Press release
Global Integrated Microwave Assembly Industry Outlook 2025-2029: Market Set to Cross $2.59 Billion Milestone
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What Will the Integrated Microwave Assembly Industry Market Size Be by 2025?_x000D_
The market size of the integrated microwave assembly has experienced significant expansion in the past years. The growth is projected to rise from $1.8 billion in 2024 to $1.94 billion in 2025, with a compound annual growth rate (CAGR) of 7.6%. The previous growth is mainly due to factors such as increased defense expenditures, a surge in demand for radar systems, expansion in satellite communication, microwave components becoming smaller, and a broader adoption in testing and measurement._x000D_
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What's the Long-Term Growth Forecast for the Integrated Microwave Assembly Market Size Through 2029?_x000D_
Over the next couple of years, it is anticipated that the integrated microwave assembly market will witness robust growth. The market size is forecasted to reach $2.59 billion in 2029, flourishing at a compound annual growth rate (CAGR) of 7.6%. Factors propelling this growth through the forecast period include a surge in demand for 5G infrastructure, wider usage in self-driving vehicles, the growing necessity for high-frequency radar, an escalated focus on cybersecurity applications, and an increase in unmanned aerial vehicles. The forecast period is also likely to witness some significant trends such as the transition towards compact and lighter designs, augmented use of gallium nitride technology, the rising incorporation of artificial intelligence in signal processing, increasing emphasis on multi-functionality, and a surge in demand for SOSA-compliant solutions._x000D_
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What Are the Key Growth Drivers Fueling the Integrated Microwave Assembly Market Expansion?_x000D_
The expansion of the integrated microwave assembly market is anticipated to be driven by the increasing need for wireless communication. Wireless communication refers to the transmission of data, voice, and video signals using no physical cables or wires. The surge in demand for wireless communication comes from several critical factors, such as the growing use of mobile devices, the rollout of 5G networks, the speedy advancement of the Internet of Things (IoT), and the growing trend of working from home. Integrated microwave assemblies contribute to wireless communication by facilitating high-frequency signal processing, improving connectivity, and providing reliable performance throughout sophisticated telecommunication networks. For example, a report by the Cellular Telecommunications and Internet Association (CTIA) in July 2023, a trade association for the wireless communications industry based in the U.S., stated that wireless data demand in the U.S. skyrocketed last year (2022), accommodating over 73.7 trillion megabytes of traffic. This marked a 38% increase (20 trillion MBs) from 2021. Thus, the escalating need for wireless communication is driving the expansion of the integrated microwave assembly market._x000D_
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What Are the Key Trends Driving Integrated Microwave Assembly Market Growth?_x000D_
Leading firms functioning in the integrated microwave assembly market are concentrating their efforts on creating novel products like mmWave microwave assembly solutions. These solutions are intended to cater to evolving mmWave, electronic warfare (EW), and defence requirements. These assembly solutions incorporate various elements operating between the 30 GHz - 300 GHz frequency range, employing cutting-edge methodologies to ensure efficient manufacturing, compact designs, and superior performance, especially for applications such as 5G and radar systems. For example, Crane Aerospace & Electronics, which is a US-based entity that offers systems and components crucial for aerospace and defence uses, launched their mmW-Integrated Microwave Assemblies (mmW-IMA) in July 2024. The product line comprises frequency converters and synthesizers that function within 2-18 GHz and 18-40 GHz ranges and deliver outputs that reach up to 22 GHz and 29/43.56 GHz. Built to comply with sensor open systems architecture (SOSA) norms, these assemblies facilitate effortless integration into the latest aerospace and defence platforms. Added to this are convenient international export features, thanks to the EAR99 classification, along with customizable options. This move strengthens Crane A&E's standing as the industry leader delivering high-quality microwave solutions for space, aerospace, and defence applications._x000D_
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How Is the Integrated Microwave Assembly Market Segmented?_x000D_
The integrated microwave assemblymarket covered in this report is segmented - _x000D_
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1) By Product: Amplifiers, Filters, Mixers, Oscillators, Switches_x000D_
2) By Technology: Silicon Germanium (SiGe), Gallium Arsenide (GaAs), Indium Phosphide (InP), Nitride Gallium Arsenide (GaNAs)_x000D_
3) By Frequency: Ku-Band, Ka-Band, X-Band, C-Band, L-Band, S-Band_x000D_
4) By End User: Military And Defense, Communication, Avionics_x000D_
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Subsegments:_x000D_
1) By Amplifiers: Low Noise Amplifiers (LNA), Power Amplifiers (PA), Gain Block Amplifiers, Driver Amplifiers _x000D_
2) By Filters: Bandpass Filters, Low-Pass Filters, High-Pass Filters, Notch Filters _x000D_
3) By Mixers: Active Mixers, Passive Mixers, Double-Balanced Mixers, Image Reject Mixers _x000D_
4) By Oscillators: Voltage-Controlled Oscillators (VCO), Dielectric Resonator Oscillators (DRO), Crystal Oscillators, Surface Acoustic Wave (SAW) Oscillators _x000D_
5) By Switches: PIN Diode Switches, Gallium Arsenide (GaAs) Switches, MEMS Switches, Electromechanical RF Switches_x000D_
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Which Companies Are Leading the Charge in Integrated Microwave Assembly Market Innovation?_x000D_
Major companies operating in the integrated microwave assembly market are Sumitomo Electric Industries, BAE Systems, Thales Group, L3Harris Technologies, NXP Semiconductors, Analog Devices, Skyworks Solutions, Teledyne Technologies, Qorvo, Rohde & Schwarz, TTM Technologies, Mercury Systems, Kratos Defense & Security Solutions Inc., Anritsu, Crane Aerospace & Electronics, CPI International, MACOM, National Instruments Corporation, K&L Microwave, Narda-MITEQ, Erzia, MtronPT, Wenzel Associates Inc. _x000D_
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Which Regions Are Leading the Global Integrated Microwave Assembly Market in Revenue?_x000D_
North America was the largest region in the integrated microwave assembly market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the integrated microwave assembly market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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