PUBLISHER: Lucintel | PRODUCT CODE: 1387070
PUBLISHER: Lucintel | PRODUCT CODE: 1387070
Microwave Network Equipment Trends and Forecast
The future of the global microwave network equipment market looks promising with opportunities in the 4G and 5G mobile backhaul, 3G backhaul aggregation, leased line replacement, and enterprise network markets. The global microwave network equipment market is expected to reach an estimated $6.3 billion by 2030 with a CAGR of 3.8% from 2024 to 2030. The major drivers for this market are increase in backhaul bandwidth, rising focus by mobile operators to enhance the performance of the networks, and transition from leased to self-built backhaul.
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Microwave Network Equipment by Segment
The study includes a forecast for the global microwave network equipment by product, application, and region.
Microwave Network Equipment Market by Product [Shipment Analysis by Value from 2018 to 2030]:
Microwave Network Equipment Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Microwave Network Equipment Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Microwave Network Equipment Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies microwave network equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the microwave network equipment companies profiled in this report include-
Microwave Network Equipment Market Insights
Lucintel forecasts that 6-20 GHz is expected to witness highest growth over the forecast period.
North America will remain the largest region over the forecast period due to rising focus on enhancing network performance and continuous focus on commercializing 5G network solutions.
Features of the Global Microwave Network Equipment Market
Market Size Estimates: Microwave network equipment market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Microwave network equipment market size by product, application, and region in terms of value ($B).
Regional Analysis: Microwave network equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product, application, and regions for the microwave network equipment market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the microwave network equipment market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1 What is the microwave network equipment market size?
Answer: The global microwave network equipment market is expected to reach an estimated $6.3 billion by 2030.
Q.2 What is the growth forecast for microwave network equipment market?
Answer: The global microwave network equipment market is expected to grow with a CAGR of 3.8% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the microwave network equipment market?
Answer: The major drivers for this market are increase in backhaul bandwidth, rising focus by mobile operators to enhance the performance of the networks, and transition from leased to self-built backhaul.
Q4. What are the major segments for microwave network equipment market?
Answer: The future of the global microwave network equipment market looks promising with opportunities in the 4G and 5G mobile backhaul, 3G backhaul aggregation, leased line replacement, and enterprise network markets.
Q5. Who are the key microwave network equipment market companies?
Answer: Some of the key microwave network equipment companies are as follows:
Q6. Which microwave network equipment market segment will be the largest in future?
Answer: Lucintel forecasts that 6-20 GHz is expected to witness highest growth over the forecast period.
Q7. In microwave network equipment market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to rising focus on enhancing network performance and continuous focus on commercializing 5G network solutions.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.