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.
 |
| North America microwave devices market, by application, 2014 - 2024 (USD Billion) |
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: www.grandviewresearch.com/industry-analysis/microwave-devices-market
Further key
findings from the report 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 more
reports of this category by Grand View Research: www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
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)
Access
Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-microwave-devices-market
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.
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