The Europe Ultra Wideband Market would witness market growth of 17.8% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Ultra Wideband Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $304.8 million by 2031. The UK market is exhibiting a CAGR of 16.7% during 2024-2031. Additionally, the France market would experience a CAGR of 18.8% during 2024-2031.
UWB is increasingly integrated into smartphones, smartwatches, and other connected devices in consumer electronics. Apple’s inclusion of UWB in its iPhones for features like AirTag tracking has set a precedent for other manufacturers to follow. UWB enables seamless and secure device-to-device communication, facilitating functions like device localization, secure file transfer, and enhanced augmented reality (AR) experiences.
Moreover, the automotive sector is another area where UWB is making significant inroads. UWB is used in keyless entry systems, enabling precise detection of the proximity of the car key, which enhances security.
As Italy’s automobile production increases, there is a growing demand for advanced technologies like UWB for automotive applications. UWB can be used for precise positioning, keyless entry systems, and in-car communication, enhancing vehicle safety and convenience. According to the International Trade Administration (ITA), the automotive sector is one of Italy’s main industries. In 2022, the automotive sector’s turnover was €92.7 billion, 9.3% of Italy’s manufacturing turnover and 5.2% of Italy’s GDP. In 2022, 782,629 vehicles were produced in Italy. 1,335,487 new cars were registered in 2022.
The Germany market dominated the Europe Ultra Wideband Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $304.8 million by 2031. The UK market is exhibiting a CAGR of 16.7% during 2024-2031. Additionally, the France market would experience a CAGR of 18.8% during 2024-2031.
UWB is increasingly integrated into smartphones, smartwatches, and other connected devices in consumer electronics. Apple’s inclusion of UWB in its iPhones for features like AirTag tracking has set a precedent for other manufacturers to follow. UWB enables seamless and secure device-to-device communication, facilitating functions like device localization, secure file transfer, and enhanced augmented reality (AR) experiences.
Moreover, the automotive sector is another area where UWB is making significant inroads. UWB is used in keyless entry systems, enabling precise detection of the proximity of the car key, which enhances security.
As Italy’s automobile production increases, there is a growing demand for advanced technologies like UWB for automotive applications. UWB can be used for precise positioning, keyless entry systems, and in-car communication, enhancing vehicle safety and convenience. According to the International Trade Administration (ITA), the automotive sector is one of Italy’s main industries. In 2022, the automotive sector’s turnover was €92.7 billion, 9.3% of Italy’s manufacturing turnover and 5.2% of Italy’s GDP. In 2022, 782,629 vehicles were produced in Italy. 1,335,487 new cars were registered in 2022.
List of Key Companies Profiled
- Qorvo, Inc.
- NXP Semiconductors N.V.
- Texas Instruments, Inc.
- Apple, Inc.
- Samsung Electronics Co. Ltd
- Johanson Technology, Inc.
- Sony Corporation
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- STMicroelectronics N.V.
- Intel Corporation
Market Report Segmentation
By Positioning System
- Indoor
- Outdoor
By Application
- Real-time Location System (RTLS)
- Imaging
- Communication
By End Use
- Consumer Electronics
- Automotive & Transportation
- Manufacturing
- Residential
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Europe Ultra Wideband Market by Positioning System
Chapter 6. Europe Ultra Wideband Market by Application
Chapter 7. Europe Ultra Wideband Market by End Use
Chapter 8. Europe Ultra Wideband Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Qorvo, Inc.
- NXP Semiconductors N.V.
- Texas Instruments, Inc.
- Apple, Inc.
- Samsung Electronics Co. Ltd
- Johanson Technology, Inc.
- Sony Corporation
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- STMicroelectronics N.V.
- Intel Corporation
Methodology
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