According to the new market research
report "Microwave Transmission Equipment
Market by Network Technology (Hybrid, Packet Microwave, Small
Cell), Component (IDU, ODU), Frequency Band, Mounting Type (Full Indoor, Split
Mount, Full Outdoor), Application, and Geography - Global Forecast to 2022", The microwave
transmission equipment market was valued at USD 4.88 Billion in 2015 and is
expected to reach USD 6.18 Billion by 2022, at a CAGR of 3.38% between 2016 and
2022. Factors such as increasing use of cellular communication networks for
facilitating M2M connectivity, growing spectrum efficiency and automation
level, and rise in 4G, LTE advanced standards are driving the growth of this market.
Packet microwave is expected
to hold the largest share in the microwave transmission equipment market by
2022. It is a low-cost, high-capacity communication technology, which is easy
to install in urban as well as rural areas. The advantages of packet microwave
technology-based broadband services include increased bandwidth, improved
modulation, and higher throughput capacities of microwave radios. This
technology enables the efficient transmission of TDM and Ethernet packet over
radio links and offers innovative and cost-effective wireless transmission
solutions for carrier Ethernet services.
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Cellular communication is expected to
account for the largest share of the microwave transmission equipment market
during the forecast period. Increasing cellular communication is driving the
growth of the microwave transmission equipment market. Cellular communication
services can be provided for domestic and enterprise applications using
microwave technologies at affordable costs.
APAC accounted for the largest share of the microwave
transmission equipment market in 2015, followed by North America and Europe.
This market in APAC is also expected to grow at the highest rate during the
forecast period. China and India accounted for a significant share of this
market in APAC in 2015. The high growth of the market in this region can be
attributed to the increasing demand for high-speed wireless connectivity for
consumer applications such as smartphones, high-definition video broadcasting,
and e-commerce portals.
The key players operating in the 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 Inc. (U.S.), Intracom S.A. Telecom Solutions (Greece), Ceragon
Networks Ltd. (Israel), DragonWave Inc. (Canada), and Anritsu Corp. (Japan),
among others.
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