Global Microwave Radio Market Insights and Forecast to 2028

Report ID: 1198615 | Published Date: Jan 2025 | No. of Page: 95 | Base Year: 2024 | Rating: 4.9 | Webstory: Check our Web story
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1 Report Business Overview
    1.1 Study Scope
    1.2 Market Analysis by Type
        1.2.1 Global Microwave Radio Market Size Growth Rate by Type, 2017 VS 2021 VS 2028
        1.2.2 Hybrid Microwave Radio
        1.2.3 Packet Microwave Radio
        1.2.4 TDM Microwave Radio
    1.3 Market by Application
        1.3.1 Global Microwave Radio Market Size Growth Rate by Application, 2017 VS 2021 VS 2028
        1.3.2 Communication
        1.3.3 Power Utilities
        1.3.4 Others
    1.4 Study Objectives
    1.5 Years Considered
2 Global Growth Trends
    2.1 Global Microwave Radio Market Perspective (2017-2028)
    2.2 Microwave Radio Growth Trends by Region
        2.2.1 Microwave Radio Market Size by Region: 2017 VS 2021 VS 2028
        2.2.2 Microwave Radio Historic Market Size by Region (2017-2022)
        2.2.3 Microwave Radio Forecasted Market Size by Region (2023-2028)
    2.3 Microwave Radio Market Dynamics
        2.3.1 Microwave Radio Industry Trends
        2.3.2 Microwave Radio Market Drivers
        2.3.3 Microwave Radio Market Challenges
        2.3.4 Microwave Radio Market Restraints
3 Competition Landscape by Key Players
    3.1 Global Top Microwave Radio Players by Revenue
        3.1.1 Global Top Microwave Radio Players by Revenue (2017-2022)
        3.1.2 Global Microwave Radio Revenue Market Share by Players (2017-2022)
    3.2 Global Microwave Radio Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
    3.3 Players Covered: Ranking by Microwave Radio Revenue
    3.4 Global Microwave Radio Market Concentration Ratio
        3.4.1 Global Microwave Radio Market Concentration Ratio (CR5 and HHI)
        3.4.2 Global Top 10 and Top 5 Companies by Microwave Radio Revenue in 2021
    3.5 Microwave Radio Key Players Head office and Area Served
    3.6 Key Players Microwave Radio Product Solution and Service
    3.7 Date of Enter into Microwave Radio Market
    3.8 Mergers & Acquisitions, Expansion Plans
4 Microwave Radio Breakdown Data by Type
    4.1 Global Microwave Radio Historic Market Size by Type (2017-2022)
    4.2 Global Microwave Radio Forecasted Market Size by Type (2023-2028)
5 Microwave Radio Breakdown Data by Application
    5.1 Global Microwave Radio Historic Market Size by Application (2017-2022)
    5.2 Global Microwave Radio Forecasted Market Size by Application (2023-2028)
6 North America
    6.1 North America Microwave Radio Market Size (2017-2028)
    6.2 North America Microwave Radio Market Size by Type
        6.2.1 North America Microwave Radio Market Size by Type (2017-2022)
        6.2.2 North America Microwave Radio Market Size by Type (2023-2028)
        6.2.3 North America Microwave Radio Market Share by Type (2017-2028)
    6.3 North America Microwave Radio Market Size by Application
        6.3.1 North America Microwave Radio Market Size by Application (2017-2022)
        6.3.2 North America Microwave Radio Market Size by Application (2023-2028)
        6.3.3 North America Microwave Radio Market Share by Application (2017-2028)
    6.4 North America Microwave Radio Market Size by Country
        6.4.1 North America Microwave Radio Market Size by Country (2017-2022)
        6.4.2 North America Microwave Radio Market Size by Country (2023-2028)
        6.4.3 U.S.
        6.4.4 Canada
7 Europe
    7.1 Europe Microwave Radio Market Size (2017-2028)
    7.2 Europe Microwave Radio Market Size by Type
        7.2.1 Europe Microwave Radio Market Size by Type (2017-2022)
        7.2.2 Europe Microwave Radio Market Size by Type (2023-2028)
