The Latin America, Middle East and Africa Millimeter Wave Sensors and Modules Market would witness market growth of 14.3% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Millimeter Wave Sensors and Modules Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,937.6 million by 2031. The Argentina market is showcasing a CAGR of 15.8% during (2024 - 2031). Additionally, The UAE market is registering a CAGR of 13.4% during (2024 - 2031).
The media and entertainment industry also leverages mmWave technology for ultra-high-definition streaming, augmented reality (AR), and virtual reality (VR). mmWave modules revolutionize the production, distribution, and consumption of content by facilitating quicker data transfer and reduced latency. For example, live event broadcasting in Los Angeles utilizes mmWave technology to deliver immersive viewing experiences, bringing events closer to audiences worldwide.
The integration of millimeter wave sensors with AI and machine learning (ML) is further driving innovation across industries by enhancing data analysis, object detection, and pattern recognition. In the automotive industry, AI-powered mmWave sensors are essential for driverless vehicles and ADAS. Similarly, AI-enhanced mmWave sensors enable high-resolution imaging and non-invasive diagnostics in healthcare.
The LAMEA region is witnessing a growing demand for millimeter wave (mmWave) sensors and modules, driven by advancements in telecommunications, smart infrastructure development, and defense applications. Countries in the region are investing in mmWave technology to support critical operations in remote and challenging environments, such as oil fields, deserts, and industrial plants. Chile is adopting mmWave technology through its commitment to smart city initiatives and renewable energy projects under the Plan Nacional de Energía 2050 (National Energy Plan 2050). mmWave sensors are used for resource optimization and monitoring in energy and transportation systems. Chile’s growing focus on autonomous transportation and industrial automation drives the demand for mmWave modules, positioning the nation as a leader in technological adoption in Latin America. Thus, the region will present lucrative growth opportunities for the market throughout the forecast period.
Free Valuable Insights: The Worldwide Millimeter Wave Sensors and Modules Market is Projected to reach USD 677.49 Million by 2031, at a CAGR of 29.8%
Based on Frequency Band, the market is segmented into E-Band, V-Band, and Other Frequency Band. Based on Application, the market is segmented into Telecommunications, Security, Military & Defense, Automotive & Transport, Electronics & Semiconductor, and Other Application. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Texas Instruments, Inc.
- NEC Corporation
- Keysight Technologies, Inc.
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- MediaTek, Inc.
- Infineon Technologies AG
- Smiths Group PLC
- Eravant, Inc.
- Mistral Solutions Pvt. Ltd. (Axicades Technologies)
- QuinStar Technology, Inc.
LAMEA Millimeter Wave Sensors and Modules Market Report Segmentation
By Frequency Band
- E-Band
- V-Band
- Other Frequency Band
By Application
- Telecommunications
- Security
- Military & Defense
- Automotive & Transport
- Electronics & Semiconductor
- Other Application
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Millimeter Wave Sensors and Modules Market, by Frequency Band
1.4.2 LAMEA Millimeter Wave Sensors and Modules Market, by Application
1.4.3 LAMEA Millimeter Wave Sensors and Modules Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2023
4.2 Porter Five Forces Analysis
Chapter 5. LAMEA Millimeter Wave Sensors and Modules Market by Frequency Band
