Europe 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 Europe Integrated Microwave Assembly Market would witness market growth of 6.7% CAGR during the forecast period (2022-2028).
Frequency converters, which come in a variety of configurations, are the most efficient way to adapt fan and pump flow rates to the requirements of the system. To power an AC motor, it transforms conventional plant power into customizable voltage and frequency. Motor speed is determined by the frequency given to an AC motor. AC motors are typically identical to standard motors that can be plugged into an AC power line. Even if the inverter fails, the function can be maintained by incorporating bypass starters.
Frequency converters also have the added benefit of extending the life of bearings and pump seals. The pump is not exposed to any higher pressure than required since just the pressure required to meet system requirements is maintained via the pump. As a result, these components have a longer lifespan. The same benefits apply to fans controlled by frequency converters, but to a lesser extent. Many specifiers acquire extensive information from manufacturers in order to achieve maximum efficiency and reliability. This could include the efficiency of the frequency converter, necessary maintenance, frequency converter diagnostic capabilities, and basic operational features.
Weather and climate predictions rely heavily on X-band radars, which are widely employed in meteorological and climatological applications. It can also detect and warn of potential risks such as tornadoes, high winds, local storms, and heavy rainfall. X-band radar is also used extensively in aviation safety, where it improves operational effectiveness in the aviation industry. Moreover, it delivers critical flood warnings by continuously monitoring rainfall. As a result, rising demand for radar for weather and climate forecasting, as well as aviation safety, is anticipated to increase the employment of integrated microwave assembly across the regional market.
A spike in 5G testing tools and equipment is also being observed in Europe. In 2019, Vodafone built a 5G network in 15 Spanish cities, while EE launched a 5G network in six of the major UK cities. The industry in the region is also being driven by the increased demand for enhanced network connections and bandwidth.
The Germany market dominated the Europe Integrated Microwave Assembly Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $150.7 million by 2028. The UK market is estimated to grow at a CAGR of 5.8% during (2022 - 2028). Additionally, The France market would showcase a CAGR of 7.5% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
- Rest of Europe
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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