5G is defined as fifth-generation wireless networks technology in telecommunication industry. Substrates are the base on which a thin film of a material is coated on which circuits are etched.
Global 5G Substrate Market Analysis, 2020 research report depicts a deep-dive market analysis of statistics of Global 5G Substrate market which consists of regional and country-wise market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end users, applications, product type, technologies, competitive benchmarking, etc.
According to MarkNtel Advisors’ research report titled “Global 5G Substrate Market Analysis, 2020”, the Global 5G Substrate market is anticipated to grow at a CAGR of around 25% during 2020-25F on an account of development of 5G in automotive technology and growing investment toward the development of large-scale 5G infrastructure.
Polyimide Registered Fastest Growth
Based on Type, Polyimide is anticipated to attain highest CAGR by 2025. The growth is attributed to its large demand in mmWave substrate market because of its lower costs. However, ceramic and glass substrates are also projected to grow in the forecast period.
Base-Station Antennas Acquired Considerable market share
Based on Application, Base-Station Antennas acquired the considerable market share in 2019. Base-station antennas are deployed on rooftops, with inter-site distances of a few hundred meters. The surging application of 5G network in smartphones, autonomous vehicles, and Industry 4.0 systems is projected to proliferate the market of base-station antennas which is anticipated to strongly contribute toward the growth of the 5G Substrate market globally in the near future as stated in the MarkNtel Advisors’ research report “Global 5G Substrate Market Analysis, 2020”.
The factors driving the growth of the market are extensive government spending for the deployment of 5G mobile network and development of 5G infrastructure in the countries such as China, and escalating applications of the technology in AR&VR devices, smart cities which have IoT/IoE society, and in different verticals such automotive and manufacturing.
According to MarkNtel Advisors, the key players with a considerable market share in the Global 5G Substrate market include AGC Inc., Daikin Industries, Ltd., DuPont de Nemours, Inc., ITEQ Corporation, Kaneka Corporation, Panasonic Corporation, PolyOne Corporation, Rogers Corporation, Sumitomo Chemical Co., Ltd., The Chemours Company, Toray Industries, Inc., Taiwan Union Technology Corporation, Ventec International Group Co etc.
Key Questions Answered in the Market Research Report:
Market Outlook, Segmentation and Statistics
Frequently Asked Questions:
Q. What is the historical year, base year and forecast year considered in the research report on Global 5G Substrate Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecast up-to 2025.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the growth rate or CAGR of Global 5G Substrate Market during 2020-25?
A. The growth rate of Global 5G Substrate Market during 2020-25 is forecast to be grow at a CAGR of 54%
Q. Who are the key competitors or players operating in Global 5G Substrate Market?
A. AGC Inc., Daikin Industries, Ltd., DuPont de Nemours, Inc., ITEQ Corporation, Kaneka Corporation, Panasonic Corporation, PolyOne Corporation, Rogers Corporation, Sumitomo Chemical Co., Ltd., The Chemours Company, Toray Industries, Inc., Taiwan Union Technology Corporation, Ventec International Group Co etc., are few of the leading players in the Global 5G Substrate Market.
Q. Which application segment would emerge as an opportunity area for players in Global 5G Substrate Market?
A. Smartphone Antenna is expected to attain the highest CAGR during the forecast period and maintain its significant market share.
Q. Which region would emerge as an opportunity area for players in Global 5G Substrate Market?
A. Asia-Pacific grabbed a significant market share continue to grow at a highest CAGR, presenting immense opportunities for market players of Global 5G Substrate Market.