        7.2.3 Europe Microwave Radio Market Share by Type (2017-2028)
    7.3 Europe Microwave Radio Market Size by Application
        7.3.1 Europe Microwave Radio Market Size by Application (2017-2022)
        7.3.2 Europe Microwave Radio Market Size by Application (2023-2028)
        7.3.3 Europe Microwave Radio Market Share by Application (2017-2028)
    7.4 Europe Microwave Radio Market Size by Country
        7.4.1 Europe Microwave Radio Market Size by Country (2017-2022)
        7.4.2 Europe Microwave Radio Market Size by Country (2023-2028)
        7.4.3 Germany
        7.4.4 France
        7.4.5 U.K.
        7.4.6 Italy
        7.4.7 Russia
        7.4.8 Nordic Countries
8 Asia-Pacific
    8.1 Asia-Pacific Microwave Radio Market Size (2017-2028)
    8.2 Asia-Pacific Microwave Radio Market Size by Type
        8.2.1 Asia-Pacific Microwave Radio Market Size by Type (2017-2022)
        8.2.2 Asia-Pacific Microwave Radio Market Size by Type (2023-2028)
        8.2.3 Asia-Pacific Microwave Radio Market Share by Type (2017-2028)
    8.3 Asia-Pacific Microwave Radio Market Size by Application
        8.3.1 Asia-Pacific Microwave Radio Market Size by Application (2017-2022)
        8.3.2 Asia-Pacific Microwave Radio Market Size by Application (2023-2028)
        8.3.3 Asia-Pacific Microwave Radio Market Share by Application (2017-2028)
    8.4 Asia-Pacific Microwave Radio Market Size by Region
        8.4.1 Asia-Pacific Microwave Radio Market Size by Region (2017-2022)
        8.4.2 Asia-Pacific Microwave Radio Market Size by Region (2023-2028)
        8.4.3 China
        8.4.4 Japan
        8.4.5 South Korea
        8.4.6 Southeast Asia
        8.4.7 India
        8.4.8 Australia 
9 Latin America
    9.1 Latin America Microwave Radio Market Size (2017-2028)
    9.2 Latin America Microwave Radio Market Size by Type
        9.2.1 Latin America Microwave Radio Market Size by Type (2017-2022)
        9.2.2 Latin America Microwave Radio Market Size by Type (2023-2028)
        9.2.3 Latin America Microwave Radio Market Share by Type (2017-2028)
    9.3 Latin America Microwave Radio Market Size by Application
        9.3.1 Latin America Microwave Radio Market Size by Application (2017-2022)
        9.3.2 Latin America Microwave Radio Market Size by Application (2023-2028)
        9.3.3 Latin America Microwave Radio Market Share by Application (2017-2028)
    9.4 Latin America Microwave Radio Market Size by Country
        9.4.1 Latin America Microwave Radio Market Size by Country (2017-2022)
        9.4.2 Latin America Microwave Radio Market Size by Country (2023-2028)
        9.4.3 Mexico
        9.4.4 Brazil
10 Middle East & Africa
    10.1 Middle East & Africa Microwave Radio Market Size (2017-2028)
    10.2 Middle East & Africa Microwave Radio Market Size by Type
        10.2.1 Middle East & Africa Microwave Radio Market Size by Type (2017-2022)
        10.2.2 Middle East & Africa Microwave Radio Market Size by Type (2023-2028)
        10.2.3 Middle East & Africa Microwave Radio Market Share by Type (2017-2028)
    10.3 Middle East & Africa Microwave Radio Market Size by Application
        10.3.1 Middle East & Africa Microwave Radio Market Size by Application (2017-2022)
        10.3.2 Middle East & Africa Microwave Radio Market Size by Application (2023-2028)
        10.3.3 Middle East & Africa Microwave Radio Market Share by Application (2017-2028)
    10.4 Middle East & Africa Microwave Radio Market Size by Country
        10.4.1 Middle East & Africa Microwave Radio Market Size by Country (2017-2022)
        10.4.2 Middle East & Africa Microwave Radio Market Size by Country (2023-2028)
        10.4.3 Turkey
        10.4.4 Saudi Arabia
        10.4.5 UAE
11 Key Players Profiles
