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Key Trends Reshaping the Transmitting Antennas Market: Meeting The Growing Demand For Military Antennas With Advanced Surveillance And Security Features Industry Transformation
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Transmitting Antennas Market Size Growth Forecast: What to Expect by 2025?_x000D_
In recent times, the market size for transmitting antennas has seen a considerable surge. The projection is that the market will escalate from a value of $21.99 billion in 2024 to reach $24.88 billion in 2025, reflecting a compound annual growth rate (CAGR) of 13.1%. Various factors leading to this growth in the previous period include the use of transmitting antennas in television and radio broadcasting, telecommunications infrastructure, military and defense applications, satellite communications, and wi-fi and wireless networking._x000D_
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How Will the Transmitting Antennas Market Size Evolve and Grow by 2029?_x000D_
In the upcoming years, the market size for transmitting antennas is predicted to expand quickly, reaching $39.79 billion in 2029 with a compound annual growth rate (CAGR) of 12.5%. Factors contributing to this anticipated growth during the forecast period primarily consist of 5g deployment, IoT and smart devices, connected vehicles, and aerospace as well as satellite communication. Moreover, the forecast period is expected to see major trends that include beamforming technology, IoT connectivity, intelligent antennas, and 5g mmwave antennas._x000D_
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What Drivers Are Propelling the Growth of Transmitting Antennas Market Forward?_x000D_
The surge in investments towards self-driving vehicles has led to increased demand for antennas, catalyzing market expansion. Such autonomous vehicles are fitted with a variety of sensors, including cameras, light detection and ranging (LIDAR), laser-assisted sensors, GPS, and radar transceivers, which enable them to navigate complex settings. Case in point, in September 2024, Alphabet Inc., the American multinational conglomerate, declared a $5 billion investment in its autonomous driving subsidiary, Waymo. This investment signifies a remarkable stride for the company as it augments its operations in autonomous vehicles. Waymo is currently functioning actively in areas like San Francisco, Phoenix, and Los Angeles, recently divulging plans to commence full-scale self-driving ride trials on the highways of the San Francisco Bay Area._x000D_
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Which Emerging Trends Are Transforming the Transmitting Antennas Market in 2025?_x000D_
Businesses are responding to the increase in demand for military antennas by ramping up production. These antennas are integral to improved surveillance, precise tracking and addressing security matters in the deployment of military aircrafts, naval ships, armored vehicles, and beyond. For example, TACo., an enterprise based in Canada, produces a variety of military antennas that are specifically designed for ground-air-ground, air traffic management, as well as related vehicular and base communication applications. The need for advanced features in military antennas is becoming more pronounced, thereby driving growth in the market._x000D_
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What Are the Key Segments in the Transmitting Antennas Market?_x000D_
The transmitting antennas market covered in this report is segmented - _x000D_
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1) By Type: Smart Antenna, Mini-strip Antenna, Other Types_x000D_
2) By Frequency: HF, VHF, UHF_x000D_
3) By End-User Industry: Aerospace And Defense, Consumer Electronics, Healthcare, Telecommunication, Other End-Use Industries_x000D_
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Subsegments:_x000D_
1) By Smart Antenna: Adaptive Array Antennas, Multiple Input Multiple Output (MIMO) Antennas _x000D_
2) By Mini-strip Antenna: Microstrip Patch Antennas, Dual-band Mini-strip Antennas _x000D_
3) By Other Types: Parabolic Reflector Antennas, Dipole Antennas, Loop Antennas_x000D_
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Who Are the Key Players Shaping the Transmitting Antennas Market's Competitive Landscape?_x000D_
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_x000D_
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What Geographic Markets Are Powering Growth in the Transmitting Antennas Market?_x000D_
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_x000D_
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