The global microwave devices market was valued at USD 5.85 billion in 2021 and is projected to grow from USD 6.09 billion in 2022 to USD 9.88 billion by 2029, exhibiting a CAGR of 7.15% during the forecast period. In 2021, North America dominated the market with a 33.33% share.

This market is witnessing steady growth, fueled by ongoing technological advancements and rising demand across diverse industries such as telecommunications, healthcare, and defense. As microwave applications broaden, the market continues to attract significant investment. North America's leadership is underpinned by its robust infrastructure and strong focus on innovation. With expanding use cases and favorable industry trends, the microwave devices market is poised for sustained and healthy growth in the years ahead.

List of Key Players Profiled in the Microwave Devices Market Report:

• Analog Devices Inc. (U.S.)
• Communications & Power Industries LLC (U.S.)
• General Dynamics Corporation (U.S.)
• Kratos Defense & Security Solutions, Inc. (U.S.)
• L3Harris Technologies, Inc. (U.S.)
• MACOM Technology Solutions Inc. (U.S.)
• Microsemi Corporation (U.S)
• Microwave Technology, Inc. (U.K.)
• Qorvo Inc. (U.S.)
• Richardson Electronics, Ltd. (U.S.)
• Teledyne Technologies Incorporated (U.S.)
• Thales Group (France)
• TMD Technologies Ltd (U.K.)
• Toshiba Corporation (Japan)
• Cytec Corporation (U.S.)