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antenna market size 2024 Global Trend by 2032

  •  Region : Global
  • Electronic and Semiconductor
  •  Pages : 160
  •  Format : PDF/Excel

Antenna Market Research, 2032

The global antenna market is anticipated to reach $40.3 billion by 2032, growing at a CAGR of 9.15% from 2023 to 2032.

 

KEY PLAYERS COVERED:

Major players in the global antenna market include Accel Networks (The U.S.), Airgo networks Inc. (The U.S.), Array com LLC. (The U.S.), Broadcom Corp. (The U.S.), CommScope (The U.S.), Linx Technologies (The U.S.), Motorola Inc. (The U.S.), Qualcomm Inc. (The U.S.), Ruckuss Wireless (The U.S.), among others.

 

ANTENNA MARKET INDUSTRY DEVELOPMENTS:

  • In April 2019, Viasat launched the second-generation hybrid in-flight connectivity Ku-/Ka-band antenna system for commercial wide-body aircraft, providing a flexible solution for satellite networks.
  • In June 2017, BAE Systems Inc. and the Department of Defense (The U.S) were awarded a $12.3 million contract to provide 265 antenna units for single-seat F/A-18A jets.

 

Antenna Market Trends:

Phone to be the Largest Product Segment in the Studied Market:

  • Global mobile internet subscribers reached 4.4 billion in 2022, driving investments in phone network infrastructure and narrowing the mobile broadband network gap.
  • Adequate antenna performance in phones is crucial for communication coverage, especially in low-signal areas. The maturity of 5G technology enables large-scale deployments and commercialization, further boosting mobile subscriber growth.
  • More than two in five people worldwide are expected to live within the reach of 5G networks by 2025, driving the adoption of active antenna systems and integration of multiple antennas into small form-factor devices.
  • Ericsson forecasts a significant increase in 5G subscriptions worldwide, with Southeast Asia, Northeast Asia, Nepal, India, and Bhutan expected to lead in subscriptions by region.
  • Technologically advanced simulation software facilitates efficient production of 5G phones, encouraging manufacturers and network operators to adopt 5G antenna technology to meet consumer demands.

 

Global Antenna Market Segmentation

The antenna market is segmented on the basis of antenna type, technology, frequency range, application, and end-use sector. The growth amongst these segments will help analyze meager growth segments in the industries and provide users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Antenna Type

  • External
  • Internal

Frequency Range

  • Ultra-High
  • Very High
  • High

Technology

  • MIMO (Multi Input Multi Output)
  • SIMO (Single Input Multi Output)
  • MISO (Multi Input Single Output)
  • SISO (Single Input Single Output)

Application

  • Cellular Systems
  • Radar
  • Wi-Fi Systems
  • WiMAX
  • Others

End User Sector

  • Networking/ Communications
  • Consumer Electronics
  • Military/Defense
  • Automotive
  • Industrial
  • Health/Medical
  • IoT
  • 5G
  • Others


Frequently Asked Questions

The global antenna market size is projected to reach $40.3 billion by 2032

growing at a CAGR of 9.15% from 2023 to 2032.

This report provides market intelligence to enable effective decision making. It includes:
 Market estimates and forecasts from 2019 to 2032
 Growth opportunities and trend analyses
 Segment and regional revenue forecasts for market assessment
 Competition strategy and market share analysis
 Product innovation listing to stay ahead of the curve
 COVID-19's impact and how to sustain in these fast-evolving markets
 The report is available in PDF, Excel, PPT, and online dashboard versions.
Do you need more?
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Here are the benefits of this report:
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Key Topics Covered

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Research Process:

Research on the market is done by industry professionals who provide personalized insights on the industry structure, market segmentation, Type assessment, competitive landscape (CL), along with penetration, and emerging trends. In addition to years of professional experience in their various fields and sectors, their analysis is largely based on primary interview (60%) and secondary research (40%) as well as years of professional experience. In addition, our researchers forecast the market's direction over the following seven years by examining past trends and the market's current position. Additionally, various trends of segments and categories that are geographically portrayed are studied and estimated using primary and secondary research.

The key level executives (VP, CEO, Marketing Directors, and Business Development Managers) of the major industry participants who are active and prominent as well as mid-scale businesses operating in this market were interviewed in-depth for this supply-side report by overall Global Market Research.

Primary Research:

Extensive primary research was conducted to gain a deeper grasp of the market and industry. Both primary and secondary research, as well as years of pertinent professional experience, are used to support the analysis. By analyzing past and present market patterns, our experts were able to forecast the market's course over the following seven years. For the geographically offered categories in the list of market tables, it differs per category. In connection with the Global Market research report, we also conducted a number of primary interviews with senior level executives (VP, CEO's, Directors, Marketing Directors, Business Development Managers, CFOs, Technical Consultants, Key Opinion Leaders, Industry Experts, Decision Matrix Authorities, and other crucial individuals) of the key industry players who dominated the Global market.

Secondary Research:

The primary purpose of secondary research was to gather, identify, and validate the information necessary for the thorough, technical, market-focused, and commercial analysis of the global market. With the use of this study, it was also possible to classify and segment the market in accordance with market trends, geographic markets, and regional considerations linked to market type. Analysts have gathered data in the Distribution Channel for the study of the market from reliable sources including annual reports, journals, white papers, corporate presentations, company websites, international organizations of Energy and Power manufacturers, credible paid databases, and many others to gather reliable intel.

Market Size Estimation:

Both top-down and bottom-up methodologies were employed to assess the accuracy of the global market size. The market for as a whole was estimated using these methods for a number of different dependent submarkets. Secondary research was used to address the major industry players, and primary and secondary research was used to calculate their market shares in the various regions. This complete intellectual process includes reading the annual and financial reports of the top market participants and conducting in-depth interviews with top industry executives (VP, CEO, Marketing Directors, and Business Development Managers) to gain important industry insights.

Through reliable secondary sources and validated primary sources, the classification of the global markets and their geographic percentage splits were established. To obtain the final qualitative and quantitative data, all relevant variables that might have an impact on the market under investigation have been taken into consideration, inspected in great depth, verified through primary research, and assessed. This information was collected, added to, and thoroughly examined by professional analysts before being provided in this report. The process used to estimate the overall market size for this study is depicted in the following image as an example.

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