PUNE, India, June 6, 2023 /PRNewswire/ -- According to a recent market study published by Growth Market Reports, titled, "Microwave Antenna Market Segments - by Type (Micro Strip Patch Antenna, Horn Antenna, Parabolic Antenna, Plasma Antenna, and MIMO Antenna), Band Type (C Band, X Band, Ku Band, K Band, Ka Band, Q Band, W Band, and Others), Component (Wave Guider Duplexer, Hybrid, Wave Guider Filter, Wave Guide to Coaxial Adapter, and Others), Application (Telecommunication, Governments, Aerospace and Defense, Space, and Others), and Region: Size, Share, Trends and Opportunity Analysis, 2023-2031", the market size was USD 1.81 Billion in 2022 and is expected to surpass USD 3.18 Billion expanding at a CAGR of 5.8% by the end of 2031. The market is propelled by the rising product demand for microwave antennas from different industries.
Recent Development:
In January 2022, mWAVE Industries LLC designed and manufactured standard antenna products and launched a novel XL-Band, RHCP Widebeam Telemetry Horn Antenna operating between 6.0 and 8.0 GHz. Several other manufacturers focus on R&D activities to improve product usage in various applications.
Key Market Players Profiled in the Report
- CommScope
- Rosenberger
- Radio Frequency Systems
- Infinite Electronics International, Inc.
- Tessco
- Guangdong Shenglu Telecommunication Tech. co, Ltd
- Guangdong Tongyu Communication Co, Ltd.
- Guilin Andly Communication Technologies Co., Ltd.
- Custom Microwave Inc.
- mWAVE Industries LLC
- Southwest Antennas
- Chelton Limited
- Antesky Science Technology Inc.
- Wireless Excellence Limited
- Allis Communications Co., LTD
- SiChuan XiangYue Power Line Components Co., Ltd.
- Cobham France SAS
- Gospell Digital Technology Co., Ltd.
- Nanhai Microwave Communications Equipment Co., Ltd.
- RF Engineering & Energy Resource
- Antel Antenna Co., Ltd.
- Kavveri Telecoms
- Arkivator Telecom
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The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics. It provides an in-depth analysis of the market segments, which include type, band type, component, application, and competitor analysis.
This report also includes a complete analysis of industry players and covers their latest developments, product portfolio, pricing, mergers, acquisitions, and collaborations. Moreover, it provides crucial strategies that are helping market players to expand their market share.
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Highlights on the Segments of the Microwave Antenna Market
On the basis of region, the global microwave antenna market is classified as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific is projected to dominate the global market due to the growing penetration of high-speed internet connectivity. Expansion of the telecommunication industry is expected to boost the market in the region.
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Key Takeaways from the Study:
- Microwave antenna is a device that broadcasts microwave transmissions between two or more locations. It is used for receiving microwave signals from space and radiating microwave signals into space.
- Demand for microwave antennas is rising from governments, defense, telecommunications, and space industries. It plays an important role telecommunication industry due to its capability to transmit and receive data.
- Rising demand for mobile devices and the Internet of Things (IoT) has upsurged the demand for wireless communication. This, in turn likely to grow the market during the forecast period.
- The demand for 6G and 7G networks is increasing and is projected to create lucrative opportunities for the market players. Moreover, expanding telecommunication infrastructure is expected to fuel the market.
- The parabolic antenna segment is expected to hold a substantial market share during the forecast period, owing to its benefits, including high directivity.
- The C band segment is expected to dominate the market in the coming years due to its economical bandwidth.
- The hybrid segment is expected to expand at a significant growth rate due to its ability to operate systems at high frequencies.
Read 291 Pages Research Report with Detailed TOC on "Microwave Antenna Market Segments - by Type (Micro Strip Patch Antenna, Horn Antenna, Parabolic Antenna, Plasma Antenna, and MIMO Antenna), Band Type (C Band, X Band, Ku Band, K Band, Ka Band, Q Band, W Band, and Others), Component (Wave Guider Duplexer, Hybrid, Wave Guider Filter, Wave Guide to Coaxial Adapter, and Others), Application (Telecommunication, Governments, Aerospace and Defense, Space, and Others), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast, 2023 - 2031"
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Key Segments Covered
Type
- Micro Strip Patch Antenna
- Horn Antenna
- Parabolic Antenna
- Plasma Antenna
- MIMO Antenna
Band Type
- C Band
- X Band
- Ku Band
- K Band
- Ka Band
- Q Band
- W Band
- Others
Component
- Wave Guider Duplexer
- Hybrid
- Wave Guider Filter
- Wave Guide to Coaxial Adapter
- Others
Application
- Telecommunication
- Governments
- Aerospace and Defense
- Space
- Others
Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Other Related Reports:
- Microwave Devices Market Segments - by Applications (Medical, Military & Defense, Communication, and Others), Band Frequency (C-Band, S-Band, Ku-Band, X-Band, and Ka-Band), Communication Types (Wireless, Cabled, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 - 2028
- Global Microwave Radio Market by Type (Hybrid Microwave Radio, Packet Microwave Radio, TDM Microwave Radio), By Application (Communication, Power Utilities, Others), And By Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa), Forecast From 2022 To 2030
- Global Microwave Ovens Market by Type (Convection Microwave Ovens, Grill Microwave Ovens, Solo Microwave Ovens), By Application (Commercial, Household), and Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa), Forecast To 2028
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