Microwave Devices Market Forecast Report To 2020: Grand View Research, Inc.

The global microwave devices market is expected to witness substantial growth over the forecast period owing to the extensive use of microwave devices in emerging application fields such as science and defense. Increasing demand from military applications is anticipated to be a key factor that drives the microwave devices market growth. Additionally, increasing adoption of microwave devices in navigation radar for Unmanned Aerial Vehicles (UAVs) may favorably impact the global microwave devices market growth. Applications including sterilization and food decontamination are also expected to drive market growth over the next few years.

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Microwave devices can be defined as any device capable of amplifying, generating, modifying, measuring or detecting microwaves, or voltages having microwave frequencies. The microwave devices market includes Magnetron, Klystrons, TWT, and Thyratron. Recent developments in the field of compound semiconductors in power amplification domain resulted in migration of a number of power applications from tube-based to solid state amplification. This transition is attributed to the recent developments in Silicon Carbide (SiC) and Gallium Nitride (GaN) devices. Availability of military microwave power tubes offers new avenues for market growth. In addition, technological advancements coupled with rise in spoofing and jamming activities may provide growth opportunities in the global microwave devices market.

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The microwave devices market is poised for growth owing to the ability of microwave devices to produce mega watts of power paired with onset of digital age. However, increasing popularity of Gallium Nitride (GaN) devices and lack of standardization may pose a challenge to market growth over the forecast period. Applications of microwave devices include science, industry, medical, space, defense, and broadcast navigation. Additionally, microwave devices find numerous applications for systems with limitations on consumption, size, power dissipation, and weight.

North America, particularly, the U.S. is estimated to account for a significant market share in the global microwave devices market over the forecast period closely followed by Europe. Asia Pacific is expected to exhibit high growth owing to rapid developments in countries such as China, India, and Japan. Key industry players include Triton Services Inc., TMD Technologies Ltd., Toshiba Corp., Thales Group, Teledyne Technologies, RF Micro Devices, L-3 Communications, Richardson Electronics, Electron Energy Corporation, e2V, Communication & Power Industries, and API Technologies.

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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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

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