LDS Antenna Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Laser Direct Structuring (LDS) Industry Overview

The market for laser direct structuring (LDS) antenna is hugely competitive. It contains several leading players such as Taoglas Limited, Molex LLC, SelectConnect Technologies, TE Connectivity Ltd, Pulse Electronics Corporation (Yageo Corporation), etc. In terms of market share, few significant players currently dominate the market. These major players with a substantial stake in the market are highly focused on expanding their customer base across foreign countries. These companies leverage various strategic collaborative initiatives to maximize their market share and increase their profitability.

In July 2022, TE Connection, a global provider of sensors, bought Linx Technologies, a supplier of radio frequency (RF) components in the Internet of Things (IoT) markets. The strategic acquisition will further strengthen Te's product portfolio and competitiveness in the IoT. As TE continues to strengthen its investment in the IoT market, the acquisition will help expand TE's supply chain, particularly in antennas and RF connectors for the IoT. It is also an important strategy for TE following the acquisition of Laird Connectivity's antenna business in 2021.

Moreover, in July 2022, Taoglas, a leading enabler of digital transformation through IoT, and Novotech, a leading 4G/5G cellular IoT electronics components distributor and solutions provider, entered into a new Canadian partnership agreement combining the distribution of Taoglas' advanced components, including industry-leading antennas, sales and technical support for cellular IoT connectivity solutions. This new partnership will expand Novotech's portfolio, providing the company's partners and customers access to Taoglas' innovative 4G/5G cellular portfolio for supporting public safety, transportation, e-charging, fixed wireless, and 5G mobile networking solutions.