DUBLIN--(BUSINESS WIRE)--The "Microwave Devices Market by Type (Active Microwave Devices, Passive Microwave Devices), Frequency (L-Band, S-Band, C-Band, X-Band, Ku-Band, Ka-Band), Application (Space & Communication, Defense, Commercial), and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The microwave devices market is projected to grow at a CAGR of 6.24% from 2017 to 2022.
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. This, combined with increasing R&D activities for the development of microwave devices is expected to propel the growth of the microwave devices market across the globe during the forecast period from 2017 to 2022.
Based on type, the active microwave devices is estimated to account for the largest share of the microwave devices market in 2017. The growth of this segment can be attributed to increase in usage of Travelling Wave Tube Amplifiers (TWTA) and solid-state microwave devices in defense manufacture of various electronic products such as radars, missiles, and jammers, among others.
Asia Pacific is projected to grow at the highest CAGR during the forecast period The Asia Pacific microwave devices market is projected to grow at the highest CAGR of 7.35% during the forecast period. It is expected to be followed by the North America microwave devices market, which is projected to grow at a CAGR of 6.43% from 2017 to 2022.
- Analog Devices
- CPI International
- Financial Highlights
- General Dynamics
- Kratos Defense & Security Solutions
- L3 Technologies
- Teledyne Technologies
- Toshiba Electron Tubes & Devices
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Microwave Devices Market, By Type
8 Microwave Devices Market, By Frequency
9 Microwave Devices Market, By Application
10 Regional Analysis
11 Competitive Landscape
12 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/gxjcv2/global_microwave?w=4