Who are the key players in Asia-Pacific Millimeter Wave Technology Market industry?

The top five players in the Asia-Pacific Millimeter Wave Technology Market are NEC Corporation, Samsung Electronics, Keysight Technologies, Rohde & Schwarz, and NTT Docomo. These companies lead in millimeter wave innovations, product development, and advanced solutions for telecommunications, automotive radar, and security applications across the region.

Which segment accounted for the largest Asia-Pacific Millimeter Wave Technology Market share?

The telecommunications segment held the largest share of the Asia-Pacific Millimeter Wave Technology Market, driven by the rollout of 5G networks and increasing demand for high-speed wireless connectivity. This application is crucial for meeting data transmission needs in densely populated urban and industrial areas.

What are the factors driving the Asia-Pacific Millimeter Wave Technology Market?

A key driver for the market is the expanding deployment of 5G networks and the need for increased bandwidth. Companies like Huawei are actively rolling out millimeter wave-enabled 5G base stations, enabling faster data speeds and improved network reliability, which are propelling market growth.

Which type accounted for the largest Asia-Pacific Millimeter Wave Technology Market share?

In terms of type, the 24 GHz to 57 GHz frequency band segment accounted for the largest market share, as it is widely used for telecom backhaul, wireless communication, and radar applications in the region. This frequency range offers optimal trade-offs between performance, range, and regulatory ease.

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Asia-Pacific Millimeter Wave Technology Market Size & Share Analysis - Growth Trends and Forecast (2026 - 2035)

Name: Asia-Pacific Millimeter Wave Technology Market
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Asia-Pacific Millimeter Wave Technology Market Market: by Type (Telecommunication Equipment, Imaging & Scanning Systems, Radar & Satellite Communication Systems, Others), Application (Telecommunications, Automotive & Transport, Healthcare, Electronics & Semiconductor, Security, Others), Distribution Channels (Direct Sales, Distributors, Online Retail, Wholesalers, Value-Added Resellers, Others), Technology (RF Millimeter Wave, Millimeter Wave Sensors, Networking & Communication Devices, Imaging Devices, Others), Organization Size (Small, Medium, Large) and By Asia-Pacific Historical & Forecast Period (2020-2035) Comprehensive Study 2025

Last Updated: 23-07-2025 | Format: PDF | Report ID:11785 | Author: Ankit

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Asia-Pacific Millimeter Wave Technology Market (2020-2035): Size, Share, Trends, Forecast & Opportunity Analysis 2025

The Asia-Pacific millimeter wave technology market is poised for robust growth driven by high-speed data transmission demands, 5G expansion, and adoption across various sectors such as telecommunications, automotive, and healthcare. Advancements in device miniaturization, improved frequency spectrum utilization, and increasing investments from governments and industry leaders are accelerating market traction. Key market players are focusing on innovative solutions, strategic partnerships, and expanding regional presence to solidify their market positions.

Latest Market Dynamics

Key Drivers

Widespread 5G network rollouts are propelling adoption of millimeter wave technology for ultra-fast connectivity. For example, Samsung Electronics' successful commercial mmWave 5G deployments in Japan and South Korea are setting new standards for speed and capacity.

Telecom operators are rapidly investing in mmWave-enabled infrastructure to boost urban network capacities, with Huawei Technologies rolling out large-scale 5G mmWave trials in China and Singapore.
Healthcare applications for mmWave imaging and sensing are expanding. NEC Corporation has unveiled innovative non-invasive mmWave sensors for patient monitoring and safety, reflecting a new critical trend.

High infrastructure costs for widespread mmWave deployment limit quick adoption, particularly in developing countries. Mitsubishi Electric is piloting cost-reduction solutions, but scale remains challenging.
Technical issues such as signal attenuation in adverse weather and through obstacles present persistent barriers. Anritsu Corporation is innovating in robust mmWave device design, but environmental limitations persist.

Regulatory harmonization across Asia-Pacific remains an obstacle, with varied frequency allocation policies delaying uniform implementation. Ericsson is working with APAC regulators to address these disparities.
Short communication range and line-of-sight requirements for mmWave technologies continue to limit their utility in densely populated urban environments despite ongoing efforts from Rohde & Schwarz to develop adaptive beamforming solutions.

Telecommunication equipment dominates the Asia-Pacific millimeter wave technology market, commanding the largest share due to escalating 5G deployments and increasing consumer demand for high-speed wireless services. Imaging & scanning systems and radar & satellite communication systems follow closely, underpinned by innovation in security, healthcare, and aerospace applications. RF components and networking devices are also gaining traction as foundational building blocks for scalable mmWave solutions across diverse sectors. The market distribution by type reflects both the early adoption of mmWave in telecommunications and accelerating diversification into non-traditional domains.

Telecommunications continues to account for the largest market share of millimeter wave technology applications in Asia-Pacific, buoyed by the exponential 5G rollout, fiber backhaul requirements, and network densification initiatives. The automotive and transport sector is rapidly growing, leveraging mmWave sensors for advanced safety and vehicle automation. Healthcare and electronics & semiconductors form a significant portion owing to rising adoption for secure medical scanning and high-frequency communication components, respectively. Security and other applications are steadily capturing share on the back of technological convergence and multi-industry requirements.

