Global Microwave Radio Market Growth (Status and Outlook) 2025-2031

Global Microwave Radio Market Growth (Status and Outlook) 2025-2031

The global Microwave Radio market size is predicted to grow from US$ 21530 million in 2025 to US$ 65370 million in 2031; it is expected to grow at a CAGR of 20.3% from 2025 to 2031.

Microwave Radio market, Microwave radios work on the underlying principle of microwave transmission. They transmit or exchange information between two devices using electromagnetic waves, having a wavelength ranging from 30 cm to 0.1 cm with radio spectrum of 1 GHz to 300 GHz. Microwaves follow point-to-point communication and can be easily directed by small-sized antennas, which point these narrow beams toward receiving antenna. The range of electromagnetic waves, which work on a frequency of above 30 GHz to below 100 GHz and have a wavelength of 10 mm to 3 mm, is called millimeter band. Radio waves in this band face strong attenuation from Earth’s atmosphere. The waves with a wide band of frequencies, around 60 GHz, get attenuated by oxygen.

Global Microwave Radio key players include Ericsson, Huawei Technologies, NEC, Alcatal-Lucent. ZTE, etc. Global top five players hold a share about 70%.

North America is the largest market, with a share about 20%, followed by Europe and China, having a total share about 35 percent.

In terms of product, Packet Microwave Radio is the largest segment, with a share about 45%. And in terms of application, the largest application is Communication, followed by Power Utilities, etc.

LPI (LP Information)' newest research report, the “Microwave Radio Industry Forecast” looks at past sales and reviews total world Microwave Radio sales in 2024, providing a comprehensive analysis by region and market sector of projected Microwave Radio sales for 2025 through 2031. With Microwave Radio sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Microwave Radio industry.

This Insight Report provides a comprehensive analysis of the global Microwave Radio landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Microwave Radio portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Microwave Radio market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Microwave Radio and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Microwave Radio.

This report presents a comprehensive overview, market shares, and growth opportunities of Microwave Radio market by product type, application, key players and key regions and countries.

Segmentation by Type:
Hybrid Microwave Radio
Packet Microwave Radio
TDM Microwave Radio

Segmentation by Application:
Communication
Power Utilities
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ericsson
Huawei Technologies
NEC
Alcatal-Lucent
ZTE
Aviat Networks
DragonWave

Please note: The report will take approximately 2 business days to prepare and deliver.