Antenna Market size was valued at USD 20.81 Bn. in 2022 and the total revenue is expected to grow at CAGR 8.72% through 2023 to 2029, reaching nearly USD 37.37 Bn.
Antenna Market Overview:
The Antenna Market analysis provides a full insight into the competition, including the market share and company profiles of the key worldwide rivals. The scope of the research covers a thorough investigation of the Antenna Market , as well as the causes for variances in the industry’s growth in different regions.
Market Scope:
Following the completion of market engineering, which comprised market statistics calculations, estimations of market size, market projections, market breakdown, and data triangulation, major primary research was conducted to obtain information and verify and validate critical numbers. Top-down and bottom-up strategies, as well as several data triangulation procedures, were often used throughout the market engineering process to perform market estimating and forecasting for the overall market segments and sub-segments discussed in this research. In order to give vital information throughout the report, extensive qualitative and quantitative analysis is done on all data gathered throughout the market engineering process.
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Segmentation:
The Stamping Antenna, FPC Antenna, LDS Antenna, LCP Antenna, and MPI Antenna categories make up the Antenna Market’s Type segmentation. The market share that the stamping antenna segment owned in 2022 was 35.74%. The market expansion for this sector is driven by stamping antennas, an effective technology with a number of key features including the lowest cost, integrated connections connected to the ground plane, and support for mass production. During the projection period, the FPC Antenna Segment is anticipated to expand significantly at a CAGR of 8.65%. FPC antennas provide a wide range of advantages, including high wiring density, low weight, thin thickness, and bendability properties, which fuel this segment’s antenna market expansion.
Key Players:
Primary and secondary research is used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.
The biggest players in the Antenna Market are as follows:
1. Molex, LLC.
2. Amphenol Corporation
3. Airgain, Inc.
4. Galtronics USA, Inc.
5. Sunway Communication
6. Luxshare Precision
7. Murata Manufacturing Co., Ltd.
8. Huizhou SPEED Wireless Technology Co., Ltd
9. Fujikura Electronics
10. Xinwei Communication
11. Holitech America Inc.
12. AAC Technologies
13. TE Connectivit
14. Qualcomm Technologies, Inc.
15. Texas Instruments Incorporated
16. Linx Technologies
Regional Analysis:
Individual market influencing components and changes in market regulations affecting the present and future market trends are also included in the regional overview of the Antenna Market analysis. Current and future trends are researched in order to assess the entire market potential and identify profitable patterns in order to get a stronger foothold. The geographical market assessment is based on the present environment and expected developments.
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COVID-19 Impact Analysis on Antenna Market :
End-user industries where Antenna Market are utilised saw a dip in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant decrease in the revenues of businesses working in these industries and, as a result, in demand for Antenna Market manufacturers, influencing the development of the Antenna Market in 2020. End-user business demand for Antenna Market has declined significantly as a result of lockdowns and an increase in COVID-19 events worldwide.
Key Questions Answered in the Antenna Market Report are:
- In 2021, which segment held the highest proportion of the Antenna Market ?
- What is the Antenna Market ‘s competitive landscape?
- What are the primary drivers assisting Antenna Market growth?
- Which region has the most market share in the Antenna Market ?
- What will be the Antenna Market ‘s CAGR throughout the projected period?
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