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Printed Antenna Market - Evolving Industry Trends and key Insights by 2025
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Apart from this, considerable research and development for improvement in printing quality and efficiency is further triggering the growth of this market.
Printed antennas have substantial applications in telecommunications industry. These antennas form an integral component of several mobile communication devices thereby enhancing the data transmission capabilities of these devices. For example, the flourishing telecommunication industry in emerging economies such as India and China presents ample growth opportunities to the printed antennas market.
As per a report by Transparency Market Research, the global printed antennas market is poised to be worth US$12.87 bn by 2025 increasing from US$6.66 bn in 2016 at a CAGR of 7.7% between 2017 and 2025.
Application of Screen Printing across Industry Verticals Ramps up Demand
The global printed antennas market is divided into five segments of ink-jet printing, screen printing, flexography printing, gravure printing, and others based on printing technology. The segment of screen printing leads the market in terms of value. Being one of the traditional forms of printing technology, screen printing is suitable for printing on large number of substrates such as plastic, paper, cellophane, and others. In addition, its application across several verticals and high accuracy outcomes adds to the advantage of screen printing.
However, ink-jet printing technology is expected to rise at a considerable CAGR over the forecast period. Ink-jet printing supports digital printing and thus has rising applications across industries. Flexography printing is the newest form of printing technology and finds widespread application in military packaging and labelling. With the growth of the pharmaceuticals and defense sectors, flexography printing technology is anticipated to secure considerable market share over the forecast period.
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In terms of end-use, the segments into which the global printed antennas market is divided are automotive, telecommunication, aerospace and defense, pharmaceuticals, and others. In 2016, aerospace and defense held the leading share of the global printed antennas market. Printed antennae in combination with radio frequency identification technology extends efficient data transfer capabilities. The increasing use of printed antennas in the pharmaceuticals sector as an add-on in blood flow monitoring devices is expected to bode well for this end-use segment over the report’s forecast period.
Ceaseless Penetration of Mobile Devices Catapults Asia Pacific Market
The key geographical segments into which the global printed antenna market is divided are North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. North America holds the leading share in the overall market on the back of increasing use of printed technology in defense sector that uses printed antennas for design of aircrafts. This, along with the growing investment in telecommunication and healthcare sectors is boosting the growth prospect of printed antenna market in North America.
On the other hand, Asia Pacific holds immense potential to contribute to the growth of printed antenna market on account of rising penetration of mobile devices in the region.
Some of the leading players in the global printed antenna market profiled in this report are Neotech AMT GmbH, Shure Inc., nScrypt Inc., Optomec Inc., Optisys Inc., Cobham plc, GSI Technologies, Mars Antenna & RF System, Thales S.A, and Texas Instrument Inc.
About TMR
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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