- Summary
- Table Of Content
- Methodology
Microwave Equipment Market Size:
Microwave Equipment Market size is estimated to reach over USD 10,294.93 Million by 2032 from a value of USD 6,958.51 Million in 2024 and is projected to grow by USD 7,178.40 Million in 2025, growing at a CAGR of 5.4% from 2025 to 2032.
Microwave Equipment Market Scope & Overview:
Microwave equipment (ME) refers to devices that primarily operate in the microwave frequency range, typically ranging from 300 MHz to 300 GHz. Microwave devices are used for generating, transmitting, and receiving microwave signals for various applications. Moreover, microwave devices offer several benefits such as fast processing, high efficiency, improved precision and control, reliability, and others. Additionally, microwave devices are used in several industries including telecommunication, military & defense, consumer electronics, healthcare, transportation, and others.
Microwave Equipment Market Dynamics - (DRO) :
Key Drivers:
Expansion of telecommunication sector is driving the microwave equipment market growth
Microwave equipment plays a vital role in telecommunication sector for facilitating high-speed data transmission, voice communication, and internet services. Microwave devices are primarily used in telecommunication sector for several applications involving point-to-point communication, satellite communication, cellular networks, and others. Moreover, microwave equipment such as antennas and amplifiers, are typically used in telecom base station setups in cellular networks. These systems enable signal transmission between mobile devices and the network, which facilitates voice calls, text messages, and internet services.
- For instance, Telefonica, a Spanish multinational telecommunications company, deployed its 5G services to approximately 1,400 municipalities in Spain in 2022 and 2,400 municipalities by 2023. Additionally Telefonica installed 700MHz 5G base stations for serving 700 towns and cities throughout Spain as of February 2022.
Thus, the growing deployment of 5G networks and rising development of 5G base stations are increasing the adoption of microwave devices for facilitating high-speed data transmission and communication, in turn driving the microwave equipment market size.
Key Restraints:
Prevalence of stringent regulations is restraining the microwave equipment market
The manufacturers of microwave equipment have to comply with numerous stringent standards such as ISO (International Organization for Standardization) Standard - ISO 9001, FCC (Federal Communications) standard, United States Military Standard (MIL-STD) and others, which is a primary factor constraining the market growth.
For instance, ISO 9001 standard specifies particular requirements for a quality management system. Microwave device manufacturers must comply with the ISO standard for demonstrating the ability to consistently provide products and services that meet regulatory and customer requirements. Additionally, FCC standard includes a set of flexible standards that are applicable for directional microwave antennas.
Further, microwave devices intended for military & defense usage in the United States must comply with MIL-STD. Therefore, the prevalence of the aforementioned regulations and standards associated with manufacturing microwave devices are hindering the microwave equipment market expansion.
Future Opportunities :
Rising investment in aerospace & defense sector is expected to drive the microwave equipment market opportunities
Microwave equipment is primarily used in aerospace & defense sector for application in communication systems, radar systems, electronic warfare systems, and others. Microwave devices are often used for secure and reliable communication links among military units. Moreover, microwave components are used in radar systems, including ground-based, airborne, and naval radar installations, for surveillance and reconnaissance purposes among others.
- For instance, according to the European Defense Agency, the general budget for European Defence Agency was valued at USD 50,369.80 million in 2024, witnessing an increase of 7.9% and 19.6% in comparison to USD 46,649.40 million in 2023 and USD 42,100.90 million in 2022 respectively.
Hence, as per the analysis, the rising investment in aerospace & defense sector is projected to increase the demand for microwave devices for application in communication systems, radar systems, and others. The above factors are anticipated to drive the microwave equipment market opportunities during the forecast period.
Microwave Equipment Market Segmental Analysis :
By Product Type:
Based on product type, the market is segmented into microwave antenna, microwave generators, microwave amplifiers, and others.
Trends in the Product type:
- Increasing trend towards adoption of microwave antenna in telecommunication and aerospace & defense applications among others.
- Rising advancements associated with microwave generators with advanced features such as broad frequency range, increased efficiency, and others.
The microwave antenna segment accounted for the largest revenue share of 36.85% in the total microwave equipment market share in 2024.
- Microwave antenna refers to a type of antenna that is designed for transmitting and receiving microwave signals that operate within a frequency range between 300 MHz and 300 GHz.
- Microwave antenna transmit microwave transmissions between two or more locations. These antennas can be highly directional or omni-directional, and they are mainly utilized for focusing microwave energy into a narrow beam for efficient signal transmission and reception.
