Microwave Devices Market 2023-2032 With Strategic Trends Growth, Revenue, Demand & Future Potential Of Industry


Posted June 23, 2023 by Rajeevthakur

The global microwave devices market is experiencing a significant growth due to increased application in defense & space equipment

 
The global microwave devices market is experiencing a significant growth due to increased application in defense & space equipment. Microwave devices are used in electronic devices such as radars, kitchen equipment, medical devices, navigation systems, and telecommunication devices. Microwave devices use electromagnetic devices use frequencies between 300 MHz to 300 GHz bandwidth. Microwave emitting hardware is used in telecom network bans such as 4G. Moreover, microwave devices can be integrated in solid-state devices such as diodes, resistors, and integrated circuits. Microwave devices are used in most electronic device due to its easy propagation in air medium with minimum loss in transmission as compared to other electromagnetic waves.

COVID-19 scenario analysis:
Microwave device manufacturers are forced to halt production operations due government-imposed lockdown in the wake of COVID-19.

Military microwave system designers are facing short-term operational issues due to supply chain disruption caused by the government initiatives to slow the spread of COVID-19.

Research & development in microwave device manufacturing industry has been adversely affected due to the lack of necessary international workforce owing to the travel bans imposed by the governments globally to control the COVID-19 outbreak.

Microwave device manufacturers are witnessing decline in demand for custom or standard hardware system, since the governments as well as consumers are focused on supply of essentials such as food and safety equipment owing to COVID-19 pandemic.

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The global microwave devices market trends are as follows:

Surge in usage of satellite equipment
Satellites use variety of microwave devices applications such as communication, remote sensing, and tracking systems among other. For instance, in 2020, Bell Aerospace was awarded a contract worth 349.6 million USD by US Space Force for designing & building a satellite under next-generation weather system follow-on-microwave (WSF-M) program. This satellite will provide essential weather data to US military utilizing passive microwave sensors to measure ocean surface wind & direction, ice-thickness, snow depth, and soil moisture. Such extensive use of microwave devices in satellite systems is expected to boost the global microwave devices market.

Demand for hi-speed telecommunication technology
Telecommunication devices use microwaves for signal relay between towers, ground stations, and space satellites. Recently, in 2020, Alga Microwave (microwave component manufacturing based in Markham, Canada) received an order worth 2.5 million USD from a US based satellite network provider for delivery of C-band 5G filter. 5G cellular networks operate from 3.3 GHz to 3.6 GHz spectrum creating interference with C-band space satellite communication terminals operating in the 3.4 GHz to 4.2 GHz spectrum. C-band 5G filter will prevent such interference between satellite & cellular networks. Satellite communication overlaps S-band spectrum ranging from 2 GHz to 4 GHz and C-band spectrum range is 4 GHz to 8 GHz. Algaโ€™s C-band filter will filter C-band frequencies to avoid interference. Such usage of microwave devices in hi-speed telecom services such as 5G will drive the global microwave devices market.

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Key benefits of the report:

This study presents the analytical depiction of the global microwave devices industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global microwave devices market share.
The current market is quantitatively analyzed to highlight the global microwave devices market growth scenario.
Porterโ€™s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global microwave devices market analysis based on competitive intensity and how the competition will take shape in coming years.

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Issued By Rajeev Thakur
Country United States
Categories Aerospace , Defense
Tags microwave devices market demand , microwave devices market share , microwave devices market size
Last Updated June 23, 2023