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The 3D printed antenna market involves manufacturing and utilization of 3D printers for designing and fabricating antennas. 3D printed antennas offer advantages such as lightweight, customized design and low-cost fabrication in small volumes. With increasing adoption of internet of things and 5G technologies, demand for 3D printed antennas is growing owing to their benefits over traditionally manufactured antennas.
The global 3D Printed Antenna Market is estimated to be valued at US$ 1.7 Bn in 2023 and is expected to exhibit a CAGR of 16% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends in the 3D printed antenna market is the miniaturization of antennas. With evolution of technologies such as 5G and internet of things, there is a need for antennas to be compact in size as devices are increasingly becoming smaller. 3D printing helps in designing miniature antennas with complex geometries that cannot be produced through traditional methods. Additionally, 3D printing enables fabrication of antennas with customizable frequencies for various applications such as WiFi, Bluetooth, GPS etc. This allows a single antenna to serve multiple frequencies. Also, 3D printing makes it economical to produce antennas in low volumes for customized solutions.
Segment Analysis
The 3D printed antenna market is segmented by type as Inset Fed Patch Antenna and Cable Fed Antenna. The inset fed patch antenna segment dominated the market in 2022 and is expected to continue its dominance during the forecast period. Inset fed patch antennas offer better radiation characteristics compared to cable fed antennas as the former prevents electromagnetic interference and crosstalk from the feed cable.
Key players
Key players operating in the 3D printed antenna market are Optisys LLC, Optomec Inc., Stratasys Ltd., Nano Dimension Ltd., Voxel8, CRP Technology, The ExOne Company, Materialise NV, EOS GmbH, SABIC, HP Inc., GE Additive, and Markforged. Major players are focusing on new product launches and investments in R&D to strengthen their market position. In January 2022, Optisys LLC launched a new line of 3D printed antennas to meet the needs of next-gen wireless networks.
Regional analysis
North America dominated the 3D printed antenna market in 2022 and is expected to continue its dominance during the forecast period. This is attributed to the growing deployment of 5G networks and increasing investments in space exploration activities by countries in the region such as the US. Asia Pacific is expected to be the fastest growing region owing to rising industrial automation and advancement of wireless technologies in countries such as China and India.
Key Takeaways
The global 3D printed antenna market is expected to witness high growth, exhibiting a CAGR of 16% over the forecast period, due to increasing demand for lightweight antennas with customized radiation patterns from industries such as aerospace & defense, healthcare, automotive, and consumer electronics.
*Note:
- Source: Coherent Market Insights, Public sources, Desk research
- We have leveraged AI tools to mine information and compile it
