PUBLISHER: 360iResearch | PRODUCT CODE: 1496749
PUBLISHER: 360iResearch | PRODUCT CODE: 1496749
[193 Pages Report] The Liquid Crystal Antenna Market size was estimated at USD 75.48 million in 2023 and expected to reach USD 82.47 million in 2024, at a CAGR 9.58% to reach USD 143.25 million by 2030.
The liquid crystal antenna is a type of antenna that utilizes liquid crystal materials to change its electronic properties and, consequently, its operating properties such as frequency, polarization, and radiation pattern. The functionality of a liquid crystal antenna hinges primarily on the variable electromagnetic attributes of liquid crystals. Liquid crystal antennas are widely applied in sectors such as telecommunications, defense, consumer electronics, and satellite communication. Their end-use includes devices such as smartphones, radars, WiFi routers, satellites, and televisions. The unique properties of liquid crystal materials make these antennas highly adaptable to different wireless connectivity systems, providing flexibility and efficiency to the end-users. Increasing demand for wireless connectivity and the growing adoption of IoT devices are elevating the demand for liquid crystal antennas. Furthermore, the rapid shift towards 5G technology, owing to the increased need for high-speed and reliable wireless communication, creates a platform for market growth. High costs associated with the implementation and maintenance and technical constraints such as alignment issues of liquid crystal molecules and temperature effects hamper market growth. Continuous advancements by market vendors to improve the signal-to-noise ratio and increase the range and bandwidth of antennas are expected to create opportunities for market growth.
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 75.48 million |
Estimated Year [2024] | USD 82.47 million |
Forecast Year [2030] | USD 143.25 million |
CAGR (%) | 9.58% |
Regional Insights
The continuous expansion of the telecommunication sector with a growing emphasis on wireless connectivity is expanding the growth of the liquid crystal antenna market in the Americas. Rising military expenditure across the U.S. and Canada for communication systems and surveillance tools, with a growing emphasis on the importance of enhanced communication capabilities for troops on the ground, is expected to create a platform for market growth in the Americas. In EU countries, the market for liquid crystal antennas is rapidly evolving due to the rising development of the wireless telecommunication industry and the increasing availability of broadcasting infrastructure providers. Expanding demand for autonomous vehicles in the Middle East and Europe is driving the market growth of liquid crystal antennas. The increasing multiple government initiatives, such as Smart Nation Singapore and Smart Cities Mission India, with a growing volume of 4G & 5G smartphones, are expected to create a platform for the growth of the liquid crystal antenna in Asia-Pacific. The members of ASEAN formed a collaborative framework, the ASEAN Smart Cities Network (ASCN), to facilitate collaboration between the member states while securing funding and obtaining support from external partners. Such investments encourage installing liquid crystal antennas in Asia-Pacific.
Market Insights
The market dynamics represent an ever-changing landscape of the Liquid Crystal Antenna Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
FPNV Positioning Matrix
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Liquid Crystal Antenna Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Liquid Crystal Antenna Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments
UK Government To Provide GBP 36 Million 5G Connectivity Boost for Public Services, Transport and Creative Industries
The UK Government launched the GBP 36 million 5G Innovation Regions program to enhance advanced wireless connectivity across various sectors. The UK Telecoms Innovation Network (UKTIN) oversees a nationwide program to drive the adoption of 5G and other advanced communication technologies in diverse sectors. This comprehensive effort aims to provide local areas with faster, more reliable, and more secure connections, benefiting residents and businesses. [Published On: 2023-11-16]
Multi-Functional Locomotion of Shape-Reconfigurable Electronics
Researchers from Hanyang University have introduced a groundbreaking concept in the field of shape-reconfigurable electronics. The key to this innovation lies in a bilayer structure composed of anisotropic liquid crystalline elastomer and highly conductive Ti3C2Tx MXene. [Published On: 2023-10-26]
Avanti and StarWin Partner for Connectivity in Africa
StarWin successfully tested its Electronically Steered Phased Array Antenna (ESA) terminal, offering reliable high-speed broadband satellite communications across Africa. This cutting-edge technology caters to the needs of government, military, and enterprise customers, setting a new standard of quality and efficiency in satellite communication services. The lightweight design and easy mounting features of the Ka-band ESA terminal make it a versatile solution for various mobility requirements. This collaboration between StarWin and Avanti Communications ensures a reliable and efficient means of communication, providing seamless connectivity for users in Africa and beyond. [Published On: 2023-10-23]
Strategy Analysis & Recommendation
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Liquid Crystal Antenna Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the Liquid Crystal Antenna Market, highlighting leading vendors and their innovative profiles. These include AGC Inc., ALCAN Systems GmbH, Atlantic Microwave Limited, BOE Technology Group Co., Ltd., Celanese Corporation, Dassault Systemes S.E., Flexium Interconnect, Inc., Fujikura Ltd., Huawei Technologies Co., Ltd., Ionic Materials, Inc., Keysight Technologies, Inc., Kuraray Co., Ltd., Kymeta Corporation, Merck KGaA, Panasonic Holdings Corporation, Quectel Wireless Solutions Co., Ltd., Sharp Corporation, Shenzhen Sunway Communication Co., Ltd., Solvay SA, Spatialite Antenna Systems, SIA, Sumitomo Chemical Co., Ltd., Taoglas Limited, and The Boeing Company.
Market Segmentation & Coverage