North America Microwave Transmission Equipment Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Network Technology, Component, Frequency Band, Mounting Type, and Application
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.
New York, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "North America Microwave Transmission Equipment Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Network Technology, Component, Frequency Band, Mounting Type, and Application" - https://www.reportlinker.com/p06103270/?utm_source=GNW
Increased spectrum efficiency and growing level of automation is bolstering the growth of the industry. Spectrum efficiency is achieved through techniques such as superior system gain of a well-designed solution; higher-order modulation and adaptive modulation; and multiple input, multiple output (MIMO). In the past few years, the spectrum for microwave applications was more relaxed; over the years, new frequency bands were made available, along with brining continuous technological developments to meet capacity requirements. However, many countries are facing running out of spectrum resources left for microwave applications, which is necessitating the development of new technologies to meet future demands. MIMO at microwave frequencies is a new technology that offers a practical way to boost spectrum efficiency. Further, the increasing automation and simplification of troubleshooting, fault management, and performance management also assists in maintaining or lowering the network operation and field service costs. The Wavence portfolio offers a complete microwave solution for all use cases, including short-haul, long-haul, e-band, and SDN-based management for both service providers and enterprises which is further driving the demand.
The packet microwave led the microwave transmission equipment market based on network technology in 2020.The 3GPP Long Term Evolution (LTE) network architecture has made the adoption of Internet Protocol (IP)/Ethernet packet technologies compulsory to thoroughly link the radio-access-network (RAN) infrastructure elements.
The penetration of packet technologies in microwave communication systems have changed the functioning of microwave system and complied to specified service-level agreement (SLA) such as performance and availability.Companies such as DragonWave offers packet microwave solutions that includes Harmony EnhancedMC and Harmony Enhanced.
The Harmony EnhancedMC is a high-capacity packet microwave, which is built on Harmony Enhanced family and offers multi-carrier channel system while enlarging capacity in single outdoor unit, which ultimately drives the growth of the microwave transmission equipment market.
The overall North America microwave transmission equipment market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.
The process also serves the purpose of obtaining overview and forecast for the North America microwave transmission equipment market with respects to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.
The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America microwave transmission equipment market. 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 are among a few players operating in the North America microwave transmission equipment market.
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