Overview and Scope
A transmitting antenna is a fundamental element of radio technology. This type of antenna is made up of a conductor that carries a current that fluctuates with time and converts it into radiofrequency radiation that propagates in space.
Sizing and Forecast
The transmitting antennas market size has grown rapidly in recent years. It will grow from <b>$22.76 billion in 2023 to $25.22 billion in 2024 at a compound annual growth rate (CAGR) of 10.8%. </b> 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 <b>$39.97 billion in 2028 at a compound annual growth rate (CAGR) of 12.2%. </b> 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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Segmentation & Regional Insights
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
<b>North America</b> was the largest region in the transmitting antennas market in 2023. <b>Asia-Pacific</b> 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
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Major Driver Impacting Market Growth
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.
Key Industry Players
Major companies operating in the transmitting antennas market include <b>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</b>
The transmitting antennas market report table of contents includes:
1. Executive Summary
2. Transmitting Antennas Market Characteristics
3. Transmitting Antennas Market Trends And Strategies
4. Transmitting Antennas Market – Macro Economic Scenario
5. Global Transmitting Antennas Market Size and Growth
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26. South America Transmitting Antennas Market
27. Brazil Transmitting Antennas Market
28. Middle East Transmitting Antennas Market
29. Africa Transmitting Antennas Market
30. Transmitting Antennas Market Competitive Landscape And Company Profiles
Top Major Players:
- Accel Networks
- Honeywell International
- Intel Corporation
- Alcatel-Lucent International Holdings
- Ruckus Wireless
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