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Friday, December 13, 2024

Flat panel antenna market to grow at a 29.13% CAGR during 2021-2030

A flat panel antenna is a directional antenna; it only transmits and receives radio signals from one direction. It is appropriate for portable and fixed-site applications that require a compact and discreet antenna. The flat panel antenna incorporates a TSAT remote and an LNB and BUC to give a comprehensive terminal solution in a single unified enclosure. Flat-panel antennas are most commonly used for naval, military, and commercial aircraft radar, but they are also being developed for maritime satellite communications applications. The flat panel antenna market worth in 2021 was $467.02 million and will reach $4662.08 billion by 2030 with a 29.13% CAGR.

The creation of lighter and smaller antennas, new materials to boost performance, and the incorporation of antenna arrays into existing structures are some major advances in flat-panel antenna technology.

For various uses, including mobile devices and satellite communications, thin and light antennas are being created. Metamaterials and other novel materials are being researched for their potential to enhance antenna performance.

Key Drivers

The growing desire for the miniaturization of consumer electronic products, the growing demand for high-speed wireless communication, and the requirement for improved energy efficiency are the primary drivers of the flat panel antenna market.

Because of the downsizing of consumer electrical gadgets, more compact and effective antennas are required. The flat panel antenna is a small and lightweight antenna that fits well into small devices.

The rising demand for high-speed wireless connectivity necessitates increased data rates and bandwidths. The flat panel antenna supports these greater data speeds and bandwidths.

The requirement for improved energy efficiency pushes the development of novel flat panel antenna materials and technologies.

Restraining Factors 

One of the major challenges restricting overall market growth is the greater cost of maintaining and developing earth station infrastructure. The majority of the essential components are obtained from commercial off-the-shelf (COTS) vendors or are custom-fabricated, which is costly.

Market Opportunities

Over the last few years, governments worldwide have contributed significantly to the development of low-profile, ultra-compact, flat-panel antennas for improving the efficiency of advanced ground combat vehicles, which is expected to provide ample opportunities for market growth in the future.

Segmentation analysis

On the basis of type, the flat panel antenna market is segmented into electronically steered and mechanically steered.

With the largest share of roughly 60.31% of the market in 2020, the electronically steered segment ruled the market. This is due to its strong commercial acceptance and cheaper cost. Due to its lower price, smaller size, and widespread use in the maritime, enterprise, land mobile, and aviation industries, an electrically steered flat panel antenna is expected to gain popularity.

In terms of frequency, the flat panel antenna market is segmented into C and X Band and Ku, K, and ka-band.

In 2020, the “C and X band” accounted for the biggest market share of 72.13% and will rule the market throughout the projected period. This is a result of increased investments made by real estate firms globally to begin new residential developments.

On the basis of end-user, the market for flat panel antenna is segmented into commercial, aviation, military, telecommunications, and others. 

In 2020, the ‘Commercial’ segment had the highest revenue share of about 36.13%. The commercial category serves a variety of uses, including commercial shipping, superyachts, passenger cars, and other applications. Flat panel antennas used for such purposes are smaller, less expensive, and more discrete than the larger ones commonly employed on larger vessels for broadband satellite communications. The market is expanding broadly as a result of all of these causes. 

Regionally, the market is analyzed across Europe, North America, Asia Pacific, and LAMEA.

Asia Pacific ruled the overall market for flat panel antenna regionally. Due to its ever-increasing population, the Asia Pacific area is the most important market for commercial and consumer segments. Japan, India, China, and South Korea are important countries in the APAC area.

Rapid advancements in the use of flat panel antennas in telecommunications fuel the overall growth potential for this region’s market. Other factors driving the ever-increasing demand for flat panel antennas in APAC include:

  • Technological developments in flat panel antennas.
  • Higher awareness of the benefits of using flat panel antennas among people globally.
  • The affordability of these antennas.

Key Players 

  • SatPro Tech
  • ST Engineering
  • Inmarsat
  • Gilat Satellite Networks
  • ThinKoM Solutions
  • Kymeta Corporation
  • Hanwha Phasor
  • L3Harria Technologies
  • ALCAN Systems
  • China Starwin
  • OneWeb
  • Other Players

Uneeb Khan
Uneeb Khan
Uneeb Khan CEO at blogili.com. Have 4 years of experience in the websites field. Uneeb Khan is the premier and most trustworthy informer for technology, telecom, business, auto news, games review in World.

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