Asia Pacific Waveguide Market Size & Outlook, 2022-2030

The waveguide market in Asia Pacific is expected to reach a projected revenue of US$ 896.1 million by 2030. A compound annual growth rate of 6% is expected of Asia Pacific waveguide market from 2023 to 2030.
Revenue, 2022 (US$M)
$563.3
Forecast, 2030 (US$M)
$896.1
CAGR, 2023 - 2030
6%
Report Coverage
Asia Pacific

Asia Pacific waveguide market highlights

  • The Asia Pacific waveguide market generated a revenue of USD 563.3 million in 2022.
  • The market is expected to grow at a CAGR of 6% 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.
  • Country-wise, India is expected to register the highest CAGR from 2023 to 2030.


Asia Pacific data book summary

Market revenue in 2022USD 563.3 million
Market revenue in 2030USD 896.1 million
Growth rate6% (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
Key market players worldwideSmiths 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, Asia Pacific region accounted for 41.2% of the global waveguide market in 2022.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Europe is the fastest growing regional market and is projected to reach USD 479.8 million by 2030.

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Waveguide Market Companies

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Asia Pacific 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 22.31% in 2022. Horizon Databook has segmented the Asia Pacific 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 Asia Pacific 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 continent-level data and insights on the Asia Pacific waveguide market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific waveguide market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific waveguide market size, by country, 2017-2030 (US$M)

Asia Pacific Waveguide Market Outlook Share, 2022 & 2030 (US$M)

Asia Pacific waveguide market size, by country, 2017-2030 (US$M)

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