Overview
Millimeter-Wave Market is forecast to reach $2.3 billion by 2025, after growing at a CAGR of 19.8% during 2019-2024. The millimeter-wave frequencies of the electromagnetic spectrum are being predominantly used for applications such as radio astronomy, remote sensing, military and other applications. The booming number of small cell backhaul network deployments and mobile backhaul solutions in metros are driving the market growth. In addition to this, millimeter-wave offers a promising multi-gigabit transmission rate, cost-effective candidate for 5G backhauling, which is further anticipated to provide a boost to the millimeter-wave market growth during the forecast period.
Report Coverage
The report: “Millimeter Wave Market – Forecast (2019-2024)”, by IndustryARC, covers an in-depth analysis of the following segments of the Millimeter Wave Market.
Key Takeaways
- APAC dominates the Millimeter Wave Market attributed to the surge in the number of investments and partnerships in the telecommunication sector in this region.
- Increasing mobile traffic is prompting next-generation cellular research. In order to cater to the consumers’ data services, numerous projects are underway to integrate millimeter wave technology into the current mobile networks as a multi-band network.
- Moreover, the communication devices produced on a mass scale to handle 5G networks and meet the growing demand for faster data transfer rates, are expected to accelerate the market.
- Limited range of the millimeter-wave restrains the range to 10 meters or less, thereby obstructing the growth of the Millimeter Wave Market.
Type of Product - Segment Analysis
Telecommunication Equipment segment held the largest share in the Millimeter Wave Market in 2018. Growth in this segment is attributed to the increasing number of mobile subscribers, which has created a need for high bandwidth in the backhaul. Moreover, the shift towards 5G technology has fuelled the demand for millimeter-wave based electronics and telecommunication equipment.
Application - Segment Analysis
Millimeter-wave technology is being deployed in various applications including telecommunication, military defense, automotive transport and other industry verticals. Telecommunication is a major application estimated to grow at a CAGR of around 24.8% during the forecast period 2020-2025 accredited to the increase in demand for wireless communications. Furthermore, factors such as high demand for high bandwidth application in electronic devices and wearables, also propels the growth of millimeter wave technology forecast. High dependency on internet for media exchange, video conferencing, streaming, online gaming, and other applications has necessitated the organizations and telecom companies to shift towards the use of millimeter-wave technology.
Geography - Segment Analysis
Asia - Pacific region has dominated the Millimeter Wave Market with a share of more than 35%, followed by North America. Growth in this region is due to increasing initiatives such as investments and partnerships in the telecom sector by countries such as China, Japan and others. According to the stats by Xinhua News Agency, China is expected to invest $150 billion in its 5G networks by 2025. Moreover, Chinese operators will deploy 4.9 million 5G base stations by 2030. In 2018, Tech Mahindra and Japanese telecom company, Rakuten Mobile Network have entered into a partnership to set up 5G and 4G network labs in Tokyo and Bengaluru. Developments such as these are propelling the growth of the millimeter-wave market in the APAC region.The report covers Millimeter-Wave Market size by type and Applications, Millimeter-Wave Market share by top 5 companies and also the market share by start-ups during the forecast period.
Drivers – Millimeter Wave Market
- Technological Advancements in Communication Systems
High adoption of millimeter wave technology to provide wireless communication in smart wearable, smartphones and smartwatches have fuelled the millimeter wave market growth. Technological advances in digital networks connect a number of devices and sensors together, which ensures advances in healthcare, education, transportation, automotive, telecommunication, and other industries. In addition, an increase in demand for higher bandwidth increases the demand for new technologies such as mm-wave over fiber optic cable, which provides high data transmission at high rate.
- Increased demand from Military and Automotive Sector
There has been a surge in demand for millimeter wave technology in unmanned vehicles owing to a shift in preference of consumers from normal cars to smart cars, which assist automatic parking, braking, GPS navigation, blind spot detection collision avoidance system, and others. Hence, such benefits can be availed only with the integration of mm-wave technology. In addition, millimeter wave technology aids in the exchange of information in military and defense sector by making use of various applications such as electronic warfare, radar, tactical, and satellite communications. These factors are expected to create lucrative opportunities for the millimeter-wave technology market globally.
