Antenna Market Trends

Statistics for the 2023 & 2024 Antenna market trends, created by Mordor Intelligence™ Industry Reports. Antenna trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Antenna Industry

The Phone Segment is Expected to be the Largest in the Market

  • According to the GSM Association, global mobile internet subscribers reached 4.4 billion in 2022. Growing investments in phone network infrastructure globally 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 is expected to lead to an increase in the number of mobile subscribers.
  • According to the GSM Association, more than two in five people worldwide will live within the 5G network reach by 2025. The introduction of 5G 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 challenges in multi-radio environments.
  • The developments and adoption of 5G subscriptions will create an opportunity for market players in the region to develop new products to enhance the smooth functioning of services. According to Ericsson, 5G subscriptions are expected to increase drastically worldwide from 2021 to 2028, reaching over 4.62 billion subscriptions from 509.62 million. 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 manufacturers to produce 5G phones more efficiently and reinforce customers' competitive advantages. 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.
Antenna Market -Forecasted 5G Mobile Subscriptions, In Million, Worldwide, 2021 - 2028

Asia-Pacific is Expected to Register Growth

  • Information sharing, in-car entertainment, and the Internet of Things (IoT) are growing in Asia-Pacific. Antennas have become very 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 multi-band and complementary antennas and employing laser direct structuring (LDS), flex, stamped, and ceramic technologies.
  • Miniaturization has become popular in advanced applications such as wireless and consumer electronics as it enables 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 have enabled advances in product design and solutions for 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’s 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.
Antenna Market - Market CAGR (%), By Region, Global

Smart Antenna Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)