Microwave Devices Market Size, Trends & Growth Opportunity, Product (Active Devices, Passive Devices), Frequency (Ku-band, C-band, Ka-band, L-band, X-band, S-band), End User (Space & Communication, Military & Defense, Healthcare), Region and forecast till 2027.
Microwave Devices Market
Because of the significant advances in microwave transistor technologies, microwave device modeling—particularly nonlinear active device modeling—has been an insatiable field of research. Some of the technologies that have had a significant impact on circuit design are the gallium arsenide (GaAs) metal-semiconductor field-effect transistor (MESFET), the GaAs and indium phosphide (InP) high electron-mobility transistor (HEMT), the GaAs and silicon germanium (SiGe) heterojunction bipolar transistor (HBT), the silicon light-diffusion metal-oxide (LDMOS) field- In fact, physics-based models (directly derived from device geometry and semiconductor physics) and equivalent-circuit models are both driven by transistor technology and must therefore keep up with any changes in technology.
Drivers: Rising military & defense expenditure
The global political situation is likely to remain uncertain for a long time as a result of growing disagreements between two or more nations, such as the oil price war between Saudi Arabia and Russia and the withdrawal of US military forces from Afghanistan, among other things. To address this situation, regulatory bodies in various countries are requesting increased budgets from their respective governments. Although defence budgets around the world fell during the COVID-19 pandemic as governments focused on containing the virus and providing emergency relief, they may see a significant increase after 2021. As the global military sector focuses on developing cutting-edge warfare infrastructure for defence purposes in the face of current political uncertainty, as the popularity of microwave devices is skyrocketing.
Restraints: Device complexity
In electronic circuitry, the microwave device is a combination of active components such as transistors and tubes and passive components such as isolators, resistors, and filters. As a result of the design complexity, it is difficult to understand how microwave products work, resulting in inefficient end results. Furthermore, bulky electronic circuits require a lot of energy to work efficiently and are slow. With the rapid evolution of smartphone designs, cellular network requirements, and the increasing deployment of modern warfare infrastructure, device complexity is expected to be a major impediment to the adoption of microwave devices.
Impact of COVID-19
Because of the varied frequency availability, the microwave devices market has experienced unprecedented growth since its inception, with a broadening of application areas by different end users. The COVID-19 disaster disrupted the market's supply chain, resulting in decreased demand for these devices across multiple domains. However, the onset of COVID-19 during the first and second waves worldwide did not cause significant disruptions in the micorwave devices market because end users continued to rely on cutting-edge solutions to meet the massive demand for higher bandwidths as the global population works remotely.Rising military and defence spending, a growing need for secure and fast communications, and rising demand for microwave devices in patient monitoring are driving the growth of the microwave devices market.
Segmentation By Products:
On the basis of Products, the market is segmented into Active Devices and Passive Devices. The active microwave devices segment held a dominant share of the market and is expected to expand at a significant rate during the forecast period due to its widespread use in various defence and space electronics.
Segmentation By Frequency:
By Frequency, the market is segmented into KU-Band, C Band, KA-Band,L Band, X Band, S Band, Other Bands. During the forecast period, the Ku-band segment is expected to account for the largest share of the microwave devices market. The Ku-band (Ku stands for Kurz unter) represents the 12 GHz to 18 GHz mid-frequency range. It is used in satellite communication, specifically direct transmission for television, space shuttle, maritime, and industrial control systems. Because it has a lower throughput and is less susceptible to attenuation, Ku-band has been a pioneer in implementing high-speed communication channels. It also has shorter wavelengths, better spot beam coverage, and requires less investment. In recent years, these characteristics have paved the way for Ku-band compatible microwave devices, and this trend is expected to continue during the forecast period.
Segmentation By End User:
By End User the market is segmented into Space & communication, Military & Defense, Healthcare and others. Due to the widespread use of the devices in various space vehicles and satellites, the space & communication segment accounted for a sizable share of the market. The commercial segment accounted for a sizable share of the market and is expected to expand at a steady rate during the forecast period due to the increasing adoption of treatment instruments integrated with these devices.
Segmentation by Region
Based on region, the NGS services market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. During the forecast period, the North American region is expected to hold the largest share of the microwave devices market. Because of the rapid deployment of microwave devices in their warfare equipment, the market for microwave devices in the United States and North America is expected to see enormous growth during the forecast period. Furthermore, rising investments in 5G infrastructure are expected to drive microwave device market growth in 2020.
Competitive Landscape:
The microwave devices market players have implemented various types of organic as well as inorganic growth strategies, such as new product launches, and acquisitions to strengthen their offerings in the market. The major players in market are Thales Group (France), L3 Harris Technologies, Inc. (US), Teledyne Technologies Incorporated (US), CPI International Inc. (US), Qorvo, Inc. (US),
Industrial Development:
Qorvo, Inc. will release two Bulk Acoustic Wave (BAW) filters in September 2021. The pin-compatible QPQ3500 and QPQ3501 filters provide reduced insertion loss and improved out-of-band rejection to OEMs offering 5G base stations.
Thales Group will launch a product line of L-band satellite solutions in June 2021. This series is designed for increased mobility while still providing the benefits of Iridium. It includes a built-in 802.11b/g Wi-Fi access point with multiple user capabilities.
Teledyne Technologies RESON SeaBat T51-R Multibeam Echosounder that offers full swath coverage shallow water operations at 800 kHz without better efficiency will be released in June 2021.
Market taxonomy
By Product:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook