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According to our latest market study by The Insight Partners 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.the antenna industry was experiencing substantial growth in terms of production and services; however, the outbreak of the virus has tremendously disrupted the supply chain and manufacturing of antenna equipment

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.

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Mounting adoption of connected devices is supporting the growth of helical antenna market

Helical antennas are conventionally used for radio in automobile, but with the automotive industry inclining toward autonomous vehicles, these antennas are finding new applications in automobile. For instance, Helix technologies Ltd. a British developer of high performance helix antenna, raised around US$ 800,000to increase the development of helical antenna, which has wide application in autonomous vehicle, drones, IoT, and machine-to-machine communication.

The helical antennas are also used in RFID technology; with the rising implementation of RFID in asset tracking from manufacturing, commercial, distribution and retail to smart clothing and wearable, the industry is expected to witness huge adoption of helical antennas. Further, with an increase in adoption of IoT across all the industry vertical to improve efficiency and to save cost is among other factors that is fuelling the growth 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.

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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.

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Key findings of the study:

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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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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