According to the new market research report "Ultra-Wideband (UWB) Market
by End-User (Healthcare, Automotive and Transportation, Manufacturing,
Residential Retail), Application (RTLS/WSN, Imaging), and Geography
(North America, Europe, Asia-Pacific, Rest of the World) - Global
Forecast to 2022", is expected to grow from USD 62.9 Million
in 2016 to reach USD 85.4 Million by 2022, at a CAGR of 5.2% between
2016 and 2022.
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Browse 58 market data tables and 54 figures spread through 136 pages and in-depth TOC on “Ultra-Wideband (UWB) Market"
“RTLS/WSN market segment expected to grow at the highest rate between 2016 and 2022”
Ultra-wideband (UWB) is one the fastest-growing
technologies with a huge market growth potential because of to its
accuracy in tracking assets. UWB-based real-time location system (RTLS)
solutions refer to systems, which operate in a large bandwidth spectrum,
generally greater than 500 MHz, and are characterized by high accuracy.
Similar to wireless fidelity (Wi-Fi), a UWB system could also operate
in signal strength or time of arrival modes. The major advantage of the
UWB-based RTLS solutions is their advantage of sustaining a good
performance in walled environments.
“Healthcare segment on the basis of end user is expected to dominate the UWB market between 2016 and 2022”
The healthcare industry has been the major end-user
of UWB-based RTLS solutions, and this is expected to continue between
2016 and 2022. The UWB technology has witnessed high penetration in RTLS
solutions, that track and monitor hospital assets, patients, healthcare
professionals, and hygiene inside the hospitals. Hospital operations
have a continuous flow (in- and out-flow) of people and equipment as a
part of the workflow process. These factors have led to huge
opportunities for UWB-based RTLS solutions to track and monitor assets
and people to increase the efficient workflow and enhanced patient
throughput.
Deploying RTLS solution through UWB technology
provides significant benefits to healthcare facilities, as UWB is a
power efficient technology and provides superior battery life for remote
wireless devices. The RTLS system makes use of the active tags and
receives or transmits the data within the range depending on the
specification of the RTLS technology.
“Key players in the UWB market see Asia-Pacific as a lucrative region between 2016 and 2022”
The Asia-Pacific (APAC) region includes some of the
fastest-growing economies in the world, such as China and India. This
region also includes some technologically advanced countries, such as
Japan, Singapore, South Korea, and Australia. The rapid growth of the
healthcare sector in China, Japan, and South Korea, along with the
growth of the process industries in developing countries of this region,
is expected to offer significant growth opportunities to the UWB market
between 2016 and 2022. Moreover, the retail and automotive and
transportation industries have contributed majorly to the growth of the
UWB-based RTLS solution in the APAC region.
The major players in the UWB market include DecaWave
Ltd. (Ireland), 5D Robotics Inc. (U.S.), Pulse ~LINK, Inc. (U.S.),
Alereon, Inc. (U.S.), BeSpoon SAS (France), Fractus Antennas S.L.
(Spain), Johanson Technology, Inc. (U.S.), and Nanotron Technologies
GmbH (Germany).
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Mr. Shelly Singh
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1-888-600-6441
Mr. Shelly Singh
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
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