Microwave Transmission Equipment Market is expected to reach US$ 5,330.1 million by 2028

Advancements in 4G, LTE Advanced, and Other New Connectivity Technology Standards Worldwide Driving Growth of Microwave Transmission Equipment Market

According to our latest market study on “Microwave Transmission Equipment Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Network Technology (Packet Microwave, Hybrid Microwave, Small-Cell Backhaul, and Time Division Multiplexing), Component [Antennas, RF Processing Units, Indoor Units (IDU), Outdoor Units (ODU), and Cables and Connectors], Frequency Band (L Band, S Band, C Band, X Band, Ku Band, Ka Band, Q Band, and Others), Mounting Type (Full-Indoor, SplitMount, and Full-Outdoor), and Application (Navigation, Cellular Communication, Radio Telecommunication, Satellite Communication, Radar, and Broadband Communication),” the market was valued at US$ 3,135.6 million in 2020 and is projected to reach US$ 5,330.1 million by 2028; it is expected to grow at a CAGR of 7.3% from 2021 to 2028. The report highlights key factors driving the market growth and prominent players with their developments in the market.

Early buyers will receive 10% customization on reports.

Microwave links are heavily utilized by television broadcaster to transmit programmes across regions. Broadcasting and telecommunication transmission is amongst the major applications of microwave transmission solutions, which positively influences the impact of production of microwave transmission equipment. Factors such as technological enhancements in LTE advanced, 4G, and other new connectivity technology standards along with 5G is proliferating the scope of both wireless and cellular technologies. This factor is boosting the penetration of microwave transmission solutions, and thereby creating demand for microwave transmission equipment. Also, with rising spectrum efficiency and demand for high-capacity cellular connectivity in countries of Middle East and Asia, the scope of using microwave transmission solution would rise in coming years. The mentioned factors are projected to offer lucrative opportunities for the growth of microwave solutions, and thus microwave transmission equipment. The emergence of 5G deployments and improvement in telecom infrastructure would drive the growth of microwave transmission solutions.

Impact of COVID–19 Pandemic on Microwave Transmission Equipment Market

The COVID-19 outbreak is adversely affecting the industries across the world. Also, the global economy witnessed downturn in 2020, and it is likely to continue in 2021. The pandemic disturbed microwave transmission equipment businesses and supplies globally. Market players experienced disruptions in their operations, and it is likely to have consequences till mid-2021. Despite favorable growth conditions globally and high demand from healthcare sector, the ongoing COVID-19 outbreak affected the growth rate of market in 2020, and it is expected to have some negative impact in coming a few quarters. The crisis has restricted the global supply chains and business revenues due to factory shutdowns, border closing, and trade bans across the globe. However, with the opening of several growth markets in APAC, vaccination development, and initiatives taken by various governments to support economic and industrial growth, the future demand for microwave transmission equipment is anticipated to grow at a positive and steady pace in the coming years.

Microwave Transmission Equipment Market Breakdown – by Region, 2020 (%)

---

Microwave Transmission Equipment Market Size & Analysis 2028

Download Free Sample

---

Microwave Transmission Equipment Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Network Technology (Packet Microwave, Hybrid Microwave, Small-Cell Backhaul, and Time Division Multiplexing), Component [Antennas, RF Processing Units, Indoor Units (IDU), Outdoor Units (ODU), and Cables and Connectors], Frequency Band (L Band, S Band, C Band, X Band, Ku Band, Ka Band, Q Band, and Others), Mounting Type (Full-Indoor, SplitMount, and Full-Outdoor), and Application (Navigation, Cellular Communication, Radio Telecommunication, Satellite Communication, Radar, and Broadband Communication)

The global Microwave Transmission Equipment Market has been segmented as follows:

Microwave Transmission Equipment Market – by Network Technology

• Packet Microwave
• Hybrid Microwave
• Small-Cell Backhaul
• Time Division Multiplexing

Microwave Transmission Equipment Market – by Component

• Antennas
• RF Processing Units
• Indoor Units (IDU)
• Outdoor Units (ODU)
• Cables and Connectors

Microwave Transmission Equipment Market – by Frequency

• L Band
• S Band
• C Band
• X Band
• Ku Band
• Ka Band
• Q Band
• Others

Microwave Transmission Equipment Market – by Mounting Type

• Full-Indoor
• SplitMount
• Full-Outdoor

Microwave Transmission Equipment Market – by Application

• Navigation, Cellular Communication
• Radio Telecommunication
• Satellite Communication
• Radar
• Broadband Communication

Microwave Transmission Equipment Market – by Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Rest of Europe
• Asia Pacific (APAC)
  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC
• Middle East & Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA
• South America (SAM)
  • Brazil
  • Argentina
  • Rest of SAM