Global Waveguide Market Size Study & Forecast, by Component, By Type, By End-user, and Regional Analysis, 2023-2030

Description

List of Tables

Global Waveguide Market is valued at approximately USD 1.38 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.8% over the forecast period 2023-2030. A waveguide is a type of structure that confines the passage of energy by guiding electromagnetic, radio, or sound waves with the least amount of energy loss. These are employed when an array of devices is connected in order to transmit signals over long distances. This electromagnetic feed line is used for microwave communications, broadcasting, and radar installations. Waveguides are gaining high traction in non-linear devices, optical interferometers, optical communication, and photonic integrated circuits. The surging demand for high-speed data transmission, growing construction activities, increasing advancements in radar and satellite technology, favorable government initiatives, and ongoing development of high-tech products are the factors that are fueling the demand for waveguides in the global market.

The rapid development of the 5G network is exhibiting a positive influence on market growth during the estimated period. The deployment of 5G networks requires high-frequency communication and transmission capabilities. Waveguides offer proficient and reliable transmission of signals in the millimeter-wave frequency range, which is crucial for 5G networks. According to the 5G Americas- an industry trade organization reported that approximately 1.9 billion of 5G connections were recorded, which is projected to rise and is likely to reach 5.9 billion 5G connections by 2027. Accordingly, the widespread adoption of 5G technology is driving the demand for waveguides during the estimated period. Moreover, the increasing development of radar technologies, as well as the growing adoption of optical interconnects present various lucrative opportunities over the forecasting years. However, the high cost of waveguides and the presence of alternative technologies are challenging the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Waveguide Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the rising construction activities, increasing government support, advancing manufacturing facilities, and growing investments in new infrastructure development. For instance, in August 2020, the Prime Minister of India officially opened an exclusive submarine optical fiber cable in order to connect the Andaman and Nicobar Islands with the mainland territory. The administration is focusing on offering high-speed internet data transfer to the residents and improving the local economic growth. Whereas, Europe is expected to grow at the highest CAGR over the forecasting years. The favorable policy framework for digitalizing buildings, as well as the rising development of commercial and residential establishments, are significantly propelling the market demand across the region.

Major market players included in this report are:

Penn Engineering Components Inc.
Jupiter Microwave Components Inc.
Quantic Electronics
Cobham Advanced Electronic Solutions
Ducommun Incorporated
Smith's Interconnect
DigiLens, Inc.
Global Invacom
Flann Microwave Ltd.
Corning Incorporated

Recent Developments in the Market:

In March 2021, Quantic Electronics declared the acquisition of Corry Micronics. Corry Micronics's product portfolio consists of low-noise amplifiers, multiplexers, RF switches, diplexers, RF (Radio Frequency)/microwave filters, power amplifiers, couplers, power dividers, waveguide components, and configurable RF switch matrices. Corry Micronics's RF and microwave components portfolio complemented Quantic Electronics's existing RF portfolio.
in December 2022, Fairview Microwave, one of the major manufacturers of microwave, RF, and millimeter-wave equipment, introduced a line of waveguide frequency multipliers. The multipliers are made to work with 5G, mobile, satellite, test and measurement, research and development, radar systems, and Earth observation applications.

Global Waveguide Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Component, Type, End-user, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Component:

Adapters
Couplers
Loads & Filters
Isolators & Circulators
Phase Shifters
Power Combiners
Pressure Windows

By Type:

Rectangular Waveguide
Circular Waveguide
Single Ridged Waveguide
Double Ridged Waveguide
Elliptical Waveguide

By End-user:

Aerospace & Defense
Medical
Industrial
Others

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Waveguide Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Waveguide Market, by Component, 2020-2030 (USD Billion)
- 1.2.3. Waveguide Market, by Type, 2020-2030 (USD Billion)
- 1.2.4. Waveguide Market, by End-user, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Waveguide Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Waveguide Market Dynamics

3.1. Waveguide Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Surging demand for high-speed data transmission
  - 3.1.1.2. Rapid development of the 5G network
- 3.1.2. Market Challenges
  - 3.1.2.1. High cost of waveguides
  - 3.1.2.2. Presence of the alternative technologies
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing development of radar technologies
  - 3.1.3.2. Growing adoption of optical interconnects

Chapter 4. Global Waveguide Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Waveguide Market, by Component

5.1. Market Snapshot
5.2. Global Waveguide Market by Component, Performance - Potential Analysis
5.3. Global Waveguide Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
5.4. Waveguide Market, Sub Segment Analysis
- 5.4.1. Adapters
- 5.4.2. Couplers
- 5.4.3. Loads & Filters
- 5.4.4. Isolators & Circulators
- 5.4.5. Phase Shifters
- 5.4.6. Power Combiners
- 5.4.7. Pressure Windows

