Global Millimeter Wave Sensors & Modules Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Frequency Band;

V-Band, E-Band and Other Frequency Bands.

By Application;

Telecommunications, Military & Defense, Automotive & Transport, Healthcare, Electronics & Semiconductor and Security.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn719678857 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Millimeter Wave Sensors & Modules Market (USD Million), 2021 - 2031

In the year 2024, the Global Millimeter Wave Sensors & Modules Market was valued at USD 224.21 million. The size of this market is expected to increase to USD 2,094.04 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 37.6%.

The global millimeter wave sensors and modules market is experiencing significant growth driven by the rising demand for high-speed data transfer and communication technologies. Millimeter wave sensors operate in the frequency spectrum of 30 GHz to 300 GHz, offering advantages such as high data transfer rates, low latency, and precise sensing capabilities. These sensors find diverse applications across industries including telecommunications, automotive, healthcare, aerospace, and defense. In telecommunications, millimeter wave technology is crucial for 5G networks, enabling faster data transmission rates and supporting the growing demand for bandwidth-intensive applications.

The automotive sector is another key driver for the millimeter wave sensors market, particularly in the development of advanced driver-assistance systems (ADAS) and autonomous vehicles. Millimeter wave sensors play a vital role in providing accurate distance measurement, object detection, and collision avoidance capabilities, thereby enhancing vehicle safety and driving efficiency. Moreover, the healthcare industry utilizes millimeter wave sensors for imaging technologies such as body scanners and security screening systems, where their ability to penetrate through materials and provide detailed images without ionizing radiation is highly advantageous.

Regionally, North America and Asia Pacific are expected to dominate the millimeter wave sensors and modules market due to extensive investments in 5G infrastructure, technological advancements, and the presence of key market players. The market is characterized by ongoing research and development activities aimed at enhancing sensor capabilities, reducing costs, and expanding their application scope across various verticals. As the demand for high-bandwidth communication and sensing solutions continues to grow, the millimeter wave sensors and modules market is poised for further expansion in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Frequency Band
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Millimeter Wave Sensors & Modules Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. 5G Deployment
        2. Automotive ADAS
        3. Increased Bandwidth Demand
        4. Defense Radar Systems
      2. Restraints
        1. Cost Constraints
        2. Regulatory Challenges
        3. Range Limitations
        4. Complex Integration
      3. Opportunities
        1. Emerging Economies
        2. Healthcare Applications
        3. Satellite Communication
        4. Autonomous Vehicles
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Millimeter Wave Sensors & Modules Market, By Frequency Band, 2021 - 2031 (USD Million)
      1. V-Band
      2. E-Band
      3. Other Frequency Bands
    2. Global Millimeter Wave Sensors & Modules Market, By Application, 2021 - 2031 (USD Million)
      1. Telecommunications
      2. Military & Defense
      3. Automotive & Transport
      4. Healthcare
      5. Electronics & Semiconductor
      6. Security
    3. Global Millimeter Wave Sensors & Modules Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Aviat Networks, Inc.
      2. Bridgewave Communications, Inc.
      3. E-Band Communications, LLC
      4. Farran Technology Ltd.
      5. Keysight Technologies, Inc.
      6. Lightpointe Communications, Inc.
      7. Millitech, Inc.
      8. NEC Corporation
      9. QuinStar Technology, Inc.
      10. Sage Millimeter, Inc.
      11. Siklu Communication Ltd
      12. Trex Enterprises Corporation
  7. Analyst Views
  8. Future Outlook of the Market