5G Phased Array Antenna Market: Trends, Segmentation, and Regional Insights 2024-2028

The 5G phased array antenna market is projected to grow by USD 812.5 million between 2024 and 2028, with a CAGR of 7.81%. The increasing adoption of smartphones, tablets, and IoT devices has fueled demand for high-speed connectivity and advanced phased array antennas. These antennas play a crucial role in beamforming, hybrid beamforming, and spatial multiplexing, enabling efficient signal transmission at GHz frequencies. However, the high deployment cost of 5G technology remains a challenge.

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Market Segmentation

By Application

• Mobile Devices (Expected to witness significant growth)
• Infrastructure

By Type

• 24-30 GHz
• 37-40 GHz
• Others

By Geography

• North America (US)
• Europe (Germany, UK)
• APAC (China, Japan)
• South America
• Middle East and Africa

Key Market Drivers

• Smartphone and Tablet Growth: The rise in smartphone penetration increases demand for phased array antennas in mobile devices.
• IoT Expansion: Growth in IoT devices operating at GHz frequencies boosts the adoption of phased array antennas.
• Advancements in Antenna Technology: Use of series-fed patch arrays, parallel patch arrays, and PCB technology enhances performance.

Market Challenges

• High Deployment Cost: The installation and maintenance of 5G small cell networks remain expensive.
• Security Concerns: Remote power systems for outdoor 5G deployments face security risks.
• Competitive Pricing Pressure: Cost sensitivity among customers affects profit margins for market players.

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Key Companies in the 5G Phased Array Antenna Market

Some of the key companies of the 5G Phased Array Antenna Market are as follows:

• 2J Antennas s.r.o.
• ALCAN Systems GmbH i.L.
• Amkor Technology Inc.
• Anokiwave Inc.
• Anritsu Corp.
• Ball Corp.
• CHASM Advanced Materials Inc.
• Chengdu Kesai Technology Co. Ltd.
• FlexGigaHertz S.A.
• Fujikura Co. Ltd.
• Huawei Technologies Co. Ltd.
• Keysight Technologies Inc.
• Mitsubishi Electric Corp.
• Movandi Corp.
• Polytenna Technologies Inc.
• Qorvo Inc.
• Sofant Technologies Ltd.
• Telefonaktiebolaget LM Ericsson
• TMY Technology Inc.
• ZTE Corp.