|By Business Wire||
|May 19, 2014 01:30 PM EDT||
Research and Markets (http://www.researchandmarkets.com/research/2bv3r2/global_millimeter) has announced the addition of the "Global Millimeter Wave Equipment Market 2014-2018" report to their offering.
The Global Millimeter Wave Equipment market will grow at a CAGR of 61% percent over the period 2013-2018.
Millimeter wave solutions transmit signals over radio waves at wavelengths in the range of 1-10 mm. Such solutions find applications in mobile backhaul around the world. Its applications at high bandwidth have an edge over counterparts in terms of wireless broadband transmission and range. Millimeter solutions offer high data capacity and improved beam width, which enhances communications.
The Global Millimeter Wave Equipment market is driven by several factors, of which the increasing needs for high-capacity mobile backhaul solutions is one of the major drivers. There is an increase in demand for faster uploading and downloading of large files (music and video files) that are being used on a regular basis. These heavy applications require high bandwidth, creating a demand for millimeter wave technology.
The world's largest telecom markets, by subscribers, are still in the planning phase of adopting the LTE networks. The delay of deployments in China can be explained by the delay in the spectrum allocation and operators' strategy adoption of either of the two LTE types. On the other hand, operators in the Indian Telecom industry are embroiled in a number of legal, positional, and operations issues, distracting them from adopting the most efficient data technology. However, once the plans are materialized, which is expected to during the forecast period, the two gigantic markets will project huge growth for the LTE Infrastructure market. Likewise, the other emerging market will also have a huge number of adoptions, as the LTE matures and becomes time tested for such markets. Moreover, factors such as the economic slowdown were looming over the Global LTE Infrastructure market, delaying the purchase of the equipment. Given the high competition and reduction in ARPU, the operators are expected to drift the market for their own good.
Further, the report states that one of the main challenges is the range barrier in millimeter wave equipment. Millimeter wave equipment has a short range up to 3 km, depending on the weather conditions.
- BridgeWave Communications
- E-Band Communications Corp.
- Siklu Inc.
- Sub10 Systems Ltd.
Other Prominent Vendors
- Agilent Technologies Inc.
- Aviat Networks Inc.
- ECI Telecom Ltd.
- Farran Technology Ltd.
- GigaBeam Corp.
- Hittite Microwave Corp.
- Huawei Technologies Co. Ltd.
- Intracom Telecom
- K&G Spectrum Inc.
- L-3 Communications Holdings Inc.
- Lightpointe Communications Inc.
- Loea Corp.
- Microsemi Corp.
- Millimeter Wave Products Inc.
- Millitech Inc.
- Millivision Technologies
- Northrop Grumman Corp.
- Pulse-Link Inc.
- SIAE Microelettronica SpA
- Smiths Group plc
- Tensorcom Inc.
- Vubiq Inc.
- WASA Millimeter Wave AB
- Wireless Excellence Ltd.
For more information visit http://www.researchandmarkets.com/research/2bv3r2/global_millimeter
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