Global 5G Substrate Materials Market to be Dominated by Smartphones Segment Through 2028
Increasing deployment of 5G
network across different countries across the globe is expected to drive the
growth of global 5G substrate materials market during the forecast period.
According to TechSci Research report, “5G Substrate Materials Market - Global
Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028”, Global 5G Substrate
Materials Market is projected to increase at an impressive rate in the forecast
period. Liquid crystal polymers,
polytetrafluoroethylene, and polyimide have been
suggested as the ideal high-performance millimeter wave substrates and packing
materials due to their remarkable features.
Due to the diverse
applications of substrate materials in the 5G smartphone, an essential piece of
hardware used in a smartphone in an active antenna system is expected to drive
the market growth. These dynamic systems integrate the antenna and use large
multiple-input multiple-output technology to address 5G technology related concerns
like increased capacity and localized beams. Mobile devices and 5G base
stations both utilize massive multiple-input multiple-output. Printed circuit
boards, which feature substrates consisting of glass, ceramics,
polytetrafluoroethylene, polyimide, and liquid crystal polymers, among others,
are used to create these antennas. Due to their low dielectric constant, low
dissipation factor, high moisture absorption, and low cost of manufacture,
these materials are used.
However, delays in
spectrum allocation and deployment can hamper the growth of global 5G substrate
materials market. Besides, slower transition from older communication
generation to 5G technology is expected to slow down the market growth.
Browse over XX market
data Figures spread through XX Pages and an in-depth TOC on "Global 5G Substrate Materials Market"
Global 5G Substrate Materials
Market can be segmented based on material, application, and region.
Based on application, the
market can be grouped into smartphones, base stations, and others. The
smartphones segment is expected to dominate the market during the forecast
period. This can be ascribed to the growing number of smartphones users
worldwide. New 5G smartphones require 4X4 multiple-input and multiple-output
(MIMO), 8x8 MIMO, or even more complex MIMO antenna arrays to work on the
mm-wave frequency range.
Asia Pacific region is
expected to register highest growth in the Global 5G Substrate Materials Market
in the upcoming years due to growing number of smartphone users in the region.
Additionally, increasing 5G deployment in the region especially in countries
like China and India is expected to create lucrative opportunities for the
market growth.
Major companies operating
in Global 5G Substrate Materials Market are:
- Asahi Glass Company Inc
- Dupont De Nemours Inc
- Kaneka Corporation
- Panasonic Corporation
- Avient Corporation
- Taiwan Union Technology Corporation.
- Sumitomo Chemical Co. Ltd
- Rogers Corporation
- Kuraray Co. Ltd.
- Showa Denko Materials Co. Ltd.
Customers can also
request for 10% free customization on this report.
“The
growing demand for 5G substrate materials from various end user industries such
as telecommunication, automotive, industry 4.0 solutions, among others is
expected to spur the growth of global 5G substrate materials market during the
forecast period. Besides, growing investments toward the adoption and
deployment of 5G communication across the globe are further expected to support
the market growth.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based global management consulting firm.
“5G Substrate Materials Market- Global
Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Materials (Polytetrafluoroethylene,
Polyimide, Liquid Crystal Polymer, Others), By Application (Smartphones, Base
Station, Others), By Region,
and Competition has evaluated the future growth
potential of Global 5G Substrate Materials Market and provides statistics &
information on market size, structure, and future market growth. the report
intends to provide cutting-edge market intelligence and help decision-makers make
sound investment decisions. Besides, the report also identifies and analyzes
the emerging trends along with essential drivers, challenges, and opportunities
in Global 5G Substrate Materials Market.”
Contact
Mr. Ken Mathews
708 Third
Avenue,
Manhattan, NY,
New York – 10017
Tel:
+1-646-360-1656
Email: [email protected]
Website: https://www.tecshciresearch.com