A coaxial switch is a passive component that directs RF signals from one direction to another using an electromechanical relay. This switch is commonly used in signal routing applications that need high frequency, high power, and excellent RF performance. It's commonly utilized in RF applications including DUT testing, antenna switching, SATCOM, Telecom, base stations, avionics, and any other application that requires RF signals to be routed from one point to another.
The market for coaxial switches was estimated to be worth USD 164.14 million in 2022, and it is anticipated to grow at a compound annual growth rate (CAGR) of 3.06% to reach USD 196.67 million by 2031.
.jpg "The Global Coaxial Switches Market 2021-2031 (USD Million)")
Covid-19 Impact & Market Status:
The emergence of COVID-19 has had a negative influence on functioning in a variety of businesses across multiple locations. To combat the virus outbreak among working staff, many countries have taken harsh measures such as total lockdowns and social distance regulations. As a result of the uneven operations and expansion initiatives across heavy-duty sectors, global market demand for coaxial switches has been considerably impacted. The average cost of Coaxial Switches will continue to reduce. The average price of a product has decreased in recent years due to technological advancements; this trend will continue in the coming years due to maturing manufacturing technology, rising raw material costs, and the danger of substitutes.
Because of its high adoption of modern technologies and well-established telecommunications sector, North America leads the market. Due to an increase in the use of consumer devices with connectivity characteristics, Asia-Pacific is predicted to develop at a substantial rate from 2021 to 2028.
The mobile communication sector held the largest market share in historical years, and it is expected to grow significantly over the study period. A switch is a device that sends incoming data from one or more input ports to a specific output port that conveys the data to its intended destination in a telecommunications network.
North America accounted for more than 50.14 percent of total global Coaxial Switches output volume. Dow-Key is the world's leading maker of Coaxial Switches, with a sales market share of 14.49 percent.
The expansion of new infrastructure and building is predicted to be fueled by increased economic activity and expanding urbanization. Services like telecom and Internet connectivity are required to meet the increased demand from diverse demographic segments.
When it comes to coaxial switches, the terms "poles" and "throws" are used, with the number of poles (P) referring to the number of input ports and the number of throws (T) referring to the number of output ports. One input and two output ports, for example, are designated as SPDT switches, which stands for singlepole doublethrow.
The expansion of new infrastructure and building is predicted to be fueled by increased economic activity and expanding urbanization. Services like telecom and Internet connectivity are required to meet the increased demand from diverse demographic segments. The expansion of these industries will have a direct impact on the demand for coaxial switches.
The market is being propelled ahead by rising demand in communication and broadcasting applications. During the study period, the market is expected to increase at a significant rate, owing to the growing aerospace and military industries, which are driving demand for high-frequency devices. In addition, the growing demand for technologically improved coaxial switches is expected to generate profitable prospects for worldwide market players in the coming years.
Major market players of Coaxial Switches Market are Ducommun, Keysight, EPX, Teledyne, Tesoel, Charter, Dow-Key, Radiall, Panasonic, Hirose Electric.
Major Developments in Coaxial Switches Market:
The eight Hirose factories and subcontracting enterprises (Korea, Malaysia, China, Indonesia, and Japan) have built a production network to assure a regular supply while keeping the highest quality. Hirose has been able to produce cutting-edge technology as a result of this collaboration and exchange of Kaizen (continuous improvement) activity.
Coaxial Switches Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2031 |
| Study Period | 2018-2031 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2031 | USD 196.67 million |
| Growth Rate | CAGR of 3.06% during 2021-2031 |
| Segment Covered | By Type, By Application, Regions |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and South Africa |
| Key Players Profiled | Ducommun, Keysight, EPX, Teledyne, Tesoel, Charter, Dow-Key, Radiall, Panasonic, Hirose Electric & among others. |
Key Segments of Coaxial Switches Market
- By Type
- SPnT
- SPDT
- DPDT
- Others
- By Application
- Mobile Communication
- Digital Broadcasting Market
- Aerospace and Defence
- Others
- By Region
- North America
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- US
- Canada
-
- Europe
-
- UK
- Germany
- France
- Rest of Europe
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- Asia Pacific
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- China
- Japan
- India
- Rest of Asia Pacific
-
- South America
-
- Brazil
- Mexico
- Rest of South America
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- Middle East & Africa
Frequently Asked Questions (FAQ) :
The market value of coaxial switches market in 2031 was USD 196.67 million
The coaxial switches market is growing at a CAGR of 3.06% over the forecast period.
The application of the coaxial switches market mobile communication, digital broadcasting, aerospace, defence and other.
North America dominated the market for coaxial switches market and accounted for the largest revenue share.
The top companies that hold the market share in coaxial switches market are Ducommun, Keysight, EPX, Teledyne, Tesoel, Charter, Dow-Key, Radiall, Panasonic, Hirose Electric & among others.