    11.1 Ericsson
        11.1.1 Ericsson Company Details
        11.1.2 Ericsson Business Overview
        11.1.3 Ericsson Microwave Radio Introduction
        11.1.4 Ericsson Revenue in Microwave Radio Business (2017-2022)
        11.1.5 Ericsson Recent Developments
    11.2 Huawei Technologies
        11.2.1 Huawei Technologies Company Details
        11.2.2 Huawei Technologies Business Overview
        11.2.3 Huawei Technologies Microwave Radio Introduction
        11.2.4 Huawei Technologies Revenue in Microwave Radio Business (2017-2022)
        11.2.5 Huawei Technologies Recent Developments
    11.3 NEC
        11.3.1 NEC Company Details
        11.3.2 NEC Business Overview
        11.3.3 NEC Microwave Radio Introduction
        11.3.4 NEC Revenue in Microwave Radio Business (2017-2022)
        11.3.5 NEC Recent Developments
    11.4 Alcatal-Lucent
        11.4.1 Alcatal-Lucent Company Details
        11.4.2 Alcatal-Lucent Business Overview
        11.4.3 Alcatal-Lucent Microwave Radio Introduction
        11.4.4 Alcatal-Lucent Revenue in Microwave Radio Business (2017-2022)
        11.4.5 Alcatal-Lucent Recent Developments
    11.5 ZTE
        11.5.1 ZTE Company Details
        11.5.2 ZTE Business Overview
        11.5.3 ZTE Microwave Radio Introduction
        11.5.4 ZTE Revenue in Microwave Radio Business (2017-2022)
        11.5.5 ZTE Recent Developments
    11.6 Aviat Networks
        11.6.1 Aviat Networks Company Details
        11.6.2 Aviat Networks Business Overview
        11.6.3 Aviat Networks Microwave Radio Introduction
        11.6.4 Aviat Networks Revenue in Microwave Radio Business (2017-2022)
        11.6.5 Aviat Networks Recent Developments
    11.7 DragonWave
        11.7.1 DragonWave Company Details
        11.7.2 DragonWave Business Overview
        11.7.3 DragonWave Microwave Radio Introduction
        11.7.4 DragonWave Revenue in Microwave Radio Business (2017-2022)
        11.7.5 DragonWave Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
    13.1 Research Methodology
        13.1.1 Methodology/Research Approach
        13.1.2 Data Source
    13.2 Author Details
    13.3 Disclaimer

List of Tables
    Table 1. Global Microwave Radio Market Size Growth Rate by Type (US$ Million), 2017 VS 2021 VS 2028
    Table 2. Key Players of Hybrid Microwave Radio
    Table 3. Key Players of Packet Microwave Radio
    Table 4. Key Players of TDM Microwave Radio
    Table 5. Global Microwave Radio Market Size Growth Rate by Application (US$ Million), 2017 VS 2021 VS 2028
    Table 6. Global Microwave Radio Market Size by Region (US$ Million): 2017 VS 2021 VS 2028
    Table 7. Global Microwave Radio Market Size by Region (2017-2022) & (US$ Million)
    Table 8. Global Microwave Radio Market Share by Region (2017-2022)
    Table 9. Global Microwave Radio Forecasted Market Size by Region (2023-2028) & (US$ Million)
    Table 10. Global Microwave Radio Market Share by Region (2023-2028)
    Table 11. Microwave Radio Market Trends
    Table 12. Microwave Radio Market Drivers
    Table 13. Microwave Radio Market Challenges
    Table 14. Microwave Radio Market Restraints
    Table 15. Global Microwave Radio Revenue by Players (2017-2022) & (US$ Million)
    Table 16. Global Microwave Radio Revenue Share by Players (2017-2022)
    Table 17. Global Top Microwave Radio by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Microwave Radio as of 2021)
    Table 18. Ranking of Global Top Microwave Radio Companies by Revenue (US$ Million) in 2021
    Table 19. Global 5 Largest Players Market Share by Microwave Radio Revenue (CR5 and HHI) & (2017-2022)
    Table 20. Key Players Headquarters and Area Served
    Table 21. Key Players Microwave Radio Product Solution and Service
