Printed Antenna Market Size, Share,Growth,Trends Forecast 2025

Albany, NY -- (SBWire) -- 09/07/2017 --The global printed antenna market is displaying steadfast growth on account of high-value applications of printed antennas. The rising adoption of printed antennas in the aerospace and defense industry is catapulting growth of this market by leaps and bounds. This is because printed antennae in combination with radio frequency identification technology facilitates efficient data transfer needed in aircrafts, spacecraft, missiles for navigation and information sharing.

Apart from this, considerable research and development for improvement in printing quality and efficiency is further triggering the growth of this market.

Printed antennas have substantial applications in telecommunications industry. These antennas form an integral component of several mobile communication devices thereby enhancing the data transmission capabilities of these devices.

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As per a report by Transparency Market Research, the global printed antennas market is poised to be worth US$12.87 bn by 2025 increasing from US$6.66 bn in 2016 at a CAGR of 7.7% between 2017 and 2025.

The global printed antennas market is divided into five segments of ink-jet printing, screen printing, flexography printing, gravure printing, and others based on printing technology. The segment of screen printing leads the market in terms of value.

However, ink-jet printing technology is expected to rise at a considerable CAGR over the forecast period. Ink-jet printing supports digital printing and thus has rising applications across industries.

In terms of end-use, the segments into which the global printed antennas market is divided are automotive, telecommunication, aerospace and defense, pharmaceuticals, and others. In 2016, aerospace and defense held the leading share of the global printed antennas market.

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The key geographical segments into which the global printed antenna market is divided are North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. North America holds the leading share in the overall market on the back of increasing use of printed technology in defense sector that uses printed antennas for design of aircrafts.

On the other hand, Asia Pacific holds immense potential to contribute to the growth of printed antenna market on account of rising penetration of mobile devices in the region.

Some of the leading players in the global printed antenna market profiled in this report are Neotech AMT GmbH, Shure Inc., nScrypt Inc., Optomec Inc., Optisys Inc., Cobham plc, GSI Technologies, Mars Antenna & RF System, Thales S.A, and Texas Instrument Inc.