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Microwave Transmission Equipment Market is expected to reach US$ 5,330.1 million by 2028 | The Insight Partners
Microwave Transmission Equipment Market
Microwave links are heavily utilized by television broadcaster to transmit programmes across regions. Broadcasting and telecommunication transmission is amongst the major applications of microwave transmission solutions, which positively influences the impact of production of microwave transmission equipment. Factors such as technological enhancements in LTE advanced, 4G, and other new connectivity technology standards along with 5G is proliferating the scope of both wireless and cellular technologies. This factor is boosting the penetration of microwave transmission solutions, and thereby creating demand for microwave transmission equipment. Also, with rising spectrum efficiency and demand for high-capacity cellular connectivity in countries of Middle East and Asia, the scope of using microwave transmission solution would rise in coming years. The mentioned factors are projected to offer lucrative opportunities for the growth of microwave solutions, and thus microwave transmission equipment. The emergence of 5G deployments and improvement in telecom infrastructure would drive the growth of microwave transmission solutions.
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According to our latest market study on "Microwave Transmission Equipment Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Network Technology (Packet Microwave, Hybrid Microwave, Small-Cell Backhaul, and Time Division Multiplexing), Component [Antennas, RF Processing Units, Indoor Units (IDU), Outdoor Units (ODU), and Cables and Connectors], Frequency Band (L Band, S Band, C Band, X Band, Ku Band, Ka Band, Q Band, and Others), Mounting Type (Full-Indoor, SplitMount, and Full-Outdoor), and Application (Navigation, Cellular Communication, Radio Telecommunication, Satellite Communication, Radar, and Broadband Communication)," the market was valued at US$ 3,135.6 million in 2020 and is projected to reach US$ 5,330.1 million by 2028; it is expected to grow at a CAGR of 7.3% from 2021 to 2028. The report highlights key factors driving the market growth and prominent players with their developments in the market.
List of Top Company Profiles:
NEC Corporation
Huawei Technologies Co., Ltd.
Telefonaktiebolaget LM Ericsson
SIAE MICROELETTRONICA Group
Intracom Telecom
Nokia Corporation
Anritsu
Aviat Networks, Inc.
Ceragon Networks Ltd.
DragonWave-X
Impact of COVID-19 Pandemic on Microwave Transmission Equipment Market
The COVID-19 outbreak is adversely affecting the industries across the world. Also, the global economy witnessed downturn in 2020, and it is likely to continue in 2021. The pandemic disturbed microwave transmission equipment businesses and supplies globally. Market players experienced disruptions in their operations, and it is likely to have consequences till mid-2021. Despite favorable growth conditions globally and high demand from healthcare sector, the ongoing COVID-19 outbreak affected the growth rate of market in 2020, and it is expected to have some negative impact in coming a few quarters. The crisis has restricted the global supply chains and business revenues due to factory shutdowns, border closing, and trade bans across the globe. However, with the opening of several growth markets in APAC, vaccination development, and initiatives taken by various governments to support economic and industrial growth, the future demand for microwave transmission equipment is anticipated to grow at a positive and steady pace in the coming years.
Microwave Transmission Equipment Market Segmentation:
By Network Technology:
Packet Microwave
Hybrid Microwave
Small-Cell Backhaul
Time Division Multiplexing
By Component:
Antennas
RF Processing Units
Indoor Units
Outdoor Units
Cables and Connectors
By Mounting Type:
Full-Indoor
Split Mount
Full-Outdoor
By Frequency Band:
L Band
S Band
C Band
X Band
Ku Band
Ka Band
Q Band
Others
By Application:
Navigation
Cellular Communication
Radio Telecommunication
Satellite Communication
Radar
Broadband Communication
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Frequency Band Based Market Insights
Based on frequency band, the microwave transmission equipment market is segmented into L Band, S Band, C Band, X Band, Ku Band, Ka Band, Q Band, and others. The C band segment dominated the market in 2020. The C band are majorly chosen over Ku band for satellite as they are less vulnerable to rain fade than Ku band. The band is utilized for weather radars, 802.11a version of Wi-Fi devices and Radio LAN in 5 GHz range.
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The Insight Partners
Email: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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