Microwave Devices Market Report 2026

The microwave devices market size has grown strongly in recent years. It will grow from $7.86 billion in 2025 to $8.46 billion in 2026 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to early deployment in defense communication, adoption in satellite communication, reliance on imported RF components, integration with telecom infrastructure, use in commercial radar systems.

The microwave devices market size is expected to see strong growth in the next few years. It will grow to $11.4 billion in 2030 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to rising adoption in 5G and beyond networks, deployment in aerospace communication, integration in smart city networks, expansion in IoT-enabled microwave applications, development of compact microwave modules. Major trends in the forecast period include Incorporation of high-frequency microwave devices, integration of IoT-enabled microwave systems, adoption of AI-enhanced signal processing, deployment of smart microwave sensors, expansion of microwave communications.

The increasing military and defense expenditure is significantly contributing to the growth of the microwave devices market. The military and defense represent the armed forces responsible for protecting and securing a country. Microwave devices play a crucial role in ensuring secure and reliable operations, including intensive signal processing, data security, and efficient information transmission in critical environments. The growing focus and investment by military and defense sectors in adopting advanced technologies are expected to propel the demand for microwave devices. For example, in April 2023, the Stockholm International Peace Research Institute, a Sweden-based international institute, reported that global military spending rose by 6.8% in real terms in 2023, reaching US $2.44 trillion. Therefore, rising military and defense expenditure is driving the growth of the microwave devices market.

Companies operating in the microwave devices market are focusing on developing innovative solutions, such as next-generation microwave transmission systems, to meet the increasing demand for high-capacity connectivity, 5G network expansion, and long-reach wireless backhaul solutions. These advanced microwave systems incorporate wider bandwidth, multi-antenna configurations, and integrated platforms - offering significantly higher data throughput and lower latency compared to traditional microwave links. For example, in March 2023, Huawei, a China-based technology company, introduced MAGICSwave, an advanced microwave transmission solution designed for both urban high-capacity and suburban ultra-long-reach applications. The system integrates technologies such as all-band new 2T, true wideband, and ultra-long-reach transmission within a highly unified platform. This design enables network operators to deploy cost-effective 5G transport networks, improve spectrum efficiency, and enhance overall network stability and coverage.

In August 2023, Marki Microwave, a US-based supplier of broadband microwave products, acquired Precision Millimeter Wave LLC for an undisclosed sum. This acquisition enables Marki Microwave to expand its offerings to include over 100 standard commercial waveguide products and various custom solutions, such as antennas, connectors, switches, and isolators, thereby diversifying its product portfolio. Precision Millimeter Wave LLC, also based in the US, specializes in sub-THz waveguide technology and a range of associated products.

Major companies operating in the microwave devices market are API Technologies Corp., Thales Group, Electron Energy Corporation, Teledyne UK Limited, Toshiba Corporation, CPI International Inc., TMD Technologies Ltd., Richardson Electronics Ltd., Microsemi Corporation, Qorvo Inc., Texas Instruments Inc., Communications & Power Industries LLC, NXP Semiconductors N.V., MACOM Technology Solutions Inc., Analog Devices Inc., Infineon Technologies AG, Mitsubishi Electric Corporation, Murata Manufacturing Co. Ltd., NEC Corporation, Skyworks Solutions Inc.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have impacted the microwave devices market by increasing costs of imported amplifiers, oscillators, and transmitters. Defense, space and communication, and commercial segments in North America, Europe, and Asia-Pacific are most affected due to high import dependency. However, tariffs are encouraging local manufacturing, regional sourcing, and technology innovation, improving supply chain resilience and promoting domestic production.

The microwave devices market research report is one of a series of new reports that provides microwave devices market statistics, including microwave devices industry global market size, regional shares, competitors with a microwave devices market share, detailed microwave devices market segments, market trends and opportunities, and any further data you may need to thrive in the microwave devices industry. This microwave devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Microwave devices are instruments capable of generating, modifying, amplifying, detecting, and measuring microwave frequencies. Microwaves technology, often known as line-of-sight wireless communication technology, utilizes high-frequency radio waves to establish high-speed wireless connections.

The main types of microwave devices can be categorized as active and passive. In the Active Microwave Components domain, semiconductor technologies and components are employed for processes like amplification, mixing, switching, and the generation of microwave radio signals. These signals typically operate within frequencies ranging from 300 MHz (wavelength 1m) to 300 GHz (wavelength 1mm). Various frequency bands are involved, including Ku band, Ka-band, S-band, C band, X band, and L band. Microwave devices are utilized across diverse sectors, including space and communication, defense, commercial applications, and others.North America was the largest region in the microwave devices market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the microwave devices market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the microwave devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The microwave devices market consists of sales of relays and coaxial switches-based microwave devices. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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