Global terminal antennas market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a significant CAGR during the forecast period.
Global Terminal Antennas Market
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Antenna is an electronics component and is basically used for receiving and transmitting radio waves. They are specially designed and manufactured to transform guided electrical signals into free-space electrical waves and vice versa. The terminal antennas have aesthetic high-end design and exceptional RF performance which make them most ideal choice for various wireless applications.
A growing market for telecommunication and consumer electronics industry across the globe is the major driving factor behind the growth of the market. An increasing demand for high performing wireless systems and high efficiency based devices for all operating bands, surge in the adoption of high efficient miniature antennas for the handheld terminals, rising need for high transmission data rates, ever-changing consumer demands, growing advancements in 3G, 4G and 5G wireless technology and rising trends in mobile terminal industry are expected to improve growth of the market during the forecast period.
However, low radiation efficiency and high costs of terminal antennas are the major restraining factors that could obstruct the growth of the market.
Global Terminal Antennas Market: Segmentation Analysis
By geometry, dipole segment dominated the market in 2019 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. A dipole antenna includes two identical conductive elements for instance metal rods or wires. A dipole antenna is basically manufactured and designed to address all cellular solutions such as ISM, Wi-Fi and 5G working frequencies in electromagnetic spectrum. An increasing requirement for dipole terminal antennas for applications such as high-speed and real time video streaming is accredited to the growth of the market.
By application, broadband communication segment is projected to witness fast growth at a CAGR of XX% during the forecast period. A growing market for wireless broadband communication technology is attributed to the growth of the market. Wireless communication system has been experiencing a remarkable development from the past few years, with higher data rate and expanding users. Antennas, as an essential component of any wireless communication technology or system, have also gone through an outstanding evolvement. Thus, increasing significance of terminal antenna in mobile broadband communication application is expected to impel growth of the market during the forecast period.
Global Terminal Antennas Market: Regional Analysis
Region-wise, Asia Pacific held the largest market share in 2019 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. The economies such as China, Japan, South Korea, and India are the major key contributors behind the growth of the market. The growth is attributed to the massive presence of terminal antenna manufacturing companies across the region. Also, the APAC region held the largest share in telecommunication market and is expected to grow at a CAGR of XX% in coming years, which is further driving the growth of the market.
Ongoing development in the telecommunication infrastructure, rising number of mobile phone users along with the internet connectivity, increasing introduction of 2G, 3G, and 4G LTE terminal antennas and growing market for smart connected devices across the region are impelling the growth of the market in APAC region.
The objective of the report is to present a comprehensive analysis of the Global Terminal Antennas Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Terminal Antennas Market dynamics, structure by analyzing the market segments and projects the Global Terminal Antennas Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Terminal Antennas Market make the report investor’s guide.
Scope of Global Terminal Antennas Market
Global Terminal Antennas Market, By Geometry
Global Terminal Antennas Market, By Application
• Broadband Communication
• Maritime Satellite Communication
• Remote Asset Monitoring Applications
• Paging Systems
• Industrial Devices
• Medical Devices
• Home Automation
• Private Mobile Radio Services
Global Terminal Antennas Market, By Region
• North America
• Asia Pacific
• South America
• Middle East and Africa
Global Terminal Antennas Market, Key Players
• Taoglas - Antenna Solutions
• Panorama Antennas
• Kenbotong Technology Co. Ltd
• Antenova Ltd
• Embedded Antenna Design Ltd
• M2M Connectivity
• Guangdong Shenglu Telecommunication Tech.co,.Ltd
• Asian Creation Communication Factory
• Digisat International Inc
• CSG NETWORKS PRIVATE LIMITED
• Halberd Bastion Pty Ltd
• MS TELECOM CO.,LTD
• China Starwin Science & Technology Co.,Ltd
• Joymax Electronics Co., Ltd
• Antenova Ltd
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