Embedded Antennas Systems Market worth $8.4 billion by 2027, at CAGR of 14.9%

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Embedded Antennas Systems Market worth $8.4 billion by 2027, at CAGR of 14.9%

January 11
20:16 2022
Embedded Antennas Systems Market worth $8.4 billion by 2027, at CAGR of 14.9%
Embedded Antennas Systems Market
[199 Pages Report] The Embedded Antenna Systems Market Size is Expected to reach USD 8.4 billion by 2027 from USD 3.2 billion in 2020, at a CAGR of 14.9% during the forecast period.

According to a research report 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″ published by MarketsandMarkets, the 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.

• Informational PDF Brochure :- https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=222999590

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 End User, and Geography – Global Forecast to 2027″View detailed Table of Content herehttps://www.marketsandmarkets.com/Market-Reports/embedded-antenna-systems-market-222999590.html

Embedded Antenna Systems Market

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.

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.

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.

The novel coronavirus has affected the global economy to a large extent. The economies in APAC, including Japan, China, South Korea, India, and Australia, have a significant contribution toward the global economy as they are home to various manufacturing and assembly plants in the world. China, which is known as the manufacturing hub of the world, faced a serious economic crisis owing to the spread of the virus and brought all economic activities to a standstill for weeks. The other countries, such as India, Australia, South Korea, and Japan, have also witnessed a downfall in the economic activities across various sectors.

Some of the key 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.

Don’t miss out on business opportunities in Embedded Antenna Systems Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

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