Selected research
Market Structure
Global Power Dividers and Combiners Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
The global Power Dividers and Combiners market is projected to grow from US$ million in 2026 to US$ million by 2032, implying a CAGR of % over 2026-2032.
The US & Canada market for Power Dividers and Combiners is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The Europe market for Power Dividers and Combiners is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Power Dividers and Combiners is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The China market for Power Dividers and Combiners is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of Power Dividers and Combiners include Pulsar Microwave, Mini Circuits, Synergy, Tunay, DEV Systemtechnik, Werlatone, Qualwave, Radiall and E-Meca, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
On the production side, the report examines Power Dividers and Combiners output, growth rates, and market shares by manufacturer and by region (at regional and country level) for 2021-2026, with forecasts through 2032.
On the consumption side, the report analyzes sales of Power Dividers and Combiners by region (regional and country level), company, type, and application for 2021-2026 and provides forecasts through 2032.
The report provides an overview of the global Power Dividers and Combiners market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Power Dividers and Combiners and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Power Dividers and Combiners sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Power Dividers and Combiners market size, projected growth trends, production technologies, key applications, and end-use industries.
Power Dividers and Combiners Segment by Company
Pulsar Microwave
Mini Circuits
Synergy
Tunay
DEV Systemtechnik
Werlatone
Qualwave
Radiall
E-Meca
Innovative Power Products
R & K
ET Industries
Premier RF
Teledyne RF & Microwave
MTS Systemtechnik
Quantic Pmi
Pasternack
Nortec RF
Rflogy
JFW Industries
Instock Wireless Components
Aaronia
ETL Systems
Beijing Ocean Microwave
Power Dividers and Combiners Segment by Type
2 Ways
4 Ways
8 Ways
16 Ways
Others
Power Dividers and Combiners Segment by Application
Communication Systems
Radar System
Antenna System
Others
Power Dividers and Combiners Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Power Dividers and Combiners market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Power Dividers and Combiners and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Power Dividers and Combiners.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the Power Dividers and Combiners market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Power Dividers and Combiners industry.
Chapter 3: Detailed analysis of Power Dividers and Combiners market competition landscape. Including Power Dividers and Combiners manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Power Dividers and Combiners by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Power Dividers and Combiners in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- 2 Ways
- 4 Ways
- 8 Ways
- 16 Ways
- Others
Applications
- Communication Systems
- Radar System
- Antenna System
- Others
Companies covered
- Pulsar Microwave
- Mini Circuits
- Synergy
- Tunay
- DEV Systemtechnik
- Werlatone
- Qualwave
- Radiall
- E-Meca
- Innovative Power Products
- R & K
- ET Industries
- Premier RF
- Teledyne RF & Microwave
- MTS Systemtechnik
- Quantic Pmi
- Pasternack
- Nortec RF
- Rflogy
- JFW Industries
- Instock Wireless Components
- Aaronia
- ETL Systems
- Beijing Ocean Microwave
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Power Dividers and Combiners Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Power Dividers and Combiners Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Power Dividers and Combiners Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Power Dividers and Combiners Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Power Dividers and Combiners Market Dynamics
- 2.1 Power Dividers and Combiners Industry Trends
- 2.2 Power Dividers and Combiners Industry Drivers
- 2.3 Power Dividers and Combiners Industry Opportunities and Challenges
- 2.4 Power Dividers and Combiners Industry Restraints