- Moreover, microwave antenna offers numerous benefits including wide frequency range, high directivity, and low signal loss among others.
- For instance, in December 2023, Raytheon, a business group of RTX Corporation announced that it will design, build, and test two high-power microwave antenna systems for the United States military sector, under a three-year USD 31.3 million contract.
- According to the microwave equipment market analysis, the rising innovations associated with microwave antenna are driving the microwave equipment market growth.
Microwave generators segment is anticipated to register substantial CAGR growth during the forecast period.
- Microwave generators refer to devices that produce microwave signals and are capable of converting electricity into microwave energy. This energy is further utilized in several industries for numerous applications.
- Moreover, microwave generators provide a range of benefits broad frequency range, rapid heating, increased efficiency, and others.
- For instance, in April 2024, Rohde & Schwarz introduced its new R&S SMB100B model of microwave signal generator. The microwave signal generator offers excellent output power, very low close-in phase noise, spectral purity, and others.
- Therefore, the increasing advancements related to microwave generators are anticipated to boost the microwave equipment market size during the forecast period.
By Frequency:
Based on frequency, the market is segmented into L-band, X-band, S-band, C-band, Ku-band, Ka-band, and others.
Trends in the Frequency:
- There is an increasing trend towards adoption of Ku-band microwave devices, attributing to its benefits such as improved signal quality, wide bandwidth, and high data transmission rates.
- Rising integration of Ku-band microwave devices for satellite communication, broadcasting, and telecommunications applications among others.
Ku-band segment accounted for a significant revenue share in the overall microwave equipment market share in 2024, and it is anticipated to register substantial CAGR growth during the forecast period.
- Ku-band is part of the microwave frequency spectrum, with frequency range from 12 GHz to 18 GHz.
- Moreover, Ku-band offers broad range of benefits such as high throughput, improved signal quality, enhanced scalability, wide bandwidth, high data transmission rates, and others.
- Additionally, Ku-band frequency microwave devices are primarily used in satellite communications, broadcasting, and telecommunications applications among others.
- For instance, in September 2023, Airbus SE designated Safran Passenger Innovations as its Ku-band satellite communication hardware supplier, with the aim of integrating Get-SAT's electronically steerable antenna for improving its satellite communications.
- Therefore, the rising adoption of Ku-band antennas for satellite communications and telecommunications applications is driving the microwave equipment market trends.
By End User:
Based on the end user, the market is segmented into telecommunication, aerospace & defense, healthcare, transportation, and others.
Trends in the End user:
- Factors including the increasing demand for wireless communication, growing deployments of 5G infrastructure, and rising adoption of advanced communication devices are key trends driving the telecommunication segment.
- Factors including increasing investments in military & defense equipment, rising production of air defense systems, and advancements in radar systems are boosting the growth of the aerospace & defense segment.
Telecommunication segment accounted for the largest revenue share in the total market in 2024.
- This dominance is attributed to the rising adoption of microwave devices in telecommunication sector for facilitating high-speed data transmission, voice communication, and internet services.
- Microwave devices are primarily used in telecommunication sector for several applications involving point-to-point communication, satellite communication, cellular networks, base stations, and others.
- For instance, according to VIAVI Solutions Inc., approximately 2,497 cities worldwide have deployed commercial 5G networks across 92 countries as of 2022.
- According to the analysis, the rising deployment of 5G network is increasing the adoption of microwave devices for application in telecom base stations, thereby, driving the microwave equipment market.
Aerospace & defense segment is anticipated to register a significant CAGR growth during the forecast period.
- Microwave devices are primarily used in aerospace & defense sector for application in communication systems, radar systems, electronic warfare systems, and others.
- Moreover, microwave devices are often used for secure and reliable communication links among military units. Microwave devices are also used in radar systems, including ground-based, airborne, and naval radar installations, for surveillance and reconnaissance purposes among others.
- For instance, according to the European Commission, a budget of approximately USD 9.1 billion was allocated to the European Defence Fund for the period 2021-2027. The defence fund aims at facilitating collaborative defence research and development projects supplementing national contributions.
- Therefore, the increasing investment in aerospace & defense sector is expected to drive the market during the forecast period.
Regional Analysis:
The regions covered are North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
Asia Pacific region was valued at USD 1,881.20 Million in 2024. Moreover, it is projected to grow by USD 1,945.82 Million in 2025 and reach over USD 2,872.29 Million by 2032. Out of this, China accounted for the maximum revenue share of 33.8%. As per the microwave equipment market analysis, the adoption of microwave device in the Asia-Pacific region is primarily driven by the growing telecommunication, military & defense, and other sectors. Additionally, increasing investments in telecom base stations, specifically 5G base stations, are further accelerating the microwave equipment market expansion.