Challenges – Millimeter Wave Market
- Limited Network Range
One of the major challenges faced by millimeter wave market is its limited range. As per the laws of physics, the shorter the wavelength, the shorter is the transmission range for a given power. While signals at poor frequency bands can spread apart many miles, and enter more easily through rigid structures, millimeter-wave signals travel only a few miles, and do not penetrate concrete materials effectively. This challenge restrains the range to 10 meters or less, thereby hindering the growth of the global millimeter wave market.
Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the mobile VoIP market. In 2018, the market of millimeter-wave has been consolidated by the top five players accounting for around 65% of the share. Major players in the Millimeter Wave Market are Millivision Technologies, SAGE Millimeter Inc., Keysight Technologies, Vubiq Networks Inc, BridgeWave Communications, E-Band Communications, LLC, Aviat Networks, NEC Corporation and Siklu Communication Ltd. among others.
Acquisitions and Investments/Technology Launches
- In November 2019, Auspion Inc., a U.S. based millimeter wave startup, has raised $15 million in a Series A funding aiming to use the funds to complete commercialization, obtain FCC approval of its first products and add new management and engineering talent.
- In March 2019, NXP Semiconductors N.V. and Movandi Corporation have entered into a partnership to collaborate on millimeter wave (mmWave) solutions for 5G networks. The partnership will combine NXP’s digital networking and signal processing portfolio with Movandi’s innovative RF transceiver and systems architecture to deliver high-performance 5G solutions and the wireless communications infrastructure for applications such as smart homes, self-driving cars and future mobile cloud-based services.
Methylene Diphenyl Diisocyanate Market is Expected to Rise at a CAGR of 5% during 2018 – 2025 .
Reports and Data have recently published a novel report on the Global Cooling Fabrics market to provide details about ongoing and upcoming activities in the Cooling Fabrics industry.
The research report offers in-depth information about market share, market size, revenue growth, drivers, restraints, limitations, growth opportunities, and top companies in the market.Technological advancements in the textile industry are driving the implementation of technical fabrics with self-cooling properties as these help in regulating body temperature by managing moisture and heat.
Various fabric engineering companies are increasingly investing in the production of high-quality cooling fabrics that are valuable for industries, including medical, sports, and emergency services.
Advanced heat-regulating technical textiles using unique fabric construction help in assisting the natural cooling process of bodies.Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/4667Market Overview:The materials and the chemical market is rapidly expanding in terms of revenue in recent years and over the forecast period owing to increasing demand for raw materials and chemicals for various industrial applications such as paper and paint, food and beverages, healthcare and pharmaceutical, manufacturing, construction, and agriculture.
Revenue growth of the global Cooling Fabrics market is attributed to factors such as rapid industrialization and urbanization, increasing awareness about green energy, rising inclination towards eco-friendly and biodegradable products, and rising presence for packaged food.
The top 10 leading companies profiled in the report include Ahlstrom-Munksjö, Polartec, LLC, NILIT LTD, Nan Ya Plastics Corporation, COOLCORE LLC, Tex-Ray Industrial Co. Ltd., Formosa Taffeta Co., Asahi Kasei Corporation, HexArmor, and Invista.Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/4667What is the expected market size of the global Cooling Fabrics market during the forecast period?Which key factors are expected to fuel market growth throughout the forecast period?Which factors are expected to hamper the growth of the global Cooling Fabrics market between 2021 and 2028?Which application segment revenue is expected to register rapid CAGR between 2021 and 2028?Which region is expected to register the fastest revenue CAGR over the forecast period?Which leading players are operating in the global Cooling Fabrics market?What are the key outcomes of SWOT analysis and Porter’s Five Force model?Textile Type Outlook (Revenue, USD Billion; Volume, Million Square Meters, 2018-2028)KnittedWovenNonwovenType Outlook (Revenue, USD Billion; Volume, Million Square Meters, 2018-2028)SyntheticNaturalApplication Outlook (Revenue, USD Billion; Volume, Million Square Meters, 2018-2028)LifestyleSports ApparelProtective WearingOthersTo know more about the report @ https://www.reportsanddata.com/report-detail/cooling-fabrics-marketCooling Fabrics Market Segmentation Based on Regions:North AmericaThe U.S.CanadaMexicoEuropeGermanyThe U.K.ItalyFranceBENELUXRest of EuropeAsia PacificChinaIndiaJapanSouth KoreaRest of APACLatin AmericaBrazilRest of LATAMMiddle East & AfricaSaudi ArabiaU.A.E.South AfricaRest of MEARequest customization of the report @ https://www.reportsanddata.com/request-customization-form/4667Thank you for reading our research report.
