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Global Helical Antenna Market Growth (2022- 2028): According to our latest market study on “Helical Antenna Market Forecast to 2027 – COVID-19 Impact and Global Analysis – By Type (Monopole, Dipole); Application (Smart Metering, Smart Security Systems, Remote Asset Monitoring, Others), and Geography,” the market was valued at US$ 780.1 million in 2019 and is projected to reach US$ 1,074.0million by 2027; it is expected to grow at a CAGR of 5.5% from 2020 to 2027.
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List Of TOP KEY PLAYERS in Helical Antenna Market Report are – Comsol Inc., Cobham PLC, Professional wireless systems, Mobile Mark Inc., Pulse Electronics, PCTEL Inc., Raltron Electronic Corporation, Taoglas, Tallysman, and Wade Antenna Inc. are among the key players that are profiled during this market study.
Synopsis Of Helical Antenna Market :
The antenna manufacturing industry is heavily dependent on manual labor. In the wake of strong lockdown regulations imposed by the majority of the countries across the world, the antenna equipment manufacturing sector is experiencing a lower number of labors in respective manufacturing facilities. However, several governments are deprioritizing antenna spending, owing to the emergence of pandemic; instead, a majority of the governments are focusing on investing toward combatting the spread of virus. This factor is also anticipated to weaken the production of various antenna equipment during 2020, thereby hindering the growth of helical antenna market.
With an estimated installed base of more than 1.3 billion gas and electricity metering units, Asia-Pacific constitutes the world’s largest and fastest-growing smart metering industry. The region’s annual electricity meter demand is 110–200 million units, with China accounting for ~70% of the volume. In terms of smart metering deployments, the AsiaPacific is highly fragmented, and regional markets can be divided into three general groups. The first wave deployments of smart electricity meters have been completed by two countries: China and New Zealand. Second wave deployments are already underway in China and are soon to commence in New Zealand. These factors are anticipated to boost helical antenna market.
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The antenna manufacturing industry is heavily dependent on manual labor. In the wake of strong lockdown regulations imposed by the majority of the countries across the world, the antenna equipment manufacturing sector is experiencing a lower number of labors in respective manufacturing facilities. However, several governments are deprioritizing antenna spending, owing to the emergence of pandemic; instead, a majority of the governments are focusing on investing toward combatting the spread of virus. This factor is also anticipated to weaken the production of various antenna equipment during 2020, thereby hindering the growth of helical antenna market.
In terms of type, the monopolesegment captured a larger share of the global helical antenna market in 2019. Further, various companies are highly involved in offering monopole helical antenna. For instance, Taoglas offers a compact HA.21 868MHz 2dBi Helical Monopole Antenna. The helical coil antenna is best for 868MHz applications, including smart metering, smart security systems, remote asset monitoring, and other wireless communication devices. Thus, continuous product development and the presence of significant players providing monopole helical antenna are likely to surge the helical antennamarket growth during the forecast period.
Based on application, the helical antenna market is segmented into smart metering, smart security systems, and remote asset monitoring. The smart security systems segment is estimated to grow at the highest CAGR in the helical antenna market during the forecast period. The rise in urbanization and infrastructural development is demanding smart security systems. They are used for several applications, such as commercial, residential, and industrial sectors, for security purposes. For instance, in wellbore monitoring applications and harsh environmental conditions that can restrict the application of complex electronics and instrumentation. Thus, for monitoring such conditions, the government and the private sector are investing in helical antennas. The smart meteringsegment is estimated to hold the largest share of the helical antenna market in 2019.
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Key findings of the study:
The helical antenna market is experiencing significant growth owing to the rising space exploration initiatives undertaken by the government as well as corporates. Further, the corporates and capital firms are increasingly investing in R&D, has led to innovative development of helical antennas, which has led to the wide application of these antennas. A few of the recent developments in the helical antenna market are listed below:
2020:Taoglas, collaborated with Arrow Electronics. This collaboration have new worldwide distribution agreement focused on AI and IoT products and services. 2019:COMSOL Inc. declared that the MTC has joined the rank of its global list of Certified Consultants. With a COMSOL Certified Consultant, MTC expanded into industries such as automotive, aerospace, food, electronics, and construction that need to incorporate multiphysics simulation in their research and development, manufacturing, and production to boost their competitiveness, reduce costs and time to market. 2019:Yageo Corporation (“Yageo”), declared the acquisition of 100% of shares in Pulse Electronics in May 2018. Yageo’s strong customer relationships and well established presence in Greater China, Pulse extended its sales coverage and strengthen its customer services.
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