Ultra Wideband Market
PUBLISHED: 2024 ID: SMRC27470
SHARE
SHARE

Ultra Wideband Market

Ultra-wideband Market Forecasts to 2030 - Global Analysis By Type (Impulse Radio and Multi-band UWB), Positioning System (Indoor Positioning System and Outdoor Positioning System), Component, Application, End User and by Geography

4.5 (68 reviews)
4.5 (68 reviews)
Published: 2024 ID: SMRC27470

This report covers the impact of COVID-19 on this global market
Loading...

Years Covered

2022-2030

Estimated Year Value (2024)

US $2.41 BN

Projected Year Value (2030)

US $7.78 BN

CAGR (2024 - 2030)

21.6%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

North America

Highest Growing Market

Asia Pacific


According to Stratistics MRC, the Global Ultra-wideband Market is accounted for $2.41 billion in 2024 and is expected to reach $7.78 billion by 2030 growing at a CAGR of 21.6% during the forecast period. Ultra-wideband (UWB) is a wireless technology that offers high data transfer rates and precise spatial and directional accuracy. It operates over a broad range of frequency bands. UWB, in contrast to conventional narrowband systems, transmits data over a wide spectrum—typically more than 500 MHz—allowing for quick communication with little interference. Because UWB works so well in short-range applications, it is perfect for indoor navigation, secure access control, and location-based services. It is being utilized more frequently in wearables, smartphones, and car systems for features like real-time positioning and keyless entry.

According to the Federal Communications Commission (FCC), Ultra-wideband (UWB) was officially approved for commercial use in 2002, allowing its application in communications, radar, and positioning systems, which has since spurred innovation in precise location-based technologies.

Market Dynamics: 

Driver: 

Demand for high-speed data transmission

One major factor propelling the UWB market is the need for high-speed data transmission. Technologies that can handle large data packets with low latency are critical as applications like virtual reality (VR), augmented reality (AR), and high-definition video streaming become more common. UWB is especially well-suited for these applications because of its capacity to send data at speeds greater than 100 Mbps over short distances. Additionally, manufacturers of smartphones, wearables, and other smart devices are looking to UWB as a workable solution to improve connectivity as consumers demand more uninterrupted and seamless experiences.

Restraint:

Competition from well-established technologies

The competitive environment presents another obstacle to the adoption of UWB. With established user bases, technologies like Bluetooth and Wi-Fi are always changing to satisfy the needs of consumers who want speed and efficiency. Due to its late arrival into the market and the established technologies' stronghold, UWB has had difficulty gaining a sizable market share in consumer electronics, despite its advantages in precision location tracking and data transmission capabilities. Furthermore, UWB's acceptance by manufacturers and consumers alike is further complicated by the belief that it is a niche solution rather than a mainstream alternative.

Opportunity:

Integration of smart homes and IOT

The development of smart home systems and the larger Internet of Things (IoT) ecosystem is expected to be greatly aided by UWB technology. Because of its accurate ranging capabilities, homes can benefit from location-based services like asset tracking, smart lighting control, and occupancy detection down to the room level. Moreover, UWB enables smooth device connectivity, enhancing user experiences in smart environments. The increasing adoption of smart home technologies by consumers will improve functionality and personalization through the incorporation of UWB into these systems.

Threat:

Security and privacy issues

UWB technology creates serious privacy and security issues because it makes location tracking incredibly accurate. If not properly regulated, the ability to track people and assets with extreme precision could be abused or result in unauthorized surveillance. If consumers believe there is a risk to their privacy or that their movements could be tracked without permission, they might be reluctant to adopt UWB-enabled devices. 

Covid-19 Impact: 

The market for ultra-wideband (UWB) was greatly impacted by the COVID-19 pandemic. Lockdowns and limitations on manufacturing activities caused the pandemic to initially disrupt supply chains, impacting industries like consumer electronics, healthcare, and automotive. UWB component production and distribution experienced delays as well as higher costs as a result. However, the pandemic also brought about new prospects for UWB technology, specifically in applications related to social distancing and contact tracking. UWB is a useful tool for organizations that want to keep an eye on interactions and enforce safety regulations in public and workplace settings due to its high tracking accuracy.

The Impulse Radio segment is expected to be the largest during the forecast period

Due to its broad use in many applications, especially real-time location systems (RTLS) and communication technologies, the Impulse Radio segment has the largest market share in the ultra-wideband (UWB) market. In order to achieve high data rates and accurate distance measurements, Impulse Radio works by sending short-duration pulses over a broad frequency spectrum. In industries like healthcare, automotive, and consumer electronics, where precise location and dependable data transfer are essential, this capability is extremely beneficial. Moreover, impulse radio is becoming more and more popular due to the increasing need for UWB technology in applications such as secure access control and contactless payments.

The Sensors segment is expected to have the highest CAGR during the forecast period

The Ultra-wideband (UWB) market's highest CAGR is anticipated for the Sensors segment. The rise in demand for accurate and dependable location tracking across multiple industries, such as healthcare, automotive, and smart home technologies, is the reason for this expansion. Additionally, the integration of UWB sensors is anticipated to greatly improve operational efficiency and user experience as industries continue to embrace IoT solutions and smart infrastructure initiatives. Advanced sensor technologies that take advantage of UWB's capabilities are also required due to the growing popularity of contactless payments and secure access systems.

