Europe Waveguide Components and Assemblies Market Size, Share & Industry Trends Analysis Report By Spectrum (X-ray, Microwave, Radio, EO/IR, Ultraviolet, and Gamma ray), By Sector, By Component, By Country and Growth Forecast, 2022 - 2028
Special Offering: Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
Get in-depth analysis of the COVID-19 impact on the Europe Waveguide Components and Assemblies Market
Market Report Description
The Europe Waveguide Components and Assemblies Market would witness market growth of 4.6% CAGR during the forecast period (2022-2028).
Satellites with higher transmission capacity and a bigger number of beams are in high demand these days. Wide bandwidth along with high power levels of more than 2 kW per polarization is required to achieve large data speeds and boost spectral efficiency. Multi-spot beam antennas, in particular, require a high number of horns and a complicated polarizer assembly. As a result, new expectations for accommodations, bulk, cost, and lead time have emerged. The adoption of emerging advanced manufacturing technologies holds promise for meeting these needs.
For launchers, propulsion, satellites, and spacecraft elements, additive layer manufacturing is a promising new technology. Brackets and pipelines for upper stage structures, as well as injectors and valve plates for propulsion and fluid control equipment, are typical additive layer manufacturing components for launchers.
The regional aviation industry is flourishing. According to the Privacy Shield Framework, with 2018 revenues of USD 47.2 billion, Germany is Europe's third-largest aerospace and defense market, following the United Kingdom (GBP 78 or USD 104.2 billion, including land defense systems) and France (USD 77.2 billion). Three-quarters of German output, or USD 35.5 billion, is exported. With USD 12.3 billion in exports. As part of their geographically scattered production model with many major facilities in Germany and France, Airbus intra-company commerce accounts for the majority of these exports. In 2017, the German homeland security and public safety market was worth USD 20.3 billion. In August 2018, this number was revealed at the Security Essen trade event. It is slightly higher than the prior estimate of USD 19.2 billion in this study. The industry is expected to grow at a steady pace through 2020, owing to continuous enhancements to Germany's internal security and migration enforcement infrastructure, as well as increased demand for security services. In 2018, the security services market surged by 2.5% to USD 10.34 billion, accounting for half of the whole industry.
The Germany market dominated the Europe Waveguide Components and Assemblies Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $113.4 million by 2028. The UK market is anticipated to grow at a CAGR of 3.7% during (2022 - 2028). Additionally, The France market would showcase a CAGR of 5.3% during (2022 - 2028).
Based on Spectrum, the market is segmented into X-ray, Microwave, Radio, EO/IR, Ultraviolet, and Gamma ray. Based on Sector, the market is segmented into Aviation & Defense and Space. Based on Component, the market is segmented into Loads & Filters, Adapters, Couplers, Isolators & Circulators, Duplexers, Phase Shifters, Power Combiners, 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 Northrop Grumman Corporation, Teledyne Technologies, Inc., Cobham Advanced Electronic Solutions, Eravant, Inc., SAS Industries, Inc., Quantic Electronics, Millimeter Wave Products, Inc., ETL Systems, M2 Global Technology, Ltd., and Ducommun Incorporated.
Scope of the Study
Market Segments Covered in the Report:
- Gamma ray
- Aviation & Defense
- Loads & Filters
- Isolators & Circulators
- Phase Shifters
- Power Combiners
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Northrop Grumman Corporation
- Teledyne Technologies, Inc.
- Cobham Advanced Electronic Solutions
- Eravant, Inc.
- SAS Industries, Inc.
- Quantic Electronics
- Millimeter Wave Products, Inc.
- ETL Systems
- M2 Global Technology, Ltd.
- Ducommun Incorporated
Unique Offerings from KBV Research
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free