Global P2P Antennas Market Overview:
P2P Antennas Market Size was valued at USD 4.05 Billion in 2023. The P2P Antennas market industry is projected to grow from USD 4.32 Billion in 2024 to USD 6.86 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.93% during the forecast period (2024 - 2032). Increased internet usage among individuals and businesses and increasing technological advancements are the key market drivers incorporating market growth.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
P2P Antennas Market Trends
-
The growing adoption of 5G technology is driving the market growth
Market CAGR for P2P antennas is driven by the rising adoption of 5G technology. 5G technology has revolutionized the telecommunications industry, offering faster data speeds, lower latency, and increased network capacity. This development has significantly impacted the P2P antenna market. 5G networks require the dense deployment of small cells and base stations, creating a need for reliable and efficient point-to-point communication between these network elements. P2P antennas have emerged as a vital component in 5G infrastructure, enabling high-speed data transmission between base stations, small cells, and other network devices. These antennas facilitate direct communication links, reducing latency and enhancing network performance. As 5G networks expand globally, the demand for P2P antennas is expected to grow substantially.
The proliferation of IoT devices has witnessed exponential growth, with various sectors embracing this technology for enhanced connectivity and efficiency. IoT applications like smart cities, industrial automation, and connected vehicles rely on seamless data transfer between devices. P2P antennas are crucial in establishing direct connections between IoT devices, ensuring reliable and secure communication. The increasing number of IoT deployments across diverse industries drives the demand for P2P antennas. These antennas enable efficient device-to-device communication, reducing the need for data routing through centralized hubs. As IoT ecosystems expand, the demand for P2P antennas will continue to surge, supporting seamless data transmission in the connected world.
Millimeter wave (mm-Wave) technology has gained significant attention recently for its potential to enable high-speed wireless communication. Mm Wave frequencies offer vast bandwidths, allowing for faster data transfer rates. However, these higher frequencies face challenges related to signal attenuation and shorter transmission distances. P2P antennas are vital in mitigating these challenges associated with mm-Wave technology. These antennas are designed to operate at higher frequencies, supporting the transmission of mm-Wave signals over short distances. With ongoing research and development efforts, the performance of P2P antennas in mm-Wave applications is continually improving, driving the adoption of this technology in various sectors.
The global P2P antenna market is experiencing significant growth, fueled by the increasing adoption of 5G technology, the rise of IoT applications, and advancements in mm-Wave technology. These trends highlight the importance of P2P antennas in facilitating direct device-to-device communication, enabling faster data transfer, and supporting the seamless functioning of modern wireless networks, driving the P2P Antennas market revenue.
P2P Antennas Market Segment Insights:
P2P Antennas Type Insights
The P2P Antennas Market segmentation, based on type, includes parabolic antennas, flat-panel antennas, and yagi antennas. The parabolic antennas segment dominated the market. They feature a curved, reflective surface that focuses incoming radio waves onto a small feed antenna, which converts the signals into electrical currents. Parabolic antennas are known for their high gain, long-range capabilities, and narrow beam width, which allows for focused and efficient signal transmission. They are commonly used in satellite communication, wireless backhauls, and long-distance wireless links.
P2P Antennas Polarization Insights
The P2P Antennas Market segmentation, based on polarization, includes Single-polarized antennas and Dual-polarized antennas. The single-polarized antennas category generated the most income. These antennas provide reliable communication for point-to-point connections by focusing the energy in different directions. Single-polarized antennas are commonly used in various applications, such as wireless backhaul, satellite communication, and long-distance wireless links. They offer cost-effective solutions for point-to-point connectivity with simplified installation and maintenance requirements.
P2P Antennas Diameter Insights
The P2P Antennas Market segmentation, based on Diameter, includes 2 meters to 0.9 meters, 0 meters to 3.0 meters, and 1 meter to 4.6 meters. The 2 meters to 0.9 meters category generated the most income. It encompasses smaller-sized P2P antennas. These antennas are generally used for short-range communication applications, such as wireless LAN connectivity or point-to-point links within a small geographic area. They are compact, cost-effective, and suitable for deployments where space is limited.
P2P Antennas Frequency Range Insights
The P2P Antennas Market segmentation, based on frequency range, includes 0 GHz to 9.9 GHz, 0 GHz to 29.9 GHz, and 0 GHz to 86.0 GHz. The 0 GHz to 9.9 GHz segment dominated the market. These antennas, such as wireless local area networks and Bluetooth devices, are commonly used for short-range communication. They are also suitable for various industrial, scientific, and medical (ISM) applications. The increasing adoption of wireless connectivity in consumer electronics and industrial automation drives the demand for P2P antennas in this frequency range.
