Smart Antenna Market to See Huge Growth by 2030
The term smart antenna refers to any array or antenna, which can adapt or adjust its beam pattern according to a desired criterion. Diversity effect includes the reception and transmission of multiple radio frequency waves to decrease the error rate and to boost data speed. They increase the capacity while enabling the transmission of various data streams from dissimilar antennas, reduce interferences, and have the ability to improve link quality by overcoming the effect of multi path propagation. Thus, these antennas offer benefits such as higher capacity, spectral efficiency and extended coverage and range.
The global smart antenna market is segmented into type, technology, application, end user, and region. Based on type, the market is further segmented into adaptive array antenna and switched multibeam antenna.
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In terms of technology, the market is bifurcated into Single Input Multiple Output (SIMO), Multiple input single Output (MISO), Multiple Input Multiple Output (MIMO). By applications, the market is subdivided into cellular, broadband, Wi-Fi, WiMax, and others. Based on end use, the market is segmented into telecommunications, broadband and internet service providers, defense, infrastructure, and others. Based on region, the global market is divided across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Key players of the smart antenna market analyzed in the research include Sierra Wireless, Airgo networks Inc., CommScope Inc., Bandspeed Inc., Broadcom Corp, Advanten, Airgain, AirNet Communications Corporation, ArraycomLLc, Bluesocket, and Others. They have adopted various strategies including new product launches, collaborations, partnerships, mergers & acquisitions, joint ventures, agreements, and others to gain a stronghold and international presence across the world.
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
The major drivers that lead to the smart antenna market growth include the ability to enhance the performance of next generation wireless communication systems in terms of reduced errors and high speed in data transmission process. But, its high manufacturing and maintenance cost may hinder the market growth. Moreover, increase in demand for wireless communication from industries such as infrastructure, defense & others, new product launches, and increasing investments by the key players are expected to fuel the market growth further.
New product launches to flourish the smart antenna market
A 4G/5G C-V2X vehicle mounted smart antenna was developed by SIMCom in 2020. It integrates various functions and is a highly complex antenna. It maximizes its coverage and throughput as its MIMO, multiband supports all RF communication standards. This antenna contains w59, SIM7800E and SIM8100 modules from SIMCom for cellular V2X, LTE/5G, WiFi and other connections. The smart antennas have several advantages over traditional antennas as they allow data from all sorts of RF connections to be routed to the vehicle network through a single high speed digital interface. This reduces wiring complexity and reduces signal loss in transmission process. Thus, this product flourished the market growth.
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Surge in usage in automotive industry
Manufacturers have been focusing on producing new products for specific applications as there are varying demands based on the utilization. As smart antennas enhances the overall performance of wireless communication in automobiles by providing benefits such as power control, multiple access interference, reduction in the fading of the signals, range extension and multipath management, there has been a surge in the usage of these smart antennas in this industry. Moreover, the advancement in the vehicle networking technology and the growing electric vehicle market will lead to the increase in usage of smart antennas further.
COVID-19 Scenario Analysis:
The global smart antenna market size has been significantly impacted by the COVID-19 outbreak.
The global factories have struggled to manufacture and integrate new systems as workers have stayed in their homes, which have threatened the global supply chains.
The smart antenna market would be less impacted than other markets for the non-essential goods and services as these systems are important to carry out wireless coverage.
This COVID-19 crisis will provide opportunities for the companies to invest, implement, and research in technologies which will develop this system and improve the electronic devices.
Key benefits of the report:
This study presents the analytical depiction of the global smart antenna industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global smart antenna market share.
The current market is quantitatively analyzed to highlight the global smart antenna market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global smart antenna market trends analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the smart antenna market research report:
What are the leading market players active in the smart antenna market?
What the current trends will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the smart antenna market?
What are the projections for the future that would help in taking further strategic steps?