India Millimeter Wave Technology Market Size & Outlook
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India millimeter wave technology market highlights
- The India millimeter wave technology market generated a revenue of USD 252.3 million in 2023 and is expected to reach USD 3,665.9 million by 2030.
- The India market is expected to grow at a CAGR of 46.6% 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 252.3 million |
| Market revenue in 2030 | USD 3,665.9 million |
| Growth rate | 46.6% (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, India accounted for 6.7% 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.
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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 |
India 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 55.57% in 2023. Horizon Databook has segmented the India 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.
- India Millimeter Wave Technology Product Outlook (Revenue, USD Million, 2017-2030)
- Telecommunication Equipment
- Imaging & Scanning Systems
- Radar & Satellite Communication Systems
- India Millimeter Wave Technology Component Outlook (Revenue, USD Million, 2017-2030)
- Antennas & Transceivers
- Amplifiers
- Oscillators
- Control Devices
- Frequency Converters
- Passive Components
- Others
- India Millimeter Wave Technology Application Outlook (Revenue, USD Million, 2017-2030)
- Telecommunications
- Military & Defense
- Automotive & Transport
- Healthcare
- Electronics & Semiconductor
- Security
- India 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 India 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India millimeter wave technology market , including forecasts for subscribers. This country databook contains high-level insights into India millimeter wave technology market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India millimeter wave technology market size, by product, 2017-2030 (US$M)
India Millimeter Wave Technology Market Outlook Share, 2023 & 2030 (US$M)
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