- For instance, according to the Department of Telecommunication of India, the overall deployment of 5G base stations across India reached up to 464,990 base stations as of December 2024, depicting an increase of 10.8% from 419,845 base stations in January 2024. The above factors are driving the adoption of microwave devices in telecom base stations, in turn driving the market in the Asia-Pacific region.
North America is estimated to reach over USD 3,530.13 Million by 2032 from a value of USD 2,385.49 Million in 2024 and is projected to grow by USD 2,460.92 Million in 2025.
In North America, the growth of microwave equipment industry is driven by the rising adoption of microwave devices in aerospace & defense, telecommunication, and other sectors. Similarly, the growing investments in aerospace & defense industry are contributing to the microwave equipment market demand.
- For instance, the S. Government allotted USD 883.7 billion budget for national defence for FY 2024, among which USD 841.4 billion was allocated for the United States Department of Defence. The above factors are expected to propel the microwave equipment market trends in North America during the forecast period.
Additionally, the regional analysis depicts that growing telecommunication sector, rising penetration of 5G infrastructure in several countries across Europe, significant investments in healthcare sector are driving the microwave equipment market demand in Europe. Furthermore, as per the market analysis, the market demand in Latin America, Middle East, and African regions is expected to grow at a considerable rate due to factors such as growing transportation sector, along with increasing investments in telecom infrastructure and military & defense sector among others.
Top Key Players and Market Share Insights:
The global microwave equipment market is highly competitive with major players providing products to the national and international markets. Key players are adopting several strategies in research and development (R&D), product innovation, and end-user launches to hold a strong position in the microwave equipment market. Key players in the microwave equipment industry include-
- CommScope (U.S)
- Huawei Technologies Co., Ltd. (China)
- Kratos Defense & Security Solutions Inc. (U.S)
- Chelton Limited (United Kingdom)
- Rohde & Schwarz (Germany)
- ZTE Corporation (China)
- MACOM (U.S)
- RTX Corporation (U.S)
- Communications & Power Industries LLC (U.S)
- L3Harris Technologies Inc. (U.S)
- Teledyne Technologies Incorporated (U.S)
Recent Industry Developments :
Product Launch:
- In June 2024, MACOM introduced its latest microwave, RF, and millimeter wave products including a Ka-Band amplifier, operating in the 33 to 37 GHz band. The amplifier is based on 140 nm GaN-on-SiC technology.
- In April 2024, Rohde & Schwarz launched its new R&S SMB100B model of microwave signal generator. The microwave signal generator provides several features such as excellent output power, very low close-in phase noise, spectral purity, and others.
Microwave Equipment Market Report Insights :
| Report Attributes | Report Details |
| Study Timeline | 2019-2032 |
| Market Size in 2032 | USD 10,294.93 Million |
| CAGR (2025-2032) | 5.4% |
| By Product Type |
|
| By Frequency |
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| By End User |
|
| By Region |
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| Key Players |
|
| North America | U.S. Canada Mexico |
| Europe | U.K. Germany France Spain Italy Russia Benelux Rest of Europe |
| APAC | China South Korea Japan India Australia ASEAN Rest of Asia-Pacific |
| Middle East and Africa | GCC Turkey South Africa Rest of MEA |
| LATAM | Brazil Argentina Chile Rest of LATAM |
| Report Coverage |
|
Key Questions Answered in the Report
How big is the microwave equipment market? +
The microwave equipment market was valued at USD 6,958.51 Million in 2024 and is projected to grow to USD 10,294.93 Million by 2032.
Which is the fastest-growing region in the microwave equipment market? +
Asia-Pacific is the region experiencing the most rapid growth in the microwave equipment market.
What specific segmentation details are covered in the microwave equipment report? +
The microwave equipment report includes specific segmentation details for product type, frequency, end user, and region.
Who are the major players in the microwave equipment market? +
The key participants in the microwave equipment market are CommScope (U.S), Huawei Technologies Co., Ltd. (China), ZTE Corporation (China), MACOM (U.S), RTX Corporation (U.S), Communications & Power Industries LLC (U.S), L3Harris Technologies Inc. (U.S), Teledyne Technologies Incorporated (U.S), Kratos Defense & Security Solutions Inc. (U.S), Chelton Limited (United Kingdom), and Rohde & Schwarz (Germany).
