

The global Millimeter Wave RF Modules market size was valued at US$ 119.3 million in 2023. With growing demand in downstream market, the Millimeter Wave RF Modules is forecast to a readjusted size of US$ 3800.7 million by 2030 with a CAGR of 64.0% during review period.
The research report highlights the growth potential of the global Millimeter Wave RF Modules market. Millimeter Wave RF Modules are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Millimeter Wave RF Modules. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Millimeter Wave RF Modules market.
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.
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.
Key Features:
The report on Millimeter Wave RF Modules market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Millimeter Wave RF Modules market. It may include historical data, market segmentation by Type (e.g., 28GHz RF Module, 60GHz RF Module), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Millimeter Wave RF Modules market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Millimeter Wave RF Modules market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Millimeter Wave RF Modules industry. This include advancements in Millimeter Wave RF Modules technology, Millimeter Wave RF Modules new entrants, Millimeter Wave RF Modules new investment, and other innovations that are shaping the future of Millimeter Wave RF Modules.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Millimeter Wave RF Modules market. It includes factors influencing customer ' purchasing decisions, preferences for Millimeter Wave RF Modules product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Millimeter Wave RF Modules market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Millimeter Wave RF Modules market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Millimeter Wave RF Modules market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Millimeter Wave RF Modules industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Millimeter Wave RF Modules market.
Market Segmentation:
Millimeter Wave RF Modules market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
28GHz RF Module
60GHz RF Module
Segmentation by application
Wide-band Communication
V2X Communication
Wireless Mesh Networks
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Murata
Fujikura
Qualcomm
STMicroelectronics
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Millimeter Wave RF Modules Market Size 2019-2030
2.1.2 Millimeter Wave RF Modules Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Millimeter Wave RF Modules Segment by Type
2.2.1 28GHz RF Module
2.2.2 60GHz RF Module
2.3 Millimeter Wave RF Modules Market Size by Type
2.3.1 Millimeter Wave RF Modules Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Millimeter Wave RF Modules Market Size Market Share by Type (2019-2024)
2.4 Millimeter Wave RF Modules Segment by Application
2.4.1 Wide-band Communication
2.4.2 V2X Communication
2.4.3 Wireless Mesh Networks
2.4.4 Others
2.5 Millimeter Wave RF Modules Market Size by Application
2.5.1 Millimeter Wave RF Modules Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Millimeter Wave RF Modules Market Size Market Share by Application (2019-2024)
3 Millimeter Wave RF Modules Market Size by Player
3.1 Millimeter Wave RF Modules Market Size Market Share by Players
3.1.1 Global Millimeter Wave RF Modules Revenue by Players (2019-2024)
3.1.2 Global Millimeter Wave RF Modules Revenue Market Share by Players (2019-2024)
3.2 Global Millimeter Wave RF Modules Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Millimeter Wave RF Modules by Regions
4.1 Millimeter Wave RF Modules Market Size by Regions (2019-2024)
4.2 Americas Millimeter Wave RF Modules Market Size Growth (2019-2024)
4.3 APAC Millimeter Wave RF Modules Market Size Growth (2019-2024)
4.4 Europe Millimeter Wave RF Modules Market Size Growth (2019-2024)
4.5 Middle East & Africa Millimeter Wave RF Modules Market Size Growth (2019-2024)
5 Americas
5.1 Americas Millimeter Wave RF Modules Market Size by Country (2019-2024)