According to the new market research report by IndustryARC, “Field Programmable Gate Array (FPGA) Market - By Technology (SRAM, ANTIFUSE, EPROM, EEPROM); By Memory (Distributed Memory, Block Memory); By Applications (Industrial, Medical, Communications, Aerospace & Defense) & Geography- Forecast (2018-2023)”, the market is estimated to grow at 5.7% CAGR to reach $6.68 billion by 2023.
APAC continues to lead the market share and growth during 2018-2023Asia-Pacific held a major share in global Field Programmable Gate Array Market followed by Americas and Europe region.
APAC FPGA market accounts for over 35% of the total industry share.
Growing demand from automotive production in China, India, and Japan will spur the market growth further.
Rising smartphone adoption combined with replacement of ASICs with FPGAs for this product will drive the market.
Selected Type of Value Chain Analysis done in the full Report:Value chain analysis is a useful tool to analyze the activities that include analysis of FPGA design, software and hardware procurement, testing and offering of FPGA devices to end-user industries.
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
Bioanalytical Testing Services Market Size – USD 1.80 Billion in 2020, Market Growth – at a CAGR of 11.5%, Market Trend – Growing adoption of advanced technologies in bioanalytical testing servicesGlobal Bioanalytical Testing Services Market Research Report and Forecast to 2027 is an investigative report providing an extensive study of the global Bioanalytical Testing Service market with regards to market size, market share, current and emerging trends, and latest technological developments.
The report also sheds light on the competitive landscape of the Bioanalytical Testing Services market on the global and regional scale, along with a thorough forecast estimation to 2028.
The new report is updated with the impact of the COVID-19 pandemic on the Bioanalytical Testing Services market.
It analyzes the impact of the pandemic with regards to economic landscape and government regulations in each region.
It also studies the supply chain disruptions and economic volatility induced by the pandemic and offers a current and future assessment of the impact of the pandemic on the global and regional Bioanalytical Testing Services market.Obtain all-inclusive information@ https://www.emergenresearch.com/industry-report/bioanalytical-testing-services-marketThe report further explores the key business players along with their in-depth profiling, product catalog, and strategic business decisions.
The key players studied in the report are Charles River Laboratories, Medpace, Inc., Wuxi AppTec, IQVIA, Inc, SGS SA, Laboratory Corporation of America Holdings, Intertek Group plc, PRA Health Sciences, Syneos Health, and Frontage Laboratories, Inc.Bioanalytical Testing Services Market Segmentation based on Application: Type Outlook (Revenue, USD Billion; 2018–2028)Cell-based AssaysVirology TestingMethod Development Optimization and ValidationSerology Immunogenicity and Neutralizing AntibodiesPharmacokinetic TestingBiomarker TestingOthersApplication Outlook (Revenue, USD Billion; 2018–2028)NeurologyOncologyInfectious DiseasesCardiologyGastroenterologyOthersEnd-Use Outlook (Revenue, USD Billion; 2018–2028)Biopharmaceutical and Pharmaceutical CompaniesContract Development and Manufacturing OrganizationsContract Research OrganizationsRegional Outlook (Revenue: USD Billion; 2018–2028)North AmericaS.CanadaMexico Request a discount on the report @ https://www.emergenresearch.com/request-discount/602Regional Bifurcation of the Bioanalytical Testing Services Market Includes:North America (U.S., Canada)Europe (U.K., Italy, Germany, France, Rest of EU)Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)Latin America (Chile, Brazil, Argentina, Rest of Latin America)Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)The report aims to provide a complete analysis of the global Bioanalytical Testing Services market with important details about the key market players from insightful primary and secondary research data.
Description:- Global mHealth Solutions market was valued approximately USD 21.5 billion in 2016, is anticipated to grow at a CAGR of 28.3% during forecasted period.
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Among the products segments, the global m Health Solution Market is dominated by connected medical device.
The market growth can be attributed to rising medical tourism and technological advancement in healthcare IT.
In 2016, the market is dominated by North America region with a revenue share of approximately 38%.The region has witnessed huge penetration of smart phones, superior healthcare infrastructure and higher awareness levels.
Rising geriatric population and various government norms supporting the development healthcare industry in the region is also fuelling the market growth over the forecast period.
