Chip Antenna Market by Product Type (LTCC Chip Antenna, Dielectric Chip Antenna)
Industry: Semiconductor Electronics
Published Date: March-2023
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 250
Report ID: PMRREP33386
Global Chip Antenna Market sales totaled US$ 2.7 billion in 2021. Between 2022 and 2032, global demand for chip antennas is set to rise at 9.9% CAGR. Accordingly, the worldwide market size will increase from US$ 3.0 billion in 2022 to US$ 7.7 billion by 2032.
Dielectric chip antenna will remain the top-selling category over the next ten years. This is due to rising adoption of these antennas in various portable and compact wireless devices. The target segment (dielectric chip antenna) is likely to thrive at 9.8% CAGR from 2022 to 2032.
The unique types of antennas known for their small footprint are called chip antennas. These antennas are mostly incorporated into circuit boards to emit high-frequency electromagnetic waves. They have become ideal for compact devices such as WiFi routers and cell phones. This is due to their limited range.
Just like regular antennas, chip antennas transmit and receive electromagnetic waves. However, what makes them unique is their small size. Thanks to their compact size, these antennas are often integrated into small electronic devices.
Chip antennas are also cost-effective considering their high-quality. They have become the go-to alternative whenever a regular antenna is not plausible. These antennas are less sensitive to component and environment noise. Further, they are easier to replace or tune and require less simulation.
There are generally two types of chip antennas. This includes low temperature co-fired ceramics (LTCC) antenna and dielectric antenna.
Chip antennas are being used in a wide variety of telecommunications products. This includes cell phones, tablets, PC peripherals, GPS devices, WiFi and WLAN routers, satellite radio, USB dongles, etc. Hence, rising production and sales of these devices will propel chip antenna demand.
Adoption of chip antennas such as ceramic chip antennas eliminates the requirement for expensive manufacturing of new prototypes. They also limit the necessity for simulation software.
Increasing penetration of 5G technology supported by advancements in wireless communications such as LTE will boost the global chip antenna industry.
Transition towards miniaturized electronics devices will create lucrative growth opportunities for chip antenna manufacturers. Chip antennas are compatible with compact devices. They allow companies to develop portable and compact devices without compromising their quality.
Another factor that will fuel chip antenna sales is the rising adoption of IoT systems. In recent times, deployment of IoT has increased significantly. This is due to various advantages that this novel technology offers to companies. Growing usage of chip antennas in IoT applications will generate lucrative revenues.
Further, development of connected cars, smart homes, and smart grids will uplift growth of the global chip antenna industry through 2032.
Leading chip antenna manufacturers are continuously introducing advanced products to increase their sales. For instance, in July 2021 Lutosa, a high-performing antenna was introduced by Antenova.
It is a flexible antenna with dimensions of 95 x 15 x 0.15mm. Since it can be folded or curled, it is perfect for smaller designs. The antenna is linearly polarized and tested to be highly effective.
| Attributes | Key Insights |
|---|---|
| Global Chip Antenna Market Size in 2022 | US$ 3.0 billion |
| Projected Market Size (2032) | US$ 7.7 billion |
| Value-based CAGR (2022 to 2032) | 9.9% |
| USA Market CAGR (2022 to 2032) | 8.7% |
Global sales of chip antennas increased at around 13.1% CAGR during the historical period from 2017 to 2021. At the end of 2021, the market size reached US$ 2.7 billion.
Between 2022 and 2032, global chip antenna demand is likely to surge at 9.9% CAGR. The worldwide market will create an absolute $ opportunity of US$ 4.7 billion through 2032.
Growing demand for chip antennas from consumer electronics, defense, telecommunications, and automotive industries is driving the global market.
The market for chip antennas is booming globally. Increasing usage of premium sensing and perception technologies for terrestrial and aircraft mobility applications is likely to boost the market.
Growing usage in the IT and telecom industries will further propel chip antenna demand. Also, the expansion of the antenna-on-chip technology's application fields will expand the market for chip antennas.
Key factors spurring demand for chip antennas are the increasing usage of wireless devices and growing popularity of IoT devices. Thanks to digitalization, there has been a sharp rise in the adoption of smartphones, tablets, laptops, and other wireless devices. This in turn is creating a need for chip antennas.
Demand for chip antennas, which are utilized in several Internet of Things (IoT) applications such as smart homes, wearables, and industrial automation, will also increase as a result of the IoT market's expansion.
The creation of new wireless communication standards including 5G has increased the need for chip antennas that can accommodate these new norms. Chip antennas are more affordable and simpler to incorporate into electrical products than conventional antenna designs. This will boost the global chip antenna market.
Shift towards smaller and more compact electronic gadgets will act as a catalyst triggering chip antenna sales. This is because chip antennas are smaller and more effective which makes them ideal for compact and portable devices.
The factors restraining the market for chip antennas include limited range and design complexity. The fact that chip antennas have a smaller range and coverage area than conventional antennas is one of their main drawbacks.
