NEW YORK, April 24, 2017 /PRNewswire/ —
-The world Market trade of antenna recorded grow of $16.8 billion in 2016.
The projections predicts market growth that will hit $ 22.5 billion by 2021 with a compound annual growth rate (CAGR) of 6.0% from 2016.
-The smart antenna is the largest part in the antenna market.
· It is projected to grow to about $7.6 billion.
· From $4.7 billion at a CAGR of 10.1% by 2021.
-The low power market is being held by Patch and miniature but it is expected to reach approximately $4.2 billion.
· From $3.8 billion recorded in 2016.
· The growth is projected at a CAGR of 2.1% from 2016 to 2021.
Use this report to:
– Gain information about internet of things (IOT) and its impact on the prospects of antennas.
– Learn about various concepts and terminologies related to antennas.
– Gain an insight about global navigation satellite system (GNSS).
– Receive information about worldwide interoperability for microwave access (WIMAX).
The motif behind antenna market evolution in the next five years is likely to be the Internet of Things (IoT). IoT is not a new construct. It is a smart encapsulation of a series of technological developments associated with machine-to-machine communications. It spawns cellular and non-cellular waveforms. Consequently, stakeholders have been speculating that the next billion cellular subscribers are more likely to be machines with sensors and antennas. Contribution of noncellular waveforms is likely to be in order of several multiples to that of cellular waveforms. This report adequately captures the smart re-branding practiced by antenna vendors to associate themselves with IoT.
Smart antennas continue to provide the bulk of the technological impetus that will leave a lasting impact on the antenna industry. As the industry waits for 5G, antenna vendors are busy perfecting the adoption of smart antenna constructs across power values, operating distances and frequency ranges.
At the heart of all these exciting developments is the uncomplicated antenna – an integral component of the radio. The operating principle of antennas is very simple: conversion between electrical energy and radiation. The simplicity of this principle has relegated antennas to the periphery of the active and innovative telecommunications research domain. For close to a century after antennas were invented, antenna technology was in the slow lane of evolution while other components such as basebands, modems, codecs and processors among others witnessed frantic development that led to superior performance.
The evolution of cellular telephony with quantum increases in data transfer carrying abilities with every progressive generation has injected acceleration in antenna innovation, as evidenced by the cresting of patent activity around…