Waveguide Components and Assemblies Industry Size

The report "Waveguide Components and Assemblies Market by Sector, Spectrum, Component (Adapters, Couplers, Loads and Filters, Isolators and Circulators, Duplexers, Phase Shifters, Power Combiners, Pressure Windows) and Region - Global Forecast to 2027", is estimated at USD 1.3 billion in 2022 and is projected to reach USD 1.6 billion by 2027, at a CAGR of 4.8% from 2022 to 2027. The market exhibits lucrative growth potential during the forecast period primarily due to the advancements in radar technologies, increased demand for microwave devices in electronic warfare systems and increasing launches of satellites and space exploration missions.

Browse 178 market data Tables and 36 Figures spread through 201 Pages and in-depth TOC on "Waveguide Components and Assemblies Market by Sector, Spectrum, Component (Adapters, Couplers, Loads and Filters, Isolators and Circulators, Duplexers, Phase Shifters, Power Combiners, Pressure Windows) and Region - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/waveguide-components-assemblies-market-165920832.html

The radio segment accounts for the largest market size during the forecast period

Based on spectrum, the waveguide components and assemblies market is segmented into radio, microwave, electro-optical/infrared (EO/IR), ultraviolet, x-ray, and gamma ray. The drastic rise in communication and high-speed connectivity requirement is likely to increase the production of photonic devices and associated waveguide products and components. Most common wireless technologies utilize radio, in which distances can be as short as that for television or a few millions of kilometers for deep-space radio communications.

The isolators and circulators segment is projected to grow at the highest CAGR during the forecast period

Based on component, the waveguide components and assemblies market has been segmented into adapters, couplers, loads and filters, isolators and circulators, duplexers, phase shifters, power combiners and pressure windows. The isolators and circulators segment is estimated to grow at  a highest CAGR in the waveguide components and assemblies market during the forecast period. The adoption of isolators and circulators in several industrial applications to prevent the magnetron from overheating, is likely to push the market growth.

“North America is projected to grow at the highest CAGR during the forecast period.”

North America is projected to be the fastest-growing region in the waveguide components and assemblies market during the forecast period, backed by significant development in defense systems and rising demand for radar systems. The emergence of the latest techniques of high-speed cloud computing is likely to arise as a significant growth-inducing factor for the global waveguide components and assemblies market in the coming years. The rising internet connectivity, demand for Wi-Fi facilities in flying aircraft, and low power consumption can boost the demand for waveguide components and assemblies over the forecast period in North America.

Major players operating in the waveguide components and assemblies market include Quantic Electronics (US), Millimeter Wave Products Inc. (US), Cobham Limited (UK), Ducommun Incorporated (US), and ETL Systems (UK), among others. These companies have advance technologies and strong distribution networks across North America, Europe, and other regions.

Don’t miss out on business opportunities in Waveguide Components and Assemblies Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]