A multi-beam antenna is defined as an antenna having capability to generate multiple independent beams from a single aperture. The development of next generation wireless network (5G) technology has become one of the major factors driving the growth of the market. For instance, the Ministry of Industry and Information Technology in China announced that 5G technology services will be commercialized by 2020.
In addition, the increasing demand for high speed internet connectivity due to rising adoption of advanced technologies such as machine-to-machine/IOT has emerged as a major factor which has enhanced the demand for 5G technology. By 2022, the number of machine-to-machine connected devices is expected to reach 14.6 billion up from 6.1 billion in 2017, globally. The multi-beam antenna can operate in millimeter wave frequency bands offering high data transmission rate and increased energy efficiency, which makes multi-beam antenna a key component for fifth generation network infrastructure. Moreover, various advantages such as low cost, simplicity, flexibility and reliability, space saving etc. have accelerated the demand for multi-beam antenna.
In addition, increasing number of network connected devices requiring high speed internet connectivity have accelerated the demand for 5G network, subsequently impacting the market of multi-beam antenna globally. The increasing number of network devices require high data rate (both with respect to data transfer speed and bandwidth), the multi-beam antenna have the capability to provide high data transmission rate helps to provide strong connectivity and to maintain data generation from advance technology such as M2M, IOT etc.
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The global multi-beam antenna market can be segmented based on type, application, and region. Based on application, the market is segmented into radar system, satellite communications, electronic warfare, and others. The increasing demand for satellite communication for earth observation, surveillance, weather monitoring etc requires high speed bandwidth to transmit data, the multi-beam antenna offers high data transmission rate accelerate the market of multi-beam antenna in satellite communication application.
On the basis of type, the multi-beam antenna market is segmented into multi-beam lens antenna, multi-beam reflector antenna, and multi-beam phased array antenna.
In terms of region, the global multi-beam antenna market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America held the dominant position in the global multi-beam antenna market and is expected to retain its dominance throughout the forecast period. The U.S. and Canada are the major growth engines of the region. High investments by the U.S. government for space projects are the key factor driving the market. According to Space Foundation, in 2017, the U.S. accounted for 57% of global government space spending.
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In addition, the Asia Pacific multi-beam antenna market is expected to expand with the highest CAGR during the forecast period. The increasing number of network connected devices has enhanced the demand for high data rate which in turn accelerates the market growth in the region. According to Cisco, it is estimated that by 2022, Asia Pacific M2M modules will account for 48% of the total network connected devices in Asia Pacific, which is 6.3 billion units, up from 2.7 billion units in 2017. India, China, Japan, and Australia are some of the major countries which drive the market in this region.
Key players operating in the global multi-beam antenna market include Ericsson, Huawei Technologies, Commscope, Comba Telecom, Kathrein, AT&T, ET Industries, and CCI antennas.
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