The chip antenna market is expected to be worth USD 2.99 Billion by 2022, growing at a CAGR of 13.1% between 2016 and 2022
A key factor driving the growth of this market is the increasing demand for chip antennas for IoT applications such as smart homes, smart grids, industrial internet, and connected cars.
The dielectric chip antenna segment is estimated to hold the largest share in the chip antenna market, by product type. The demand for dielectric chip antennas is mainly attributed to the growing demand for compact antennas that operate at multiple frequency ranges and help reduce space in devices such as smartphones and wearables devices and others.
In terms of wireless applications, the Bluetooth segment is estimated to account for the largest share in the chip antenna market, as Bluetooth technology is widely used for short-range wireless communication in consumer electronic devices such as headsets, smartphones, wearables, and gaming consoles. The growing demand for these consumer electronic devices is propelling the growth of the chip antenna market for Bluetooth applications.
The smart home/smart grid end-user industry segment of the chip antenna market is expected to grow at the highest CAGR between 2016 and 2022.The growing adoption of IoT systems in the smart home application for which wireless technologies, such as Bluetooth, WLAN, are used to connect different IOT devices is contributing to the growth of this segment.
Yageo Corporation (Taiwan) is one of the frontrunners in the chip antenna market. The company is a leading global provider of passive components and services. It offers a broad range of products, such as resistors, capacitors, and wireless components. The company predominantly focuses on its core business and improving its product mix by developing new products using its strong research and development capabilities.
Yageo has adopted the strategies of new product development and launch to expand its presence in the chip antenna market. For instance, the company launched two small, multi-band antennas-ANT5320LL14R1516A and ANT8010LL05R1516A for the GPS/GLONAS for applications such as navigation, tracking, and tracing.
The companies that are profiled in the report are
- Antenova M2m
- Fractus Antenna S.L.
- Fractus S.A.
- Inpaq Technology Co., Ltd.
- Johanson Technology, Inc.
- Linx Technologies
- Mitsubishi Materials Corporation
- Partron Co., Ltd.
- Pulse Electronics
- Vishay Intertechnology, Inc.
- Yageo Corporation
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Chip Antenna Market, By Product Type
8 Chip Antenna Market, By Application Type
9 Chip Antenna Market, By End-User Industry
10 Geographic Analysis
11 Competitive Landscape
12 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/vg6383/chip_antenna
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/chip-antenna-market-2016-2022-by-product-type-application-type-end-user-industry-yageo-leads-the-299-billion-industry---research-and-markets-300339826.html
SOURCE Research and Markets