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.
Browse 66 market data tables and 59 figures spread through 151 pages and in-depth TOC on “Microwave Transmission Equipment Market - Global Forecast to 2022”
Early buyers will receive 10% customization on reports.
Packet microwave network technology likely to account for the largest share of the microwave transmission equipment market between 2016 and 2022
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.
Microwave transmission equipment market for cellular communication expected to hold the largest share during the forecast period
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
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.
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: [email protected]