Market Introduction
North America has the most mature telecom market globally and has a high adoption of internet and mobile. Therefore, the region is highly adopting the microwave transmission equipment since the last few decades. As per the GSMA report, in 2019, around 290 million people had internet connectivity in the region. Additionally, rising measures to boost the operational efficiency and stiff competition among communications service providers (CSP’s) are essential factors propelling the growth of the market in this region. However, due to deregulated telecom market, the microwave transmission equipment market in North America is expected to experience slow growth during the forecast period. In 2020, the region experienced lockdown measures owing to the COVID-19 pandemic. During this time, cell phones and mobile networks became a crucial component for individual’s safety and functioning of economies. The mobile networks performed well during this period by keeping everyone connected despite variation in data consumption patterns, which reflected the substantial investments made by operators for providing additional network capacity. Further, 5G is poised to allow a new era of connectivity with enhanced services and efficiency across different industries. The telecom operators in North America are among the world leaders associated with the 5G deployment across the region, and the 5G connections are expected to reach around 100 million by 2022. Therefore, propelled by continuous investment for network development from operators and the increasing range of 5G smartphones at varying price points.
Market Overview and Dynamics
The Microwave Transmission Equipment Market in North America is expected to grow from US$ 783.41 million in 2021 to US$ 1433.27 million by 2028; it is estimated to grow at a CAGR of 9.0% from 2021 to 2028. Escalating Demand for High-Capacity Cellular Connectivity The reach of backhaul media varies across different parts of the network, which can be attributed to factors such as market maturity in fixed and mobile telecoms and government incentives. Moreover, the overall share of the microwave technology in the overall backhaul market is likely to decline in the coming years; however, the number of macro and small cell base stations would continue to rise, which would boost the total number of microwave-connected base stations. North America is one of the early regions to roll out the LTE. Due to a lack of readily available fiber and failure of existing copper-based infrastructure, the share of microwave technology has increased in backhaul deployments in the last few years. This is bolstering the growth of the microwave transmission equipment.
Key Market Segments
In terms of Network Technology type, the Packet Microwave segment accounted for the largest share of the North America 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 North America 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; Intracom Telecom; Nokia Corporation; Anritsu; Aviat Networks, Inc; Ceragon Networks Ltd; DragonWave-Xare.
Reasons to buy report
North America Microwave Transmission Equipment Market Segmentation
North America Microwave Transmission Equipment Market – By Network Technology Type
North America Microwave Transmission Equipment Market – By Component
North America Microwave Transmission Equipment Market – By Mounting Type
North America Microwave Transmission Equipment Market – By Application
North America Microwave Transmission Equipment Market – By Country
North America Microwave Transmission Equipment Market-Companies Mentioned
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 783.41 Million |
| Market Size by 2028 | US$ 1433.27 Million |
| CAGR (2021 - 2028) | 9.0% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Network Technology
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America Microwave Transmission Equipment Market is valued at US$ 783.41 Million in 2021, it is projected to reach US$ 1433.27 Million by 2028.
As per our report North America Microwave Transmission Equipment Market, the market size is valued at US$ 783.41 Million in 2021, projecting it to reach US$ 1433.27 Million by 2028. This translates to a CAGR of approximately 9.0% during the forecast period.
The North America Microwave Transmission Equipment Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Microwave Transmission Equipment Market report:
The North America Microwave Transmission Equipment Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Microwave Transmission Equipment Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Microwave Transmission Equipment Market value chain can benefit from the information contained in a comprehensive market report.
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