#Chip #Antenna #Market #Estimated #Worth #USD #Billion
New York, US, Sept. 27, 2022 (GLOBE NEWSWIRE) — According to a comprehensive research report by Market Research Future (MRFR), “Chip Antenna Market Research Report, by End-User, by Application, by Type – Forecast till 2030”, to witness revenue growth of USD 6.9 billion by 2030, growing at a 12.30% CAGR throughout the review period (2022-2030).
Global Chip Antenna Market Overview
The global chip antenna market enjoys tremendous traction. The rising uptake of high-end sensing and perception solutions for terrestrial & aerospace mobility applications drives the market growth. The continually rising demand for chip antenna, primarily from the IT and telecom sectors, drives the market growth. Besides, the rise in the number of application areas of the antenna-on-chip technology boosts the market size.
Like any regular antenna, a chip antenna radiates and receives electromagnetic waves. Chip antenna/antenna-on-chip is a small factor technology integrated into circuit boards to radiate high-frequency electromagnetic waves. They are most commonly valued for their smaller footprint and limited range that aids in optimizing the performance of small devices such as cell phones and WiFi routers.
Eminent players leading the global chip antenna market are,
- Fractus Antennas (Spain)
- Antenova M2M (UK)
- Johanson Technology Inc. (USA)
- Pulse Electronics (USA)
- Mitsubishi Materials (Japan)
- Partron Co. Ltd. (South Korea)
- Vishay Intertechnology Inc. (USA)
- Taoglas (Ireland)
- Yageo Corporation (Taiwan) and among others.
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Chip antennas are used indoors and outdoors to strengthen the signal reception of mobile operators by removing inactive spots. Due to their small size, these antennas can easily be internalized within small electronic devices. Also, they are cost-effective, which makes them suitable for applications where a larger-sized antenna is impractical.
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