Global Microwave Devices Market to Reach USD 10.4 Billion by 2033, Propelled by Emerging Military and Defense Applications

November 21, 2024 | Electronics and Semiconductors

IMARC Group’s latest report, titled “Microwave Devices Market Report by Product Type (Passive Microwave Devices, Active Microwave Devices), Frequency (L Band, X Band, S Band, C Band, Ku Band, Ka Band, and Others), Application (Defense, Commercial, Space and Communication, and Others), and Region 2025-2033,” finds that the global microwave devices market size reached USD 6.6 Billion in 2024. Microwave devices refer to electronic devices that can generate, amplify, modify, detect, and measure microwaves. They enable users to send and receive voice, video, and data information by providing high-speed wireless connections. They have excellent bandwidth that facilitates high rates of data transmission. They are widely used in point-to-point communications on the surface of the Earth and satellite and deep-space radio communications. As a result, microwave devices find extensive applications in satellite communications, radar signals, sensor systems, radio astronomy, and navigation systems.

Global Microwave Devices Market Trends:

The emerging military and defense applications of microwave devices due to the surging need for enhanced communication services for transferring confidential information represents the primary factor driving the market growth. Besides this, the increasing usage of high-power microwave technology in developing electromagnetic bombs during strategic and tactical information warfare is another major growth-inducing factor. In addition, there has been rising product adoption in the healthcare sector for medical imaging, cancer detection, thermal ablation of tissues, and bleeding coagulation in vascular organs. Along with this, the growing utilization of microwave devices in advanced warming devices used in operating rooms and intensive care units (ICUs) to assist patients with hypothermia or other rare conditions has augmented the product demand. Furthermore, the leading manufacturers are introducing next-generation microwave devices with hybrid spin electromagnetic waves in ferrite-ferroelectric layered structures. In line with this, several product innovations, such as the launch of improved and expanded lines of attenuators and terminations, cavity filters, and directional couplers, have propelled market growth. Other factors, including the rising incidences of chronic diseases, increasing space exploration activities, surging penetration of wireless communication networks, and shifting focus toward the implementation of connected technology, such as the Internet of Things (IoT), are also creating a favorable market outlook. Looking forward, IMARC Group expects the market value to reach USD 10.4 Billion by 2033, expanding at a CAGR of 4.7% during 2025-2033.

Market Summary:

  • Based on the product type, the market has been bifurcated into passive and active microwave devices.
  • On the basis of the frequency, the market has been classified into L, X, S, C, Ku, Ka, and other bands.
  • The market has been segregated based on the application into defense, commercial, space and communication, and others. 
  • Region-wise, the market has been divided into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
  • The competitive landscape of the market has also been examined, with some of the key players being Analog Devices Inc., CPI International Inc., Kratos Defense & Security Solutions Inc., L3Harris Technologies Inc., Littelfuse Inc, MACOM Technology Solutions, Microchip Technology Inc., Qorvo Inc, Teledyne Technologies Incorporated, Thales Group, and Toshiba Corporation.
     

Report Coverage:

Report Features Details
Base Year of the Analysis 2024
Historical Period 2019-2024
Forecast Period 2025-2033
Units Billion USD
Segment Coverage Product Type, Frequency, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Analog Devices Inc., CPI International Inc., Kratos Defense & Security Solutions Inc., L3Harris Technologies Inc., Littelfuse Inc, MACOM Technology Solutions, Microchip Technology Inc., Qorvo Inc, Teledyne Technologies Incorporated, Thales Group and Toshiba Corporation
Customization Scope 10% Free Customization
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas: +1 631 791 1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Microwave Devices Market to Reach USD 10.4 Billion by 2033, Propelled by Emerging Military and Defense Applications
Purchase Options Discount
Offer
Benefits of Customization
  • Personalize this research
  • Triangulate with your data
  • Get data as per your format and definition
  • Gain a deeper dive into a specific application, geography, customer, or competitor
  • Any level of personalization

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials