Embedded Antennas Systems Market worth $8.4 billion by 2027 - Exclusive Report by MarketsandMarkets™
CHICAGO, Jan. 11, 2022 /PRNewswire/ -- According to the new research report the "Embedded Antenna Systems Market with COVID-19 Impact Analysis, by Antenna Type (Chip, Patch, PCB Trace and FPC), Connectivity (Wi-Fi/Bluetooth, GNSS/GPS, Cellular, LPWAN, and UWB), End User, and Geography - Global Forecast to 2027", published by MarketsandMarkets™, the Embedded Antenna Systems Market was valued at USD 3.2 billion in 2020 and is expected to reach USD 8.4 billion by 2027; it is anticipated to register a CAGR of 14.9% during the forecast period from 2021 to 2027. The key factors driving the growth of the embedded antenna systems market include increasing adoption of embedded antenna in Internet of Things devices, increasing demand for low-power wide area (LPWA) networks in IoT applications, and others.
Ask for PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=222999590
Chip antenna segment to account for the largest share of embedded antenna systems market during the forecast period
On the basis of antenna type, the embedded antenna systems market has been segmented into PCB trace antenna, chip antenna, patch antenna, FPC antenna and others. The chip antenna segment of the embedded antenna systems market is projected to hold the largest market share than all other antenna types owing to the heavy consumption of chip antennas by consumer electronics manufacturers globally.
Consumer Electronics to account for the largest share of embedded antenna systems market during the forecast period
Based on end user, the embedded antenna systems market has been segmented into consumer electronics, automotive & transportation, industrial, communication (datacom & telecom), healthcare, aerospace & defense, and others. The consumer electronics segment holds the largest share of the embedded antenna systems market from 2021 to 2027, as these antennas are used extensively in smartphones, tablets, smart TVs, wearables, gaming consoles, and other peripheral devices for wireless applications such Bluetooth, WLAN, Wi-Fi, GPS, and others.
Browse in-depth TOC on "Embedded Antennas Systems Market"
Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=222999590
APAC to account for the largest share of embedded antenna systems market during the forecast period
Among all regions, APAC held the largest market share in 2020. The market in APAC is also expected to grow at the highest CAGR during the forecast period, owing to the concentration of consumer electronics manufacturers in the region. The growing penetration of smartphones and smart home devices in the developing countries in APAC is expected to spur the demand for embedded antennas in the region. Government investments in urban planning and smart city development in China and India are expected to provide new growth opportunities for IoT devices during the forecast period; this, in turn, is expected to drive the adoption of embedded antennas in cellular and LPWAN connectivity devices.
The novel coronavirus has affected the global economy to a large extent. The economies in APAC, including Japan, China, South Korea, India, and Australia, have a significant contribution toward the global economy as they are home to various manufacturing and assembly plants in the world. China, which is known as the manufacturing hub of the world, faced a serious economic crisis owing to the spread of the virus and brought all economic activities to a standstill for weeks. The other countries, such as India, Australia, South Korea, and Japan, have also witnessed a downfall in the economic activities across various sectors.
Some of the key players in the embedded antenna systems market are Molex (US), Taoglas (Ireland), Kyocera AVX (US), Linx Technologies (US), Antenova Ltd. (UK), Yageo Corporation (Taiwan), Abracon (US), Ignion (Spain), TE Connectivity (Switzerland), and so on.
Antenna, Transducer, and Radome Market by Product (Antenna & Transducer, Radome), Platform (Ground, Naval, Airborne), End User, Application, Technology (Radar, Communication, Sonar), Frequency, Region - Global Forecast to 2025
Distributed Antenna System Market with COVID-19 impact analysis by Offering (Components and Services), Coverage (Indoor and Outdoor), User Facility, Ownership Model, Vertical (Comercial and Public Safety) and Geography - Global Forecast to 2025
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Email: [email protected]
Security â€“ From Start to Finish
Conference Luncheon - For Paid Conference Pass Holders, Exhibitors, Sponsors, Speakers, Press
Solutions Showcase - Battle for the ROI