P2P Antennas Application Insights
The P2P Antennas Market segmentation, based on application, includes telecommunication, commercial, military & defense, satellite, and others. The telecommunication category generated the most income. The antennas are used in various applications such as wireless backhaul, last-mile connectivity, and network extension. With the growing demand for high-speed data transmission and increased network coverage, the telecommunication segment is expected to grow significantly in the P2P antenna market.
Figure 1: P2P Antennas Market, by Application, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
P2P Antennas Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American P2P Antennas market area will dominate this market due to the presence of several key market players, technological advancements, and the early adoption of advanced communication technologies. The demand for high-speed internet connectivity and the widespread use of wireless networks across various industries, such as telecommunications, defense, and transportation, are driving the growth of the P2P antenna market in this region.
Further, the major countries studied in the market report are The US, Canada, German, France, the U.K., Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.s
Figure 2: P2P Antennas Market SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe's P2P Antennas market accounts for the second-largest market share due to the rising need for advanced communication infrastructure, including 5G networks, Internet of Things applications, and smart city initiatives. Moreover, stringent regulations regarding the use of wireless communication devices and the increasing demand for high-bandwidth connectivity solutions in industries such as automotive, healthcare, and aerospace are further propelling the market growth in Europe. Further, the German P2P Antennas market held the largest market share, and the UK P2P Antennas market was the rapidly growing market in the European region.
The Asia-Pacific P2P Antennas Market is expected to grow fastest from 2023 to 2032. It is due to the rising adoption of 5G networks, the expansion of wireless infrastructure, and the penetration of smartphones and other connected devices fueling the demand for P2P antennas in the region. Additionally, a large population and rapid urbanization are driving the growth of smart city projects, further contributing to the demand for P2P antennas in the Asia Pacific. Moreover, China’s P2P Antennas market held the largest market share, and the Indian P2P Antennas market was the fa growing market in the Asia-Pacific region.
P2P Antennas Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development to expand their product lines, which will help the P2P Antennas market grow even more. Market participants are also undertaking several strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the P2P Antennas industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the global P2P Antennas industry to benefit clients and increase the market sector. The P2P Antennas industry has offered some of the most significant medical advantages in recent years. Major players in the P2P Antennas market, including COMBA Telecom Systems Holdings (Hong Kong), CommScope Inc. (U.S.), Ericsson (Sweden), Cambium Networks (U.S.), Amphenol Corporation (U.S.), Laird Technologies (U.S.), TONGYU Communication (China), Rosenberger (Germany), Radio Frequency Systems (Germany), MOBI Antenna Technologies (China), SHENGLU (China), MWAVE Industries (U.S.), TRANGO Networks LLC. (U.S.), Infinite Electronics International (U.S.), Kavveri Telecom (India), and others are attempting to increase market demand by investing in research and development operations.
Lars Magnus Ericsson's Ericsson, founded in 1876 in Kista, Stockholm, Sweden, is a Swedish international networking and telecommunications company. It sells infrastructure, software, and services for telecommunication providers and enterprises. Its products include mobile & fixed broadband networks, consultancy & managed services, and T.V. & multimedia technology. It has been a major contributor to the development of the telecommunications industry and is a major player in 5G. It has bought Kathrein's Antenna and Filter division, Germany's leading antenna and filter technology developer.
Arthur J. Schmitt's Amphenol Corporation, founded in 1932 in Wallingford, Connecticut, U.S., produces electronic and fiber optic connectors, cable, and interconnect systems. Its products include coaxial cables and connectors. It sells its products into diverse electronic markets, military aerospace, industrial, automotive, information technology, wireless infrastructure, broadband, medical, and many more.
Key Companies in the P2P Antennas market include
-
COMBA Telecom Systems Holdings (Hong Kong)
-
CommScope Inc., (U.S.)
-
Ericsson (Sweden)
-
Cambium Networks (US)
-
Amphenol Corporation (U.S.)
-
Laird Technologies (U.S.)
-
TONGYU Communication (China)
-
Rosenberger (Germany)
-
Radio Frequency Systems (Germany)
-
MOBI Antenna Technologies (China)
-
SHENGLU (China)
-
MWAVE Industries (U.S.)
-
TRANGO Networks LLC. (U.S.)
-
Infinite Electronics International (U.S.)
