The Europe Base Station Antenna Market would witness market growth of 16.5% CAGR during the forecast period (2023-2030).
There is a rising focus on sustainability and energy efficiency, as evidenced by the creation of base station antennas with lower power requirements and the integration of renewable energy sources. The shift toward these antennas integrating sophisticated antennas will also fuel market growth. Reduced congestion, increased efficiency, and improved network coverage can be achieved with several antennas combined on a single pole or tower.
Operators will be needed to deploy more antennas in a small space, hence advanced antenna integration will be crucial for the creation of 5G networks. The market is also being significantly boosted by small cell technology. Typical macro cells won't be able to handle the load as network traffic grows. Small cells offer a resolution to this problem by allowing operators to expand coverage and capacity in cities, buildings, and other constrained situations.
Effective base station antennas will be needed to handle the increased deployment density as the demand for tiny cells grows. Omnidirectional antennas are being introduced by a number of base station antenna system vendors worldwide in order to facilitate the development of 5G networks with improved connectivity.
The European Commission saw the potential of 5G early on, and to hasten research and innovation in 5G technology, it established a public-private partnership (5G-PPP) on the subject in 2013. Through the Horizon 2020 Program, the European Commission (EC) has committed to contributing more than USD 741.6 million in public funding to support this effort. Approximately €1 billion in EU funds was made available under the Horizon 2020 initiative, with a significant amount going toward investments in healthcare, under the European Commission's Digitizing European Industry (DEI) priority area. According to the action plan, 5G services should be accessible in all EU Member States by the end of 2020. In turn, this will lead to a rise in IoT device usage in the region, thus bolstering the demand. As a result, this region's market will expand in the years to come.
The Germany market dominated the Europe Base Station Antenna Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,557.8 million by 2030. The UK market is exhibiting a CAGR of 15.6% during (2023 - 2030). Additionally, The France market would exhibit a CAGR of 17.4% during (2023 - 2030).
Based on Offering, the market is segmented into Hardware (Omni-Directional Antenna, Sector Antenna, Multibeam & Dipole Antenna, Small Cell and Others) and Services. Based on Technology, the market is segmented into 4G/LTE, 3G and 5G. Based on Application, the market is segmented into Mobile Communication, Intelligent Transport, Military & Defense, Industrial IoT, Smart City and Others. Based on Provision, the market is segmented into Urban, Semi-Urban and Rural. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Base Station Antenna Market is Projected to reach USD 25.2 Billion by 2030, at a CAGR of 17%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Procom, CommScope Holding Company, Inc., Huawei Technologies Co., Ltd., Nokia Corporation, Amphenol Corporation, Comba Telecom Systems Holding Ltd., Baylin Technologies, Inc., Ace technologies Corporation, Rosenberger Hochfrequenztechnik GmbH and PCTEL, Inc.
By Offering
By Technology
By Application
By Provision
By Country
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