Global Microwave Devices Market size is projected to be valued $XX Billion by 2025; with a CAGR of XX% from 2017 to 2025. Microwave Devices use a form of electromagnetic radiations with wavelengths ranging from one meter to one millimeter with frequencies from 300 MHz to 300 GHz. Microwave devices are used in various applications including communications, radar, cooking and industrial applications. Some of the microwave devices are used to heat food quickly, vehicular speed-limit enforcement and air-traffic control.
Technological developments and growing usage of modern warfare techniques by the defense organization, and adoption of microwave technology by airports growing demand for microwave devices are boosting the growth of the global Microwave Devices market. Moreover, growing usage of mobile phones is enabling the use of microwave devices also expected to fuel the growth of the market. However, lack of low-cost & energy-efficient hardware which limits the adoption among various agencies may hinder the growth of the market. Furthermore, ongoing research & development and opportunities from various enterprises from emerging economies and advancements in healthcare facilities would provide growth in the upcoming years.
The global Microwave Devices market is segmented based on the type, frequency, application, and geography. Type segment can be further segmented into active and passive microwave devices. The frequency segment is further divided into L-band, C-band, S-band, X-band, Ka-band, Ku-band and others segment. Application segment can be bifurcated into space & communication, defense, and commercial.
The global Microwave Devices market by geography is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S. and Canada are covered under North America wherein Europe covers U.K, Germany, France, Russia, and others. Asia-Pacific covers China, India, Japan, South Korea, and others. RoW covers South America, Middle East and Africa.
Major companies operating in the global Microwave Devices market are Financial Highlights, Teledyne Technologies, Thales, L3 Technologies, Qorvo, CPI International, Analog Devices, Microsemi, Toshiba Electron Tubes & Devices and General Dynamics among others.
The key takeaways from the report
Scope of Microwave Devices Market