New York, March 29, 2022 (GLOBE NEWSWIRE) -- The Insight Partners published latest research study on “Embedded Antenna System Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Antenna Type (PCB Trace Antenna, Chip Antenna, Patch Antenna, Flexible Printed Circuit Antenna, and Others), Connectivity [GNSS/GPS, WiFi-Bluetooth, Cellular, mmWave (5G), LPWAn, RFID, and UWB], and End Use (Consumer Electronics, Communication, Healthcare, Aerospace & Defense, Industrial, Automotive & Transportation, and Others)”, the global embedded antenna system market growth is driven by the increasing adoption of the embedded antenna system in the consumer electronics industry and the rising emergence of IoT-based devices/technology.
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| Report Coverage | Details |
| Market Size Value in | US$ 2.85 billion in 2021 |
| Market Size Value by | US$ 5.68 billion by 2028 |
| Growth rate | CAGR of 10.3% from 2021 to 2028 |
| Forecast Period | 2021- 2028 |
| Base Year | 2021 |
| No. of Pages | 204 |
| No. Tables | 111 |
| No. of Charts & Figures | 97 |
| Historical data available | Yes |
| Segments covered | Antenna Type, Connectivity, and End Use |
| Regional scope | North America; Europe; Asia Pacific; Latin America; MEA |
| Country scope | US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Embedded Antenna System Market: Competitive Landscape and Key Developments:
Airgain, Inc.; Antenova ltd.; Infinite Electronics International, inc.; Kyocera AVX Components Corporation; Mitsubishi Materials Corporation; MOLEX; LINX Technologies; TE Connectivity; Walsin Technology Corporation; YAGEO Group; TAOGLAS; Tallysman; Panorama Antennas ltd; Mobile Mark, inc.; and 2J Antennas, S.R.O. are among the key players that are profiled during this embedded antenna system market study. In addition, several other companies were also studied and analyzed to get a holistic view of the embedded antenna system market and its ecosystem.
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In 2022, Taoglas announced a partnership with Embedded Works to provide its antennas for Embedded Works portfolio in Helium Network crypto–mining gateways.
In 2022, Mitsubishi Electric Corporation announced the development of a prototype of the world's smallest antenna for high-precision satellite-based positioning in four frequency bands used by the world's main satellite-positioning systems and positioning-augmentation services.
Electronic modules or devices are being designed taking size and weight reduction into consideration and simultaneously providing reliable signal integrity for high-speed transmissions, even in harsh environments, as the demand for portable electronics continues to increase in different markets. The above-mentioned advancements significantly impact antenna technology and IoT antenna designs, resulting in ultra-compact antennas with great efficiency and performance and eventually driving the embedded antenna system market growth.
Smartphones have evolved from 4G LTE to 5G, and the complexity of traditional antenna configurations has required more space in 5G smartphones which will increase the demand of miniaturization technology and drives the embedded antenna system market size. PCBs and other electronic components must be compressed to achieve higher density and smaller form factors. These factors have pushed the antenna toward thinner, smaller, and more complex processes. Thus, the growing demand for tiny antennas working at many frequency ranges and occupying lesser spaces in devices, such as smartphones and wearables, is likely to emerge as a future trend in the embedded antenna system market.
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The increasing demand for wireless technologies connecting mobile devices such as cellular phones and small button cell-powered devices, like sensors, watches, and mobile accessories to the web will drive the demand for Wi-Fi/Bluetooth enabled embedded antenna systems. Thus, the increase in the demand of wireless technology will drive the embedded antenna system market. Major players in the embedded antenna system market are developing Wi-Fi/Bluetooth-based embedded antennas, thereby driving the embedded antenna system market size. For instance, in 2021, AVX Corporation announced the launch of new series of embedded Wi-Fi antennas with operating frequencies up to 6 GHz.
The global outbreak of COVID-19 adversely impacted the consumer electronics manufacturing industry due to the temporary shutdown of production plants, bringing down the demand for embedded antenna systems. The embedded antenna system manufacturing across the globe experienced notable losses due to temporary factory shutdowns and low production volumes. Additionally, the demand side of the embedded antenna system market was impacted significantly due to stringent government regulations and lowered production capacities across end-use industries. These factors limited the embedded antenna system market growth in the first two quarters of 2020. However, since the Q3 of 2020, both demand and supply for embedded antenna systems started normalizing, helping the embedded antenna system market revive from the adversities caused by the COVID-19 pandemic. With the normalization of economic activities across North America in this quarter, supply chain stakeholders resumed their operations.
PCB Trace Antenna Type to Propel Embedded Antenna System Market Growth:
The embedded antenna system market, by antenna type, is segmented into PCB trace antenna, chip antenna, patch antenna, flexible printed circuit antenna, and others. The PCB trace antenna segment is expected to continue contributing significantly to the overall embedded antenna system market in the coming years. Basic PCB trace antennae are popular due to their large bandwidths, good efficiencies, ease of tuning, and costs. The increasing reach of smart home devices drives the demand for PCB trace antennae, eventually boosting the embedded antenna system market growth.
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Increasing Adoption of Embedded Antenna Systems in Consumer Electronics Industry Fuels Market Growth:
Consumer electronics devices, such as smartphones, laptops, smart TVs, wearables, tablets, gaming consoles, and peripheral devices, use embedded antenna systems for wireless applications, including Bluetooth, WLAN, Wi-Fi, and GPS. The increasing use of smartphones and laptops, among others, in developed and developing countries is mainly attributed to rising disposable income, increasing population, and growing Internet penetration. Advancements in smartphone technologies and increase in digitalization propel the growth of the embedded antenna system market. In addition, with the surge in popularity of Bluetooth, the demand for headsets, smartphones, wearables, game consoles, and other consumer electronics is also on rise, which contributes to the embedded antenna market growth.
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