South Korea Millimeter Wave Sensors & Modules Market Size & Outlook
The millimeter wave sensors & modules market in South Korea is expected to reach a projected revenue of US$ 8,384.0 million by 2030. A compound annual growth rate of 35.3% is expected of South Korea millimeter wave sensors & modules market from 2025 to 2030.
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- Industrial Automation & Frontier Technologies
- Millimeter Wave Sensors & Modules Market Outlook
- Industrial Automation & Frontier Technologies
Revenue, 2024 (US$M)
$1,314.5
Forecast, 2030 (US$M)
$8,384.0
CAGR, 2025 - 2030
35.3%
Report Coverage
South Korea
Global Market
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South Korea millimeter wave sensors & modules market highlights
- The South Korea millimeter wave sensors & modules market generated a revenue of USD 1,314.5 million in 2024 and is expected to reach USD 8,384.0 million by 2030.
- The South Korea market is expected to grow at a CAGR of 35.3% 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.
Millimeter wave sensors & modules market data book summary
| Market revenue in 2024 | USD 1,314.5 million |
| Market revenue in 2030 | USD 8,384.0 million |
| Growth rate | 35.3% (CAGR from 2025 to 2030) |
| Largest segment | Telecommunications |
| Fastest growing segment | Military & Defense |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 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, South Korea accounted for 1.3% of the global millimeter wave sensors & modules market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China millimeter wave sensors & modules market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 42,924.3 million by 2030.
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Publish Date: Apr 02, 2025
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Millimeter Wave Sensors & Modules Market Scope
Millimeter Wave Sensors & Modules Market segmentation & scope
Millimeter Wave Sensors Modules Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Keysight Technologies Inc | View profile | 14,900 | 1400 Fountaingrove Parkway, Santa Rosa, CA, United States, 95403-1738 | www.keysight.com |
| Aviat Networks Inc | View profile | 704 | 200 Parker Drive, Suite C100A, Austin, TX, United States, 78728 | www.aviatnetworks.com |
| Ceragon Networks Ltd | View profile | 1,046 | 3 Uri Ariav Street, Building. A (7th Floor), PO Box 112, Rosh Ha’Ayin, Israel, 4810002 | www.ceragon.com |
| E-Band Communications | View profile | 11-50 | San Diego, California, United States, North America | www.e-band.com |
| Farran Technology | View profile | 51-100 | Cork, Cork, Ireland, Europe | www.farran.com/ |
| QuinStar Technology Inc. | View profile | 51-100 | Torrance, California, United States, North America | quinstar.com |
| Eravant | View profile | 51-100 | Torrance, California, United States, North America | www.sagemillimeter.com/ |
| NEC Corporation | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | www.nec.com |
| Smiths Interconnect | View profile | 10001+ | Thousand Oaks, California, United States, North America | www.smithsinterconnect.com |
| Mistral Solutions | View profile | 501-1000 | Bangalore, Karnataka, India, Asia | www.mistralsolutions.com |
South Korea 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 Outlook will help companies and investors design strategic landscapes.
Telecommunications was the largest segment with a revenue share of 87.96% in 2024.
Horizon Databook has segmented the South Korea 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.
- South Korea Millimeter Wave Sensors & Modules Market Application Outlook (Revenue, USD Million , 2018-2030)
- Telecommunications
- Military & Defense
- Automotive & Transport
- Healthcare
- Electronics & Semiconductor
- Security
- South Korea Millimeter Wave Sensors & Modules Market Frequency Band Outlook (Revenue, USD Million , 2018-2030)
- V-Band
- E-Band
- Other Frequency Bands
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Millimeter Wave Sensors & Modules Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Millimeter Wave Sensors & Modules Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Korea Millimeter Wave Sensors Modules Market, 2018-2030 (US$M)
South Korea millimeter wave sensors & modules market statistics, by application, 2018-2030 (US$M)
