Global Chip Antenna Market, By Product Type (Dielectric Chip Antennas, Low Temperature Co-Fired Ceramics (LTCC) Chip Antennas), Application (Bluetooth/BLE, Wifi/Wlan, GPS/GNSS, Dual Band/Multi Band), End User (Automotive, Consumer Electronics, Smart Home / Smart Grid, Industrial and Retail, Healthcare, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Chip Antenna Market Analysis and Insights
Chip antenna market size is valued at USD 6.59 billion by 2028 is expected to grow at a compound annual growth rate of 14.10% in the forecast period of 2021 to 2028. Data Bridge Market Research report on chip antenna provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
An antenna is usually used to facilitate transmission and reception of radio frequencies. A chip antenna is a compact antenna which is used for transmission and receiving of radio frequency signals, and is also used in various wireless applications. These are also useful in providing correct real-time setting information and also allow and maintain the connectivity between devices.
The high demand for chip antenna in IoT applications has been directly influencing the growth of chip antenna market over the forecast period of 2021 to 2028. Also the rising trend of miniaturization in consumer electronics is also flourishing the growth of the chip antenna market. In addition, the low cost of SMD chip antennas when compared to conventional antennas as well as growing adoption of small consumer electronics products such as Wi-Fi routers and mobile phones are also positively impacting the growth of the market. Furthermore, the demand for consumer electronics is increasing and high adoption of technologies such as Internet of Things (IoT), automation, connected cars and smart grids is rising which are also largely lifting the growth of the chip antenna market.
However, the high Initial development cost of ceramic chip antenna, lack of operability and compatibility between supplier and ODM as well as uneven performance efficiency and inadequate range of chip antenna are acting as the major limitations for the growth of chip antenna in the forecast period of 2021 to 2028, whereas the dearth of uniformity and constancy in chip antennas and inconsistency in various operating frequencies for different applications across the globe have the potential to challenge the growth of the chip antenna market.
Likewise, the rapidly increasing research and development activities related to chip antennas along with rising miniaturization of consumer electronics will further cater ample new opportunities that will lead to the growth of the chip antenna market in the above mentioned forecasted period.
This chip antenna market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on chip antenna market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Chip Antenna Market Scope and Market Size
Chip antenna market is segmented on the basis of product type, application and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- The product type segment of the chip antenna market is segmented into dielectric chip antennas and low temperature co-fired ceramics (LTCC) chip antennas.
- Based on application, the chip antenna market is segmented into Bluetooth/BLE, Wifi/Wlan, GPS/GNSS and dual band/multi band.
- Chip antenna market is also segmented on the basis of end user into automotive, consumer electronics, smart home / smart grid, industrial and retail, healthcare and others.
Chip Antenna Market Country Level Analysis
Chip antenna market is analyzed and market size, volume information is provided by country, product type, application and end user as referenced above.
The countries covered in the chip antenna market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
Asia-Pacific leads the chip antenna market due to the high adoption of automation and increasing consumer electronics industry in emerging countries in the region. North America is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 owing to rising adoption of developed technologies along with the high spending on research and development of wireless transmission technologies in countries such as the Canada and U.S. within the region.
The country section of the chip antenna market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Chip Antenna Market Share Analysis
Chip antenna market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to chip antenna market.
The major players covered in the chip antenna market report are YAGEO Corp., Vishay Intertechnology, Inc., Mitsubishi Materials Corporation, INPAQ Technology Co., Ltd., PARTRON, Fractus Antennas S.L, Abracon, Linx Technologies, Johanson Technology, Antenova Ltd., Pulse Electronics, Sunrom, 2j-antennae, Sunlord, Rainsun Corporation, TAIYO YUDEN CO.,LTD., TDK Corporation, Würth Elektronik GmbH & Co. KG, Cirocomm Technology Corp., and Taoglas, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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