PUNE, India, September 26, 2016 /PRNewswire/ --
According to a new market research report "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", published
by MarketsandMarkets, the market was valued at USD 1.28 Billion in 2015 and is expected to be
worth USD 2.99 Billion by 2022,
rowing at a CAGR of 13.1% between 2016 and 2022.
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Browse 77market data Tables and 50 Figures spread through 154
Pages and in-depth TOC on "Chip Antenna
Market"
http://www.marketsandmarkets.com/Market-Reports/chip-antenna-market-154243322.html
Early buyers will receive 10% customization
on this report.
The key factor driving the global chip antenna market is the
rising demand for consumer electronic devices such as smartphones,
wearables, and gaming consoles that use chip antennas for wireless
communication. Market growth is also driven by the demand for these
antennas in the industrial sector, which has been triggered by the
increasing use of wireless technology for machine-to-machine
communication in manufacturing industries.
The smart grid/smart home segment is expected to grow at the
highest CAGR between 2016 and 2022
The smart home/smart grid segment of the Chip Antenna
Market is expected to grow at the highest CAGR between 2016 and
2022. Chip antennas are used in automated devices in smart homes,
which are connected to wireless communication structures such as
Bluetooth and WLAN. The growing demand for smart home automated
devices across the globe is expected to boost the chip antenna
market.
The market for the LTCC chip antennas would grow at the
highest CAGR between 2016 and 2022
The market for LTCC-based chip antenna systems is expected to
witness the highest growth, owing to the benefits offered by LTCC
chip antennas, such as very small dimension and low cost compared
to dielectric chip antennas. The growing demand for wireless
applications such as Bluetooth, dual band/multi-band, GPS, and WLAN
in different end-user industries will likely drive the demand for
LTCC chip antennas during the forecast period.
APAC currently leads the chip antenna market in terms of
market size
APAC held the largest share of the chip antenna market in 2015.
This can be attributed to the growing demand for consumer
electronic devices such as smartphones, tablets, and wearables in
the region. China is the largest
automotive manufacturer in the world; the prospective use of chip
antennas for wireless communication in automotive telematics
applications such as navigation, vehicle tracking, and others is
contributing in the growth of the chip antenna market in the APAC
region.
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The companies that are profiled in the report are Johanson
Technology, Inc. (U.S.), Mitsubishi Materials (Japan),Yageo Corporation (Taiwan), Vishay Intertechnology, Inc. (U.S.).,
Fractus S.A. (Spain), Antenova M2M
(U.K.), Taoglas (Ireland), Linx
Technologies (U.S.), Fractus Antenna S.L. (Spain), Pulse Electronics (U.S.), Inpaq
Technology Co., Ltd. (Taiwan), and
Partron Co., Ltd. (South
Korea).
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http://www.marketsandmarkets.com/Market-Reports/distributed-antenna-system-equipment-market-25689918.html
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