Asia Pacific Base Station Antenna Market Size & Outlook
Asia Pacific base station antenna market, 2018-2030 (US$M)
Related Markets
Asia Pacific base station antenna market highlights
- The Asia Pacific base station antenna market generated a revenue of USD 2,698.2 million in 2023.
- The market is expected to grow at a CAGR of 18.1% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating offering in 2023.
- Services is the most lucrative offering segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 2,698.2 million |
| Market revenue in 2030 | USD 8,667.4 million |
| Growth rate | 18.1% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Services |
| Key market players worldwide | Amphenol Corp Class A, Comba Telecom Systems Holdings Ltd, CommScope Holding Co Inc, Huawei Technologies, Telefonaktiebolaget L M Ericsson ADR, Tongyu Communication, Radio Frequency Systems, Kaelus |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 32.0% of the global base station antenna market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,667.4 million by 2030.
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Base Station Antenna Market Scope
Base Station Antenna Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific base station antenna market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to base station antenna market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 68.44% in 2023. Horizon Databook has segmented the Asia Pacific base station antenna market based on hardware, services covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific base station antenna market has witnessed a surge in growth opportunities owing to the rapid deployment of 5G networks in recent years. The presence of several regional manufacturers such as Huawei and ZTE Corporation has been central to this growth.
Huawei has strategically invested in massive Multiple Input, Multiple Output (MIMO) technology, as demonstrated in its Cloud AIR solution, to benefit from the growing set of opportunities in 5G networks. Huawei's Cloud AIR employs advanced base station antennas, optimizing spectrum utilization and enhancing network performance.
Similarly, ZTE Corporation has been actively contributing to the 5G ecosystem in Asia Pacific ZTE Corp RAN solution incorporates intelligent antennas to improve coverage and capacity. This innovation aligns with the industry's trend toward beamforming, a technique that optimizes signal strength and reduces interference in densely populated urban environments.
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Our clientele includes a mix of base station antenna market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific base station antenna market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific base station antenna market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific base station antenna market size, by country, 2018-2030 (US$M)
Asia Pacific Base Station Antenna Market Outlook Share, 2023 & 2030 (US$M)
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