Rectennas is a combination of rectifier and antenna mainly used for energy harvesting and wireless power transfer. The improvement in air-stable diode materials is expected to improve the performance of rectennas further to operate low power devices. The rectennas market is mainly segmented, on the basis of type and application. By type, rectennas are further segmented into radio frequency (RF) rectennas and optical rectennas. Optical rectenans convert the electromagnetic field energy at optical frequencies into electrical signals. The major applications considered in the scope of the study include wireless power transmission, energy harvesting, contactless cards, and proximity cards. Among these, wireless power transmission is currently the leading the application segment of rectennas.
The key players in the rectenna market are identified across all the major regions based on their country of origin, presence, recent key developments, product diversification, and industry expertise. Some of them are Murata Manufacturing Co., Ltd (Japan), CoolCAD Electronics LLC (US), Nihon Dengyo Kosaku Co Ltd (China), Allis Communications (US), Antenova Ltd (UK), API Technologies Corporation (US), Ducommun Incorporated (US), AVX Antenna Inc (US)., AH Systems Inc (US), AR RF/Microwave Instrumentation (US), and FURUNO Electric Co., Ltd (Japan). These players contribute significantly to market growth.
The market for rectennas in North America is expected to grow significantly during the forecast period. The major factors contributing to the market growth include the adoption of RFID at security checkpoints in airports and country borders. The deployment of rectennas in these areas is expected to enable the RF-enabled body and luggage scanners to transmit the signals in real-time to a central managing authority. Moreover, rectennas also have the potential deployment in retail stores electric article surveillance system. The US market contributes significantly to the growth of the rectennas market owing to high investments in the aviation, defense, and aerospace sector. The military is expected to increasingly adopt this technology to facilitate secure communication. The US is one of the major and earliest adopters of 5G technology which is one of the potential application areas for rectennas.
On the other hand, Europe is expected to be a slow adopter in the rectennas market. The major reason for the slow growth of the rectennas market in Europe is attributed to the advancement in the telecommunication industry, and the collaboration of major players with start-ups for the extensive deployment of rectennas. In the telecom sector, it is expected to meet the growing need for high-speed data transfer along with the overuse of existing spectrum. The demand for rectennas in Europe is projected to increase at a fast pace after 2022 owing to a surge in mobile data traffic and wireless power transmission capabilities.
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