Market Overview:
The global microwave power meters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for microwave power meters from the electronics industry, scientific research, and other applications. Additionally, the growing demand for miniaturized and portable microwave power meters is also contributing to the growth of this market. However, factors such as high cost and lack of standardization are restraining the growth of this market. On basis of type, thermal power meter held a major share in 2017 and is expected to continue its dominance during the forecast period. This can be attributed to their wide usage in various industries such as automotive, aerospace & defense, medical devices etc., where precise measurement of thermal energy is required.
Product Definition:
Microwave power meters are used to measure the amount of microwave energy passing through a material. They are important for measuring the power output of microwave sources, and for characterizing materials that will be used in microwave devices.
Thermal Power Meter:
Thermal power meters are used to measure the rate of energy generation or power in a specific time period. It is also used to monitor and control the energy consumption of processes. The product is majorly used in process heating, cooling and electricity generation applications. They are extensively utilized across several industries including oil & gas, petrochemical, manufacturing & metal processing which have high demand for continuous monitoring systems for process temperature and load factor respectively.
Diode Power Meter:
A diode power meter is a device used to measure the current and voltage of an electrical circuit. It consists of two semiconductor parts, namely a rectifier diodes and an electronic measuring instrument. The measuring instrument provides two terminals for connection with the diodes; one leg of the relationship between them measures current while other side provides voltage measurement.
Application Insights:
The electronics industry accounted for the largest market share in 2017 and is anticipated to continue its dominance over the forecast period. The growth of this segment can be attributed to increasing demand for microwaves in various applications, such as test & measurement, industrial machinery diagnostics, medical equipment testing and education.
The other application segment includes food & beverage processing industries and oil & gas industries. Microwave technology is widely used in these sectors owing to several benefits it offers including fast heating or cooking process with uniformity across all the food products or components being cooked at a same time; shortens cooking time; reduces energy consumption compared with conventional cookware methods; provides accurate temperature reading without exposing probes directly into hot surfaces etcetera. These factors are expected to drive product demand from other end-use applications during the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in R&D by various organizations and governments. For instance, in 2016, the Indian government announced “UJALA Scheme†under which it distributed more than 300 million books across India free of cost. This initiative was taken with an aim to promote reading culture among people of India and create awareness about different authors and their books all around India.
Europe accounted for a significant share owing to early adoption of microwave power metering devices coupled with high demand from industrial as well as scientific research sector located mainly in Germany, U.K., France, Italy etc.
Growth Factors:
- Increasing demand for microwave power meters from the telecommunications sector as they are used to measure the output power of transmitters and receivers
- Rising demand for microwave power meters from the defense sector as they are used to measure the output power of radar systems
- Growing popularity of microwaves in commercial kitchens for cooking food items
- Increasing use of microwaves in hospitals and clinics for sterilization and treatment purposes
- Proliferation of smart grids that require efficient measurement and management of microwave energy
Scope Of The Report
Report Attributes
Report Details
Report Title
Microwave Power Meters Market Research Report
By Type
Thermal Power Meter, Diode Power Meter, Others
By Application
Electronics Industry, Scientific Research, Other
By Companies
Aclara Technologies, Keysight, Rohde & Schwarz, Boonton, Anritsu, AlphaLab, Inc., Tektronix, Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.
Global Microwave Power Meters Market Report Segments:
The global Microwave Power Meters market is segmented on the basis of:
Types
Thermal Power Meter, Diode Power Meter, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronics Industry, Scientific Research, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aclara Technologies
- Keysight
- Rohde & Schwarz
- Boonton
- Anritsu
- AlphaLab, Inc.
- Tektronix, Inc.
Highlights of The Microwave Power Meters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Thermal Power Meter
- Diode Power Meter
- Others
- By Application:
- Electronics Industry
- Scientific Research
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Microwave Power Meters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Microwave power meters are devices that measure the amount of microwave energy that is being radiated from a device. This information can be used to determine the power output of the device.
Some of the major players in the microwave power meters market are Aclara Technologies, Keysight, Rohde & Schwarz, Boonton, Anritsu, AlphaLab, Inc., Tektronix, Inc..
The microwave power meters market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Microwave Power Meters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Microwave Power Meters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Microwave Power Meters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Microwave Power Meters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Microwave Power Meters Market Size & Forecast, 2020-2028
4.5.1 Microwave Power Meters Market Size and Y-o-Y Growth
4.5.2 Microwave Power Meters Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Thermal Power Meter
5.2.2 Diode Power Meter
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electronics Industry
6.2.2 Scientific Research
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Microwave Power Meters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Microwave Power Meters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Thermal Power Meter
9.6.2 Diode Power Meter
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electronics Industry
9.10.2 Scientific Research
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Thermal Power Meter
10.6.2 Diode Power Meter
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electronics Industry
10.10.2 Scientific Research
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Thermal Power Meter
11.6.2 Diode Power Meter
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electronics Industry
11.10.2 Scientific Research
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Thermal Power Meter
12.6.2 Diode Power Meter
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electronics Industry
12.10.2 Scientific Research
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Thermal Power Meter
13.6.2 Diode Power Meter
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electronics Industry
13.10.2 Scientific Research
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Microwave Power Meters Market: Competitive Dashboard
14.2 Global Microwave Power Meters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aclara Technologies
14.3.2 Keysight
14.3.3 Rohde & Schwarz
14.3.4 Boonton
14.3.5 Anritsu
14.3.6 AlphaLab, Inc.
14.3.7 Tektronix, Inc.