3 Power Dividers and Combiners Market by Manufacturers
- 3.1 Global Power Dividers and Combiners Production Value by Manufacturers (2021-2026)
- 3.2 Global Power Dividers and Combiners Production by Manufacturers (2021-2026)
- 3.3 Global Power Dividers and Combiners Average Price by Manufacturers (2021-2026)
- 3.4 Global Power Dividers and Combiners Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Power Dividers and Combiners Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Power Dividers and Combiners Manufacturers, Product Type & Application
- 3.7 Global Power Dividers and Combiners Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Power Dividers and Combiners Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Power Dividers and Combiners Players Market Share by Production Value in 2025
- 3.8.3 2025 Power Dividers and Combiners Tier 1, Tier 2, and Tier 3
4 Power Dividers and Combiners Market by Type
- 4.1 Power Dividers and Combiners Type Introduction
- 4.1.1 2 Ways
- 4.1.2 4 Ways
- 4.1.3 8 Ways
- 4.1.4 16 Ways
- 4.1.5 Others
- 4.2 Global Power Dividers and Combiners Production by Type
- 4.2.1 Global Power Dividers and Combiners Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Power Dividers and Combiners Production by Type (2021-2032)
- 4.2.3 Global Power Dividers and Combiners Production Market Share by Type (2021-2032)
- 4.3 Global Power Dividers and Combiners Production Value by Type
- 4.3.1 Global Power Dividers and Combiners Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Power Dividers and Combiners Production Value by Type (2021-2032)
- 4.3.3 Global Power Dividers and Combiners Production Value Market Share by Type (2021-2032)
5 Power Dividers and Combiners Market by Application
- 5.1 Power Dividers and Combiners Application Introduction
- 5.1.1 Communication Systems
- 5.1.2 Radar System
- 5.1.3 Antenna System
- 5.1.4 Others
- 5.2 Global Power Dividers and Combiners Production by Application
- 5.2.1 Global Power Dividers and Combiners Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Power Dividers and Combiners Production by Application (2021-2032)
- 5.2.3 Global Power Dividers and Combiners Production Market Share by Application (2021-2032)
- 5.3 Global Power Dividers and Combiners Production Value by Application
- 5.3.1 Global Power Dividers and Combiners Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Power Dividers and Combiners Production Value by Application (2021-2032)
- 5.3.3 Global Power Dividers and Combiners Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 Pulsar Microwave
- 6.1.1 Pulsar Microwave Company Information
- 6.1.2 Pulsar Microwave Business Overview
- 6.1.3 Pulsar Microwave Power Dividers and Combiners Production, Value and Gross Margin (2021-2026)
- 6.1.4 Pulsar Microwave Power Dividers and Combiners Product Portfolio
- 6.1.5 Pulsar Microwave Recent Developments
- 6.2 Mini Circuits
- 6.2.1 Mini Circuits Company Information
- 6.2.2 Mini Circuits Business Overview
- 6.2.3 Mini Circuits Power Dividers and Combiners Production, Value and Gross Margin (2021-2026)
- 6.2.4 Mini Circuits Power Dividers and Combiners Product Portfolio
- 6.2.5 Mini Circuits Recent Developments
- 6.3 Synergy
- 6.3.1 Synergy Company Information
- 6.3.2 Synergy Business Overview
- 6.3.3 Synergy Power Dividers and Combiners Production, Value and Gross Margin (2021-2026)
- 6.3.4 Synergy Power Dividers and Combiners Product Portfolio
- 6.3.5 Synergy Recent Developments
- 6.4 Tunay
- 6.4.1 Tunay Company Information
- 6.4.2 Tunay Business Overview
- 6.4.3 Tunay Power Dividers and Combiners Production, Value and Gross Margin (2021-2026)
- 6.4.4 Tunay Power Dividers and Combiners Product Portfolio
- 6.4.5 Tunay Recent Developments
- 6.5 DEV Systemtechnik
- 6.5.1 DEV Systemtechnik Company Information
- 6.5.2 DEV Systemtechnik Business Overview
- 6.5.3 DEV Systemtechnik Power Dividers and Combiners Production, Value and Gross Margin (2021-2026)
- 6.5.4 DEV Systemtechnik Power Dividers and Combiners Product Portfolio
- 6.5.5 DEV Systemtechnik Recent Developments
- 6.6 Werlatone
- 6.6.1 Werlatone Company Information
- 6.6.2 Werlatone Business Overview
- 6.6.3 Werlatone Power Dividers and Combiners Production, Value and Gross Margin (2021-2026)
- 6.6.4 Werlatone Power Dividers and Combiners Product Portfolio
