India Waveguide Market Size & Outlook, 2022-2030
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India waveguide market highlights
- The India waveguide market generated a revenue of USD 66.6 million in 2022 and is expected to reach USD 115.7 million by 2030.
- The India market is expected to grow at a CAGR of 7.1% from 2023 to 2030.
- In terms of segment, phase shifters was the largest revenue generating component in 2022.
- Adapters is the most lucrative component segment registering the fastest growth during the forecast period.
Waveguide market data book summary
| Market revenue in 2022 | USD 66.6 million |
| Market revenue in 2030 | USD 115.7 million |
| Growth rate | 7.1% (CAGR from 2022 to 2030) |
| Largest segment | Phase shifters |
| Fastest growing segment | Adapters |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Adapters, Couplers, Loads & Filters, Isolators & Circulators, Phase Shifters, Power Combiners, Pressure Windows |
| Key market players worldwide | Smiths Group PLC, Penn Engineering, Microwave Components & Systems, Quantic Electronics, Cobham Advanced Electronic Solutions, DigiLens, Global Invacom, Flann Microwave |
Other key industry trends
- In terms of revenue, India accounted for 4.9% of the global waveguide market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China waveguide market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 115.7 million by 2030.
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Waveguide Market Scope
Waveguide Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Flann Microwave | View profile | 101-250 | Boston, Massachusetts, United States, North America | https://flann.com/ |
| Global Invacom | View profile | 5001-10000 | Singapore, Central Region, Singapore, Asia | http://www.globalinvacom.com/ |
| DigiLens | View profile | 51-100 | Sunnyvale, California, United States, North America | http://www.digilens.com/ |
| Cobham Advanced Electronic Solutions | View profile | 1001-5000 | Arlington, Virginia, United States, North America | https://cobhamaes.com/ |
| Quantic Electronics | View profile | 501-1000 | San Francisco, California, United States, North America | https://www.quanticnow.com/ |
| Microwave Components & Systems | View profile | 11-50 | Westborough, Massachusetts, United States, North America | https://www.mcsproducts.com |
| Penn Engineering | View profile | 1001-5000 | Danboro, Pennsylvania, United States, North America | http://www.pemnet.com/ |
| Smiths Group PLC | View profile | 15000 | 11-12 St James’s Square, 4th Floor, London, United Kingdom, SW1Y 4LB | https://www.smiths.com |
India waveguide market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to waveguide market will help companies and investors design strategic landscapes.
Phase shifters was the largest segment with a revenue share of 22.67% in 2022. Horizon Databook has segmented the India waveguide market based on adapters, couplers, loads & filters, isolators & circulators, phase shifters, power combiners, pressure windows covering the revenue growth of each sub-segment from 2017 to 2030.
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Target buyers of India waveguide market databook
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Our clientele includes a mix of waveguide market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India waveguide market , including forecasts for subscribers. This country databook contains high-level insights into India waveguide market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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India waveguide market size, by component, 2017-2030 (US$M)
India Waveguide Market Outlook Share, 2022 & 2030 (US$M)
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