Chip Antenna Market – synopsis
Market Research Future (MRFR) has published a research report about the global chip antenna market that foretells a massive raise for this market at a 15% CAGR (Compound Annual Growth Rate) between 2018 and 2023. In terms of value, this market is expected to be worth US $ 6 bn by the end of the forecast period.
Antenna is one of the key components of radio frequency systems. Proper selection of antenna can enhance the system performance, cost efficiency, and can make the equipment size compact. There are majorly three types of antennas available in the market: chip antennas, PCB antennas, and whip antennas. Chip antennas are the smallest in size as compared to other types and can be integrated on circuit boards and radiate electromagnetic waves of high frequency. These antennas have a high-frequency range and are suitable for devices such as Wi-Fi routers and mobile phones. Chip antennas support frequency below 1GHz and can be accommodated on circuit boards even with limited space availability.
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Chip antennas, with the help of cellular connections, can be used to assist in monitoring and asset tracking in healthcare and transferring a large amount of data over a short distance. It also helps to maintain connectivity between devices and provide accurate real-time location information.
The major factors that contribute to the growth of global chip antenna market include the high demand for consumer electronics and increasing adoption of technologies such as automation, connected cars, Internet of Things (IoT), and smart grid. However, some constraints that can hinder the market growth are the complex design of chip antennas and compatibility issues during the chip antenna’s integration on the circuit board.
Chip Antenna Market – Key Players
The key players in the global chip antenna market include Antenova M2M (UK), Fractus Antennas (Spain), Johanson Technology Inc. (USA), Mitsubishi Materials (Japan), Pulse Electronics (USA), Partron Co. Ltd. (South Korea), Taoglas (Ireland), Vishay Intertechnology Inc. (USA), and Yageo Corporation (Taiwan).
Chip Antenna Market – Segmentation
The global chip antenna market is segmented into various segments on the basis of type, applications, and end-users. By type, the market is sub-segmented into ceramic multilayer chip antennas and dielectric chip antenna. By application, the market is segmented into WLAN, ZigBee, Bluetooth, and ISM among others. Whereas, on the basis of end user, the market is segmented into BFSI, transportation, manufacturing, industrial, government, IT & telecommunication, healthcare, and others.
Chip Antenna Market – Industry News
July 19, 2018 The antenna for IoT: NB-IoT, LoRa, Zigbee or Sigfox
Fractus Antennas SL has developed an antenna chip component named as the RUN mXTEND. RUN mXTEND. This is developed for providing full connectivity among IoT devices working on different frequency bands. With these antennae, a user can choose the operation frequency of the antenna to connect with. Thus, one antenna and can work on any IoT frequency band.
May 24, 2017 Antenova launches Grandis – a smaller antenna for the growing LPWAN market, IoT and smart cities
Anenova Ltd. had launched an antenna named as Grandis that works on 863-870MHz / 902-928MHz ISM bands due to increase in requirement of LPWAN market, IoT and smart cities. Grandis is a low-profile antenna that utilizes a ground plane to radiate electromagnetic waves and is designed to be in the corner of the PCB. These can be used in scientific and medical applications, industries, smart metering, manufacturing automation, network devices, agricultural and environmental monitoring and consumer tracking, globally.
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Chip Antenna Market – Regional analysis
The global market for chip antenna is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of the chip antenna market is done for North America, Europe, Asia-Pacific, and the rest of the world.
Asia-Pacific is expected to dominate the chip antenna market during the forecast period. The major factors influencing the market in this region are expanding consumer electronics industry and increasing adoption of automation. North America is also expected to grow at a significant pace due to early adoption of advanced technologies such as Wi-Fi, ZigBee, and others. Also, well-established economies such as the US, and Canada, are spending a large share on research and development of wireless transmission technologies, which is expected to fuel the market growth of chip antennas in the region.
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.5 Bargaining Power Of Suppliers
4.2 Value Chain/Supply Chain Of Chip Antenna Market
5 Market Overview Of Chip Antenna Market
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
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LIST OF TABLES
Table1 Global Chip Antenna Market, By Country, 2018–2023
Table2 North America: Chip Antenna Market, By Country, 2018–2023
Table3 Europe: Chip Antenna Market, By Country, 2018–2023
Table4 Asia Pacific: Chip Antenna Market By Country, 2018–2023
Table5 North America: Chip Antenna Market, By Country
LIST OF FIGURES
FIGURE 1 Global Chip Antenna Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Chip Antenna Market
FIGURE 4 Value Chain Of Global Chip Antenna Market
FIGURE 5 Share Of Chip Antenna Market In 2018, By Country (In %)
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