According to a new market research report published by Acute Market Reports, the global smartphone antenna market is set to grow with a CAGR of 7.6 percent over the forecast period.
The smartphone antenna market is growing as a result of a massive rise in mobile phone subscribers worldwide. The smartphone market is growing at a rapid rate, with shipments reaching more than 1.3 billion in 2018. The Smartphone antenna is an internal component of the system used to receive signals. Improved reliability and increasing data transmission rates while decreasing transmission power are key growth drivers for the smartphone antenna industry. Smartphones offer a variety of features, such as built-in GPS systems, NFC services and others, which are the other major growth drivers for the smartphone antenna industry. As a result of these factors, we expect the smartphone antenna market to grow rapidly during the forecast period from 2019 to 2027.
Browse Full Report Originally Published by Acute Market Reports @ https://www.acutemarketreports.com/report/smartphones-antenna-market
Based on the service, the market for antenna smartphones is divided into three segments: antenna stamping, antenna FPC and antenna LDS. FPC antenna segment has the highest market share with more than 60% of the market revenue in 2018. According to Ethertronics IMD technology the FPC antenna has the highest market share to satisfy all needed cellular needs. The FPC antenna system provides strong coverage over 8 cellular frequency bands and meets other carrier requirements. Due to all these factors, we expect the FPC antenna segment to continue to lead the smartphone antenna market throughout the forecast period.
You can get the sample copy of this research by Acute Market Reports here: https://www.acutemarketreports.com/request-free-sample/138899
Geographically, Asia Pacific dominates the market with a revenue share of more than 40% worldwide. Asia Pacific has the largest share due to the increased production and consumption of smartphone devices in the world. More than 725 Mn was exported to Asia Pacific in 2018. The rapid growth of the telecommunications industry and the high volume of data used in the area are the main drivers of growth. Rising young populations and urbanization in developing Asia-Pacific economies such as India and China are the other major growth drivers for the smartphone antenna industry. As a result, Asia Pacific will continue to lead the smartphone market during the forecast period.
Some of the major companies profiled in the report include Speed Wireless Polytron Technologies, Sunway Communication, Jesoncom Communication Equipment Co., Ltd., Laird plc, Pulse Electronics, Inc., Auden Techno Corporation, Deman Electronics Technology Co. Ltd., Amphenol Corporation, Galtronics Corporation Ltd., Molex, Skycross Inc. among others.