3D printed antennas provide several advantages over conventional antennas including customizable designs, lightweight properties, and lower production costs. With miniaturization of devices, there is a need for compact yet high performance antennas. The global 3D Printed Antenna Market is estimated to be valued at US$ 1.7 Bn in 2024 and is expected to exhibit a CAGR of 16% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends: The increasing adoption of 3D printing technology across diverse industries has been a key growth driver for the 3D printed antenna market. 3D printing helps fabricate complex antenna structures that are not possible through conventional manufacturing methods. This has enabled the development of new innovative antenna designs with improved performance metrics like better data transmission rates and wider coverage area. The customizable 3D printed antennas allow wireless device manufacturers to integrate customized antenna solutions as per specific application requirements rather than relying on standard off-the-shelf antenna models. This has further augmented the demand for 3D printed antennas.
Segment Analysis
The global 3D printed antenna market is dominated by type sub-segment for its wide range of use in various applications. 3D printed antennas find widespread usage in smartphone devices owing to the ease of integrating customized antenna designs and shapes using 3D printing technology. The technology enables designing antennas as per frequency range and radiation pattern requirements.
Key Takeaways
The global 3D printed antenna market is expected to witness high growth during the forecast period of 2023 to 2030.
Regional analysis shows that North America region currently dominates the market due to heavy investments by key players in the region forwireless communication infrastructure development. Europe and Asia Pacific regions are also growing rapidly with countries like China and India emerging as high potential markets, supported by growing adoption of IoT devices and smartphones.
Key players operating in the 3D printed antenna market are Optisys LLC, Optomec Inc., Stratasys Ltd., Nano Dimension Ltd., Voxel8, CRP Technology, The ExOne Company, Materialise NV, EOS GmbH, SABIC, HP Inc., GE Additive, and Markforged. Optisys LLC holds a leading position with its range of customized 3D printed antennas for commercial and defense applications. Stratasys Ltd. also has a strong presence offering multi-material 3D printing solutions for prototypes and production-grade antennas.
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- Source: Coherent Market Insights, Public sources, Desk research
- We have leveraged AI tools to mine information and compile it