Microwave Power Meter Market Overview
As per research estimates, the microwave power meter tester is expected to register a CAGR of 7% during the assessment period 2021-2031. Microwave power meters, also known as microwave power sensor are generally used for power measurement of various electronics equipment.
The device provides accurate and reliable power measurements independent of signal modulation and bandwidth and also has the ability to provide the correct RF measurement within lesser time.
Rising adoption of microwave power meter to test output power of communication based station transmitters, cellular telephones and radar system equipment is fuelling the demand across the globe.
Furthermore, the capability of the device in capturing, displaying, and analyzing RF power of the equipment is promoting the popularity of the microwave power meter. Wide frequency range from 10 MHz to 6 GHz and measurement range from –60 dBm to +90 dBm enable professionals to use the device on-field and off-field also.
Microwave Power Meter Market: Drivers & Restraints
Technological enhancement related to the device is one of the vital factors that propel the demand for a microwave power meter. Rapidly increasing adoption of advanced electronics instruments in various industries such as aerospace & defense, telecommunication, and other industries has changed the overall market scenario of the electronics industry.
Rising adoption of in setting up the research and development labs is also boosting the microwave power meter market growth significantly
Increasing demand for microwave power meter in end-use industries, especially in the electronics industry for production testing and design verification, is also the market growth. Features such as PC connection facility, portability, digital display, and Compact sizing makes the device user-friendly.
Microwave Power Meter Market: Overview of Trends
Technological advancement such as windows PC connectivity, remotely controlled power operation, high display resolution, and automatic self-balancing ability attracts the significant portion of the end-users. Furthermore, this instrument provides high accuracy over wide temperature ranges. Leading manufacturers are continually focusing on designing the microwave power meters, which can be used in labs and on-site also.
For instance, Agilent Technologies, Inc, one of the prominent microwave manufacturers, has designed portable device, which can be used in labs and on-field also.
Institutional sales is believed to be the primary sales channel mode for the device manufacturers in offering the same to the end use procurers, whereas marketing programs and strategies have been employed on omni-channel basis consisting of participation in industrial fairs, defence expo fairs, online, white paper publications, etc.
North America Market Growth Outlook
Market growth is expected to register healthy market growth in the region over the forecast period with aerospace and defence industries being the prominent end use verticals of the device.
With the regional governments of U.S. and Canada aiding healthy investments in infrastructure development in the said end use verticals as well as private enterprises actively engaged in product R&D and innovation, the market growth is expected on a healthy degree in the upcoming years.
Europe Demand Potential
The rapid adoption of advanced microwave power maters and the adequate presence of manufacturers in European countries such as Germany, France and U.K. is also driving the market growth significantly.
Consistent capital investment in the defense industry and expanding communication network are accelerating the demand for the device. On the other hand, growing aviation and electronics industries and frequent need for microwave power meters in these industries in the region are also projected to witness the considerable market growth during the forecast period.
Microwave Power Meter Market: Competition Landscape
Some of the leading manufacturers of the device are
- Agilent Technologies Inc.
- Keysight Technologies
- Nvis Technolgies Pvt. Ltd.
- Wireless Telecom Group Inc.
- Aimil Ltd. And TEKTRONIX INC.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
Microwave Power Meter Market: Segmentation
- Benchtop/Floor mounted
By Sales Channel:
By End Use:
- Research and Development
- North America
- Latin America
- Rest of Latin America
- Rest of Europe
- East Asia
- South Korea
- South Asia and Pacific
- Rest of South Asia and Pacific
- Middle East and Africa
- GCC Countries
- Northern Africa
- South Africa
- Rest of MEA