Chapter 6. Global Waveguide Market, by Type

6.1. Market Snapshot
6.2. Global Waveguide Market by Type, Performance - Potential Analysis
6.3. Global Waveguide Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
6.4. Waveguide Market, Sub Segment Analysis
- 6.4.1. Rectangular Waveguide
- 6.4.2. Circular Waveguide
- 6.4.3. Single Ridged Waveguide
- 6.4.4. Double Ridged Waveguide
- 6.4.5. Elliptical Waveguide

Chapter 7. Global Waveguide Market, by End-user

7.1. Market Snapshot
7.2. Global Waveguide Market by End-user, Performance - Potential Analysis
7.3. Global Waveguide Market Estimates & Forecasts by End-user 2020-2030 (USD Billion)
7.4. Waveguide Market, Sub Segment Analysis
- 7.4.1. Aerospace & Defense
- 7.4.2. Medical
- 7.4.3. Industrial
- 7.4.4. Others

Chapter 8. Global Waveguide Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Waveguide Market, Regional Market Snapshot
8.4. North America Waveguide Market
- 8.4.1. U.S. Waveguide Market
  - 8.4.1.1. Component breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. End-user breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Waveguide Market
8.5. Europe Waveguide Market Snapshot
- 8.5.1. U.K. Waveguide Market
- 8.5.2. Germany Waveguide Market
- 8.5.3. France Waveguide Market
- 8.5.4. Spain Waveguide Market
- 8.5.5. Italy Waveguide Market
- 8.5.6. Rest of Europe Waveguide Market
8.6. Asia-Pacific Waveguide Market Snapshot
- 8.6.1. China Waveguide Market
- 8.6.2. India Waveguide Market
- 8.6.3. Japan Waveguide Market
- 8.6.4. Australia Waveguide Market
- 8.6.5. South Korea Waveguide Market
- 8.6.6. Rest of Asia Pacific Waveguide Market
8.7. Latin America Waveguide Market Snapshot
- 8.7.1. Brazil Waveguide Market
- 8.7.2. Mexico Waveguide Market
8.8. Middle East & Africa Waveguide Market
- 8.8.1. Saudi Arabia Waveguide Market
- 8.8.2. South Africa Waveguide Market
- 8.8.3. Rest of Middle East & Africa Waveguide Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Penn Engineering Components Inc.
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Jupiter Microwave Components Inc.
- 9.3.3. Quantic Electronics
- 9.3.4. Cobham Advanced Electronic Solutions
- 9.3.5. Ducommun Incorporated
- 9.3.6. Smith's Interconnect
- 9.3.7. DigiLens, Inc.
- 9.3.8. Global Invacom
- 9.3.9. Flann Microwave Ltd.
- 9.3.10. Corning Incorporated

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Waveguide Market, report scope
TABLE 2. Global Waveguide Market estimates & forecasts by region 2020-2030 (USD Billion)
TABLE 3. Global Waveguide Market estimates & forecasts by Component 2020-2030 (USD Billion)
TABLE 4. Global Waveguide Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 5. Global Waveguide Market estimates & forecasts by End-user 2020-2030 (USD Billion)
TABLE 6. Global Waveguide Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Waveguide Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Waveguide Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Waveguide Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Waveguide Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Waveguide Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Waveguide Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Waveguide Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Waveguide Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Waveguide Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Waveguide Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Waveguide Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Waveguide Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Waveguide Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Waveguide Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Waveguide Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Waveguide Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Waveguide Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Waveguide Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Waveguide Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Waveguide Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Waveguide Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Waveguide Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Waveguide Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Waveguide Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Waveguide Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Waveguide Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Waveguide Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Waveguide Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Waveguide Market
TABLE 71. List of primary sources, used in the study of global Waveguide Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Waveguide Market, research methodology
FIG 2. Global Waveguide Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Waveguide Market, key trends 2022
FIG 5. Global Waveguide Market, growth prospects 2023-2030
FIG 6. Global Waveguide Market, porters 5 force model
FIG 7. Global Waveguide Market, pest analysis
FIG 8. Global Waveguide Market, value chain analysis
FIG 9. Global Waveguide Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Waveguide Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Waveguide Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Waveguide Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Waveguide Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Waveguide Market, regional snapshot 2020 & 2030
FIG 15. North America Waveguide Market 2020 & 2030 (USD Billion)
FIG 16. Europe Waveguide Market 2020 & 2030 (USD Billion)
FIG 17. Asia Pacific Waveguide Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Waveguide Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Waveguide Market 2020 & 2030 (USD Billion)