Overview and Scope
Ultra-wideband (UWS) is a radio technology that enables short-range, high-bandwidth communications at exceptionally low energy levels to cover a considerable percentage of the radio spectrum.
Sizing and Forecast
The ultra-wideband market size has grown rapidly in recent years. It will grow from $1.42 billion in 2023 to $1.67 billion in 2024 at a compound annual growth rate (CAGR) of 17.3%. The growth in the historic period can be attributed to wireless communication advancements, consumer electronics integration, emergence of real-time location systems (rtls), automotive connectivity requirements, security and impulse radio advancements, regulatory support and spectrum allocation, demand for high-data-rate wireless networks, smart home and automation systems..
The ultra-wideband market size is expected to see rapid growth in the next few years. It will grow to $3.07 billion in 2028 at a compound annual growth rate (CAGR) of 16.5%. The growth in the forecast period can be attributed to increasing demand for precise indoor positioning, uwb in smart cities and infrastructure, uwb in automotive radar systems, emergence of uwb-based access control systems, integration in smart agriculture, uwb-based healthcare wearables.. Major trends in the forecast period include adoption in smartphones, uwb for secure access control, uwb in robotics and automation, uwb for secure transactions, investments in uwb technology, collaborations for uwb-based solutions..
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Segmentation & Regional Insights
The ultra-wideband market covered in this report is segmented –
1) By Type: Impulse Radio, Multiband Ultra-Wideband
2) By System: Vehicular Radar System, Imaging Systems, Communication And Measurement Systems
3) By Application: RTLS (Real-Time Location System) Or WNS (Wireless Networking Services), Imaging, Communication, Other Applications
4) By Vertical: Healthcare, Automotive And Transportation, Manufacturing, Consumer Electronics, Retail, Residential, Other Verticals
North America was the largest region in the ultra-wideband market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ultra-wideband market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing demand for consumer electronics is expected to propel the growth of the ultra-wideband market going forward. Consumer electronics refers to any electronic gadget designed for everyday, private, or professional use by consumers or end users. Ultra-wideband (UWB) in consumer electronics facilitates high-speed data transfer, precise location tracking, and reliable connectivity, enhancing user experiences in devices such as smartphones, smartwatches, and wireless peripherals. For instance, in May 2023, according to the Japan Electronics and Information Technology Industries Association, a Japan-based trade association, the total electronic equipment production in Japan reached $52,36,535 million. In addition, consumer electronics production reached $2,178,430 million in May 2023, compared to $1,714,724 million in May 2022. Therefore, increasing demand for consumer electronics is driving the growth of the ultra-wideband market.
Key Industry Players
Major companies operating in the ultra-wideband market report are DecaWave Limited, Apple Inc., 5D Robotics Inc., PulseLINK Inc., BeSpoon SAS, Zebra Technologies Corporation, NXP Semiconductors N.V., Texas Instruments Incorporated, Johanson Technology Inc., Alereon Inc., Fractus Antennas S.L., Nanotron Technologies GmbH, Sony Group Corporation, Ubisense Group plc, Taiyo Yuden Co. Ltd., Transcendia Inc., Starix Technology Inc., AKELA Inc., General Atomics Corp., Qorvo Inc., Humatics Corporation, Fractus SA, Intel Corporation, Huawei Technologies Co. Ltd., Samsung Electronics Co. Ltd., Xiaomi Corporation, Robert Bosch GmbH, XtremeSpectrum Inc., Eliko Antennas Ltd., Pozyx Labs NV, Roke Manor Research Limited, Mauna Kea Technologies SA, GeneSiC Semiconductor Inc., Cambridge Wireless Limited, UWINLOC SAS
The ultra-wideband market report table of contents includes:
1. Executive Summary
- Ultraviolet Analyzer Market Characteristics
- Ultraviolet Analyzer Market Trends And Strategies
- Ultraviolet Analyzer Market – Macro Economic Scenario
- Global Ultraviolet Analyzer Market Size and Growth
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31. Global Ultraviolet Analyzer Market Competitive Benchmarking - Global Ultraviolet Analyzer Market Competitive Dashboard
- Key Mergers And Acquisitions In The Ultraviolet Analyzer Market
- Ultraviolet Analyzer Market Future Outlook and Potential Analysis
- Appendix
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