Canada Millimeter Wave Technology Market Size & Outlook

The millimeter wave technology market in Canada is expected to reach a projected revenue of US$ 322.1 million by 2030. A compound annual growth rate of 30% is expected of Canada millimeter wave technology market from 2024 to 2030.

Revenue, 2023 (US$M)
$51.3
Forecast, 2030 (US$M)
$322.1
CAGR, 2024 - 2030
30%
Report Coverage
Canada

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 2023USD 51.3 million
Market revenue in 2030USD 322.1 million
Growth rate30% (CAGR from 2023 to 2030)
Largest segmentTelecommunication equipment
Fastest growing segmentRadar & Satellite Communication Systems
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTelecommunication Equipment, Imaging & Scanning Systems, Radar & Satellite Communication Systems
Key market players worldwideAviat 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 segmentation & scope
Telecommunication Equipment
Imaging & Scanning Systems
Radar & Satellite Communication Systems
Antennas & Transceivers
Amplifiers
Oscillators
Control Devices
Frequency Converters
Passive Components
Others
Telecommunications
Military & Defense
Automotive & Transport
Healthcare
Electronics & Semiconductor
Security
V-Band
E-Band
Other Frequency Bands

Millimeter Wave Technology Market Companies

Name Profile # Employees HQ Website

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

  • Our clientele includes a mix of millimeter wave technology market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

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)

Canada millimeter wave technology market size, by product, 2017-2030 (US$M)

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