The analysts forecast the global microwave devices market to decline at a CAGR of 7.63% during the period 2017-2021.
Global Microwave Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is Emergence of high-power electronic devices. The end-users have high expectations and they want products that are prompt, innovative, lightweight, energy efficient, and small in size, leading to the emergence of SiC and GaN technologies.
The GaN and SiC technologies, when equipped in the modern high-power devices, are delivering high speed, accuracy, and reliability. They are energy efficient and are small enough to fit into small devices.
One of the major drivers for this market is Rapid increase in data traffic. The increased use of smartphones, tablets, and other wireless communication devices are increasing the mobile data traffic. The increase in the mobile video content is another factor that increases the mobile data traffic.
The mobile data crossing a network will exceed 45 exabytes per month, and video traffic will account for more than 73% of the total data consumed by 2021. Factors, such as a large screen size with a high resolution for a better ultra-HD video streaming experience, are increasing the video traffic.
- API Technologies
- L3 Technologies
Other prominent vendors
- Richardson Electronics
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by end-user
Part 07: Geographical segmentation
Part 08: Decision framework
Part 09: Drivers and challenges
Part 10: Market trends
Part 11: Vendor landscape
Part 12: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/xgt8wg/global_microwave