DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Ultra-Wideband (UWB) Market - Global Forecast to 2022" report to their offering.
The ultra-wideband (UWB) market was valued at USD 62.9 Million in 2016 and is expected to reach USD 85.4 Million by 2022, at a CAGR of 5.2% between 2016 and 2022. The growing adoption of UWB-based real-time location system (RTLS) solution for resource utilization and workflow optimization in manufacturing industries, increasing technological advancements in terms of precision and range, and rising market competitiveness are the major drivers for the UWB market.
UWB technology is expected to witness a significant penetration in indoor positioning system applications in smart homes and retail stores between 2016 and 2022, to become a mainstream technology for tracking and location-based services. With an increase in awareness regarding the advantages of automatic asset tracking and management, the market for UWB-based RTLS/wireless sensor network (WSN) technology is projected to grow at an above average rate between 2016 and 2022.
North America held the largest share of the UWB market in 2015 owing to the extensive presence of major UWB players in this region. Moreover, the presence and early adoption of UWB technology in various industries such as healthcare, retail, and manufacturing in North America has contributed to the market dominance of this region.
Companies Mentioned:
- 5D Robotics Inc.
- Alereon, Inc.
- Bespoon Sas.
- Decawave Ltd.
- Fractus Antennas S.L
- Johanson Technology, Inc.
- Nanotron Technologies Gmbh
- Pulse-Link, Inc.
- Samsung Electronics Co., Ltd.
- Taiyo Yuden Co., Ltd.
-
Zebra Technologies Corporation
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 UWB Market, By Application
7 UWB Market By End-User
8 UWB Market, By Geography
9 Competitive Landscape
10 Company Profiles
11 Appendix
For more information about this report visit http://www.researchandmarkets.com/research/z47j6r/ultrawideband
