The global helical antenna market was valued at approximately US$ 780.1 million in 2019 and is projected to grow to US$ 1,074.0 million by 2027, reflecting a compound annual growth rate (CAGR) of 5.5% from 2020 to 2027.
This market is witnessing substantial growth driven by increasing space exploration efforts from both governmental and corporate sectors. Additionally, heightened investments from corporations and venture capitalists in research and development have spurred innovative advancements in helical antennas, leading to their broader application across various fields. The rising prevalence of connected devices, augmented defense and homeland security budgets, and the development of smart cities are also significant factors anticipated to boost the helical antenna market. Nonetheless, the volatility in raw material prices poses a considerable challenge to the market's expansion.
In 2019, Europe dominated the global helical antenna market, primarily due to supportive government policies and a favorable attitude towards adopting new technologies. The region's strong digital infrastructure and the presence of key market players have further facilitated the growth of the helical antenna sector. North America ranks as the second-largest market for helical antennas.
The helical antenna market is categorized based on type, application, and geographical region. In terms of type, the market is divided into monopole and dipole antennas. A helical antenna is essentially a hybrid of a loop antenna and a dipole antenna, consisting of a conducting wire coiled in a helical shape. Typically, it is installed over a ground plane, with a feed line connecting the base of the helix to the ground plane. These antennas are commonly utilized in compact designs for portable and mobile two-way radios, as well as for Ultra High Frequency (UHF) television broadcasting. Furthermore, advancements in technology, particularly the development of advanced helical antennas, are expected to drive demand in the near future.
Key players in the helical antenna market include Comsol Inc., Cobham PLC, Professional Wireless Systems, Mobile Mark Inc., Pulse Electronics, PCTEL Inc., Raltron Electronic Corporation, Taoglas, Tallysman, and Wade Antenna Inc.
Impact of the COVID-19 Pandemic on the Helical Antenna Market
The COVID-19 pandemic has had a profound impact on the global landscape, significantly affecting numerous industries, including the antenna sector. Prior to the pandemic, the antenna industry was on a growth trajectory in terms of production and service delivery. However, the onset of COVID-19 has severely disrupted supply chains and manufacturing processes for antenna equipment.
The antenna manufacturing sector relies heavily on manual labor. With stringent lockdown measures implemented in many countries, the workforce available for manufacturing has drastically decreased. Additionally, many governments have shifted their focus away from antenna-related expenditures to prioritize investments aimed at combating the pandemic. This shift is expected to further hinder the production of various antenna equipment throughout 2020, thereby stalling the growth of the helical antenna market.
The overall size of the helical antenna market is determined through a combination of primary and secondary research methods. The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data relevant to the helical antenna market. This research also includes an overview and forecast of the global helical antenna market segmented by five primary regions: North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. Furthermore, primary interviews with industry participants and experts are conducted to validate and analyze the collected data. Participants in this process include industry professionals such as vice presidents, business development managers, market intelligence managers, and national sales managers, as well as external consultants like valuation experts, research analysts, and key opinion leaders specializing in the helical antenna market.