South Korea ULTRA-WIDEBAND (UWB) MARKET to 2032

Overview

The South Korea ULTRA-WIDEBAND (UWB) MARKET is expected to reach a 4.54 USD Billion by 2032 and is projected to grow at a CAGR of 8.28% from 2025 to 2032.

Revenue, 2024 (USD Billion)
2.99
Forecast, 2032 (USD Billion)
4.54
CAGR, 2024 - 2032
8.28%
Report Coverage
South Korea

South Korea ULTRA-WIDEBAND (UWB) MARKET 2018-2032 USD Billion

South Korea ULTRA-WIDEBAND (UWB) MARKET, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 2.99 USD Billion
  • Projected Market Size (2032): 4.54 USD Billion
  • CAGR (2025-2032): 8.28%

Key Findings of South Korea ULTRA-WIDEBAND (UWB) MARKET

  • The South Korea ULTRA-WIDEBAND (UWB) MARKET was valued at 2.99 USD Billion in 2024.
  • The South Korea ULTRA-WIDEBAND (UWB) MARKET is likely to grow at a CAGR of 8.28% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Aerospace in End User Segment accounted for the largest share of the market with a revenue of 2.99 USD Billion
  • The fastest growing segment Healthcare in End User Segment grew Fastest with a CAGR of 10.16% during the forecast period from 2024 to 2032.

South Korea ULTRA-WIDEBAND (UWB) MARKET Scope

South Korea ULTRA-WIDEBAND (UWB) MARKET Segmentation & Scope
End User
  • Others
  • Government
  • Utilities
  • Retail
  • Banking and Financial Services Industry (BFSI)
  • Residential
  • Manufacturing
  • Automotive
  • Healthcare
  • Aerospace
Application
  • Others
  • Altimeter
  • Covert Communications
  • Data Links
  • Intrusion Detection
  • Geolocation
  • High Speed LAN / WAN ( >20 Mbps)
  • Imaging
  • Real Time Locating Systems (RTLS)/WSN)
Technology
  • Long Range
  • Short Range
System Type
  • Vehicular Radar Systems
  • Communications and Measurements Systems
  • Imaging Systems
Type
  • Multi-Band UWB
  • Impulse Radio
Service
  • Wireless Peripheral Interface
  • Internet Access and Multimedia Service
  • Location Based Services

South Korea ULTRA-WIDEBAND (UWB) MARKET Data Coverage Insights

Study Period 2024-2032
Base Year 2020
Unit Revenue in USD Billion
Market Value in 2024 2.99 USD Billion
Market Value in 2032 4.54 USD Billion
CAGR (2025-2032) 8.28%
Historic Data 2016-2023
Market Segments Covered End User,Application,Technology,System Type,Type,Service

Regional Insights:

  • Leading Market (2024-2032): South Korea, leading in terms of revenue 2.99 USD Billion in 2024
    • Key Country: South Korea, leading in terms of revenue with value of 2.99 USD Billion in 2024.

Segments and Scope

  • South Korea ULTRA-WIDEBAND (UWB) MARKET to 2032, By End User
    • Aerospace is the largest segment in South Korea ULTRA-WIDEBAND (UWB) MARKET to 2032 with a revenue of 2.99 USD Billion in the year 2024.
    • Healthcare is the Fastest growing segment in South Korea ULTRA-WIDEBAND (UWB) MARKET to 2032 with a Growth rate of 8.28 % in forecast period 2025-2032.
  • South Korea ULTRA-WIDEBAND (UWB) MARKET to 2032, By Application
    • Real Time Locating Systems (RTLS)/WSN) is the largest segment in South Korea ULTRA-WIDEBAND (UWB) MARKET to 2032 with a revenue of 0.74 USD Billion in the year 2024.
    • Imaging is the Fastest growing segment in South Korea ULTRA-WIDEBAND (UWB) MARKET to 2032 with a Growth rate of 8.85 % in forecast period 2025-2032.
  • South Korea ULTRA-WIDEBAND (UWB) MARKET to 2032, By Technology
    • Short Range is the largest segment in South Korea ULTRA-WIDEBAND (UWB) MARKET to 2032 with a revenue of 2.75 USD Billion in the year 2024.
    • Short Range is the Fastest growing segment in South Korea ULTRA-WIDEBAND (UWB) MARKET to 2032 with a Growth rate of 8.54 % in forecast period 2025-2032.
  • South Korea ULTRA-WIDEBAND (UWB) MARKET to 2032, By System Type
    • Imaging Systems is the largest segment in South Korea ULTRA-WIDEBAND (UWB) MARKET to 2032 with a revenue of 1.70 USD Billion in the year 2024.
    • Imaging Systems is the Fastest growing segment in South Korea ULTRA-WIDEBAND (UWB) MARKET to 2032 with a Growth rate of 9.16 % in forecast period 2025-2032.
  • South Korea ULTRA-WIDEBAND (UWB) MARKET to 2032, By Type
    • Impulse Radio is the largest segment in South Korea ULTRA-WIDEBAND (UWB) MARKET to 2032 with a revenue of 2.01 USD Billion in the year 2024.
    • Impulse Radio is the Fastest growing segment in South Korea ULTRA-WIDEBAND (UWB) MARKET to 2032 with a Growth rate of 8.45 % in forecast period 2025-2032.
  • South Korea ULTRA-WIDEBAND (UWB) MARKET to 2032, By Service
    • Location Based Services is the largest segment in South Korea ULTRA-WIDEBAND (UWB) MARKET to 2032 with a revenue of 1.47 USD Billion in the year 2024.
    • Location Based Services is the Fastest growing segment in South Korea ULTRA-WIDEBAND (UWB) MARKET to 2032 with a Growth rate of 9.07 % in forecast period 2025-2032.

