Microwave Antenna Market to Surpass USD 3.18 Billion By 2031 | Growth Market Reports

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Jun 06, 2023, 05:30 ET

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

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