Region with largest share:

The market for ultra-wideband (UWB) technology is dominated by North America. The strong presence of cutting-edge technology companies and research institutions, particularly in the United States, is one of the factors contributing to this dominance. The region enjoys the advantages of a highly developed technological infrastructure and substantial investments in UWB applications in a range of industries, including consumer electronics, healthcare, and automotive. Furthermore, UWB adoption is further aided in North America by regulatory support as well as an increasing need for data transmission and precise location tracking.

Region with highest CAGR:

Due to the rapid advancement of technology and rising investments in smart city projects, the ultra-wideband (UWB) market is expected to grow at the highest CAGR in the Asia Pacific region. UWB technology is being widely adopted by nations like China, Japan, and South Korea in a variety of industries, including consumer electronics, automobiles, and industrial automation. These nations expanding middle classes are driving up demand for cutting-edge electronics with UWB capabilities like improved connectivity and exact location tracking. Moreover, the region is positioned as a key growth market due to its focus on incorporating UWB into applications like smart home technologies and car keyless entry systems.

Key players in the market

Some of the key players in Ultra-wideband market include Emerson Electric Co., Infineon Technologies, STMicroelectronics, Humatics Corporation, Intel Corporation, NXP Semiconductors, 3M Company, Honeywell International Inc., Qorvo, Inc., Samsung Electronics Co., Ltd., Texas Instruments Incorporated, Alereon Inc., Qualcomm Incorporated, Zebra Technologies Corporation and Robert Bosch GmbH.

Key Developments:

In April 2024, Semiconductor manufacturer STMicroelectronics (ST) has signed a 10-year power purchase agreement (PPA) with Centrica Energy. The agreement will see ST buy 61GWh of solar energy generated by a new solar farm in Italy. ST has two high-volume semiconductor manufacturing sites in Italy, one in Agrate and a second in Catania.

In January 2024, Infineon Technologies and GlobalFoundries (GF) have announced a new multi-year agreement on the supply of Infineon’s AURIX TC3x 40nm automotive microcontrollers as well as power management and connectivity solutions. 

In April 2023, Emerson and National Instruments announced that they have entered into a definitive agreement under which Emerson will acquire NI for $60 per share in cash at an equity value of $8.2 billion. Emerson already owns approximately 2.3 million shares of NI, representing approximately 2% of shares outstanding, which were acquired at a weighted average price of $36.84.

Types Covered:
• Impulse Radio
• Multi-band UWB 
 
Positioning Systems Covered:
• Indoor Positioning System
• Outdoor Positioning System 

Components Covered:
• Sensors
• Integrated Circuits
• Motherboard 

Applications Covered:
• Real-Time Location System (RTLS)/WNS
• Imaging
• Communication
• Ranging
• Wireless USB
• Authentication
• Other Applications 
 
End Users Covered:
• Residential
• Automotive & Transportation
• Manufacturing
• IT and Telecom
• Healthcare
• Consumer electronics
• Retail
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary           
            
2 Preface      
    
 2.1 Abstract          
 2.2 Stake Holders          
 2.3 Research Scope          
 2.4 Research Methodology          
  2.4.1 Data Mining         
  2.4.2 Data Analysis         
  2.4.3 Data Validation         
  2.4.4 Research Approach         
 2.5 Research Sources          
  2.5.1 Primary Research Sources         
  2.5.2 Secondary Research Sources         
  2.5.3 Assumptions         
            
3 Market Trend Analysis           
 3.1 Introduction          
 3.2 Drivers          
 3.3 Restraints          
 3.4 Opportunities          
 3.5 Threats          
 3.6 Application Analysis          
 3.7 End User Analysis          
 3.8 Emerging Markets          
 3.9 Impact of Covid-19          
            
4 Porters Five Force Analysis           
 4.1 Bargaining power of suppliers          
 4.2 Bargaining power of buyers          
 4.3 Threat of substitutes          
 4.4 Threat of new entrants          
 4.5 Competitive rivalry          
            
5 Global Ultra-wideband Market, By Type           
 5.1 Introduction          
 5.2 Impulse Radio          
 5.3 Multi-band UWB          
            
6 Global Ultra-wideband Market, By Positioning System           
 6.1 Introduction          
 6.2 Indoor Positioning System          
 6.3 Outdoor Positioning System          
            
7 Global Ultra-wideband Market, By Component           
 7.1 Introduction          
 7.2 Sensors          
 7.3 Integrated Circuits          
 7.4 Motherboard          
            
8 Global Ultra-wideband Market, By Application           
 8.1 Introduction          
 8.2 Real-Time Location System (RTLS)/WNS          
 8.3 Imaging          
 8.4 Communication          
 8.5 Ranging          
 8.6 Wireless USB          
 8.7 Authentication          
 8.8 Other Applications          
            
