United State – Global Chip Antenna Market Status, Trends and COVID-19 Impact Report 2021, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Chip Antenna market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Digital Evidence Management market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region.
The global chip antenna market size was US$ 1.19 billion in 2021. The global chip antenna market is forecast to grow to US$ 2.8 billion by 2030, registering a compound annual growth rate (CAGR) of 9.1% during the forecast period from 2022 to 2030.
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A chip antenna is a small antenna that is used to broadcast and receive radio frequency signals in a variety of wireless applications, including dual-band and multiband, Bluetooth low energy, GPS/GPS, and Wi-Fi/WLAN.
Factors Influencing the Market
Consumer electronics are in high demand, which is driving the growth of the global chip antenna market. The global chip antenna market is predicted to rise due to the increased adoption of technologies such as the Internet of Things (IoT), linked vehicles, automation, and smart grids.
Consumer electronics miniaturization is a necessary trend driving the growth of the chip antenna market.
The growing desire for tiny antennas working at many frequency ranges and minimizing space in devices such as smartphones, wearables, and other gadgets will prompt the growth of the chip antenna market.
The growing popularity of Bluetooth technology is expected to surge the demand for consumer electronic products like headsets, smartphones, wearables, and game consoles. Thus, the chip antenna market will expand due to these factors.
COVID-19 Impact Analysis
The demand for consumer electronics declined drastically. As a result, it hampered the growth of the global chip antenna market. Moreover, the manufacturing activities were also halted due to the COVID-19 pandemic. Thus, the demand for chip antennas was also reduced. Furthermore, research and development activities were also postponed due to this national emergency, which was a significant downfall for the global chip antenna market.
Regional Analysis
Asia-Pacific holds the largest share in the global chip antenna market. North America and Europe are forecast to hold the second and third largest share in the global market. Emerging economies, such as India, China, South Korea, and Indonesia, are likely to enhance the domestic market growth. In addition, the consumer electronics industry’s growth and the rise in automation adoption would boost the region’s market size in the global market in the near future.
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Competitors in the Market
- Vishay Intertechnology, Inc.
- Yageo Corporation
- Johanson Technology, Inc.
- Fractus S.A.
- Antenova Ltd.
- Partron Co., Ltd.
- Inpaq Technology Co., Ltd.
- Mitsubishi Materials Corporation
- Taoglas Limited
- Fractus Antennas S.L
- Other Prominent Players
Market Segmentation
The global chip antenna market segmentation focuses on Product, Application, End-Use, and Region.
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
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Based on Region
North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
Key questions answered in the global Chip Antenna market report are:
- How does a global company acquire markets?
- What are its core strategies and policies?
- What factors will influence the Chip Antenna market over the forecast period?
- What are the factors driving and restraining the market for Chip Antenna?
- What are the leading competitors in the global market?
- Which region is growing at a higher pace in the global market?
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