DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Chip Antenna Market by Product Type (Dielectric Chip and LTCC Chip), Application Type (WLAN/WiFi, Bluetooth/BLE, Dual Band/Multi-Band, and GPS/GNSS), End-User Industry (Automotive, Healthcare, and Industrial & Retail) - Global Forecast to 2022" report to their offering.
The market for the same is expected to be worth USD 2.99 billion by 2022, growing at a CAGR of 13.1% between 2016 and 2022
The growth of the chip antenna market can be attributed to the increasing demand for chip antennas in IoT devices for wireless communication. Alternatively, the variation in the performance efficiency and a limited range of the chip antenna are restraining the market growth.
"The dielectric chip antenna segment held the largest share in the chip antenna market in 2015"
The dielectric chip antenna segment accounted for the largest share in the market in 2015. The increasing space constraints in consumer electronic devices such as smartphones, laptops, and wearables owing to miniaturization technology have led to the high demand for compact dielectric chip antennas.
"The consumer electronics end-user industry was the largest market for chip antennas in 2015"
The consumer electronics end-user industry is estimated to be the largest market for chip antennas, as these antennas are used extensively in smartphones, tablets, smart TVs, wearables, and gaming consoles for wireless applications such Bluetooth, WLAN/WiFi, and GPS. The growing demand for smartphones and wearable devices around the world is expected to boost the chip antenna market for this segment.
"Chip antenna market in APAC expected to grow at the highest CAGR"
The market in APAC is expected to grow at the highest CAGR between 2016 and 2022, as the region is one of the largest producers of consumer electronic devices such as smartphones, which generally use chip antennas. Additionally, APAC is the largest automotive production hub in the world. The growing use of wireless communication for telematics application in automobiles has helped in the growth of the chip antenna market in APAC.
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/dv3z4c/chip_antenna