The integrated microwave assembly market is expected to grow from USD 1.5 billion in 2022 to USD 2.0 billion by 2027; it is expected to grow at a CAGR of 6.8% during the forecast period. The growth of the integrated microwave assembly market is expected to be driven by the rising defense expenditure globally to design advanced warfare equipment, including secure communication products and military radars. Likewise, with technological advancements and rapid growth in the adoption of 5G, the demand for integrated microwave assembly-based RF modules has increased significantly, creating lucrative opportunities for the market players.
Major players in the integrated microwave assembly market have primarily adopted partnership and contract strategies to strengthen their position in the market.
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Analog Devices (US) and Teledyne Technologies (US) are major players in integrated microwave assembly market.
Analog Devices is an analog technology company that designs, manufactures, and markets a portfolio of integrated circuits (ICs), algorithms, software, and subsystems. It offers sensors, data converters, amplifiers and linear products, radio frequency (RF) ICs, power management products, and other signal processing products.
Teledyne Technologies is a supplier of instrumentation, computerized imaging, aviation hardware, and designed frameworks. The company’s product portfolio includes computerized imaging sensors, cameras, and frameworks deployed for infrared and X-beam spectra and integrated microwave assemblies. It offers integrated microwave assemblies through the Teledyne Defense Electronics business unit. Teledyne Technologies serves a range of industries, including aerospace & defense, factory automation, electronics, and communications.
Integrated Microwave Assembly Market with COVID-19 Impact Analysis, by Product (Amplifiers, Frequency Synthesizers, Oscillators), Frequency, Vertical (Avionics, Communication, Military & Defense) and Geography - Global Forecast to 2027
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