Europe Millimeter Wave Sensors & Modules Market Size & Outlook
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Europe millimeter wave sensors & modules market highlights
- The Europe millimeter wave sensors & modules market generated a revenue of USD 21,524.5 million in 2024.
- The market is expected to grow at a CAGR of 28.5% from 2025 to 2030.
- In terms of segment, telecommunications was the largest revenue generating application in 2024.
- Military & Defense is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 21,524.5 million |
| Market revenue in 2030 | USD 100,636.3 million |
| Growth rate | 28.5% (CAGR from 2025 to 2030) |
| Largest segment | Telecommunications |
| Fastest growing segment | Military & Defense |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Telecommunications, Military & Defense, Automotive & Transport, Healthcare, Electronics & Semiconductor, Security |
Other key industry trends
- In terms of revenue, Europe region accounted for 20.9% of the global millimeter wave sensors & modules market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 186,310.6 million by 2030.
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Millimeter Wave Sensors & Modules Market Scope
Millimeter Wave Sensors & Modules Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Mistral Solutions | View profile | 501-1000 | Bangalore, Karnataka, India, Asia | http://www.mistralsolutions.com |
| Smiths Interconnect | View profile | 10001+ | Thousand Oaks, California, United States, North America | http://www.smithsinterconnect.com |
| NEC Corporation | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | http://www.nec.com |
| Eravant | View profile | 51-100 | Torrance, California, United States, North America | https://www.sagemillimeter.com/ |
| QuinStar Technology Inc. | View profile | 51-100 | Torrance, California, United States, North America | http://quinstar.com |
| Farran Technology | View profile | 51-100 | Cork, Cork, Ireland, Europe | http://www.farran.com/ |
| E-Band Communications | View profile | 11-50 | San Diego, California, United States, North America | http://www.e-band.com |
| Ceragon Networks Ltd | View profile | 1046 | 3 Uri Ariav Street, Building. A (7th Floor), PO Box 112, Rosh Ha’Ayin, Israel, 4810002 | https://www.ceragon.com |
| Aviat Networks Inc | View profile | 704 | 200 Parker Drive, Suite C100A, Austin, TX, United States, 78728 | https://www.aviatnetworks.com |
| Keysight Technologies Inc | View profile | 14900 | 1400 Fountaingrove Parkway, Santa Rosa, CA, United States, 95403-1738 | https://www.keysight.com |
Europe millimeter wave sensors & modules market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to millimeter wave sensors & modules market will help companies and investors design strategic landscapes.
Telecommunications was the largest segment with a revenue share of 58.29% in 2024. Horizon Databook has segmented the Europe millimeter wave sensors & modules market based on telecommunications, military & defense, automotive & transport, healthcare, electronics & semiconductor, security covering the revenue growth of each sub-segment from 2018 to 2030.
The Europe millimeter wave sensors & modules market is expected to witness significant growth due to the increasing demand for high-speed communication and the ongoing rollout of 5G networks across the region.
Many European countries are investing heavily in telecommunications infrastructure, which facilitates the deployment of millimeter wave technology in various applications, including automotive radar systems and advanced imaging solutions.
The rising integration of smart devices and the Internet of Things (IoT) further drives the need for enhanced connectivity solutions.
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Target buyers of Europe millimeter wave sensors & modules market databook
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Our clientele includes a mix of millimeter wave sensors & modules market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe millimeter wave sensors & modules market , including forecasts for subscribers. This continent databook contains high-level insights into Europe millimeter wave sensors & modules market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe millimeter wave sensors & modules market size, by country, 2018-2030 (US$M)
Europe Millimeter Wave Sensors & Modules Market Outlook Share, 2024 & 2030 (US$M)
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