April 16, 2024

Printed Antenna (5G connectivity) is the largest segment driving the growth of 3D Printed Antenna Market

3D printed antenna technology allows faster development of low volume, lightweight, fully customized antennas for various wireless applications including internet of things, 5G connectivity and cellular networks. 3D printed antennas offer advantages of complex geometries, multiple frequency bands, durability and cost effectiveness compared to traditionally manufactured metal 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 to 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 rising demand for customized antennas for 5G applications. With growing roll out of 5G technology globally, there is an increasing need for small cell antennas, mmWave antennas and other custom designed antennas to support higher frequency bands, advanced beamforming capabilities and higher data rates of 5G cellular networks. 3D printing allows rapid prototyping and development of such customized 5G antennas with complex geometries optimized for specific frequency bands and beamforming requirements. This is expected to drive the demand for 3D printed antennas over the forecast period.

SWOT Analysis
Strength: 3D printed antenna offers high frequency, enhanced directivity and gain. It provides flexibility in design and manufacturing complex antenna designs.

Weakness: Initial investment required for 3D printing technology is high. Designing complex antenna structures requires expertise.

Opportunity: Growing demand for IoT and 5G technologies will boost the demand for sophisticated antenna designs. Increasing investments by major players to develop advanced 3D printing techniques for antenna manufacturing.

Threats: Availability of conventional manufacturing techniques for simple antenna designs can hamper the market growth. Strict regulatory framework for frequency allocation can pose challenges.

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.Stratasys Ltd., Optomec Inc. and Optisys LLC captured over Key Takeaways

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 compact and high performing antennas in consumer electronics. 3D printing provides the flexibility to manufacture complex custom antenna designs with enhanced performance which is driving its adoption.

Regional analysis: North America dominated the global market in 2022 due to rapid technological advancements and heavy investments by communication technology companies in the region for developing next-gen wireless solutions. Asia Pacific is expected to be the fastest growing region during the forecast period owing to rising demand for high-speed internet connectivity from various industries in emerging economies like China and India.

*Note:

  1. Source: Coherent Market Insights, Public sources, Desk research
  2. We have leveraged AI tools to mine information and compile it