The global antenna market is anticipated to expand at a CAGR of 9.7% during the forecast period, 2021-2028. The growth of the market is attributed to increasing development in the communication infrastructure and rising investments for the development of new infrastructure in military and defense, satellite, and cellular communication industries.
Antenna is used as the intermediator between the radio waves propagating through space and current-carrying conductors. It works as the transducer that converts the radiofrequency into alternating current and vice-versa. Antennas can be designed to transmit and receive radio waves in all horizontal directions, also known as omnidirectional antennas, or preferentially in a particular direction, also known as directional, high-gain, or beam antennas.
The report on the global antenna market includes an assessment of the market, trends, segments and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Antenna Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Type (Stamping Antennas, FPC Antennas, LDS Antennas, LCP Antennas, MPI Antennas, Radio Antennas, and Smart Antennas), Applications (Main Antenna, Bluetooth Antenna, GPS Antenna, NFC Antenna, Wi-Fi, RADAR, Satellite Communications, Cellular Communications, and Others), Product (Phones, Laptops, Tablets, and Wearables) |
Regional Scope |
North America, Latin America, Europe, Asia Pacific and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
TE Connectivity Ltd, Fractus Antennas SL, Antcom Corporation, Pulse Electronics Corporation, Circomm Technology Corp Cobham PLC, Murata Manufacturing Co. Ltd, Motorola Solutions Inc., Comrod Communication ASA and Viasat Inc. |
LCP antennas segment to account a considerable market share
Based on types, the market is classified as stamping antennas, FPC antennas, LDS antennas, LCP antennas, MPI antennas, radio antennas, and smart antennas. The LCP antennas segment is projected to account a considerable market share owing to the increasing focus on developing LCP & MPI solutions due to the advent of 5G technology. Growing consumer electronics industry and OEM's focus toward the adoption of LCP antennas are expected to focus on the development of LCP and MPI solutions. Rising demand for smart antennas due to ongoing technological advancement is expected to boost the market in the smart antennas segment.
Satellite communications segment to grow at a rapid rate
Based on application, the market is classified as main antenna, bluetooth antenna, GPS antenna, NFC antenna, Wi-Fi, RADAR, and satellite communications, cellular communications, and others. The satellite communications segment is expected to exhibit a rapid growth rate owing to the increasing adoption of wireless systems and growing adoption of the antenna in consumer electronics.
Phones segment to account a significant market share
based on products, the market is segregated into phones, laptops, tablets, and wearables. The phones segment is projected to account for a significant market share in the projected timeline. The rapid growth of the telecom industry, increasing smartphone proliferation, and advent of 5G technology are the major factors driving the phone segment.
North America to account a major market share
Based on regions, the market is divided as North America, Latin America, Europe, Asia Pacific and Middle East & Africa. North America is expected to account for a major market share during the forecasted period. The early adoption of latest technologies such as 5G and presence of major industry players are driving the regional market growth.
Segments Covered in the Report
Types
Application
Product
Regions
Key players
Some of the leading manufacturers in the market are TE Connectivity Ltd, Fractus Antennas SL, Antcom Corporation, Pulse Electronics Corporation, Circomm Technology Corp Cobham PLC, Murata Manufacturing Co. Ltd, Motorola Solutions Inc., Comrod Communication ASA, and Viasat Inc.
Segments Covered in the Report
Types
Application
Product
Regions
Key players
Some of the leading manufacturers in the market are TE Connectivity Ltd, Fractus Antennas SL, Antcom Corporation, Pulse Electronics Corporation, Circomm Technology Corp Cobham PLC, Murata Manufacturing Co. Ltd, Motorola Solutions Inc., Comrod Communication ASA, and Viasat Inc.
Some other reports from this category!