From GlobeNewswire: 2024-11-13 08:41:00

The Dielectric Resonator Antenna market was valued at USD 7.09 Billion in 2023 and is expected to reach USD 20.34 Billion by 2032, with a 12.47% CAGR. The growth is driven by the demand for advanced antenna technology in industries like telecommunications, especially with the expansion of 5G networks and the surge in mobile data consumption.

DRAs are essential for high-speed, low-latency communication in 5G networks, with video streaming accounting for 80% of mobile data traffic. They are also increasingly used in military applications for secure communication systems, radar, and surveillance technologies due to their compact design, high efficiency, and data handling capabilities.

Rectangular DRAs dominate the market with over 56% share in 2023, known for their exceptional performance in high-frequency applications, especially in military and aerospace sectors. The military segment led the market with over 57% share in 2023, deploying DRAs for secure communication, radar, and surveillance technologies.

North America dominated the market in 2023 due to robust telecommunications infrastructure and extensive military applications. The Asia-Pacific region is expected to be the fastest-growing market from 2024 to 2032, driven by investments in 5G infrastructure and military technologies.

Future trends in the DRA market include integration with 5G and beyond, increased reliance on DRAs in military and aerospace applications, miniaturization of devices, and possibilities in wireless power transfer applications.

Recent developments include new product launches by Kyocera Corporation and KYOCERA AVX to enhance electronic components and MLCC offerings for automotive applications. The Dielectric Resonator Antenna market report provides insights on adoption rates, regulatory impacts, environmental metrics, and supply chain trends. The competitive landscape, market segmentation by type and application, regional analysis, and company profiles are also included. Access the full report for growth outlook until 2032 at the provided link for more information or customization options. SNS Insider offers market research and consulting services to help clients navigate changing market conditions with confidence.



Read more at GlobeNewswire: Dielectric Resonator Antenna Market to Reach USD 20.34