Market Size of Laser Direct Structuring (LDS) Antenna Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 0.78 Billion |
Market Size (2029) | USD 1.71 Billion |
CAGR (2024 - 2029) | 16.94 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Laser Direct Structuring (LDS) Market Analysis
The Laser Direct Structuring Antenna Market size is estimated at USD 0.78 billion in 2024, and is expected to reach USD 1.71 billion by 2029, growing at a CAGR of 16.94% during the forecast period (2024-2029).
- With the miniaturization trend gaining prominence across various industries, the LDS market is gaining popularity. LDS technology allows smaller designs with integrated functionalities. Modern electronics have brought several difficulties for manufacturers. However, the introduction of the LDS antenna technology offers an effective way to overcome these challenges by offering a high degree of freedom in terms of metallization shape, thus, allowing improved radiation performance.
- The convergence of digital-based audio, video, and information technology is changing the shape of the consumer electronics industry, creating a whole new world of electronic gadgets that can grab consumers' attention. The consumer-spending trend is a leading economic indicator in the consumer electronics industry, strongly correlated with economic growth.
- Technological advancements are bringing convergence of computer, communication, and consumer electronics, auguring well for the industry, with many new opportunities for product innovations, with miniaturization. The trend towards miniaturization in the consumer electronics industry has driven package component sizes down to the design-rule level of early technologies.
- Specifically, smartphones have observed a robust uptake of this technology, nearly doubling production volumes over the past decade. Apart from this, the rising adoption of smart devices, wearables, and connected medical equipment, innovations in the modern medical sciences across the world has bought a massive advancement into the global healthcare offerings as most consumers are now leveraging the advantages offered by smart medical devices to address critical health needs.
- Furthermore, the electronics segment in the military and defense industry also presents potential opportunities for the LDS antenna market, buoyed by the rising number of unmanned aerial vehicles (UAVs), global positioning system/global navigation satellite system (GPS/GNSS) navigation, and conformal communication antennas, among others.
- According to Teal Group, approximately 95% of the 28,912 UAVs projected to be developed between 2013 and 2027 will be employed for military purposes. UAV operations are becoming well-embedded in the armed forces worldwide, affecting global security. Aiding this trend, players, such as TE Connectivity, are focused on delivering lighter, smaller antennas that can sustain in harsh environments in the aerospace and defense sector.
- However, the market growth is expected to be hindered by the high equipment costs, need for high temperature-resistant materials, long plating process, and complexity in procedure due to thin metallization layers and beads of the laser structuring process.
- COVID-19 adversely affected manufacturing operations in numerous industries where LDS technology has a wide range of antenna uses. The sales, as well as production of smartphone and pad devices, laptop and notebook computers, vehicle tracking systems, gaming consoles, inventory tracking systems, wireless printers, and routers, UAVs, etc., were all affected by restrictions on logistics and the availability of the workforce.
Laser Direct Structuring (LDS) Industry Segmentation
Laser direct structuring (LDS) is a process where an antenna design can be directly transferred onto the 3D surface of an injection-molded structure through a laser beam's operation, making prototyping and production processes much more efficient. The LDS process enables flexibility and freedom in 3D design for prototyping, providing quick turn-around and verification during various project phases.
The laser direct structuring (LDS) antenna market is segmented by end-user industry (healthcare, consumer electronics, automotive, networking, and other end-user industries) and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa).
The market sizes and forecasts are provided in terms of value in USD million for all the above segments.
End-user Industry | |
Healthcare | |
Consumer Electronics | |
Automotive | |
Networking | |
Other End-user Industries |
Geography | |
North America | |
Europe | |
Asia-Pacific | |
Latin America | |
Middle-East and Africa |
Laser Direct Structuring (LDS) Antenna Market Size Summary
The Laser Direct Structuring (LDS) antenna market is experiencing significant growth, driven by the increasing demand for miniaturization and integration in various industries, particularly consumer electronics and automotive sectors. The technology's ability to create smaller designs with integrated functionalities is becoming increasingly important as industries strive to reduce component sizes while enhancing performance. This trend is particularly evident in the consumer electronics sector, where the convergence of digital technologies is leading to the development of more compact and feature-rich devices. The automotive industry also benefits from LDS technology, as it supports the development of advanced driver-assistance systems (ADAS) and connected vehicles, which require efficient and compact antenna solutions. Despite the promising growth prospects, the market faces challenges such as high equipment costs and the complexity of the laser structuring process.
In the North American region, the demand for LDS antennas is robust, particularly in the consumer electronics, networking, and automotive industries. The region's strong automotive sector and the significant presence of consumer electronics markets, especially in the United States, contribute to the market's expansion. Key players in the LDS antenna market, such as TE Connectivity, Taoglas Limited, and Molex LLC, are actively pursuing strategic partnerships and acquisitions to enhance their product offerings and expand their market presence. These companies are focusing on integrating advanced technologies and expanding their portfolios to meet the growing demand for IoT and 5G connectivity solutions. The competitive landscape is characterized by strategic collaborations and investments aimed at strengthening market positions and driving innovation in LDS antenna technology.
Laser Direct Structuring (LDS) Antenna Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Value Chain Analysis
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Bargaining Power of Suppliers
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1.3.2 Bargaining Power of Buyers
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1.3.3 Threat of New Entrants
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1.3.4 Threat of Substitutes
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1.3.5 Intensity of Competitive Rivalry
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1.4 Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 End-user Industry
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2.1.1 Healthcare
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2.1.2 Consumer Electronics
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2.1.3 Automotive
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2.1.4 Networking
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2.1.5 Other End-user Industries
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2.2 Geography
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2.2.1 North America
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2.2.2 Europe
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2.2.3 Asia-Pacific
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2.2.4 Latin America
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2.2.5 Middle-East and Africa
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Laser Direct Structuring (LDS) Antenna Market Size FAQs
How big is the Laser Direct Structuring (LDS) Antenna Market?
The Laser Direct Structuring (LDS) Antenna Market size is expected to reach USD 0.78 billion in 2024 and grow at a CAGR of 16.94% to reach USD 1.71 billion by 2029.
What is the current Laser Direct Structuring (LDS) Antenna Market size?
In 2024, the Laser Direct Structuring (LDS) Antenna Market size is expected to reach USD 0.78 billion.