5.2 Americas Millimeter Wave RF Modules Market Size by Type (2019-2024)
5.3 Americas Millimeter Wave RF Modules Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Millimeter Wave RF Modules Market Size by Region (2019-2024)
6.2 APAC Millimeter Wave RF Modules Market Size by Type (2019-2024)
6.3 APAC Millimeter Wave RF Modules Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Millimeter Wave RF Modules by Country (2019-2024)
7.2 Europe Millimeter Wave RF Modules Market Size by Type (2019-2024)
7.3 Europe Millimeter Wave RF Modules Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Millimeter Wave RF Modules by Region (2019-2024)
8.2 Middle East & Africa Millimeter Wave RF Modules Market Size by Type (2019-2024)
8.3 Middle East & Africa Millimeter Wave RF Modules Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Millimeter Wave RF Modules Market Forecast
10.1 Global Millimeter Wave RF Modules Forecast by Regions (2025-2030)
10.1.1 Global Millimeter Wave RF Modules Forecast by Regions (2025-2030)
10.1.2 Americas Millimeter Wave RF Modules Forecast
10.1.3 APAC Millimeter Wave RF Modules Forecast
10.1.4 Europe Millimeter Wave RF Modules Forecast
10.1.5 Middle East & Africa Millimeter Wave RF Modules Forecast
10.2 Americas Millimeter Wave RF Modules Forecast by Country (2025-2030)
10.2.1 United States Millimeter Wave RF Modules Market Forecast
10.2.2 Canada Millimeter Wave RF Modules Market Forecast
10.2.3 Mexico Millimeter Wave RF Modules Market Forecast
10.2.4 Brazil Millimeter Wave RF Modules Market Forecast
10.3 APAC Millimeter Wave RF Modules Forecast by Region (2025-2030)
10.3.1 China Millimeter Wave RF Modules Market Forecast
10.3.2 Japan Millimeter Wave RF Modules Market Forecast
10.3.3 Korea Millimeter Wave RF Modules Market Forecast
10.3.4 Southeast Asia Millimeter Wave RF Modules Market Forecast
10.3.5 India Millimeter Wave RF Modules Market Forecast
10.3.6 Australia Millimeter Wave RF Modules Market Forecast
10.4 Europe Millimeter Wave RF Modules Forecast by Country (2025-2030)
10.4.1 Germany Millimeter Wave RF Modules Market Forecast
10.4.2 France Millimeter Wave RF Modules Market Forecast
10.4.3 UK Millimeter Wave RF Modules Market Forecast
10.4.4 Italy Millimeter Wave RF Modules Market Forecast
10.4.5 Russia Millimeter Wave RF Modules Market Forecast
10.5 Middle East & Africa Millimeter Wave RF Modules Forecast by Region (2025-2030)
10.5.1 Egypt Millimeter Wave RF Modules Market Forecast
10.5.2 South Africa Millimeter Wave RF Modules Market Forecast
10.5.3 Israel Millimeter Wave RF Modules Market Forecast
10.5.4 Turkey Millimeter Wave RF Modules Market Forecast
10.5.5 GCC Countries Millimeter Wave RF Modules Market Forecast
10.6 Global Millimeter Wave RF Modules Forecast by Type (2025-2030)
10.7 Global Millimeter Wave RF Modules Forecast by Application (2025-2030)
11 Key Players Analysis
11.1 Murata
11.1.1 Murata Company Information
11.1.2 Murata Millimeter Wave RF Modules Product Offered
11.1.3 Murata Millimeter Wave RF Modules Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Murata Main Business Overview
11.1.5 Murata Latest Developments
11.2 Fujikura
11.2.1 Fujikura Company Information
11.2.2 Fujikura Millimeter Wave RF Modules Product Offered
11.2.3 Fujikura Millimeter Wave RF Modules Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Fujikura Main Business Overview
11.2.5 Fujikura Latest Developments
11.3 Qualcomm
11.3.1 Qualcomm Company Information
11.3.2 Qualcomm Millimeter Wave RF Modules Product Offered
11.3.3 Qualcomm Millimeter Wave RF Modules Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Qualcomm Main Business Overview
11.3.5 Qualcomm Latest Developments
11.4 STMicroelectronics
11.4.1 STMicroelectronics Company Information
11.4.2 STMicroelectronics Millimeter Wave RF Modules Product Offered
11.4.3 STMicroelectronics Millimeter Wave RF Modules Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 STMicroelectronics Main Business Overview
11.4.5 STMicroelectronics Latest Developments
12 Research Findings and Conclusion
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*If Applicable.