Microwave Devices Market, Microwave Devices Market Size, Microwave Devices Market Trends, Microwave Devices Market Forecast, Microwave Devices Market Risks, Microwave Devices Market Report, Microwave Devices Market Share

According to a new report published by xResearch, titled, “Microwave Devices Market 2022– Industry Insights, Trends, Opportunity & Forecast, 2021–2030,” the global microwave devices market size is anticipated to witness moderate growth during the forecast period i.e.2022-2030.

 

The growing penetration of wireless communication networks worldwide, the rising concerns pertaining to life-threatening diseases, the growing technological advancements in healthcare facilities and microwave devices, the surging need for secure and fast communication across major parts of the globe, the increasing number of space exploration activities, andthe enhancing demand for secured military communication coupled with the escalatingmilitary & defense expenditure across countries are among the major factors driving the growth of the global microwave devices market.

 

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According to product, the active microwave devices segment dominated the global microwave devices market in 2021. The segment is anticipated to retain its dominance further in the market during the forecast period of 2022-2030. According to frequency, the Ku-band segment captured the largest share in the global microwave devices market in 2021, followed by the C-band segment.

 

The trend is expected to continue over the forecast period of 2022-2030. On the other hand, the X-band segment is projected to achieve the highest growth in the market during the forecast period of 2022-2030. According to end user, the space & communication segment held the largest share in the global microwave devices market in 2021. The segment’s position is estimated to remain the same during the forecast period of 2022-2030. On the other hand, the healthcare segment is predicted to register the highest CAGR in the market during the forecast period of 2022-2030.

 

Geographically, the North American region led the global microwave devices market in 2021. The region’s lead is expected to continue over the forecast period of 2022-2030, owing to the high adoption of microwave devices in warfare equipment coupled with the burgeoning investments in the defense sector, and the growing technological advancements in the region, among other factors. Countries such as the U.S. and Canada are among the key contributors to the market in the region. On the other hand, the Asia Pacific region is slated to experience as the highest growth in the market devices during the forecast period. India, China, and Japan are among the key contributors to the growth of the market in the region.

 

Some of the major microwave devices companies profiled in the report include Mitsubishi Electric Corporation, Panasonic Corporation, TMD Technologies Ltd., Thales Group, Teledyne Technologies Incorporated, CPI International Inc., Toshiba Corporation, Richardson Electronics Ltd., Analog Devices Inc., and General Dynamics Corporation.

 

The global microwave devices market is segmented into product, frequency, end user, and region. Based on product, the market is bifurcated into active microwave devices and passive microwave devices. the active microwave devices market is further segmented into solid-state microwave devices, by type; solid-state microwave devices, by material; and vacuum electron microwave devices, by type. The solid-state microwave devices, by type sub-segment are further classified into solid-state power amplifier, and other solid-state microwave devices.

 

The solid-state microwave devices, by material sub-segment is further classified into gallium arsenide (GAAS), silicon, gallium nitride, (GAN), silicon carbide (SIC), and other materials. The vacuum electron microwave devices, by type sub-segment is further classified into travelling wave tube amplifier (TWTA), klystron, magnetron, crossed-field amplifier, and other vacuum electron microwave devices. Based on frequency, it is classified into Ku-band, C-band, Ka-band, L-band, X-band, S-band, and other bands. Based on end user, it is classified into space & communication, military & defence, healthcare, and others.

 

The global microwave devices market is analyzed across North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa).

 

Key Insights of Microwave Devices Market

  • On the basis of product, the active microwave devices segment dominated the global microwave devices market in 2021. The segment is anticipated to retain its dominance further in the market during the forecast period of 2022-2030.
  • On the basis of frequency, the Ku-band segment captured the largest share in the global microwave devices market in 2021, followed by the C-band segment. On the other hand, the X-band segment is projected to achieve the highest growth in the market during the forecast period of 2022-2030.
  • On the basis of end user, the space & communication segment held the largest share in the global microwave devices market in 2021. On the other hand, the healthcare segment is predicted to register the highest CAGR in the market during the forecast period of 2022-2030.
  • On the basis of region, North America led the global microwave devices market in 2021. The region’s lead is expected to continue over the forecast period of 2022-2030
  • On the basis of region, the Asia Pacific region is slated to experience as the highest growth in the market devices during the forecast period.

 

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xResearch is a market research and consulting organization that uses unique data, expert analysis, and new technologies to create trusted intelligence on industries. Our research is focused on delivering an informed and impartial view on essential market data of industry, and it is primarily driven by an in-depth study covering the following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.

 

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