Technological Advancement Has Increased the Demand for Tower Mounted Amplifier Market
Globally, the tower mounted amplifier market is expected to grow with a CAGR of 9.4% during the forecast period from 2023 to 2030, and is expected to reach a market value of US$ 3.36 Bn in 2030. Amplifiers are defined as electronic devices, which are used to increase the strength and power of the signals. These devices increase the amplitude of a signal by using the electric power from the power supply and provide greater amplitude to the signal at the output terminal.
The tower-mounted amplifiers (TMA) are the low noise amplifiers, which amplifies weak uplink signals from mobile devices, offers an enhanced balance between the transmitter and the receiver by removing the interfaces resulting in improving the network, and covers the range limit areas. The technological advancement has led to enhance the productivity of these amplifiers, which has increased the network performance.
Tower Mounted Amplifier with Direct Sales in its Channel Segment Continue Dominating the Market
In 2021, the overall tower-mounted amplifier market was led by the direct sales segment in its channel segment contributing to a high percent of market share of the total revenue generated globally in 2020 and is expected to grow with a CAGR of more than 7.9% during the forecast period. The advancement in technology and increasing use of mobile phones has led to demand of TMA as these amplifiers reduces the noise and improves the network functionality, moreover, the mobile tower companies buys these amplifiers directly from the manufacturers as it cost less. However, the distributor channel is expected to be the fastest-growing segment during the forecast period.
North America Dominates the Market by Region
The global tower mounted amplifier market was led by North America with a market share of more than 30.0% in the year 2020. This is due to increasing utilization of IoT devices utilization of IoT devices and rising utilization of smart phones and tablets. Moreover, the the TMA market in North America is expected to grow with a CAGR of 9.2% during the forecast period, this is due to advancement in the networks and introduction of 5G in the region.
Some of the prominent players operating in the tower-mounted amplifier Comba Telecom Systems Holdings Ltd., CommScope Inc., Molex, Inc., Microdata Telecom AB, Filtronic plc, Eyecom Telecommunications Group, Westell Technologies, Communication Components Inc., Amphenol Antenna Solutions, Kaelus, Inc., Kathrein-Werke KG, NXP Semiconductors N.V., Combilent A/S, Tessco Technologies Inc., and Radio Design Ltd.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Tower Mounted Amplifier market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
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Key questions answered in this report