Microwave Transmission Equipment Market

Microwave Transmission Equipment Market Outlook (2022 to 2032)

Global microwave transmission equipment sales are expected to reach a valuation of US$ 8.7 billion by the end of 2032. In 2022, the market stood at a total of US$ 5.5 billion. It is likely to expand at a CAGR of 4.7% during the forecast period 2022 and 2032.

As per Persistence Market Research (PMR), the split mount segment is expected to propel at a CAGR of over 4.7% from 2022 to 2032.

Microwave transmission equipment is widely used in telecommunication, broadcasting, and other similar industries. These industries require high-speed data transfer over long distance.

Microwave transmission equipment helps with point-to-point communication, where a signal is sent from one point to another without the need for physical wires and cables.

Increasing demand for high speed data transfer and reliable communication networks are likely to drive demand in the global market. Factors such as the rise of 5G network, proliferation of smart devices, and increasing use of cloud computing will fuel demand.

The need for microwave transmission equipment is growing due to the need for reliable, high-speed connectivity. With the rise of the internet of things (IoT), 5G connectivity, and similar technologies, mere speed or range in itself is not a key indicator of consumer popularity anymore.

Surging adoption of wireless communication technology and development of advanced microwave technologies is likely to stimulate demand on forthcoming ten years.

It includes a wide range of products such as microwave antennas, microwave backhaul system, and related accessories. This equipment is used in various applications including video streaming, voice and data transmission, and internet connectivity.

Key Trends Shaping the Market:

• Deployment of 5G networks is driving demand for microwave transmission equipment.
• They need for high bandwidth and fast transmission rates for usage in advanced technology like IoT is surging the microwave transmission equipment market.
• Increasing popularity of video streaming services such as Netflix and YouTube is driving demand for high-speed and reliable networks obtainable through microwave transmission solutions.
• Growing demand for cloud computing is driving adoption of microwave transmission equipment across varying industries.
• Military demand for low-latency networks that can support real-time data transmission is increasing rapidly.

Regionally, Asia Pacific had a microwave transmission equipment industry size of US$ 2.6 billion in 2022 and further reached US$ 2.7 Billion in 2023. Asia Pacific is likely to be worth US$ 4.4 billion in 2033.

With capacities high as gigabit-per-second, the microwave transmission systems assist in fulfilling nearly all kinds of backhaul demand. A key component of operators' networks, microwave transmission offers increased spectrum efficiency. It helps in supporting efficient IP data transport, and achieving high degrees of automation and optimization.

As microwave transmission equipment is a critical component of 5G networks. It is used to transmit data and signals wirelessly over short distances between cell sites and other network components. With the increase in the adoption of 5G in the region the demand for microwave transmission equipment is projected to increase, expanding the market during the assessment period.

2017 to 2021 Microwave Transmission Sales Outlook Compared to Demand Forecast from 2022 to 2032

As per Persistence Market Research (PMR), historically, from 2017 to 2021, the value of the microwave transmission equipment market increased by around 2.6% CAGR. The global microwave transmission equipment industry will enjoy an absolute $ opportunity of US$ 3.2 billion through 2032. The market is projected to reach a valuation of US$ 8.7 billion by 2032.

Recent years have seen proliferation of data-intensive applications such as video streaming, online gaming, and cloud computing. This has led to a growing need for high-speed data transmission. Microwave transmission equipment is an effective way to provide high-speed connectivity to remote areas.

As mobile networks continue to expand and evolve, there is an increasing need for reliable and high-capacity backhaul links. Microwave transmission equipment is well-suited for this purpose. It provides a cost-effective and scalable way to transport data between cell sites and switching centers.

With the growing popularity of wireless broadband services, there is an increasing need for reliable and high-capacity wireless links. Microwave transmission equipment is well-suited for this purpose, as it can provide high-speed connectivity without the need for physical cables.

The expansion of 5G networks is projected to expand the microwave transmission equipment industry. This is because it can be used to transmit data and signals wirelessly over short distances between cell sites and other network components.

In 2019, around 12 million individuals subscribed to a 5G network, with around 1 billion people using 5G internet services by 2022. It is expected that by 2027, over 4.3 billion people would be accessing 5G data services.

With the rapid growth of 5G around the world, demand for microwave transmission equipment is projected to rise.

Microwave transmission equipment is widely used in military applications in military communications and it plays a critical role in modern military operations. Military organizations use microwave transmission equipment to provide high-speed, secure, and reliable communications between different units and command centers.

Microwave links are also used for surveillance and reconnaissance applications, allowing military personnel to gather real-time information about enemy activities and movements.

Global defense spending was around $1.8 trillion in the year 2018 and reached a value of around 2.4 trillion by 2022. With the rise in defense spending around the world, the demand for microwave transmission equipment is projected to increase therefore expanding the market during the assessment period.

