China Millimeter Wave Technology Market Size & Outlook

The millimeter wave technology market in China is expected to reach a projected revenue of US$ 4,900.8 million by 2030. A compound annual growth rate of 44.7% is expected of China millimeter wave technology market from 2024 to 2030.
Revenue, 2023 (US$M)
$368.1
Forecast, 2030 (US$M)
$4,900.8
CAGR, 2024 - 2030
44.7%
Report Coverage
China

China millimeter wave technology market highlights

  • The China millimeter wave technology market generated a revenue of USD 368.1 million in 2023 and is expected to reach USD 4,900.8 million by 2030.
  • The China market is expected to grow at a CAGR of 44.7% 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 368.1 million
Market revenue in 2030USD 4,900.8 million
Growth rate44.7% (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, China accounted for 9.8% 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 Asia Pacific, China millimeter wave technology market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,665.9 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Millimeter Wave Technology Market Companies

Name Profile # Employees HQ Website

China 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 54.99% in 2023. Horizon Databook has segmented the China 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.


  • China Millimeter Wave Technology Product Outlook (Revenue, USD Million, 2017-2030)
    • Telecommunication Equipment
    • Imaging & Scanning Systems
    • Radar & Satellite Communication Systems
  • China Millimeter Wave Technology Component Outlook (Revenue, USD Million, 2017-2030)
    • Antennas & Transceivers
    • Amplifiers
    • Oscillators
    • Control Devices
    • Frequency Converters
    • Passive Components
    • Others
  • China Millimeter Wave Technology Application Outlook (Revenue, USD Million, 2017-2030)
    • Telecommunications
    • Military & Defense
    • Automotive & Transport
    • Healthcare
    • Electronics & Semiconductor
    • Security
  • China Millimeter Wave Technology Frequency Band Outlook (Revenue, USD Million, 2017-2030)
    • V-Band
    • E-Band
    • Other Frequency Bands

Reasons to subscribe to China millimeter wave technology market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of China 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 China millimeter wave technology market , including forecasts for subscribers. This country databook contains high-level insights into China millimeter wave technology market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

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

China Millimeter Wave Technology Market Outlook Share, 2023 & 2030 (US$M)

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

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more