Global Chip Antenna Market Size Analysis Report - Market Share, Forecast Trends and Outlook (2024-2032)

Global Chip Antenna Market Outlook

The global chip antenna market size reached approximately USD 3.97 billion in 2023. The market is projected to grow at a CAGR of 12.9% between 2024 and 2032, reaching a value of around USD 11.84 billion by 2032.

Key Trends in the Market

Chip antennas are a special type of antenna known for their small footprint. These antennas emit and receive electromagnetic waves as regular antennae. However, due to their restricted coverage area, they are most compatible with small devices such as phones and Wi-Fi routers.

• The chip antenna market growth is likely to be supported in the foreseeable future by the miniaturisation of products in the consumer electronics sector and the increasing applications of chip antennas in IoT-driven systems. The market is also expected to flourish owing to the increasing usage of IoT technologies across various sectors, enhancing the demand for compact chips.

• The rising implementation of 5G communication systems is one of the major chip antenna market trends. The demand for faster and more reliable wireless connectivity is rising rapidly, hence key players are investing in research and development activities focused on tailoring chip antennas for 5G protocols. Moreover, manufacturers are making large investments in the design and production of specialised chips optimised to meet the stringent requirements of advanced network systems.

• Manufacturers are increasingly turning to chip antennas as a viable alternative when traditional antenna options prove impractical. The global chip antenna market demand is expected to be high owing to the rising popularity of these antennas due to their cost-effectiveness and high-quality performance. The cost-effectiveness of chip antennas, combined with their exceptional performance, makes them an attractive choice for a wide range of applications, ranging from consumer electronics to industrial automation.

Market Analysis

Based on type, the market can be segmented into dielectric chips and ceramic multilayer chips. The global chip antenna market segmentation, based on application, includes WLAN/Wi-Fi, Bluetooth, dual band/multi band, and GPS/GNSS. Based on end use, the market divisions include automotive, consumer electronics, healthcare, and IT and telecommunication, among others. The major regional markets for chip antenna are into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global chip antenna market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

• Mitsubishi Electric Corporation 

• Johanson Technology Incorporated 

• Yageo Corporation

• TE Connectivity Corporation 

• Vishay Intertechnology, Inc. 

• Antenova Ltd. 

• INPAQ Technology Co., Ltd. 

• Taoglas Group Holdings Limited 

• Fractus SA 

• Partron Co., Ltd.

• Others

Market Share by Type

Ceramic multiplayer chips are expected to account for a major portion of the chip antenna market sales in upcoming years. Ceramic multilayer chips, also known as multilayer ceramic capacitors (MLCCs), have witnessed a notable surge in demand in recent years due to their space efficiency and broad application. These chips are popular for their compact size and high capacitance values relative to their volume, which makes them integral to numerous electronic systems, ranging from smartphones and laptops to automotive electronics, medical devices, and industrial machinery.

Market Share by Region

According to the global chip antenna market analysis, the United States has shown consistent growth over the past few years and is projected to continue expanding significantly in the coming decade. This growth can be attributed to the increasing use of chip antennas in various industries such as automotive, defence, and healthcare. The widespread adoption of the Internet of things (IoT) and the growing popularity of smart homes are also expected to fuel the sales of chip antennas in the USA in the coming years.

Competitive Landscape

Mitsubishi Electric Corporation is a multinational electronics and electrical equipment manufacturer based in Tokyo, Japan. It is one of the core companies of the Mitsubishi Group, which is a conglomerate of independent businesses and companies bearing the Mitsubishi name. The company has a long history, dating back to 1921 when it was established as a separate entity from the Mitsubishi Heavy Industries. It initially focused on the development and production of electric motors.

Johanson Technology Incorporated is a California-based company that specialises in the design and manufacture of high-frequency ceramic components. Johanson Technology was founded in 1994 and primarily focused on the design and production of ceramic components for high-frequency applications. These components are used in a wide range of sectors, including wireless communications, automotive electronics, medical devices, and aerospace.

Yageo Corporation, based in Taiwan, began as a ceramic capacitor manufacturer and later diversified into a broad spectrum of electronic components. Specialising in passive electronic components, which operate without an external power source, Yageo produces resistors, capacitors, inductors, and other essentials for electronic circuits.

Other global chip antenna market players include TE Connectivity Corporation, Vishay Intertechnology, Inc., Antenova Ltd., INPAQ Technology Co., Ltd., Taoglas Group Holdings Limited, Fractus SA, and Partron Co., Ltd., among others.

Key Highlights of the Report

Chip Antenna Market Report Snapshots

Chip Antenna Market Size

Chip Antenna Market Analysis

Chip Antenna Market Share

Chip Antenna Companies