North America Embedded Antenna Systems Market By End User (Consumer Electronics, Communication, Healthcare, Aerospace & Defense, Industrial, Automotive & Transportation and Others), By Antenna Type (Chip Antenna, PCB Trace Antenna, Flexible Printed Circuit (FPC) Antenna, Patch Antenna, and Others), By Connectivity (LPWAn, Cellular, RFID, GNSS/GPS, Wi-Fi/Bluetooth and Others), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027
The North America Embedded Antenna Systems Market would witness market growth of 14.5% CAGR during the forecast period (2021-2027).
Embedded antennas, rather than terminal or exterior antennas, are used in most consumer and industrial products. Embedded antennas are built inside a device or component, where their closeness to other components might result in elimination of unintended interactions. The position of antenna in a gadget has a significant impact on its performance. If there is a mistake in the placing of the antenna, the device will not function properly. Rather than installing an embedded antenna once the rest of the architecture and board design is complete, it is embedded in from the start to eliminate poor performance, interference, and incompatibilities.
The antenna market is predicted to rise due to developed communication infrastructure and increased expenditures in the region for the creation of new infrastructure from military and defence, satellite, and cellular communication. With smartphones expanding into new areas and new communication technologies such as 4G set to hit the market in the near future, the need for smart antennas appears to be promising.
For instance, AT&T's 5G trials are guiding the company's contributions to the 5G 3GPP standards. AT&T has been working with manufacturers to test 5G fixed wireless equipment, demonstrating the potential of millimetre wave (mmWave) radio access technologies for future networks. This industry is seeing increased investments as foreign corporations explore the possibilities of emerging nations. Over the projected period, the market is likely to increase at a healthy rate.
The US market dominated the North America Embedded Antenna Systems Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,631.3 million by 2027. The Canada market is estimated to witness a CAGR of 17.1% during (2021 - 2027). Additionally, The Mexico market would exhibit a CAGR of 16.1% during (2021 - 2027).
Based on End User, the market is segmented into Consumer Electronics, Communication, Healthcare, Aerospace & Defense, Industrial, Automotive & Transportation and Others. Based on Antenna Type, the market is segmented into Chip Antenna, PCB Trace Antenna, Flexible Printed Circuit (FPC) Antenna, Patch Antenna, and Others. Based on Connectivity, the market is segmented into LPWAn, Cellular, RFID, GNSS/GPS, Wi-Fi/Bluetooth and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Vishay Intertechnology, Inc., Yageo Corporation, Koch Industries, Inc. (Molex LLC), Kyocera Corporation, Taoglas, Airgain, Inc., Mitsubishi Materials Corporation, Antenova Ltd., Walsin Technology Corporation, and TE Connectivity Ltd.
Scope of the Study
Market Segments covered in the Report:
By End User
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