    Table 22. Date of Enter into Microwave Radio Market
    Table 23. Mergers & Acquisitions, Expansion Plans
    Table 24. Global Microwave Radio Market Size by Type (2017-2022) & (US$ Million)
    Table 25. Global Microwave Radio Revenue Market Share by Type (2017-2022)
    Table 26. Global Microwave Radio Forecasted Market Size by Type (2023-2028) & (US$ Million)
    Table 27. Global Microwave Radio Revenue Market Share by Type (2023-2028)
    Table 28. Global Microwave Radio Market Size by Application (2017-2022) & (US$ Million)
    Table 29. Global Microwave Radio Revenue Share by Application (2017-2022)
    Table 30. Global Microwave Radio Forecasted Market Size by Application (2023-2028) & (US$ Million)
    Table 31. Global Microwave Radio Revenue Share by Application (2023-2028)
    Table 32. North America Microwave Radio Market Size by Type (2017-2022) & (US$ Million)
    Table 33. North America Microwave Radio Market Size by Type (2023-2028) & (US$ Million)
    Table 34. North America Microwave Radio Market Size by Application (2017-2022) & (US$ Million)
    Table 35. North America Microwave Radio Market Size by Application (2023-2028) & (US$ Million)
    Table 36. North America Microwave Radio Market Size by Country (2017-2022) & (US$ Million)
    Table 37. North America Microwave Radio Market Size by Country (2023-2028) & (US$ Million)
    Table 38. Europe Microwave Radio Market Size by Type (2017-2022) & (US$ Million)
    Table 39. Europe Microwave Radio Market Size by Type (2023-2028) & (US$ Million)
    Table 40. Europe Microwave Radio Market Size by Application (2017-2022) & (US$ Million)
    Table 41. Europe Microwave Radio Market Size by Application (2023-2028) & (US$ Million)
    Table 42. Europe Microwave Radio Market Size by Country (2017-2022) & (US$ Million)
    Table 43. Europe Microwave Radio Market Size by Country (2023-2028) & (US$ Million)
    Table 44. Asia Pacific Microwave Radio Market Size by Type (2017-2022) & (US$ Million)
    Table 45. Asia Pacific Microwave Radio Market Size by Type (2023-2028) & (US$ Million)
    Table 46. Asia Pacific Microwave Radio Market Size by Application (2017-2022) & (US$ Million)
    Table 47. Asia Pacific Microwave Radio Market Size by Application (2023-2028) & (US$ Million)
    Table 48. Asia Pacific Microwave Radio Market Size by Region (2017-2022) & (US$ Million)
    Table 49. Asia Pacific Microwave Radio Market Size by Region (2023-2028) & (US$ Million)
    Table 50. Latin America Microwave Radio Market Size by Type (2017-2022) & (US$ Million)
    Table 51. Latin America Microwave Radio Market Size by Type (2023-2028) & (US$ Million)
    Table 52. Latin America Microwave Radio Market Size by Application (2017-2022) & (US$ Million)
    Table 53. Latin America Microwave Radio Market Size by Application (2023-2028) & (US$ Million)
    Table 54. Latin America Microwave Radio Market Size by Country (2017-2022) & (US$ Million)
    Table 55. Latin America Microwave Radio Market Size by Country (2023-2028) & (US$ Million)
    Table 56. Middle East and Africa Microwave Radio Market Size by Type (2017-2022) & (US$ Million)
    Table 57. Middle East and Africa Microwave Radio Market Size by Type (2023-2028) & (US$ Million)
    Table 58. Middle East and Africa Microwave Radio Market Size by Application (2017-2022) & (US$ Million)
    Table 59. Middle East and Africa Microwave Radio Market Size by Application (2023-2028) & (US$ Million)
    Table 60. Middle East and Africa Microwave Radio Market Size by Country (2017-2022) & (US$ Million)
    Table 61. Middle East and Africa Microwave Radio Market Size by Country (2023-2028) & (US$ Million)
    Table 62. Ericsson Company Details
    Table 63. Ericsson Business Overview
