The forecast for the UK market of outside aerials for radio or television reception shows steady growth from 2024 to 2028, with values rising from 599.87 thousand items in 2024 to 633.41 thousand items in 2028. As of 2023, the market stood at an actual production of 591 thousand items. The year-on-year growth between 2024 and 2025 is approximately 1.44%, and between 2025 and 2026, it is about 1.39%. The compound annual growth rate (CAGR) for the entire forecast period (2024-2028) is 1.38%.
Future trends to watch for include:
- Technological advancements in aerial design and materials, potentially impacting demand.
- A shift in consumer preferences towards streaming services impacting traditional aerial needs.
- Regulatory changes affecting broadcasting requirements and aerial technology standards.
- Potential influence of 5G and other wireless technologies reducing reliance on aerials.