Press release
Antenna Market is expected to record a CAGR of 6.61% to reach a value of USD 25.46 million by 2023| Dominant Vendors - LINX TECHNOLOGIES, MOTOROLA INC., SAMSUNG ELECTRONICS CO. LTD, INTEL CORPORATION., QUALCOMM INC., AND HONEYWELL INTERNATIONAL INC., amon
Market Analysis:North America has the Largest Market Share
North America held the largest market share, due to the strong presence of companies and high technology penetration of antennas in various industry verticals and growing adoption of IoT in the region. The United States has been estimated to remain the strongest market in this region.
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Antennas enable wireless communication between a set of devices and their associated networks, converting the radio waves into electrical power and vice versa. Smart antennas are advanced antennas using high-end technology that are considerably more powerful and reliable than regular antennas. RADARs are finding applications in many fields, including automobile, defense, and drones. Satellite communication and cellular communication players are also investing in improving the existing infrastructure. This is resulting in augmenting the demand for antenna systems. Increased adoption of smart wearables and Internet of Things - enabled devices in healthcare, media, manufacturing, and other verticals has been observed in the recent years. With the increasing adoption of technology, the need for communication-enabling technologies is also growing. Huge investments and advancements in technology are expected to further aid the growth of the market.
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Market Segments:
Antenna Market is segmented by:
1. Type: Radio Antenna, Smart Antenna
2. Application: RADAR, Satellite Communications, Cellular Communications, Bluetooth, Wi-Fi, Radio Transmission, Others
3. Technology: SIMO, MIMO, MISO, Others
4. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa
Key Developments in the Market
• December 2017 - Cobham introduced two ultra-wideband gooseneck antennas, designed for use on ground robots, unmanned vehicles, manpacks, broadcast cameras, and vehicles.
• June 2017 - Cobham launched its next-gen anti-jam GPS system. The system provides significant immunity to jamming, as compared to a conventional GPS antenna, allowing the platform to operate over 100 times closer to the jammer while maintaining its GPS reception.
• May 2017 - Cobham announced the development of antenna solutions for systems designed to compromise the unlawful use of drones.
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