North America Ultra-Wideband (UWB) Market, By Type (Impulse Radio, Multi-Band UWB), System Type (Imaging Systems, Communications and Measurements Systems, Vehicular Radar Systems), Technology (Short Range, Long Range), Application (Imaging, Real Time Locating Systems (RTLS)/WSN), High Speed LAN / WAN (>20 Mbps), Geolocation, Intrusion Detection, Altimeter, Data Links, Covert Communications), Service (Location Based Services, Internet Access and Multimedia Service, Wireless Peripheral Interface), End User (Aerospace, Healthcare, Automotive, Banking and Financial Services Industry (BFSI), Manufacturing, Government, Retail, Utilities, Residential), Components (Sensors, Integrated Circuits, Motherboard) – Industry Trends and Forecast to 2030.
North America Ultra-Wideband (UWB) Market Analysis and Size
Ultra-wideband (UWB) is an innovation for communicating data spread. This means that ultra-wideband (UWB) enables huge data transmission. Increasing use of UWB technology across a wide range of mobile devices, rising industrial Internet of Things adoption and rising demand for the technology in real-time location systems are just a few of the important reasons enhancing the market's expansion. Moreover, many research teams have looked into the usage of UWB technology in several situations involving vehicles, including using it as a vehicle localization module to replace GPS, parking guide, intra-vehicular networks, and bike monitoring.
Data Bridge Market Research analyses that the North America ultra-wideband (UWB) market was valued at USD 40.47 million in 2022 and is expected to reach the value of USD 68.50 million by 2030, at a CAGR of 6.80% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
North America Ultra-Wideband (UWB) Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Impulse Radio, Multi-Band UWB), System Type (Imaging Systems, Communications and Measurements Systems, Vehicular Radar Systems), Technology (Short Range, Long Range), Application (Imaging, Real Time Locating Systems (RTLS)/WSN), High Speed LAN / WAN (>20 Mbps), Geolocation, Intrusion Detection, Altimeter, Data Links, Covert Communications), Service (Location Based Services, Internet Access and Multimedia Service, Wireless Peripheral Interface), End User (Aerospace, Healthcare, Automotive, Banking and Financial Services Industry (BFSI), Manufacturing, Government, Retail, Utilities, Residential), Components (Sensors, Integrated Circuits, Motherboard)
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Countries Covered
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U.S., Canada and Mexico in North America
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Market Players Covered
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NXP Semiconductors (Netherlands), Texas Instruments Incorporated (U.S.), SAMSUNG (South Korea), Stanley Black & Decker, Inc. (U.S.), Robert Bosch GmbH (Germany), Honeywell International Inc. (U.S.), 3M (U.S.), Emerson Electric Co. (U.S.), Apple Inc., Taiyo Yuden Co Ltd. (Japan), Zebra Technologies Inc. (U.S.), Fractus Antennas S.L. (Spain), Nanotron Technologies GmbH (Germany), Alereon, Inc. (U.S.), Pulse LINK, Inc. (U.S.), 5D Robotics, Inc. (U.S.), Johanson Technology, Inc. (U.S.), DecaWave Ltd. (Ireland) and BeSpoon SAS (France)
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Market Opportunities
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Market Definition
Ultra-wideband (UWB) is a radio technology that can use a deficient energy level for high-bandwidth communications, short-range over a large portion of the radio spectrum. Ultra-wideband (UWB) has traditional applications in non-cooperative radar imaging. The most recent applications of this band are precise locating and tracking and target sensor data collection. UWB has started to appear in high-end smartphones. Ultra-wideband is used for transmitting information through a wide bandwidth. This enables the transmission of a huge amount of signal energy without interfering with carrier wave transmission and conventional narrowband in the same frequency band.
North America Ultra-Wideband (UWB) Market Dynamics
Drivers
- Miscellaneous advantages
Ultra-wideband (UWB) shines as a real-time location system (RTLS) due to its excelling in enabling, asset tracking and supporting the growth of indoor intelligence. Its minimal profile of hardware and high degree of accuracy required to operate have profited from expanding applications, such as localization systems and indoor powering positioning. One of the important and initial applications for Ultra-wideband (UWB) was in the military. It served as a secure and precise mode of communication, radar for spotting targets and a tool for locating soldiers. It then advanced into the medical industry for medical imaging. The miscellaneous advantages of Ultra-wideband (UWB) are expected to drive the market growth rate.
- Increasing usage of real time locating systems (RTLS)/WSN)
A UWB based real time locating systems (RTLS) system is a combination of software and hardware, which is characterized by high accuracy and forms a system that is used in a large bandwidth spectrum, generally greater than 500 MHz. The RTLS is used to track and locate assets. The ultra-wideband (UWB) technology is witnessing high demand from suppliers of asset-tracking and RTLS solutions systems. Furthermore, the adoption of RTLS and UWB to locate or track objects and people within limited areas, such as hospitals, shopping malls and airports is supporting the growth of the market.
