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Antenna Market Growing Demand Overview Volume and Value Forecast Report 2024

Antenna

The Antenna Market Report provides comprehensive information on the top of market owners, their annual transactions, the stability of their actions and the strategies used to attract the activity. Antenna Market report also highlights some of the rules and regulations that have been established by the governing bodies of some countries that can stimulate and restrict commercial activities in certain parts of the world. The information includes the company profile, annual turnover, the types of products and services they provide, income generation, which provide direction to businesses to take important steps.

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Antenna Market study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

The global antenna market was valued at USD 17.54 billion in 2017, and is expected to reach a value of USD 25.46 million by 2023, recording a CAGR of 6.61% over the forecast period (2018 – 2023). The scope of the report is limited to solutions offered by major players, including providers of hardware, professional services, and integration solutions. The regions considered in the scope of the report include North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The study also emphasizes on various end-user-based applications, like in aviation, defense, telecommunication, consumer electronics, and healthcare.

Antennas enable wireless communication between a set of devices and their associated networks, converting the radio waves into electrical power and vice versa. Smart antennas are advanced antennas using high-end technology that are considerably more powerful and reliable than regular antennas. Radio antennas are being extensively used, as they are cost efficient and are deployed on a large scale. RADARs are finding applications in many fields, including automobile, defense, and drones.

Investments in autonomous vehicles are driving the demand for RADAR and related communication systems. Satellite communication and cellular communication players are also investing in improving the existing infrastructure. This is resulting in augmenting the demand for antenna systems. Increased adoption of smart wearables and Internet of Things – enabled devices in healthcare, media, manufacturing, and other verticals has been observed in the recent years. With the increasing adoption of technology, the need for communication-enabling technologies is also growing. Huge investments and advancements in technology are expected to further aid the growth of the market. However, high competition in the industry from various technologies and need for large R&D resources are challenging the growth of the market.

North America and Europe are the primary regions portraying potential for this industry. Developed communication infrastructure and increasing investments for the development of new infrastructure from military and defense, satellite, and cellular communication are expected to drive the growth. Shortly, with smartphones gaining penetration in new markets and the advent of new communication technologies, such as 4G (and further advanced technologies like 5G) expected to enter the market, the demand for smart antennas seems lucrative for market prospects. Furthermore, with international companies exploring the potential in emerging nations, this sector is witnessing increasing investments. Overall, the market is expected to grow at a healthy rate over the forecast period.

New Opportunities in the Antenna Market

The need for an alternate technology is of utmost importance, due to the limitations of existing technologies, such as 2G, 3G, and 4G, which have limited bandwidth, high latency, lack of real-time applications, and poor mobility handling. The 5G technology has the potential to deliver a unified communication platform capable of dealing with an increase in several orders of magnitude, of the number of assets, volume, variety of information, and reaction times for a wide range of industrial, healthcare, and ICT sectors.

Owing to the advent of 5G technology, major telecommunication companies and industry groups are investing in 5G-related infrastructure. Presently, the technologies that are best suited for 5G in the market, in the long run, are not yet clear, but a few early preferences have emerged. Among them are millimeter waves, massive MIMO, full duplex, beam-forming, and small cells technologies that could enable 5G networks. Wireless networking engineers are working toward designing technologies to deliver data with less than a millisecond of delay (compared to about 70 milliseconds on 4G networks) and bring peak download speeds of 20 gigabits per second (compared to 1 Gb/s on 4G) to users. This technology is expected to witness complete implementation over the forecast period and is expected to have a huge impact on the antenna market.

North America has the Largest Market Share

North America held the largest market share, due to the strong presence of companies and high technology penetration of antennas in various industry verticals in the region. The United States has been estimated to remain the strongest market in this region, while Canada is projected to grow at a faster pace over the forecast period. As of September 2017, there were about 215,000 cell-phone towers in the United States. This number is further expected to increase over the forecast period, owing to the growing penetration of smartphones, thus driving demand for antennas. Replacement of the older products is also expected to drive the demand.

Growing adoption of IoT in this region has led to the integration of connected solutions in a wide range of sectors, like manufacturing, healthcare, and retail, which is creating the need for improved communications that require antennas. The United States is also expected to be one of the primary adaptors of 5G technology, which is further expected to boost the demand for antennas over the forecast period. The United States increased its military expenditure in 2017 under the Trump administration, which has greatly benefited the aerospace & defense industry. The usage of military grade antennas in these industries is expected to promote their growth, due to increased funding.

Key Developments in the Market

• December 2017 – Cobham introduced two ultra-wideband gooseneck antennas, designed for use on ground robots, unmanned vehicles, manpacks, broadcast cameras, and vehicles. The wideband nature of the antennas allows users to future-proof their systems and give increased flexibility when using software-defined radios.
• June 2017 – Cobham launched its next-gen anti-jam GPS system. The system provides significant immunity to jamming, as compared to a conventional GPS antenna, allowing the platform to operate over 100 times closer to the jammer while maintaining its GPS reception.
• May 2017 – Cobham announced the development of antenna solutions for systems designed to compromise the unlawful use of drones.

Major Players: LINX TECHNOLOGIES, MOTOROLA INC., SAMSUNG ELECTRONICS CO. LTD, INTEL CORPORATION., QUALCOMM INC., AND HONEYWELL INTERNATIONAL INC., amongst others.

Reasons to Purchase this Report

• Current and future global antenna market outlook in the developed and emerging markets
• To know how the various segments are performing in the global market scenario
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• Segments and sub-segments that are expected to dominate the global market
• Regions that are expected to witness the fastest growth during the forecast period
• Identify the latest developments, market shares, and strategies employed by the major market players
• 3 months analyst support, along with the Market Estimate sheet (in excel)

Customization of the Report

• This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.

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Antenna Market Analyse according to leading players, Competitive landscape, geographical regions, top manufacturers, types, and applications forecast over a period of 2019 to 2024. Geographically, this report is divided into many key Regions, with production, consumption, revenue (million USD), market share and rate of Antenna Market 2019 in these regions, from 2018 to 2024 (forecast), covering: North America, China, Europe, Japan, Southeast Asia, India.

The Objectives of this report are:

  • To define, describe, and analyze the Antenna market on the basis of product type, application, and region
  • To forecast and analyze the size of the Antenna market (in terms of value) in six key regions, namely, Asia Pacific, Western Europe, Central & Eastern Europe, North America, the Middle East & Africa, and South America
  • To forecast and analyze the Antenna market at country-level in each region
  • To strategically analyze each submarket with respect to individual growth trends and its contribution to the Antenna market
  • To analyze opportunities in the Antenna market for stakeholders by identifying high-growth segments of the market

Key Questions Answered in Antenna market report:

  • What will the market size be in 2024 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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Antenna Market Report Provides Comprehensive Analysis as Following:

Market segments and sub-segments

Market size & shares

Market trends and dynamics

Market Drivers and Opportunities

Market Analysis and Segmentation

Competitive landscape

Supply and demand

Technological inventions in Antenna trade

Marketing Channel Development Trend

Antenna Market Positioning

Pricing Strategy

Brand Strategy

Target consumer

Distributors/Traders List enclosed in Positioning Antenna Market

Antenna Market report provides you a visible, one-stop breakdown of the leading product, submarkets and market leaders revenue forecasts till 2024. In conclusion, Antenna Market 2019 report presents the descriptive analysis of the Antenna Market Major Key-players, Types, Application and Forecast Period knowledge which is able to function a profitable guide for all the Antenna Market competitors.

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