According to a market report by Lucintel, the future of the chip antenna market looks promising with opportunities in the automotive, healthcare, industrial and retail, smart grid/smart home, and consumer electronics industries. The chip antenna market is expected to grow with a CAGR of 13% from 2019 to 2024. The major growth drivers for this market are the lower cost of SMD chip antennas as compared to conventional antennas, growing demand for chip antenna in IoT applications, and miniaturization in consumer electronics.
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LTCC and dielectric chip antenna are the antenna types for this market. Dielectric chip antenna is the largest segment. Within the chip antenna market, automotive, healthcare, industrial and retail, smart grid/smart home, and consumer electronics are the major end use industries. Smart grid/smart home is the largest segment for the chip antenna market. APAC will remain the largest region over the forecast period.
Yageo, Vishay Intertechnology, Johanson Technology, Pulse Electronics, Taoglas, Mitsubishi Materials, Partron, Inpaq Technology, Antenova M2m, Fractus S.A. are among the major manufacturers of chip antenna
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the chip antenna market by antenna type, application, end use industry, and region. Lucintel has prepared a comprehensive research report entitled “Chip Antenna Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the chip antenna market by antenna type, application, end use industry, and region as follows:
By Antenna Type [$M shipment analysis for 2013 – 2024]:
LTCC Chip Antenna
Dielectric Chip Antenna
By Application [$M shipment analysis for 2013 – 2024]:
WLAN/WiFi
Bluetooth/BLE
Dual Band/Multi-Band
GPS/GNSS
By End Use Industry [$M shipment analysis for 2013 – 2024]:
Automotive
Healthcare
Industrial & Retail
Smart Grid/Smart Home
Consumer Electronics
Others
By Region [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/chip-antenna-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.