Expansion of IoT and wearable technology applications and rising investments in space-based solar power projects fuels the growth of the global Rectenna market at a CAGR of 6.4% during the forecast period 2023 to 2032

Market Research Future (MRFR) has published on the “Global Rectenna Market”.

The Rectenna market is estimated to register a CAGR of 6.4% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Rectenna market— Murata Manufacturing Co., Ltd, CoolCAD Electronics LLC, Nihon Dengyo Kosaku Co Ltd, Allis Communications, Antenova Ltd, API Technologies Corporation, Ducommun Incorporated, AVX Antenna Inc, AH Systems Inc, AR RF/Microwave Instrumentation, FURUNO Electric Co., Ltd

Rectenna Market Highlights

The global Rectenna market is accounted for to register a CAGR of 6.4% during the forecast period and is estimated to reach USD 586.82 million by 2032.

A rectenna is a rectifying antenna, an antenna used to convert microwaves into DC power. Rectennas short for "rectifying antennas" pick up electromagnetic waves much like car antennas. When a rectenna’s antenna receives a signal, it generates oscillating charges that move through attached rectifier diodes. These rectifiers then convert these fluctuations to a direct electric current. Rectenna consists of antenna structure designed to efficiently capture RF energy from the surrounding environment. The antenna’s design is critical for maximizing energy capture efficiency, which depends on factors such as frequency, polarization and directionality of the incoming RF waves. Rectenna plays a crucial role in wireless power transfer systems, enabling the transmission of energy over long distances without the need of physical connectors or cables. This technology is gaining traction in various industries, including consumer electronics, automotive and healthcare. With the increasing demand for energy efficient solutions, rectennas are being employed to harvest energy from ambient RF sources. This can range from harvesting energy from Wi-Fi signal in urban environments to capturing energy from radio waves in remote locations. The harvested electrical energy may be stored in batteries, supercapacitors, or other energy storage devices for later use. Energy stored is particularly important in applications where the harvested energy is intermittent or where a continuous power supply is required. The harvested energy can power small electronic devices, sensors, or even low power IoT devices. As IoT continues to expand, there is a growing need for energy efficient and self-powered devices. Rectennas offer a proper solution by enabling these devices to harvest energy from their surrounding environment, reducing or eliminating the need for battery replacement.

Segment Analysis

The global Rectenna market has been segmented based on Type, Band, Application.

Based on Type, the global Rectenna market segmentation includes Radio Frequency Rectenna, Optical Rectenna. The Radio Frequency Rectenna segment held the majority share in 2022 contributing around ~98.1% to the market revenue. The simplest crystal radio receiver, which uses an antenna and a demodulating diode (rectifier) to discard the DC component before transmitting the signal to the headphones, is a rectenna.

Based on Band, the global Rectenna market segmentation includes Single Band Rectenna, Multi Band Rectenna. The Multi Band rectenna segment held the majority share in 2022 contributing around ~63.8% to the market revenue.

Based on Application, the global Rectenna market segmentation includes Application (RF Rectenna {Wireless Power Transmission, RFID, Proximity Cards, Contactless Cards, Energy Harvesting, Others}, Optical Rectenna {Automotive Charging, Aerospace & Defense, Healthcare, Consumer Electronic, Telcom, Others}).

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Rectenna Market Research Report

Regional Analysis

By Region, the study provides market insights into North America, Europe, Asia-Pacific, Middle East and Africa and South America. The North America Rectenna market accounted for ~38% in 2022. It is expected to exhibit a significant CAGR growth during the study period. North America, a significant regional market for optical rectennas, is upheld by solid technological developments, and brisk spread of wireless technologies. Extensively growing adoption of radiofrequency identification (RFID) technology at all types of security checkpoints is also predominantly driving market expansion across the North American region, especially in the US. The flourishing IoT landscape, and high growth outlook of smart/connected devices further uplifts the scope for optical rectenna penetration. Increasing Demand for IoT Devices, The increasing demand for loT devices is an opportunity for the rectenna market. IoT devices require low power consumption, and rectennas can provide a solution for wireless power transmission and energy harvesting. As the number of IoT devices continues to grow, the demand for rectennas is expected to increase. Growing Focus on Sustainable Energy Solutions The growing focus on sustainable energy solutions is also an opportunity for the rectenna market. Governments and businesses are increasingly looking for ways to reduce their carbon footprint and promote sustainability. Rectennas can help to increase the efficiency of energy harvesting and reduce the reliance on fossil fuels, making them a valuable solution for sustainable energy.

Key Findings of the Study

• The global Rectenna market is expected to reach USD 586.82 million by 2032, at a CAGR of 5.5% during the forecast period.


• The North America region accounted for the fastest-growing global market


• Murata Manufacturing Co., Ltd, CoolCAD Electronics LLC, Nihon Dengyo Kosaku Co Ltd, Allis Communications, Antenova Ltd, API Technologies Corporation, Ducommun Incorporated, AVX Antenna Inc, AH Systems Inc, AR RF/Microwave Instrumentation, FURUNO Electric Co., Ltd