North America Millimeter Wave Sensors & Modules Market Size & Outlook
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North America millimeter wave sensors & modules market highlights
- The North America millimeter wave sensors & modules market generated a revenue of USD 30,210.9 million in 2024.
- The market is expected to grow at a CAGR of 27.5% from 2025 to 2030.
- In terms of segment, telecommunications was the largest revenue generating application in 2024.
- Healthcare is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 30,210.9 million |
| Market revenue in 2030 | USD 134,372.3 million |
| Growth rate | 27.5% (CAGR from 2025 to 2030) |
| Largest segment | Telecommunications |
| Fastest growing segment | Healthcare |
| 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, North America region accounted for 29.3% 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 |
North America 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 56.75% in 2024. Horizon Databook has segmented the North America 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 North America millimeter wave sensors & modules market is experiencing significant growth, driven by the demand for high-speed data transmission and advanced technologies.
The region benefits from a strong telecommunications infrastructure and substantial investments in upgrading systems to support IoT applications and 5G networks. This environment fosters innovation and the development of new sensor technologies across various sectors.
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Target buyers of North America 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 North America millimeter wave sensors & modules market , including forecasts for subscribers. This continent databook contains high-level insights into North America millimeter wave sensors & modules market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America millimeter wave sensors & modules market size, by country, 2018-2030 (US$M)
North America Millimeter Wave Sensors & Modules Market Outlook Share, 2024 & 2030 (US$M)
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