Market Overview:
3D printed antennas are gaining popularity owing to their compact size and customizability. They can be designed and produced according to the required specifications including shape, size and frequency range. This enables the development of sophisticated and specialized communication devices integrating precise and intricate 3D printed antenna designs.
Market key trends:
The rise of connected devices in IoT landscape is propelling the demand for Global 3d Printed Antenna Market. As billions of devices get connected to transmit and receive data wirelessly, there is a growing need for integrated, customized and high performance antennas. 3D printing allows for production of such complex antennas suited for diverse IoT devices in a cost-effective and time-efficient manner compared to conventional fabrication methods. This trend is expected to significantly drive the growth of 3D printed antenna market during the forecast period.
Segment Analysis
The global 3D printed antenna market is segmented by technology, type and end-use. Based on technology, the market is classified into fused deposition modeling (FDM), selective laser sintering (SLS), stereolithography (SLA) and others. Among these, FDM segment held the largest market share in 2022 owing to its simplicity, wide material choice and low production cost. FDM technology allows using regular thermoplastics like ABS, PLA and polycarbonate to 3D print antennas with good conductivity and performance.
Key Takeaways
The global 3D printed antenna market is expected to witness high growth, exhibiting CAGR of 16% over the forecast period, due to increasing demand for miniaturized advanced 5G communication networks.
Regional analysis
The US held the largest share of the 3D printed antenna market in 2022 accounting for around 35% of global revenue. This is attributed to increasing investments in research & development of advanced wireless technology in the country. The Asia Pacific region is expected to grow at the fastest pace during the forecast period owing to rising adoption of 5G technology in China, Japan and India.
Key players
Key players operating in the 3D printed antenna market are Optisys LLC, Optomec Inc., Stratasys Ltd., Nano Dimension Ltd., Voxel8, Optomec Inc. , Hanson Robotics, CRP Technology, The ExOne Company, Materialise NV, EOS GmbH, SABIC, HP Inc., GE Additive, Markforged. Stratasys Ltd. held the largest market share in 2022 due to its strong portfolio of thermoplastics material-based 3D printing solutions for antenna applications.
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