“Antennas are critical components in wireless communication, enabling signal transmission and reception across various applications. These include advanced types like patch, embedded, fractal, smart, and reflector antennas, each designed for specific performance and integration needs.“
BOSTON, June 19, 2025 /PRNewswire/ — According to the latest study from BCC Research, the Antenna: Including Patch, Embedded, Fractal, Smart and Reflectors is expected to grow from $23.6 billion in 2024 to $34.4 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.8% during the forecast period of 2024 to 2029.
This report presents a comprehensive examination of the global antenna market, with 2023 as the base year and forecasts from 2024 to 2029. It includes qualitative and quantitative analysis across antenna types and applications, along with regional insights for the Americas, Europe, Asia-Pacific, the Middle East and Africa. The study highlights emerging technologies, market trends, and macroeconomic factors, and profiles leading market players, their market shares, and important developments. All market values are expressed in USD $millions.
The factors driving the market include:
Rapid expansion of wireless communications: The rapid expansion of wireless communications is transforming how people and devices connect, enabling faster, more efficient data transfer. This growth is fueled by rising demand for mobile connectivity, IoT integration, and next-generation network technologies.
Miniaturization of antennas: The miniaturization of antennas enables compact, high-performance designs suitable for modern electronic devices. This trend supports the development of smaller, smarter, and more efficient wireless communication systems.
Advances in multiple-input multiple-output (MIMO) technology: Advances in MIMO technology are improving wireless communication by increasing data capacity, speed, and reliability. These innovations are essential for supporting high-performance networks like 5G and beyond.
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Report Synopsis
|
Report Metric |
Details |
|
Base year considered |
2023 |
|
Forecast period considered |
2024-2029 |
|
Base year market size |
$22.1 billion |
|
Market size forecast |
$34.4 billion |
|
Growth rate |
CAGR of 7.8% for the forecast period of 2024-2029 |
|
Segments covered |
Type, end use application, and region |
|
Regions covered |
Americas, Asia-Pacific, Europe, and Middle East and Africa |
|
Countries covered |
U.S., Canada, Mexico, South America, France, Germany, the U.K., Italy, Japan, India, South Korea and China |
|
Market drivers |
• Rapid expansion of wireless communications. • Miniaturization of antennas. • Advances in multiple-input multiple-output (MIMO) technology. |
Interesting facts:
- The rollout of 5G and ongoing development of 6G have accelerated the adoption of millimeter-wave (mmWave) technology, revolutionizing wireless communications with ultra-fast data rates. Advances in antenna technology are crucial to overcoming mmWave limitations and unlocking the full potential of next-gen networks.
- Smart antennas held a 30.2% market share in 2023, driven by rising demand for reliable internet and enhanced Wi-Fi performance. Their market’s projected CAGR of 9.8%, indicates rapid growth due to their ability to address challenges faced by traditional antennas.
- Asia-Pacific led the global antenna market with over 35%, supported by R&D investments, particularly in China. The region is expected to grow at a 9.0% CAGR, with India, Japan, and South Korea advancing wireless infrastructure.
The report addresses the following questions:
1. What is the market’s projected size and growth rate?
• The market is projected to reach $34.4 billion by 2029, growing at a CAGR of 7.8%.
2. What are the key factors driving the growth of the market?
• The key factors driving the market include rapid expansion in wireless communications, and advances in MIMO technology.
3. What segments are covered in the report?
• Three market segments are covered: By type, end use application and region.
4. Which type will be dominant through 2029?
• The smart antenna segment is expected to dominate through the forecast period.
5. Which region has the largest market share?
• Asia-Pacific holds the highest share of the global market.
Leading Companies Include:
• A.H. Systems, Inc.
• Airgain
• Amphenol Corp.
• Antenna Products Corp.
• ATCI
• Comba Telecom Systems Holdings Ltd.
• Commscope Holding Co., Inc.
• First RF Corp.
• Fractal Antenna Systems Inc.
• Huawei Technologies Co., Ltd.
• Huber+suhner
• Mobi Antenna Technologies (Shenzhen) Co., Ltd.
• Semtech Corp. (Formerly Sierra Wireless)
• TE Connectivity
• Telefonaktiebolaget LM Ericsson
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