Global antenna switch modules market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a considerable CAGR during the forecast period.
The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
Antenna switch module (ASM) is an electronics device which allows one to choose which antenna to use with a transceiver, receiver, or transmitter. The ASM device unites the various transmit and receive paths of separate frequency bands of multiple antennas for LTE, CDMA, UMTS, EDGE, and GSM.
A surge in the adoption of ASMs in telecommunication industry to support the telecommunication associated features in Smartphones and many other wireless devices which are connected with network is the major driving factor behind the growth of the market. A growing adoption rate of Smartphone users across the globe, rising adoption of ASMs in consumer electronics devices such as tablets and other mobile devices, growing technological advancements in 3G, 4G, and 5G network and in wireless communication technology, rising demand for ASMs in next-generation cellular handsets and rising investments in telecom equipment industry are expected to improve the growth of the market during the forecast period.
Nevertheless, high initial technological cost of ASM and high costs of various wireless applications is the major restraining factor that could hamper the growth of the market.
Global Antenna Switch Modules Market: Segmentation Analysis
By application, cell phone segment dominated the market in 2019 and is projected to witness fast growth at a CAGR of XX% during the forecast period. The ASM is deployed in RF front-end of the mobile phones to gain automatic frequency switch of device. A surge in the adoption of ASMs in Smartphone’s and other multi-band cellular phones to support their several features is accredited to the growth of the market. In addition, the demand for ASM has been increased owing to the rapid growth in cell phone market across the globe.
An increasing requirement for small size, high integration and attenuation, low insertion loss, low power consumption high isolation and high reliability based ASMs for cell phone applications is ultimately propelling the growth of the market. Growing advancements in 5G technology, rising integration of ASMs in LTE cellular standards and upcoming ICT technologies are likely to record the highest antenna switch module adoption rate, which further results into market growth.
Global Antenna Switch Modules Market: Regional Analysis
Region-wise, Asia Pacific held the largest market share in 2019 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. Countries such as China, Japan, India, and South Korea are the major key contributors behind the growth of the market. The growth is attributed to the growing market for telecommunication and consumer electronics industry across the region.
A rising sales and adoption of Smartphone’s in high populous countries such as India and China, ever-increasing inclination towards automation in the ICT domain, growing foreign direct investments (FDIs) in various industries, massive presence of telecom equipment manufacturing companies, increasing necessity of internet and rising adoption of wireless or network connected devices are driving the growth of the market in APAC region.
The objective of the report is to present a comprehensive analysis of the Global Antenna Switch Modules Market including all the stakeholders of the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Antenna Switch Modules Market dynamics, structure by analyzing the market segments and projects the Global Antenna Switch Modules Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Antenna Switch Modules Market make the report investor’s guide.
Scope of Global Antenna Switch Modules Market
Global Antenna Switch Modules Market, By Band Type
• Dual Band
• Triple Band
Global Antenna Switch Modules Market, By Application
• Cell Phones
Global Antenna Switch Modules Market, By Region
• North America
• Asia Pacific
• South America
• Middle East and Africa
Global Antenna Switch Modules Market, Key Players
• Analog Devices, Inc.
• ABACOM Technologies Inc.
• Murata Manufacturing Co.
• Qualcomm Technologies, Inc.
• TDK Electronics AG
• Infineon Technologies AG
• Skyworks Solutions, Inc.
• Qorvo, Inc.
• YAGEO Corporation
• CST Computer Simulation Technology GmbH
• Johanson Technology and
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