About Microwave Absorber
Microwave absorber is used in various applications to eliminate stray and unwanted radiations that could interfere with systems operations. It can also be used to recreate a free space environment by eliminating reflections in an anechoic chamber. Increasing investment in the electronic manufacturing sector in Asia Pacific countries offer lucrative opportunity in the growth of the very market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Microwave Absorber market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cuming Microwave Corporation (United States), Laird PLC (United Kingdom), Western Rubber & Supply (United States), MAST Technologies (United States), Murata (Japan), Parker Chomerics (United States), ARC Technologies, Inc. (United States), Emerson & Cuming Microwave Products, Inc. (United States), Microwave Vision Group (United States) and MWT Materials (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are E&C Anechoic Chambers (Belgium), 3G Shielding Specialties LP (United States) and Braden Shielding Systems, LLC (United States).
Segmentation Overview
AMA Research has segmented the market of Global Microwave Absorber market by Type (Insertion Loss, Reflectivity, Magnetic, Dielectric and Moldable), Application (Military & Defence, Automation, Electronics & Telecommunications, Chemicals and Textiles and Healthcare) and Region.
On the basis of geography, the market of Microwave Absorber has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Advent of New Product and Application Developments
Market Growth Drivers:
Available in Wide Range of Dimensions, Customer’s Requirements Range from a Standard Prototype to a Customised One and Rise in Spending on Defence Systems in both Developed and Developing Economies
Challenges:
High Taxes & Cess Imposed on Raw Materials & Finished Goods of Microwave Absorbents and Unfavourable Export & Import Policies by Numerous Countries
Restraints:
Lack of Skilled-Labour in Developing Economies and focus on new product & application developments
Opportunities:
Increasing Concept of Marketing and Product Marketing by Key Players and The Growth of Electronic Component Manufacturing Sector in the Asia Pacific Region
Market Leaders and their expansionary development strategies
In August 2023, Marki Microwave, innovator in the radio frequency and microwave industry has acquired the waveguide business of Precision Millimeter Wave LLC, a leading supplier of sub-THz waveguide technology. The acquisition expands Marki Microwave’s reach into the evolving millimeter wave (mmWave) and sub-THz markets, enabling the company to create truly differentiated products that combine waveguide and traditional board-level connection methods.
In November 2023, Anton Paar has launched a family of high-performance instruments based on the pressurised digestion cavity (PDC) concept. The PDC is a stainless-steel pressure vessel with microwave heating and water cooling to minimise the time spent for digesting samples, all brought together in a compact, convenient device.
Key Target Audience
Microwave Absorber Manufacturers, Technology Providers, Service Providers, Component Suppliers, End User and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.