North America Ultra Wideband Market Size, Share & Trends Analysis Report By Positioning System (Indoor, and Outdoor), By Application, By End Use, By Country and Growth Forecast, 2024 - 2031
The North America Ultra Wideband Market would witness market growth of 17.5% CAGR during the forecast period (2024-2031).
The US market dominated the North America Ultra Wideband Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,163.6 million by 2031. The Canada market is experiencing a CAGR of 20% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 19% during (2024 - 2031).
The adoption of UWB technology has been driven by several factors, including the increasing demand for precise location-based services, the growth of IoT devices, and the need for more secure and reliable communication protocols in various applications.
Additionally, UWB technology is increasingly adopted in smart building infrastructure for precise indoor positioning and navigation. It optimizes space utilization, enhances energy management, and provides location-based services such as automated lighting and HVAC control, improving overall building efficiency and user experience.
As internet access becomes more widespread in Mexico, there is a growing demand for IoT devices that rely on UWB technology for precise location tracking and secure communication. This trend supports the growth of UWB applications in smart homes, industrial automation, and connected devices across the country. According to the International Trade Administration (ITA), the Mexican telecommunications sector has consistently outpaced the overall economy’s growth, largely driven by mobile telephones, broadband services, and broadcasting. In 2022, Mexico had over 130 million active wireless lines, and over 113 million had Internet access.
Based on Positioning System, the market is segmented into Indoor, and Outdoor. Based on Application, the market is segmented into Real-time Location System (RTLS), Imaging, and Communication. Based on End Use, the market is segmented into Consumer Electronics, Automotive & Transportation, Manufacturing, Residential, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- >Qorvo, Inc.
- NXP Semiconductors N.V.
- Texas Instruments, Inc.
- Apple, Inc.
- Samsung Electronics Co. Ltd
- Johanson Technology, Inc.
- Sony Corporation
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- STMicroelectronics N.V.
- Intel Corporation
By Positioning System
- >Indoor
- Outdoor
- >Real-time Location System (RTLS)
- Imaging
- Communication
- >Consumer Electronics
- Automotive & Transportation
- Manufacturing
- Residential
- Others
- >US
- Canada
- Mexico
- Rest of North America
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Ultra Wideband Market, by Positioning System
- 1.4.2 North America Ultra Wideband Market, by Application
- 1.4.3 North America Ultra Wideband Market, by End Use
- 1.4.4 North America Ultra Wideband Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2020, Jul – 2024, Feb) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. North America Ultra Wideband Market by Positioning System
- 5.1 North America Indoor Market by Region
- 5.2 North America Outdoor Market by Region
- Chapter 6. North America Ultra Wideband Market by Application
- 6.1 North America Real-time Location System (RTLS) Market by Country
- 6.2 North America Imaging Market by Country
- 6.3 North America Communication Market by Country
- Chapter 7. North America Ultra Wideband Market by End Use
- 7.1 North America Consumer Electronics Market by Country
- 7.2 North America Automotive & Transportation Market by Country
- 7.3 North America Manufacturing Market by Country
- 7.4 North America Residential Market by Country
- 7.5 North America Others Market by Country
- Chapter 8. North America Ultra Wideband Market by Country
- 8.1 US Ultra Wideband Market
- 8.1.1 US Ultra Wideband Market by Positioning System
- 8.1.2 US Ultra Wideband Market by Application
- 8.1.3 US Ultra Wideband Market by End Use
- 8.2 Canada Ultra Wideband Market
- 8.2.1 Canada Ultra Wideband Market by Positioning System
- 8.2.2 Canada Ultra Wideband Market by Application
- 8.2.3 Canada Ultra Wideband Market by End Use
- 8.3 Mexico Ultra Wideband Market
- 8.3.1 Mexico Ultra Wideband Market by Positioning System
- 8.3.2 Mexico Ultra Wideband Market by Application
- 8.3.3 Mexico Ultra Wideband Market by End Use
- 8.4 Rest of North America Ultra Wideband Market
- 8.4.1 Rest of North America Ultra Wideband Market by Positioning System
- 8.4.2 Rest of North America Ultra Wideband Market by Application
- 8.4.3 Rest of North America Ultra Wideband Market by End Use
- Chapter 9. Company Profiles
- 9.1 Qorvo, Inc.
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Partnerships, Collaborations, and Agreements:
- 9.1.5.2 Product Launches and Product Expansions:
- 9.1.5.3 Acquisition and Mergers:
- 9.1.6 SWOT Analysis
- 9.2 Texas Instruments, Inc.
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Product Launches and Product Expansions:
- 9.2.6 SWOT Analysis
- 9.3 NXP Semiconductors N.V.
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Regional Analysis
- 9.3.4 Research & Development Expenses
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Partnerships, Collaborations, and Agreements:
- 9.3.5.2 Product Launches and Product Expansions:
- 9.3.6 SWOT Analysis
- 9.4 Apple, Inc.
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Regional Analysis
- 9.4.4 Research & Development Expense
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Product Launches and Product Expansions:
- 9.4.6 SWOT Analysis
- 9.5 Samsung Electronics Co., Ltd. (Samsung Group)
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Partnerships, Collaborations, and Agreements:
- 9.5.5.2 Product Launches and Product Expansions:
- 9.5.6 SWOT Analysis
- 9.6 Johanson Technology, Inc.
- 9.6.1 Company Overview
- 9.7 Sony Corporation
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expenses
- 9.7.5 SWOT Analysis
- 9.8 Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expense
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Product Launches and Product Expansions:
- 9.8.6 SWOT Analysis
- 9.9 STMicroelectronics N.V.
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expenses
- 9.9.5 Recent strategies and developments:
- 9.9.5.1 Product Launches and Product Expansions:
- 9.9.6 SWOT Analysis
- 9.10. Intel Corporation
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expenses
- 9.10.5 SWOT Analysis
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