“Global Mobile Phone Antenna Market, By Product Type (PIFA {Planar Inverted F Antenna}, Internal Planar Monopole, Internal PCB & FPC), By Application (Wi-Fi Antenna, Main Antenna, GPS Antenna, Other Antenna), as well as by Region – Global Forecast 2021 to 2029.”, which offers a comprehensive view of the Global Mobile Phone Antenna Market through systematic segmentation, covering every aspect of this target market. The 5-year (2020–2025) cumulative revenue of this market is projected to be over $4,376.1 Mn, and is estimated to increase significantly over the latter part of the forecast period.
Mobile phones can contain anywhere from 4-13 different antennas. There are at least 4 transmitters and/or receivers (radios) that can presently be found in mobile phones. The primary cellular antenna is the main communication antenna in a smartphone, and hence is very important. This antenna is almost always located at the lower end of the mobile phone.
The rampant increase in the number of mobile phone subscribers across the world, owing to booming global population figures, is a primary factor that is anticipated to continue to fuel the revenue growth of the Global Mobile Phone Antenna Market in the foreseeable future. Moreover, the steady increase in disposable incomes of individuals across the world is a factor that is enabling them to increase the amounts they spend on consumer goods. This is also slated to have a positive impact on the market growth of the Global Mobile Phone Antenna Market in the coming years. The high costs associated with the initial setup needed for the manufacturing of mobile phone antennas is a factor that may restrain the revenue growth of this global industry. However, increasing investments being made by key industry players towards the development of innovatively advanced components is another major factor that is slated to impact the market growth of this industry. In addition to this, the prospect of comprehensively penetrating the various markets in emerging countries around the world is another promising element that is slated to have a profound influence on the Global Mobile Phone Antenna Market as a whole. These are some of the other elements that are expected to further augment the global market footprint of this sector, and are some of the most crucial factors anticipated to play a critical role in augmenting projected revenues for the Global Mobile Phone Antenna Market to $5,713.4 Mn by 2029, at a CAGR of 7.1%.
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