Microwave Appliances Market Worth $ 9.0 Billion By 2027

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CHICAGO, December 15, 2021 / PRNewswire / – According to the report “Microwave Devices Market by Product (Active Devices, Passive Devices), Frequency (Ku Band, C Band, Ka Band, L Band, X Band, S Band), End User (Space & Communication, Military & Defense, health) and geography – Global forecasts to 2027 “, published by MarketsandMarkets â„¢, the market is expected to grow by $ 6.7 billion in 2021 to $ 9.0 billion by 2027; it is expected to grow at a CAGR of 5.1% from 2021 to 2027.

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The growth of the microwave device market is driven by increasing military and defense spending, the growing need for secure and fast communications, and the growing demand for microwave devices for patient monitoring. The advent of digital communication has increased the number of satellites to cater for big data or digital transmission of voice through unique communication channels. Thus creating income generating opportunities for the microwave appliance market. The increasing penetration of 5G and IoT infrastructure, the miniaturization of devices, the growing need for efficient and non-radioactive patient treatments, and technological advancements in microwave equipment relating to the materials used are expected to attract lucrative opportunities for the device market. microwave.

The active appliances segment of the microwave appliances market is expected to hold the largest market share during the forecast period.

The high use of active microwave devices in various defense and space electronics has led to the growth of the segment. Active devices are widely used to detect, mix, amplify, filter and switch microwave signals in stand-alone equipment. Growing R&D investments by market players to design advanced devices compatible with high-speed connectivity requirements are expected to fuel the growth of the active device segment.

Ku Band Segment Expected To Grow At Highest CAGR During Forecast Period

The ability to tune uplink and downlink, along with relatively lower costs, is expected to increase the deployment of Ku-band microwave devices. The Ku band was a pioneer in the implementation of high speed communication channels because it has a lower throughput and is less sensitive to attenuation. In addition, it has shorter wavelengths, improved spot beam coverage and requires less investment.

Browse the table of contents in depth onMicrowave appliances Marlet
101 – Tables
51 – Figures
187 – Pages

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The space and communication segment is expected to grow at the highest CAGR of the microwave devices market during the forecast period.

The increase in the number of high-speed satellites (HTS) and increased investment in space and related exploration activities are expected to drive the growth of the space and communication segment. The growing importance of real-time video and audio streaming services has led to an increase in the use of microwave devices in space and communication.

North America The region is expected to hold the largest share of the microwave appliances market during the forecast period.

Due to the rapid deployment of microwave devices in their warfare equipment, the US and North America microwave devices market is expected to foresee immense opportunities during the forecast period. The US military has become one of the most technologically advanced armed forces in the world by equipping modernized warfare infrastructure.

Major players operating in the microwave appliances market include Thales Group (France), L3 Harris, Technologies, Inc. (United States), Teledyne Technologies Incorporated (United States), Qorvo, Inc. (United States) and CPI International, Inc. (United States).

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