세계의 초광대역(UWB) 시장 : 시장 점유율 분석, 산업 동향 및 통계, 성장 예측(2024-2029년)

The Ultra-Wideband Market size is estimated at USD 1.82 billion in 2024, and is expected to reach USD 4.08 billion by 2029, growing at a CAGR of 17.53% during the forecast period (2024-2029).

Key Highlights

• Increasing urbanization and digitalization strategy adoptions in line with the growing industrial infrastructure and smart homes, technological advancements to improve the operation of semiconductor tools, and increasing digitization in healthcare and retail sectors worldwide are other factors driving the market's growth.
• With the growth of smart cities and homes, the increasing applications of UWB technology in the digital security segments are expected to boost the market's growth, including Ultra-wideband technology enhancing security in access control systems. Access control systems can restrict access to secure areas by utilizing their precise ranging capabilities, allowing only authorized individuals entry. This shows the market's future growth opportunity with the increasing demand for intelligent security solutions worldwide.
• However, Wi-Fi and Bluetooth are the standard wireless communications protocols traditionally implemented in connected devices. They are still gaining significant traction in various applications, thus limiting the growth in demand for UWB technology. Bluetooth technology is still widely used in consumer electronic products, owing to its low price among other wireless communication protocols.
• OEMs' increasing usage of Ultra-wideband-based chips and components in electronic devices will support market growth in the future. For instance, in October 2023, Samsung Electronics announced the Galaxy SmartTag2, enabling users to track valuables better and can be integrated with UWB-enabled smartphones for managing the locations.
• Galaxy products that support UWB include Galaxy Note20 Ultra, Galaxy S21+, Galaxy S21 Ultra, Galaxy S22+, Galaxy S22 Ultra, Galaxy S23+, Galaxy S23 Ultra, Galaxy Z Fold2, Z Fold3, Z Fold4, and Z Fold5, which shows the increasing demand for the UWB technology in the smartphones and connected devices in the market, which would fuel the market's growth.

Ultra Wideband (UWB) Market Trends

Consumer Electronics to be the Largest End-user Industry

• With its capability of providing high data rate wireless communications, ultra-wideband (UWB) technology has found significant applications in consumer electronic products in the past few years. The ultra-wideband technology is largely being deployed in various high-end smartphones (Apple, Samsung, and Google Pixel), some premium laptops (Lenovo), speakers (Homepod Mini) wearable devices, and its uses are rapidly increasing in various smart home applications, thus providing vast potential for the growth of the UWB market in the consumer electronics segment in coming years.
• UWB technology has gained significant smartphone adoption over the past few years, with Apple smartphone launching UWB chips (U1) in its iPhone 11 for spatial awareness, allowing iPhone 11 Pro to locate other U1-equipped Apple devices in September 2019 precisely. Since then, the company has deployed UWB technology in its flagship products, such as iPhone 12, iPhone 13, iPhone 14 and iPhone 15. The company also uses UWB technology in wearables such as the Apple Watch Series 6, Series 7, Series 8, and Series 9.
• Making smart homes more accessible and intuitive is another emerging UWB application. Embedding UWB technology within smart home devices allows them to automatically respond to specific user movements, such as turning on a fan or a light, playing a preferred playlist, or adjusting the temperature. Thus, this drives the demand for ultra-wideband in consumer electronics in the coming years.
• Smartphones are analyzed to hold the highest share shipment-wise owing to the high smartphone penetration in countries such as China, India, the United States, etc. According to GSMA, in 2023, the worldwide smartphone adoption rate reached 69%, increasing from the previous year in 2022. This information is derived from approximately 6.7 billion smartphone subscriptions globally and a total population of roughly 7.4 billion.

Asia-Pacific to Register Major Growth

• The increasing availability of UWB technology in smartphones and the growing adoption by many car OEMs in their next generation of vehicles to provide drivers with secure car access are fueling ultra-wideband market growth in Asia-Pacific.
• The growth of connected cars and EVs in the Asia-Pacific is expected to drive the market's growth. For instance, according to the International Energy Agency, in 2023, China experienced the most electric car sales throughout Asia-Pacific, with over 8 million electric cars sold. Comparatively, approximately 82 thousand electric cars were sold in India in 2023.
• In February 2024, China's Shenzhen Giant Microelectronics Company Limited, which supplies wireless system-on-chip (SoC), introduced an industry-leading GT1500 UWB SoC for ranging, positioning, and wireless connectivity applications at MWC 2024. GT1500 is ideally suited for space-constrained wearable and IoT product applications.
• The adoption of IoT in the manufacturing and automobile sectors is creating an opportunity for the market due to the increasing requirement for UWB technologies in IoT devices. The manufacturing and automotive sectors are likely to be primary drivers due to a strong manufacturing base, rapid automotive growth, and existing infrastructure over the forecast period.

