Innovation in Technology Spurs Smart Antenna Market

Posted by Deeksha on January 10th, 2019

Owing to smartphones being in vogue the popularity of smart antenna has augmented tremendously. Soaring demand for smart antenna could be attributed to its sheer functions such as inbuilt GPS capabilities, internet applications, high data processing capabilities along with features such as voice message and SMS. These insights are according to the report titled, “Smart Antenna Market—Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2026,” which has been lately incorporated in the repository of Market Research Hub (MRH). Besides, technology advancement and massive investments are bolstering the smart antenna market.

The most sought after market of the smart antenna is North America followed by Europe. The former region has witnessed high demand for ultra-wideband and radio frequency technologies. To put in perspective, the region has witnessed splendid innovations in technology. On the other hand, progress in the domain of wireless connectivity has paved way to the increase in the demand for smart antenna in European region. On account of demand for data transmission in advanced communication system with swift web browsing and downloading speed has resulted in surge in the demand to ameliorate wireless transmission efficiency in India and China. The smart antenna market is expected to register a compound annual growth rate of around 8% during the assessment period 2018-2016.

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Smart Antenna Market: Report Content

The report offers a comprehensive analysis on smart antenna market through a thorough analysis on the drivers, opportunities, trends and restraints having significant impact on the growth of the market. The report also segments the market on the basis of type and end-use industry.

With respect to type, the market is segmented into resistive SFCL, shielded-core SFCL and saturable-core SFCL while on the basis of end-use industry, the report covers oil & gas, power station, transmission & distribution grid and others. Regionally, the report includes North America, South America, Asia Pacific, Europe and Middle East & Africa.

The last section of the report incorporates Porters’ Five Forces analysis to provide a comprehensive view of the competitive scenario of the market. Prominent players have been analyzed on the basis of financial overview, business strategies, company overview and recent developments. Some of the prominent companies in the superconducting fault current limiter market are Toshiba Corporation, American Superconductor (AMSC), Northern Powergrid, ABB Ltd., to name a few.

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Smart Antenna Market: Research Methodology

The report provides a robust research methodology incorporating secondary and primary research. The analysis in the report is on account of secondary research, primary interviews and reviews by expert panel. The report has been prepared on the basis of absolute dollar analysis which has often been overlooked. Further, the report takes PESTLE analysis and value chain analysis into consideration.

The secondary research include trade journals, financial reports, SEC filings, broker reports, company websites, Factiva, statistical database and industry white paper. Besides, it also incorporates national government documents, press releases, news articles and internal & external proprietary databases. The primary research incorporate surveys, e-mail interaction, interviews analysis of seasoned analyst, trade associations and phonic interviews.  To provide the readers with an honest report, expert panel assesses the data collated from different sources.