Global Antenna Market is growing with factor such as growing adoption of IoT technology for real time monitoring application and performance improvement. Growing demand for the high speed internet service at facilities is acting as major driver for growth of antenna market. High initial investment cost is acting as major restraint for the market.
Antenna market has shown an exceptional penetration in countries such as the U.S., China, and Germany. Growing demand of small sized antenna to meet the demand of compact equipment design is increasing the penetration in developed countries. In developing countries, rising industrialization, telecommunication services, rising smartphone users and other developments are creating huge opportunity for the global antenna market.
According to Data Bridge Market Research, the market for antenna in North America region has the highest market share followed by Europe and Asia-Pacific. Market leader is TE Connectivity which accounts an estimated market share of approximately 29% to 37% in the North America region. The company has gained outstanding sales through their antennas, fiber management systems, outdoor enclosures and other product offering. The market is witnessing strong investment for the IT infrastructure development and supporting antenna in the market.
Now the question is which are the other regions that TE Connectivity, Continental AG and CommScope, Inc. are targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific antenna market and the market leaders are targeting China, South Korea and India to be their next revenue pockets for 2020.
The antenna market is becoming more competitive every year with companies such as TE Connectivity, Continental AG and CommScope, Inc. as they are the market leaders for antenna. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the antenna market.
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Global antenna market is segmented on the basis of countries into the U.S., Canada and Mexico, Germany, France, Italy, U.K., Spain, The Netherlands, Switzerland, Belgium, Russia, Turkey and Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Chile, Argentina, Rest of South America, South Africa, UAE, Saudi Arabia, Israel, Egypt and Rest of Middle East & Africa.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of antenna companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-antenna-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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