|Market Size in 2022||Market Forecast in 2030||CAGR (in %)||Base Year|
|USD 6.7 Billion||USD 10.6 Billion||7.01%||2022|
BTS Antenna Market
The global BTS antenna market size was evaluated at $6.7 billion in 2022 and is slated to hit $10.6 billion by the end of 2030 with a CAGR of nearly 7.01% between 2023 and 2030.
BTS antenna, which is also referred to as base station antenna, is used as a connection point for wireless equipment for communication. Furthermore, these products are base stations that are mounted on the towers for offering cellular connectivity for customers. In addition to this, the BTS antenna is utilized for covering single-frequency bands as well as multiple-frequency bands.
Increase in the popularity of smartphones will steer the growth of the global market
Rise in the use of smartphones along with the launching of high-speed networks such as 5G will prompt the global BTS antenna market demand. Rise in web browsing, media streaming, and online gaming activities will proliferate the growth of the global BTS antenna market. Escalating product penetration in connected cars, military & defense, and farming activities will further proliferate the global market expansion. Humungous demand for effective wireless communication will embellish the growth of the market globally. New product launches are predicted to make lucrative contributions towards the global market size. For instance, in the first half of 2020, CommScope Holding Company, Inc., a U.S.-based firm in the network infrastructure business, introduced small cell solutions under its OneCell profile for supporting 5G installation of smartphone devices that include antennas, connectors, and small cells.
BTS Antenna Market: Restraints
Supply chain disruptions can hinder global industry expansion over the forecast period
Disruptions in supply chain activities can put brakes on the expansion of the global BTS antenna industry in the years ahead. Unavailability of key components for manufacturing antennas will further create impediments in the growth path of the industry in the coming years.
Huge need for improving wireless connectivity will steer the global market trends
Immense demand for expanding the wireless capacity and easy availability of smart antennas will open new growth opportunities for the global BTS antenna market. Massive use of smart antennas in mobile communication systems will proliferate the global market size.
Adverse effects of RF radiation can put a big challenge for the global industry
Side-effects of RF radiation on human health can pose a huge challenge for the global BTS antenna industry surge in the years ahead.
The global BTS antenna market is sectored into product, provision/sector, technology, application, and region.
In product terms, the global BTS antenna market is segregated into small cell, omni antenna, multibeam antenna, dipole antenna, sector antenna, and others segments. Furthermore, the omni antenna segment, which accumulated nearly one-fifth of the global market proceeds in 2022, is set to register the highest CAGR in the upcoming years. The expansion of the segment in the assessment period can as a result of these products offering 360-degree directional vertical coverage along with providing stable connections to end-users.
Based on the application, the global BTS antenna industry is sectored into industrial IoT, mobile communication, military & defense, intelligent transport, smart cities, and others segments. In addition to this, the mobile communication segment, which acquired a key part of the global industry share in 2022, is slated to dominate the global industry over the analysis timeframe. The segmental growth over the assessment period can be due to the growing demand for efficient network connectivity for mobile communications.
Based on the provision/sector, the global BTS antenna market is divided into semi-urban, rural, and urban segments.
Based on the technology, the global BTS antenna industry is segregated into 3G, 5G, and 4G/LTE segments.
|Report Attributes||Report Details|
|Report Name||BTS Antenna Market|
|Market Size in 2022||USD 6.7 Billion|
|Market Forecast in 2030||USD 10.6 Billion|
|Growth Rate||CAGR of 7.01%|
|Number of Pages||205|
|Key Companies Covered||Comba Telecom Systems Holdings Ltd., CommScope Holding Company Inc., Tongyu Communication Inc., Amphenol Antenna Solutions, Telefonaktiebolaget LM Ericsson, ACE Technologies Corp., Huawei Technologies Co. Ltd., Radio Frequency Systems (RFS), Kaelus, PCTEL Inc., and others.|
|Segments Covered||By Product, By Provision/Sector, By Application, By Technology, and By Region|
|Regions Covered||North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)|
|Historical Year||2017 to 2021|
|Forecast Year||2023 - 2030|
|Customization Scope||Avail customized purchase options to meet your exact research needs. Request For Customization|
Asia-Pacific is forecast to maintain its leading position in the global BTS antenna market in the assessment period
Asia-Pacific, which gathered about 57% of the global BTS antenna market share in 2022, will be a dominating region over the projected timeframe. Furthermore, the regional market growth can be due to the rise in the rolling out of 5G networks in China, Japan, India, Taiwan, and South Korea. An increase in mobile subscribers in these countries and a thriving telecom industry will proliferate the regional market size.
The European BTS antenna industry is set to register the fastest CAGR in the years ahead subject to the presence of giant players in the European countries including the UK, France, Germany, and Estonia. Apart from this, a rise in government investments in developing robust 5G infrastructure facilities will prompt the regional industry surge over the coming years.
The global BTS antenna market profiles key players such as:
BTS antenna, which is also referred to as base station antenna, is used as a connection point for wireless equipment for communication.
The global BTS antenna market growth can be owing to the growing use of smartphones.
According to a study, the global BTS antenna industry size was $6.7 billion in 2022 and is projected to reach $10.6 billion by the end of 2030.
The global BTS antenna market is anticipated to record a CAGR of nearly 7.01% from 2023 to 2030.
The European BTS antenna industry is set to register the highest CAGR over the forecasting timeline owing to the presence of giant players in the European countries including the UK, France, Germany, and Estonia. Apart from this, a rise in government investments in developing robust 5G infrastructure facilities will prompt the regional industry surge over the coming years.
The global BTS antenna market is led by players such as Comba Telecom Systems Holdings Ltd., CommScope Holding Company, Inc., Tongyu Communication Inc., Amphenol Antenna Solutions, Telefonaktiebolaget LM Ericsson, ACE Technologies Corp., Huawei Technologies Co., Ltd., Radio Frequency Systems (RFS), Kaelus, and PCTEL Inc.
The BTS antenna market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.