Global Microwave Devices Market By Type (Active Microwave Devices & Passive Microwave Devices), By Frequency (L-Band, S-Band, C-Band, X-Band, Ku-Band and Ka-Band), By Application (Space & Communication, Medical, Defense and Commercial), Competition Forecast & Opportunities, 2017 - 2027

Global microwave device market is expected to grow at an impressive rate during the forecast period. Increase in demand for microwave technology has surged in recent years due to ability of technology to transmit through huge bandwidth without the requirement of cable. Microwave devices are faster and reliable and can carry bulk information to long distances which are the other factors contributing to the growth of the microwave device market.

There is rise in demand of microwave devices for instance in remote sensing, tracking and other applications in satellite industry in addition to the huge demand from residential and healthcare segments thereby facilitating the growth of microwave device market. Also, technological advancements along with high-end investment in telecommunication segment is generating the growth of the microwave device market, globally.

Global microwave device market can be segregated based on type, frequency, application, and region. Based on frequency the market can be further bifurcate into L-Band, S-Band, C-Band, X-Band, Ku-Band and Ka-Band. C-Band, followed closely by X-Band, held the significant share in 2021 due to its cost-effectiveness, flexibility, and application in varied sectors.

Based on frequency, microwave device market is further divided into active and passive devices and active devices dominated the market in 2021, and likely to maintain its dominance during its forecast period.

Based on regional analysis, North America led the global microwave devices market in 2021 owing to the presence of the space stations which uses microwave technology and major players operating in these regions. Also, with emergence of key players in Asia-pacific regions, microwave device market is expected to witness a substantial growth in the countries of Asia Pacific.

The major players operating in the global microwave devices market are Communications & Power Industries LLC, Cytec Corporation, e2V, L-3 Communication systems, MicroWave Technology, Inc., RFMD, Richardson Electronics, Ltd., Teledyne Technologies, Inc., Thales Group, TMD Technologies Ltd., and Toshiba Corporation etc. and others. Major companies are developing advanced technologies and launching new products to stay competitive in the market.

Objective of the Study

• To analyze and forecast market size of the global microwave devices market, in terms of value.
• To define, classify and forecast the global microwave devices market based on type, frequency, application, and region.
• To scrutinize the detailed market segmentation and forecast the market size, in terms of value, based on region by segmenting global microwave devices market into five regions, namely, North America, South America, Europe, Asia Pacific and MEA.
• To identify tailwinds and headwinds for the global microwave devices market.
• To examine competitive developments such as expansions, new product launches, supply contracts, and mergers & acquisitions in the global microwave devices market.
• To strategically profile the leading players, which are involved in the supply of microwave devices globally.

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TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of microwave devices providers. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include providers that could not be identified due to the limitations of secondary research. TechSci Research analysed type, frequency, application, and regional presence of all major microwave devices providers across the globe.

TechSci Research calculated the market size for the global microwave devices market using a bottom-up approach, where providers’ value data for different type of (active microwave devices & passive microwave devices) microwave devices was recorded as well as forecast for the future years was made. TechSci Research sourced these values from industry experts and company representatives, and externally validated through

Key Target Audience

• Global microwave devices manufacturers
• Research organizations and consulting companies
• Organizations, associations and alliances related to microwave devices
• Government bodies such as regulating authorities and policy makers.
• Industry associations
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as microwave devices manufacturing, suppliers, dealers and policy makers, which market segments should be targeted over the coming years (next five years) to strategize investments and capitalize on growth of the market.