Market Trends of Antenna Industry
Phone to be the Largest Product Segment in the Studied Market
- According to the GSM Association, global mobile internet subscribers reached 4.4 billion in 2022. Growing investments in phone network infrastructure across the globe have narrowed down the mobile broadband network gap significantly over the last decade.
- The antenna performance of a phone is vital to ensure adequate communication coverage in low-signal areas. With the maturity of 5G technology, large-scale deployments and commercialization of 5G have become possible in modest-income markets. This could further bolster the mobile subscriber growth.
- The GSM Association states that more than two in five people across the world will live within the 5G network reach by 2025. The introduction of 5G has expanded the use of active antenna systems. With the advent of phones, engineers are developing antenna solutions by integrating multiple antennas into small form-factor devices to address the challenges in multi-radio environments.
- The developments and adoption of 5G subscriptions would create an opportunity for the market players in the region to develop new products to enhance the smooth functioning of services. According to Ericsson, 5G subscriptions are forecast to increase drastically worldwide from 2021 to 2028, from over 509.62 million to over 4.62 billion subscriptions. Southeast Asia, Northeast Asia, Nepal, India, and Bhutan are expected to have the most subscriptions by region.
- The advantages of technologically advanced simulation software over traditional measurement tools enable mobile phone manufacturers to produce 5G phones more efficiently and reinforce customers' competitive advantages. Further, the advent of 5G technologies is encouraging phone manufacturers and mobile network operators to adopt 5G antenna technology to meet the real-time demands of consumers.
Understand The Key Trends Shaping This Market
Download Sample
Asia Pacific is Expected to Register Major Growth
- Asia-Pacific is witnessing a growing market for advancing information sharing, in-car entertainment, and Internet of Things (IoT) expansion. Antennas have become incredibly important for seamless wireless connectivity for high-speed communication systems. As a result, Asia-Pacific's largest and most trusted antenna innovators strive to empower customers with an extensive range of antenna solutions for applications, including industrial, cellular, 5G, automotive, global navigation satellite system/global positioning system (GNSS/GPS), healthcare, etc.
- A rise in the adoption of cabled external antennas has been observed that offer best-in-class radio frequency (RF) performance in ruggedized thermoplastic enclosures. External antennas are resistant to moisture, extreme thermal conditions, and vibration for convenient mounting in various locations, driving the market demand in the Asia-Pacific region.
- Antenna manufacturers across the Asia-Pacific region utilize their industry-leading expertise and capabilities to design and manufacture custom solutions emphasizing small multiband and complementary antennas and employing laser direct structuring (LDS), flex, stamped, and ceramic technologies.
- Miniaturization strengthens its hold in advanced applications such as wireless and consumer electronics while enabling small, lighter antenna infrastructures. Designers must contend with greater feature density to meet user expectations. Miniaturizations enable packing greater functionality into smaller spaces. Collaboration and partnerships enabled advances in product design and solutions to potential issues before production through emerging technologies. Cloud collaboration also brings manufacturing experts to avoid costly rework cycles. With the help of state-of-the-art simulation tools, manufacturers can make accurate performance and reliability predictions.
- Luxshare Technology Co. Ltd., a Chinese electronic components manufacturer, provides data-communication facilities and enterprise-level 5G-related products in China. The company's core product portfolio includes antennas, connectors, cables, optical modules, and interconnection products.
- In February 2023, the company partnered with POET Technologies Inc. to develop a power-efficient and cost-effective portfolio of 400G and 800G transceiver solutions for data centers. The company focuses on offering seamless electronic component integration into a single multi-chip module through intelligent manufacturing techniques.
- Murata, a Japanese manufacturing company, offers a low-frequency radio frequency identification (LF RFID) antenna for magnetic field-based communication. The company products are designed for automotive and intelligent home key applications. An LF RFID antenna complies with vehicle-mounting standards and is used in vehicle smart keys. Rising demand for high-end antenna coils for intelligent keys for automobiles is likely to boost product demand in the region. The advancement of IoT in automotive, smart cities, and construction machinery also propels the market demand for antennas in the region.
Get Analysis on Important Geographic Markets
Download Sample
