Ultra-Wideband (UWB) Market by End-User & Region - Global Forecast to 2022


Posted May 22, 2019 by poojapatange

Ultra-Wideband (UWB) Market by End-User (Healthcare, Automotive and Transportation, Manufacturing, Residential Retail), Application (RTLS/WSN, Imaging), and Geography (North America, Europe, Asia-Pacific, Rest of the World) - Global Forecast to 2022

 
The ultra-wideband (UWB) market is expected to be worth USD 85.4 Million by 2022, at a CAGR of 5.2% between 2016 and 2022. The base year considered for the market estimation of the study is 2016 and the forecast period is between 2016 and 2022.

This report provides valuable insights into the ecosystem of the UWB market. The major players in UWB market include DecaWave Ltd. (Ireland), 5D Robotics, Inc. (U.S.), Pulse~LINK, Inc. (U.S.), Alereon, Inc. (U.S.), BeSpoon SAS (France), Fractus Antennas S.L. (Spain), Johanson Technology, Inc. (U.S.), and Nanotron Technologies GmbH (Germany).

Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=200905786

“RTLS/WSN market segment expected to grow at the highest rate between 2016 and 2022”

Ultra-wideband (UWB) is one the fastest-growing technologies with a huge market growth potential because of to its accuracy in tracking assets. UWB-based real-time location system (RTLS) solutions refer to systems, which operate in a large bandwidth spectrum, generally greater than 500 MHz, and are characterized by high accuracy. Similar to wireless fidelity (Wi-Fi), a UWB system could also operate in signal strength or time of arrival modes. The major advantage of the UWB-based RTLS solutions is their advantage of sustaining a good performance in walled environments.

“Healthcare segment on the basis of end user is expected to dominate the UWB market between 2016 and 2022”

The healthcare industry has been the major end-user of UWB-based RTLS solutions, and this is expected to continue between 2016 and 2022. The UWB technology has witnessed high penetration in RTLS solutions, that track and monitor hospital assets, patients, healthcare professionals, and hygiene inside the hospitals. Hospital operations have a continuous flow (in- and out-flow) of people and equipment as a part of the workflow process. These factors have led to huge opportunities for UWB-based RTLS solutions to track and monitor assets and people to increase the efficient workflow and enhanced patient throughput.

Deploying RTLS solution through UWB technology provides significant benefits to healthcare facilities, as UWB is a power efficient technology and provides superior battery life for remote wireless devices. The RTLS system makes use of the active tags and receives or transmits the data within the range depending on the specification of the RTLS technology.

“Key players in the UWB market see Asia-Pacific as a lucrative region between 2016 and 2022”

The Asia-Pacific (APAC) region includes some of the fastest-growing economies in the world, such as China and India. This region also includes some technologically advanced countries, such as Japan, Singapore, South Korea, and Australia. The rapid growth of the healthcare sector in China, Japan, and South Korea, along with the growth of the process industries in developing countries of this region, is expected to offer significant growth opportunities to the UWB market between 2016 and 2022. Moreover, the retail and automotive and transportation industries have contributed majorly to the growth of the UWB-based RTLS solution in the APAC region.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Puuja
Country India
Categories Technology , Wireless
Tags ultra wideband market , uwb
Last Updated May 22, 2019