Microwave Transmission Equipment Market Grew 12 Percent in 1Q 2021
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Update time : 2021-04-30 16:00:00
“Overall this was another good quarter for the Microwave Transmission market considering that the pandemic still presents challenges,” stated Jimmy Yu, Vice President at Dell’Oro Group. “Following this strong start to the year, we continue to believe the microwave market will return to positive growth this year. Our only concern, at this point, is whether the global component shortage will push out equipment manufacturing and delivery into next year,” added Yu.
Highlights from the 1Q 2021 Quarterly Report:
Mobile backhaul application of microwave equipment grew 17 percent year-over-year and drove 70 percent of the Microwave Transmission market revenue.
Demand for Packet Microwave continued to outpace Hybri Microwave. As a result, the share of shipments that are Packet Microwave increased from 43 percent last quarter to 47 percent this quarter.
The top four equipment manufacturers in the quarter by revenue share were Huawei, Ericsson, Nokia, and Ceragon. Ericsson gained six to seven percentage points of share over the year ago quarter.