Asia Pacific Integrated Microwave Assembly Market Size, Share & Industry Trends Analysis Report By Frequency (Ku-Band, C-Band, X-Band, Ka-Band, L-Band, S-Band), By Vertical, By Product, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific Integrated Microwave Assembly Market would witness market growth of 7.6% CAGR during the forecast period (2022-2028).
The increased defense investment internationally to design modern combat equipment, such as secure communication devices and military radars, is likely to accelerate the growth of the integrated microwave assembly market. Similarly, as technology advances and the deployment of 5G accelerates, the demand for these integrated microwave assembly-based Radio Frequency modules has surged, offering the lucrative potential for market players across the region.
C-band signals can be picked up by airplane radio altimeters, which are used to determine the distance of an airliner from the ground for landings in bad weather. These altimeters are not designed to utilize the same band as the 5G network. The frequency of airlines is 400MHz distant from the 2022 launch networks, but some are not designed to filter out nearby frequencies because they were not being used as much at the time the altimeters were developed.
Artificial intelligence along with virtual and augmented reality, the internet of things, and other technologies are all gaining traction in the region. Because of the rising demand for connected and smart devices, Asia Pacific is anticipated to rise at an exponential rate during the forecast period. Due to the presence of manufacturers of chipsets, devices, and other hardware on a significant scale, China is one of the nations that are offering various growth prospects to integrated microwave assembly market players. This would certainly increase the demand for 5G testing equipment.
Moreover, major market players in China, Japan, and South Korea are expected to prioritize the installation of 5G network infrastructure for healthcare, manufacturing, media and entertainment, transportation and logistics, and other industry verticals.
The China market dominated the Asia Pacific Integrated Microwave Assembly Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $189.8 million by 2028. The Japan market is anticipated to grow at a CAGR of 6.9% during (2022 - 2028). Additionally, The India market would experience a CAGR of 8.2% during (2022 - 2028).
Based on Frequency, the market is segmented into Ku-Band, C-Band, X-Band, Ka-Band, L-Band, S-Band, and Others. Based on Vertical, the market is segmented into Military & Defense, Communication, Avionics, and Others. Based on Product, the market is segmented into Amplifiers, Frequency Converters, Oscillators, Frequency Synthesizers, Transceivers, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Analog Devices, Inc., Teledyne Technologies, Inc., National Instruments Corporation, Qorvo, Inc., MACOM Technology Solutions Holdings, Inc., Cobham Advanced Electronic Solutions, CPI International, Inc., API Technologies, Integrated Microwave Corporation (Knowles Precision Devices) (Knowles Corporation), and Narda-MITEQ (J.F.Lehman & Company).
Scope of the Study
Market Segments Covered in the Report:
- Military & Defense
- Frequency Converters
- Frequency Synthesizers
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Analog Devices, Inc.
- Teledyne Technologies, Inc.
- National Instruments Corporation
- Qorvo, Inc.
- MACOM Technology Solutions Holdings, Inc.
- Cobham Advanced Electronic Solutions
- CPI International, Inc.
- API Technologies
- Integrated Microwave Corporation (Knowles Precision Devices) (Knowles Corporation)
- Narda-MITEQ (J.F.Lehman & Company)
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