According to a report from Dell’Oro Group, a source for market information about the telecommunications and networks industries, demand for Microwave Transmission equipment grew 11 per cent year-over-year in the first half of 2021 driven by LTE and 5G. In that period, microwave revenue from mobile backhaul application grew 16 per cent.
“The Microwave Transmission market is recovering from the decline caused by the spread of Covid-19 as evidenced by the strong growth in the first half of 2021,” stated Jimmy Yu, Vice President at Dell’Oro Group. “Almost all of the vendors in this industry are benefiting from the improving mobile backhaul market, especially the top vendors. Since demand is rising, each vendor’s performance this year will come down to how well they navigate the supply issues created by the pandemic and semiconductor shortages,” added Yu.
Highlights from the Q2 2021 Quarterly Report include: