Ultra-Wideband Chipset Market Size & Share| Report 2021, 2028

Ultra-Wideband Chipset Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Application (RTLS, Imaging, and Communication) and End-User (Manufacturing, Retail, Automotive, Healthcare, and Consumer Electronics)

  • Report Code : TIPRE00019465
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 124
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The ultra-wideband chipset market was valued at US$ 498.55 million in 2021 and is projected to reach US$ 1,906.46 million by 2028; it is estimated to grow at a CAGR of 21.1% from 2021 to 2028.

Ultra-wideband is one of the growing technologies adopted in real-time location systems (RTLS) with a considerable growth potential due to its higher accuracy in tracking objects. UWB technology offers high accuracy and wide range and lower power consumption than other RTLS technologies such as RFID; this has led to increased penetration of UWB technology in applications requiring high accuracy. Owing to this higher accuracy of UWB technology, several end-users of RTLS have shifted from RFID and  Wi-Fi to UWB technology to improve the efficiency of the product. In addition, the UWB-integrated RTLS solutions offer various advantages to RTLS applications, thereby driving the ultra-wideband chipset market

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Ultra-Wideband Chipset Market: Strategic Insights

ultra-wideband-chipset-market
Market Size Value inUS$ 498.55 million in 2021
Market Size Value byUS$ 1,906.46 million by 2028
Growth rateCAGR of 21.1% from 2021 to 2028
Forecast Period2021-2028
Base Year2021
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Impact of COVID-19 Pandemic on Asia-Pacific Ultra-Wideband Chipset Market Size

Due to the COVID-19 pandemic, several regions have suffered heavily, especially the Asia-Pacific region. The manufacturing sectors across the globe have been experiencing low production and a weaker supply chain. In addition, the labor shortage has also affected the manufacturing industry. UWB-based systems production facilities were also either shut down or unable to produce a total capacity, which has negatively affected companies' revenues from 2020 to mid-2021 and resulted in slower growth in the near term. However, with the growing usage of remote monitoring technology, software management tools could lead to higher adoption during the post-COVID period.  So, the overall impact of COVID-19 on the ultra-wideband chipset market across the globe is low to moderate.

Lucrative Regions for Ultra-Wideband Chipset Market

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Market Insights – Ultra-Wideband Chipset Market

Increasing Adoption of UWB Technology in Personal and Consumer Device Tracking Propelling Ultra-Wideband Chipset Market Growth

UWB significantly enhances the consumer experience of home entertainment products such as laptops, TV, and audio. This has led to increasing UWB technology adoption and eventually boosts the ultra-wideband chipset market growth. It is also being used to track the personal item. For example, the Apple U1 chip for spatial awareness is integrated into iPhones 11, 12, and 13. In addition, after Apple, various smartphone manufacturers have integrated UWB technology in their products, contributing to the growth of the ultra-wideband chipset market. Moreover, in April 2021, Apple released AirTag with UWB technology, post which Samsung officially launched its Galaxy SmartTag+ tracker comprising UWB. Thus, the surge in adoption rate contributes to the growth of the ultra-wideband chipset market.

Application-Based Insights

Based on offering, the ultra-wideband chipset market is segmented into RTLS, imaging, and communication. The communication segment led the market in 2021. UWB wireless communication transmits considerable data over a broad frequency spectrum ranging from 3.1 to 10.6 GHz. It includes ranging, authentication, wireless USB, and data transfer applications. Furthermore, the demand for wireless wideband communications systems has increased significantly, owing to emerging applications such as mobile ad-hoc networking and data collection through a wireless sensor network, driving the demand for ultra-wideband chipset market size.

The ultra-wideband chipset market is segmented based on application, end user, and geography. Based on type, the ultra-wideband chipset market is categorized into imaging measurement systems and non-imaging measuring systems. Based on end user, the ultra-wideband chipset market is segmented into manufacturing, retail, automotive, healthcare, and consumer electronics. Geographically, the ultra-wideband chipset market is segmented into North America, Europe, Asia Pacific (APAC), and the Rest of World. ALEREON, INC.; Apple Inc.; Bespoon SAS; Decawave Limited; TAIYO YUDEN CO., LTD.; Taoglas; Johanson Technology, Inc.; NOVELDA; NXP Semiconductors N.V.; and Pulse-Link, inc. are among the key players profiled during the ultra-wideband chipset market study.

Players operating in the ultra-wideband chipset market are mainly focused on the development of advanced and efficient products.

