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Ultra-Wideband Market by End-User, Application, and Geography - Global Forecast to 2022

Ultra-Wideband Market: Global Forecast until 2022

  • February 2017
  • 138 pages
  • ID: 4680743
In this report:
The UWB market for the automotive and transportation end-user segment registered a shipment of ##.## million units in 2015 and is expected to reach ##.## million units by 2022, at a CAGR of ##.##% from 2016 to 2022.
The European UWB market for the automotive and transportation segment is estimated to be ##.## million units in 2016 and is expected to reach ##.## million units in 2022, growing at a CAGR of ##.##% during 2016 and 2022.

Summary

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"Growing use of UWB-based RTLS technology in resource utilization and workflow optimization requirement in manufacturing sectors is the main driver for the increase ot the UWB market."

The ultra-wideband market was estimated at $62.90M in 2016 and is forecasted to reach $85.40M by 2022, at a compound annual growth rate of 5.20 percent between 2016 and 2022. The staggering rise of Internet of Things has allowed different wireless communication technologies to be reintroduced, repurposed, and resurrected. The increase of industrial IoT is anticipated to provide significant market opportunities for the UWB technology between 2016 and 2022. The UWB technology is extensively used in asset tracking and inventory management in manufacturing markets.

Factor including low range, limited throughput and premium pricing of UWB technology compared to its counterparts are acting as the biggest increase barrier for the UWB market in most parts of the world. In price-sensitive consumer electronics product including smartphones, tablets, and other home networking devices, the high cost of UWB technology is the biggest hindrance to its mainstream acceptance.

"Residential end user segment is anticipated to rise at the highest level rate in UWB market."

UWB technology in indoor positioning system inside smart homes is anticipated to witness a significant rise between 2016 and 2022. The indoor location tracking is the most dominant application of UWB technology in a residential environment. UWB technology affords location information that allows the design of smart devices to improve user immersion experience. UWB-based indoor positioning system also helps to monitor humidity and temperature levels in storage and production rooms inside the residential areas. UWB within the home environment is also used extensively for its tracking and localization capabilities for smart surround sound applications.

"RTLS/WSN application segment expected to witness the highest increase in the UWB market"

The profits specified by UWB technology in diverse application markets, ranging from healthcare to defense, are the prime factors responsible for the high rise of this technology in the real-time location system market, global. There is a rise in the industry demand for RTLS/wireless sensor network solutions established on UWB technology in manufacturing and healthcare sectors, to locate and track the exact location of objects, which cannot be tracked by radio frequency identification or wireless fidelity technologies by cause of obstructions including hard concrete wall. This factor is predicted to push the increase of the RTLS/WSN application segment for UWB market between 2016 and 2022.

"North America (NA) to hold the biggest market share and APAC to witness the more significant rise in the UWB market"

North America continent is anticipated to continue to hold the biggest share in UWB market due to the presence of main UWB actors in the U.S.A and the high adoption rate of UWB-based RTLS/WSN technologies, specifically in the healthcare and retail industry. Asia Pacific (APAC) is anticipated to grow at the maximal rate in the UWB market as a result of high industrial increase in the manufacturing and retail market in this area.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions have been managed with main people in the UWB sector. The break-up of primary participants has been shown below:

- By Company category: Tier 1 - 55 %, Tier 2 - 20.0 percent, and Tier 3 - 25.0 percent

- By Designation: C-suite executives - 50.0 percent, Directors - 25.0 percent, and Others - 25.0 percent

- By area: North america (NA) - 60.0 percent, Europe - 20.0 percent, APAC - 10.0 percent, and rest of the world - 10.0 percent,

The report also profiles the top actors in the UWB market ecosystem. The main players decribed in this market report are DecaWave Ltd., 5D Robotics, Incorporated, Pulse ~LINK, Incorporated, TAIYO YUDEN CO., Limited, Alereon, Incorporated, Samsung (KRX:005930), BeSpoon SAS, Fractus Antennas S.L., Johanson Technology, Incorporated, Zebra Technologies Corporation, and Nanotron Technologies GmbH among others

Segment Research

The global market for UWB has been divided on the basis of application, end-user, and territory. Area has been further broken down into the country level. The Porter's five forces analysis has also been included in the study with a description of each of its forces and its respective impact on the UWB market.

This business report depicts the drivers, industry restraints, possibilities, and opportunities for the increase ot the UWB market.

Main highlights

The analysis would benefit competitors/new sector entrants in the UWB market in these ways:

1. This document breaks down the UWB market comprehensively and offers the closest market size projection for all segments across different areas.

2. The market research benefits partners distinguish the pulse of the UWB market and offers them with the info on key market drivers, market restraints, opportunities, and alternatives for industry growth.

3. This industry report would benefit partners comprehend their players better and acquire additional insights to enhance their rank in the business sector. The competitive outlook section includes competitor landscape, new industry product developments, alliances, and mergers and acquisitions.

4. Porter's five forces framework has been exploited along with the value chain study to offer a detailed insight into the UWB market.

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