-
Kavveri Telecom (India)
P2P Antennas Industry Developments
The Pollen Mobile is a peer-to-peer open-source wireless network that will reward its users with cryptocurrency for running their own mini cell towers and building out the network’s coverage in the Bay Area, where it is initially launching. Pronto AI, Anthony Levandowski’s autonomous vehicle technology startup, is behind this initiative. Levandowski, an autopreneur of self-driving cars who has always created controversy since his early days, was given clemency last year by Donald Trump after he was sentenced to 18 months in prison for stealing trade secrets.
November 2023: Cisco introduced Catalyst 9166D1 as its latest Wi-Fi 6E-certified AP in November 2023, which makes it much easier to bring excellent 6 GHz Wi-Fi services everywhere, even in locations with high ceilings or long corridors. Cisco said this new AP provides nearly 8 Gbps of data rate and enhances Wi-Fi signals by up to 8 dBi through integrated directional antennas. It is also the first unit of its kind available on the market today. Enterprise 6 GHz Wi-Fi networks are popping up all over, but the FCC hasn't made deploying Wi-Fi 6E service into locations with high ceilings, like auditoriums or arenas, easy. For such instances, most WI-FI engineers prefer external directional antennas so that signal reach can be extended, but Wi-Fi 6E and Indoor Low Power (ILP) regulations do not allow for this.
P2P Antennas Market Segmentation:
P2P Antennas Type Outlook
-
Parabolic Antennas
-
Flat-panel Antennas
-
Yagi Antennas
P2P Antennas Polarization Outlook
P2P Antennas Diameter Outlook
-
2 meters to 0.9 meters
-
0 meters to 3.0 meters
-
1 meter to 4.6 meters
P2P Antennas Frequency Range Outlook
-
0 GHz to 9.9 GHz
-
0 GHz to 29.9 GHz
-
0 GHz to 86.0 GHz
P2P Antennas Application Outlook
-
Telecommunication
-
Commercial
-
Military & Defense
-
Satellite
-
Others
P2P Antennas Regional Outlook
-
Germany
-
France
-
UK
-
Italy
-
Spain
-
Rest of Europe
-
China
-
Japan
-
India
-
Australia
-
South Korea
-
Australia
-
Rest of Asia-Pacific
-
Middle East
-
Africa
-
Latin America
Report Attribute/Metric |
Details |
Market Size 2023 |
USD 4.05 Billion |
Market Size 2024 |
USD 4.32 Billion |
Market Size 2032 |
USD 6.86 Billion |
Compound Annual Growth Rate (CAGR) |
5.93% (2024-2032) |
Base Year |
2023 |
Market Forecast Period |
2024-2032 |
Historical Data |
2018- 2022 |
Market Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Type, Polarization, Diameter, Frequency range, Application, and Region |
Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
Countries Covered |
The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled |
COMBA Telecom Systems Holdings (Hong Kong), CommScope Inc. (U.S.), Ericsson (Sweden), Cambium Networks (U.S.), Amphenol Corporation (U.S.), Laird Technologies (U.S.), TONGYU Communication (China), Rosenberger (Germany), Radio Frequency Systems (Germany), MOBI Antenna Technologies (China), SHENGLU (China), MWAVE Industries (U.S.), TRANGO Networks LLC. (U.S.), Infinite Electronics International (U.S.), Kavveri Telecom (India) |
Key Market Opportunities |
propelling the need for high-speed communication systems from the sectors such as military and defense |
Key Market Dynamics |
Increase in usage of the internet among individuals and businesses. |
P2P Antennas Market Highlights:
Frequently Asked Questions (FAQ) :
The P2P Antennas Market size was valued at USD 4.05 Billion in 2023.
The global market is projected to grow at a CAGR of 5.93% during the forecast period, 2024-2032.
North America had the largest share of the global market.
The key players in the market are COMBA Telecom Systems Holdings (Hong Kong), CommScope Inc. (U.S.), Ericsson (Sweden), Cambium Networks (U.S.), Amphenol Corporation (U.S.), Laird Technologies (U.S.), TONGYU Communication (China), Rosenberger (Germany), Radio Frequency Systems (Germany), MOBI Antenna Technologies (China), SHENGLU (China), MWAVE Industries (U.S.), TRANGO Networks LLC. (U.S.), Infinite Electronics International (U.S.), Kavveri Telecom (India).
The category dominated the market in 2022.
They had the largest share in the global market.
They had the largest share in the global market.
They had the largest share in the global market.
They had the largest share in the global market.