Base Station Antenna Market to Exhibit 16.7% CAGR from 2024 to 2032; Nokia Corporation Unveiled the Next-gen AirScale Base Station to Propel 5G Portfolio

The global base station antenna market size was valued at USD 9.36 billion in 2023. The market is projected to grow from USD 10.77 billion in 2024 to USD 37.07 billion by 2032, exhibiting a CAGR of 16.7% during the forecast period. Fortune Business Insights™ presents this information in its report titled “Base Station Antenna Market Size, Share & COVID-19 Impact Analysis, By Type (Omni Antenna, Sector Antenna, Dipole Antenna, Multibeam Antenna, Small Cell, and Others), By Provision/Sector (Semi-urban, Urban, and Rural), By Technology (3G, 4G/LTE, and 5G), By Application (Mobile Communication, Intelligent Transport, Industrial IoT, Smart City, Military & Defense, and Others), and Regional Forecast, 2024-2032”.

The rising footfall of 5G infrastructure across advanced and emerging economies will act as a catalyst in spurring industry growth. Antennas are observing stellar demand across precision agriculture, connected cars, smart cities, and military & defense. End-users are expected to bank on base station antennas to provide outstanding connectivity to boost stability in mobile communication.

Pandemic Daunted Growth Outlook due to Lack of Equipment Availability

The prevalence of the COVID-19 pandemic wracked havoc in the emerging and advanced economies, with the telecommunication sector witnessing major disruption. Antenna manufacturing sectors grappled with the outbreak. To illustrate, net sales of CommScope Holding Company dipped by USD 70 million in 2020, largely due to supply chain disruptions. The potential unavailability of equipment and components needed for antennas did not bode well for the business outlook. Manufacturing delay could further challenge leading companies gearing to expand their portfolios.

Baylin Technologies Received Approval for Two Base Station Antennas to Deploy 5G Macro

Major players are slated to boost their portfolios to expand their penetration across untapped areas. For instance, in April 2021, Baylin Technologies Inc. announced the U.S. Tier1 carrier gave a green signal to its two base station antennas to deploy 5G macro. Besides, in May 2021, PCTEL Inc. acquired Smarteq Wireless, a developer of external antennas, to bolster the footfall in the Europe market. Leading companies have upped investments in new advanced antennas to keep up with the demand for 5G infrastructure. Robust strategies, including investments in R&D activities are likely to foster the base station antenna market share.

Expansion of 5G Infrastructure to Drive Innovation

The trend for 5G networks for low latency, high speed, and maximum coverage networks has fueled the presence of 5G technology. Major economies, such as the U.S., the U.K., South Korea, and China, have spurred investments in 5G technology to boost quality communication services. The robust implementation of the next-gen network will fuel the demand for antennas. To illustrate, in March 2021, CommScope Inc. came up with new antennas to bolster and expedite the 5G network rollout. Moreover, the expansion of multi-antennas will also provide impetus to the base station antenna market growth. Soaring demand for 5G technology, along with the implementation of smart antennas, will bode well for the industry outlook.
However, the potential health impacts of RF radiation could impede the industry growth.

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Leading Players focus on 5G Rollouts to Tap into Markets

Leading companies are poised to invest in R&D activities, product launches, technological advancements, and mergers & acquisitions to boost their presence across untapped areas. Furthermore, leading companies could infuse funds into innovations to gain a competitive edge in the regional market.

Notable Industry Development

• June 2021 – Nokia Corporation released the next-gen AirScale base station, including massive MIMO active antennas, radio units, baseband units, and 3D digital beamforming. This new launch will enhance connectivity, capacity, efficiency, and performance of 5G and Single RAN radio access network. The AirScale base station product is offering premium 5G coverage and capacity to Nokia customers.

List of the Companies Profiled in the Report

• Radio Innovation Sweden AB (Sweden)


• CommScope Holding Company, Inc. (U.S.)


• Comba Telecom Systems Holdings Ltd. (China)


• Huawei Investment & Holding Co., Ltd. (China)


• PCTEL, Inc. (U.S.)


• Baylin Technologies Inc. (Canada)


• Rosenberger Hochfrequenztechnik GmbH & Co. KG (Germany)


• Nokia Corporation (Finland)


• Amphenol Procom Inc. (U.K.)


• Ace Technologies Corporation (Korea)

Further Report Findings

• The Asia Pacific market valuation was USD 2.51 billion in 2022 and is estimated to rise with increasing number of mobile subscribers.


• The Europe market outlook will be strong on the back of strong investments in 5G infrastructure.

Table of Segmentation