What is the current Microwave Devices Market size?

The Microwave Devices Market is projected to register a CAGR of 3.23% during the forecast period (2024-2029) Read More

Who are the key players in Microwave Devices Market?

L3 Technologies, Thales Group, Cytec Corporation and Richardson Electronics, Ltd are the major companies operating in the Microwave Devices Market. Read More

Which is the fastest growing region in Microwave Devices Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Microwave Devices Market?

In 2024, the North America accounts for the largest market share in Microwave Devices Market. Read More

What years does this Microwave Devices Market cover?

The report covers the Microwave Devices Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Microwave Devices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Microwave Devices Market Size & Share Analysis - Industry Research Report

Microwave Devices Industry Overview

The microwavedevices market is competitive in nature, owing to the presence of global players. Some of the key vendors areL3 Technologies,Thales Group,Teledyne Technologies, Inc,Cytec Corporation andRichardson Electronics, Ltd.Huge expenditure by the governments on defense , space communication sector is expected to open new opportunities for microwave devices globally which in return will increase the competition among players.Product launches, high expense on research and development, partnerships and acquisitions, etc. are the prime growth strategies adopted by these companies to sustain the intense competition. Some of the recent developments are:

August 2019 -Communications & Power Industries LLC (CPI) has entered into an agreement to purchase SATCOM Technologies, the antenna systems business of General Dynamics Mission Systems, Inc., a business unit of General Dynamics.This business would complement CPI’s existing portfolio of communications products for government, military, and commercial applications.
May 2019 -API Technologies Corp has been acquired by an affiliate of AEA Investors LP. This acquisition would enhance the product portfolio and customer base of the AEA investors in terms of high-performanceRF and microwave signal conditioning and electromagnetic spectrum management solutions.