"Increased Smartphones Industry to Give Boost to the Smartphones Antenna Market"
The smartphones antenna market worldwide is expected to grow with a CAGR of 7.6% during the forecast period from 2021 to 2029. Growing mobile phone subscribers is one of the major growth factors for smartphones antenna market. Increased features and massive technological advancements in smartphones are the other growth factors for the market. The antenna in mobile phones expressively progresses the performance of smartphones and offers numerous features such as NFC, in-built GPS and others. Growing demand for telecommunication equipment may also fuel demand for smartphones antenna market. As a result of all these factors, we are expecting the market to grow with a rapid pace during the forecast period.
"FPC Antenna to Continue Leading the Market"
The smartphones antenna market by product type is segmented as stamping, FPC and LDC antenna. The FPC antenna segment will be the largest segment owing to its low profile and high performance in the smartphones. FPC antenna has various benefits such as easy installation, RoHS compliance, high efficiency, and others, which sets them apart from other types of antenna. Easy integration and strong band coverage are some of the other benefits of FPC antenna. Consequently, we are expecting the FPC antenna segment continues to grow rapidly throughout the forecast period.
"Asia Pacific to Continue Leading the Market"
Smartphones antenna devices market is led by Asia Pacific region. In 2020, the regional market accounted for more than 40% of the total revenue generated worldwide. Asia Pacific leads the market owing to highest consumption and production of smartphones. Rising young population and huge investments in technology are the other major growth factors for the Asia Pacific region. Growth of telecommunication sector in emerging economies of India and China is also giving a boost to the market. As a result of these factors, we are expecting Asia Pacific region to continue leading the smartphones antenna market.
Some of the prominent players operating in the smartphones antenna market Speed Wireless Polytron Technologies, Sunway Communication, Jesoncom Communication Equipment Co., Ltd., Laird plc, Pulse Electronics, Inc., Auden Techno Corporation, Deman Electronics Technology Co. Ltd., Amphenol Corporation, Galtronics Corporation Ltd., Molex, Skycross Inc. among others.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Smartphones Antenna market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report