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Research details developments in the Global ultra-wideband (UWB) market projected to grow at a CAGR of 5.45 by 2024

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Global Ultra-Wideband (UWB) Market By Application (Imaging, RTLS/WSN), End Users (Healthcare, Manufacturing, Transportation, Residential, Retail, Automotive), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

Global Ultra-Wideband (UWB) Marketaccounted for USD 62.10 million in 2016 and is projected to grow at a CAGR of 5.4% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Market Definition: Global Ultra-Wideband (UWB) Market

Ultra-wideband (UWB) is a type of wireless network communication method which consumes low power in order to get high bandwidth connections. Without utilizing much power, it does transmit ample of information over a short distance.

These are usually designed for wireless PAN, consumer electronics and radar systems.

Major Market Drivers:

  • Growing demand in IoT and Real-time locating systems
  • Utilization in wireless sensor network

Major Market Restraints:

  • Greater competition from substitute products
  • High price of ultra-wideband (UWB)

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On the basis of product, global ultra-wideband (UWB) market is segmented into imaging, real time locating systems (RTLS)/WSN and others.

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On the basis of services, global ultra-wideband (UWB) market is segmented into healthcare, manufacturing, transportation, residential, retail, automotive and others.

On the basis of geography, the global ultra-wideband (UWB) market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East and Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

The 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.

Some of the major players operating in this market are

Some of the major players in global ultra-wideband (UWB) market include:

  • Samsung Electronics Co., Ltd.
  • BeSpoon SAS
  • Alereon, Inc.
  • PULSE-LINK, Inc.
  • Johanson Technology, Inc.
  • Decawave
  • Nanotron Technologies GmbH
  • 5D Robotics, Inc.
  • ZIH Corp
  • Fractus Antennas S.L
  • Among Others.

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