Industry: Machinery & Equipment
Published Date: 2026-07-15
Pages: 151 Pages
Report ld: 6953643
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Millimeter Wave Equipment Market Size(US$)

CAGR 2026-2032
25.4%
Market Size,2032
USD 3,653
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Millimeter Wave Equipment was estimated to be worth US$ 766 million in 2025 and is projected to reach US$ 3653 million, growing at a CAGR of 25.4% from 2026 to 2032.
The frequency of millimeter electronic wave lies in between 3GHz to 300 GHz. It is a special electromagnetic wave whose frequency is far beyond the frequency range of other commonly used wireless technologies. Originally electromagnetic waves having frequencies higher than 80GHz were termed as microwaves and electromagnetic waves having even higher frequencies were termed as radio waves. However, with commercialization of this technology, the demarcation between various frequencies has blurred.
The demand for higher bandwidth continues to escalate as more and more consumers gain access to the internet, and as existing users report higher data consumption. From young consumers who extensively use smartphones to corporate data centers experiencing mounting volumes of data, the answer lies in offering higher bandwidths. This bandwidth demand can only be met by introducing newer technologies to the market, such as the use of fiber optic cables, which are currently the best solution for delivering maximum bandwidth. Yet, the high cost of fiber optic cables has proven to be a deterrent to its wider adoption. This is where the millimeter wave wireless technology comes into the picture by offering similar bandwidths at lower prices. The ability of millimeter wave equipment to deliver an economical solution greatly works in its favor.
This report provides a comprehensive view of the global market for Millimeter Wave Equipment, covering total sales volume, sales revenue, pricing, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The Millimeter Wave Equipment market size, estimations, and forecasts are presented in terms of sales volume (K Units) and revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding Millimeter Wave Equipment.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the scope of the report and the global market size (value, volume, and price). It also summarizes market dynamics and Recent Developments; identifies key drivers and restraints; outlines challenges and risks for manufacturers; reviews relevant industry policies and U.S. tariff implications.
Chapter 2: Provides a detailed analysis of the Millimeter Wave Equipment manufacturers' competitive landscape—including pricing, sales and revenue shares, Recent Developments plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents Millimeter Wave Equipment sales and revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents Millimeter Wave Equipment sales and revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product sales, revenue, pricing, gross margin, product portfolios, Recent Developments, etc.
Chapter 8: Analyzes the industry value chain, including upstream suppliers and downstream applications/customers.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Millimeter Wave Equipment Product Introduction
1.2 Global Millimeter Wave Equipment Market Size Forecast
1.2.1 Global Millimeter Wave Equipment Sales Value (2021–2032)
1.2.2 Global Millimeter Wave Equipment Sales Volume (2021–2032)
1.2.3 Global Millimeter Wave Equipment Sales Price (2021–2032)
1.3 Millimeter Wave Equipment Market Trends & Drivers
1.3.1 Millimeter Wave Equipment Industry Trends
1.3.2 Millimeter Wave Equipment Market Drivers & Opportunities
1.3.3 Millimeter Wave Equipment Market Challenges
1.3.4 Millimeter Wave Equipment Market Restraints
1.3.5 Impact of U.S. Tariffs
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Millimeter Wave Equipment Players Revenue Ranking (2025)
2.2 Global Millimeter Wave Equipment Revenue by Company (2021–2026)
2.3 Global Millimeter Wave Equipment Sales Volume Ranking of Players (2025)
2.4 Global Millimeter Wave Equipment Sales Volume by Company (2021–2026)
2.5 Global Millimeter Wave Equipment Average Price by Company (2021–2026)