Country-wise Insights:

What is the Sales Outlook for the United States Microwave Transmission Equipment Market?

The microwave transmission equipment market in the United States is expected to be worth US$ 1.3 billion in 2032. The absolute $ growth through 2032 is approximated at US$ 379 million.

The microwave transmission equipment industry in the United States expanded at a CAGR of 0.4% between 2017 and 2021. It is further expected to soar at a CAGR of 3.6% from 2022 to 2032.

As per National Center for Education Statistics, in 2019, 95% of children aged 3 to 18 have access to the internet at home. In particular, 88% of respondents used a computer to access the internet, while 6%used a smartphone.

Microwave transmission equipment plays a crucial role in the backhaul link of 5G networks. These are used to connect the core network to the radio access network (RAN), where the base stations and antennas are located. The increase in share of 5G users in the country is expected to significantly expand the market during the assessment period.

How China is Marking its Presence in the Microwave Transmission Equipment Market?

China microwave transmission equipment industry is expected to reach a worth of US$ 2.3 billion. The microwave transmission equipment sales in China exhibited a CAGR of 4.6% from 2017 to 2021. It is likely to surpass a CAGR of 6.2 % during 2022 and 2032.

China is a prominent military power in the region, spending around US$ 174 billion on the military in 2018. This figure increased to around US$ 230 billion by 2022.

It is projected that by 2030, China is likely to spend around US$ 531 billion on the military, as microwave transmission equipment is widely used in the military operations. This is set to make China a leading market in the region for microwave transmission equipment.

Which Product by Mounting Type is Expected to Remain Popular among Microwave Transmission Equipment?

By mounting type, split mount exhibited a CAGR of 2.5 % from 2017 to 2021. It is expected to propel at a CAGR of 4.5 % between 2022 and 2032.

In a split mount system, the two units are connected by a coaxial cable or waveguide. This cable carries the radio signals between the antenna and the transmitter/receiver. The advantage of using a split mount system is that it allows for easy maintenance and upgrades of the radio equipment.

Split mounts also help in reducing the amount of cabling required to connect the various components. These systems are commonly used in point-to-point microwave links.

Point-to-point links are high-frequency radio signals transmitted between two fixed points over a distance of several kilometers or more. These links are often used for telecommunications, broadcasting, and other applications where high-speed data transfer is required.

Which Microwave Transmission Equipment Application Will Likely be the Market forerunner?

Cellular communication segment expanded at a CAGR of 2.4 % from 2017 to 2021. It is likely to exhibit at a CAGR of 4.3 % during 2022 to 2032.

Microwave transmission equipment is a critical component in cellular communication networks. It is used to transmit voice and data signals between different cell sites, which are connected to a central switching station or base station.

Microwave transmission equipment is used in cellular communication networks to extend coverage to areas where it is difficult or impractical to lay fiber optic cables. This includes rural areas, mountainous regions, and other areas with challenging terrain.

Microwave transmission equipment is also used to provide backup connectivity in case of fiber optic cable failures or other network outages. This ensures that the cellular network remains operational even in the event of an outage.

Competitive Landscape:

The key players in the market include Huawei Technologies Co., Ltd., NEC Corp., Alcatel-Lucent S.A., LM Ericsson Telefon AB, Ceragon Networks Ltd., DragonWave Inc., Anritsu, Giga-Tronics Inc., Intracom Telecom, MegaFon, Aviat Network.

Key players are investing heavily in expanding their presence and product portfolios around the world. The companies are also focusing on partnerships and collaborations to augment their market positions.

Recent Developments:

• In March 2021, Ceragon Networks Ltd. announced that its technologies and services have been chosen to provide extensive 4G and future 5G network capacity. It also provides coverage expansions by a Colombian Tier-1 operator with a large footprint in Latin America. Ceragon will also build the wireless backbone for a significant government-sponsored rural connectivity initiative. These large-scale projects aim to provide countrywide connection while also expanding the operator's overall coverage.
• In November 2020, Huawei Technologies announced the launch of microwave long-reach E-band solutions. The company aims to scale up its 5G Deployment with this new offering.
• In September 2019, MegaFon has selected Ericsson to design a new statewide microwave transmission network to aid in the deployment of 5G technologies. Ericsson will deploy microwave and microwave e-band equipment in Russia over the next three years.

Scope of the Report:

Global Microwave Transmission Equipment Market Segmentation:

By Mounting Type:

• Full-Indoor
• Split-Mount
• Full-Outdoor

By Network Technology:

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

By Application:

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

By Component:

• Antennas
• RF Processing Units
• IDUs
• ODUs
• Cables and Connectors

By Frequency Band:

• L Band
• S Band
• C band
• X Band
• KU Band
• Ka Band
• V Band
• E Band
• W Band

By Region:

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa

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