UWB Tags Market

UWB Tags Market: Introduction

• UWB tags adopt UWB two-way high-frequency wireless communication, combining with different outer case and appearance characteristics. They can adapt to various environmental conditions and make decisions accordingly.
• This technology and application enables detection of unexpected incidents, and also monitors real-time location of mobile staff/object. It is very suitable for use of personnel and object indoor positioning and other applications.
• UWB tags consume less power than conventional RF tags and can operate through a broad area of the radio spectrum.
• UWB tags are small active tags used in asset and personnel visibility applications
• They are general-purpose asset tags designed to provide uniform RF coverage for asset tracking
• UWB tags are also utilized in applications of vehicle tracking, asset tracking, social distancing monitoring, inventory tracking, vehicle safety, personnel safety, etc.
• Industrial, construction, and hospital sectors need the infrastructure to be able to locate multiple UWB tags for inventory and personnel analytics and management. This is estimated to drive the UWB tags market.

Rising Demand for UWB Tags in Automobile and Consumer Electronics Industries 

• Based on end-use industry, the market can be segmented into consumer electronics, automotive, logistics, industrial, manufacturing, healthcare, retail, and others.
• The automotive segment of the global UWB tags market is estimated to expand at a rapid pace during the forecast period due to a rise in usage of UWB tags for automobiles for radio reception and navigation purposes. This is expected to propel the demand for UWB tags in the automotive sector.
• UWB Tags also offer numerous benefits such as exceptional performance – performs in high multi-path environments; real-time location accuracy; low power consumption; and long battery life and long RF range
• The consumer electronics segment is estimated to expand at a rapid pace during the forecast period as UVW tags is a rapidly expanding technology, which in turn is estimated to enhance the consumer experience related to home entertainment products.
• Moreover, UWB tags can be employed in smart offices, for asset tracking, etc. It guarantees security and contributes to the development of life and businesses, which in turn boosts the UWB market.

Asia Pacific to Lead Global UWB Tags Market

• In terms of region, the global UWB tags market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
• Rapid expansion of the consumer electronics and automotive sectors in Asia Pacific and expansion of the process industry in developing countries in the region are expected to offer significant opportunities for the UWB tags market in Asia Pacific during the forecast period. Innovation in technologies are expected to further increase the demand for UWB tags.
• The UWB tags market in Asia Pacific is expected to expand at a high growth rate due to the presence of major players in the region and increased competition among them. The market in North America and Europe is likely to expand at a steady pace during the forecast period owing to reduced competition in the market in the region.

Key Players Operating in Global UWB Tags Market

Major players operating in global UWB tags market are focusing on technological advancements and expansions to cater to a rise in the demand for UWB tags. Moreover, manufacturers are undertaking mergers and acquisitions for the development of innovative and advanced technologies.

Key players operating in the global UWB tags market include:

• Sewio Networks
• Nanjing Woxu Wireless Co.,Ltd
• Zebra Technologies Corp.
• infsoft GmbH
• Redpoint Positioning Corp.

Global UWB Tags Market: Research Scope

Global UWB Tags Market, by Type

• Helmet type
• Object type
• Card type
• UWB LED Acoustic type
• Others (Waterproof type, Bangle type etc.)

Global UWB Tags Market, by Application

• Vehicle tracking
• Asset tracking
• Social distancing monitoring
• Inventory tracking
• Others (Vehicle safety, Personnel safety etc.)

Global UWB Tags Market, by End-use Industry

• Consumer Electronic
• Automotive
• Logistics
• Industrial
• Manufacturing
• Others (Healthcare, Retail etc.)

Global UWB Tags Market, by Region

• North America
  • U.S.
  • Canada
  • Rest of North America
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa