The global printed
antenna market is displaying steadfast growth on account of
high-value applications of printed antennas. The rising adoption of
printed antennas in the aerospace and defense industry is catapulting
growth of this market by leaps and bounds. This is because printed
antennae in combination with radio frequency identification
technology facilitates efficient data transfer needed in aircrafts,
spacecraft, missiles for navigation and information sharing. Not only
this, the cost effectiveness of printed antennae due to its easy
fabrication using advanced printed circuit technology is fuelling
their demand across several end-use industries.
Apart from this,
considerable research and development for improvement in printing
quality and efficiency is further triggering the growth of this
market.
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Printed antennas
have substantial applications in telecommunications industry. These
antennas form an integral component of several mobile communication
devices thereby enhancing the data transmission capabilities of these
devices. For example, the flourishing telecommunication industry in
emerging economies such as India and China presents ample growth
opportunities to the printed antennas market.
As per a report by
Transparency Market Research, the global printed antennas market is
poised to be worth US$12.87 bn by 2025 increasing from US$6.66 bn in
2016 at a CAGR of 7.7% between 2017 and 2025.
Application of
Screen Printing across Industry Verticals Ramps up Demand
The global printed
antennas market is divided into five segments of ink-jet printing,
screen printing, flexography printing, gravure printing, and others
based on printing technology. The segment of screen printing leads
the market in terms of value. Being one of the traditional forms of
printing technology, screen printing is suitable for printing on
large number of substrates such as plastic, paper, cellophane, and
others. In addition, its application across several verticals and
high accuracy outcomes adds to the advantage of screen printing.
However, ink-jet
printing technology is expected to rise at a considerable CAGR over
the forecast period. Ink-jet printing supports digital printing and
thus has rising applications across industries. Flexography printing
is the newest form of printing technology and finds widespread
application in military packaging and labelling. With the growth of
the pharmaceuticals and defense sectors, flexography printing
technology is anticipated to secure considerable market share over
the forecast period.
In terms of end-use,
the segments into which the global printed antennas market is divided
are automotive, telecommunication, aerospace and defense,
pharmaceuticals, and others. In 2016, aerospace and defense held the
leading share of the global printed antennas market. Printed antennae
in combination with radio frequency identification technology extends
efficient data transfer capabilities. The increasing use of printed
antennas in the pharmaceuticals sector as an add-on in blood flow
monitoring devices is expected to bode well for this end-use segment
over the report’s forecast period.
Ceaseless
Penetration of Mobile Devices Catapults Asia Pacific Market
The key geographical
segments into which the global printed antenna market is divided are
North America, Europe, Asia Pacific, the Middle East and Africa, and
Latin America. North America holds the leading share in the overall
market on the back of increasing use of printed technology in defense
sector that uses printed antennas for design of aircrafts. This,
along with the growing investment in telecommunication and healthcare
sectors is boosting the growth prospect of printed antenna market in
North America.
On the other hand,
Asia Pacific holds immense potential to contribute to the growth of
printed antenna market on account of rising penetration of mobile
devices in the region.
Some of the leading
players in the global printed antenna market profiled in this report
are Neotech AMT GmbH, Shure Inc., nScrypt Inc., Optomec Inc., Optisys
Inc., Cobham plc, GSI Technologies, Mars Antenna & RF System,
Thales S.A, and Texas Instrument Inc.
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key trends, and strategic recommendations.
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