2.6 Key Manufacturers Millimeter Wave Equipment Manufacturing Base and Headquarters
2.7 Key Manufacturers Millimeter Wave Equipment Product Offerings
2.8 Key Manufacturers Start of Mass Production of Millimeter Wave Equipment
2.9 Millimeter Wave Equipment Market Competitive Analysis
2.9.1 Millimeter Wave Equipment Market Concentration Rate (2021–2026)
2.9.2 Global 5 and 10 Largest Manufacturers by Millimeter Wave Equipment Revenue in 2025
2.9.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Millimeter Wave Equipment revenue, 2025
2.10 Mergers & Acquisitions and Expansion
3 Segmentation Millimeter Wave Equipment Market Classification
3.1 Introduction by Type
3.1.1 Millimeter Scanners
3.1.2 Millimeter Radars
3.1.3 Millimeter Microscale Backhaul
3.1.4 Global Millimeter Wave Equipment Sales Value by Type
3.1.4.1 Global Millimeter Wave Equipment Sales Value by Type (2021 vs 2025 vs 2032)
3.1.4.2 Global Millimeter Wave Equipment Sales Value, by Type (2021–2032)
3.1.4.3 Global Millimeter Wave Equipment Sales Value, by Type (%), 2021–2032
3.1.5 Global Millimeter Wave Equipment Sales Volume by Type
3.1.5.1 Global Millimeter Wave Equipment Sales Volume by Type (2021 vs 2025 vs 2032)
3.1.5.2 Global Millimeter Wave Equipment Sales Volume, by Type (2021–2032)
3.1.5.3 Global Millimeter Wave Equipment Sales Volume, by Type (%), 2021–2032
3.1.6 Global Millimeter Wave Equipment Average Price by Type (2021–2032)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Automotive
4.1.2 Telecommunication
4.1.3 Healthcare
4.1.4 Others
4.2 Global Millimeter Wave Equipment Sales Value by Application
4.2.1 Global Millimeter Wave Equipment Sales Value by Application (2021 vs 2025 vs 2032)
4.2.2 Global Millimeter Wave Equipment Sales Value, by Application (2021–2032)
4.2.3 Global Millimeter Wave Equipment Sales Value, by Application (%), 2021–2032
4.3 Global Millimeter Wave Equipment Sales Volume by Application
4.3.1 Global Millimeter Wave Equipment Sales Volume by Application (2021 vs 2025 vs 2032)
4.3.2 Global Millimeter Wave Equipment Sales Volume, by Application (2021–2032)
4.3.3 Global Millimeter Wave Equipment Sales Volume, by Application (%), 2021–2032
4.4 Global Millimeter Wave Equipment Average Price by Application (2021–2032)
5 Segmentation by Region
5.1 Global Millimeter Wave Equipment Sales Value by Region
5.1.1 Global Millimeter Wave Equipment Sales Value by Region: 2021 vs 2025 vs 2032
5.1.2 Global Millimeter Wave Equipment Sales Value by Region (2021–2026)
5.1.3 Global Millimeter Wave Equipment Sales Value by Region (2027–2032)
5.1.4 Global Millimeter Wave Equipment Sales Value by Region (%), 2021–2032
5.2 Global Millimeter Wave Equipment Sales Volume by Region
5.2.1 Global Millimeter Wave Equipment Sales Volume by Region: 2021 vs 2025 vs 2032
5.2.2 Global Millimeter Wave Equipment Sales Volume by Region (2021–2026)
5.2.3 Global Millimeter Wave Equipment Sales Volume by Region (2027–2032)
5.2.4 Global Millimeter Wave Equipment Sales Volume by Region (%), 2021–2032
5.3 Global Millimeter Wave Equipment Average Price by Region (2021–2032)
5.4 North America
5.4.1 North America Millimeter Wave Equipment Sales Value, 2021–2032
5.4.2 North America Millimeter Wave Equipment Sales Value by Country (%), 2025 vs 2032
5.5 Europe
5.5.1 Europe Millimeter Wave Equipment Sales Value, 2021–2032
5.5.2 Europe Millimeter Wave Equipment Sales Value by Country (%), 2025 vs 2032
5.6 Asia Pacific
5.6.1 Asia Pacific Millimeter Wave Equipment Sales Value, 2021–2032
5.6.2 Asia Pacific Millimeter Wave Equipment Sales Value by Region (%), 2025 vs 2032
5.7 South America
5.7.1 South America Millimeter Wave Equipment Sales Value, 2021–2032
5.7.2 South America Millimeter Wave Equipment Sales Value by Country (%), 2025 vs 2032
5.8 Middle East & Africa
5.8.1 Middle East & Africa Millimeter Wave Equipment Sales Value, 2021–2032
5.8.2 Middle East & Africa Millimeter Wave Equipment Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Millimeter Wave Equipment Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions Millimeter Wave Equipment Sales Value and Sales Volume
6.2.1 Key Countries/Regions Millimeter Wave Equipment Sales Value, 2021–2032
6.2.2 Key Countries/Regions Millimeter Wave Equipment Sales Volume, 2021–2032
6.3 United States
6.3.1 United States Millimeter Wave Equipment Sales Value, 2021–2032
