Global Base Station Antenna Market By Antenna Type (Single-Band, Multi-Band), By Application (2G, 3G and Others) and Region - Global Forecast to 2030

“Global Base Station Antenna Market” is the title of a recently published market report compiled by MarketResearch.Biz. The report contains information and data, and inputs from both primary and secondary data sources, that have been verified and validated by experts in the target market. The report presents a thorough study of revenues, historical data, and information, key developments, and strategies by major players that offer vital insights and perspectives in to various scenarios market. Besides critical data and related information, the report includes key trends (both present and future), factors that are driving market growth, factors that are or could be potential restraints to market growth, as well as opportunities that can be leveraged for potential revenue generation in untapped regions and countries. It also covers threats or challenges for existing as well as new entrants in the market. The global base station antenna market has been segmented on the basis of antenna type, application, as well as regions and countries.

The Global Base Station Antenna Market was valued at UЅD $4,905.2 Мn in 2020, and is projected to achieve a valuation of UЅD $15,339.8 Мn by 2030, at a САGR of 14.4%.

Overview:

Base station antennas are components that are connected to base stations, mounted on towers to provide cellular connectivity to users. These antennas are used to cover a single frequency band or multiple frequency bands.

Dynamics:

The increasing usage of mobile devices such as smartphones, laptops, tablets, etc., as an effective means of communication and knowledge transfer is a primary factor that is expected to continue to fuel the revenue growth of the global base station antenna market over the next 10 years. Moreover, the demand for these products can be further attributed to exponential levels of industrialization and urbanization in countries from both the emerging and developed world.

Furthermore, the increasing establishment of radio and television broadcasting stations across the globe is another factor that is expected to contribute to the demand for these devices, thereby, boosting future market growth opportunities for the global base station antenna industry.

However, in light of the recent COVID-19 outbreak, the operations of numerous industries have either been temporarily halted or are functioning with a minimal workforce due to enforced lockdowns and imposed restrictions by respective governing bodies. The global base station antenna market is no different, and this is expected to have a significantly negative impact on the revenue growth of this industry in the coming years. Additionally, the high installation and maintenance costs of these devices is also a factor that could impede on the future growth of the global base station antenna market in the coming years.

Nonetheless, increasing investments being made by industry players towards the development of advanced antenna products that offer improved connectivity and networking capacities is another factor that is anticipated to influence revenue growth opportunities for the global base station antenna market in the foreseeable future.

Segmentation of the global base station antenna market is as follows:

In terms of antenna type, the multi-band antenna segment accounted for the maximum number of revenue shares of the global base station antenna market in 2020, and is expected to continue doing so over the forecast period. The single-band segment is also anticipated to index a high CAGR over the next 10 years.

With regards to application, the other applications segment accounted for the highest number of revenue shares of the global base station antenna market in 2020, and is anticipated to register the highest CAGR over the next decade. The 3G segment is also expected to register considerable revenue growth in the years to come.

Regional Segmentation and Analysis:

Markets in the Asia Pacific region accounted for the maximum number of revenue shares of the global base station antenna market in 2020, and they are expected to index the highest CAGR over the remainder of this forecast period. The markets in North America and Europe accounted for the second-, and the third-most number of revenue shares in 2020, and are anticipated to continue doing so over the next 10 years.

Segmentation of the Global Base Station Antenna Market:

Segmentation by Antenna Type:

• Single-Band
• Multi-Band

Segmentation by Application:

• 2G
• 3G
• Other Applications (4G & 5G)

Segmentation by Regions:

• North America
• Europe
• APAC
• South America
• MEA