Global Multi-band Antenna Market 2018-2022

Technavio’s market research analysts have predicted that the multi-band antenna market will register a CAGR of more than 12% by 2022. This industry research report presents a comprehensive analysis of the global multi-band antenna market by end-user such as wireless communication, aerospace and defense, automotive, and others. The report also presents a detailed analysis of the market’s growth prospects across regions such as the Americas, APAC, and EMEA.

Global Multi-band Antenna Industry Overview

Technavio’s analysts have identified the fast-paced increase in data traffic to be one of the primary factors driving multi-band antenna market’s growth prospect. The adoption of communication and connected devices like smartphone and tablets have increased at a high rate. According to the Cisco VNI report, the global mobile data traffic grew 63% in 2016. It is estimated that the monthly global data traffic will be 49 exabytes by 2021, and the annual traffic will exceed by half zettabyte. Technavio’s market research and analysis predict that the mobile data traffic will grow at a CAGR of 47% by 2021.

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Companies covered

According to this market analysis, the multi-band antenna market is moderately fragmented owing to the presence of a considerable number of vendors. This multi-band antenna industry analysis report will help the clients identify new market opportunities and design new growth strategies. Also, this report offers a competitive analysis of the key industry players in the multiband vertical antenna market along with information on the products offered by the companies.

The report offers a complete analysis of a number of companies including:

• Comba Telecom Systems
• Mobile Mark
• RF Solutions
• TE Connectivity
• Vishay Intertechnology

Multi-band antenna market growth based on geographic regions

• Americas
• APAC
• EMEA

In terms of geographic regions, the Americas accounted for the major share in the multiband vertical antenna market in 2017. The growing adoption of multi-band antenna will drive the growth of the market during the forecast period.

Multi-band antenna market growth based on end-user

• Wireless communication
• Aerospace and defense
• Automotive

The wireless communication segment accounted for the major share of the multi-band antenna market during 2017. According to our research report, the growing adoption of wireless communication will influence the market.

Key highlights of the global multi-band antenna market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the multi-band antenna market during the next five years
• Precise estimation of the global multi-band antenna market size, market value and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the multi-band antenna industry across various geographies such as the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of multi-band antenna manufacturers

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This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global multi-band antenna market and its stakeholders over the forecast years.

Technavio’s market research analysts have also considered how the performance of other related markets in the vertical will impact the size of the multi-band antenna market till 2022. Some of the markets most likely to influence the growth of the multi-band antenna market over the coming years are the satellite-based earth observation market and industrial communication market.

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