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.
Full Research Report on Global Microwave Devices Market
Analysis:
http://www.grandviewresearch.com/industry-analysis/microwave-devices-market
http://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
View more reports of
this category by Grand View Research at: http://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)
View
Press Release Of This Research Report By Grand View Research: http://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.
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 Information visit us: www.grandviewresearch.com
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