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.
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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.
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