Embedded Antenna Systems Market 2023 Global Analysis by Size, Share, Trend, Opportunities and Regional Growth, Forecast 2030
Embedded Antenna Systems Market Scope & Overview sma connector pcb mount
The SNS Insider report indicates that the Embedded Antenna Systems Market was valued at USD 4.35 billion in 2022, and it is projected to achieve a market size of USD 13.33 billion by 2030, with a compound annual growth rate (CAGR) of 15% expected over the forecast period from 2023 to 2030.
Embedded Antenna Systems Market With a wide range of smart goods available for both home and industrial use, the Internet of Things (loT) ecosystem is expanding quickly. Among many other things, linked automobiles, smart grids, smart homes, and industrial internet are examples of loT application fields.
The advancements in the wireless communications sector, including long-term evolution (LTE), a rise in the use of smart devices, increasing mobility, and an explosive increase in mobile data traffic, are driving up demand for embedded antennas. The fastest-growing mobile technologies, LTE and 5G, are examples of new wireless technologies that will only get better in the future want greater energy and spectrum. As the quantity of devices linked to the internet increases, high-speed internet connectivity must become one of the most crucial factors in workplaces with advanced digital technology. Considering 3G to be the ultimate wireless broadband. The industry's attention has moved toward the rapidly rising prospects of technology and 4G across a wide range of applications. creation of 5G technology, which is projected to represent the subsequent stage of development worldwide.
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Key Players Covered in Embedded Antenna Systems market report are:
- Maxtena Inc. - Mobile Mark Inc. - Myers Engineering International Inc. - Abracon - CPI International Inc. - Taoglas - Linx Technologies - Laird Technologies - Ignion - TE Connectivity & Other Players.
Consumer Electronics, Communication, Healthcare, Aerospace & Defense, Industrial, Automotive & Transportation, and Others are the market segments based on End User. 2020 saw the communication segment gain a sizable sales share in the embedded antenna systems market. An antenna is a vital component of a communication system. It is employed for radio frequency signal reception and transmission. In actuality, an antenna is a structure that can radiate or depending on the circumstances, receiving electromagnetic radiation. Outlook Type of Antenna The market is divided into three segments based on the kind of antenna: chip antenna, PCB trace antenna, and flexible printed circuit Patch antennas, FPC antennas, and other antennas. A sizeable revenue share was obtained by the PCB Trace Antenna section in the market for embedded antenna systems by 2020.
Embedded Antenna Systems Market Segmentation as Follows:
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The regions that make up the global market for embedded antenna systems are North America, Europe, Asia Pacific, South America, and the Middle East and Africa. Growing smartphone and smart home device usage in Asia Pacific's developing nations is anticipated to increase the region's need for embedded antenna systems. In China and India, government spending on smart city development and urban planning is anticipated to provide ample chances for loT devices and the integration of embedded antennas in mobile and devices with LPWAN connectivity throughout the predicted period. Asia Pacific's embedded antenna systems market is anticipated to grow rapidly because the existence of significant players and heightened rivalry amongst them. In North America, the market is predicted to grow steadily during the course of the forecast period due to the existence of fewer number of participants in the area.
The need to incorporate several loT modules is growing as they become increasingly compact and employed in diverse applications. The use of wifi in loT devices is growing. Because embedded antennas are compact, they are the ideal choice for low-frequency uses for more compact loT solution designs. Due of this, integrated antennas are in significant demand across numerous loT apps.
- January 2022: KYOCERA released the first evaluation board in the industry for gauging the performance of antenna band switching. One of the first of its kind to hit the global electronics market, the most recent KYOCERA AVX Antenna Band Switching Evaluation Board will help RF design engineers optimize antenna performance, size, and emissions, cut down on device design iterations, more easily meet regulatory and customer requirements, and accelerate product time-to-market.
Table of Content – Analysis of Key Points
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