Canada Millimeter Wave Technology Market Size & Outlook
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Canada millimeter wave technology market highlights
- The Canada millimeter wave technology market generated a revenue of USD 51.3 million in 2023 and is expected to reach USD 322.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 30% from 2024 to 2030.
- In terms of segment, telecommunication equipment was the largest revenue generating product in 2023.
- Radar & Satellite Communication Systems is the most lucrative product segment registering the fastest growth during the forecast period.
Millimeter wave technology market data book summary
| Market revenue in 2023 | USD 51.3 million |
| Market revenue in 2030 | USD 322.1 million |
| Growth rate | 30% (CAGR from 2023 to 2030) |
| Largest segment | Telecommunication equipment |
| Fastest growing segment | Radar & Satellite Communication Systems |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Telecommunication Equipment, Imaging & Scanning Systems, Radar & Satellite Communication Systems |
| Key market players worldwide | Aviat Networks Inc, Keysight Technologies Inc, NEC Corp, Ceragon Networks Ltd, Trex Co Inc, BridgeWave Communications, E-Band Communications, Farran Technology, LightPointe, Smiths Group PLC, QuinStar Technology Inc., Eravant |
Other key industry trends
- In terms of revenue, Canada accounted for 1.4% of the global millimeter wave technology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. millimeter wave technology market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 14,301.5 million by 2030.
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Millimeter Wave Technology Market Scope
Millimeter Wave Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Eravant | View profile | 51-100 | Torrance, California, United States, North America | https://www.sagemillimeter.com/ |
| QuinStar Technology Inc. | View profile | 51-100 | Torrance, California, United States, North America | http://quinstar.com |
| LightPointe | View profile | 51-100 | San Diego, California, United States, North America | http://www.lightpointe.com |
| Farran Technology | View profile | 51-100 | Cork, Cork, Ireland, Europe | http://www.farran.com/ |
| E-Band Communications | View profile | 11-50 | San Diego, California, United States, North America | http://www.e-band.com |
| BridgeWave Communications | View profile | 101-250 | Santa Clara, California, United States, North America | http://www.bridgewave.com |
| Trex Co Inc | View profile | 1765 | 2500 Trex Way, Winchester, VA, United States, 22601 | https://www.trex.com |
| Ceragon Networks Ltd | View profile | 1046 | 3 Uri Ariav Street, Building. A (7th Floor), PO Box 112, Rosh Ha’Ayin, Israel, 4810002 | https://www.ceragon.com |
| Aviat Networks Inc | View profile | 704 | 200 Parker Drive, Suite C100A, Austin, TX, United States, 78728 | https://www.aviatnetworks.com |
| Keysight Technologies Inc | View profile | 14900 | 1400 Fountaingrove Parkway, Santa Rosa, CA, United States, 95403-1738 | https://www.keysight.com |
| Smiths Group PLC | View profile | 15000 | 11-12 St James’s Square, 4th Floor, London, United Kingdom, SW1Y 4LB | https://www.smiths.com |
| NEC Corp | View profile | 118527 | 7-1, Shiba 5-chome, Minato-ku, Tokyo, Japan, 108-8001 | https://www.nec.com |
Canada millimeter wave technology market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to millimeter wave technology market will help companies and investors design strategic landscapes.
Telecommunication equipment was the largest segment with a revenue share of 65.11% in 2023. Horizon Databook has segmented the Canada millimeter wave technology market based on telecommunication equipment, imaging & scanning systems, radar & satellite communication systems covering the revenue growth of each sub-segment from 2017 to 2030.
- Canada Millimeter Wave Technology Product Outlook (Revenue, USD Million, 2017-2030)
- Telecommunication Equipment
- Imaging & Scanning Systems
- Radar & Satellite Communication Systems
- Canada Millimeter Wave Technology Component Outlook (Revenue, USD Million, 2017-2030)
- Antennas & Transceivers
- Amplifiers
- Oscillators
- Control Devices
- Frequency Converters
- Passive Components
- Others
- Canada Millimeter Wave Technology Application Outlook (Revenue, USD Million, 2017-2030)
- Telecommunications
- Military & Defense
- Automotive & Transport
- Healthcare
- Electronics & Semiconductor
- Security
- Canada Millimeter Wave Technology Frequency Band Outlook (Revenue, USD Million, 2017-2030)
- V-Band
- E-Band
- Other Frequency Bands
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Target buyers of Canada millimeter wave technology market databook
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Our clientele includes a mix of millimeter wave technology market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada millimeter wave technology market , including forecasts for subscribers. This country databook contains high-level insights into Canada millimeter wave technology market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Canada millimeter wave technology market size, by product, 2017-2030 (US$M)
Canada Millimeter Wave Technology Market Outlook Share, 2023 & 2030 (US$M)
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