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 fuelling 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.
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.
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.
In terms of end-use, the segments into which the global printed antennas market is divided are automotive, telecommunication, aerospace and defense, pharmaceuticals, and others. In 2016, aerospace and defense held the leading share of the global printed antennas market. Printed antennae in combination with radio frequency identification technology extends efficient data transfer capabilities. The increasing use of printed antennas in the pharmaceuticals sector as an add-on in blood flow monitoring devices is expected to bode well for this end-use segment over the report’s forecast period.
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.
Global Printed Antenna Market: Overview
This report covers the analysis and forecast of the printed antenna market on a global and regional level. The study provides historic data of 2016 along with forecast for the period between 2017 and 2025 based on revenue (US$ Bn).
The study provides a decisive view of the printed antenna market by segmenting it based on printing technology, end use industry, and regional demand. End use industry segments have been analyzed based on current trends and future potential. The market has been estimated from 2017 to 2025 in terms of revenue (US$ Bn). Regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. These have been further sub-segmented into countries with relevance to the market. The segmentation also includes demand for individual end use industries in all regions.
Global Printed Antenna Market: Scope of Study
The study covers the drivers and restraints governing the dynamics of the market along with their impact on demand during the forecast period. Additionally, the report includes potential opportunities in the printed antenna market on the global and regional level. In this report, we have also incorporated latest market trend of global printed antenna market which helps to analyze future prospective demand of this device.
The study encompasses market attractiveness analysis, wherein end use industries have been benchmarked based on their market size, growth rate, and general attractiveness for future growth. This study also includes market attractiveness on the basis of printing technology. Regional market attractiveness analysis on the basis of each segment helps to analyze the most prospective segment in each region.
The report provides the size of the printed antenna market in 2016 and the forecast for the next nine years up to 2025. The size of the global printed antenna market is provided in terms of revenue. Market revenue for regions is in US$ Bn. The market size and forecast for each product segment is provided in the context of global and regional markets. Numbers provided in this report are derived based on demand generated from different end use industries.
Market estimates for this study have been based on revenue being derived through regional pricing trends. The price for commonly utilized grades of printed antenna in each end use industry has been considered, and customized product pricing has not been included. Demand for printed antenna has been derived by analyzing the global and regional demand for printed antenna in each end use industry. The global printed antenna market has been analyzed based on expected demand. Market data for each segment is based on corresponding revenues. Forecasts have been based on the expected demand from printed antenna. We have used the top-down approach to estimate the global printed antenna market, split into regions. The product type split of the market has been derived using a top-down approach for each regional market separately, with the global product type segment split being an integration of regional estimates. Companies were considered for the market share analysis based on their product portfolio, revenue, and manufacturing capacity. In the absence of specific data related to the sales of printed antenna of several privately held companies, calculated assumptions have been made in view of the company’s product portfolio and regional presence along with the demand for products in its portfolio.
Global Printed Antenna Market: Competitive Outlook
The report covers a detailed competitive outlook that includes market share and company profiles of key players operating in the global market. Key market players include Neotech AMT GmbH (Germany), Shure Inc. (U.S.), nScrypt Inc. (U.S.), Optomec Inc. (U.S.), Optisys Inc. (U.S.), Cobham plc (U.K.), GSI Technologies (U.S.), Mars Antennas & RF System (U.S.), Thales S.A. (France), Texas Instrument Inc. (U.S.).
The global printed antenna market has been segmented into:
Global Printed Antenna Market: By Geography
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East and Africa (MEA)
- South Africa
- Rest of MEA
- Latin America (LATAM)
- Rest of LATAM
Global Printed Antenna Market: By Printing Technology
- Ink-jet Printing
- Screen Printing
- Flexography Printing
- Gravure Printing
Global Printed Antenna Market: By End Use Industry
- Aerospace & Defense