Antenna Market Report 2024 (Global Edition)

Global Antenna Market Report 2024 Market Size Split by Application Outlook: (Cellular Systems, Radar, WiFi Systems, Others), by Technology Outlook: (SIMO, MINO, MISO, Others), by End-User Outlook: (Co...

Antenna Market Report Description

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Competitive Landscape of the Antenna Market

The competitive landscape of the antenna market features key players known for their advanced technologies and innovation. Companies compete on factors such as technological advancements, product performance, and cost-efficiency. Market dynamics are influenced by ongoing R&D, strategic partnerships, and mergers and acquisitions, driving competition and shaping the industry's direction. Emerging players and startups also contribute to the market’s evolution with innovative solutions.

August 2023: Amphenol RF launched its embedded antennas into the antennas portfolio. These surface-mounted chip antennas provide excellent electrical performance up to 8.5 GHz. The chip antenna supports cellular 4G/5G-FR1 frequencies along with WiFi and Bluetooth/BLE and LoRa, UWB, and GNSS. Embedded RF antennas are capable for IoT and smart devices because of their compact size and the durable construction. (Source:https://www.amphenolrf.com/news/enabling-smart-devices-with-embedded-chip-antennas)

Top Companies Market Share in Antenna Industry: (In no particular order of Rank)

• Amphenol Corporation
• Antcom
• Antenova Ltd.
• Molex (Koch Industries)
• Panorama Antennas
• PCTEL
• Pulse Electronics (YAGEO Group)
• Shenzhen Xinwei Communication Co.
• Ltd.
• STI-CO
• TE Connectivity
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Antenna Market

Which Region Dominates the Antenna Market in 2024?

According to Cognitive Market Research, North America dominated the market in the year 2024. It accounted for around 40% of global revenue due to its modern technological infrastructure, significant investments in 5G and communication networks, and strong presence of leading tech companies. High demand for cutting-edge communication solutions and substantial R&D activities further reinforce its market leadership in the region.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Antenna market due to rapid urbanization, increasing demand for high-speed internet, and significant investments in 5G infrastructure. The region’s burgeoning telecommunications sector and expanding consumer electronics market drive robust growth, supported by technological advancements and supportive government policies.

The current report Scope analyzes Antenna Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Antenna Market

According to Cognitive Market Research, the global Antenna market size was estimated at USD 17458.2 Million, from which North America held the major market share of more than 40% of global revenue with a market size of USD 6983.28 million in 2024 and will rise at a compound annual growth rate (CAGR) of 7.9% from the year 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Antenna market with a market size of USD 5509.81 million in 2024 and is foreseen to grow at the CAGR of 7.7% during the forecast years owing to the surging demand for high-speed, reliable wireless communication.
• The Canada Antenna market had a market share of USD 837.99 million in the year 2024 and is foreseen to grow at a CAGR of 8.7% during the forecast period due to the growth of smart city initiatives.
• The Mexico Antenna market is projected to witness growth at the CAGR of 8.4% during the forecast years, with the market size of USD 635.48 million in 2024.

Europe Antenna Market

According to Cognitive Market Research, the global Antenna market size was estimated at USD 17458.2 Million, from which Europe held the market share of more than 30% of global revenue with a market size of USD 5237.46 million in the year 2024 and will grow at the compound annual growth rate (CAGR) of 8.2% from the year 2024 to 2031.

