Microwave transmission equipment market to reach $4.5 billion by 2018

REDWOOD CITY, USA: According to a newly published report by Dell'Oro Group, the point-to-point Microwave Transmission equipment market is forecast to reach $4.5 billion by 2018, following two recent years of market contraction in 2012 and 2013.

"After a couple years of steady decline, we think the microwave market is positioned for growth," said Jimmy Yu, VP of Microwave Transmission research at Dell'Oro Group.

"The microwave market contraction over the past two years was due to a number of factors that included recessions, regulatory changes, and adjustments in operator priorities. We believe these, and other negative issues, are behind us as we enter 2014 and operators work towards expanding their LTE mobile radio coverage. The microwave market will also be further assisted by the eventual roll out of outdoor small cells," Yu added.

Two segments of the Microwave Transmission equipment market that are expected to benefit the most during the forecast period through 2018 are:

* Packet microwave systems that hold all data transmissions in native Ethernet are forecast to grow at an average annual rate of 6 percent.

* Ultra-high capacity products that use V-band and E-band frequencies are forecast to grow at an average annual rate of 30 percent.