Microwave Transmission Equipment Market

Global Microwave Transmission Equipment Market Size (2023 to 2028)

The global microwave transmission equipment market size is expected to be worth USD 6.35 Billion in 2023. It is expected to grow at a CAGR of 3.84% during the forecast period and reach a value of USD 7.67 Billion by 2028.

Microwave transmission is the process of transmitting data of any kind (which includes audio and visual) in which the microwave frequency is utilized. The process of transmitting data can be done at a variable distance, whether it can be in proximity or long distance with this microwave transmission. Also, there are various advantages to this process, such as several devices that can use microwave frequency without the signal being hampered. Moreover, microwave transmission can transfer large amounts of data from one point to another. Microwave transmission equipment is employed in numerous communication applications, including cellular, radio telecommunication, broadband, satellite, radar, and navigation. Moreover, the growing cellular communication is expected to increase the demand for this equipment. Further, this cellular communication is mostly driven by the rising spectrum efficiency and increasing automation level. These factors are influencing the growth of the Global Microwave Transmission Equipment Market.

MARKET DRIVERS:

Microwave is a key component of current backhaul networks and is going to evolve as a part of the future 5G ecosystem; thus, various operators are constantly focusing on moving from a leased backhaul model to a self-built model is a notable trend that was expected to rise the microwave deployment, which is turning into as a major factor driving the growth of the global microwave transmission equipment market. Also, microwave networks are as reliable as fiber networks and have low maintenance; this network is a feasible/cost-effective network type in rural areas or regions with less fiber network penetration rate, boosting the adoption of Microwave Transmission Equipment over the coming years. Furthermore, the constant focus on the enhancements in the performance of their networks by numerous mobile operators, because the microwave will continue to be the preferred transmission medium of choice for mobile networks, is another key factor pushing the growth of the target market.

MARKET RESTRAINTS:

However, the line of sight might be disrupted by various obstacles while the transmission occurs, which is the major restraint that was hampering the growth of the Global Microwave Transmission Equipment Market. In addition, the high development cost of this equipment is another factor that was challenging the target market. Nonetheless, rising technological developments in wireless communication technologies are creating lucrative opportunities for the expansion of the players in the Global Microwave Transmission Equipment Market.

Impact of COVID-19 on the microwave transmission equipment market:

The effect of the COVID-19 pandemic on the Global Microwave Transmission Equipment Market is significant. It has created a downfall in the expansion of the target market in some sectors due to the economic slowdown around the world because of the lockdown of various industries. However, the growing trend of working from home all around the world, owing to the implementation of practices for avoiding the spread of the virus, is surging the demand for coverage of more areas by wireless communications, which is expected to boost the growth of the target market.

REPORT COVERAGE:

This research report on the global microwave transmission equipment market has been segmented and sub-segmented into the following categories.

Global Microwave Transmission Equipment Market – By Components Outlook:

• Antennas
• RF Processing Units
• IDUs
• ODUs
• Cables
• Connectors

Global Microwave Transmission Equipment Market – By Frequency Band Type:

• L Band
• S-Band
• C Band
• X Band
• Ku Band
• Ka-Band
• V Band
• E Band
• W Band

Global Microwave Transmission Equipment Market – By Network Technology Outlook:

• Packet Microwave
• Hybrid Microwave
• Small-Cell Backhaul
• Time Division Multiplexing (TDM)

Global Microwave Transmission Equipment Market – By Application:

• Navigation
• Cellular Communication
• Radio Telecommunication
• Satellite Communication
• Radar
• Broadband Communication

Global Microwave Transmission Equipment Market – By Region:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa

In the regional analysis of the global microwave transmission equipment market, Asia Pacific accounted for the largest share of the global market in terms of revenue. The major factor that drove the growth of the microwave transmission equipment market in this region is the fact that Asia-Pacific is an emerging telecom infrastructure technology that is strengthening the advancements of microwave transmission in various aspects of new innovations that are based on wireless communication. Within the region, India is witnessing rapid growth in microwave transmission revenue, accounting for about 37%, which is estimated to be four times more than North America and Europe, which held a 9% growth rate, respectively. Further, this microwave transmission equipment is finding its way into the North American region through its deployment into numerous applications in the military.

KEY MARKET PLAYERS:

The key players in the global microwave transmission equipment market include LM Ericsson Telefon AB (Sweden), Huawei Technologies Co., Ltd. (China), Alcatel-Lucent S.A. (France), NEC Corp. (Japan), Aviat Networks (U.S.), Intracom Telecom (Greece), Ceragon Networks (Israel), DragonWave Inc. (Canada), and Anritsu (Japan) and among others.

RECENT HAPPENINGS IN THE MARKET:

• Systancia and Alcatel-Lucent agreed to work together to provide companies with secure and complementary solutions to facilitate the organization of their employees’ teleworking and ensure business continuity.
• Huawei Technologies, one of the key players in the Global Microwave Transmission Equipment Market, has announced that it has entered a strategic partnership with the Lebanese Association for the Development of Information and Technology (LADIT).