Microwave Devices Market by Frequency Type (Ka-band, L-band, S-band), by Type (Passive Microwave Components and Active Microwave Components), by Application Type (Space, Defence), by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America,) – Global Forecast (2019 to 2027)

MICROWAVE DEVICES MARKET: Summary

The Global Microwave Devices Market is projected to reach a value of over USD 10.1 billion by 2027 at a CAGR of around 6.6%.

Microwave devices are subtype of electronic devices that are used for wireless transmission of signals such as transistors and diodes. It is also known as micro kilowaves which have a relatively shorter wavelength than radio waves. Moreover, microwave devices provide both extremely high frequency and ultra-high frequency to perform various electronic applications. Furthermore, the devices are used as radar signals, navigation, satellite communications, and smartphones. These devices are also used in the household application as well as for medical treatments.

MICROWAVE DEVICES MARKET: Drivers & CHALLENGES

Market Driver:

• Rising Demand for Miniaturization

Rise demand for miniaturization is one of the key drivers for the microwave devices market. It is used to improve the performance as well as the operation efficiency of the devices. However, it miniaturizes the dimension of the microwave circuit at the given frequency. Also, many technologies have been followed for the miniaturized device that enables both thicknesses as well as the lateral for the structure. Moreover, these devices created new growth by enhancing its application faster in the advancement of modern communication technology.

• Increased Growth for Communication Technology

The need for point to point communication results in increasing demand for microwave devices in the market. Increasing growth for the communication technology anticipated to use for satellite communication as well as in deep radio communications. Moreover, the small wavelength allows the suitable sized of antennas to connect in a narrow beam that can directly point from the antenna. Furthermore, this technology helps to rise in demand for military communication as well as in telecommunication which is some factor that influences the market growth in the forecast period.

These are some trends which are expected to boost the market with the adoption of communication technology in the projected years.

Market Challenges:

• High Cost of Equipment and Installation

Volatility in the prices of these materials is a challenging factor likely to hamper the market growth during the projected period. The waveguide runs in the microwave antennas which is at the outer part of the transmitter required a high maintenance and installation cost. However, the microwave processing equipment and installation are expensive which many hinder the growth of the market.

Microwave Devices market: Key segments

• Segmentation based on Frequency Type: Ka-band, L-band, S-band, C-band, X-band, and Ku-band
• Segmentation based on Type: Passive Microwave Components and Active Microwave Components
• Segmentation based on Application: Space, Defence, and Commercial
• Segmentation based on region covers: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis

Microwave Devices MARKET: Report SCOPE

The report on the microwave devices market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

KEY Companies Covered

• Teledyne Technologies Incorporated. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
• Thales Group
• L3Harris Technologies, Inc.
• Qorvo, Inc.
• Communications & Power Industries LLC
• Analog Devices, Inc.
• Microchip Technology Inc.
• General Dynamics Corporation
• Kratos Defense & Security Solutions, Inc.
• MACOM
• Other Key Companies

Microwave Devices MARKET: report segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Microwave Devices Market, by Frequency Type

• Ka-band
• L-band
• S-band
• C-band
• X-band
• Ku-band

Microwave Devices Market, by Type

• Passive Microwave Components
  • Adapter
  • DC Blocks
  • Waveguide Products
  • Circulators
  • Attenuators
• Active Microwave Components
  • Amplifiers
  • Converter Modules
  • Fiber Optic Links
  • Electromechanical Switches

Microwave Devices Market, by Application

• Space
• Defence
  • Airborne
  • Navel
• Commercial
  • Broadcast
  • Industrial
  •  Medical
  • Scientific

Microwave Devices Market, by Region

• North America
  • US
  • Canada
  • Mexico
• Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Rest of Europe
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
• South America
  • Brazil
  • Argentina
  • Rest of South America

Key Questions answered by the report

• What are the prominent developments affecting the market globally and its growth?
• What will be the impact of the developments in the market on the industry and on the market competitor in the future?
• What are the evolving variations of the market globally?
• What are the evolving functions of the market globally?
• What is the prominent condition that will affect market growth worldwide during the study period?
• Who are the key players operating in the market across the globe?
• How are the key players leveraging in the present market scenario worldwide?

Report Audience

• Microwave Devices Market Providers
• Microwave Devices Market Solution and Services Suppliers, Distributors and Dealers
• End-Users of Varied Segments of Microwave Devices Market
• Government Bodies and Intellectual Institutions
• Associations and Industrial Organizations
• Research & Consulting Service Providers
• Research & Development Organizations
• Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE MICROWAVE DEVICES MARKET STUDY