Global Yagi Antenna Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2024 - 2034
Praised for its aiming capabilities and improved signal strength the Yagi Antenna stands out due to its distinctive design featuring active and passive components that enhance its effectiveness and dependability. In times the growing need for live streaming services, remote control functions and secure connections has revitalized its popularity in the market underscoring its essential contribution, to today's digital landscape.
Market Key Insights
- The Yagi Antenna market is projected to grow from $5.7 billion in 2024 to $9.4 billion in 2034. This represents a CAGR of 5.1%, reflecting rising demand across Television Reception, Wireless Communication and Radio Astronomy.
- Telewave, Inc, Laird Connectivity are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Yagi Antenna market and are expected to observe the growth CAGR of 3.3% to 4.9% between 2024 and 2030.
- Emerging markets including Nigeria, Vietnam and Chile are expected to observe highest growth with CAGR ranging between 5.9% to 7.0%.
- Transition like Shift Towards Digital Broadcasting is expected to add $500.0 million to the Yagi Antenna market growth by 2030
- The Yagi Antenna market is set to add $3.7 billion between 2024 and 2034, with manufacturer targeting UHF & undefined Frequency Band projected to gain a larger market share.
- With Rising demand in telecommunications, and Demand from the military sector, Yagi Antenna market to expand 64% between 2024 and 2034.
Opportunities in the Yagi Antenna
The ongoing advancements in network technologies such as 5G and beyond, demand higher frequency ranges. The role of Yagi Antennas in such setups could be expanded, contributing to better signal reception and improved network capabilities.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Rising Demand in Telecommunications, and Progression Toward IoT and Smart Devices
Military communication systems frequently utilize Yagi antennas to ensure long range communication within a clear line of sight path. As investments in communication technology and advancements increase the need for high gain Yagi antennas is also also, on the rise.
Restraint: High Installation and Maintenance Costs
Opportunity: Rise of Smart Cities and Drones and UAVs
The increasing use of drones and Unmanned Aerial Vehicles for tasks like surveillance and delivery services well as disaster management presents a promising opportunity for the Yagi Antenna market to grow further by enhancing communication range and signal quality which is crucial, for smooth drone operations.
Challenge: Restricted Range of Frequency
Supply Chain Landscape
Aurubis
Codelco
CommScope
Kathrein
RadioWaves (Infinite Electronics)
MP Antenna
Amazon
Best Buy
Aurubis
Codelco
CommScope
Kathrein
RadioWaves (Infinite Electronics)
MP Antenna
Amazon
Best Buy