Chip Antenna Market 2021: Industry Size, Regions, Emerging Trends, Growth Insights, Development Scenario, Opportunities, and Forecast By 2027
Chip
Antenna Market Analysis, Trends, Size, and Forecast. Chip Antenna Market
Industry Overview, Market Growth, Market Share, Syndicate Report, and Business
Research Reports – US and UK
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Description
Chip Antenna Market Research Report:
Segmentation by End User (BFSI, Business, Healthcare, Transportation,
Manufacturing, IT & Telecommunications), by Function (Bluetooth, ISM,
WLAN), by Form (Ceramic Multilayer Chip, Dielectric Chip), and by Region – Global
Industry Sizing, Growth, Trend, Opportunity, and Forecast (2021–2027)
The chip antenna market report covers a thorough
analysis of the market dynamics, business models, segmental/regional analysis,
and respective market shares and strategies adopted by the key market players
operating globally. It entails an in-depth analysis of the factors influencing
the global market and market statistics indicating region-wise and segment-wise
market share/growth analysis. The report's study will outlook one of the most
exhaustive market analyses, capturing all the chip antenna industry aspects.
Chip Antenna Industry Outlook
The global chip antenna market size is USD 1.12
billion in 2020 and grow at a CAGR of 10.2% during the forecast period to reach
USD 3.4 billion by 2027. A chip antenna is a type of compact antenna commonly
used to transmit and receive radio frequency signals in various wireless
applications, such as dual-band and multiband, Bluetooth low energy, global
satellite navigation/global positioning system, and Wi-Fi/WLAN. Chip antennas
are cheap and often internalized inside small electronic devices. This antenna style
is the best choice when a large-size antenna is impractical.
Compared with other types, chip antennas are the
smallest size and can be mounted on circuit boards and radiate high-frequency
electromagnetic waves. These antennas have a high-frequency range and are
suitable for devices such as mobile phones and Wi-Fi routers. Chip antennas
endorse frequencies below 1GHz and can be accommodated even with minimal space
available on circuit boards.
Chip Antenna Market Dynamics:
Demand for consumer electronics is on the rise.
The growth in the adoption of technologies such as the Internet of Things
(IoT), connected vehicles, automation, and smart grids are major factors
expected to drive the growth of the global chip antenna industry.
Furthermore, lower chip antenna costs compared
with other antennas are another factor anticipated to fuel market growth.
Nevertheless, growing compatibility issues during the integration of a chip
antenna on a circuit board and intricate design, along with variable chip
antenna output quality, are among factors that could impede global market
development. The rising miniaturization of consumer electronics is a crucial
development seen in the target market, and this is expected to continue to fuel
target market growth.
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It is estimated that the dielectric chip antenna
segment holds the largest share of the chip antenna market by product form. The
need for dielectric chip antennas is mainly due to the growing demand for
compact antennas operating at different frequency ranges and minimizing space
in devices such as smartphones, wearables, and others.
The Bluetooth segment is estimated to account
for the largest share in the chip antenna market in terms of wireless
applications. Bluetooth technology is widely used for short-range wireless
communication in consumer electronic devices such as headsets and smartphones,
wearables, and gaming consoles. The growing demand for these consumer
electronic devices is propelling the growth of the market.
Moreover, growing chip antenna-related research
and development activities are projected to create future opportunities for
players in the global market in the future.
Impact of COVID-19 on Chip Antenna Market:
The report analyzes and includes a specific
detailed chapter about the short-term & long-term impact of the COVID-19
outbreak on each segment and region of the "Global Chip Antenna Market"
and relatable government measures with the most current standards to support
the industry. It also highlights the current market landscape during COVID
breakout, the virus's impact on leading companies, the expected demand
schedule, the industry's supply chain, and other significant factors. These
factors will help you identify those companies that may benefit from this
pandemic, as well as those that will lose out.
Scope of the Report
The report outlines the study of the chip
antenna market segmented based on product, application, and end-use.
Global Chip Antenna Market, by Product –
·
LTCC
Chip Antenna
·
Dielectric
Chip Antenna
Global Chip Antenna Market, by Application –
·
WLAN/Wi-Fi
·
Bluetooth/BLE
·
Dual
Band/Multi-Band
·
GPS/GNSS
Global Chip Antenna Market, by End-Use –
·
Automotive
·
Healthcare
·
Industrial
& Retail
·
Smart
Grid/Smart Home
·
Consumer
Electronics
·
Others
Chip Antenna Market: Regional Outlook
Based on the region, the global chip antenna
market has been segmented into five geographical regions, namely, North
America, Asia Pacific, Europe, South America, and the Middle East and Africa.
It is expected that the global demand for chip antennas will rise at a
significant rate over the forecast period. The chip antenna market is
geographically evaluated for North America, Europe, Asia-Pacific, South
America, and the Middle East & Africa. In 2019, Asia Pacific held the
largest share in the global chip antenna market and was further expected to
lead during the forecast period, followed by North America and Europe. Emerging
countries, including India, China, South Korea, and Indonesia, are expected to
boost the market growth in the domestic market. Also, the growth of the
consumer electronics industry and the rise in automation adoption will further
enhance the region's market size in the global market near the forecast period.
Chip Antenna Market: Competitive Landscape –
The leading chip antenna manufacturers in the global market
include Fractus S.A., Yageo Co., Fractus S.A., Partron Co., Ltd, Mitsubishi
Materials Corporation.
Other chip antenna manufacturers include Johanson Technology,
Inc., Vishay Intertechnologie, Inc., Inpaq Technology Co., Ltd, Linx
Technologies, Inc., Pulse Electronics, Antenova Ltd, and Taoglas Ltd. These
companies are focusing to strengthened their chip antenna offering by investing
in the expansion as well as distribution networks around the globe.
·
In July
2018, Fractus Antennas, a leading chip antenna designer and manufacturer,
launched an antenna booster solution named 'ALL mXTEND (FR-01S4-220)'. The
solution is classified under the Virtual Antenna Technology patented by the
company and supports wireless system multiband output.
·
In
December 2017, Antenova Ltd. released a product brief entitled Active Sinica
for its "GNSS Antenna, part number M200471." This antenna is compact
in size and can be easily integrated with tracking devices such as telematics
and wearable sports devices and used in areas where the sky's view and the line
of sight are limited
The chip antenna market report provides a
thorough analysis of macro-economic factors and every segment's market
attractiveness. The report will include an in-depth qualitative and
quantitative assessment of the segmental/regional outlook with the market
players' presence in the respective segment and region/country. The information
concluded in the report includes the inputs.
Chip Antenna Market Report Covers Comprehensive Analysis
On:
·
Market
Segmentation & Regional Analysis
·
Market
Size of 10 years
·
Pricing
Analysis
·
Supply
& Demand Analysis
·
Product
Life Cycle Analysis
·
Porter's
Five Forces & Value Chain Analysis
·
Developed
& Emerging Economies Analysis
·
PEST
Analysis
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