The increasing number of connected devices and high-speed internet connectivity is increasing the adoption of the 5G network. The wireless communications industry's innovations, such as long-term evolution (LTE), enhanced mobility, and rise in mobile data traffic, are increasing the penetration of 5G technology. The industry's focus is shifting to the development of 5G technology. The 5G development is expected to be the next development phase in the highly dynamic broadband business. The 5G network provides fast data transfer rates, a high device connection density, and real-time services with low latency. Many mobile network operators publicly announced deployments of 5G networks, starting in urban centers. Also, telecommunications companies use 5G antennas to handle the high speed, capacity, and bandwidth of 5G networks. Therefore, the development of 5G is likely to present attractive prospects for the embedded antenna systems market players during the forecast period. 5G mmWave is a revolutionary cellular technology that provides access to large bandwidth and capacity in frequency bands above 24 GHz. The growing deployment of broadband and mobile speeds network, increasing usage in small-cell backhaul networks, and adoption of millimeter-wave technology in security and radar applications drive the 5G mm Wave-based embedded antenna, which eventually drives the market growth. Further, the increasing adoption of 5G-based consumer electronics is driving the deployment of the embedded antenna in the devices, which is driving the APAC market growth.
With the new features and technologies, vendors attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC embedded antenna system market. The APAC embedded antenna system market is expected to grow at a good CAGR during the forecast period.
Strategic insights for the Asia-Pacific Embedded Antenna System provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 1,063.82 Million |
Market Size by 2028 | US$ 2,338.55 Million |
Global CAGR (2021 - 2028) | 11.9% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Antenna Type
|
Regions and Countries Covered | Asia-Pacific
|
Market leaders and key company profiles |
The geographic scope of the Asia-Pacific Embedded Antenna System refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
APAC Embedded Antenna System Market Segmentation
The APAC embedded antenna system market is segmented into antenna type, connectivity, end use, and country. Based on antenna type, the APAC embedded antenna system market is segmented into PCB trace antenna, chip antenna, patch antenna, flexible printed circuit antenna, and others. The PCB trace antenna segment dominated the APAC embedded antenna system market in 2020; however, the flexible printed circuit antenna segment is expected to be the fastest growing segment during the forecast period. Based on connectivity, the APAC embedded antenna system market is segmented into GNSS/GPS, WiFi-Bluetooth, cellular, mmWave (5G), LPWAn, RFID, and UWB. The GNSS/GPS segment dominated the APAC embedded antenna system market in 2020; however, mmWave (5G) segment is expected to be the fastest growing segment during the forecast period. Based on end use, the APAC embedded antenna system market is segmented into consumer electronics, communication, healthcare, aerospace & defense, industrial, automotive & transportation, and others. The consumer electronics segment dominated the APAC embedded antenna system market in 2020; however, the industrial segment is expected to be the fastest growing segment during the forecast period. Further, based on communication, APAC embedded antenna system market is segmented into datacom and telecom. Based on country, the APAC embedded antenna system market is segmented into China, India, Japan, South Korea, Australia, and the rest of APAC.
Airgain, Inc.; Antenova Ltd.; KYOCERA-AVX; Linx Technologies; Mitsubishi Electric Corporation; Molex, LLC (Koch Industries, Inc.); Taoglas; TE Connectivity Corporation; Walsin Technology Corporation; and Yageo Group are among the leading companies in the APAC embedded antenna system market.
The Asia-Pacific Embedded Antenna System Market is valued at US$ 1,063.82 Million in 2021, it is projected to reach US$ 2,338.55 Million by 2028.
As per our report Asia-Pacific Embedded Antenna System Market, the market size is valued at US$ 1,063.82 Million in 2021, projecting it to reach US$ 2,338.55 Million by 2028. This translates to a CAGR of approximately 11.9% during the forecast period.
The Asia-Pacific Embedded Antenna System Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia-Pacific Embedded Antenna System Market report:
The Asia-Pacific Embedded Antenna System Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia-Pacific Embedded Antenna System Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia-Pacific Embedded Antenna System Market value chain can benefit from the information contained in a comprehensive market report.