  • In 2021, Apple Inc. has launched AirTag with U1 UWB chipset designed to track objects using iPhone.
  • In 2020, Samsung launched its new smartphone named as Samsung Galaxy Note20 Ultra smartphone which is powered by NXP Semiconductors’ ultra-wideband chipset.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Application, and End-User

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


Who are the major end user for ultra-wideband chipset?

Ultra-wideband technology is considered to be the fastest-growing technology, which is predicted to notably enhance the consumers experience related to smartphones, TVs, home entertainment products, audio equipment, and laptops. UWB is known for offering wireless connections at speeds of around 110 Mbit/sec and higher, thus making it suitable for connecting televisions to recorders and DVD players, home audio equipment, and personal video recorders (PVRs). UWB is able to meet the low power requirements of handheld electronics and offers a low-cost solution that is relevant for wide consumer adoption. The major use of UWB chipsets is expected to be across smartphones, wearable, Ipad, homepod, and mini watches. The devices that are equipped with the Apple-designed U1 chip feature ultra-Wideband technology for spatial awareness. UWB is available for iPhone 11, iPhone 12, and iPhone 13 variants. UWB is not available in all the countries of the world and is subject to international regulatory requirements. In the consumer electronics sector, the use of UWB technology is anticipated to be the most for smartphones.

Which region has dominated the ultra-wideband chipset market?

In 2020, Asia Pacific holds the largest share of the global ultra-wideband chipset market owing to the integration of UWB technology in consumer electronic devices for RTLS, imaging, and communication. China leads the region due to the heavy investments in research and development of UWB technology. Moreover, the increasing healthcare industry in the region and the need for highly accurate imaging and detection systems are among the factors driving the market growth.

Which are the major companies in the ultra-wideband chipset market?

NXP Semiconductors, Qorvo, Decaware, Alereon and Apple are the five key market players operating in the Global Ultra-Wideband Chipset Market. listing of Key Five Players in the Global Ultra-Wideband Chipset Market by giving weightage to following key parameters: overall revenue, segmental revenue, brand image & industry experience, current automatic tolling system portfolio, innovative and advanced technology integration/material enhancements, customer base, geographical reach, new product launches, partnerships, mergers & acquisitions, and other market related activities.

Which application is expected to dominate the market in the forecast period?

The communication segment is expected to dominate the market during the forecast period. UWB communication utilizes wide bandwidth and supports high data rates. UWB wireless communication transmits a huge amount of data over a wide frequency spectrum between 3.1 to 10.6GHz. It includes applications such as ranging, authentication, wireless USB, data transfer. USB UWB communication mainly uses low-powered radio signals of short pulses for the transmission and reception of data. Recently, ultra-wideband antenna applications have grown to include a wide range of computing devices and Internet of Things (IoT) peripherals. Most of these wireless communication systems employ a UWB antenna for data transmission, reception, positioning, location identification, sensing, and tracking. Depending on the radiation characteristics of the communication system, UWB antenna design varies, and each application requires customized UWB antennas. Thus, the above factor will lead market players to invest more on development of the products.

What are reasons behind ultra-wideband (UWB) chipset market growth?

Ongoing advancements in new application areas of UWB technology in the wireless sensor network and growing deployment of the technology in mobile devices have increased the scope of UWB technology. Furthermore, UWB is one of the fastest-growing technologies adopted in RTLS systems, with a considerable growth potential due to its accuracy in tracking assets. UWB technology and the next-generation BLE beacon technology are likely to be in demand by the providers of RTLS solutions and asset tracking systems during the forecast period. Thus, the adoption of RTLS (real-time location system) of ultra-wideband chipsets to track or locate people or objects within confined areas such as shopping malls, hospitals, and airports is expected to boost the global ultra-wideband (UWB) chipset market during the forecast period.

What are market opportunities for ultra-wideband chipset market?

The automotive and transportation industry has witnessed a series of new and emerging UWB technology applications for the past few years and wireless technology is majorly used in automobiles for radio reception and navigation purposes. Additionally, the introduction of advanced features in cars such as keyless entry and tire pressure monitoring has also led to the higher adoption of wireless data transmission techniques which will create growth opportunities of the market during the forecast period.

The List of Companies - Ultra Wideband Chipset Market

  1. ALEREON, INC.
  2. Apple Inc.
  3. Bespoon SAS
  4. Decawave Limited
  5. TAIYO YUDEN CO., LTD.
  6. Johanson Technology, Inc.
  7. NOVELDA AS
  8. NXP Semiconductors N.V.
  9. Pulse-Link, inc.
  10. Taoglas

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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