Microwave devices can be defined as electronic devices such as transistors, diodes etc. used in high frequency applications. With advancement in technology, several electronic and microwave components and sub-system are manufactured with the integration of solid-state microwave and electronics operations. These components find application in a wide spectrum of industries, which includes civil airborne and marine radar, communications, defense and most recently automotive. Microwave tubes are also used in food decontamination and sterilization and also find application in magnetron, Traveling Wave Tube, klystrons, and thyratron.
Microwave devices are extensively used in telecommunication devices with enhanced accuracy owing to their high bandwidth that facilitate high rates of data transmission. Microwave emitting hardware is being implemented in telecom network bands such as 4G. The increasing demand for miniaturized microwave devices and increase in defense expenditure on reconnaissance, surveillance, intelligence, and target acquisition systems are anticipated to offer promising opportunities for the stakeholders of microwave devices market.
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Furthermore, microwave devices are being used in healthcare devices, military devices, navigation radars used for communication etc. These devices have numerous applications and are also used in cancer detection and ablation of tissue & cornea, due to their optimum surface penetration. They are also used in medical diagnostics for imaging and testing. Furthermore, they facilitate detection of cancer cells at early stage thereby supporting the growth of microwave devices market in healthcare industry. The increasing adoption of Gallium Nitride devices and Silicon Carbide devices in the upcoming amplifier technology is projected to drive the growth of global microwave devices market owing to the high efficiency, high thermal tolerance, along with high sustainability in critical environmental conditions. However, there are some key challenges associated with the microwave device technology such as high production cost, and research and development expenses to improve the technology.
The microwave devices market can be segmented based on type, application, frequency, and geography. Based on type, the microwave devices market can be segmented into active microwave devices, and passive microwave devices. On the basis of application, the market can be further segregated into telecommunication, healthcare, and aerospace and defense. Based on frequency, the microwave devices market can be segmented as L-Band, S-Band, C-Band, X-Band, Ku-Band, and Ka-Band. The global demand for C-Band applications are increasing owing to the affordability and different usage such as fiber optics in communication applications.
Further, it finds major application in radio transmissions and particle accelerators, which is anticipated to further contribute towards the growth of C-band devices, consequently supporting the growth of microwave devices market during the forecast period. The healthcare segment is anticipated to be the dominant application segment during the forecast period due to increasing adoption of treatment instruments integrated with microwave devices. Based on geography, the global microwave devices market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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Increasing investments in defense infrastructure is expected to drive the growth of microwave devices market in North America. Furthermore, technological innovations in this region are contributing in development of sophisticated and reliable microwave devices. Moreover, Asia Pacific is anticipated to grow at a prominent growth rate owing to the development in associated industries in major Asia economies such as China, and India.
Some of the significant players involved in global microwave devices market include Thales, Qorvo, Inc, Teledyne Technologies Incorporated, L3 Communication, Microsemi Corporation, MACOM, Kratos Defense & Security Solutions, Inc., Analog Devices, Inc, CPI International etc.
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