Global Microwave Devices Industry: Key Statistics and Insights in 2024-2032

Summary:

• The global microwave devices market size reached USD 6.3 Billion in 2023.
• The market is expected to reach USD 10.1 Billion by 2032, exhibiting a growth rate (CAGR) of 5.2% during 2024-2032.
• North America leads the market, accounting for the largest microwave devices market  share.

• Active microwave accounts for the majority of the market share in the product type segment as they ensure reliable transmission of data across long distances.  
• Ku band holds the largest share in the microwave devices industry.
• Space and communication remain a dominant segment in the market due to the increasing space exploration activities.
• The rising demand for communication technologies is a primary driver of the microwave devices market.
• The increasing adoption of microwave heating and advancements in radar and imaging technologies are reshaping the microwave devices market.

Industry Trends and Drivers:

• Growing Demand for Communication Technologies:

This report identifies trends in microwave devices market driven by the increase in demand for communication technologies such as features in fifth generation (5G) networks. Microwave devices support high frequency signals which are required for data rates higher than at present and better links. With improvement of the infrastructure support for 5G implemented and deployed mobile operators, microwave links for backhaul and fronthaul applications have been in high demand. Also, the need for IoT per device and smart city applications is increasing at an even faster rate to push traditional networking. Thus, microwave communication systems are viable, reliable and robust solutions for connectivity in the urban and rural setting; they are therefore necessary to meet the bandwidth demands. It has been established that technological progression with respect to communication and the growing adoption rates and device connections are driving the market.

• Rising Adoption of Microwave Heating:        

The rapid evolution and acceptance of microwave heating technologies forms the major driving factor for microwave devices especially as applied in food processing and industrial applications. Microwave heating has several advantages such as fast heat up, economic in energy, and heat distribution in heating object. In the food and beverages (F&B) industry, microwave, ovens are used for cooking, defrosting, and preservation which in turn fuel the demand for microwave technology. Furthermore, microwave heating has applications in industries needed for materials drying, polymer curing, chemical processing alongside other applications. This has also led to increased management and manufacture sophistication which increases the usage of microwave technologies in various industries.            

• Advancements in Radar and Imaging Technologies:    

Industries particularly, radar & imaging technology are stimulating the need in microwave device market. Microwave devices form the core of radar applications such as military, aviation, meteorological and the automobile industry. The existing radar systems employ microwave technology as a means to provide more précised detection and tracking in various uses like aviation, meteorology and security. Further, innovations in imaging technologies such as SAR and microwave imaging in particular for medical applications are opening up new frontend uses for microwaves. Escalating concerns with security and defense along with progression in imaging technologies for non-destructive testing, medical imaging is fueling the market fortification.    

Request for a sample copy of this report: https://www.imarcgroup.com/microwave-devices-market/requestsample

Microwave Devices Market Report Segmentation:

By Product Type:

• Passive Microwave Devices
• Active Microwave Devices

Active microwave devices represent the largest segment due to their high-frequency capability, which is crucial for applications requiring rapid signal transmission and processing.

By Frequency: 

• L Band
• X Band
• S Band
• C Band
• Ku Band
• Ka Band
• Others

Ku band holds the biggest market share as it is widely used for direct-to-home (DTH) satellite TV services, satellite internet, and very small aperture terminal (VSAT) networks.

By Application: 

• Defense
• Commercial
• Space and Communication
• Others 

Space and communication represent the leading segment owing to the reliance on microwave devices to enable efficient transmission of television signals, internet data, and voice communications across vast distances.

Regional Insights:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

North America's dominance in the market is attributed to the growing utilization of microwave devices in the healthcare sector for medical imaging and thermal ablation of tissues.

Top Microwave Devices Market Leaders:

The microwave devices market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

• Analog Devices Inc.
• CPI International Inc.
• Kratos Defense & Security Solutions Inc.
• L3Harris Technologies Inc.
• Littelfuse Inc
• MACOM Technology Solutions
• Microchip Technology Inc.
• Qorvo Inc
• Teledyne Technologies Incorporated
• Thales Group
• Toshiba Corporation

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: [email protected]

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163