• The United Kingdom Antenna market had a market share of USD 879.89 million in the year 2024 and is foreseen to grow at the CAGR of 9.0% during the forecast years. In the UK, Antenna sales witness an upswing due to the advancements in communication technology.
• The France Antenna market is foreseen to experience growth at the CAGR of 7.4% during the forecast years, with the market size of USD 481.85 million in 2024.
• According to Cognitive Market Research, the German Antenna market size was valued at USD 1037.02 million in 2024 and is foreseen to rise at the CAGR of 8.4% during the forecast years due to the reliable connectivity in both urban and industrial settings.
• The Italy Antenna market is foreseen to experience growth at the CAGR of 7.6% during the forecast years, with a market size of USD 450.42 million in 2024.
• The Russian antenna market is foreseen to experience growth at a CAGR of 7.2% during the forecast years, with a market size of USD 811.81 million in 2024.
• The Spain Antenna market is foreseen to experience growth at a CAGR of 7.3% during the forecast years, with a market size of USD 429.47 million in 2024
• The Luxembourg Antenna market is foreseen to experience growth at the CAGR of 8.3% during the forecast years, with a market size of USD 162.36 million in 2024.
• The Portugal Antenna market is foreseen to experience growth at a CAGR of 8.0% during the forecast years, with a market size of USD 109.99 million in 2024.
• The Greece Antenna market is foreseen to experience growth at a CAGR of 8.5% during the forecast years, with a market size of USD 62.85 million in 2024.
• Rest of Europe's Antenna market is foreseen to experience growth at a CAGR of 6.9% during the forecast years, with a market size of USD 811.81 million in 2024.

Asia Pacific Antenna Market

According to Cognitive Market Research, the global Antenna market size was estimated at USD 17458.2 Million, from which Asia Pacific held the market share of around 23% of global revenue with the market size of USD 4015.39 million in the year 2024 and will rise at the compound annual growth rate (CAGR) of 11.7% from 2024 to 2031.

• According to Cognitive Market Research, the China Antenna market size was valued at USD 1806.92 million in 2024 and is foreseen to rise at the CAGR of 11.2% during the forecast period. Antenna surged in China due to government initiatives to advance telecommunications technology.
• The Japan Antenna market is projected to witness growth at a CAGR of 10.2% during the forecast years, with the market size of USD 554.12 million in 2024.
• The India Antenna market had a market share of USD 481.85 million in 2024 and is foreseen to rise at the CAGR of 13.5% during the forecast years due to the rapid expansion of telecommunications infrastructure.
• The South Korean Antenna market is foreseen to experience growth at a CAGR of 10.8% during the forecast years, with a market size of USD 401.54 million in 2024.
• The Australian Antenna market is projected to witness growth at a CAGR of 11.4% during the forecast years, with a market size of USD 208.80 million in 2024.
• The South East Asia Antenna market is foreseen to experience growth at a CAGR of 12.7% during the forecast years, with a market size of USD 277.06 million in 2024.
• The Rest of Asia Pacific Antenna market is projected to witness growth at a CAGR of 11.5% during the forecast years, with a market size of USD 285.09 million in 2024.

South America Antenna Market

According to Cognitive Market Research, the global Antenna market size was estimated at USD 17458.2 Million, from which the Latin America market has more than 5% share of global revenue with the market size of USD 1769.0 million in the year 2024 and will grow at the compound annual growth rate (CAGR) of 9.1% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil Antenna market size was valued at USD 373.61 million in the year 2024 and is foreseen to rise at the CAGR of 9.7% during the forecast years. Antennas flourished in Brazil due to the expanding telecommunications infrastructure.
• Argentina's Antenna market had a market share of USD 146.65 million in the year 2024 and is foreseen to rise at a CAGR of 10.0% during the forecast years due to the growing demand for enhanced connectivity in both urban and rural areas.
• Colombia's Antenna market is foreseen to experience growth at a CAGR of 8.9% during the forecast years, with a market size of USD 77.69 million in 2024.
• Peru's Antenna market is foreseen to experience growth at the CAGR of 9.3% during the forecast years, with a market size of USD 71.58 million in 2024.
• Chile's Antenna market is projected to witness growth at a CAGR of 9.4% during the forecast years, with a market size of USD 62.85 million in 2024.
• The Rest of Latin America's Antenna market is foreseen to experience growth at a CAGR of 8.2% during the forecast years, with the market size of USD 140.54 million in 2024.