The capacity of manufacturers to scale production is constrained by the complexity and length of time required to design a chip antenna that satisfies the particular needs of a given application.
While chip antennas have numerous advantages, they are also up against rival technologies such as printed circuit board (PCB) antennas and ceramic antennas. This is because these technologies provide comparable performance and are frequently more affordable. Adoption of alternative antennas might limit market expansion through 2032.
What is the Sales Forecast for the United States Chip Antenna Market?
The USA chip antenna market exhibited a CAGR of 9.9% from 2017 to 2021. For the next ten years, it will create an absolute $ growth of US$ 662.5 million. By 2032, the United States market size will exceed US$ 1.2 billion.
Chip antenna sales in the United States are set to rise at 8.7% CAGR through 2032. Rising applications of chip antennas in thriving automotive, defense, and healthcare industries is driving the USA market.
High penetration of IoT and growing popularity of smart homes are likely to ignite chip antenna sales in the USA.
Further, large presence of prominent chip antenna manufacturers is boosting the market. The United States is home to various leading chip antenna companies. These players are introducing novel products to meet end user demand.
For instance, in October 2020, new compact and multiband GNSS antennas were introduced by Taoglas. These include the Colosseum X XAHP.50 and MagmaX2 AA.200. These antennas are ideal for applications such as precision agriculture and autonomous driving.
How is the South Korea Chip Antenna Market Shaping?
South Korea chip antenna market is forecast to reach US$ 480.3 million by 2032. From 2022 to 2032, it will create an absolute $ opportunity of US$ 301.2 million. Chip antenna demand in South Korea is set to rise at 10.4% CAGR through 2032.
Rapid expansion of consumer electronics market and growing popularity of autonomous vehicles are triggering chip antenna sales in Korea
Similarly, new product launches by Korea-based companies will fuel market expansion. Various novel solutions are being developed by Korea-based chip antenna companies to gain profits.
For instance, in December 2020, SparkLAN launched WNFB-266AXI (BT), its first SDIO in M.2 Formfactor with Wi-Fi specs. It supports Wi-Fi 6. There are also various cutting-edge features, including OFDMA, 1024QAM, Target Wake Time (TWT), and spatial reuse. It can simultaneously run Wi-Fi and BT 5.0 and supports modern security protocols like the WPA3 standard.
All these capabilities are powered by SDIO with decreased power consumption, making them appropriate for various battery-driven applications. The module also supports the features of Bluetooth 5.0.
Which is the Most Sought-After Product Type in the Chip Antenna Industry?
By product type, the market has been segmented into LTCC chip antenna and dielectric chip antenna. Among these, dielectric chip antennas will remain the highly-sought after product type. This is due to increasing usage of this chip antenna across diverse industries.
Dielectric chip antennas or dielectric resonator antennas find application in numerous electronics solutions. For instance, they are used in compact and portable devices. Growing adoption of dielectric chip antennas across automotive, defense, telecommunication, and consumer electronics will boost segment growth.
Dielectric chip antenna demand grew at around 12.8% CAGR from 2017 to 2021. Over the projection period, the target segment is likely to expand at 9.8% CAGR.
Which is the Most Lucrative Application of Chip Antennas?
The most widely used application of chip antennas is Bluetooth. Chip antennas offer selectivity and better efficiency advantages. They have become ideal alternatives to antennas such as PCB trace antennas. As a result, they are being used for Bluetooth applications.
As per Persistence Market Research, Bluetooth segment exhibited 12.5% CAGR from 2017 to 2021. For the next ten years, it will rise at 9.7% CAGR. Growing usage of Bluetooth antennas will augment growth of this segment.
On the other hand, applications such as Wi-Fi and GPS will also generate lucrative revenues for the market. This is attributable to rising usage of these technologies in various sectors.
Leading chip antenna manufacturers are developing novel products for various applications They are also showing interest in adopting strategies such as partnerships, acquisitions, and mergers to strengthen their presence.
Recent Developments:
| Attribute | Details |
|---|---|
| Estimated Market Size (2022) | US$ 3.0 billion |
| Projected Market Size (2032) | US$ 7.7 billion |
| Anticipated Growth Rate (2022 to 2032) | 9.9% CAGR |
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2021 |
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The global chip antenna market size reached US$ 3.0 billion in 2022.
The worldwide chip antenna industry is forecast to reach a valuation of US$ 7.7 billion by 2032.
The market registered a CAGR of 13.1% over the last 4 years.
Global chip antenna demand is set to rise at a CAGR of 9.9% from 2022 to 2032.
Dielectric chip antenna segment is likely to generate significant revenues through 2032.
Chip antenna sales in China are likely to increase at 11.4% CAGR from 2022 to 2032.
Between 2022 and 2032, the United States market will thrive at 8.7% CAGR.
Chip antenna markets in South Korea and Japan will expand at 10.4% and 10.2% CAGRs respectively.
Expanding at 8.3% CAGR, the United Kingdom market size will reach US$ 189.6 million by 2032.