    Table 64. Ericsson Microwave Radio Product
    Table 65. Ericsson Revenue in Microwave Radio Business (2017-2022) & (US$ Million)
    Table 66. Ericsson Recent Developments
    Table 67. Huawei Technologies Company Details
    Table 68. Huawei Technologies Business Overview
    Table 69. Huawei Technologies Microwave Radio Product
    Table 70. Huawei Technologies Revenue in Microwave Radio Business (2017-2022) & (US$ Million)
    Table 71. Huawei Technologies Recent Developments
    Table 72. NEC Company Details
    Table 73. NEC Business Overview
    Table 74. NEC Microwave Radio Product
    Table 75. NEC Revenue in Microwave Radio Business (2017-2022) & (US$ Million)
    Table 76. NEC Recent Developments
    Table 77. Alcatal-Lucent Company Details
    Table 78. Alcatal-Lucent Business Overview
    Table 79. Alcatal-Lucent Microwave Radio Product
    Table 80. Alcatal-Lucent Revenue in Microwave Radio Business (2017-2022) & (US$ Million)
    Table 81. Alcatal-Lucent Recent Developments
    Table 82. ZTE Company Details
    Table 83. ZTE Business Overview
    Table 84. ZTE Microwave Radio Product
    Table 85. ZTE Revenue in Microwave Radio Business (2017-2022) & (US$ Million)
    Table 86. ZTE Recent Developments
    Table 87. Aviat Networks Company Details
    Table 88. Aviat Networks Business Overview
    Table 89. Aviat Networks Microwave Radio Product
    Table 90. Aviat Networks Revenue in Microwave Radio Business (2017-2022) & (US$ Million)
    Table 91. Aviat Networks Recent Developments
    Table 92. DragonWave Company Details
    Table 93. DragonWave Business Overview
    Table 94. DragonWave Microwave Radio Product
    Table 95. DragonWave Revenue in Microwave Radio Business (2017-2022) & (US$ Million)
    Table 96. DragonWave Recent Developments
    Table 97. Research Programs/Design for This Report
    Table 98. Key Data Information from Secondary Sources
    Table 99. Key Data Information from Primary Sources
List of Figures
    Figure 1. Global Microwave Radio Market Share by Type: 2021 VS 2028
    Figure 2. Hybrid Microwave Radio Features
    Figure 3. Packet Microwave Radio Features
    Figure 4. TDM Microwave Radio Features
    Figure 5. Global Microwave Radio Market Share by Application: 2021 VS 2028
    Figure 6. Communication Case Studies
    Figure 7. Power Utilities Case Studies
    Figure 8. Others Case Studies
    Figure 9. Microwave Radio Report Years Considered
    Figure 10. Global Microwave Radio Market Size (US$ Million), Year-over-Year: 2017-2028
    Figure 11. Global Microwave Radio Market Size, (US$ Million), 2017 VS 2021 VS 2028
    Figure 12. Global Microwave Radio Market Share by Region: 2021 VS 2028
    Figure 13. Global Microwave Radio Market Share by Players in 2021
    Figure 14. Global Top Microwave Radio Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Microwave Radio as of 2021)
    Figure 15. The Top 10 and 5 Players Market Share by Microwave Radio Revenue in 2021
    Figure 16. North America Microwave Radio Market Size YoY (2017-2028) & (US$ Million)
    Figure 17. North America Microwave Radio Market Size Market Share by Type (2017-2028)
    Figure 18. North America Microwave Radio Market Size Market Share by Application (2017-2028)
    Figure 19. North America Microwave Radio Market Size Share by Country (2017-2028)
    Figure 20. United States Microwave Radio Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 21. Canada Microwave Radio Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 22. Europe Microwave Radio Market Size YoY (2017-2028) & (US$ Million)
    Figure 23. Europe Microwave Radio Market Size Market Share by Type (2017-2028)
    Figure 24. Europe Microwave Radio Market Size Market Share by Application (2017-2028)
