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Technavio’s market research report has identified deployment challenges in fiber technology as one of the primary factors that will fuel the growth of the waveguide connectors market in the coming years. Owing to their reduced costs and the challenges involved in the deployment of fiber communications, microwave communication will gain significance in the coming years. Moreover, microwave radios also allow the rapid deployment of the network compared to fiber connectivity. This will drive the need for waveguide connectors in applications such as enabling power transfer from microwave radio to the directional antenna in microwave communications. Our market research analysts have estimated that this market will grow steadily at a CAGR of more than 20% by 2021.
The introduction of flexible waveguide connectors will be one of the key trends that will gain traction in the waveguide connectors market during the next few years. Flexible waveguide connectors can be twisted over a considerable range and this can resolve several installation challenges related to misalignment. These connectors offer numerous alignment possibilities without an increase in costs or the need to wait periods for customized parts.
The waveguide connectors market appears to be concentrated with the presence of few waveguide components manufacturers. The international vendors differentiate their product and services through customization, design, and specifications. The competition among the players depends on factors including product line, strength, and depth of the channels, technology innovation, product development, price, and quality and the players face major challenges from the waveguide components manufacturers in the developing countries in Asia.
The leading vendors in the market are-
The other prominent vendors in the market are Quasar Microwave Technology and DragonWave.
During 2016, the home appliances segment accounted for the major shares of the waveguide connectors market. The rising focus of individuals towards smart homes subsequently increases the demand for connectivity-enabled intelligent appliances such as smart ovens. This in turn, drives the growth of the waveguide connector market in this segment. Moreover, the improvement of the living standards of individuals in the developing countries such as China, India, and Brazil also drives the growth of the market in this segment.
This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the waveguide connectors market throughout the forecast period. The increasing demand for smart microwave oven in countries including Canada and the emergence of the 5G network in countries such as the US and Canada will trigger the market for pocket radios, will be the major factors driving the growth prospects of the waveguide connector market in this region.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET SIZING
PART 06: MARKET SEGMENTATION BY APPLICATION
PART 07: REGIONAL LANDSCAPE
PART 08: DECISION FRAMEWORK
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDS
PART 11: VENDOR LANDSCAPE
PART 12: VENDOR ANALYSIS
PART 13: APPENDIX
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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