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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, split Mount, 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.

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Microwave links are heavily utilized by television broadcaster to transmit programmed 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. 

Advancements in 4G, LTE Advanced, and Other New Connectivity Technology Standards

Mobile coverage and capacity are rapidly evolving with the ongoing expansion and improvements in 3G networks; rollout of new 4G networks; addition of complementary coverage solutions such as pico, Wi-Fi, micro, and indoor solutions; and consolidation of 5G rollout plans. Many mobile network operators (MNOs) have made significant investments in LTE rollouts worldwide, as a part of planned transition from 2G/3G networks to the 4G network. The LTE deployment has been critical in improving the Mobile Broadband (MBB) proposition and improving coverage, as well as offering more competitive data tariffs and affordable high-speed internet devices. According to GSMA statistics, 782 operators had invested in LTE across 200 countries as of July 2017, with up to 601 LTE networks commercially deployed and launched in 192 countries.

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. 

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Microwave Transmission Equipment Market: Network Technology

Based on network technology, the microwave transmission equipment market is segmented into packet microwave, hybrid microwave, small-cell backhaul, and time division multiplexing. The packet microwave segment dominated the market in 2020. The penetration of packet technologies in microwave communication systems have changed the functioning of microwave system and complied to specified service-level agreement (SLA) such as performance and availability.

Microwave Transmission Equipment Market: Application

Based on application, the microwave transmission equipment market is segmented into navigation, cellular communication, radio telecommunication, satellite communication, radar, and broadband communication. The cellular communication segment continues to hold a significant share in the market. Cellular communication is another application of a microwave transmission equipment. Companies such as, Nokia Corporation, have released Next generation 5G microwave networks that require reliable and cost-effective solutions to accentuate radio link performance, simplify operations, and support advanced packet networking.

Microwave Transmission Equipment Market: Competitive Landscape and Key Developments

NEC Corporation, Huawei Technologies Co., Ltd., Telefonaktiebolaget LM Ericsson, SIAE MICROELETTRONICA Group, Intracom Telecom, Nokia Corporation, Anritsu, Aviat Networks, Inc., Ceragon Networks Ltd., and DragonWave-X are among the key players in the global Microwave Transmission Equipment market. The leading companies focus on the expansion and diversification of their market presence, and acquisition of new customer base, thereby tapping prevailing business opportunities.

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In 2021, Ceragon Networks Ltd. announced it has signed a US$ 23 million agreement with a Colombian tier-1 operator to support extensive 4G and future 5G network capacity and coverage enhancements in Colombia and Latin America..

In 2020, Nokia collaborated with Djezzy, an Algerian mobile operator. Under the collaboration, Nokia successfully completed a trial using its microwave carrier aggregation technology to support increased demand for capacity. The trail used Nokia’s Wavence microwave transport solution over nearly 6 kilometers with an ultra-high capacity of 8.5Gbps.

In 2020, SIAE MICROELETTRONICA group successfully completed the test with a tier 1 global mobile operator of e-band millimeter-wave radio reach for 5G mobile backhaul.

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