Base Station Antennas Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Base Station Antenna Market
The base station antenna market size was valued at USD 9.36 billion in 2023, and the market is now projected to grow from USD 10.77 billion in 2024 to USD 37.07 billion by 2032, exhibiting a CAGR of 16.7% during the forecast period of 2023-2032.
Coronavirus outbreak has greatly affected the manufacture of commodities throughout the world. In addition, there was an impact of the pandemic on the antenna’s production plants. The emergence of the pandemic fueled 5G infrastructure providers to report of postponing 5G rollouts in 2020. Also, the shortage of crucial components and instruments employed for building antennas impacted manufacturing in many places. Component suppliers had to deal with issues like delays in shipments and other disruptions in the supply chain caused by the temporary blockage of borders or other problems. This led to the decline in the base station antenna market growth.
The 5G network makes ultra-high speed, short latency, and maximum coverage possible, resulting in a tremendous demand for 5G devices across the countries. The U. S. A., China, the U. K., and South Korea are particularly active in terms of the implementation of 5G technologies for the provision of high quality communication services. Moreover, it is the popular utilization of 5G IoT that yields great chances for creating the 5G base station. BST antenna is a fundamental part of the 5G infrastructure like it provides its enormous network capabilities and high data rates. Anticipating the quick advent of 5G technology, the base station antenna market share is predicted to grow.
Smart antennas provide for the advanced wireless network capacity and wide coverage to serve the continuous voice, data, and control purpose of 4G and 5G technologies. Such antennas have been recognized as one of the most significant technologies to upgrade the working of the mobile networks. The latest trend of Smart antennas is employed to provide low interference levels and high network capacity for the owner of the network.
Comprehensive Analysis of Base Station Antenna Market
The calcium carbide market and information and communication technology industry are rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the information and communication technology industry. These segmentations are methodically segregated By Type Analysis, By Provision/Sector Analysis and By Technology Analysis. This market is divided into omni antenna, sector antenna, dipole antenna, multibeam antenna, small-cell and the rest depending on the type. Within this, omni antenna segment is prophesied to prevail as the main type segment over the forecast period. Segmented into semi-urban/urban/rural depending on the area/sector, the market is split. It is in the urban and semi-urban areas where the deployment of base stations is more visible because they result in greater populations requiring cellular connections, a rising number of smart projects, and a rapid development of smart infrastructures as well as others. Market divided into 3G, 4G/LTE and 5G based on technology. For the reason production, the market is bifurcated into mobile communication, intelligent transport, Industrial Internet of Things (IIoT), smart city, military and defense, and others (precision agriculture, remote monitoring, and control)
The Asia Pacific region was predicted to have a high share of the market during this time frame. The augmenting level of 5G deployments by countries like China, South Korea, and Japan is averred that would spark base station antennas use in this region. Forecasts call for China to dominate the market in upcoming years. According to the 2020 MIIT of China (Ministry of Industry and Information Technology), 5G mobile phone shipments hit 59. 85 million units.
The top players in the market play a crucial role in the information and communication technology industry assuring industrial prospectus growth and setting market standards. These players include, Radio Innovation Sweden AB (Sweden), CommScope Holding Company, Inc. (U.S.), Comba Telecom Systems Holdings Ltd. (China), Huawei Investment & Holding Co., Ltd. (China), PCTEL, Inc. (U.S.), Baylin Technologies Inc. (Canada), Rosenberger Hochfrequenztechnik GmbH & Co. KG (Germany), Nokia Corporation (Finland), Amphenol Procom Inc. (U.K.) and Ace Technologies Corporation (Korea).
In May 2023, Ericsson enjoins in partnership with a Japanese telecommunications operator, KDDI Corporation. On top of this, Ericsson will mount manhole 5G base stations and supply underground antennas.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 16.7% from 2024 to 2032
Unit Value (USD billion)
Segmentation By Type
- Omni Antenna
- Sector Antenna
- Dipole Antenna
- Multibeam Antenna
- Small Cell
- Others
By Provision/Sector
- Semi-urban
- Urban
- Rural
By Technology
- 3G
- 4G/LTE
- 5G
By Application
- Mobile Communication
- Intelligent Transport
- Industrial IoT
- Smart City
- Military & Defense
- Others
By Region
- North America (By Type, By Provision/Sector, By Technology, By Application, and By Country)
U.S. (By Application)
Canada (By Application)
Mexico (By Application)
- Europe (By Type, By Provision/Sector, By Technology, By Application, and By Country)
U.K. (By Application)
Germany (By Application)
France (By Application)
Italy (By Application)
Spain (By Application)
Russia (By Application)
Benelux (By Application)
Nordics (By Application)
Rest of Europe
- South America (By Type, By Provision/Sector, By Technology, By Application, and By Country)
-
Brazil (By Application)
Argentina (By Application)
Rest of South America
- Middle East & Africa (By Type, By Provision/Sector, By Technology, By Application, and By Country)
Turkey (By Application)
Israel (By Application)
GCC (By Application)
North Africa (By Application)
South Africa (By Application)
Rest of the Middle East & Africa
- Asia Pacific (By Type, By Provision/Sector, By Technology, By Application, and By Country)
China (By Application)
Japan (By Application)
India (By Application)
South Korea (By Application)
ASEAN (By Application)
Oceania (By Application)