DUBLIN--(BUSINESS WIRE)--The "Microwave Devices - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
The Global Microwave Devices market is accounted for $4.75 billion in 2017 and is expected to reach $10.64 billion by 2026 growing at a CAGR of 9.3%.
Rising demand for secured military communication, fast commercialization of microwave devices in the telecommunication industry, huge expenditure on intelligence, surveillance, reconnaissance, and target acquisition systems, huge demand for miniaturized microwave devices are some key factors influencing the market growth. However, high technological cost of microwave devices is hindering the market growth.
Microwave devices are widely used in telephone network with improved accuracy due to their high data bandwidth that facilitates high rates of data transmission. They are also used in medical diagnostics for imaging and testing. Additionally, they make easy detection of cancer cells at early stage thereby supporting the expansion of microwave devices market in healthcare industry. Microwave emitting hardware is being implemented in telecom network bands such as 4G.
Amongst application, Medical Treatment segment is likely to witness highest share over the forecast period, owing to their optimum surface penetration. In addition, they also make easy detection of cancer cells at early stages. Asia Pacific will be the major revenue contributor to the Global Microwave Devices market throughout the forecast period, the growth in the region can be credited to growth in space activities along with augment in defense expenditure.
- Kratos Defense & Security Solutions
- General Dynamics Corporation
- MACOM Technology Solutions
- Teledyne Technologies, Inc.
- Toshiba Electron Tubes and Devices Co.,Ltd.
- CPI International, Inc.
- Microsemi Corporation
- Analog Devices, Inc.
- Qorvo, Inc.
- L3 Technologies, Inc.
- Thales Group
Key Topics Covered:
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Microwave Devices Market, By Type
6 Global Microwave Devices Market, By Band Frequency
7 Global Microwave Devices Market, By Application
8 Global Microwave Devices Market, By Geography
9 Key Developments
10 Company Profiling
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