The Asia-Pacific millimeter wave technology market revenue is forecasted to grow at a strong CAGR over the period 2020-2035, rising from $384 million in 2020 to more than $3,210 million by 2035. 5G network acceleration, adoption in verticals like healthcare and automotive, and escalating investments in R&D have led to a multi-fold increase in market size. The most notable revenue surge is expected post-2025 as advanced mmWave solutions become mainstream, backed by favorable regulations and continuous technology innovation from major industry players.

Year-over-year (YOY) growth in the Asia-Pacific millimeter wave technology market is projected to peak during 2025-2030 due to the converging effects of major 5G deployments, new regulatory approvals, and rapid uptake across high-potential sectors. YOY growth gradually moderates beyond 2030 as the industry matures and saturation increases. The period also marks a shift from telecom-centered growth to broader application-driven demand, emphasizing R&D and next-gen product launches.

China leads the Asia-Pacific millimeter wave technology market by a broad margin, owing to robust 5G infrastructure development, aggressive government initiatives, and early adopter status of mmWave technologies. Japan and South Korea follow, benefiting from advanced R&D ecosystems and rapid commercial deployments in telecommunications and automotive sectors. India is emerging as a key growth engine, while markets like Singapore and Australia are witnessing steady expansion due to supportive regulatory landscapes and tech-driven economies.

The Asia-Pacific millimeter wave technology market in 2025 remains moderately fragmented, with Samsung Electronics holding the leading share due to spectrum of mmWave solution deployments across telecom and automotive. NEC Corporation, Huawei Technologies, and Keysight Technologies follow, benefiting from their diversified product portfolios and partnerships with regional operators. ZTE and Fujitsu are rapidly gaining ground with competitive offerings and increased participation in public-private innovation programs.

Telecommunication companies are the principal buyers of millimeter wave technology in Asia-Pacific, accounting for the largest segment driven by 5G expansion and network transformation projects. Automotive OEMs and system integrators comprise an increasing share due to rising demand for mmWave radar and sensor solutions. Healthcare institutions are emerging buyers, propelled by adoption of non-invasive imaging and real-time monitoring solutions, while other segments include government agencies and enterprise IT firms.

Metrics	Details
Years	2020-2035
Base Year	2025
Market Size	USD Million
Regions	China, India, Japan, Taiwan, Vietnam, Philippines, Singapore, Australia, South Korea, Rest of APAC
Segments	By Type (Telecommunication Equipment, Imaging & Scanning Systems, Radar & Satellite Communication Systems, RF Components, Networking & Communication Devices, Others); By Application (Telecommunications, Automotive & Transport, Healthcare, Electronics & Semiconductor, Security, Others); By Distribution Channels (Direct Sales, Distributors, Online Retail, Wholesalers, Value-Added Resellers, Others); By Technology (RF Millimeter Wave, Millimeter Wave Sensors, Networking & Communication Devices, Imaging Devices, Antenna Technology, Others); By Organization Size (Small, Medium, Large)
Players	Keysight Technologies, NEC Corporation, Samsung Electronics, Fujitsu, NTT DOCOMO, Rohde & Schwarz, Huawei Technologies, Ericsson, ZTE Corporation, Anritsu Corporation, Panasonic Corporation, Mitsubishi Electric Corporation, Murata Manufacturing Co., Ltd., Renesas Electronics Corporation, Sumitomo Electric Industries

June 2024 – NEC Corporation launched a new mmWave-based medical sensing platform for remote diagnostics in Japan.
July 2024 – Samsung Electronics completed a commercial rollout of 5G mmWave small cells across metro cities in South Korea.
August 2024 – ZTE Corporation announced a strategic partnership with Indian telecom operators to pilot mmWave infrastructure for next-gen broadband.
September 2024 – Huawei Technologies demonstrated record data transmission rates using mmWave spectrum for 6G readiness trials in Singapore.
October 2024 – Keysight Technologies expanded its mmWave component testing services with a new facility in Taiwan to support semiconductor clients.

About the Author

Ankit

Senior Research Consultant

Ankit is a Senior Research Consultant specializing in market research, industry analysis, and business consulting across Semiconductor & Electronics. Ankit brings a commercially grounded perspective to sectors shaped by changing demand, innovation, and competitive dynamics, helping turn complex market trends into clear strategic insights for business decision-makers. With 10+ years of experience across research, analytics, and strategic advisory roles, Ankit has helped organizations translate data into actionable growth strategies.

Semiconductor & ElectronicsMarket ResearchIndustry AnalysisStrategic Consulting

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Asia-Pacific Millimeter Wave Technology Market Size & Share Analysis - Growth Trends and Forecast (2026 - 2035)

Asia-Pacific Millimeter Wave Technology Market (2020-2035): Size, Share, Trends, Forecast & Opportunity Analysis 2025

Latest Market Dynamics

Key Drivers

Key Trends

Key Opportunities

Key Challenges

Key Restraints

Asia-Pacific Millimeter Wave Technology Market Share by Type (2025)

Asia-Pacific Millimeter Wave Technology Market Share by Application (2025)

Asia-Pacific Millimeter Wave Technology Market Revenue (USD Million) 2020-2035

Asia-Pacific Millimeter Wave Technology Market Year-over-Year Growth (%) 2020-2035

Asia-Pacific Millimeter Wave Technology Market Regional Share (2025)

Asia-Pacific Millimeter Wave Technology Market Player Share (2025)

Asia-Pacific Millimeter Wave Technology Market Buyer Share (2025)

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