Ultra Wide Band Market - Global Industry Analysis, Size, Growth, Trends, and Forecast 2017 - 2025
According to a new report published by Reports Monitor titled, “Global Ultra-wide band (UWB) Market, Growth Opportunities, Innovations and Forecast, 2017-2025,” the Ultra-wide band (UWB) market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
Ultra-wide band (UWB) refers to the wireless technology which is used for the transmission of huge amount digital data over the wide spectrum frequency by utilizing low power. Moreover it has the potential to penetrate through obstacles, which tends to reflect the signals at a higher power.
Increased adoption of Real time location systems (RTLS) primarily to solve the indoor tracking problems result as a major factor in raising the market growth. The installation of Ultra wide band wireless technology helps in achieving the high precision positioning accuracy and hence improving the functional efficiency.
Internet of things deals with transmitting large amount of data; hence there is growing requirement of adequate amount of bandwidth. The adoption of UWB will enhance the functionality of IoT system, thereby generating more demand. However the lower adoption of UWB in the consumer electronics has resulted in hampering the market growth. The growth in the wireless sensor network and its corresponding applications has raised the continuous demand for high data transmission rate, hence adopting the UWB technology would, result in generating more market opportunities.
This report provides a detailed analysis of Ultra Wide Band market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and swot analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources with bottom-up and top-down approaches.
The UWB market is majorly segmented on the basis of application and end-user. Depending upon the applications, the market is bifurcated into: Real time location system (RTLS), Wireless sensor Network (ESN), Imaging and Others. Based on the end-use the market is segmented into: healthcare, manufacturing retail, automotive and transportation and others.
Regarding the regional study, the UWB market is analyzed across: North America, Europe, Asia-Pacific and LAMEA (Latin America, Middle East and Africa). Increased adoption of UWB in the healthcare sector and presence of major players in the countries such as US and Canada has resulted as the major factor for North America to attain the leadership position. Expansion in the manufacturing and retail sector in the countries such as China, India and South Korea forms one of the significant factors in achieving the fastest growth of Asia Pacific.
The major key vendors in the UWB market are: Samsung Electronics Co., Ltd., Taiyo Yuden Co., Ltd. , Zebra Technologies Corporation , Alereon, Inc. , Pulse~Link, Inc. , 5D Robotics Inc. , Decawave Ltd. , Fractus Antennas S.L , Nanotron Technologies GmbH , Johanson Technology, Inc. , Bespoon SAS.
About Garner Insights:
We at Garner Insights.com provide a comprehensive analysis by providing in-depth reports of the various market verticals. Our Mission is to provide a detailed analysis of the vast markets worldwide backed by rich data. Decision makers can now rely on our well-defined data gathering methods to get the correct and accurate market forecasting along with detailed analysis.