Global Chip Antenna Market 2020 (Includes Business Impact of COVID-19)

                                          
“Global Chip Antenna Market” report, recently generated by Trusted Business Insights, tracks the global chip antenna market, which has been segmented on the basis of product type, application, end use, and region. The report is further segmented on the basis of country in each respective region in order to present a detailed perspective of the target market.

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Overview:

An antenna is used to enable transmission and receipt of radio frequencies. Chip antennas, whip antennas, and PCB antennas are some types of antennas available in the market currently. A chip antenna is a compact antenna that is used for transmission and reception of radio frequency signals, and is used in numerous wireless applications. These are also helpful for providing correct real-time location information and enabling and maintaining connectivity between devices.

Dynamics:

Demand for consumer electronics is increasing and adoption of technologies such as Internet of Things (IoT), connected cars, automation, and smart grids is rising, and these are major factors expected to drive growth of the global chip antenna market. In addition, lower cost of chip antenna as compared to other antennas is another factor expected to boost market growth.

However, growing compatibility issues during integration of a chip antenna on a circuit board and complex design, along with variable performance efficiency of chip antennas are among factors that could hamper growth of the global market.

Increasing miniaturization of consumer electronics is a key trend observed in the target market, and this is projected to continue to boost growth of the target market.

Furthermore, growing research and development activities related to chip antennas is projected to create future opportunities for players in the global market in future.

Segment Analysis:

By product type:

Among the product type segments, the dielectric chip antenna segment is expected to account for majority share in terms of revenue in the global market. Increasing demand for compact antennas that operate at numerous frequency ranges and help to reduce space in devices such as wearables devices, smartphones, and others is expected to drive growth in terms of revenue of this product type segment.

By Application:

Among the application segments, the Bluetooth segment is projected to contribute majority revenue share as compared to the others. This can attributable to wide use of Bluetooth technology in consumer electronics devices such as smartphones, wearables, headsets, and gaming consoles for short-range wireless communication.

By end user:

Among the end user segments, the IT & telecommunication segment is expected to register lucrative growth in terms of revenue over the forecast period.

Regional Analysis

The chip antenna market in Asia Pacific holds dominant position in the global market in terms of revenue and is expected to maintain its position over the forecast period. Growing adoption of automation and growing consumer electronics industry in countries such as China, Japan, India, and South Korea are factors expected to propel growth of the chip antenna market in Asia Pacific.

North America market is projected to register a substantial growth rate over the forecast period. This can be attributable to increasing adoption of developed technologies, and spending on research and development of wireless transmission technologies in countries such as the US and Canada. Revenue from the Europe chip antenna is expected to grow at a moderate rate in the near future.

Global Chip Antenna Market Segmentation:

Segmentation by Product Type:

Ceramic Multilayer Chip Antenna
Dielectric Chip Antenna

Segmentation by Application:

WLAN
ZigBee
Bluetooth
ISM
Others

Segmentation by End Use:

BFSI
IT & Telecommunication
Transportation
Manufacturing
Industrial
Government
Healthcare
Others