The increasing development of numerous smart devices, smart homes, smart grids, industrial internet, and connected cars is fueling the Internet of Things (IoT) ecosystems rapidly. Further, IoT applications rely heavily on a wireless connection to connect with IoT gateways and other devices in the ecosystem, especially in scenarios where cable connectivity is practically impossible. Various antennas support numerous networks to allow connectivity, which bolsters the growth of the embedded antenna system market. Moreover, IoT technologies help the automotive industry create various innovative and advanced solutions, such as connected car solutions, Advanced Driver-Assistance Systems (ADAS), in-vehicle infotainment systems, and navigation and telematics solutions. Further, Embedded antennas are integrated into IoT-enabled cars. The antenna systems assist the drivers in driving the vehicles efficiently. Thus, the rise in the demand for IoT-enabled cars or connected cars drives the embedded antenna system market growth. In addition, car manufacturers are integrating sophisticated in-vehicle infotainment systems to provide differentiated services to their customers, which eventually supports market growth.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe embedded antenna system market. The Europe embedded antenna system market is expected to grow at a good CAGR during the forecast period.
Strategic insights for the Europe Embedded Antenna System provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 685.00 Million |
Market Size by 2028 | US$ 1,375.54 Million |
Global CAGR (2021 - 2028) | 10.5% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Antenna Type
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
The geographic scope of the Europe Embedded Antenna System refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Europe embedded antenna system market is segmented based into antenna type, connectivity, end use, and country. Based on antenna type, the Europe embedded antenna system market is segmented into PCB trace antenna, chip antenna, patch antenna, flexible printed circuit antenna, and others. The PCB trace antenna segment dominated the Europe embedded antenna system market in 2020; however, the flexible printed circuit antenna segment is expected to be the fastest growing segment during the forecast period. Based on connectivity, the Europe embedded antenna system market is segmented into GNSS/GPS, WiFi-Bluetooth, cellular, mmWave (5G), LPWAn, RFID, and UWB. The GNSS/GPS segment dominated the Europe embedded antenna system market in 2020; however, the mmWave (5G) segment is expected to be the fastest growing segment during the forecast period. Based on end use, the Europe embedded antenna system market is segmented into consumer electronics, communication, healthcare, aerospace & defense, industrial, automotive & transportation, and others. The consumer electronics segment dominated the Europe embedded antenna system market in 2020; however industrial segment is expected to be fastest growing segment during the forecast period. Further, based on communication, Europe embedded antenna system market is segmented into datacom and telecom. Based on country, the Europe embedded antenna system market is segmented into the UK, Germany, France, Italy, Russia, and the rest of Europe.
Airgain, Inc.; Antenova Ltd.; KYOCERA-AVX; Linx Technologies; Mitsubishi Electric Corporation; Molex, LLC (Koch Industries, Inc.); Taoglas; TE Connectivity Corporation; Walsin Technology Corporation; and Yageo Group are among the leading companies in the Europe embedded antenna system market.
The Europe Embedded Antenna System Market is valued at US$ 685.00 Million in 2021, it is projected to reach US$ 1,375.54 Million by 2028.
As per our report Europe Embedded Antenna System Market, the market size is valued at US$ 685.00 Million in 2021, projecting it to reach US$ 1,375.54 Million by 2028. This translates to a CAGR of approximately 10.5% during the forecast period.
The Europe Embedded Antenna System Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Embedded Antenna System Market report:
The Europe Embedded Antenna System Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Embedded Antenna System Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Embedded Antenna System Market value chain can benefit from the information contained in a comprehensive market report.