Printed Antenna Market Provides Comprehensive Understanding Of The Market 2017 - 2025
Global
Printed Antenna Market: Snapshot
The
global printed
antenna market is displaying steadfast growth on account of high-value
applications of printed antennas. The rising adoption of printed antennas in
the aerospace and defense industry is catapulting growth of this market by
leaps and bounds. This is because printed antennae in combination with radio
frequency identification technology facilitates efficient data transfer needed
in aircrafts, spacecraft, missiles for navigation and information sharing. Not
only this, the cost effectiveness of printed antennae due to its easy
fabrication using advanced printed circuit technology is fueling their demand
across several end-use industries.
Apart
from this, considerable research and development for improvement in printing
quality and efficiency is further triggering the growth of this market.
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Printed
antennas have substantial applications in telecommunications industry. These
antennas form an integral component of several mobile communication devices
thereby enhancing the data transmission capabilities of these devices. For
example, the flourishing telecommunication industry in emerging economies such
as India and China presents ample growth opportunities to the printed antennas
market.
As
per a report by Transparency Market Research, the global printed antennas
market is poised to be worth US$12.87 bn by 2025 increasing from US$6.66 bn in
2016 at a CAGR of 7.7% between 2017 and 2025.
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Application of Screen Printing across Industry Verticals Ramps up
Demand
The
global printed antennas market is divided into five segments of ink-jet
printing, screen printing, flexography printing, gravure printing, and others
based on printing technology. The segment of screen printing leads the market
in terms of value. Being one of the traditional forms of printing technology,
screen printing is suitable for printing on large number of substrates such as
plastic, paper, cellophane, and others. In addition, its application across
several verticals and high accuracy outcomes adds to the advantage of screen
printing.
However,
ink-jet printing technology is expected to rise at a considerable CAGR over the
forecast period. Ink-jet printing supports digital printing and thus has rising
applications across industries. Flexography printing is the newest form of
printing technology and finds widespread application in military packaging and
labelling. With the growth of the pharmaceuticals and defense sectors,
flexography printing technology is anticipated to secure considerable market
share over the forecast period.
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Ceaseless Penetration of Mobile Devices Catapults Asia Pacific
Market
The
key geographical segments into which the global printed antenna market is
divided are North America, Europe, Asia Pacific, the Middle East and Africa,
and Latin America. North America holds the leading share in the overall market
on the back of increasing use of printed technology in defense sector that uses
printed antennas for design of aircrafts. This, along with the growing
investment in telecommunication and healthcare sectors is boosting the growth
prospect of printed antenna market in North America.
On
the other hand, Asia Pacific holds immense potential to contribute to the
growth of printed antenna market on account of rising penetration of mobile
devices in the region.
Some
of the leading players in the global printed antenna market profiled in this
report are Neotech AMT GmbH, Shure Inc., nScrypt Inc., Optomec Inc., Optisys
Inc., Cobham plc, GSI Technologies, Mars Antenna & RF System, Thales S.A,
and Texas Instrument Inc.
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Rising Adoption in the Defense Sector to Sow the Seeds of Growth
across the Printed Antenna Market
The
printed antenna market is expected to gain considerable growth across the
assessment period of 2017-2025. The rising adoption of these antennas in varied
applications such as IT, telecom, aerospace, defense, and others will bring
tremendous growth opportunities during the forecast period. The advantages
associated with these devices such as affordability, high-data transmission,
and others will add extra stars of growth to the printed antenna market.
- The growing adoption of 5G
technology across a large number of countries may serve as a prominent
growth opportunity for the printed antenna market. The telecommunication
industry is witnessing considerable developments in terms of technology.
This aspect will further boost the growth of the printed antenna market.
- The rising popularity of
connected devices and technologies such as IoT will bode well for the
growth. The escalating demand for high-network connectivity among a large
number of applications will prove to be a growth multiplier. The
increasing investments in the telecommunication sector by various firms
and conglomerates will bring shining growth opportunities.
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