Industry revenue for Millimeter Wave Scanner is estimated to rise to $9.5 billion by 2035 from $4.1 billion of 2024. U.S., China, and Germany are the top 3 markets and followed by Japan and UK. These major five combinely holds substantial demand share and compounded annual sales growth of market players in these countries are expected to range between 5.1% and 7.6% annually for period 2025 to 2035.
Industry Leadership and Strategies
North America and Europe are the two most active and leading regions in the market. With challenges like high implementation cost and privacy concerns, Millimeter Wave Scanner market’s supply chain from raw material procurement / component manufacturing / scanner assembly to distribution end users, is expected to evolve expand further. Companies such as Thruvision Group, Rohde Schwarz, Smiths Detection, Nuctech, Leidos, Riken Keiki, L3 Technologies, Autoclear, Astrophysics, Rapiscan Systems, Braun Co. Limited and Optosecurity are well placed in the market.
Industry Opportunities
Expansion into Industrial Quality Control: Millimeter wave scanners are commonly used in airports for security purposes. Also hold great potential as valuable tools for quality control in industries such as automotive and electronics manufacturing that depend on accurate assembly and inspections. They offer destructive scanning with high resolution capabilities that can significantly improve the detection of defects, in manufactured parts hence enhancing product quality and minimizing waste.
Integration in the Healthcare Industry: The healthcare sector offers an relatively uncharted field for millimeter wave scanners to explore further possibilities. Their minimal radiation features have the potential to transform imaging by providing a safer and less intrusive option compared to conventional scanning devices. Besides imaging applications this technology could also be beneficial in physiotherapy for relieving muscle discomfort introducing an intriguing avenue, for development.
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