Chip Antenna Market Share

North American Market Forecast

The North America chip antenna market is poised to have the highest growth in the near future, backed by growing IoT-connected devices. It is projected that there would be about 4 billion Internet of Things (IoT) connections collectively in North America by 2025. Hence, the adoption of chip antennal is also slated to rise. An antenna is needed for Internet of Things (IoT) devices. The frequency spectrum and the complexity of the IoT antenna design increase with decreasing IoT device space. Moreover, the manufacturing of automobiles is surging in this region, where Canada and United Nations have high auto production activities.

APAC Market Statistics

The chip antenna market in the Asia Pacific is projected to have significant growth till 2036. Regional expansion is mainly motivated by reasons such as increased smartphone demand, an increase in mobile internet users, and the quick construction of the 5G network. Furthermore, due to its low manufacturing costs and widespread accessibility of raw resources such as copper and gold, China accounts for a sizeable portion of this region.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of chip antenna is evaluated at USD 4.82 Billion.

The chip antenna market size was valued at USD 4.41 Billion in 2023 and is set to cross USD 15.59 Billion by 2036, expanding at more than 10.2% CAGR during the forecast period i.e., between 2024-2036. The major factors driving the growth of the market are growing adoption of vehicles, rise in demand for 5G technology, and surge in application of chip antenna in healthcare industry.

North America is poised to have the highest growth rate through 2036, backed by growing IoT-connected devices.

Fractus S.A., Yageo Group, Antenova Ltd, Partron Co., Ltd, Mitsubishi Materials Corporation, Johanson Technology, Vishay Intertechnology, Inc., Inpaq Technology Co., Ltd, TE Connectivity, Pulse Electronics

Chip Antenna Market Share