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Microwave Transmission Equipment Market Growth Analysis and 2022 Market Outlook


The Microwave Transmission Equipment Market is expected to be valued at USD 6.18 Billion by 2022, growing at a CAGR of 3.38% between 2016 and 2022. The growth of this market is propelled by the rise of 4G, LTE advanced, and other new standards, along with increased spectrum efficiency.
The market, considered in this report, has been classified on the basis of network technology into packet microwave, hybrid microwave, small-cell backhaul, and time division multiplexing (TDM). Packet microwave is expected to be the largest market for network technology by 2022, by replacing the hybrid microwave, which was the most widely deployed technology in the last decade. The packet microwave is a low power radio access node that provides flexibility and cost effective microwave solution for various communication applications. Modern data transmissions have evolved from standard definition broadcasts to high definition (HD) and ultra-high definition (UHD) broadcasts, which are not efficiently supported by hybrid microwave networks. That is why the demand has started shifting toward packet microwave which offers higher data transmission rates and lesser signal loss.
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Microwave transmission equipment can be used for various communication applications such as cellular, radio telecommunication, broadband, satellite, radar, and navigation. The report provides a description of each of these application areas of microwave transmission equipment. Cellular communication is expected to account for the largest share of the market between 2016 and 2022. The demand for cellular communication is largely driven by the increasing spectrum efficiency and growing automation level. The growing demand for cellular communication for consumer and industrial applications is driving the growth of the microwave transmission equipment market.
The market for full-outdoor mounted microwave equipment is expected to grow at the highest rate between 2016 and 2022. The type of microwave transmission equipment requires lesser space (for installation) compared to split-mount-based systems. Moreover, split-mount-based systems consume more power as both the indoor and outdoor units in these systems need power for transmission. This further adds to the overall operational costs of the microwave transmission equipment. Hence, operators are switching toward full-outdoor mounting type equipment.
Some of the major companies operating in the microwave transmission equipment market are Huawei Technologies Co., Ltd. (China), LM Ericsson Telefon AB (Sweden), Alcatel-Lucent S.A. (France), and NEC Corp. (Japan). These companies have developed innovative products catering to the market.
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