DUBLIN–(BUSINESS WIRE)–The “Space-Based RF & Microwave Technology Market – A Global and Regional Analysis: Focus on Platform, Application, End User, Component, Frequency and Country – Analysis and Forecast, 2021-2031” report has been added to ResearchAndMarkets.com’s offering.
The global space-based RF & microwave technology market is estimated to reach $14,015.8 million in 2031, at a compound annual growth rate (CAGR) of 7.26% during the forecast period 2021-2031.
The technological advancement in terms of size, reliability, transfer rate, and power consumption are driving the global space-based RF & microwave technology market. In addition, the introduction of new private players and increasing government and institutional funding within the space domain help generate market opportunities.
The major driving factor of the market can be gauged by increasing space budgets by major countries for establishing a secure…