How big is the Antenna Market | Global Value & Industry Outlook 2025

Q: What is the projected value of the antenna market by 2031?

The market is anticipated to surpass USD 29.2 billion by 2031.

Q: What factors are influencing the growth of antenna industry?

Increased use of antennas in smart devices and automotive applications is one of the primary factors influencing antenna market growth.

Q: What was the estimated antenna market size in 2024?

In 2024, antenna market was estimated to reach USD 18.7 billion.

Q: Which industries are key contributors to antenna market demand?

Telecommunications, automotive, consumer electronics, and healthcare industries are some of the primary demand centers.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA5112

Publication Date: Jul 2025

How Big Is the Antenna Market?

According to 6Wresearch internal database and industry insights, the Global antenna market was estimated to reach USD 18.7 billion in 2024 and is expected to reach around USD 29.2 billion by 2031, potentially growing at a CAGR of 9.1%.

Major factors contributing to this robust expansion include rising deployment of 5G infrastructure, increased use of antennas in smart devices and automotive applications, demand for high-frequency components in defense and satellite communication, and rapid urbanization accelerating wireless communication systems across sectors.

Growth Factors of the Antenna Market

Escalating 5G network rollouts demanding compact and high-efficiency antennas.
Growing IoT penetration in industrial automation and smart cities.
Propagation of satellite-based communication and earth observation services.
Surge in connected vehicles and autonomous driving technologies.
Heightened demand for multi-band antennas in smartphones and wearables.
Development of advanced antenna arrays supporting beamforming and MIMO systems.

Antenna Market Trends

The antenna market is witnessing a transformation with the emergence of phased array technology, integration of antennas into compact modules, and growing preference for smart reconfigurable surfaces. Innovations in metamaterials, flexible antennas for wearables, and energy-efficient passive beam-steering designs are creating new opportunities.

Emerging Developments in Antenna Market

Advancements in the antenna industry are reshaping connectivity across telecommunications, defense, automotive, and healthcare sectors. The trend is shifting toward software-defined and tunable antennas that allow dynamic performance adjustments. The adoption of AI in antenna design and testing, miniaturized components for drones and AR/VR headsets, and hybrid antennas with multi-standard compatibility are setting the direction for next-generation communication systems.