Microwave Transmission Equipment Market is valued at USD 4.93 Billion in 2018 and expected to reach USD 6.12 Billion by 2025 with the CAGR of 3.14% over the forecast period. Rise in the usage of wireless technologies and increasing demand of mobile backhaul networks is likely to drive the growth of Global Microwave Transmission Equipment Market.
Microwave is referred as a line of sight wireless communication technology that utilizes high frequency beams of radio waves to provide seamless wireless connections to send and receive information. Microwave transmission is widely applied to perform point to point communication on the surface of earth. Microwave transmission equipment is designed to transmit video, audio or data information between two locations which can be several miles or kilometers apart. This equipment collectively gives the various advantages such as low cost and high performance with characteristics that can compete with the wire communications technologies and is the best solution for the deployment of transmission networks on higher levels.
Global microwave transmission equipment market report is segmented on the basis of network technology, component, applications and regional & country level. Based upon network technology, microwave transmission equipment market is segmented into packet microwave, hybrid microwave, small-cell backhaul and time division multiplexing (TDM). On the basis of component, the market is classified into antennas, RF processing units, IDUs, ODUs, cables and connectors. Based upon applications, microwave transmission equipment market is segmented into navigation, mobile telephone communication, wireless communications, satellite communications, radar and broadband communications.
The regions covered in this microwave transmission equipment market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of microwave transmission equipment market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Some major key players for Global Microwave Transmission Equipment market are
Increasing Demand of Broadband Services and Emergence of New Wireless Mobile Technologies is Likely to Drive the Market Growth.
Microwave transmission equipment market is anticipated to witness a high growth during the forecast period with the breakthrough transformation of telecommunication industry aiming to install the transmission equipment that provides the higher efficiency and capacity to support the increasing demands for wireless broadband services. Worldwide customers are willing to get more bandwidth and better service quality, thus operators are focusing to meet their changing needs by installing the microwave transmission equipment.Next generation wireless communication technologies associated with the 5G is making the path to reach the high level of goals with enhance features, this in turn requires the microwave transmission equipment to handle all the radio access sites.
Similarly, rising demand of cellular backhaul have contributed to these types of microwave deployments to an increased level. Mobile backhaul is accounted for largest application for point-to-point microwave transmission equipment and it grew about 9% year over year to USD 1.8 billion. Excluding North America and china, microwave equipment used in mobile backhaul networks that accounts for about 55 to 65%. However, line of sight may disrupted due to many obstacles are coming while transmission occurs and this equipment are relatively expensive may hamper the growth of this market. In spite of that, technological advancements in wireless communication technologies will offer most sophisticated options in the coming years.
Asia pacific is Expected to Dominate the Global Microwave Transmission Equipment Market.
Asia pacific is expected to account for the largest share for microwave transmission equipment within the forecast period. In Asia, telecom infrastructure is one of the emerging technologies that drive the major force to strengthen the developments of microwave transmission in all the aspects of new innovations which are based on the wireless communication. From the Asia pacific region, India has shown the significant revenue growth in microwave transmission holding about 37% year by year which is four times more than North America and Europe both are accounted for 9% growth. Similarly, North America region finds its way by the deployment of microwave transmission equipment into numerous military applications.
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