According to a new market research report published by
Inkwood Research, Global Laser Direct Structure Antenna Market is predicted to
register a CAGR of 20.06% during the forecasting years of 2020-2028.
"Browse
23 Market Data Tables and 35 Figures spread over 123 Pages, along with an
in-depth TOC on the Global Laser Direct Structure Antenna Market
Forecast 2020-2028.”
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The Laser Direct
Structuring (LDS) technology is one of the fastest-growing segments of the
molded interconnect devices (MID) market. The LDS market is gaining popularity with
the wave of miniaturization becoming prominent across various industries, which
allows integration of smaller designs with various components. The age of
modern electronics has presented manufacturers with many challenges, such as
miniaturization, compact electronic packaging, and increased performance
demands. In order to meet these requirements, new technology like LDS has
emerged to unravel MID production, reduce cost, and accelerate product development.
The antenna designers get huge flexibility in making powerful designs with
three-dimensional freedom.
Rising
Demand of Devices with Higher Antenna Range and IOT is Boosting the Market
Growth
With the trend
of an integrated ecosystem, improved antenna facilities for laptops, tablets,
and ultrabooks, are estimated to drive the market growth. Moreover, the gaming
console and AR/VR markets have also observed a significant adoption of the LDS antenna.
The strong growth of the AR/VR market and the increasing sales of gaming
consoles are anticipated to boost the market growth. Companies such as Molex
Inc are working with those device manufacturers who are developing AR/VR
systems, in order to combine 5G communications capabilities into their modules,
as the 5G networks begin deployment in 2020. Moreover, wearables such as
smartwatches are witnessing widespread adoption and recognition. The growing
use of IoT technology is further creating new requirements for antenna design. As
the antennas for consumer devices and sensor networks in the IoT must be small,
the adoption of LDS technology is preferred.
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Consumer Electronics – The
Largest End-User Segment
LDS antennas are
extremely useful in consumer electronics, such as smartphones, television, laptops,
tablets, wearables, gaming consoles, and accessories. All the leading
smartphone OEMs all over the world use LDS antennas as they provide better
connectivity, at a smaller and efficient scale. The leading smartwatch
manufacturers are extensively investing in developing new and more compact
watches with improved hardware. Major console developers like Microsoft and
Sony are developing consoles using LDS technology. VR technology has gained
widespread popularity, and various companies are emerging in this market. Due
to its low cost, PSVR is the highest selling VR headset for gaming in the
market.
Asia Pacific Region
Records the Highest Growth Rate
The region of
Asia Pacific is the biggest market worldwide for consumer electronics. The
densely populated countries and increasing income in economies, such as India,
China, and Japan, are fueling the market growth.
There is
moderate competition in the market due to the presence of limited players.
However, the existing companies are trying to gain a competitive edge through
innovations, mergers, and acquisitions.
Technological developments are anticipated to bring new companies into
the market. Taoglas Limited, Shenzhen Sunway Communication Co. Ltd, TE
Connectivity Ltd, LPKF Laser & Electronics AG, Harting KGaA, etc. are some
of the prominent companies operating in the market.
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healthcare, and energy, with an objective comprehension that acknowledges the
business environments. Our geographical analysis comprises of North & South
America, CEE, CIS, Middle East, Europe, Asia, and Africa.
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