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)
No. of Pages:130
Report Code:
TIPRE00022800
Category:
Electronics and Semiconductor
Asia Pacific Microwave Transmission Equipment Market
APAC is one of the major contributors in the telecommunication sector. Rapid developments pertaining to technologies, initiatives from governments, digitalization of economies, and rise in disposable income of the middle-income class group are among the factors propelling the region's overall economy, which, in turn is driving the region from a developing to a developed phase. The establishment of telecom network bands such as 4G, which facilitates the implementation of microwave emitting hardware, are integrated in the network towers. APAC is anticipated to register the fastest CAGR in the APAC microwave transmission equipment market during the forecast period. The presence of dynamic and developing economies in APAC has positively influenced the growth of the aviation industry, which has increased the number of aircraft fleets in the region. Owing to the immense focus on aviation, the region is highly inclined toward implementing VHF radio for long-range communications. For instance, in China, the Air Traffic Management Bureau has executed over-the-horizon communications to contact traffic over the South China Sea. The constant growth in telecom industry across the developing economies of the region coupled with increasing internet penetration is propelling the growth of the microwave transmission equipment market. APAC is the fastest-growing market for telecom service providers. Further, voice and data consumption rate in APAC is growing due to high volume of mobile and broadband subscribers and users, resulting in tremendous growth opportunities for microwave transmission equipment providers. As per Cisco, mobile data and internet traffic was 5.88 Exabyte per month and is estimated to reach up to 43.17 Exabyte per month with a CAGR of 49% during the forecast period (2017–2022).
Market Overview and Dynamics
The Microwave Transmission Equipment Market in APAC is expected to grow from US$ 1114.08 million in 2021 to US$ 1623.02 million by 2028; it is estimated to grow at a CAGR of 5.5% from 2021 to 2028. Progress 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.The microwave transmission solutions help in meeting virtually every conceivable backhaul requirement, such as with gigabit-per-second capabilities. Microwave transmission solutions provide increased spectrum efficiency, support for efficient IP data transmission, and increasing levels of optimization and automation, which makes them an important part of operators' network evolution to 2020. This is bolstering the growth of the microwave transmission equipment.
Key Market Segments
In terms of application type, the Cellular Communication Segment accounted for the largest share of the APAC microwave transmission equipment in 2020. In terms of Component, type, the Outdoor Units (ODU) segment held a larger market share of microwave transmission equipment market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the APAC microwave transmission equipment are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are NEC Corporation; Huawei Technologies Co., Ltd; Telefonaktiebolaget LM Ericsson; SIAE MICROELETTRONICA Group; Nokia Corporation; Anritsu; Aviat Networks, Inc; Ceragon Networks Ltd; DragonWave-Xare.
Reasons to buy report
To understand the APAC Microwave Transmission Equipment Market landscape and identify market segments that are most likely to guarantee a strong return
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Efficiently plan M&A and partnership deals in APAC Microwave Transmission Equipment Market by identifying market segments with the most promising probable sales
Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form APAC Microwave Transmission Equipment Market
Obtain market revenue forecast for market by various segments from 2021-2028 in APAC region.
The List of Companies - Asia Pacific Microwave Transmission Equipment Market
NEC Corporation
Huawei Technologies Co., Ltd
Telefonaktiebolaget LM Ericsson
SIAE MICROELETTRONICA Group
Nokia Corporation
Anritsu
Aviat Networks, Inc
Ceragon Networks Ltd
DragonWave-X
Frequently Asked Questions
How big is the Asia Pacific Microwave Transmission Equipment Market?
The Asia Pacific Microwave Transmission Equipment Market is valued at US$ 1114.08 Million in 2021, it is projected to reach US$ 1623.02 Million by 2028.
What is the CAGR for Asia Pacific Microwave Transmission Equipment Market by (2021 - 2028)?
As per our report Asia Pacific Microwave Transmission Equipment Market, the market size is valued at US$ 1114.08 Million in 2021, projecting it to reach US$ 1623.02 Million by 2028. This translates to a CAGR of approximately 5.5% during the forecast period.
What segments are covered in this report?
The Asia Pacific Microwave Transmission Equipment Market report typically cover these key segments-
What is the historic period, base year, and forecast period taken for Asia Pacific Microwave Transmission Equipment Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Microwave Transmission Equipment Market report:
Historic Period : 2019-2020
Base Year : 2021
Forecast Period : 2022-2028
Who are the major players in Asia Pacific Microwave Transmission Equipment Market?
The Asia Pacific Microwave Transmission Equipment Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
NEC Corporation
Huawei Technologies Co., Ltd
Telefonaktiebolaget LM Ericsson
SIAE MICROELETTRONICA Group
Nokia Corporation
Anritsu
Aviat Networks, Inc
Ceragon Networks Ltd
DragonWave-X
Who should buy this report?
The Asia Pacific Microwave Transmission Equipment Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Asia Pacific Microwave Transmission Equipment Market value chain can benefit from the information contained in a comprehensive market report.
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