Antenna Measurement System Market Report Overview
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The global antenna measurement system market size was USD 739 million in 2022 and is expected to reach USD 1309.84 million in 2031, at a CAGR of 6.6% during the forecast period.
The use of antennas is widespread and extensive in the field of communications. These meet the need for enhanced evolution data, quicker data transfer, and extremely rapid downloading. They are renowned for providing more bandwidth with less interference. The development of 5G technology is anticipated to be a key factor in the market expansion for antenna measuring systems. To ensure optimal performance, reliable antennae measurements will be necessary with the growing usage of 5G-enabled smartphones and other devices.
COVID-19 Impact: Shift Toward Remote Working to Uplift Market Growth
The global COVID-19 pandemic has been unprecedented and staggering, with antenna measurement system experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
The antenna market benefited from the COVID-19. As more nations place restrictions on migration, people are spending more time at home for work and leisure and consuming enormous volumes of data. The focus of telecom corporations is on strengthening network dependability and funding 5G.
Latest Trends
"5G Initiatives to Intensify Market Magnification"
Measurement is essential to comprehending antenna radiations, which is what is primarily fueling the antenna measurement system market growth. The best comprehension of the subject comes from having more precise and comprehensive physical facts. Human Exposure to EMF is a problem since 25-year-old historical measurement technology cannot reliably gauge the complexity and difficulty of modern radio signals like 5G. R&D is therefore actively being pursued to create quick SAR measurement systems.
Antenna Measurement System Market Segmentation
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- By Type Analysis
According to type, the market can be segmented into Near-Field Antenna Measurement System and Far-Field Measurement System.
- By Application Analysis
According to application, the market can be segmented into Military & Government and Commercial.
Driving Factors
"Technological Advancements to Boost Market Share"
The demand for antenna measurement systems has increased as a result of the present trend toward downsizing of electronic equipment. The requirement for precise measurements of the antennae used in wireless devices has led to the creation of new technologies and an increase in the precision of already existing ones.
"Expansion in Internet of Things to Boost Market Share "
As the need for portable electronics continues to rise in many areas, electronic modules or devices are being created with size and weight reduction in mind while also offering dependable signal integrity for high-speed transmissions, especially in harsh conditions. The aforementioned developments have a substantial impact on antenna technology and IoT antenna designs, leading to extremely small antennas with high performance and efficiency, ultimately fueling the growth of the embedded antenna system market.
Restraining Factors
"Proliferation of Antennas to Deplete Market Advancement "
We are surrounded by antennas on a daily basis, and 5G is only accelerating the process. In our daily lives, the tendency is causing a massive proliferation of antennas. It is essential to assess antenna radiation quickly and precisely. At a time when social concerns about human exposure to EMF are growing, this is even more strategically important.
Antenna Measurement System Market Regional Insights
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"Technology Providers to Foster Market Growth in North America "
North America dominates the antenna measurement system market share because of rise in the need for high-speed internet services within the region. North America is currently one of the most competitive markets in the automotive integrated antenna system market. The North America region comprises the U.S. and Canada. The presence of technology providers, minimal miscalculations, product customization, and reduced production timescale are the primary driving factors of the North America antenna measurement system market.
A large amount of development is anticipated in Asia-Pacific due to the region's growing industrial automation. Additionally, there is a growing need for faster internet connections to accommodate cutting-edge technologies, which will accelerate market expansion.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
List of Market Players Profiled
- Rohde & Schwarz (Germany)
- NSI-MI Technologies (U.S.)
- Anritsu (Japan)
- Microwave Vision Group (France)
- General Test Systems (China)
- Frankonia Group (India)
Report Coverage
The industry's growth was significantly influenced by the tactics employed by market participants in recent years, such as extensions. The report provides details and information on the companies and their interactions with the market. The data is gathered and published through appropriate research, technological advancements, expansions, and expanding machinery and equipment. Other criteria considered for this market are the firms that develop and provide new products, the areas in which they operate, mechanisation, innovative techniques, making the most money, and using their products to have a large social impact.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 739 Million in 2022 |
Market Size Value By |
US$ 1309.84 Million by 2031 |
Growth Rate |
CAGR of 4.64% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the global antenna measurement system market expected to touch by 2031?
The global antenna measurement system market is expected to touch USD 1309.84 million by 2031.
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What CAGR is the antenna measurement system market expected to exhibit during 2024-2031?
The antenna measurement system market is expected to exhibit a CAGR of 6.6% over 2024-2031.
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Which are the driving factors of the antenna measurement system market?
Expansion in the internet of things and technological advancement to drive the antenna measurement system market.
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Which are the top companies operating in the antenna measurement system market?
Vodafone, Deutsche Telekom, ZTE Corporation, Nokia Siemens Networks, France Telecom