LDS (Laser Direct Structuring) Antenna Market – Growth, Trends And Forecast (2020 – 2024)
The LDS antenna market is segmented by end-user industry and geography. The end-user industry is further segmented by healthcare, consumer electronics, automotive, networking, and other end-user industries. Geographically the market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa.
The LDS Antenna Market was valued at USD 313.29 million in 2018 and is expected to register a CAGR of 17.75%, during the forecast period (2019 – 2024).
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Top Companies in the Global LDS (Laser Direct Structuring) Antenna Market:
Taoglas Limited, Molex LLC, LPKF Laser & Electronics AG, SelectConnect Technologies, TE Connectivity Ltd, Pulse Electronics Corporation, Amphenol Corporation, Tongda Group Holdings Limited, Shenzhen Sunway Communication Co., Ltd, Luxshare Precision Industry Co. Ltd, HARTING KGaA, Huizhou Speed Wireless Technology Co. Ltd among others.
The LDS technology is one of the fastest expanding segments of the molded interconnect devices (MID) market. With the miniaturization trend gaining prominence across various industries, the LDS market is growing in popularity by allowing smaller designs, with integrated functionalities.
After failing to meet those exuberant expectations, 3D MIDs are gaining broader acceptance today as new processes, materials, and technologies converge to better meet the demands of circuit-carrying plastic parts.
Many industry observers believe MIDs have finally come of age. The driving forces are miniaturization, tighter electronic packaging, and increased functional demands.
To meet these new requirements, new processes, such as laser direct structuring (LDS) have emerged as ways to simplify MID production, reduce cost, and speed product development.
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Key Market Trends:
Consumer Electronics to Hold Major Share
LDS antennas are extensively used in smartphones, wearables, laptops, gaming consoles and accessories, and tablets.
Global digital spending is expected to exceed USD 1 trillion by 2018, with three product categories alone making up 75% of this global expenditure: smartphones (48%); TVs (12%); and mobile PCs/tablets (15%).
With consumers demanding better body to screen ratios from device manufacturers, OEMs are pushing the boundaries of electronics by developing smartphones with almost no bezels. Miniaturization of internal components is considered to be a key concept to enable a higher body to screen ratio, which is expected to increase the adoption of LDS technologies.
However, the declining sales of the tablet could hinder the growth of the segment in the long run, with Apple and Huawei, being the only two companies to have seen any growth in 2018, with Huawei leading Apple by nearly 7%. Nevertheless, this is expected to change with Apple launching the new iPad, which is bigger and lighter.
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Influence Of The LDS (Laser Direct Structuring) Antenna Market Report:
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-In-depth understanding of LDS (Laser Direct Structuring) Antenna market-particular drivers, constraints and major micro markets.
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