5.1 LAMEA E-Band Market by Country
5.2 LAMEA V-Band Market by Country
5.3 LAMEA Other Frequency Band Market by Country
Chapter 6. LAMEA Millimeter Wave Sensors and Modules Market by Application
6.1 LAMEA Telecommunications Market by Country
6.2 LAMEA Security Market by Country
6.3 LAMEA Military & Defense Market by Country
6.4 LAMEA Automotive & Transport Market by Country
6.5 LAMEA Electronics & Semiconductor Market by Country
6.6 LAMEA Other Application Market by Country
Chapter 7. LAMEA Millimeter Wave Sensors and Modules Market by Country
7.1 Brazil Millimeter Wave Sensors and Modules Market
7.1.1 Brazil Millimeter Wave Sensors and Modules Market by Frequency Band
7.1.2 Brazil Millimeter Wave Sensors and Modules Market by Application
7.2 Argentina Millimeter Wave Sensors and Modules Market
7.2.1 Argentina Millimeter Wave Sensors and Modules Market by Frequency Band
7.2.2 Argentina Millimeter Wave Sensors and Modules Market by Application
7.3 UAE Millimeter Wave Sensors and Modules Market
7.3.1 UAE Millimeter Wave Sensors and Modules Market by Frequency Band
7.3.2 UAE Millimeter Wave Sensors and Modules Market by Application
7.4 Saudi Arabia Millimeter Wave Sensors and Modules Market
7.4.1 Saudi Arabia Millimeter Wave Sensors and Modules Market by Frequency Band
7.4.2 Saudi Arabia Millimeter Wave Sensors and Modules Market by Application
7.5 South Africa Millimeter Wave Sensors and Modules Market
7.5.1 South Africa Millimeter Wave Sensors and Modules Market by Frequency Band
7.5.2 South Africa Millimeter Wave Sensors and Modules Market by Application
7.6 Nigeria Millimeter Wave Sensors and Modules Market
7.6.1 Nigeria Millimeter Wave Sensors and Modules Market by Frequency Band
7.6.2 Nigeria Millimeter Wave Sensors and Modules Market by Application
7.7 Rest of LAMEA Millimeter Wave Sensors and Modules Market
7.7.1 Rest of LAMEA Millimeter Wave Sensors and Modules Market by Frequency Band
7.7.2 Rest of LAMEA Millimeter Wave Sensors and Modules Market by Application
Chapter 8. Company Profiles
8.1 Texas Instruments, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 NEC Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 SWOT Analysis
8.3 Keysight Technologies, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Qualcomm Incorporated (Qualcomm Technologies, Inc.)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Product Launches and Product Expansions:
8.4.6 SWOT Analysis
8.5 MediaTek, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 SWOT Analysis
8.6 Infineon Technologies AG
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 SWOT Analysis
8.7 Smiths Group PLC
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 SWOT Analysis
8.8 Eravant, Inc.
8.8.1 Company Overview
8.9 Mistral Solutions Pvt. Ltd. (Axicades Technologies)
8.9.1 Company Overview
8.10. QuinStar Technology, Inc.
8.10.1 Company Overview
TABLE 1 LAMEA Millimeter Wave Sensors and Modules Market, 2020 - 2023, USD Thousands
TABLE 2 LAMEA Millimeter Wave Sensors and Modules Market, 2024 - 2031, USD Thousands
TABLE 3 LAMEA Millimeter Wave Sensors and Modules Market by Frequency Band, 2020 - 2023, USD Thousands
TABLE 4 LAMEA Millimeter Wave Sensors and Modules Market by Frequency Band, 2024 - 2031, USD Thousands
TABLE 5 LAMEA E-Band Market by Country, 2020 - 2023, USD Thousands
TABLE 6 LAMEA E-Band Market by Country, 2024 - 2031, USD Thousands
TABLE 7 LAMEA V-Band Market by Country, 2020 - 2023, USD Thousands
TABLE 8 LAMEA V-Band Market by Country, 2024 - 2031, USD Thousands
TABLE 9 LAMEA Other Frequency Band Market by Country, 2020 - 2023, USD Thousands
TABLE 10 LAMEA Other Frequency Band Market by Country, 2024 - 2031, USD Thousands