    Figure 25. Europe Microwave Radio Market Size Share by Country (2017-2028)
    Figure 26. Germany Microwave Radio Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 27. France Microwave Radio Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 28. U.K. Microwave Radio Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 29. Italy Microwave Radio Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 30. Russia Microwave Radio Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 31. Nordic Countries Microwave Radio Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 32. Asia-Pacific Microwave Radio Market Size YoY (2017-2028) & (US$ Million)
    Figure 33. Asia Pacific Microwave Radio Market Size Market Share by Type (2017-2028)
    Figure 34. Asia Pacific Microwave Radio Market Size Market Share by Application (2017-2028)
    Figure 35. Asia Pacific Microwave Radio Market Size Share by Region (2017-2028)
    Figure 36. China Microwave Radio Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 37. Japan Microwave Radio Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 38. South Korea Microwave Radio Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 39. Southeast Asia Microwave Radio Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 40. India Microwave Radio Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 41. Australia Microwave Radio Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 42. Latin America Microwave Radio Market Size YoY (2017-2028) & (US$ Million)
    Figure 43. Latin America Microwave Radio Market Size Market Share by Type (2017-2028)
    Figure 44. Latin America Microwave Radio Market Size Market Share by Application (2017-2028)
    Figure 45. Latin America Microwave Radio Market Size Share by Country (2017-2028)
    Figure 46. Mexico Microwave Radio Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 47. Brazil Microwave Radio Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 48. Middle East & Africa Microwave Radio Market Size YoY (2017-2028) & (US$ Million)
    Figure 49. Middle East and Africa Microwave Radio Market Size Market Share by Type (2017-2028)
    Figure 50. Middle East and Africa Microwave Radio Market Size Market Share by Application (2017-2028)
    Figure 51. Middle East and Africa Microwave Radio Market Size Share by Country (2017-2028)
    Figure 52. Turkey Microwave Radio Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 53. Saudi Arabia Microwave Radio Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 54. UAE Microwave Radio Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 55. Ericsson Revenue Growth Rate in Microwave Radio Business (2017-2022)
    Figure 56. Huawei Technologies Revenue Growth Rate in Microwave Radio Business (2017-2022)
    Figure 57. NEC Revenue Growth Rate in Microwave Radio Business (2017-2022)
    Figure 58. Alcatal-Lucent Revenue Growth Rate in Microwave Radio Business (2017-2022)
    Figure 59. ZTE Revenue Growth Rate in Microwave Radio Business (2017-2022)
    Figure 60. Aviat Networks Revenue Growth Rate in Microwave Radio Business (2017-2022)
    Figure 61. DragonWave Revenue Growth Rate in Microwave Radio Business (2017-2022)
    Figure 62. Bottom-up and Top-down Approaches for This Report
    Figure 63. Data Triangulation
    Figure 64. Key Executives Interviewed
Please ask for List of Figures. Request Sample Report
Companies Included in Reports:
Ericsson
Huawei Technologies
NEC
Alcatal-Lucent
ZTE
Aviat Networks
DragonWave
Frequently Asked Questions
Microwave Radio report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Microwave Radio report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Microwave Radio report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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