Report Highlights
The global antennas market is expected to grow from $23.6 billion in 2024 and is projected to reach $34.4 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.8% during the forecast period of 2024 to 2029.
Report Includes
- 43 data tables and 45 additional tables
- Overview and analysis of the global market for antenna systems, including patch, embedded, fractal, smart and reflectors
- Analyses of the global market trends, with market revenue data for 2023, estimates for 2024, forecasts for 2025 and 2028, and projected CAGRs through 2029
- Estimates of the market size and revenue prospects for the global antenna market, along with a market share analysis by product type, application and region/country
- Facts and figures pertaining to the market dynamics, technological advances, regulations and the impact of macroeconomic factors
- Insights derived from the Porter’s Five Forces model, as well as global supply chain and PESTLE analyses
- An analysis of patents, emerging trends and developments in the industry
- Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, and the ESG scores and practices of leading companies
- Analysis of the industry structure, including companies’ market shares and rankings, strategic alliances, M&A activity and a venture funding outlook
- Profiles of leading companies, including Huawei Technologies Co. Ltd., CommScope, Telefonaktiebolaget LM Ericsson, Amphenol Corp., and TE Connectivity
Report Scope
This report provides an overview of the global antenna market and analyzes market trends. 2023 is considered as a base year and the market values will be forecast from 2024 to 2029. The report covers qualitative and quantitative information for various antenna market segments, such as types and applications. The study also covers an in-depth regional analysis of the Americas, Europe, Asia-Pacific, the Middle East, and Africa. The report covers emerging technologies and developments, along with various macroeconomic factors. Apart from this, the top companies in the market are identified with their market share and relevant vital developments. All market values are in the $ million.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2023 | ||||||||||||||||
| Forecast period considered | 2024-2029 | ||||||||||||||||
| Base year market size | $22.1 billion | ||||||||||||||||
| Market size forecast | $34.4 billion | ||||||||||||||||
| Growth rate | CAGR of 7.8% for the forecast period of 2024-2029 | ||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||
| Segments covered | Type, End Use Application, and Region | ||||||||||||||||
| Regions covered | Americas, Asia-Pacific, Europe, and Middle East and Africa | ||||||||||||||||
| Countries covered | U.S., Canada, Mexico, South America, France, Germany, the U.K., Italy, Japan, India, South Korea and China | ||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
- The key factors driving the market include rapid expansion in wireless communications.
- Advancement in massive Multiple input Multiple output technology.
- By Type.
- By End Use Application.
- By Region.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
The global market for antennas is estimated to increase from $19.8 billion in 2021 to $29.0 billion by 2026 with a compound annual growth rate (CAGR) of 7.9% during the forecast period of 2021-2026.
Report Highlights
The global market for Antennas should grow from $19.9 billion in 2019 to $27.2 billion by 2024 with a compound annual growth rate (CAGR) of 6.4% for the period of 2019-2024
Report Highlights
The global antenna market will grow from $16.8 billion in 2016 to $22.5 billion by 2021, with a compound annual growth rate (CAGR) of 6.0% for the period of 2016-2021.
Report Highlights
The global antenna market reached $14.2 billion in 2013 and $15.1 billion in 2014. This market should grow to $19.9 billion in 2019, with a compound annual growth rate (CAGR) of 5.7% from 2014 to 2019.
Report Highlights
The global antenna market was valued at $12.6 billion in 2011 and should reach nearly $13.4 billion in 2012. Total market value is expected to reach nearly $16.9 billion in 2017 after increasing at a five-year compound annual growth rate (CAGR) of 4.8%.
Report Highlights
-
Overall sales in global antenna market were $10.7 billion in 2008, which came down to $10 billion in 2009 due to global recession. This is projected to reach $13.3 billion in 2014 at a compound annual growth rate (CAGR) of 5.8%
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BCC Research forecasts that the defense and surveillance applications sector will grow fastest resulting in an almost 5% rise in market share. This sector was worth $1.2 billion in 2009 and is expected to increase at a compound annual growth rate (CAGR) of 13% to reach 2.1 billion by 2014.
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Wireless communications have made antennas almost indispensable to sectors such as computing applications and residential/industrial/commercial premises and user devices. Wireless telecommunications infrastructure was worth nearly $1.9 billion in 2009 and should reach $2.2 billion by 2014, a compound annual growth rate (CAGR) of 3.7%.
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