South Korea ULTRA-WIDEBAND (UWB) MARKET Company Share Analysis

 
Company Name Company Share Analysis
Zebra Technologies Corp. (ZIH Corp)
Qorvo, Inc
Siemens
SICK AG
FUJITSU
South Korea ULTRA-WIDEBAND (UWB) MARKET Company Share Analysis

South Korea ULTRA-WIDEBAND (UWB) MARKET Geographical Sales Distribution, 2018-2032 USD Billion

South Korea ULTRA-WIDEBAND (UWB) MARKET Geographical Sales Distribution, 2018-2032 USD Billion

South Korea ULTRA-WIDEBAND (UWB) MARKET Company Profiling

South Korea ULTRA-WIDEBAND (UWB) MARKET Company Profiling
Frequently Asked Questions
The South Korea ULTRA-WIDEBAND (UWB) MARKET is segmented based on Segmentation End User,Application,Technology,System Type,Type,Service.
South Korea ULTRA-WIDEBAND (UWB) MARKET was valued at USD 2.99(Revenue in USD Billion) in 2020.
South Korea ULTRA-WIDEBAND (UWB) MARKET is projected to grow at a CAGR of 8.28% during the forecast period of 2024 to 2032.
The Aerospace segment is expected to dominate the South Korea ULTRA-WIDEBAND (UWB) MARKET, holding a largest market share of 2.99 USD Billion in 2024

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South Korea ULTRA-WIDEBAND (UWB) MARKET Scope

South Korea ULTRA-WIDEBAND (UWB) MARKET Segmentation & Scope
End User
  • Others
  • Government
  • Utilities
  • Retail
  • Banking and Financial Services Industry (BFSI)
  • Residential
  • Manufacturing
  • Automotive
  • Healthcare
  • Aerospace
Application
  • Others
  • Altimeter
  • Covert Communications
  • Data Links
  • Intrusion Detection
  • Geolocation
  • High Speed LAN / WAN ( >20 Mbps)
  • Imaging
  • Real Time Locating Systems (RTLS)/WSN)
Technology
  • Long Range
  • Short Range
System Type
  • Vehicular Radar Systems
  • Communications and Measurements Systems
  • Imaging Systems
Type
  • Multi-Band UWB
  • Impulse Radio
Service
  • Wireless Peripheral Interface
  • Internet Access and Multimedia Service
  • Location Based Services
Frequently Asked Questions
The South Korea ULTRA-WIDEBAND (UWB) MARKET is segmented based on Segmentation End User,Application,Technology,System Type,Type,Service.
South Korea ULTRA-WIDEBAND (UWB) MARKET was valued at USD 2.99(Revenue in USD Billion) in 2020.
South Korea ULTRA-WIDEBAND (UWB) MARKET is projected to grow at a CAGR of 8.28% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea ULTRA-WIDEBAND (UWB) MARKET for final year is USD 4.54 (USD Billion).

South Korea ULTRA-WIDEBAND (UWB) MARKET Company Profiling

South Korea ULTRA-WIDEBAND (UWB) MARKET Company Profiling
Frequently Asked Questions
The South Korea ULTRA-WIDEBAND (UWB) MARKET is segmented based on Segmentation End User,Application,Technology,System Type,Type,Service.
South Korea ULTRA-WIDEBAND (UWB) MARKET was valued at USD 2.99(Revenue in USD Billion) in 2020.
South Korea ULTRA-WIDEBAND (UWB) MARKET is projected to grow at a CAGR of 8.28% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea ULTRA-WIDEBAND (UWB) MARKET for final year is USD 4.54 (USD Billion).

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