The transmitting antennas 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.
Transmitting Antennas 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 transmitting antennas market size has grown rapidly in recent years. It will grow from $22.76 billion in 2023 to $25.22 billion in 2024 at a compound annual growth rate (CAGR) of 10.8%. The growth in the historic period can be attributed to television and radio broadcasting, telecommunications infrastructure, military and defense applications, satellite communications, wi-fi and wireless networking.
The transmitting antennas market size is expected to see rapid growth in the next few years. It will grow to $39.97 billion in 2028 at a compound annual growth rate (CAGR) of 12.2%. The growth in the forecast period can be attributed to 5g deployment, iot and smart devices, connected vehicles, aerospace and satellite communication. Major trends in the forecast period include beamforming technology, iot connectivity, smart antennas, 5g mmwave antennas.
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Scope Of Transmitting Antennas 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.
Transmitting Antennas Market Overview
Market Drivers –
Rising investment in autonomous vehicles increases the demand for antennas, driving the market. Autonomous vehicles are equipped with different sensing technologies such as cameras, light detection and ranging (LIDAR), laser-based sensors, global positioning systems, and radar transceivers to sense complex environments. For instance, in June 2021, General Motors Co., a US-based manufacturer and distributor of automotive parts, announced that it would increase its investments in electric and autonomous vehicles from 2020 to 2025 to $35 billion, a 75 percent increase from its initial commitment made public before the pandemic. Increased investments in autonomous vehicles fuel the transmitting antennas market growth.
Market Trends –
Companies are manufacturing military antennas to cater to the rising demand for military antennas in military services. Military antennas are capable of providing better surveillance, accurate tracking, and security concerns in the use of military aircraft, naval vessels, armored vehicles, aircraft, and others. For instance, TACo., a Canada-based company, manufactures multiple military antennas, which specializes in ground-air-ground, air traffic control, and associated vehicular and base communications applications. The requirement of enhanced features in a military antenna is gaining traction, contributing to the growth of the market.
The transmitting antennas market covered in this report is segmented –
1) By Type: Smart Antenna, Mini-strip Antenna, Other Types
2) By Frequency: HF, VHF, UHF
3) By End-User Industry: Aerospace and Defense, Consumer Electronics, Healthcare, Telecommunication, Other End-Use Industries
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Regional Insights –
North America was the largest region in the transmitting antennas market in 2023. Asia-Pacific is expected to be the fastest-growing region in the transmitting antennas market during the forecast period. The regions covered in the transmitting antennas market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the transmitting antennas market include Accel Networks, Honeywell International, Intel Corporation, Alcatel-Lucent International Holdings, Ruckus Wireles, Airgo Networks (Acquired by Qualcomm), Broadcom Corp, Linx Technologies, Samsung Electronics, Motorola, ArrayComm, Qualcomm, Comba Telecom, KATHREIN-Werke, Laird, Advanced RF Technologies (ADRF), Cobham Wireless, CommScope, Bird Technologies, Ericsson, Huawei Technologies, ZTE, Antennas Direct, VOXX Accessories Corp, Jasco Products (GE), Best Buy, Winegard, Mohu, Polaroid, Channel Master, Marathon
Table of Contents
1. Executive Summary
2. Transmitting Antennas Market Report Structure
3. Transmitting Antennas Market Trends And Strategies
4. Transmitting Antennas Market – Macro Economic Scenario
5. Transmitting Antennas Market Size And Growth
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27. Transmitting Antennas Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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