9 Global Ultra-wideband Market, By End User           
 9.1 Introduction          
 9.2 Residential          
 9.3 Automotive & Transportation          
 9.4 Manufacturing          
 9.5 IT and Telecom          
 9.6 Healthcare          
 9.7 Consumer electronics          
 9.8 Retail          
 9.9 Other End Users          
            
10 Global Ultra-wideband Market, By Geography           
 10.1 Introduction          
 10.2 North America          
  10.2.1 US         
  10.2.2 Canada         
  10.2.3 Mexico         
 10.3 Europe          
  10.3.1 Germany         
  10.3.2 UK         
  10.3.3 Italy         
  10.3.4 France         
  10.3.5 Spain         
  10.3.6 Rest of Europe         
 10.4 Asia Pacific          
  10.4.1 Japan         
  10.4.2 China         
  10.4.3 India         
  10.4.4 Australia         
  10.4.5 New Zealand         
  10.4.6 South Korea         
  10.4.7 Rest of Asia Pacific         
 10.5 South America          
  10.5.1 Argentina         
  10.5.2 Brazil         
  10.5.3 Chile         
  10.5.4 Rest of South America         
 10.6 Middle East & Africa          
  10.6.1 Saudi Arabia         
  10.6.2 UAE         
  10.6.3 Qatar         
  10.6.4 South Africa         
  10.6.5 Rest of Middle East & Africa         
            
11 Key Developments           
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures          
 11.2 Acquisitions & Mergers          
 11.3 New Product Launch          
 11.4 Expansions          
 11.5 Other Key Strategies          
            
12 Company Profiling           
 12.1 Emerson Electric Co.          
 12.2 Infineon Technologies          
 12.3 STMicroelectronics          
 12.4 Humatics Corporation          
 12.5 Intel Corporation          
 12.6 NXP Semiconductors          
 12.7 3M Company          
 12.8 Honeywell International Inc.          
 12.9 Qorvo, Inc.          
 12.10 Samsung Electronics Co., Ltd.          
 12.11 Texas Instruments Incorporated          
 12.12 Alereon Inc.          
 12.13 Qualcomm Incorporated          
 12.14 Zebra Technologies Corporation          
 12.15 Robert Bosch GmbH          
            
List of Tables            
1 Global Ultra-wideband Market Outlook, By Region (2022-2030) ($MN)           
2 Global Ultra-wideband Market Outlook, By Type (2022-2030) ($MN)           
3 Global Ultra-wideband Market Outlook, By Impulse Radio (2022-2030) ($MN)           
4 Global Ultra-wideband Market Outlook, By Multi-band UWB (2022-2030) ($MN)           
5 Global Ultra-wideband Market Outlook, By Positioning System (2022-2030) ($MN)           
6 Global Ultra-wideband Market Outlook, By Indoor Positioning System (2022-2030) ($MN)           
7 Global Ultra-wideband Market Outlook, By Outdoor Positioning System (2022-2030) ($MN)           
8 Global Ultra-wideband Market Outlook, By Component (2022-2030) ($MN)           
9 Global Ultra-wideband Market Outlook, By Sensors (2022-2030) ($MN)           
10 Global Ultra-wideband Market Outlook, By Integrated Circuits (2022-2030) ($MN)           
11 Global Ultra-wideband Market Outlook, By Motherboard (2022-2030) ($MN)           
12 Global Ultra-wideband Market Outlook, By Application (2022-2030) ($MN)           
13 Global Ultra-wideband Market Outlook, By Real-Time Location System (RTLS)/WNS (2022-2030) ($MN)           
14 Global Ultra-wideband Market Outlook, By Imaging (2022-2030) ($MN)           
15 Global Ultra-wideband Market Outlook, By Communication (2022-2030) ($MN)           
16 Global Ultra-wideband Market Outlook, By Ranging (2022-2030) ($MN)           
17 Global Ultra-wideband Market Outlook, By Wireless USB (2022-2030) ($MN)           
18 Global Ultra-wideband Market Outlook, By Authentication (2022-2030) ($MN)           
19 Global Ultra-wideband Market Outlook, By Other Applications (2022-2030) ($MN)           
20 Global Ultra-wideband Market Outlook, By End User (2022-2030) ($MN)           
21 Global Ultra-wideband Market Outlook, By Residential (2022-2030) ($MN)           
22 Global Ultra-wideband Market Outlook, By Automotive & Transportation (2022-2030) ($MN)           
23 Global Ultra-wideband Market Outlook, By Manufacturing (2022-2030) ($MN)           
24 Global Ultra-wideband Market Outlook, By IT and Telecom (2022-2030) ($MN)           
25 Global Ultra-wideband Market Outlook, By Healthcare (2022-2030) ($MN)           
26 Global Ultra-wideband Market Outlook, By Consumer electronics (2022-2030) ($MN)           
27 Global Ultra-wideband Market Outlook, By Retail (2022-2030) ($MN)           
28 Global Ultra-wideband Market Outlook, By Other End Users (2022-2030) ($MN)           
            
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.            

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

Frequently Asked Questions

In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

Request Customization

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials