Embedded Antenna System Market is expected to reach US$ 5,685.63 million by 2028

Rising Emergence of IoT-Based Devices/Technology Provide Growth Opportunities to Embedded Antenna System Market Players

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.

Request a sample of this report @ https://www.theinsightpartners.com/sample/TIPRE00027469/?utm_source=OpenPR&utm_medium=10452

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.

TheList of Companies - 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
2J Antennas, S.R.O.

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.

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).

Buy Latest Version of Report Available Now at Discounted Pricing @ https://www.theinsightpartners.com/buy/TIPRE00027469/?utm_source=OpenPR&utm_medium=10452

Impact of COVID-19 Pandemic on Embedded Antenna System Market:

The onset of the COVID-19 pandemic has disrupted operations of various industries, including industrial equipment manufacturing, automotive & transportation, and consumer electronics. Governments enacted travel restrictions and social distancing, among other measures, to combat the spread of the novel coronavirus, which led to the temporary shutdown of manufacturing units in Q1 and Q2 of 2020. However, with the normalization of economic activities, manufacturing facilities started to operate with 50% capacity in the third quarter of 2020. According to the Federal Statistical Office of Europe, the retail sector in the region experienced adverse effects of the pandemic. According to the organization, as a result of the second wave of the COVID-19 outbreak, Germany experienced a decline of 9% in total retail turnover in February 2021. This decline led to a reduction in the need for retail POS systems, which hindered the demand for embedded antenna systems from the POS system manufacturers. However, with lowering infection rates, rapid vaccination drives, and government initiatives promoting economic recovery, various industries began operating normally from the Q3 of 2020. Thus, the embedded antenna systems market is reviving rapidly to overcome the negative effects caused by the COVID-19 pandemic.

Contact Us:
The Insight Partners
Email: sales@theinsightpartners.com
Phone: +1-646-491-9876

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

This release was published on openPR.