Report Description
The global 5G antenna market size was valued at USD 611.40 Million in 2022 and is anticipated to reach USD 32.80 Billion by 2031, expanding at a CAGR of 55.7% during the forecast period, 2023–2031. The market growth is attributed to the growing demand for high-paced connectivity networks and an upsurge in mobile networking coupled with an increase in the need for fast-paced data processing.
An antenna is a device that receives or transmits electromagnetic waves. Antennas are key components of routers, 5G smartphones, and networking devices that depend on radio signals for communication using wireless technologies.
5G antennas are referred to as adaptive array antennas, digital antenna arrays, or multi-antennas. 5G antenna makes use of digital signal processing algorithms with implementations in the identification of spatial signal signatures. They are further utilized in tracking and locating antenna beams by calculating beam vectors on 5G devices.
Directional antennas have a direct line of sight between the transmission mast and the antenna. Constant reading is provided by a directional antenna in outdoor areas upon installation. Signal bundling provides longer ranges for directional antennas which makes them highly effective in underdeveloped or rural areas. In urban areas, 5G omnidirectional antennae are recommended for capturing maximum signal bandwidths from clear views of fields.
The COVID-19 pandemic restricted the 5G antenna market, due to the abrupt shutting down of offices and other commercial establishments across the globe due to government-imposed lockdowns. The pandemic disrupted manufacturing units and supply chains that impacted distribution in the 5G Antennas market. Consumer demand for availing 5G services dropped substantially affecting the 5G antenna market.
5G Antenna Market Dynamics
Major Drivers
Increasing use of 5G phones available in the mid-tier price range is likely to propel the 5G antenna market in the coming years. Growing focus on smartphone standalone (SA) enablement that includes 3CC New Radio (NR) carrier aggregation for instant access to 5G for users has led to a spur in the sale of 5G devices.
Existing Restraints
High costs of installing and upgrading existing 5G infrastructure for adherence to necessary throughput density, and base station costs are likely to hinder the market growth.
Emerging Opportunities
The rise of data and connectivity through the advent of Industry 4.0 called the Fourth Industrial Revolution is that encompasses digitization of the manufacturing sector through human-machine interaction, and analytics is a lucrative market growth opportunity for the 5G antenna market.
Scope of 5G Antenna Market Report
The report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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5G Antenna Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016 – 2021
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Forecast Period
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2023 – 2031
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Segmentation
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Type (Switched Multi-beam and Adaptive Array), Port (Single Input Single Output, Multiple Input Multiple Output, Single Input Multiple Output, and Multiple Input Single Output), and Application (Infrastructure, Automotive, RADAR, Satellite Communications, Cellular Communications, and Other)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Telefonaktiebolaget LM Ericsson; Nokia; Huawei Technologies Co., Ltd.; Orange S.A.; Huizhou SPEED Wireless Technology Co., Ltd.; Cobham Limited; Qualcomm Technologies, Inc.; TE Connectivity; Telstra; T-Mobile; AT&T Intellectual Property; Telecom Italia; and Shenzhen Sunway Communication Co., Ltd.
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5G Antenna Market Segment Insights
Type Segment Analysis
In terms of type, the market is divided into switched multi-beam and adaptive array. The switched multi-beam segment is expected to dominate the market during the forecast period owing to their implementation for dynamically changing the directionality of a beam.
Two or more beams are used in switched multi-beams that are electronically controlled with narrow antenna patterns. The user can switch them on and off as per their needs. Due to these properties switched multi-beams are in great demand.
The adaptive array segment is anticipated to gain significant shares of the market in the coming years, due to the growing use in cellular handsets and wireless base stations. Multiple, small low-power antennas are utilized in creating high-gain directional beams from one or more broad radiation patterns which are likely to boost the segment.
Port Segment Analysis
On the basis of port, the 5G antenna market is segmented into single input single output, multiple input multiple output, single input multiple output, and multiple input single output. The multiple input multiple output (MIMO) segment is expected to expand at a significant growth rate during the projection period due to a reduction in interference, radiation losses, and multi-path fading during wireless communication through MIMO.
The single input single output (SIMO) segment is anticipated to hold a key market share during the forecast period, owing to the ease of 5G system integration and designing SISO antenna in wireless communication networks.
Application Segment Analysis
Based on application, the 5G antenna market is divided into infrastructure, automotive, RADAR, satellite Communications, cellular Communications and other. The automotive segment is projected to expand at a considerable CAGR during the forecast period, due to the use of smart antennas for improving voice and data services on the go in automobiles.
Real-time traffic updates, road safety alerts, vehicle tracking solutions, and high-speed navigation information is likely to boost the segment during the forecast period.
The infrastructure segment is anticipated to hold a key share of the 5G antenna market, due to the efficient management of radio signals for enabling wireless communication. The ability of 5G antennas in facilitating communication in challenging locations such as urban dense areas is expected to boost the segment in the coming years.
Regional Analysis
In terms of region, the global 5G antenna market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the projection period, owing to the growing investments for widening the reach of wireless technology. Increasing applications of smart antenna and multi-input multi-output (MIMO) antenna is anticipated to fuel the market in the region.
The market in Asia Pacific is projected to grow at a rapid pace, owing to the growing demand for wireless connectivity from countries such as Japan, India, and China to cater to a large population of mobile phone data and broadband services. Growth in the number of internet users with rising demands for faster data speeds is expected to propel the market in the region.
