Transmitting Antennas Market on the Rise: Key Trends, Technological Advancements, and Competitive Insights Highlight Robust Growth and Demand Projections

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Transmitting Antennas Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $39.97 billion In 2028 At A CAGR Of 12.2% :

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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Transmitting Antennas Market Major Segments
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

Key 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.

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Prominent 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.

Transmitting Antennas Market Players
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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Largest And Fastest Growing Region In The Market
North America was the largest region in the transmitting antennas market in 2023. Asia-Pacific 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

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Transmitting Antennas Market Report Structure
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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