Millimeter Wave Technology Market (Sensors, Radio, Networking) Worth $1.9 Billion by 2020

Millimeter Wave Technology Market categorizes global market by Products (MM Scanners, MM RADARs, MM Small Cells), Components (Sensors, Radio, Networking) Applications (Communications, Aerospace, Healthcare, Automotive, Industrial) & Geography."

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Dallas, TX -- (SBWire) -- 12/10/2014 --According to a new market research report "Millimeter Wave Technology Market by Components (Sensors, Radio, Networking), Products (MM Scanners, MM RADARs, MM Small Cells), Applications (Communications, Aerospace, Healthcare, Automotive, Industrial) - Analysis & Forecast to 2020" ,published by MarketsandMarkets, the total market is expected to reach $1.9 Billion by 2020, at a CAGR of 45.09%.

Browse 100 market data tables and 174 figures spread through 438 pages and in-depth TOC on "Millimeter Wave Technology Market by Components (Sensors, Radio, Networking), Products (MM Scanners, MM RADARs, MM Small Cells), Applications (Communications, Aerospace, Healthcare, Automotive, Industrial) - Analysis & Forecast to 2020 ".

http://www.marketsandmarkets.com/Market-Reports/millimeter-wave-technology-market-981.html

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Extremely high frequency (EHF) is the highest band of radio waves and operates at a frequency range of 20 GHz-300 GHz. The radio waves in this band have wavelengths that are in the range 10 mm to 1mm, which is why the waves in this band are called as millimeter waves or mmW. In wireless communications, the frequency is of the major factors that ascertain the feasibility of the technology. Millimeter wave technology operates in an unregulated bandwidth that is available world-wide and with better ef?ciency than traditional wireless LAN frequencies such as 2.5 GHz or 5 GHz. mmW technology has many applications due to its unique features like those in imaging, telecommunications, home networking, satellite communication, construction and manufacturing, and others.

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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.

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