The North America Chip Antenna Market would witness market growth of 12.5% CAGR during the forecast period (2022-2028).
Manufacturers must create an antenna that is inversely proportionate to the wavelength, as antenna geometry is proportional to the frequency of the signal. The length of the antenna should not be less than one-tenth of the wavelength to effectively transmit and receive a signal. Chip antennas with high frequency are the most prevalent since an antenna needs to be relatively compact in order to be integrated into a printed circuit board.
Chip antennas are typically produced for frequencies of 300 MHz to 2500 MHz, implying that their operation range is a few hundred feet. Chip antennas have a narrow bandwidth due to their extremely accurate frequency tuning, which also increases the efficiency of the antenna.
As long as the Voltage Standing Wave Ratio (VSWR) is kept to a minimum, chip antennas have a good gain. The value of VSWR, which is most frequently set at 50, measures the amount of energy reflected in the energy source due to impedance mismatching in the circuit (capacitor, feed line, microstripline, inductor, and antenna).
Canada is North America's second-largest auto market after the United States. Almost 75 percent of the market for new cars is made up of imports. The majority of international manufacturers are represented in Canada, and five of them, Ford, FCA, Toyota, General Motors, and Honda, have local assembly facilities. Massive supply chains are used by Canada's Tier 1 and Tier 2 automakers to satisfy a wide range of high-tech specifications for their processes. Both in Canada and other countries, they produce systems and automotive assemblies. Additionally, the Automotive Parts Manufacturers Association (APMA) is a strong industrial association. These developments have increased the demand for chip antennas for various purposes like connectivity, GNSS, WiFi, etc.
The US market dominated the North America Chip Antenna Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $607.1 million by 2028.The Canada market is poised to grow at a CAGR of 15.1% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 14% during (2022 - 2028).
Based on Type, the market is segmented into LTCC Chip and Dielectric Chip. Based on Application, the market is segmented into Bluetooth, WLAN / WiFi, GPS / GNSS and Dual Band / Multi Band. Based on End User, the market is segmented into Telecommunication, Consumer Electronics, Automotive, Healthcare and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Chip Antenna Market is Estimated to reach $2.9 Billion by 2028, at a CAGR of 13.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Linx Technologies, Inc. (TE Connectivity Ltd.), Vishay Intertechnology, Inc., Yageo Corporation, Mitsubishi Materials Corporation, Taoglas, Antenova Ltd., Johanson Technology, Inc., Ignion, SL, and Shenzhen Sunlord Electronics Co., Ltd.
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