6.3.2 United States Millimeter Wave Equipment Sales Value by Type (%), 2025 vs 2032
6.3.3 United States Millimeter Wave Equipment Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe Millimeter Wave Equipment Sales Value, 2021–2032
6.4.2 Europe Millimeter Wave Equipment Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe Millimeter Wave Equipment Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China Millimeter Wave Equipment Sales Value, 2021–2032
6.5.2 China Millimeter Wave Equipment Sales Value by Type (%), 2025 vs 2032
6.5.3 China Millimeter Wave Equipment Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan Millimeter Wave Equipment Sales Value, 2021–2032
6.6.2 Japan Millimeter Wave Equipment Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan Millimeter Wave Equipment Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea Millimeter Wave Equipment Sales Value, 2021–2032
6.7.2 South Korea Millimeter Wave Equipment Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea Millimeter Wave Equipment Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia Millimeter Wave Equipment Sales Value, 2021–2032
6.8.2 Southeast Asia Millimeter Wave Equipment Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia Millimeter Wave Equipment Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India Millimeter Wave Equipment Sales Value, 2021–2032
6.9.2 India Millimeter Wave Equipment Sales Value by Type (%), 2025 vs 2032
6.9.3 India Millimeter Wave Equipment Sales Value by Application, 2025 vs 2032
7 Company Profiles
7.1 Aviat Networks
7.1.1 Aviat Networks Company Information
7.1.2 Aviat Networks Introduction and Business Overview
7.1.3 Aviat Networks Millimeter Wave Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.1.4 Aviat Networks Millimeter Wave Equipment Product Offerings
7.1.5 Aviat Networks Recent Developments
7.2 BridgeWave Communications
7.2.1 BridgeWave Communications Company Information
7.2.2 BridgeWave Communications Introduction and Business Overview
7.2.3 BridgeWave Communications Millimeter Wave Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.2.4 BridgeWave Communications Millimeter Wave Equipment Product Offerings
7.2.5 BridgeWave Communications Recent Developments
7.3 Wireless Excellence Limited
7.3.1 Wireless Excellence Limited Company Information
7.3.2 Wireless Excellence Limited Introduction and Business Overview
7.3.3 Wireless Excellence Limited Millimeter Wave Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.3.4 Wireless Excellence Limited Millimeter Wave Equipment Product Offerings
7.3.5 Wireless Excellence Limited Recent Developments
7.4 DragonWave
7.4.1 DragonWave Company Information
7.4.2 DragonWave Introduction and Business Overview
7.4.3 DragonWave Millimeter Wave Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.4.4 DragonWave Millimeter Wave Equipment Product Offerings
7.4.5 DragonWave Recent Developments
7.5 E-Band Communications
7.5.1 E-Band Communications Company Information
7.5.2 E-Band Communications Introduction and Business Overview
7.5.3 E-Band Communications Millimeter Wave Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.5.4 E-Band Communications Millimeter Wave Equipment Product Offerings
7.5.5 E-Band Communications Recent Developments
7.6 ELVA-1 Millimeter Wave Division
7.6.1 ELVA-1 Millimeter Wave Division Company Information
7.6.2 ELVA-1 Millimeter Wave Division Introduction and Business Overview
7.6.3 ELVA-1 Millimeter Wave Division Millimeter Wave Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.6.4 ELVA-1 Millimeter Wave Division Millimeter Wave Equipment Product Offerings
7.6.5 ELVA-1 Millimeter Wave Division Recent Developments
7.7 INTRACOM TELECOM
7.7.1 INTRACOM TELECOM Company Information
7.7.2 INTRACOM TELECOM Introduction and Business Overview
7.7.3 INTRACOM TELECOM Millimeter Wave Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.7.4 INTRACOM TELECOM Millimeter Wave Equipment Product Offerings
7.7.5 INTRACOM TELECOM Recent Developments
7.8 NEC Corporation
7.8.1 NEC Corporation Company Information
7.8.2 NEC Corporation Introduction and Business Overview
7.8.3 NEC Corporation Millimeter Wave Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.8.4 NEC Corporation Millimeter Wave Equipment Product Offerings
