India Waveguide Market Size & Outlook, 2022-2030

The waveguide market in India is expected to reach a projected revenue of US$ 115.7 million by 2030. A compound annual growth rate of 7.1% is expected of India waveguide market from 2023 to 2030.
Revenue, 2022 (US$M)
$66.6
Forecast, 2030 (US$M)
$115.7
CAGR, 2023 - 2030
7.1%
Report Coverage
India

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 2022USD 66.6 million
Market revenue in 2030USD 115.7 million
Growth rate7.1% (CAGR from 2022 to 2030)
Largest segmentPhase shifters
Fastest growing segmentAdapters
Historical data2017 - 2021
Base year2022
Forecast period2023 - 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, 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 Companies

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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

  • 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 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)

India waveguide market size, by component, 2017-2030 (US$M)

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