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Microwave Devices Market by Type, Frequency, Application And Region - Global Forecast to 2022

Microwave Devices Market: Global Forecast until 2022

  • November 2017
  • 157 pages
  • ID: 5233141
In this report:
In October 2017, according to the International Monetary Fund, the overall growth rate of the market in India is estimated to be ##.##% due to the rise in industrial production and other indicators.
According to the Stockholm International Peace Research Institute (SIPRI), Russia's military spending in 2016 was USD ##.## billion, an increase of ##.##% when compared to the previous year and ##% when compared with 2007.

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The microwave devices market is estimated to rise at a compound annual growth rate of ~6.2 percent between 2017 and 2022

The microwave devices market is projected at ~$6.1B in 2017 and is projected to extend ~$8.2B by 2022, at a compound annual growth rate of ~6.2 percent between 2017 and 2022. Rise in demand for miniaturized microwave devices and growth in defense expenditure on intelligence, surveillance, reconnaissance, and target acquisition systems are anticipated to offer different increase opportunities for stakeholders of the microwave devices market. This, combined with growing R&D activities for the development of microwave devices is anticipated to propel the increase of the microwave devices market across the world during the estimate period between 2017 and 2022. Nevertheless, the replacement of Traveling Wave Tubes by solid-state microwave devices and proven capability and fidelity of legacy systems are some of the factors restraining the rise of the microwave devices market across the world

Established on category, the active microwave devices segment is forecasted to account for the most important share of the microwave devices market in 2017

Established on category, the active microwave devices is expected to account for the biggest share of the microwave devices market in 2017. The increase of this segment can be attributed to growth in usage of Travelling Wave Tube Amplifiers and solid-state microwave devices in defense manufacture of several electronic products including radars, missiles, and jammers, among others. Other usage includes increase in usage of TWTA in the medical sector.

APAC is expected to rise at the highest compound annual growth rate (CAGR) during the outlook period

The Asia Pacific microwave devices market is expected to grow at the more important Compound annual growth rate of ~7.3 percent during the forecast period. It is anticipated to be followed by the North America microwave devices market, which is forecasted to grow at a compound annual growth rate (CAGR) of ~6.4 percent between 2017 and 2022. Growing demand for space programs and rise in defense spending acts as an opportunity for the rise of microwave devices market in the Asia Pacific area.

Break-up of profiles of primary members taking part for this industry report:

• By Company category: Tier 1 - 55.0 percent, Tier 2 - 25.0 percent, and Tier 3 - 20.0 percent

• By Description: C-suite - 75.0 percent, Grade of manager - 25.0 percent

• By Area: Asia-Pac - 45.0 percent, EU - 30.0 percent, North America (NA) - 20.0 percent, and RoW -5.0 percent

The key players in the microwave devices market are Analog Devices, L3 Technologies, Teledyne Technologies, Thales, Qorvo, CPI International, and General Dynamics, among others.

Segment Research

The microwave devices market has been divided on the basis of category (active microwave devices and passive microwave devices), by frequency (L-band, C-band, S-band, X-band, Ka-band, Ku-band and others), by application (space & communication, defense, and commercial). The microwave devices market has been studied for North America continent, Europe (EU), Asia Pacific (APAC), and Rest of the globe. The study offers an detailed market intelligence regarding market dynamics and main Elements such as drivers, industry restraints, possibilities, and market-specific challenges that influence the increase of the microwave devices market. It also analyzes micro-markets with respect to individual developments trends, future perspectives, and their contribution to the microwave devices market.

Reasons to Buy This Report:

From an insight prospect, this market research has emphasized different levels of analyses - industry study, market share study of the top actors, supply chain research, and company descriptions. These insights together comprise and discuss the basic overviews on the competitive landscape, coming out and high increase segments of the microwave devices market, high-growth areas, and sector drivers, market restraints, alternatives, and opportunities.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on microwave devices provided by the top actors operating in the microwave devices market.

• Product Development/Innovative products: In-depth understanding on the next technologies, R&D activities, and recent product launches in the microwave devices market.

• Market Development: Highlighted information about the emerging industries - the market research examines the industries for microwave devices across different regions.

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the microwave devices market.

• opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of key players in the microwave devices market.

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