The global Ultra WideBand Market is predicted to touch USD 2.7 billion at a 19.6% CAGR between 2020- 2027, states the recent Market Research Future (MRFR) analysis. Ultra wideband, simply put, is a radio innovation which can use a short energy level for short reach and high data transmission correspondences over a considerable radio range. This has conventional applications in non-agreeable radar imaging.
Various factors are fuelling the global ultra wideband market share. As per the recent MRFR market estimates, such factors include the growing need for such technology in RTLS applications, increasing adoption of IIoT, ongoing advances in new application areas of UWB technology in the wireless sensor network, growing deployment of UWB technology in mobile devices, and growing demand of this technology in real-time location systems.
On the contrary, the impact of the COVID-19 pandemic on the economy, premium pricing, limited throughput, low range, and low network latency may limit the global ultra wideband market growth over the forecast period.
The MRFR report throws light on an inclusive segmental analysis of the global ultra wideband market based on application, industry, components, and technology.
By application, the global ultra wideband market is segmented into wireless peripheral interface, based service, internet access and multimedia service.
By industry, the global ultra wideband market is segmented into transportation, utilities, healthcare, and IT and telecom.
By components, the global ultra wideband market is segmented into motherboard, integrated circuits, and sensors.
By technology, the global ultra wideband market is segmented into long range and short range.
By region, the global ultra wideband market covers the recent trends and growth opportunity across North America, Europe, the Asia Pacific (APAC), and Rest of the World (RoW). Of these, North America will command the market over the forecast period. The presence of major ultra wideband parts in the district, real-time area service advancements, high acceptance of ultra wideband based real time location services for industrial processes, large bandwidth, and Canada and the US focused to offer fast and precise transmission of data across terminals are adding to the global ultra wideband market growth in the region. Besides, the increasing need of data digital in the US as this is accessible at a low cost owing to carrier free feature and widely accepted form of UWB technology is also adding market growth.
In the APAC region, the ultra wideband market is predicted to have promising growth over the forecast period for high modern development in the assembling and retail area and impulse radio dominating the region as this can be implemented at low cost and also it assists in attaining GB/Second data rate that is considered as the phenomenal speed.
In Europe, the ultra wideband market is predicted to have notable growth over the forecast period for the growing demand for impulse radio in Germany as it offer carrier free and robust data transmission attracting the people of the country, the presence of several prominent players. Such companies are investing a key share to innovate new techniques which can increase the wireless data capabilities in portable devices at higher bandwidth and reduce the power consumption and cost incurred in the provision of such services.
The leading players profiled in the global ultra wideband market report include Zebra Technologies Corporation (US), BeSpoon SAS (France), Fractus Antennas S.L. (Spain), DecaWave Ltd. (Ireland), Nanotron Technologies GmbH (Germany), Johanson Technology, Inc. (US), Alereon, Inc. (US), Pulse LINK, Inc. (US), 5D Robotics, Inc. (US), and Taiyo Yuden Co Ltd. (Japan), among others.
The global ultra wideband market is fragmented and also competitive with the presence of many domestic as well as international industry players. They have incorporated assorted strategies to stay at the forefront and also cater to the surging needs of the customers, including collaborations, partnerships, contracts, geographic expansions, new product launches, joint ventures, and more. Additionally, these players are also making heavy investments in research and development activities for strengthening their portfolios and also creating a hold in the market.
April 2021- Apple’s car features will add U1 ultra wideband support this year.
TABLE OF CONTENTS
1 MARKET INTRODUCTION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.3 MARKET STRUCTURE
2 RESEARCH METHODOLOGY
2.1 RESEARCH NETWORK SOLUTION
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
2.4 FORECAST MODEL
2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST
2.4.2 MARKET SIZE ESTIMATION
3 MARKET DYNAMICS
7 COMPETITIVE ANALYSIS
7.1 MARKET SHARE ANALYSIS
7.2 COMPANY PROFILES
7.2.1 TAIYO YUDEN CO LTD (JAPAN)
7.2.2 5D ROBOTICS, INC. (U.S.)
7.2.3 ALEREON, INC. (U.S.)
7.2.4 ZEBRA TECHNOLOGIES CORPORATION (U.S)
7.2.5 PULSE LINK, INC. (U.S.)
7.2.6 JOHANSON TECHNOLOGY, INC. (U.S.)
7.2.7 NANOTRON TECHNOLOGIES GMBH (GERMANY)
7.2.8 DECAWAVE LTD. (IRELAND),
7.2.9 FRACTUS ANTENNAS S.L. (SPAIN)
7.2.10 BESPOON SAS (FRANCE)
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