Microwave Devices Market worth $1.2 Billion by 2019, According to a New Study

Tuesday 2 September 2014, Amsterdam

According to a new market research report, "Microwave Devices Market by Application (Medical, Space, Defense, Science, Industry, Broadcast Navigation), by Product (Klystron, Thyratron, Travelling Wave Tube, Magnetron), by Geography (North America, Europe, Asia-Pacific, The Middle-East, Latin America, Africa) - Forecasts & Analysis to 2014 - 2019", now available on ASDReports. The global microwave devices market is expected to register a growth of3.40%, and reach $1.2 billion by 2019.

This report provides a market analysis of the global microwave devices over the next five years. It provides a detailed analysis of both the historic and forecast global industry values, factors influencing demand, the challenges faced by the industry participants, analysis of the leading companies in the industry, and other key news. It provides information about the leading competitors in the global market. Apart from a general overview of these companies, it also provides details on their financial positions, key products, their unique selling points, and key developments. This research report also segments the market on the basis of product type, application and geography, country, forecasting market size, market share, and analyzing trends in each of the sub segments.

The global microwave devices market is expected to register a growth of 3.40%, and reach $1.2 billion by 2019. The increase in the number of navigation radars used by UAV and the onset of digital age are the driving factors of the global market.

The report discusses the market opportunities for various microwave tubes used for radar, electronic warfare, communication, science, industry, and defense applications during the forecast period (2014-2019). The microwave devices, which are covered in the report, are Klystron, Magnetron, and TWT. The major players such as Thales (France), CPI (U.S.), Teledyne (U.S.), L-3 Communication (U.S.) and e2V (U.K) play a major role in the industry. U.S. and Europe are the key players of the microwave industry, in terms of region.