Global Chip Antenna market will reach 170 million US$ by the end of 2025
Published Date: 2019/2/25
Chip antennas are a particular type of antenna valued for their small footprint. They are most commonly integrated in circuit boards to radiate high frequency electromagnetic waves. They have a limited range, making them optimal for small devices.
At present, in developed countries, the chip antenna industry is generally at a more advanced level. The world's large enterprises are mainly concentrated in Japan. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, and leading technical level. However, foreign companies’ manufacturing cost is relatively higher, compared with Chinese companies. With the development of Chinese chip antenna production technology, their share in the international market is increasing, and competitiveness in the international market gradually increases.
China’s chip antenna industry has developed into a national wide status with certain research and production capacity, industry product mix has gradually improved, currently. China has become a large international consumption country of chip antenna, but the production technology is relatively laggard to produce some low-end product. Although the new production lines are increasing, and the high-end product is still relying on import.
The global Chip Antenna market is valued at 160 million US$ in 2017 and will reach 170 million US$ by the end of 2025, growing at a CAGR of 1.2% during 2018-2025.
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