Global embedded antenna systems market is expected to reach USD 8.4 billion by 2027; at a CAGR of 14.9% during the forecast period from 2021 to 2027.
The embedded antenna systems market refers to the market for antennas that are integrated into electronic devices such as smartphones, tablets, laptops, and other wireless communication devices. These antennas are designed to be compact and low-profile, enabling them to be seamlessly integrated into the design of the device.
The demand for embedded antenna systems has been driven by the increasing adoption of wireless communication devices and the need for high-performance antennas that can operate across multiple frequency bands. Embedded antenna systems offer several advantages over traditional external antennas, including improved aesthetics, reduced power consumption, and improved overall performance.
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The market for embedded antenna systems is highly competitive, with several major players competing for market share. Some of the key players in the market include Laird Connectivity, Pulse Electronics, Taoglas, Antenova, and Molex.
The market is expected to experience significant growth in the coming years, driven by the increasing adoption of wireless communication technologies and the growing demand for high-performance antennas that can operate across multiple frequency bands. The proliferation of IoT devices is also expected to drive demand for embedded antenna systems, as these devices require compact and low-profile antennas to support wireless connectivity.
In terms of geographical regions, North America and Europe are currently the largest markets for embedded antenna systems, with Asia Pacific expected to emerge as a key growth market in the coming years. The increasing adoption of 5G technology is also expected to create new opportunities for the embedded antenna systems market, as 5G networks require high-performance antennas that can support high-speed data transfer rates.
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