7.8.5 NEC Corporation Recent Developments
7.9 Siklu Communication Ltd
7.9.1 Siklu Communication Ltd Company Information
7.9.2 Siklu Communication Ltd Introduction and Business Overview
7.9.3 Siklu Communication Ltd Millimeter Wave Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.9.4 Siklu Communication Ltd Millimeter Wave Equipment Product Offerings
7.9.5 Siklu Communication Ltd Recent Developments
7.10 Trex Enterprises Corporation
7.10.1 Trex Enterprises Corporation Company Information
7.10.2 Trex Enterprises Corporation Introduction and Business Overview
7.10.3 Trex Enterprises Corporation Millimeter Wave Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.10.4 Trex Enterprises Corporation Millimeter Wave Equipment Product Offerings
7.10.5 Trex Enterprises Corporation Recent Developments
7.11 Bosch
7.11.1 Bosch Company Information
7.11.2 Bosch Introduction and Business Overview
7.11.3 Bosch Millimeter Wave Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.11.4 Bosch Millimeter Wave Equipment Product Offerings
7.11.5 Bosch Recent Developments
7.12 Continental
7.12.1 Continental Company Information
7.12.2 Continental Introduction and Business Overview
7.12.3 Continental Millimeter Wave Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.12.4 Continental Millimeter Wave Equipment Product Offerings
7.12.5 Continental Recent Developments
7.13 Hella
7.13.1 Hella Company Information
7.13.2 Hella Introduction and Business Overview
7.13.3 Hella Millimeter Wave Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.13.4 Hella Millimeter Wave Equipment Product Offerings
7.13.5 Hella Recent Developments
7.14 Denso
7.14.1 Denso Company Information
7.14.2 Denso Introduction and Business Overview
7.14.3 Denso Millimeter Wave Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.14.4 Denso Millimeter Wave Equipment Product Offerings
7.14.5 Denso Recent Developments
7.15 Veoneer
7.15.1 Veoneer Company Information
7.15.2 Veoneer Introduction and Business Overview
7.15.3 Veoneer Millimeter Wave Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.15.4 Veoneer Millimeter Wave Equipment Product Offerings
7.15.5 Veoneer Recent Developments
7.16 Valeo
7.16.1 Valeo Company Information
7.16.2 Valeo Introduction and Business Overview
7.16.3 Valeo Millimeter Wave Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.16.4 Valeo Millimeter Wave Equipment Product Offerings
7.16.5 Valeo Recent Developments
7.17 Aptiv
7.17.1 Aptiv Company Information
7.17.2 Aptiv Introduction and Business Overview
7.17.3 Aptiv Millimeter Wave Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.17.4 Aptiv Millimeter Wave Equipment Product Offerings
7.17.5 Aptiv Recent Developments
7.18 ZF
7.18.1 ZF Company Information
7.18.2 ZF Introduction and Business Overview
7.18.3 ZF Millimeter Wave Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.18.4 ZF Millimeter Wave Equipment Product Offerings
7.18.5 ZF Recent Developments
7.19 Hitachi
7.19.1 Hitachi Company Information
7.19.2 Hitachi Introduction and Business Overview
7.19.3 Hitachi Millimeter Wave Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.19.4 Hitachi Millimeter Wave Equipment Product Offerings
7.19.5 Hitachi Recent Developments
7.20 Nidec Elesys
7.20.1 Nidec Elesys Company Information
7.20.2 Nidec Elesys Introduction and Business Overview
7.20.3 Nidec Elesys Millimeter Wave Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.20.4 Nidec Elesys Millimeter Wave Equipment Product Offerings
7.20.5 Nidec Elesys Recent Developments
8 Industry Chain Analysis
8.1 Millimeter Wave Equipment Industrial Chain
8.2 Millimeter Wave Equipment Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Key Suppliers of Raw Materials
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customer Analysis)
8.5 Sales Model and Sales Channelss
8.5.1 Millimeter Wave Equipment Sales Model
8.5.2 Sales Channels
8.5.3 Millimeter Wave Equipment Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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The global Millimeter Wave Equipment market is projected to grow from US$ 624 million in 2024 to US$ 2974 million by 2031, at a CAGR of 25.4% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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