Global Waveguide Market Size & Outlook, 2022-2030

The waveguide industry worldwide is expected to reach a projected revenue of US$ 2,140.1 million by 2030. A compound annual growth rate of 5.8% is expected of the worldwide waveguide industry from 2023 to 2030.
Revenue, 2022 (US$M)
$1,367.0
Forecast, 2030 (US$M)
$2,140.1
CAGR, 2023 - 2030
5.8%
Report Coverage
Worldwide

Global waveguide market highlights

  • The global waveguide market generated a revenue of USD 1,367.0 million in 2022 and is expected to reach USD 2,140.1 million by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 5.8% by 2030.
  • In terms of segment, phase shifters accounted for a revenue of USD 305.9 million in 2022.
  • Adapters is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2022.
  • Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.

Global data book summary

Market revenue in 2022USD 1,367.0 million
Market revenue in 2030USD 2,140.1 million
Growth rate5.8% (CAGR from 2022 to 2030)
Largest segmentPhase shifters
Fastest growing segmentAdapters
Historical data covered2017 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAdapters, Couplers, Loads & Filters, Isolators & Circulators, Phase Shifters, Power Combiners, Pressure Windows

Other key industry trends

  • In terms of revenue, the North America accounted for 23.1% of the global waveguide market in 2022.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, Brazil is the fastest growing regional market and is projected to reach USD 50.6 million by 2030.

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Waveguide Market Companies

Name Profile # Employees HQ Website

Global 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 22.38% in 2022. Horizon Databook has segmented the Global 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.


  • Global Waveguide Component Outlook (Revenue, USD Million, 2017-2030)
    • Adapters
    • Couplers
    • Loads & Filters
    • Isolators & Circulators
    • Phase Shifters
    • Power Combiners
    • Pressure Windows
    • Others
  • Global Waveguide Type Outlook (Revenue, USD Million, 2017-2030)
    • Rectangular Waveguide
    • Circular Waveguide
    • Single Ridged Waveguide
    • Double Ridged Waveguide
    • Elliptical Waveguide
  • Global Waveguide End User Outlook (Revenue, USD Million, 2017-2030)
    • Aerospace & Defence
    • Medical
    • Industrial
    • Others

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Target buyers of Global waveguide market databook

  • Our clientele includes a mix of waveguide market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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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Horizon Databook provides a detailed overview of global-level data and insights on the Global waveguide market , including forecasts for subscribers. This global databook contains high-level insights into Global waveguide market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Global waveguide market size, by region, 2017-2030 (US$M)

Top 10 countries: Waveguide market size, 2022 (US$M)

Global waveguide market share, by component, 2022 & 2030 (%, US$M)

Waveguide market: Opportunity assessment by country

Global waveguide market, by region, 2022 (US$M)

Global waveguide market size, by region, 2017-2030 (US$M)

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