Lucintel Forecasts the Global Traveling Wave Tube Market to Reach $ 1.7 billion by 2030.


Posted November 1, 2023 by Lucintel

According to a market report by Lucintel, the future of the global traveling wave tube market looks promising with opportunities in the radar system, satellite communication, and electronic warfare applications.

 
According to a market report by Lucintel, the future of the global traveling wave tube market looks promising with opportunities in the radar system, satellite communication, and electronic warfare applications. The global traveling wave tube market is expected to reach an estimated $1.7 billion by 2030 with a CAGR of 4.1% from 2024 to 2030. The major drivers for this market are expanding satellite communication industry, growth of space exploration missions and satellite deployments, and rising need for advanced radar technology to enhance national security and military capabilities.

A more than 150 – page report is developed to understand trends, opportunity and forecast in traveling wave tube market to 2030 by type (helix TWT and coupled cavity TWT), application (radar systems, satellite communication, electronic warfare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, helix and coupled cavity are the major segments of traveling wave tube market by type. Lucintel forecasts that helix is expected to witness higher growth over the forecast period due to its significant application in several radar and communication systems owing to its dependability, lightweight design, and small size.

Within this market, satellite communication will remain the largest segment due to substantial application of TWT in this field to facilitate high-power radio frequency amplification and effective signal amplification, guaranteeing dependable and durable communication lines over long distances.

North America will remain the largest region due to the high demand for TWT in radar systems and communication satellite applications and ongoing development programs for space and defense programs in the region.

Teledyne e2v, Thales, L3 Technologies, CPI, TMD Technologies, PHOTONIS, and NEC are the major suppliers in the traveling wave tube market.



" This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
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Issued By Lucintel
Country United States
Categories Business
Tags traveling wave tube market
Last Updated November 1, 2023