Praj Nene

The global microwave devices market size is expected to showcase considerable growth by reaching USD 9.00 billion by 2027 while exhibiting a CAGR of 5.45% between 2020 and 2027. Fortune Business Insights published this information in its latest report, titled, “Microwave Devices Market, 2020-2027”. The report further mentions that the market stood at USD 6.12 billion in 2019 and is projected to experience exponential growth during the forecast period. This is attributable to the increasing demand for advanced communication services and the increasing focus on launching advanced communication satellites that will favor the adoption of microwave devices globally. For instance, on 26th March 2020, the U.S. Space Force announced the launch of Alliance Atlas 5 rocket carrying worth USD 1.20 billion military communication satellites. List of the Companies Profiled in the Global Market: Analog Devices Inc. (The U.S.) Communications & Power Industries LLC (CPI) (The U.S.) General Dynamics Corporation (The U.S.) Kratos Defense & Security Solutions, Inc. (The U.S.) L3Harris Technologies, Inc. (The U.S.) MACOM Technology Solutions Inc. (The U.S.) Microsemi Corporation (The U.S) Microwave Technology, Inc. (The U.K.) Qorvo Inc. (The U.S.) Richardson Electronics, Ltd. (The U.S.) Teledyne Technologies Incorporated (The U.S.) Thales Group (France) TMD Technologies Ltd (The U.K.) Toshiba Corporation (Japan) Information Source:- https://www.fortunebusinessinsights.com/microwave-devices-market-103542