June 19, 2021

Antenna Market 2021: Global Industry Growth, Share, Segment Analysis, Current Trends and Industry Overview Report Forecast to 2024


Antenna Market” report helps to gain a deeper insight of the market overall landscape with qualitative and quantitative aspects of various industry factors like growth, size and share. The report consists of an extensive primary research associated with rapidly changing dynamics and current scenario of Antenna industry with latest developments. Antenna market also shows information of Product awareness, adept workforce, technological advancements, raw material affluence, favorable environment.

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Scope of the Report:

Antennas are components that enable wireless communication between a set of devices and their associated networks. They convert radio waves into electrical power and vice versa, depending on the nature of the operation. Smart antennas are advanced antennas using sophisticated technology that are significantly more powerful and reliable than regular antennas. With changing communication needs in the industry, the demand for smart antennas is also rising.

Major Key Players:

  • TE Connectivity Ltd.
  • Cobham PLC
  • Fractus Antennas SL
  • Murata Manufacturing Co Ltd
  • Antcom Corporation
  • Motorola Solutions Inc.
  • Pulse Electronics Corporation
  • Comrod Communication ASA
  • Circomm Technology Corp
  • Viasat Inc.
  • Honeywell International Inc.

    Market Overview:

  • The global antenna market was valued at USD 18.57 billion in 2018 and is expected to reach a value of USD 27.7 billion by 2024, recording a CAGR of 6.96% over the forecast period 2019 – 2024. Radio antennas are being extensively used as they are comparatively cheaper and are deployed on a large scale. On the other hand, RADARs are finding applications in many fields, including automobile, defense, drones, etc.
  • – Investments in autonomous vehicles are driving the demand for RADAR and other communication systems. Satellite communication and cellular communication are also investing heavily in improving the existing infrastructure. This is resulting in augmenting demand for antenna systems.
  • – With international companies exploring the potential of the emerging nations, this sector is witnessing increasing amounts of investments. Overall, the market is expected to grow at a healthy rate over the forecast period.
  • – However, there is still a need for efficiency and bandwidth improvements. Due to these factors, the growth of the antennas is getting hampered.

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    Our Research Report Includes:

    • Antenna Market size & share analysis
    • Top market players along with sales, revenue, and business strategies analysis
    • Antenna Market growth drivers and restraints
    • Market opportunities & challenges
    • Research methodology and impact of Covid-19 on Industry

    Key Market Trends:

    Smart Antenna is Expected to Have a Significant Market Share

    – Smart antennas are proficient in increasing the signal range, minimalizing interfering signals, combating signal fading and as a consequence enhancing the capacity of a wireless system. Increasing application of smart antennas in smartphones and growing demand for smart antennas in wireless communication are driving the smart antennas adoption.
    – Moreover, rising need for faster data transmission in modern communication systems with optimized evolution data, high speed downloading, and web browsing has forced organizations to increase the efficiency of wireless transmission, which is favoring the market.
    – Furthermore, continuously improving network infrastructure has compelled retailers to use m-commerce and e-commerce with RFID tracking systems technology, to track the shipments. The integration of RFID technology in the IoT landscape is expected to be one of the significant trends that will gain traction and aid the adoption of smart antennas over the forecast period.
    – As the telecom industry waits for 5G, antenna vendors are busy perfecting the adoption of smart antenna constructs across power values, operating distances and frequency ranges.

    North America is Expected to Have a Major Market Share

    – Developed communication infrastructure and increasing investments in the region for the development of new infrastructure from military and defense, satellite, and cellular communication are expected to drive the growth of the antenna market.
    – 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.
    – AT&T’s 5G trials are helping the company guide its 5G 3GPP standards contributions. AT&T has been testing 5G fixed wireless equipment with vendors, and it showed the possibilities of millimeter wave (mmWave) radio access technology for the networks of the future.
    – 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.
    – High defense budgets of the United States and increasing demand for economic and security issues have increased the need for RADAR systems. Additionally, technological advancements and growing demand for ranging and detection of objects are fuelling the demand for RADAR systems.

    Competitive Landscape:

    Most of the companies present in the market are efficient at the technological front, but require significant support for enhancing their services and expanding their businesses. Thus, mergers and acquisitions offer significant opportunities to gain the attention of a large number of providers across developed regions.

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    Detailed TOC of Antenna Market Report 2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Rising Automation in Developing Countries Across Various Verticals
    4.3.2 Penetration of the Internet and the Advent Of IoT
    4.4 Market Restraints
    4.4.1 Need for Efficiency and Bandwidth Improvements
    4.5 Industry Attractiveness – Porter’s Five Force Analysis
    4.5.1 Threat of New Entrants
    4.5.2 Bargaining Power of Buyers/Consumers
    4.5.3 Bargaining Power of Suppliers
    4.5.4 Threat of Substitute Products
    4.5.5 Intensity of Competitive Rivalry

    5.1 By Type
    5.1.1 Smart Antenna
    5.1.2 Mini – Strip Antenna
    5.1.3 Other Types
    5.2 By End-user Industry
    5.2.1 Aerospace & Defense
    5.2.2 Consumer Electronics
    5.2.3 Healthcare
    5.2.4 Telecommunication
    5.2.5 Other End-user Industries
    5.3 Geography
    5.3.1 North America United States Canada
    5.3.2 Europe Germany United Kingdom France Rest of Europe
    5.3.3 Asia Pacific China Japan India South Korea Rest of Asia-Pacific
    5.3.4 Latin America Brazil Mexico Rest of Latin America
    5.3.5 Middle East and Africa UAE Saudi Arabia Iran Rest of Middle East & Africa

    6.1 Company Profiles
    6.1.1 TE Connectivity Ltd.
    6.1.2 Cobham PLC
    6.1.3 Fractus Antennas SL
    6.1.4 Murata Manufacturing Co Ltd
    6.1.5 Antcom Corporation
    6.1.6 Motorola Solutions Inc.
    6.1.7 Pulse Electronics Corporation
    6.1.8 Comrod Communication ASA
    6.1.9 Circomm Technology Corp
    6.1.10 Viasat Inc.
    6.1.11 Honeywell International Inc.



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