Mobile Communication Antenna Market Revenue, Trends, Competitive Analysis and Opportunities Demand by 2023
The staggering growth in the wireless communication market, in addition to the growing base of connected mobile subscriber is driving the growth of the mobile communication antenna market. The astonishing growth in the number of subscribers per channel of the wireless communication spectrum requires improved antenna system.
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The markets in developed countries are witnessing slow growth, owing to the mature nature of the wireless communication market. However, Africa and Middle-East are expected to witness above average growth, during the forecast period. The governments of developing countries have also started to take strict action against the mobile call drop during the communication. Recently, the government of India started penalising the telecom operators for the call drops. Similar developments are expected to increase the number of base transceiver station (BTS) system in a defined geographic region, which in turn is expected to propel the growth of the mobile communication antenna market.
The increasing competition between the telecom services providers, increasing demand of data services, smartphones proliferation, along with Long Term Evolution (LTE) are some of the other growth drivers of the mobile communication antenna market. However, the decreasing profitability of telecom service providers, along with stringent regulation on the maximum permissible wave length is hampering the growth of the market up to some extent.
Asia-Pacific accounted for the largest and fastest growing market of mobile communication antenna in 2014. The increasing demand of LTE from India and China is fuelling the growth of the market. The North American market is largely dominated by the U.S. and Canada, owing to high penetration of mobile devices including smartphones. Europe witnessed moderate growth over the past few years, due to mature nature of wireless communication market in the region.
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Some of the competitors in the mobile communication antenna market are Kathrein, Laird Technologies PLC, Comba Telecom, Wistron NeWeb Corp., and Molex.
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