Market
Highlights
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.
Increased use
of high-speed wired internet access in enterprises, homes, and public spaces
has risen the need for ultra-wideband (UWB) frequency. The ultra-wideband (UWB)
frequency provide data transmissions at a faster rate across devices as
compared to wireless local area network (WLAN) or wireless personal area
network (WPAN). The ultra-wideband (UWB) radios can use frequencies ranging
from 3.1 GHz to 10.6 GHz depending upon the center frequency. The
ultra-wideband (UWB) frequency is an impulse based waveform that facilitates
sharing of frequency spectrum with other devices to obtain high throughput,
when the devices are placed in close proximity.
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Segmentation:
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.
Regional
Analysis
The regional analysis of ultra-wideband (UWB) market is
studied for North America, Europe, Asia-Pacific and the rest of the world.
North America is expected to dominate the ultra-wideband (UWB) market owing to
high acceptance of ultra-wideband based real time location services for
industrial processes. The ultra-wideband frequency is capable of improving
channel capacity by sharing the frequency spectrum due to large bandwidth.
Moreover, countries like the US and Canada are more focused towards providing
precise and fast transmission of data across terminals. Thus, these countries
are expected to contribute a major share in the growth of North American
region.
On
the other hand, the market study on Europe region is expected to attain the
second largest market by 2023 owing to the presence of prominent players such
as Nanotron Technologies, DecaWave Ltd, and Fractus Antennas S.L. These
companies invest a major share in innovating new techniques that could increase
the wireless data capabilities in portable devices at higher bandwidth and
apparently reducing the cost and power consumption incurred in the provision of
these services.
Competitive
Analysis
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.
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