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Airgain Inc   (AIRG)
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    Sector  Technology    Industry Consumer Electronics
   Industry Consumer Electronics
   Sector  Technology

Airgain Inc 's

Competitiveness


 

AIRG Sales vs. its Competitors Q3 2023



Comparing the current results to its competitors, Airgain Inc reported Revenue decrease in the 3 quarter 2023 year on year by -31.06 %, despite the revenue increase by the most of its competitors of 0.41 %, recorded in the same quarter.

List of AIRG Competitors





Revenue Growth Comparisons




Net Income Comparison


Airgain Inc , despite income growth by most of its competitors recorded a net loss, despite income increase by most of its competitors of 57.75 %

<<  AIRG Stock Performance Comparisons


Airgain Inc 's Comment on Competitors and Industry Peers


The antenna and wireless solutions market is highly competitive and is characterized by rapid technological change and evolving standards. Our principal competitors fall into four categories:
Direct Competitors. Direct competitors include independent antenna companies, 2J Antennas USA Corp., Adant Technologies Inc., Asian Creation Communications Factory, AVX Corporation, Fractus S.A., Baylin Technologies Inc., Honglin Technology Group Ltd., Laird PLC, Mobile Mark, Inc., PCTEL, Inc., Pinyon Technologies Inc., Sunwave Communications Co., Ltd., Taoglas Limited, Wanshih Electronic Co. Ltd., and WHA YU Industrial Co., Ltd., among others. Within the antenna industry, the barriers to entry for newcomers is low, and we expect new competitors to emerge in the future. For NimbeLink, Multitech and Digi international are direct competitors for the Skywire modem while the Asset tracker solution competes against full vertical solutions in each industry.
In-house Antenna Design and Engineering Teams. Several of our existing customers, including OEMs and ODMs which design and build complete wireless devices, also have internal resources to design, engineer, and produce antenna solutions. In such cases, we compete against the captive resource of that ODM. Several ODMs, including Arcadyan Technology Corporation, Foxconn Electronics Inc., Gemtek Technology Co. Ltd., and Wistron Corporation, design, manufacture, and sell antennas, in direct competition with us.
Third-Party Custom Design and Engineering Companies. Some of our existing customers and prospects use outsourced engineering services to provide antenna solutions. In these cases, there may be short-term or long-term contractors who work to design, engineer, test, and manage production of an antenna solution.
Automotive Connectivity Companies. Our AirgainConnect platform has the potential to compete with existing suppliers of vehicular modem platforms including Sierra Wireless, Cradlepoint, Peplink as well as the supplier of our modem module, Assured Wireless, among others. We are not aware of any competing solutions with the same architecture and features as AirgainConnect on the market today. In the future, though, we see the potential to create meaningful partnerships with the existing vehicular



  

Overall company Market Share Q3 2023

Overall company, revenue fell by -31.06 % and company lost market share, to approximately 0.09 %.




<<  More on AIRG Market Share.
 
*Market share is calculated based on total revenue.





Who are Airgain Inc 's Competitors?




Amphenol Corporation
Share Performance



+3.69%
Over The Past 5 Days



Amphenol Corporation
Profile

Amphenol Corporation operates as a manufacturing company that designs, manufactures, and markets a wide range of electronic and fiber optic connectors, as well as interconnect systems. The company serves various industries including automotive, aerospace, telecommunications, and industrial automation. By offering highly engineered and customized solutions, Amphenol aims to provide exceptional value to its customers, ultimately driving its growth and success in the market.

More about Amphenol Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 69,383.203 mill. $ 12,554.100 mill. $ 1,945.500 mill.


Digital Turbine Inc
Share Performance



-5.06%
Over The Past 5 Days



Digital Turbine Inc
Profile

Digital Turbine Inc is a mobile software company that focuses on monetizing and distributing apps for device manufacturers, mobile operators, and media publishers. They offer a platform that utilizes targeted ads and app recommendations to drive user engagement and increase revenue for their partners.

More about Digital Turbine Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 323.389 mill. $ 572.749 mill. $ -197.795 mill.


Aptiv Plc
Share Performance



-12.95%
This Year



Aptiv Plc
Profile

Aptiv Plc is an automotive technology company that focuses on the design and development of advanced safety systems and autonomous driving technologies. Their business model revolves around providing innovative solutions to automakers to enhance the safety, efficiency, and connectivity of vehicles. By leveraging their expertise in software development, electrical architecture, and vehicle integration, Aptiv aims to transform the future of mobility by enabling safer and more autonomous transportation options.

More about Aptiv Plc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 21,975.689 mill. $ 20,051.000 mill. $ 2,966.000 mill.


Belden Inc
Share Performance



+16.28%
30 Days



Belden Inc
Profile

Belden Inc's business model revolves around designing, manufacturing, and distributing connectivity and networking products for various industries.

More about Belden Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 3,734.028 mill. $ 2,512.084 mill. $ 242.556 mill.


China Automotive Systems inc
Share Performance



+2.52%
This Year



China Automotive Systems inc
Profile

China Automotive Systems Inc is a manufacturer and seller of power steering systems and other automobile components primarily in China.

More about China Automotive Systems inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 98.417 mill. $ 515.493 mill. $ -6.135 mill.


Itt Inc
Share Performance



+2.40%
Over The Past 5 Days



Itt Inc
Profile

ITT Inc. operates as a global diversified industrial company that aims to provide highly engineered products and services to various industries, including aerospace, defense, energy, and transportation. The company focuses on developing innovative solutions and building partnerships with customers to create long-term value.

More about Itt Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 10,594.376 mill. $ 3,283.000 mill. $ 413.800 mill.


Pctel Inc
Share Performance



+67.63%
This Quarter



Pctel Inc
Profile

PCTEL Inc's business model revolves around providing innovative wireless solutions and services to various industries, including high-performance antenna solutions, test and measurement tools, and software solutions. Their expertise lies in engineering and delivering reliable wireless networks for critical applications, such as industrial IoT, public safety, and enterprise wireless.

More about Pctel Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 131.531 mill. $ 85.602 mill. $ 4.263 mill.


Te Connectivity ltd
Share Performance



-0.40%
Over The Past 5 Days



Te Connectivity ltd
Profile

Te Connectivity Ltd's business model revolves around providing connectivity and sensor solutions to various industries worldwide. They design and manufacture a diverse range of electronic components, connectors, sensors, and systems that enable data transfer, power transmission, and monitoring in various applications. Their products are used in industries such as automotive, aerospace, industrial, and consumer electronics.

More about Te Connectivity ltd 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 44,777.780 mill. $ 16,024.000 mill. $ 3,316.000 mill.



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