TABLE 11 LAMEA Millimeter Wave Sensors and Modules Market by Application, 2020 - 2023, USD Thousands
TABLE 12 LAMEA Millimeter Wave Sensors and Modules Market by Application, 2024 - 2031, USD Thousands
TABLE 13 LAMEA Telecommunications Market by Country, 2020 - 2023, USD Thousands
TABLE 14 LAMEA Telecommunications Market by Country, 2024 - 2031, USD Thousands
TABLE 15 LAMEA Security Market by Country, 2020 - 2023, USD Thousands
TABLE 16 LAMEA Security Market by Country, 2024 - 2031, USD Thousands
TABLE 17 LAMEA Military & Defense Market by Country, 2020 - 2023, USD Thousands
TABLE 18 LAMEA Military & Defense Market by Country, 2024 - 2031, USD Thousands
TABLE 19 LAMEA Automotive & Transport Market by Country, 2020 - 2023, USD Thousands
TABLE 20 LAMEA Automotive & Transport Market by Country, 2024 - 2031, USD Thousands
TABLE 21 LAMEA Electronics & Semiconductor Market by Country, 2020 - 2023, USD Thousands
TABLE 22 LAMEA Electronics & Semiconductor Market by Country, 2024 - 2031, USD Thousands
TABLE 23 LAMEA Other Application Market by Country, 2020 - 2023, USD Thousands
TABLE 24 LAMEA Other Application Market by Country, 2024 - 2031, USD Thousands
TABLE 25 LAMEA Millimeter Wave Sensors and Modules Market by Country, 2020 - 2023, USD Thousands
TABLE 26 LAMEA Millimeter Wave Sensors and Modules Market by Country, 2024 - 2031, USD Thousands
TABLE 27 Brazil Millimeter Wave Sensors and Modules Market, 2020 - 2023, USD Thousands
TABLE 28 Brazil Millimeter Wave Sensors and Modules Market, 2024 - 2031, USD Thousands
TABLE 29 Brazil Millimeter Wave Sensors and Modules Market by Frequency Band, 2020 - 2023, USD Thousands
TABLE 30 Brazil Millimeter Wave Sensors and Modules Market by Frequency Band, 2024 - 2031, USD Thousands
TABLE 31 Brazil Millimeter Wave Sensors and Modules Market by Application, 2020 - 2023, USD Thousands
TABLE 32 Brazil Millimeter Wave Sensors and Modules Market by Application, 2024 - 2031, USD Thousands
TABLE 33 Argentina Millimeter Wave Sensors and Modules Market, 2020 - 2023, USD Thousands
TABLE 34 Argentina Millimeter Wave Sensors and Modules Market, 2024 - 2031, USD Thousands
TABLE 35 Argentina Millimeter Wave Sensors and Modules Market by Frequency Band, 2020 - 2023, USD Thousands
TABLE 36 Argentina Millimeter Wave Sensors and Modules Market by Frequency Band, 2024 - 2031, USD Thousands
TABLE 37 Argentina Millimeter Wave Sensors and Modules Market by Application, 2020 - 2023, USD Thousands
TABLE 38 Argentina Millimeter Wave Sensors and Modules Market by Application, 2024 - 2031, USD Thousands
TABLE 39 UAE Millimeter Wave Sensors and Modules Market, 2020 - 2023, USD Thousands
TABLE 40 UAE Millimeter Wave Sensors and Modules Market, 2024 - 2031, USD Thousands
TABLE 41 UAE Millimeter Wave Sensors and Modules Market by Frequency Band, 2020 - 2023, USD Thousands
TABLE 42 UAE Millimeter Wave Sensors and Modules Market by Frequency Band, 2024 - 2031, USD Thousands
TABLE 43 UAE Millimeter Wave Sensors and Modules Market by Application, 2020 - 2023, USD Thousands
TABLE 44 UAE Millimeter Wave Sensors and Modules Market by Application, 2024 - 2031, USD Thousands
TABLE 45 Saudi Arabia Millimeter Wave Sensors and Modules Market, 2020 - 2023, USD Thousands
TABLE 46 Saudi Arabia Millimeter Wave Sensors and Modules Market, 2024 - 2031, USD Thousands
TABLE 47 Saudi Arabia Millimeter Wave Sensors and Modules Market by Frequency Band, 2020 - 2023, USD Thousands
TABLE 48 Saudi Arabia Millimeter Wave Sensors and Modules Market by Frequency Band, 2024 - 2031, USD Thousands
TABLE 49 Saudi Arabia Millimeter Wave Sensors and Modules Market by Application, 2020 - 2023, USD Thousands
TABLE 50 Saudi Arabia Millimeter Wave Sensors and Modules Market by Application, 2024 - 2031, USD Thousands
