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Transmitting Antennas Market Report 2024: Strategies And Recent Developments |Accel Networks, Honeywell International, Intel Corporation, Alcatel-Lucent International Holdings, Ruckus Wireles, Airgo Networks (Acquired by Qualcomm), Broadcom Corp, Linx Tec
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033The Business Research Company offers in-depth market insights through Transmitting Antennas Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
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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Market Segmentation:
The main types of transmitting antennas are smart antennas, mini-strip antennas, and others. A smart antenna is a type of digital antenna that has signal tracking or handling capabilities. These antenna configurations are frequently used in signal processing, radar, and telecommunications. The various frequencies of transmitting antennas include HF, VHF, and UHF, which are used by aerospace and defense, consumer electronics, healthcare, telecommunications, and other end-use industry.
Major Driver - Autonomous Vehicle Investments Boosting Demand For Transmitting Antennas
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.
Competitive Landscape:
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
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Top Trend - Meeting The Growing Demand For Military Antennas With Advanced Surveillance And Security Features
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 Table Of Content For The Market Report Include:
1. Executive Summary
2. Transmitting Antennas Market Characteristics
3. Transmitting Antennas Market Trends And Strategies
4. Transmitting Antennas Market - Macro Economic Scenario
5. Transmitting Antennas Market Size And Growth
…..
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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