Advanced Cellular Network Technologies advantageous to the Global Microwave Transmission Equipment Market Growth

According to the projections put forth by Inkwood Research, the Global Microwave Transmission Equipment Market is anticipated to record a CAGR of 3.96% in terms of revenue during the forecasting years of 2021-2028.

"Browse 81 Market Data Tables and 60 Figures spread over 248 Pages, along with an in-depth TOC on the Global Microwave Transmission Equipment Market Forecast 2021-2028."

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Microwave transmission is the line-of-sight transmission of information by electromagnetic waves. The equipment is used for several communication applications like radar, satellite, broadband, radio telecommunication, navigation, and cellular.

Upgradation in Cellular Network Technology drives Market Growth
The advancements in 3G networks, the rollout of new 4G networks, consolidation of 5G rollout plans, etc., have led to the fast-paced development of mobile coverage and capacity. As a result, several mobile network operators have made substantial investments in LTE rollouts globally during the planned network transitions. For instance, as per the GSMA statistics, as of July 2017, 782 operators invested in LTE across 200 countries.

This has considerably improved the Mobile Broadband (MBB) proposition and coverage, offering competitive data tariffs and cost-effective, high-speed internet devices.

Microwave transmission solutions aid in fulfilling every backhaul requirement with gigabit-per-second capabilities. They also provide rising levels of automation and optimization, supplement efficient IP data transmission, and increased spectrum efficiency, making them an essential part of operators' network evolution. Moreover, microwave transmission in the air is faster than light transmission in optical fiber.

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Navigation is the Fastest-Growing Application
Navigation entails 24 satellites in orbit 20,000 to 26,000 nautical miles above the earth. Data from a minimum of four of these satellites is needed to receive precise information. The signals transmitted from the satellites can be detected, and location displayed, with a suitable GPS receiver.

GPS uses microwaves. Each signal has a unique frequency, amplitude, phase, wavelength, or some integration of these parameters. The microwave signals emitted are used to calculate the distance of at least three satellites, along with the device whose location is being measured

Major Region in terms of Revenue Share: Asia-Pacific
The region is one of the primary contributors to the telecommunication sector. The digitalization of economies, government initiatives, and rising disposable income are among the major factors propelling the market growth. In addition, the presence of developing and dynamic economies has impacted the aviation sector's growth.

Moreover, with the growing focus on aviation, there is a rising inclination towards VHF radio incorporation for long-range communication.

The leading regional and global players are investing significantly in the research and development of the products, thereby intensifying the competitive rivalry. Some of the main players in the market include Nokia, NEC Corporation, DragonWave-X, Ericsson, Huawei Technologies Co Ltd, etc.

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