The global chip antenna market size was US$ 1.19 billion in 2021. The global chip antenna market is forecast to grow to US$ 2.8 billion by 2030, registering a compound annual growth rate (CAGR) of 9.1% during the forecast period from 2022 to 2030.

A chip antenna is a small antenna that is used to broadcast and receive radio frequency signals in a variety of wireless applications, including dual-band and multiband, Bluetooth low energy, GPS/GPS, and Wi-Fi/WLAN.

Factors Influencing the Market

Consumer electronics are in high demand, which is driving the growth of the global chip antenna market. The global chip antenna market is predicted to rise due to the increased adoption of technologies such as the Internet of Things (IoT), linked vehicles, automation, and smart grids.

Consumer electronics miniaturization is a necessary trend driving the growth of the chip antenna market.

The growing desire for tiny antennas working at many frequency ranges and minimizing space in devices such as smartphones, wearables, and other gadgets will prompt the growth of the chip antenna market.

The growing popularity of Bluetooth technology is expected to surge the demand for consumer electronic products like headsets, smartphones, wearables, and game consoles. Thus, the chip antenna market will expand due to these factors.

COVID-19 Impact Analysis

The demand for consumer electronics declined drastically. As a result, it hampered the growth of the global chip antenna market. Moreover, the manufacturing activities were also halted due to the COVID-19 pandemic. Thus, the demand for chip antennas was also reduced. Furthermore, research and development activities were also postponed due to this national emergency, which was a significant downfall for the global chip antenna market.

Regional Analysis

Asia-Pacific holds the largest share in the global chip antenna market. North America and Europe are forecast to hold the second and third largest share in the global market. Emerging economies, such as India, China, South Korea, and Indonesia, are likely to enhance the domestic market growth. In addition, the consumer electronics industry's growth and the rise in automation adoption would boost the region's market size in the global market in the near future.

Competitors in the Market

Vishay Intertechnology, Inc.
Yageo Corporation
Johanson Technology, Inc.
Fractus S.A.
Antenova Ltd.
Partron Co., Ltd.
Inpaq Technology Co., Ltd.
Mitsubishi Materials Corporation
Taoglas Limited
Fractus Antennas S.L
Other Prominent Players
Market Segmentation

The global chip antenna market segmentation focuses on Product, Application, End-Use, and Region.

Global Chip Antenna Market, by Product

LTCC Chip Antenna
Dielectric Chip Antenna
Global Chip Antenna Market, by Application
WLAN/Wi-Fi
Bluetooth/BLE
Dual Band/Multi-Band
GPS/GNSS
Global Chip Antenna Market, by End-Use

Automotive
Healthcare
Industrial & Retail
Smart Grid/Smart Home
Consumer Electronics
Others
Based on Region

North America

The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America