Jun 6 2014
Research and Markets has announced the addition of the "Millimeter Wave Technology Market by Components, Products, Applications - Analysis & Forecast to 2020" report to their offering.
Millimeter wave technology operates in an unregulated bandwidth that is available world-wide and with better efficiency than traditional wireless LAN frequencies such as 2.5 GHz or 5 GHz for the specific set of non-traditional applications. MM Wave technology has many applications due to its unique features which facilitate advanced imaging, high speed backhaul in telecommunications, and high speed data transfer in home media networking. Other emerging applications include satellite communications, RADAR systems across various industries, and several more, which are bound to help this market take off at a rapid pace.
The low range and narrow beam of millimeter waves have made it ideal for having little or no interference between neighboring links, even in urban environments. This has made the interception of the Millimeter waves signal very difficult or nearly impossible. Thus, in telecommunications, MM Waves technology is an alternative to fiber-optics, in terms of speed and performance, but with a low cost. Today, mobile base-station industry is rapidly incorporating MM Waves technology in small-cell equipment, due to advanced features offered by millimeter waves, and this trend has taken a steep upward curve, with the global LTE boom in 2012-2013.
This report describes the market trends, drivers, and challenges of the millimeter wave technology market and forecasts the market to 2020, based on applications, components, products, and geography. It covers geographies like the North America, Europe, APAC, and ROW (Rest of the World).
The major players in this market are BridgeWave Communications, Inc. (U.S.), E-Band Communications Corporation (U.S.), Vubiq, Inc. (Israel), Millivision Technologies (U.S.), and so on.
Millimeter wave technology life cycle depicts the industry trend of various applications. This life cycle has been categorized into four phases such as Introduction, Growth, Maturity, and Decline. Introduction phase signifies that the product or technology is at the nascent stage and not yet commercialized, but will succeed in future. Growth phase signifies that product or technology has a strong demand and huge scope in the market and also the highest growth potential.
Source: http://www.researchandmarkets.com