Embedded Antenna System Market to Grow at a CAGR of 10.3% to Hit US$ 5,685.63 Million by 2028 - Impact of COVID-19 Pandemic and Global Analysis by The Insight Partners

According to our latest market study on "Embedded Antenna System Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Antenna Type, Connectivity, and End Use," the embedded antenna system market is expected to reach US$ 5,685.63 million by 2028 from US$ 2,858.37 million in 2021; it is estimated to grow at a CAGR of 10.3% from 2021 to 2028.

Competitive Landscape: Embedded Antenna System Market: Airgain, Inc.; Antenova ltd.; Infinite Electronics International, inc.; Kyocera AVX Components Corporation; Mitsubishi Materials Corporation; MOLEX; LINX Technologies; TE Connectivity; Walsin Technology Corporation; YAGEO Group; TAOGLAS; Tallysman; Panorama Antennas ltd; Mobile Mark, inc.; and 2J Antennas, S.R.O. are among the major companies operating in the embedded antenna system market.

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The embedded antenna system market is segmented into five major regions-North America, Europe, Asia Pacific, the Middle East & Africa, and South America. APAC held the largest market share in 2020, followed by North America and Europe, respectively. The region is also anticipated to register the highest CAGR in the embedded antenna system market during the forecast period. The increasing adoption of embedded antenna systems in consumer electronics fuels the market growth in APAC. In addition, the increasing development of numerous smart devices, smart homes, smart grids, industrial internet, and connected cars is rapidly fueling the Internet of Things (IoT) ecosystems in the region.

IoT applications rely heavily on a wireless connection to connect with IoT gateways and other devices in the ecosystem, especially in scenarios where cable connectivity is practically impossible, and embedded antennae serve this purpose by facilitating connectivity. The increasing use of consumer electronics such as smartphones and laptops in developed and developing countries is mainly attributed to rising disposable income, increasing population, and growing internet penetration. Advancements in smartphone technologies and rising digitalization are significant factors propelling the growth of the embedded antenna system market.

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IoT technologies support the development of innovative and advanced solutions, such as connected car solutions, advanced driver-assistance systems (ADAS), in-vehicle infotainment systems, and navigation and telematics solutions, in the automotive industry. Embedded antennas are integrated into IoT-enabled cars. Thus, a rise in demand for IoT-enabled cars or connected cars drives the embedded antenna system market progress. In addition, car manufacturers are incorporating sophisticated in-vehicle infotainment systems in their automotive products to provide differentiated services to their customers.

The embedded antenna system market is segmented on the basis of antenna type, connectivity, and end use. Based on antenna type, the market is segmented into PCB trace antenna, chip antenna, patch antenna, flexible printed circuit (FPC) antenna, and others. Based on connectivity, the embedded antenna system market is segmented into GNSS/GPS, Wi-Fi/Bluetooth, cellular, mmWave (5G), LPWAn, RFID, and UWB. Based on end use, the market is segmented into consumer electronics, communication (datacom and telecom), healthcare, aerospace & defense, industrial, automotive & transportation, and others. In terms of geography, the embedded antenna system market is primarily segmented into North America (the US, Canada, and Mexico), Europe (France, Germany, Italy, the UK, Russia, and the Rest of Europe), Asia Pacific (Australia, China, India, South Korea, Japan, and the Rest of APAC), the Middle East & Africa (South Africa, Saudi Arabia, the UAE, and Rest of MEA), and South America (Brazil, Argentina, and Rest of SAM).

Chapter Details of Embedded Antenna System Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Embedded Antenna System Market Landscape
Part 04: Embedded Antenna System Market Sizing
Part 05: Embedded Antenna System Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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