Chip Antenna Market Opportunities, Revenue Analysis and - Forecasts from 2019 to 2023
Updated on Nov 21, 2019
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Chip Antenna Market - Overview
Global chip Antenna market is expected to generate a market value of USD 6 billion by 2023 growing at a CAGR of ~15%.
Chip Antenna Market 2019 Research Report – Global Industry Forecast to 2023, is latest research report on Global Chip Antenna Market industry published by Market Research Future. Report provides comprehensive information on Global Chip Antenna Market forecast, historic data, with business development strategies, upcoming opportunities, and regional outlook.
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.
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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.
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).
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.
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.
July 2018, Fractus Antennas, a leading designer and manufacturer of chip antennas, introduced an antenna booster solution named as “ALL mXTEND (FR01-S4-220)”. The solution is categorized under the company’s patented Virtual Antenna Technology and supports multiband performance of wireless devices.
December 2017, Antenova Ltd. issued a product brief for its “GNSS Antenna, part number M20047-1” named Active Sinica. This antenna is compact in size, can be easily integrated with tracking devices such as telematics and wearable sports devices and used in environments where there is a restricted view of the sky and line of sight.
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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.
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