- 6.6.5 Werlatone Recent Developments
- 6.7 Qualwave
- 6.7.1 Qualwave Company Information
- 6.7.2 Qualwave Business Overview
- 6.7.3 Qualwave Power Dividers and Combiners Production, Value and Gross Margin (2021-2026)
- 6.7.4 Qualwave Power Dividers and Combiners Product Portfolio
- 6.7.5 Qualwave Recent Developments
- 6.8 Radiall
- 6.8.1 Radiall Company Information
- 6.8.2 Radiall Business Overview
- 6.8.3 Radiall Power Dividers and Combiners Production, Value and Gross Margin (2021-2026)
- 6.8.4 Radiall Power Dividers and Combiners Product Portfolio
- 6.8.5 Radiall Recent Developments
- 6.9 E-Meca
- 6.9.1 E-Meca Company Information
- 6.9.2 E-Meca Business Overview
- 6.9.3 E-Meca Power Dividers and Combiners Production, Value and Gross Margin (2021-2026)
- 6.9.4 E-Meca Power Dividers and Combiners Product Portfolio
- 6.9.5 E-Meca Recent Developments
- 6.10 Innovative Power Products
- 6.10.1 Innovative Power Products Company Information
- 6.10.2 Innovative Power Products Business Overview
- 6.10.3 Innovative Power Products Power Dividers and Combiners Production, Value and Gross Margin (2021-2026)
- 6.10.4 Innovative Power Products Power Dividers and Combiners Product Portfolio
- 6.10.5 Innovative Power Products Recent Developments
- 6.11 R & K
- 6.11.1 R & K Company Information
- 6.11.2 R & K Business Overview
- 6.11.3 R & K Power Dividers and Combiners Production, Value and Gross Margin (2021-2026)
- 6.11.4 R & K Power Dividers and Combiners Product Portfolio
- 6.11.5 R & K Recent Developments
- 6.12 ET Industries
- 6.12.1 ET Industries Company Information
- 6.12.2 ET Industries Business Overview
- 6.12.3 ET Industries Power Dividers and Combiners Production, Value and Gross Margin (2021-2026)
- 6.12.4 ET Industries Power Dividers and Combiners Product Portfolio
- 6.12.5 ET Industries Recent Developments
- 6.13 Premier RF
- 6.13.1 Premier RF Company Information
- 6.13.2 Premier RF Business Overview
- 6.13.3 Premier RF Power Dividers and Combiners Production, Value and Gross Margin (2021-2026)
- 6.13.4 Premier RF Power Dividers and Combiners Product Portfolio
- 6.13.5 Premier RF Recent Developments
- 6.14 Teledyne RF & Microwave
- 6.14.1 Teledyne RF & Microwave Company Information
- 6.14.2 Teledyne RF & Microwave Business Overview
- 6.14.3 Teledyne RF & Microwave Power Dividers and Combiners Production, Value and Gross Margin (2021-2026)
- 6.14.4 Teledyne RF & Microwave Power Dividers and Combiners Product Portfolio
- 6.14.5 Teledyne RF & Microwave Recent Developments
- 6.15 MTS Systemtechnik
- 6.15.1 MTS Systemtechnik Company Information
- 6.15.2 MTS Systemtechnik Business Overview
- 6.15.3 MTS Systemtechnik Power Dividers and Combiners Production, Value and Gross Margin (2021-2026)
- 6.15.4 MTS Systemtechnik Power Dividers and Combiners Product Portfolio
- 6.15.5 MTS Systemtechnik Recent Developments
- 6.16 Quantic Pmi
- 6.16.1 Quantic Pmi Company Information
- 6.16.2 Quantic Pmi Business Overview
- 6.16.3 Quantic Pmi Power Dividers and Combiners Production, Value and Gross Margin (2021-2026)
- 6.16.4 Quantic Pmi Power Dividers and Combiners Product Portfolio
- 6.16.5 Quantic Pmi Recent Developments
- 6.17 Pasternack
- 6.17.1 Pasternack Company Information
- 6.17.2 Pasternack Business Overview
- 6.17.3 Pasternack Power Dividers and Combiners Production, Value and Gross Margin (2021-2026)
- 6.17.4 Pasternack Power Dividers and Combiners Product Portfolio
- 6.17.5 Pasternack Recent Developments
- 6.18 Nortec RF
- 6.18.1 Nortec RF Company Information
- 6.18.2 Nortec RF Business Overview
- 6.18.3 Nortec RF Power Dividers and Combiners Production, Value and Gross Margin (2021-2026)
- 6.18.4 Nortec RF Power Dividers and Combiners Product Portfolio
- 6.18.5 Nortec RF Recent Developments
- 6.19 Rflogy
- 6.19.1 Rflogy Company Information
- 6.19.2 Rflogy Business Overview
- 6.19.3 Rflogy Power Dividers and Combiners Production, Value and Gross Margin (2021-2026)
- 6.19.4 Rflogy Power Dividers and Combiners Product Portfolio
- 6.19.5 Rflogy Recent Developments
- 6.20 JFW Industries
- 6.20.1 JFW Industries Company Information
- 6.20.2 JFW Industries Business Overview
- 6.20.3 JFW Industries Power Dividers and Combiners Production, Value and Gross Margin (2021-2026)
