Millimeter Wave Technology
Millimeter Wave Technology
#Millimeter_wave is a kind of electromagnetic technology used in various products such as phones, cars, medical devices, and others to ensure wireless broadband communications at a higher speed. It is extremely high frequency (EHF) as it presents signal spectrum ranges from 30 GHz to 300 GHz with a wavelength between 1 and 10 mm. Moreover, millimeter wave technology provides security for communication transmission
This millimeter wave technology market is experiencing high adoption in various industrial and commercial sectors such as providing wireless communication in smart wearable, smart phones, and smart watches.
Technological advances in digital networks connect number of devices and sensors together, which ensures advances in healthcare, education, transportation, automotive, telecommunication, and other industries. Hospitals are now using autonomous millimeter wave technology for medical imaging. Military and aerospace use millimeter wave technology in segments such as radar and satellite communications, which are mainly deployed by the military in combat scenarios. The telecommunication industry uses millimeter wave technology for transmitting the data over long distances
Top Impacting Factors:
The notable factors positively affecting the millimeter wave technology market include increase in usage of testing in 5G technology in countries such as the U.S., China, Japan, and South Korea; rise in adoption of electronic appliances; and surge in usage of millimeter wave technology-based scanner systems in airports worldwide. However, rise in environmental concerns and adverse impact by millimeter wave technology on the environment hamper the market growth. Moreover, emerging trends and usage of millimeter wave technology in aerospace & defense and increase in demand for autonomous vehicle offers huge millimeter wave technology market opportunities in the next seven years.
The global millimeter wave technology market size is expected to reach $3.88 billion by 2027 from $369.9 million in 2019, growing at a CAGR of 37.1% from 2020 to 2027.
Millimeter Wave Technology by Component:
Antenna & transceiver components
-Frequency sources & related components
-Communication & networking components
-Imaging components
-RF & radio components
-Sensors & controls
-Others
Millimeter Wave Technology by Product:
-Scanner system
-Radar and satellite communications system
-Telecommunication equipment
Disclaimer – This post has only been shared for an educational and knowledge-sharing purpose related to Technologies. Information was obtained from the source above source. All rights and credits are reserved for the respective owner(s).
Keep learning and keep growing
Source: LinkedIn
Credits: Ms. Rishika Pawar (Information Security Network)