The point-to-point antenna market is estimated to be valued at USD 3.6 billion in 2020 and is projected to reach USD 5.0 billion by 2025, at a CAGR of 6.9%. This estimation factors in the impact of the COVID-19 pandemic on the market. The major driving factors are the simplicity of installation as compared with other antennas and the growing penetration of the Internet. The increasing number of M2M connections among various industry verticals is also expected to drive the point-to-point antenna market growth during the forecast period.
The point-to-point antenna market is moderately competitive, with a significant presence of multinational, domestic, and startup companies. Product launches, partnerships, and acquisitions were the key strategies adopted by players to increase their shares in the point-to-point antenna market from 2017 to 2020. Product launches accounted for a 40% share of the overall growth strategies. The market giants invest heavily in R&D.
Point-to-Point Antenna companies include:
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CommScope is a global provider of infrastructure solutions for communication and entertainment networks. It is one of the leading providers of wired and wireless networks. The company offers wired and wireless network solutions to cable and telephone service providers, as well as digital broadcast satellite operators and media programmers to deliver media, voice, Internet Protocol (IP) data services, and Wi-Fi connectivity to their subscribers. It also allows enterprises to have constant wireless and wired connectivity across complex and varied networking environments.
Ericsson is a global provider of telecom-based services and equipment. In October 2019, the company acquired assets of Kathrein, which is a world-leading provider of antennas and filter technologies. The antennas and filters business of Ericsson is based on its strong research and development capabilities with extensive experience in antenna design and research, coupled with a strong intellectual property rights (IPR) portfolio. In addition to broadening its portfolio of antennas and filter products, the acquisition of Kathrein brought up vital competence to Ericsson to carry out the evolution of advanced radio network products. The company operates in 180 countries and has established relationships with the world’s leading telecom operators.
Related Reports:
Point-to-Point Antenna Market with COVID-19 impact by Type (Parabolic, Flat Panel, Yagi), Polarization, Frequency Range (1.0 GHz to 9.9 GHz, 10.0 GHz to 29.9 GHz, 30.0 GHz to 86.0 GHz), Application, and Region - Global Forecast to 2025
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