The base station antenna global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Base Station Antenna Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The base station antenna market size has grown rapidly in recent years. It will grow from $7.33 billion in 2023 to $8.46 billion in 2024 at a compound annual growth rate (CAGR) of 15.4%. The growth in the historic period can be attributed to expansion of mobile networks, increased mobile data usage, rise in smartphone penetration, network upgrades and modernization, introduction of carrier aggregation, globalization of mobile services, focus on rural connectivity, demand for high-speed connectivity.
The base station antenna market size is expected to see rapid growth in the next few years. It will grow to $14.75 billion in 2028 at a compound annual growth rate (CAGR) of 14.9%. The growth in the forecast period can be attributed to demand for indoor connectivity solutions, edge computing integration, focus on energy-efficient solutions, demand for smart antenna systems, urbanization and smart city initiatives, advanced antenna beamforming techniques, focus on network security. Major trends in the forecast period include 5g network deployment, multiple input multiple output, small cell deployments, dual-polarized antennas, remote electrical tilt (ret) technology, iot and smart city deployments, advanced antenna tuning.
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Scope Of Base Station Antenna Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Base Station Antenna Market Overview
Market Drivers –
The increasing usage of mobile devices will boost the demand for base station antenna. The demand and usage for mobile devices are increasing to access the internet and stay connected virtually. Base station antenna provides cellular connectivity to users for their mobile devices. For example, according to a Sweden-based networking and telecommunications company, Ericsson, the number of mobile connections associated with smartphones has reached 6.66 billion, which accounts for nearly 4 in 5 of all the mobile phones in use around the world presently (2022). Therefore, increasing usage of mobile devices is expected to boost the base station antenna market.
Market Trends –
Technological advancements are a key trend gaining popularity in the market. Companies in the market are focusing on technologies such as smart antennas, which have a higher capacity to improve mobile communication infrastructure and provide great wireless network capacity and coverage. Such advancements enable key players to gain a competitive advantage in the market. For instance, in March 2021, the electronics business division of a US-based pharmaceutical company, Merck announced the launch of licriOn, a liquid crystal-based solution for electronically beam-steered smart antennas. licriOn technology uses custom-designed molecules with optimized microwave properties to enable a new type of antenna that improves modern data communication. These antennas can be easily connected with stationary and moving satellites and are a cost-efficient solution for connectivity even in remote areas.
The base station antenna market covered in this report is segmented –
1) By Type: Omni Antenna, Dipole Antenna, Multibeam Antenna, Small Cell, Other Types
2) By Technology: 3G, 4G or LTE, 5G
3) By Application: Mobile Communication, Intelligent Transport, Industrial, Smart City, Military and Defense, Other Applications
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Regional Insights –
Asia-Pacific was the largest region in the base station antenna market in 2023. North America was the second largest region in the base station antenna market analysis. The regions covered in the base station antenna market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the base station antenna market report are CommScope Holding Company Inc., Amphenol Corporation, Ace Technologies Corporation, Comba Telecom, Huawei Technologies Co. Ltd., Rosenberger Hochfrequenztechnik GmbH & Co. KG, Ericsson India Limited, Carlson Wireless Technologies, Cobham Antenna Systems, Filtronic plc, Panorama Antennas, ProSoft Technology Inc., Kathrein-Werke KG, Tongyu Communication Inc., Huawei Technologies Co. Ltd., Nokia Corporation, Molex LLC, Airgain Inc., Galtronics USA Inc., Sunway Communication, Luxshare Precision, Murata Manufacturing Co. Ltd., PC-Tel Inc., Radio Frequency Systems, Kaelus Inc., Aerial Technologies Inc., Alpha Wireless Ltd., CellMax Technologies LLC, Chelton Limited, Holitech Technology Co. Ltd.
Table of Contents
1. Executive Summary
2. Base Station Antenna Market Report Structure
3. Base Station Antenna Market Trends And Strategies
4. Base Station Antenna Market – Macro Economic Scenario
5. Base Station Antenna Market Size And Growth
…..
27. Base Station Antenna Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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