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Microwave Devices Market Share

Report ID: GMI11638
Published Date: Sep 2024
Report Format: PDF

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Microwave Devices Market Share

CPI International and L3Harris Technologies are major players in the microwave devices industry, each holding a significant share due to their advanced technology offerings and extensive industry experience. CPI International, a leading provider of high-performance microwave and RF components, is recognized for its broad portfolio, including amplifiers, switches, and transceivers. Its products are crucial for applications in aerospace, defense, telecommunications, and commercial markets, where reliability and precision are paramount. CPI’s commitment to innovations and quality ensures that it remains a key supplier in the microwave devices sector.

L3Harris Technologies, a prominent player, excels in delivering sophisticated microwave solutions for a variety of applications. L3Harris’s diverse product range includes advanced communication systems, radar technologies, and electronic warfare components. The company's focus on cutting-edge technology and its ability to cater to both commercial and defense sectors bolster its strong market position. L3Harris’s strategic investments in R&D, coupled with its extensive experience in high-tech solutions, reinforce its significant share in the market. Both companies’ dedication to technological advancements and their strong industry presence contribute to their leading roles in this competitive market.

Microwave Devices Market Companies

Major players operating in the microwave devices industry are:

L3Harris Technologies
Qorvo
Teledyne Technologies
CPI International
Toshiba
Richardson Electronics
Thales

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The global market size for microwave devices was valued at USD 7.7 billion in 2023 and is expected to grow at a CAGR of over 5% from 2024 to 2032, driven by the increasing demand for advanced communication systems.

The active segment is expected to register a CAGR of over 7% during the forecast period, due to the demand for higher data rates and improved connectivity.

North America accounted for over 35% of the global microwave devices industry in 2023, driven by robust aerospace & defense sectors and leadership in 5G deployment.

Major players in the microwave devices industry include L3Harris Technologies, Qorvo, Teledyne Technologies, CPI International, Toshiba, Richardson Electronics, and Thales.