Millimeter Wave Sensors Market: Key Business Opportunities Along With Potential Challenges 2020-2030

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Millimeter Wave Sensors: Introduction

  • Millimeter wave sensors are the sensors that transmit signals in the millimeter (mm) range. Millimeter wave sensors transmit the signals of a short wavelength and operates in the spectrum between 30 GHz – 300 GHz.
  • Millimeter wave sensors provide high accuracy in extreme weather and low visibility conditions, such as fog, smoke, and thunderstorm.
  • Adoption of millimeter wave sensors is rapidly increasing in bandwidth-intensive applications, data-intensive services such as video streaming, video conferencing, media exchange over the internet, and high-speed online gaming. Increase in demand from consumer electronics, such as smartphones and wearable electronics is likely to boost the millimeter wave sensors market during the forecast period.

Rise in Demand in E- Band Frequency

  • E-band frequency segment is expected to be the fastest growing segment of the millimeter wave sensors market during the forecast period.
  • E-band frequency millimeter wave sensors are largely used in telecommunication equipment, telecommunications sector, radar, and satellite communications.
  • The increasing demand for high-speed data transfer, communication originating from residential and commercial sectors such as data centers and IT offices, rise in demand from bandwidth-intensive applications, and demand for high-speed internet also propels the growth of the E-band frequency millimeter sensors market.
  • Millimeter wave sensors are used in various sectors, such as military and defense, telecommunication, automotive (advanced avionics navigation systems, automotive long-range radar, and instrument landing systems), healthcare, and security. These uses propel the growth of the market.
  • In January 2020, NCE Corporation developed a millimeter-wave distributed antenna radio unit for 5G millimeter-wave spectrum (uses millimeter wave sensor and modems) to improve the channel quality for indoor 5G applications.

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North America to Lead the Millimeter Wave Sensors Market

  • In terms of region, the global millimeter wave sensors market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
  • North America is anticipated to dominate the global millimeter wave sensors market throughout the forecast period, as a large number of manufacturers of millimeter wave sensors operate in the region.
  • North America is expected to witness the fastest growth in the millimeter wave sensors market during the forecast period due to early adoption of upcoming and emerging technology in the region, and increasing demand from countries such as the U.S. and Canada.
  • Furthermore, the installation of new telecom equipment and radar systems based on millimeter wave sensors is expected to drive the market across the North America region.
  • Asia Pacific holds the second largest share of the millimeter wave sensors market, attributed to developments and upgrades being carried out in the region’s telecom infrastructure.

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