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Global Millimeter Wave RF Modules Market Research Report 2024
Synopsis
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.
The global Millimeter Wave RF Modules market was valued at US$ 122 million in 2023 and is anticipated to reach US$ 3657.7 million by 2030, witnessing a CAGR of 61.7% during the forecast period 2024-2030.
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.
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.
Report Scope
The Millimeter Wave RF Modules market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Millimeter Wave RF Modules market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Millimeter Wave RF Modules companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Murata
Fujikura
Qualcomm
STMicroelectronics
Segment by Type
28GHz RF Module
60GHz RF Module
Segment by Application
Wide-band Communication
V2X Communication
Wireless Mesh Networks
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Millimeter Wave RF Modules companies’ competitive landscape, revenue 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, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.
Chapter 11: 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 12: The main points and conclusions of the report.
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.
The global Millimeter Wave RF Modules market was valued at US$ 122 million in 2023 and is anticipated to reach US$ 3657.7 million by 2030, witnessing a CAGR of 61.7% during the forecast period 2024-2030.
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.
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.
Report Scope
The Millimeter Wave RF Modules market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Millimeter Wave RF Modules market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Millimeter Wave RF Modules companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Murata
Fujikura
Qualcomm
STMicroelectronics
Segment by Type
28GHz RF Module
60GHz RF Module
Segment by Application
Wide-band Communication
V2X Communication
Wireless Mesh Networks
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Millimeter Wave RF Modules companies’ competitive landscape, revenue 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, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.
Chapter 11: 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 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Millimeter Wave RF Modules Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 28GHz RF Module
1.2.3 60GHz RF Module
1.3 Market by Application
1.3.1 Global Millimeter Wave RF Modules Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Wide-band Communication
1.3.3 V2X Communication
1.3.4 Wireless Mesh Networks
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Millimeter Wave RF Modules Market Perspective (2019-2030)
2.2 Millimeter Wave RF Modules Growth Trends by Region
2.2.1 Global Millimeter Wave RF Modules Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Millimeter Wave RF Modules Historic Market Size by Region (2019-2024)
2.2.3 Millimeter Wave RF Modules Forecasted Market Size by Region (2025-2030)
2.3 Millimeter Wave RF Modules Market Dynamics
2.3.1 Millimeter Wave RF Modules Industry Trends
2.3.2 Millimeter Wave RF Modules Market Drivers
2.3.3 Millimeter Wave RF Modules Market Challenges
2.3.4 Millimeter Wave RF Modules Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Millimeter Wave RF Modules Players by Revenue
3.1.1 Global Top Millimeter Wave RF Modules Players by Revenue (2019-2024)
3.1.2 Global Millimeter Wave RF Modules Revenue Market Share by Players (2019-2024)
3.2 Global Millimeter Wave RF Modules Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Millimeter Wave RF Modules Revenue
3.4 Global Millimeter Wave RF Modules Market Concentration Ratio
3.4.1 Global Millimeter Wave RF Modules Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Millimeter Wave RF Modules Revenue in 2023
3.5 Millimeter Wave RF Modules Key Players Head office and Area Served
3.6 Key Players Millimeter Wave RF Modules Product Solution and Service
3.7 Date of Enter into Millimeter Wave RF Modules Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Millimeter Wave RF Modules Breakdown Data by Type
4.1 Global Millimeter Wave RF Modules Historic Market Size by Type (2019-2024)
4.2 Global Millimeter Wave RF Modules Forecasted Market Size by Type (2025-2030)
5 Millimeter Wave RF Modules Breakdown Data by Application
5.1 Global Millimeter Wave RF Modules Historic Market Size by Application (2019-2024)
5.2 Global Millimeter Wave RF Modules Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Millimeter Wave RF Modules Market Size (2019-2030)
6.2 North America Millimeter Wave RF Modules Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Millimeter Wave RF Modules Market Size by Country (2019-2024)
6.4 North America Millimeter Wave RF Modules Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Millimeter Wave RF Modules Market Size (2019-2030)
7.2 Europe Millimeter Wave RF Modules Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Millimeter Wave RF Modules Market Size by Country (2019-2024)
7.4 Europe Millimeter Wave RF Modules Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Millimeter Wave RF Modules Market Size (2019-2030)
8.2 Asia-Pacific Millimeter Wave RF Modules Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Millimeter Wave RF Modules Market Size by Region (2019-2024)
8.4 Asia-Pacific Millimeter Wave RF Modules Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Millimeter Wave RF Modules Market Size (2019-2030)
9.2 Latin America Millimeter Wave RF Modules Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Millimeter Wave RF Modules Market Size by Country (2019-2024)
9.4 Latin America Millimeter Wave RF Modules Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Millimeter Wave RF Modules Market Size (2019-2030)
10.2 Middle East & Africa Millimeter Wave RF Modules Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Millimeter Wave RF Modules Market Size by Country (2019-2024)
10.4 Middle East & Africa Millimeter Wave RF Modules Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Murata
11.1.1 Murata Company Detail
11.1.2 Murata Business Overview
11.1.3 Murata Millimeter Wave RF Modules Introduction
11.1.4 Murata Revenue in Millimeter Wave RF Modules Business (2019-2024)
11.1.5 Murata Recent Development
11.2 Fujikura
11.2.1 Fujikura Company Detail
11.2.2 Fujikura Business Overview
11.2.3 Fujikura Millimeter Wave RF Modules Introduction
11.2.4 Fujikura Revenue in Millimeter Wave RF Modules Business (2019-2024)
11.2.5 Fujikura Recent Development
11.3 Qualcomm
11.3.1 Qualcomm Company Detail
11.3.2 Qualcomm Business Overview
11.3.3 Qualcomm Millimeter Wave RF Modules Introduction
11.3.4 Qualcomm Revenue in Millimeter Wave RF Modules Business (2019-2024)
11.3.5 Qualcomm Recent Development
11.4 STMicroelectronics
11.4.1 STMicroelectronics Company Detail
11.4.2 STMicroelectronics Business Overview
11.4.3 STMicroelectronics Millimeter Wave RF Modules Introduction
11.4.4 STMicroelectronics Revenue in Millimeter Wave RF Modules Business (2019-2024)
11.4.5 STMicroelectronics Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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