The report of global Smart Antenna market by Type (Switched Multibeam Antenna, Adaptive Array Antenna), Technology ( MISO (Multiple Input Single Output), MIMO (Multiple Input Multiple Output),SIMO (Single Input Multiple Output), Application (Wi-FI Systems, Cellular System, WiMax System, RADAR), and region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) is expected to reach US$ 10.315Bn by 2026, At a CAGR of 8.6% during a forecast period.
Smart antenna helps in improving the quality of wireless communication by managing signals received and by reducing delusion. Growing demand for wireless communication and soaring need for high-speed communication network are the key trends to boost the market growth. Heightened need for faster data transmission has also played an important role in increasing the demand for smart antennas in last few years. Benefits provided by smart antennas include multiple access interference, power control, range extension reduction, in the fading of signals, and multipath management. Smart antennas increase the overall performance of wireless communication.
Cellular system shows most lucrative application during the forecasting period.
Cellular system application is projected to continue to be the leading segment during the forecasting period due to increasing demand for smart antennas in wireless communication. This segment is projected to expand at a significant CAGR around 8.7% over the forecast period. Now a days PDAs (personal digital assistants) and laptops are replaceable to Smartphones due to the offering features such as SMS and voice messages coupled with multimedia functionality, inbuilt GPS capabilities, internet applications and high data processing capabilities.
North America has the largest market share for global Smart Antenna market during the forecast period.
In 2017, North America accounted for highest revenue share due to concentration of leading manufacturers and increasing demand for smart antennas. In North America, market key players are continuously taking efforts to introduce smart antennas with various advanced technologies. Furthermore, growing adoption of ultra-wideband technologies and radio frequency identification is helping the North America market to generate significant revenue. In a number of European countries, advancements in the domain of wireless connectivity and huge investment are boosting the smart antenna market growth.
Key players operating in global Smart Antenna market, Cobham Antenna Systems, Intel Corp., Samsung Electronics Co. Ltd., ArrayComm LLC, RF Solutions, Alcatel-Lucent International Holdings Inc, Motorola Solutions Inc., Broadcom Corp, California Amplifier Inc., Accel Networks LLC., Jiashan Jinchang Electronics Co., Ltd., Alien Technology, Honeywell, Impinj, Zebra Technologies, Abracon, CAEN RFID, FEIG Electronics, Harting, Invengo, Kathrein RFID, MTI Wireless Edge, RFMAX, Skyetek, and Taoglas
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Smart Antenna Market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the global Smart Antenna market. The driving forces, as well as considerable restraints, have been explained in depth. in addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain global Smart Antenna market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Smart Antenna Market”
Contact:
MAXIMIZE MARKET RESEARCH PVT. LTD.
Omkar Heights,
ManikBaug, VadgaonBk,
Sinhagad Road, Pune – 411051, Maharashtra, India.
+91 9607195908