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Embedded Antenna Systems Market Size, Trends, Scope & Forecast 2027

The global 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.<br><br>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.

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Embedded Antenna Systems Market Size, Trends, Scope & Forecast 2027

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  1. MarketsandMarkets Presents Embedded Antenna Systems Market Size, Trends, Scope & Forecast 2027 Embedded Antenna Systems Market by Antenna Type (Chip, Patch, PCB Trace and FPC), Connectivity (Wi-Fi/Bluetooth, GNSS/GPS, Cellular, LPWAN, and UWB), End User, and Geography (2020-2027) https://www.marketsandmarkets.com/Market-Reports/embedded-antenna-systems-market-222999590.html

  2. The global 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. Browse 145 market data Tables and 55 Figures spread through 199 Pages and in-depth TOC on "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"

  3. 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. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=222999590 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.

  4. 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. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=222999590 Key Market Players Major 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.

  5. Opportunity: Development of 5G The demand for embedded antennas is fueled by the developments in the wireless communications industry, such as long-term evolution (LTE), increased adoption of smart devices, higher mobility, and explosive growth in mobile data traffic. New wireless technologies such as LTE and 5G, which are the fastest-growing mobile technologies and would continue to evolve in the future, demand more spectrum and more energy. With the growing number of connected devices, high-speed internet connectivity has become one of the most important parameters in digitally advanced workplaces. With 3G as the absolute wireless broadband technology and 4G rapidly expanding its prospects across numerous applications, the industry focus has shifted toward the development of the 5G technology, which is anticipated to become the next phase of development across the highly dynamic broadband industry. The 5G network infrastructure would help release connectivity of ¡Ý1 Gbps as speculated by leading network providers and cover end-to-end/point-to-point-based ecosystems, enabling a fully connected world, where the network would be highly heterogeneous. The 5G network is expected to offer a high-speed data transfer rate, high device connection density, and deliver real-time services with minimum latency. 5G would operate on the millimeter spectrum, which would require more base stations to provide the same level of coverage as 4G. Therefore, the development of 5G is expected to create lucrative opportunities for the players operating in the embedded antenna systems market during the forecast period. Challenge: Need for reduction of stock-keeping units (SKUs) The difference in spectrum allocation across regions compels OEMs to produce multiple SKUs of the same IoT devices connected to wide area network (WAN) technologies. This is expected to continue as 2G and 3G networks are phased out and devices transition to LTE and 5G, a technology with more than 40 spectrum bands. 5G is increasing the number of spectrum bands that OEMs need to consider for antenna design.

  6. About MarketsandMarkets 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 early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of markets.

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