Microwave Equipment Market - Global Industry Analysis

Microwave Equipment Market

Global Microwave Equipment Market Size, Share and Forecast to 2030

Category: Technology & Media Report Format : PDF Pages: 210 Report Code: ZMR-3285 Published Date: Aug-2018 Status : Published

Global microwave equipment market expected to reach around USD 6.95 billion by 2024, at a CAGR of approximately 3.56% for the forecast period from 2018 to 2024.

Table Of Content

Methodology

Free Analysis

A microwave is a major component of backhaul networks and is anticipated to evolve as a part of upcoming 5G's ecosystem. As microwave is a preferred self-built and transmission model, the key operators of the microwave equipment market are constantly focusing on mobile operators in order to improve their network performance. This is also considered as one of the notable trends to boost the microwave deployment thereby, contributing to the growth of the microwave equipment industry. Some of the best features of the microwave network include feasibility, reliability, cost-effectiveness, and less maintenance cost. These factors are expected to accelerate the demand for the microwave equipment industry.

Microwave equipment market is bifurcated into technology, vertical, and region. On the basis of technology, the market is divided into LTE, HSPA/HSPA+, WiMAX, satellite, and wireless broadband. In terms of verticals, the market is categorized into banking & financial service, public sector, IT & telecom, media & entertainment, healthcare, and manufacturing. Microwave equipment market has further promoted its area for operators to install new base stations for providing a better quality of experience over LTE networks. One of the leading drivers in this market is increasing penetration of Ethernet-based microwave transmission. Moreover, the increasing hybrid TDM (Time Division Multiplexing) Ethernet system is another factor enhancing the development of the market. In addition, the new cell sites and increasing upgradation of 4G LTE will boost the market growth. However, increasing cost to upgrade the mobile networks is one of the aspects deteriorating the growth of the microwave equipment market. Site acquisition and growing competition among technologies are the two major challenging factors of the market.

Global Microwave Equipment Market

Geographically, the Asia Pacific microwave equipment market held the largest market share in 2015, followed by North America and Europe. The demand for the high-speed wireless network for smartphones, e-commerce portals, and high definition video broadcasting is very high in the Asia Pacific, thus it is predicted to be a key region for the growth of microwave equipment market over the forecast period. North America and Western Europe are anticipated to hold a significant share in microwave equipment market. The continuous focus on commercializing 5G network solutions and enhancing network performance are key reasons to drive the demand for the market in respective regions. The Middle East and Africa region are also anticipated to witness substantial growth due to increasing demand for a mobile network in this region.

Some of the major players of the microwave equipment market may tend to acquire small companies in order to improve their product lineup in the near future. For instance, in August 2014, Nokia Network acquired Schaumburg that offered infrastructure and network deployment solutions. In June 2014, same company announced the tie-up with Mesaplexx Pty Ltd. in order to enhance the radio capability of the network business. 

Key players operating in the microwave equipment market are Ericsson, Bridgewave Communications, ZTE Corporation, Huawei, Nokia Networks Alcatel-Lucent, Dragonwave, Proxim Wireless, NEC, and E Band Communications. Other industry participants include Ceragon Network Ltd., Exalt Communication, Siklu, Aviat Networks, Adtran, Intracom Telecom, E-band, SIAE Microelettronica S.p.A, Trango System, Cambridge Broadband, and others.

Choose License Type

  • zion payment modes

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008

Contact #

US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • payment methods

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed