Ultra-Wideband (UWB) Market
Ultra-Wideband (UWB) Market

Global Ultra-Wideband (UWB) Market at a CAGR of 5.70 % Growth, Trends and Absolute Opportunity up to 2026

Due to high demand and the value of market research for the success of different sectors, Ultra-Wideband (UWB) Market report has been prepared by covering many work areas. This is a professional and a complete report focusing on primary and secondary drivers, market share, competitor analysis, leading segments and geographical analysis. This Ultra-Wideband (UWB) Market report lets you know that how the market is going to perform in the forecast years by giving you information about market definition, classifications, applications, and engagements. Few of the features such as objectivity have been kept at the center while obtaining the best result via this Ultra-Wideband (UWB) Market report for Semiconductor and Electronics industry.

Global ultra-wideband (UWB) market is set to witness a substantial CAGR of 5.70 % in the forecast period of 2019 to 2026. The report contains data of the base year 2018 and historic year 2017.

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Market Definition: Global Ultra-Wideband (UWB) Market

Ultra-wideband (UWB) refers to a technology that infuses low energy for high bandwidth communications in short range. It can carry a huge amount of data over the distances up to 230 feet. It can also carry the data across the barriers such as doors or cross any other obstacles because of its higher power. It broadcasts digital pulses which are precisely timed at number of frequency channels. It has various applications such as wireless printing, next-generation Bluetooth, peer-to-peer connections and wireless high definition video.

Market Drivers:

  • The surging demand for UWB Technology  in RTLS is driving the growth of the market
  • The Internet  of things(IoT) has seen a massive growth which is  boosting the growth of the market
  • The increasing  technological advancements in terms of precision and range is contributing to the growth of the market
  • The end user verticals such as manufacturing, retail, automotive and transportation markets is expanding globally which is fueling the growth of the market

Market Restraints:

  • Low adoption of UWB technology in RTLS is restraining the growth of the market
  • Rising competition globally from substitute products is hampering the growth of the market
  • High cost of UWB technology is hindering the growth of the market

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Segmentation: Global Ultra-Wideband (UWB) Market

By Application

  • Imaging
  • Commercial
  • Avoidance radar
  • Altimeter
  • Intrusion Detection
  • Geolocation
  • Military
  • Radar
  • Covert Communications
  • Data links
  • Internet Access and Multimedia Service
  • Precision Geo-Location
  • High Speed LAN/WAN
  • Others

By Technology

  • Short Range
  • Long Rage

By Components

  • Sensors
  • IC’S
  • Motherboard

By End User

  • Healthcare
  • Automotive and Transportation
  • Manufacturing
  • Residential
  • Retail
  • IT & Telecom
  • Utilities
  • Government
  • Others

Key Developments in the Market:

  • In June 2019, NXP Semiconductors announced its new ranging technology for wireless devices. It has real time robust accuracy which can drive the efficiencies of applications on the phones. This announcement will bring a new era of on demand applications on a global scale.
  • In April 2019, DECAWAVE announced its alliance with LitePoint testing solutions for the validation of its UWB devices. The LitePoint has launched its product IQgig-UWB which is fully integrated UWB test platform. This alliance will enable company to provide better next generation technology for mobile devices and mobile transactions.

Competitive Analysis

Global ultra-wideband (UWB) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of customer of ultra-wideband (UWB) market for Global, Europe, North America, Asia Pacific, South America and Middle East and Africa

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