The demand for microwave radio will experience a noteworthy growth, owing to advanced telecommunication technologies. Telecommunication technologies, such as direct-broadcast transmitters and wireless connections, have propelled the usage of microwave spectrum by transmitting television and radio into consumers’ homes. The product finds its application in advanced military communication technologies. It is widely used in satellite communications, phones, radar signals, and maritime applications. Network operators in various regions are implementing microwave transmission for 3G, 4G, and 5G networks and new core networks.
Microwave transmission involves transmissions that use electromagnetic waves with wavelengths in the microwave range of an electromagnetic spectrum. Increasing use of satellite communication is expected to boost the market growth during the forecast period. The packet microwave radio segment is projected to assert its dominance in the market, owing to improved overall data transmissions. Leading application of microwave radio is communication as it is widely used in satellite communications, phones, radar signals, and maritime applications.
According to Business Research Insights, the global microwave radio market size was valued at USD 10.022 billion in 2019 and is expected to reach a valuation of USD 23.182 billion by 2025 with a CAGR of 15% during 2022-2025. The market has leading players such as Alcatel Lucent, DragonWave, Ericsson, Nera Technologies, Omega Integration, ZTE, NEC, Huawei Technologies, Kapsch, and Aviat Networks.
Supply Chains Disruptions and Cessation of Production Activities to Affect Demand During COVID-19
The outbreak of the COVID-19 pandemic imposed many restrictions on global markets. The pandemic impacted the production of microwave radio systems, components, and subsystems. The production of radios for military applications was paused temporarily due to a halt in production. The production was slow due to insufficient components as a result of disruptions in supply chains and labor deficit.
Business Research Insights Reports Top 5 Microwave Radio Companies
1. Alcatel Lucent (France)
ALE International SAS conducts its business under the name of Alcatel Lucent, which is a French software company headquartered in Colombes. With its operations in more than 130 countries, it provides communication equipment and services for telecommunication companies, data providers, and ISPs. The company develops software infrastructure for data centers, access networking, wireless networks, clouds, and contact centers. It operates under three main divisions, access, core networking, and others.
2. DragonWave (Canada)
DragonWave-X is a multinational corporation with its head office in Ottawa, Canada. The company is a global provider of packet microwave radio systems for access IP networks and mobile. It designs and builds Ethernet microwave products to support existing and emerging backhaul requirements by using three technologies, hybrid microwave, small cell solutions, and packet microwave. In 2017, Transform-X acquired DragonWave, which rebranded the company as DragonWave-X.
3. Ericsson (Sweden)
Telefonaktiebolaget LM Ericsson, commonly known as Ericsson, is a Swedish multinational telecommunications and networking company. It is known for providing infrastructure, services, and software in information and communications technology for telecommunications service providers. It also provides 3G, 4G, and 5G equipment and internet protocol along with optical transport systems. The company operates in more than 180 countries with around 100,000 employees globally. It is one of the leaders in the telecommunications industry and is one of the major market players in 5G.
4. Huawei Technologies Co., Ltd. (China)
Huawei Technologies Co., Ltd. is a China-based multinational technology corporation, which is headquartered in Shenzhen, Guangdong, China. The company is known to design, develop, and sell telecommunications equipment, various smart devices, and consumer electronics. It is one of the largest R&D investors globally. It has expanded its operations, including building telecommunication networks while also providing operational and consulting services within and outside China. It provides its services and products in more than 170 countries globally.
5. Aviat Networks
Aviat Networks is one of the global providers of microwave networking solutions. It provides public and private operators with communication networks to accommodate growing IP-centric services. The company is headquartered in Austin, Texas and has 44 offices globally. It provides dual hybrid/packet, all packet microwave, microwave, and trunking microwave. It offers network management for its clients.
Preference for Advanced Communication Technologies to Create Robust Demand
The demand in the market is expected to surge, owing to technological advancements in 4G, LTE advanced, and other new technologies. Spectrum efficiency to improve the demand for high-capacity cellular connectivity is estimated to expand the usage and adoption of microwave technology. Increasing adoption of advanced communication technologies and growing inclination toward satellite communications are estimated to pose an opportunity for growth.