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Printed Antenna Market Size
Printed Antenna Market size is anticipated to expand at a notable CAGR between 2024 and 2032, due to the growing application potential in the telecommunication sector. Printed antenna is an integral part of modern mobile communication devices that help boost the data transmission capability. The proliferation of smartphones and handheld devices, expansion of the telecom sector, and the worldwide rising 5G deployment efforts will also augment the market growth.
A report from Invest India reveals that India accounted for a subscriber base of 1.182 billion in October 2023. The thriving telecom sector in the region and growing internet connectivity will accelerate the penetration of micro strip antennas. India is also projected to have 850 million smartphone users by 2026.
The demand for printed antennas or microstrip antennas is expected to further increase owing to benefits, such as lower production costs, easy integration with microwave integrated circuits, and compact size. Additionally, these antennas find wide usage in automotive, aerospace & defense, healthcare, and pharmaceutical sectors, apart from telecom applications. Taking note of this, leading printed antenna manufacturers are continuously innovating to improve design, performance, and efficiency. The growing focus of companies on ramping up production of 5G-ready equipment to keep pace with the global 5G rollout will outline the industry growth.
Printed Antenna Market Trends
The significant shift towards flexible and lightweight materials is enabling antenna integration into various devices like wearables and IoT sensors. The emergence of 5G technology is driving the demand for high-performance printed antennas capable of supporting higher frequencies and data rates. The growing emphasis on additive manufacturing techniques like 3D printing for antenna fabrication is offering rapid prototyping and customization. The increasing adoption of smart infrastructure and autonomous vehicles is also spurring the demand for printed antennas with enhanced reliability and durability for diverse applications.
Printed Antenna Market Analysis
In terms of application, the printed antenna industry value from the automotive segment is anticipated to rise at commendable CAGR through 2032, on account of the rising integration of advanced driver-assistance systems (ADAS) and vehicle-to-everything (V2X) communication technology. Printed antennas offer compact and efficient designs that are crucial for seamless integration into modern vehicles. The demand for connected cars and autonomous vehicles is further fueling the need for reliable and high-performance antennas to facilitate communication, navigation, and sensor fusion for enhancing overall safety and driving experience.
Europe printed antenna market is projected to grow at significant rate between 2024 and 2032, owing to the increasing investments in smart infrastructure projects, such as smart cities and Industry 4.0 initiatives in applications like IoT sensors and wireless communication systems. Rapid adoption of 5G technology across the region is necessitating the deployment of advanced printed antennas capable of supporting higher frequencies and data rates.
The growing emphasis of the automotive sector on connected vehicles and ADAS systems is boosting the demand for printed antennas. According to the European Automobiles Manufacturers Association, the EU car market recorded 867,052 units in sales in December 2023. This surging rate of automobiles sales will proliferate the adoption of micro strip antennas. Moreover, stringent regulations are promoting energy efficiency and will encourage the adoption of printed antennas in smart metering and IoT devices across Europe.
Printed Antenna Market Share
Key players in the printed antenna industry are implementing strategies like mergers, acquisitions, partnerships, and R&D investments to diversify their product offerings and solidify their market dominance.
Some of the major printed antenna companies are:
- Gamma NU Inc.
- Texas Instruments Incorporated
- TIL-TEK Antenna Inc.
- Mars Antennas and RF Systems Ltd.
- Cobham Plc
- Optisys Inc.
- GSI Technologies
- Galtronics Corporation
- Optomec Inc
Printed Antenna Industry News:
- In February 2023, Lockheed Martin, an American aerospace corporation, announced the successful qualification of its inaugural intricate 3D-printed antenna for space missions to facilitate communication exchanges between space vehicles and Earth.