TABLE 51 South Africa Millimeter Wave Sensors and Modules Market, 2020 - 2023, USD Thousands
TABLE 52 South Africa Millimeter Wave Sensors and Modules Market, 2024 - 2031, USD Thousands
TABLE 53 South Africa Millimeter Wave Sensors and Modules Market by Frequency Band, 2020 - 2023, USD Thousands
TABLE 54 South Africa Millimeter Wave Sensors and Modules Market by Frequency Band, 2024 - 2031, USD Thousands
TABLE 55 South Africa Millimeter Wave Sensors and Modules Market by Application, 2020 - 2023, USD Thousands
TABLE 56 South Africa Millimeter Wave Sensors and Modules Market by Application, 2024 - 2031, USD Thousands
TABLE 57 Nigeria Millimeter Wave Sensors and Modules Market, 2020 - 2023, USD Thousands
TABLE 58 Nigeria Millimeter Wave Sensors and Modules Market, 2024 - 2031, USD Thousands
TABLE 59 Nigeria Millimeter Wave Sensors and Modules Market by Frequency Band, 2020 - 2023, USD Thousands
TABLE 60 Nigeria Millimeter Wave Sensors and Modules Market by Frequency Band, 2024 - 2031, USD Thousands
TABLE 61 Nigeria Millimeter Wave Sensors and Modules Market by Application, 2020 - 2023, USD Thousands
TABLE 62 Nigeria Millimeter Wave Sensors and Modules Market by Application, 2024 - 2031, USD Thousands
TABLE 63 Rest of LAMEA Millimeter Wave Sensors and Modules Market, 2020 - 2023, USD Thousands
TABLE 64 Rest of LAMEA Millimeter Wave Sensors and Modules Market, 2024 - 2031, USD Thousands
TABLE 65 Rest of LAMEA Millimeter Wave Sensors and Modules Market by Frequency Band, 2020 - 2023, USD Thousands
TABLE 66 Rest of LAMEA Millimeter Wave Sensors and Modules Market by Frequency Band, 2024 - 2031, USD Thousands
TABLE 67 Rest of LAMEA Millimeter Wave Sensors and Modules Market by Application, 2020 - 2023, USD Thousands
TABLE 68 Rest of LAMEA Millimeter Wave Sensors and Modules Market by Application, 2024 - 2031, USD Thousands
TABLE 69 Key Information – Texas Instruments, Inc.
TABLE 70 KEY INFORMATION – NEC Corporation
TABLE 71 Key Information – Keysight Technologies, Inc.
TABLE 72 Key Information – Qualcomm Incorporated
TABLE 73 Key Information – MediaTek, Inc.
TABLE 74 Key Information – Infineon Technologies AG
TABLE 75 Key Information – Smiths Group PLC
TABLE 76 Key Information – Eravant, Inc.
TABLE 77 Key Information – Mistral Solutions Pvt. Ltd. (Axicades Technologies)
TABLE 78 Key Information – QuinStar Technology, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Millimeter Wave Sensors and Modules Market, 2020 - 2031, USD Thousands
FIG 3 Key Factors Impacting Millimeter Wave Sensors and Modules Market
FIG 4 Market Share Analysis, 2023
FIG 5 Porter’s Five Forces Analysis – Millimeter Wave Sensors and Modules Market
FIG 6 LAMEA Millimeter Wave Sensors and Modules Market share by Frequency Band, 2023
FIG 7 LAMEA Millimeter Wave Sensors and Modules Market share by Frequency Band, 2031
FIG 8 LAMEA Millimeter Wave Sensors and Modules Market by Frequency Band, 2020 - 2031, USD Thousands
FIG 9 LAMEA Millimeter Wave Sensors and Modules Market share by Application, 2023
FIG 10 LAMEA Millimeter Wave Sensors and Modules Market share by Application, 2031
FIG 11 LAMEA Millimeter Wave Sensors and Modules Market by Application, 2020 - 2031, USD Thousands
FIG 12 LAMEA Millimeter Wave Sensors and Modules Market share by Country, 2023
FIG 13 LAMEA Millimeter Wave Sensors and Modules Market share by Country, 2031
FIG 14 LAMEA Millimeter Wave Sensors and Modules Market by Country, 2020 - 2031, USD Thousands
FIG 15 SWOT Analysis: Texas Instruments, Inc.
FIG 16 SWOT Analysis: NEC Corporation
FIG 17 SWOT Analysis: Keysight Technologies, Inc.
FIG 18 SWOT Analysis: QUALCOMM Incorporated
FIG 19 SWOT Analysis: MediaTek, Inc.
FIG 20 SWOT Analysis: Infineon Technologies AG
FIG 21 SWOT Analysis: Smiths Group plc