DUBLIN–(BUSINESS WIRE)–The “Point-to-Point Antenna Market with COVID-19 impact by Type (Parabolic, Flat Panel, Yagi), Polarization, Frequency Range (1.0 GHz to 9.9 GHz, 10.0 GHz to 29.9 GHz, 30.0 GHz to 86.0 GHz), Application, and Region – Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.
The overall point-to-point antenna market was valued at USD 3,496 million in 2019 and is projected to reach USD 5,040 million by 2025; it is projected to grow at a CAGR of 6.9% during the forecast period.
Point-to-point antenna market projected to grow at 6.9% CAGR during 2020-2025
This estimation factors in the impact of the COVID-19 pandemic on the market. The major driving factors are the simplicity of installation as compared with other antennas and the growing penetration of the Internet. The increasing number of M2M connections among various industry verticals is also expected to drive the point-to-point antenna market growth during the forecast period.
Parabolic antenna to account for the largest share of point-to-point antenna market during the forecast period
Parabolic antennas have a wider range of frequency and applications, as well as very high gain, ranging from 30 to 40 dB as compared with flat panel antennas and Yagi antennas. A parabolic antenna uses a parabolic reflector, a curved surface with the cross-sectional shape of a parabola, to direct the radio waves. The most common form of parabolic antennas is shaped similar to a dish. These antennas are widely used for radio and wireless applications.
1.0 GHz to 9.9 GHz frequency range segment to account for the largest share of point-to-point antenna market during the forecast period
Majority of the applications, including the industrial and commercial applications, as well as cellular applications (2G, 3G, and 4G), operate in the 1.0 GHz to 9.9 GHz frequency range. Due to this, the 1.0 GHz to 9.9 GHz frequency range segment occupies the largest share of the point-to-point antenna market.
Commercial/industrial to grow at highest CAGR in point-to-point antenna market from 2020 to 2025
The overall deployment of point-to-point antennas is expected to increase with the growth in the number of commercial office buildings and industrial facilities; hence, this segment is projected to grow at the highest rate in the coming years.
The response of manufacturers to the COVID-19 pandemic has been varying. For instance, while some manufacturers are decreasing production and furloughing workers, others are increasing, shifting, or relocating production to meet the demand. Procter & Gamble, 3M, Georgia-Pacific, BASF, ExxonMobil, Tesla, Ford, GM, ArcelorMittal, and Air Products are a few examples of the companies that have innovated to manufacture new products or shifted production to meet demand.
APAC to hold largest share of point-to-point antenna market during the forecast period
China is expected to be the major contributor to the point-to-point antenna market in APAC. The high growth rate of the market in APAC is owing to the increasing number of 5G infrastructure development initiatives in the region. The rising demand for telecommunication infrastructure has also created a plethora of opportunities for the point-to-point antenna market in the APAC region.
In APAC, investments look promising as the majority of countries such as China, Japan, and South Korea have been more successful in containing the spread of COVID-19 than the US and European countries. China is easing the restrictions imposed on the operations of factories and the movement of workers. Major telecommunication equipment providers in the region, including ZTE (China) and Huawei Technologies (China), have signed more than 95 5G commercial deals with leading global telecom operators.
- Simplicity of Installation as Compared With Other Antennas
- Rise in Penetration of Internet
- Increase Number of M2M Connections Among Various Industry Verticals
- Growing Consumer Demand for Extended Network Coverage
- Growing Demand from Smart Cities
- Increasing Deployment of Wi-Fi by Businesses
- Lack of Consistency in Point-To-Point Antennas and Variance in Operating Frequencies for Different Applications Across the World
- Comba Telecom Systems Holdings
- Cambium Networks
- Tongyu Communication
- Laird Technologies
- Radio Frequency Systems
- Mobi Antenna Technologies
- Infinite Electronics International
- Trango Networks
- Mwave Industries
- Kavveri Telecom
- Xi’An Putian Antenna
- Leax Arkivator Telecom Ab
- Wireless Excellence Limited
- Powerwave Technologies
For more information about this report visit https://www.researchandmarkets.com/r/fjxx9n
Laura Wood, Senior Press Manager
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