- 6.20.4 JFW Industries Power Dividers and Combiners Product Portfolio
- 6.20.5 JFW Industries Recent Developments
- 6.21 Instock Wireless Components
- 6.21.1 Instock Wireless Components Company Information
- 6.21.2 Instock Wireless Components Business Overview
- 6.21.3 Instock Wireless Components Power Dividers and Combiners Production, Value and Gross Margin (2021-2026)
- 6.21.4 Instock Wireless Components Power Dividers and Combiners Product Portfolio
- 6.21.5 Instock Wireless Components Recent Developments
- 6.22 Aaronia
- 6.22.1 Aaronia Company Information
- 6.22.2 Aaronia Business Overview
- 6.22.3 Aaronia Power Dividers and Combiners Production, Value and Gross Margin (2021-2026)
- 6.22.4 Aaronia Power Dividers and Combiners Product Portfolio
- 6.22.5 Aaronia Recent Developments
- 6.23 ETL Systems
- 6.23.1 ETL Systems Company Information
- 6.23.2 ETL Systems Business Overview
- 6.23.3 ETL Systems Power Dividers and Combiners Production, Value and Gross Margin (2021-2026)
- 6.23.4 ETL Systems Power Dividers and Combiners Product Portfolio
- 6.23.5 ETL Systems Recent Developments
- 6.24 Beijing Ocean Microwave
- 6.24.1 Beijing Ocean Microwave Company Information
- 6.24.2 Beijing Ocean Microwave Business Overview
- 6.24.3 Beijing Ocean Microwave Power Dividers and Combiners Production, Value and Gross Margin (2021-2026)
- 6.24.4 Beijing Ocean Microwave Power Dividers and Combiners Product Portfolio
- 6.24.5 Beijing Ocean Microwave Recent Developments
7 Global Power Dividers and Combiners Production by Region
- 7.1 Global Power Dividers and Combiners Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Power Dividers and Combiners Production by Region (2021-2032)
- 7.2.1 Global Power Dividers and Combiners Production by Region (2021-2026)
- 7.2.2 Global Power Dividers and Combiners Production Forecast by Region (2027-2032)
- 7.3 Global Power Dividers and Combiners Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Power Dividers and Combiners Production Value by Region (2021-2032)
- 7.4.1 Global Power Dividers and Combiners Production Value by Region (2021-2026)
- 7.4.2 Global Power Dividers and Combiners Production Value by Region (2027-2032)
- 7.5 Global Power Dividers and Combiners Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Power Dividers and Combiners Production Value (2021-2032)
- 7.6.2 Europe Power Dividers and Combiners Production Value (2021-2032)
- 7.6.3 Asia-Pacific Power Dividers and Combiners Production Value (2021-2032)
- 7.6.4 South America Power Dividers and Combiners Production Value (2021-2032)
- 7.6.5 Middle East & Africa Power Dividers and Combiners Production Value (2021-2032)
8 Global Power Dividers and Combiners Consumption by Region
- 8.1 Global Power Dividers and Combiners Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Power Dividers and Combiners Consumption by Region (2021-2032)
- 8.2.1 Global Power Dividers and Combiners Consumption by Region (2021-2026)
- 8.2.2 Global Power Dividers and Combiners Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Power Dividers and Combiners Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Power Dividers and Combiners Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Power Dividers and Combiners Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Power Dividers and Combiners Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Power Dividers and Combiners Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Power Dividers and Combiners Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Power Dividers and Combiners Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Power Dividers and Combiners Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Power Dividers and Combiners Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Power Dividers and Combiners Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 Power Dividers and Combiners Value Chain Analysis
- 9.1.1 Power Dividers and Combiners Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Power Dividers and Combiners Production Mode & Process
- 9.2 Power Dividers and Combiners Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Power Dividers and Combiners Distributors
- 9.2.3 Power Dividers and Combiners Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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