Global Magnetron Market Study (2018-2023): Analysis by Type, Working State, Application and Geography - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 5, 2018--The “Global Magnetron Market - Forecasts from 2018 to 2023” report has been added to ResearchAndMarkets.com’s offering.
The global magnetron market is projected to grow at a CAGR of 4.97% over the forecast period of 2017-2023.
The market is witnessing an impressive growth and this growth is attributed to rapid growth of industries like military and defense and consumer electronics across the globe.
Strengthening economies in the world are increasing the disposable income of people. Rising disposable incomes are increasing the adoption of solutions like microwave ovens for use in both homes and industries, thus driving the market growth.
Increasing spending by governments worldwide into strengthening their military and defense sector is another major factor contributing to the market growth. The United States, in 2016, spent US$ 584 billion into its defense which was nearly 3.2% of the country’s GDP and 14.97% of the country’s total expenditure that year.
For the same year, China’s defense budget was 982.14 billion Chinese Yuan and that of Russia was 3.8 trillion Russian Rubles. A good portion of the governments’ budget is apportioned for armaments, most of which use RADARs for applications like air defense, missile control, ground surveillance, military air traffic control, ship navigation, and search and rescue among various others. This is driving the growth of magnetron market as magnetrons are an integral part of most of the RADARs.
Continuous investments by major market players into research and development are aimed at increasing the performance, life and reliability of magnetrons and pushing their applications across various industry verticals. These investments by the market players are expected to keep fueling the growth of this market over the projected period.
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Global Magnetron Market by Type
6. Global Magnetron Market by Working State
7. Global Magnetron Market by Application
8. Global Magnetron Market by Geography
9. Competitive Intelligence
10. Company ProfilesCommunications & Power Industries LLC L3 Technologies Inc. Teledyne e2v (UK) Ltd. New Japan Radio Co. Ltd. Richardson Electronics Ltd. Toshiba Hokuto Electronics Corporation Hitachi High Technologies America Inc. LG Samsung
For more information about this report visit https://www.researchandmarkets.com/research/xghzrv/global_magnetron?w=4
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Related Topics:Electrical Engineering
KEYWORD: EUROPE ASIA PACIFIC NORTH AMERICA CHINA
INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY
SOURCE: Research and Markets
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PUB: 12/05/2018 05:47 AM/DISC: 12/05/2018 05:46 AM