Luneburg lens antenna market is anticipated to grow at a significant CAGR during the forecast period. Luneburg lens is a type of passive radar augmentation device which is deployed to increase the radar reflectivity of a target without the use of additional energy. The market growth is majorly attributed to the innovation and the upgradation of the technologies in the telecom and IT sector. The changing landscapes of the ICT industry have brought multifaceted growth in the market as the Luneburg lens finds substantial application in the ICT vertical.
The emergence of the 5th generation or the 5G technology, ICT4SDG infrastructure, multimedia, content and apps, Sustainable Development Goal 9 (SDG9), and among others are the major contributing factors that fuel the market growth. There is also anticipated to be the rising necessity for both enhanced mobile broadband (eMBB) and ultra-reliable low latency communications (URLLC) to fulfill diverse industrial and market needs. Moreover, factors such as increasing data traffic, emergence of citizens broadband radio service band, and the need to minimize CAPEX and OPEX are acting as driving factors for the rising adoption of 5G technology in various emerging economies. This is further anticipated to act as a major factor in the market growth.
Some key players operating in the market include Tongyu Communication Inc., Lunewave Inc., and Eahison communication co., Ltd., among others. These players are eyeing to strengthen their position in the market by adopting strategies such as mergers and acquisitions, partnerships, collaborations, new product launches and development in the existing product portfolio, and so on.
To Request a Sample of our Report on Luneburg Lens Antenna Market: https://www.omrglobal.com/request-sample/luneburg-lens-antenna-market
Market Coverage
- The market number available for – 2021-2029
- Base year- 2021
- Forecast period- 2023-2029
- Segment Covered-
- By Application
- By Deployment Model
- By End-User
- Competitive Landscape: Tongyu Communication Inc., Lunewave Inc., and Eahison communication co., Ltd., among others.
Luneburg Lens Antenna Market Report Segmentation
By Product
- 15 dBi
- 20 dBi
By Application
- Civil Use
- Military Use
A full Report of Luneburg Lens Antenna Market is Available at: https://www.omrglobal.com/industry-reports/luneburg-lens-antenna-market
Luneburg Lens Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Reasons to buy from us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/luneburg-lens-antenna-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
