Friday, 31 May 2024

Base Station Antenna Market to Reach $25.58 Billion by 2030: Grand View Research Inc.

 Base Station Antenna Market Growth & Trends

The global base station antenna market size is expected to reach USD 25.58 billion by 2030, registering a CAGR of 17.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market growth can be attributed to the faster development of mobile networks, which is being driven by rising demand for high-speed data transmission and the advent of new technologies such as 5G. As mobile operators attempt to improve network coverage and capacity, there is a rising demand for efficient and dependable base station antennas that can handle higher data rates and accommodate a greater number of connected devices.

The market is witnessing a shift towards advanced antenna technologies, including massive MIMO (Multiple Input Multiple Output), beamforming, and smart antennas. Massive MIMO adjusts antenna beam forms via 3D beamforming, concentrating radio power on target terminals within the target antenna coverage. This boosts spectral efficiency and sector-level throughput efficiently. Because of its high performance, massive MIMO is a key 5G technology. Massive MIMO is predicted to give network capacity 100 times more than existing LTE-A and LTE-A Pro solutions when mobile networks move to 5G.

Base station antennas are also designed to support advanced frequency bands, such as the millimeter wave (mmWave) bands used in 5G networks. These antennas enable high-speed data transmission and the exploitation of larger bandwidths available in these frequency ranges. Advanced frequency bands, including mmWave bands, offer significantly wider bandwidths than traditional frequency bands. This allows for higher data transmission rates, enabling applications that require ultra-fast data transfer, such as high-definition video streaming, Virtual Reality (VR), Augmented Reality (AR), and immersive gaming experiences.

The outbreak of the COVID-19 pandemic impacted the base station antenna market due to the disruptions of the supply chain functions. Despite the challenges, the pandemic highlighted the critical importance of reliable and high-speed connectivity. With remote work, online education, telemedicine, and increased digital activities, the demand for robust network infrastructure and base station antennas surged. The need to accommodate higher data traffic and ensure seamless connectivity prompted network operators to accelerate their investments in base station antennas.

Request a free sample copy or view report summary: Base Station Antenna Market Report

Base Station Antenna Market Report Highlights

  • The hardware segment dominated the market in 2022 owing to the advancements of sophisticated antenna designs and technologies to meet the ever-increasing needs of 5G networks which is a crucial element in driving the segment’s growth.
  • The 5G segment is projected to witness significant growth over the forecast period. The development of mmWave (millimeter-wave) base station antennas to support the higher frequencies used in 5G networks is adding to the segment's growth.
  • The urban segment dominated the market in 2022. There is a rising need for base station antennas in urban areas that can accommodate several wireless communication frequencies and technologies.
  • The mobile communication segment dominated the market in 2022 owing to the ability of Base station antennas to contribute to better signal strength and quality in mobile communication.
  • The North America segment is projected to witness significant growth over the forecast period. Network operators are investing heavily in 5G infrastructureto provide faster data speeds, lower latency, and support for emerging technologies like Internet of Things (IoT) and smart cities.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-base-station-antenna-market

Base Station Antenna Market Segmentation

Grand View Research has segmented the global base station antenna market based on offering, technology, provision, application, and region:

Base Station Antenna Offering Outlook (Volume, Units, Revenue, USD Billion, 2017 - 2030)

  • Hardware
    • Omni-Directional Antenna
    • Sector Antenna
    • Multibeam Antenna
    • Dipole Antenna
    • Small Cell
    • Others
  • Services

Base Station Antenna Technology Outlook (Volume, Units, Revenue, USD Billion, 2017 - 2030)

  • 3G
  • 4G/LTE
  • 5G

Base Station Antenna Provision Outlook (Volume, Units, Revenue, USD Billion, 2017 - 2030)

  • Urban
  • Semi-Urban
  • Rural

Base Station Antenna Application Outlook (Volume, Units, Revenue, USD Billion, 2017 - 2030)

  • Mobile Communication
  • Intelligent Transport
  • Industrial IoT
  • Smart City
  • Military & Defense
  • Others

Base Station Antenna Regional Outlook (Volume, Units, Revenue, USD Billion, 2017 - 2030)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • Kingdom of Saudi Arabia (KSA)
    • UAE
    • South Africa

List of Key Players in the Base Station Antenna Market

  • CommScope Holding Company, Inc.
  • Huawei Technologies Co., Ltd.
  • Amphenol Antenna Solutions
  • ACE Technologies Corp.
  • Comba Telecom Systems Holdings Ltd.
  • PCTEL Inc
  • Tongyu Communication Inc
  • Radio Frequency Systems (RFS)
  • Telefonaktiebolaget LM Ericsson
  • Kaelus

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

No comments:

Post a Comment

Fetal Monitoring Equipment Market is Thriving $6.16 Billion Revenue by 2030: Grand View Research Inc.

  Fetal Monitoring Equipment Market Growth & Trends The global  fetal monitoring equipment market  size is anticipated to reach USD 6.16...