A report by Transparency Market Research predicts the global printed antenna market to rise at a CAGR of 7.7% between 2017 and 2025. Progressing at this rate, the market is poised to display an opportunity of US$12.87 bn by 2025 increasing from US$6.66 bn in 2016. Report says Neotech AMT GmbH, Shure Inc., nScrypt Inc., Optomec Inc., Optisys Inc., Cbham plc, GSI Technologies, Mars Antennas & RF System, Texas Instrument Inc., and Thales S.A. are the companies at the forefront of competition in the global printed antenna market.
One of the key factors driving the global printed antenna market is rising adoption of printed antenna in the aerospace and defense industry. Printed technology is easy to fabricate and supports complex design and thus is suitable to print different parts of aircrafts, spacecraft. The use of advanced printed technology facilitates the design of commercial aircrafts and spacecraft, which is otherwise quite complex. In addition, considerable research and development for improving printing quality and efficiency is set to boost the growth of printed antenna market over the forecast period.
Besides this, printed antenna have widespread application in the telecommunications industry. They form an integral part of several mobile communication devices for facilitating data transmission objectives. The flourishing telecommunications industry in emerging economies such as India, China, and South Korea extends immense growth opportunities for the printed antenna market.
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