Opportunities
- High adoption of ultra-wideband (UWB) in smartphone and wearables
Manufacturers of smartphone and wearables providers are eager to adopt the ultra-wideband (UWB) technology. Samsung, a member of the FiRa Consortium, has been working to upgrade UWB standards and certification processes to assure encourage and interoperability of the usage of UWB technology. For instance, faster device-to-device file transfers are one of the important ultra-wideband (UWB) services that Samsung's Galaxy Note 20 Ultra usages. Furthermore, its Nearby Share app instantaneously lists additional UWB-equipped devices when the phone is just pointed in their direction.
Restraints
- Increased number of regulations
Growing enforcement of stringent environmental rules on the industries will create limitations for the market growth. Furthermore, stringent rules on product approvals will narrow down the scope of market growth. Further, suspension of business activities on account of the coronavirus epidemic will yet again generate hindrances.
- Supply chain disruptions
With the increasing number of restrictions due to pandemic, there has been a hit in the supply and demand of raw materials around the globe. Furthermore, fluctuations in the costs of raw materials will prove to be a disadvantage for the market. Therefore, this will challenge the growth rate of the market.
This North America ultra-wideband (UWB) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the North America ultra-wideband (UWB) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Covid-19 Impact on Ultra-Wideband (UWB) Market
The outbreak of COVID-19 pandemic has extremely disrupted the socio-economy of several countries globally. Similarly, it has positively affected numerous businesses in the U.S. However, the RTLS segment has experienced substantial growth opportunities in the healthcare market during the pandemic. The initiative of social distancing has mainly contributed to the growing usage of RTLS during the pandemic. For instance, during the pandemic, Kinexon’s ultra-wideband contact tracing system made professional football and basketball seasons possible in the U.S. Therefore, the rise in the adoption of UWB technology to adhere to the rule of social distancing has increased the demand for the ultra-wideband in North America.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In July 2022 – Humatics entered in a partnership with Hitachi Rail. In this partnership, Humatics has declared the successful completion of a year-long pilot project which evaluates the technical and economic benefits of the Humatics Rail Navigation System (HRNS). The HRNS is a navigation system provider that uses sensor fusion algorithms to tackle complex navigational problems for automated rail vehicles. Train control systems such as PTC, CBTC, and ERTMS get the exact location, speed, direction and acceleration data through Ultra-Wideband (UWB) such as GNSS and Inertial Measurement Units (IMU).
- In Jul 2022 - NXP Collaborated with Samsung and ING to test the first peer-to-peer payment application which is based on UWB. The pilot intends to increase the seamlessness and usability of peer-to-peer payments by leveraging NXP's ultra-wideband technology and ING's payment expertise.
Ultra-Wideband (UWB) Market Scope
The North America ultra-wideband (UWB) market is segmented based on the type, system type, technology, application, service, end user and components. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Impulse Radio
- Multi-Band UWB
System Type
- Imaging Systems
- Communications and Measurements Systems
- Vehicular Radar Systems
Technology
- Short Range
- Long Range
Application
- Imaging
- Real Time Locating Systems (RTLS)/WSN)
- High Speed LAN / WAN (>20 Mbps)
- Geolocation
- Intrusion Detection
- Altimeter
- Data Links
- Covert Communications
Service
- Location Based Services
- Internet Access and Multimedia Service
- Wireless Peripheral Interface
End User
- Aerospace
- Healthcare
- Automotive
- Banking and Financial Services Industry (BFSI)
- Manufacturing
- Government
- Retail
- Utilities
- Residential
Components
- Sensors
- Integrated Circuits
- Motherboard
North America Ultra-Wideband (UWB) Market Regional Analysis/Insights
The North America ultra-wideband (UWB) market is analyzed and market size insights and trends are provided by country, type, system type, technology, application, service, end user and components as referenced above.
The countries covered in the North America ultra-wideband (UWB) market report are report U.S., Canada and Mexico in North America.
The U.S. is dominating North America ultra-wideband (UWB) market because this country is the first country to adopt the ultra-wideband technology and has several applications in numerous industries such as healthcare, aerospace and automotive. Moreover, increasing inclination of manufacturers towards in-transit material and tracking of assets is increasing the market growth rate. This is majorly used for real time location system with high precision and accuracy geolocation tracking in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and North America Ultra-Wideband (UWB) Market Share Analysis
The North America ultra-wideband (UWB) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to North America ultra-wideband (UWB) market.
Some of the major players operating in the North America ultra-wideband (UWB) market are:
- NXP Semiconductors (Netherlands)
- Texas Instruments Incorporated (U.S.)
- SAMSUNG (South Korea)
- Stanley Black & Decker, Inc. (U.S.)
- Robert Bosch GmbH (Germany)
- Honeywell International Inc. (U.S.)
- 3M (U.S.)
- Emerson Electric Co. (U.S.)
- Apple Inc. (U.S.)
- Taiyo Yuden Co Ltd. (Japan)
- Zebra Technologies Inc. (U.S.)
- Fractus Antennas S.L. (Spain)
- Nanotron Technologies GmbH (Germany)
- Alereon, Inc. (U.S.)
- Pulse LINK, Inc. (U.S.)
- 5D Robotics, Inc. (U.S.)
- Johanson Technology, Inc. (U.S.)
- DecaWave Ltd. (Ireland)
- BeSpoon SAS (France)
Research Methodology: Ultra-Wideband (UWB) Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The stage includes the obtainment of market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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