Report overview
RF modules (Radio Frequency module) are electronic devices used to transmit and/or receive radio signals between two devices. Millimeter waves occupy in the Extremely High Frequency band (30 GHz to 300 GHz) of radio frequency spectrum. This frequency band has wavelength ranging from 10mm to 1 mm and thus called millimeter waves. Circuits have become denser as radio frequency (RF) applications begin to take advantage of millimeter wave (mmWave) frequencies.
This report aims to provide a comprehensive presentation of the global market for Millimeter Wave RF Modules, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Millimeter Wave RF Modules. This report contains market size and forecasts of Millimeter Wave RF Modules in global, including the following market information:
Global Millimeter Wave RF Modules Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Millimeter Wave RF Modules market was valued at US$ 125.5 million in 2022 and is projected to reach US$ 3224.9 million by 2029, at a CAGR of 59.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of Millimeter Wave RF Modules include Murata, Fujikura, Qualcomm, STMicroelectronics, etc. The top two players hold a share over 96%. North America is the largest market, has a share about 91%, followed by Europe and Asia-Pacific, with share 4% and 2%, separately. In terms of product type, 60GHz RF Module is the largest segment, occupied for a share of 86%, and in terms of application, Wide-band Communication has a share about 97 percent.
We surveyed the Millimeter Wave RF Modules companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Millimeter Wave RF Modules Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Millimeter Wave RF Modules Market Segment Percentages, by Type, 2022 (%)
28GHz RF Module
60GHz RF Module
Global Millimeter Wave RF Modules Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Millimeter Wave RF Modules Market Segment Percentages, by Application, 2022 (%)
Wide-band Communication
V2X Communication
Wireless Mesh Networks
Others
Global Millimeter Wave RF Modules Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Millimeter Wave RF Modules Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Millimeter Wave RF Modules revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Millimeter Wave RF Modules revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Murata
Fujikura
Qualcomm
STMicroelectronics
Outline of Major Chapters:
Chapter 1: Introduces the definition of Millimeter Wave RF Modules, market overview.
Chapter 2: Global Millimeter Wave RF Modules market size in revenue.
Chapter 3: Detailed analysis of Millimeter Wave RF Modules company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Millimeter Wave RF Modules in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