Middle East and Africa Antenna Market

According to Cognitive Market Research, the global Antenna market size was estimated at USD 17458.2 Million, from which the Middle East and Africa held the majority market share of around 2% of the global revenue with a market size of USD 349.16 million in 2024 and will rise at the compound annual growth rate (CAGR) of 9.4% from the year 2024 to 2031..

• The GCC Countries Antenna market is foreseen to experience growth at a CAGR of 10.2% during the forecast period, with a market size of USD 149.44 million in 2024. Antenna sales flourish due to the rapid expansion of 5G networks.
• The Egypt Antenna market is foreseen to experience growth at a CAGR of 9.7% during the forecast years, with the market size of USD 36.66 million in 2024.
• The South African antenna market is foreseen to experience growth at a CAGR of 10.4 % during the forecast years, with the market size of USD 55.17 million in 2024. Antenna sales flourish in South Africa due to the infrastructure development in both urban and rural areas.
• The Turkey Antenna market is foreseen to experience growth at a CAGR of 8.9% during the forecast years, with a market size of USD 30.03 million in 2024.
• The Nigeria Antenna market is foreseen to experience growth at a CAGR of 8.5% during the forecast years, with the market size of USD 36.66 million in 2024.
• The Rest of the MEA Antenna market is foreseen to experience growth at a CAGR of 8.4% during the forecast years, with the market size of USD 41.20 million in 2024.

Antenna Market Analysis

Segment Analysis of Antenna Market

Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Antenna market.

of Antenna analyzed in this report are as follows:

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Antenna Industry. Request a Free Sample PDF!

Antenna Market Application Segment Analysis

According to Cognitive Market Research, the dominant category is cellular systems due to their widespread adoption and continuous demand for improved connectivity. With the proliferation of mobile devices and the rollout of 4G and 5G networks, antennas are crucial for enhancing signal strength and network coverage.

The fastest-growing category in the Antenna market is radar due to its critical role in defense, aerospace, and automotive applications. Its expanding use in advanced driver-assistance systems (ADAS), autonomous vehicles, and enhanced surveillance systems drives demand. Technological advancements in radar antennas, such as improved accuracy and range, further accelerate their market growth.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Antenna Technology Outlook: Segment Analysis

How are Segments Performing in the Global Antenna Market?

Antenna Market Technology Segment Analysis

According to Cognitive Market Research, the MIMO category dominated over the projected period by enhancing signal strength, capacity, and data transfer rates. It achieves this through multiple antennas at both the transmitter and receiver end, improving network efficiency and reliability. MIMO's capability to handle high data rates and support advanced wireless standards like 5G drives its widespread adoption and market dominance.

SIMO is the fastest-growing category in the Antenna market due to its ability to enhance signal quality and data rates by utilizing multiple antennas for a single transmission path. This technology supports higher throughput and improved reliability, making it crucial for advanced communication systems like 5G. The increasing demand for the high-speed data and connectivity drives its rapid growth.

• SIMO
• MINO
• MISO
• Others

Antenna End-User Outlook: Segment Analysis

Antenna Market End-User Segment Analysis

According to Cognitive Market Research, the dominant category is telecommunication due to the demand for advanced antennas to support extensive network infrastructure, including cellular, satellite, and broadband services. The industry's need for high-speed, reliable connectivity fuels continuous innovation and deployment, making telecom the primary driver of growth and development in the antenna sector.

The fastest-growing category in the Antenna market is consumer electronics due to increased demand for smart devices, like smartphones, tablets, and wearables. These devices require advanced antennas for enhanced connectivity and performance. The proliferation of Internet of Things (IoT) products and growing consumer expectations for seamless communication further fuel this expansion, making consumer electronics a key growth sector.

• Consumer Electronics
• Healthcare
• Aerospace & Defense
• Telecommunication
• Others

Author's Detail

Kalyani Raje

Senior Research Analyst at Cognitive Market Research

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ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje

An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.

Author's Conclusion