Segments
The global 5G antenna market has been segmented on the basis of
Type
- Adaptive Array
- Switched Multi-beam
Port
- Single Input Single Output
- Multiple Input Multiple Output
- Single Input Multiple Output
- Multiple Input Single Output
Application
- Infrastructure
- Automotive
- RADAR
- Satellite Communications
- Cellular Communications,
- Other
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Telefonaktiebolaget LM Ericsson
- Nokia
- Huawei Technologies Co., Ltd.
- Orange S.A.
- Huizhou SPEED Wireless Technology Co., Ltd.
- Cobham Limited
- Qualcomm Technologies, Inc.
- TE Connectivity
- Telstra
- T-Mobile
- AT&T Intellectual Property
- Telecom Italia
- Shenzhen Sunway Communication Co., Ltd.
Competitive Landscape
Players in the global 5G antenna market are Telefonaktiebolaget LM Ericsson; Nokia; Huawei Technologies Co., Ltd.; Orange S.A.; Huizhou SPEED Wireless Technology Co., Ltd.; Cobham Limited; Qualcomm Technologies, Inc.; TE Connectivity; Telstra; T-Mobile; AT&T Intellectual Property; Telecom Italia; and Shenzhen Sunway Communication Co., Ltd. These companies use strategies such as collaboration, acquisitions, partnerships, product launches, and mergers to increase their presence.
- On October 24, 2022, Huawei launched antenna solutions for the evolutions in 5G antenna technologies, which included the X2 antenna series and Maxwell platform. The new launches were aimed at improving antenna configuration and integration capabilities to assist carriers in deploying and widening the reach of 5G efficiently.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. 5G Antenna Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. 5G Antenna Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. 5G Antenna Market - Supply Chain
4.5. Global 5G Antenna Market Forecast
4.5.1. 5G Antenna Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. 5G Antenna Market Size (000’ Units) and Y-o-Y Growth
4.5.3. 5G Antenna Market Absolute $ Opportunity
5. Global 5G Antenna Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. 5G Antenna Market Size and Volume Forecast by Types
5.3.1. Adaptive Array
5.3.2.
Switched Multi-beam
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global 5G Antenna Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. 5G Antenna Market Size and Volume Forecast by Applications
6.3.1. Infrastructure
6.3.2.
Automotive
6.3.3.
RADAR
6.3.4.
Satellite Communications
6.3.5.
Cellular Communications,
6.3.6.
Other
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global 5G Antenna Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. 5G Antenna Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global 5G Antenna Demand Share Forecast, 2019-2026
8. North America 5G Antenna Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America 5G Antenna Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America 5G Antenna Market Size and Volume Forecast by Types
8.4.1. Adaptive Array
8.4.2.
Switched Multi-beam
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America 5G Antenna Market Size and Volume Forecast by Applications
8.7.1. Infrastructure
8.7.2.
Automotive
8.7.3.
RADAR
8.7.4.
Satellite Communications
8.7.5.
Cellular Communications,
8.7.6.
Other
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America 5G Antenna Demand Share Forecast, 2019-2026
9. Latin America 5G Antenna Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America 5G Antenna Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America 5G Antenna Market Size and Volume Forecast by Types
9.4.1. Adaptive Array
9.4.2.
Switched Multi-beam
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America 5G Antenna Market Size and Volume Forecast by Applications
9.7.1. Infrastructure
9.7.2.
Automotive
9.7.3.
RADAR
9.7.4.
Satellite Communications
9.7.5.
Cellular Communications,
9.7.6.
Other
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America 5G Antenna Demand Share Forecast, 2019-2026
10. Europe 5G Antenna Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe 5G Antenna Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe 5G Antenna Market Size and Volume Forecast by Types
10.4.1. Adaptive Array
10.4.2.
Switched Multi-beam
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe 5G Antenna Market Size and Volume Forecast by Applications
10.7.1. Infrastructure
10.7.2.
Automotive
10.7.3.
RADAR
10.7.4.
Satellite Communications
10.7.5.
Cellular Communications,
10.7.6.
Other
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe 5G Antenna Demand Share Forecast, 2019-2026
11. Asia Pacific 5G Antenna Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific 5G Antenna Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific 5G Antenna Market Size and Volume Forecast by Types
11.4.1. Adaptive Array
11.4.2.
Switched Multi-beam
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific 5G Antenna Market Size and Volume Forecast by Applications
11.7.1. Infrastructure
11.7.2.
Automotive
11.7.3.
RADAR
11.7.4.
Satellite Communications
11.7.5.
Cellular Communications,
11.7.6.
Other
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific 5G Antenna Demand Share Forecast, 2019-2026
12. Middle East & Africa 5G Antenna Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa 5G Antenna Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa 5G Antenna Market Size and Volume Forecast by Types
12.4.1. Adaptive Array
12.4.2.
Switched Multi-beam
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa 5G Antenna Market Size and Volume Forecast by Applications
12.7.1. Infrastructure
12.7.2.
Automotive
12.7.3.
RADAR
12.7.4.
Satellite Communications
12.7.5.
Cellular Communications,
12.7.6.
Other
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa 5G Antenna Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global 5G Antenna Market: Market Share Analysis
13.2. 5G Antenna Distributors and Customers
13.3. 5G Antenna Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Telefonaktiebolaget LM Ericsson
13.4.2.
Nokia
13.4.3.
Huawei Technologies Co., Ltd.
13.4.4.
Orange S.A.
13.4.5.
Huizhou SPEED Wireless Technology Co., Ltd.
13.4.6.
Cobham Limited
13.4.7.
Qualcomm Technologies, Inc.
13.4.8.
TE Connectivity
13.4.9.
Telstra
13.4.10.
T-Mobile
13.4.11.
AT&T Intellectual Property
13.4.12.
Telecom Italia
13.4.13.
Shenzhen Sunway Communication Co., Ltd.