Ultra Wideband (UWB) Industry Overview

The market for Ultra-Wideband is fragemented and exceptionally competitive, mainly due to the presence of various critical vendors in the market operating in both international and domestic markets. The market is moderately concentrated, with the significant players adopting strategies such as mergers, acquisitions, and product innovation to widen their product portfolio and extend their geographic reach. Some vital players in the market are Qorvo Inc., Humatics Corporation, Pulse~Link Inc., Apple Inc., and Zebra Technologies Corporation, among others.

• February 2024 - Tesla introduced a significant update to its operating system, version 2024.2.3, incorporating Apple's Ultra Wideband (UWB) technology. This update substantially enhances the functionality of the phone key, allowing Tesla owners to bypass the less secure and less accurate Bluetooth connections previously used for vehicle access.
• November 2023 - NXP Semiconductors introduced the Trimension NCJ29D6. This automotive single-chip Ultra-Wideband (UWB) family integrates advanced, secure, and precise real-time localization with short-range radar. It is engineered to support a variety of applications within a single system, including secure car access, child presence detection, intrusion alerts, and gesture recognition. Automotive OEMs are already incorporating these devices, with deployment expected in vehicles for the 2025 model year.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET INSIGHTS

• 4.1 Market Overview
• 4.2 Industry Attractiveness - Porter's Five Forces Analysis
  • 4.2.1 Bargaining Power of Suppliers
  • 4.2.2 Bargaining Power of Buyers
  • 4.2.3 Threat of New Entrants
  • 4.2.4 Threat of Substitute Products
  • 4.2.5 Intensity of Competitive Rivalry
• 4.3 An Assessment of the Impact of Macroeconomic Factors on the Market

5 MARKET DYNAMICS

• 5.1 Market Drivers
  • 5.1.1 Growing Demand for RTLS applications
  • 5.1.2 Increased Adoption of the Industrial Internet of Things (IIoT)
• 5.2 Market Restraints
  • 5.2.1 Competition from the Substitute Products

6 MARKET SEGMENTATION

• 6.1 By Application
  • 6.1.1 RTLS
  • 6.1.2 Imaging
  • 6.1.3 Communication
• 6.2 By End-user Vertical
  • 6.2.1 Healthcare
  • 6.2.2 Automotive and Transportation
  • 6.2.3 Manufacturing
  • 6.2.4 Consumer Electronics
    • 6.2.4.1 Global UWB-enabled Device Shipments by Major Application
    • 6.2.4.2 Indicative Share of UWB-enabled Smartphone Devices by Region
    • 6.2.4.3 Indicative Share of UWB Smartphones - Asia-Pacific Country Level
    • 6.2.4.4 Key Applications Insights in Smartphone, IoT, and Wearables
    • 6.2.4.5 Impact of Regulatory Changes on the Adoption of UWB in Consumer Devices
    • 6.2.4.6 Major UWB Suppliers for Smartphone Companies
  • 6.2.5 Retail
  • 6.2.6 Other End-user Verticals
• 6.3 By Geography
  • 6.3.1 North America
  • 6.3.2 Europe
  • 6.3.3 Asia-Pacific
  • 6.3.4 Australia and New Zealand
  • 6.3.5 Latin America
  • 6.3.6 Middle East & Africa

7 COMPETITIVE LANDSCAPE

• 7.1 Company Profiles
  • 7.1.1 Qorvo Inc.
  • 7.1.2 Humatics Corporation
  • 7.1.3 Pulse~Link Inc.
  • 7.1.4 Apple Inc.
  • 7.1.5 Zebra Technologies Corporation
  • 7.1.6 NXP Semiconductors NV
  • 7.1.7 Texas Instruments Incorporated
  • 7.1.8 Johanson Technology Inc.
  • 7.1.9 Alereon Inc.
  • 7.1.10 Fractus SA

8 INVESTMENT ANALYSIS

9 FUTURE OF THE MARKET