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Increase in demand for miniaturized microwave devices and increase in defense expenditure on intelligence, surveillance, reconnaissance, and target acquisition systems are expected to offer several growth opportunities for stakeholders of the microwave devices market.
Asia Pacific is projected to grow at the highest CAGR during the forecast period.
Market Analysis and Insights: Global Microwave Devices Market
The global Microwave Devices market was valued at US$ 5573.1 in 2020 and will reach US$ 7468.4 million by the end of 2027, growing at a CAGR of 5.0% during 2022-2027.
Global Microwave Devices Scope and Market Size
The global Microwave Devices market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Microwave Devices market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Active Microwave Devices
Passive Microwave Devices
Segment by Application
Space & Communication
Defense
Commercial
Others
The Microwave Devices market is analysed and market size information is provided by regions (countries). Segment by Application, the Microwave Devices market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Analog Devices
L3 Technologies
Teledyne Technologies
Thales
Qorvo
CPI International
General Dynamics
Asia Pacific is projected to grow at the highest CAGR during the forecast period.
Market Analysis and Insights: Global Microwave Devices Market
The global Microwave Devices market was valued at US$ 5573.1 in 2020 and will reach US$ 7468.4 million by the end of 2027, growing at a CAGR of 5.0% during 2022-2027.
Global Microwave Devices Scope and Market Size
The global Microwave Devices market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Microwave Devices market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Active Microwave Devices
Passive Microwave Devices
Segment by Application
Space & Communication
Defense
Commercial
Others
The Microwave Devices market is analysed and market size information is provided by regions (countries). Segment by Application, the Microwave Devices market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Analog Devices
L3 Technologies
Teledyne Technologies
Thales
Qorvo
CPI International
General Dynamics
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
