Microwave Devices Market worth $8.22 Billion by 2022

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Microwave Devices Market worth 8.22 Billion by
2022, at a CAGR of 6.24 from 2017 to 2022
Exclusive Report by MarketsandMarkets
The report "Microwave Devices Market by Type
(Active Microwave Devices, Passive Microwave
Devices), Frequency (L-Band, S-Band, C-Band,
X-Band, Ku-Band, Ka- Band), Application (Space
Communication, Defense, Commercial), and
Region - Global Forecast to 2022", The
microwave devices market is projected to
grow from an estimated USD 6.07 Billion in
2017 to USD 8.22 Billion by 2022, at a
CAGR of 6.24 during the forecast period.
Growth in the usage of various solid state
devices along with vacuum electron
microwave devices in various defense and
commercial applications have led to demand for
microwave devices. Browse 108 market data tables
and 45 figures spread through 155 pages and
in-depth TOC on "Microwave Devices Market -
Global Forecast to 2022" Download PDF Brochure
_at_ https//www.marketsandmarkets.com/pdfdownloadNe
w.asp?id45733263 Early buyers will receive 10
customization on this report. Based on type, the
active microwave devices segment of the microwave
devices market is projected to account for the
largest share during the forecast period Based
on type, the active microwave devices segment of
the microwave devices market is projected to
account for the largest share between 2017 and
2022. The increased usage of various solid-state
microwave devices such as Solid State Power
Amplifiers (SSPA) along with Travelling Wave
Tube Amplifiers (TWTA) in various applications,
has contributed to the growth of the
market. Based on frequency, the Ku-band segment
is projected to grow at highest CAGR of the
microwave devices market during the forecast
period
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Based on frequency, the Ku-band segment is
estimated to grow at highest CAGR in the
microwave devices market during the forecast
period. Usage of these frequencies for various
satellite systems and defense systems, and
various satellites that use Ku-band frequencies
for broadcasting and communication are leading to
the growth of the market. Based on application,
the space communication segment is projected to
lead the microwave devices market during the
forecast period from 2017 to 2022 Based on
application, the space communication segment is
projected to lead the microwave devices market
during the forecast period. The growth of this
segment of the market can be attributed to
increased investments by countries such as the
US, China, India, Russia, and France for the
development of satellite communication and
broadcasting products and services. North
America is projected to lead the microwave
devices market during the forecast period North
America is projected to lead the microwave
devices market during the forecast period.
Moreover, the North America microwave devices
market is projected to account for the largest
share from 2017 to 2022. The growth in
investments in space communication along with
high defense expenditure are a few factors
fueling the growth of the North America
microwave devices market. Ask for Sample Report
_at_ https//www.marketsandmarkets.com/requestsampleN
ew.asp?id45733263 Key Market Players Communicati
ons Power Industries (CPI) (US), Thales
(France), Teledyne (US), and L- 3 Communications
(US), among others, are the key players operating
in the microwave devices market. Dont miss out
on business opportunities in Microwave Devices
Market. Speak to our analyst and gain crucial
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