The global microwave devices market is estimated to reach USD
11.86 billion by 2024, according to a new study by Grand View Research, Inc.
The increasing demand from military and defense industry is expected to drive
the market growth over the forecast period. Radar systems use these devices for
navigation and air surveillance.
Technological proliferations, in the
medical industry, are anticipated to enable the use of advanced technologies
such as microwave ablation. This technology uses a microwave, which is focused
on the infected tissue and heated, to avoid excess nerve damage. Furthermore,
these devices are also used to remove unwanted tissue mass such as a tumor.
They are widely used in medical applications, owing to their short wavelengths,
which reduce excessive surface penetration, and ability to allow precise
ablations. The devices are mainly used in treating diseases such as skin
cancers, uterine fibroids, and corneal ablation.
The growing usage of mobile phones,
mainly in the emerging economies, is enabling the use of microwave devices,
owing to their high frequencies that allow data transmission over long
distances. Advancements in healthcare facilities are expected to further
improve the market growth in these regions, due to increased production of
low-cost and affordable medical devices. The North American region has
developed medical infrastructure and the latest technologies for facilitating
extensive use of these devices.
Browse full research report on Microwave Devices Market: https://www.grandviewresearch.com/industry-analysis/microwave-devices-market
Further key findings from the study suggest:
- The increased implementation of C-band in weather radar
systems, Wi-Fi, and satellite communication is anticipated to drive the
market growth. This growth is characterized by optimum performance, in
terms of low signal loss and high frequency range.
- The increasing need for Unmanned Ariel Vehicles (UAV) for
collecting ground information and radar systems for navigation are
anticipated to increase the demand for microwave devices
- The medical segment is the fastest-growing application
segment and is expected to witness a significant growth with a CAGR of 6%
over the forecast period
- Technological advancements, in cancer detecting imaging
systems, depend on these devices for advanced diagnostics and treatment
- The increasing usage of mobile handsets is promoting the use
of microwave devices, such as frequency emitting towers and satellites,
for sending and receiving data signals
- The spending on healthcare services in the APAC region is
growing, owing to the aging population that requires and demands
cost-effective medical facilities, increasing the demand for microwave
products such as imaging systems.
- The key industry participants include Communications &
Power Industries LLC, Cytec Corporation, e2V, L-3 Communication systems,
MicroWave Technology, Inc., RFMD, Richardson Electronics, Ltd., Teledyne
Technologies, Inc., Thales Group, TMD Technologies Ltd., and Toshiba
Corporation, among others
Browse
request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/microwave-devices-market/request/rs1
Grand View Research has segmented the global microwave devices
market based on band frequencies, applications, and regions:
Microwave Devices Band Frequency Scope (Revenue, USD Million; 2014
- 2024)
- S-Band
- C-Band
- X-Band
- Ku-Band
- Ka-Band
Microwave Devices Band Application Scope (Revenue, USD Million;
2014 - 2024)
- Communication
- Medical
- Military
& Defense
- Others
Microwave Devices Band Regional Scope (Revenue, USD Million; 2014
- 2024)
- North
America
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia
Pacific
- China
- Japan
- India
- South
America
- Brazil
- Middle
East and Africa (MEA)
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For
more info visit @ https://www.grandviewresearch.com
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