Chip Antenna Market Size, Share & Trends Analysis Report By Product Type (LTCC Chip Antenna, Dielectric Chip Antenna, Others), By Applications (WLAN/Wi-Fi, Bluetooth, Dual Band/Multi Band, GPS/GNSS), By End-User Industry (Consumer Electronics, Automotive, Healthcare, Industrial & Retail, Others) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2024-2032

Chip Antenna Market Size

The global chip antenna market size was valued at USD 1.83 billion in 2024 and is projected to reach from USD 2.10 billion in 2025 to USD 6.25 billion by 2033, growing at a CAGR of 14.6% during the forecast period (2025-2032).

Chip antennas are an integral part of modern wireless communication systems to support the minimization of the devices and proliferation of the Internet of Things. According to the report, by 2025, more than 41.6 billion connected devices will be found in the IoT arena, all requiring efficient antennas for communication. Chip antennas are found to be critical in guaranteeing connectivity in reliable small devices like smartphones, Bluetooth earbuds, and RFID systems, where space is the most challenging challenge.

Source: Straits Research Analysis

The graph illustrates the global market for consumer electronics from 2020 to 2024, measured in billions of US dollars. The data reveals a consistent upward trend in market size over this period, with a notable surge occurring between 2022 and 2023. This sharp increase indicates a significant rise in consumer demand for electronic products.

As the consumer electronics market expands, it drives the growth of the market. These antennas are increasingly being integrated into a variety of consumer electronics devices, particularly mobile devices, to enhance connectivity and performance. The growing reliance on advanced technology in everyday electronics underscores the critical role that chip antennas play in meeting consumer expectations and supporting innovation in the sector.

Chip Antenna Market Trends

Growth in 5G Deployment

The deployment of 5G networks globally is a key driver in the growth of the chip antenna market. 5G technology, with its faster data transmission speeds and higher frequency requirements, demands advanced antennas to ensure efficient device communication.

Chip antennas, such as Quectel's embedded 5G SMD antenna, are designed to meet these demands by covering a wide range of frequencies, including 5G NR Sub-6GHz, and legacy networks like 4G, 3G, and 2G. The ability to fine-tune the antenna for specific device environments using a PI matching circuit enhances its adaptability.

In combination with MIMO technology, these antennas improve wireless communication by using multiple antennas at both transmission and receiving points, further supporting the demands of 5G-enabled devices and networks.

Emergence of IoT Devices

The growing adoption of IoT devices is a significant trend driving the global market. As sectors like healthcare, automotive, and industrial automation increasingly rely on IoT solutions, the need for compact, high-efficiency antennas becomes critical. Chip antennas are ideal for these applications due to their small size and ability to provide reliable wireless connectivity.

IoT devices, including smart home systems, wearable technology, and connected vehicles, are pushing the demand for advanced antennas.

• For example, Taoglas' launch of its 9-in-1 combination antenna in 2022, featuring dual-band GNSS and 5G/4G capabilities, showcases innovations that cater to the expanding IoT ecosystem, offering enhanced connectivity solutions in increasingly compact form factors.

Chip Antenna Market Drivers

Rising Adoption of Smart Meters

The rising adoption of smart meters is a key driver for the global chip antenna market. As the push for energy efficiency and smart grid technologies intensifies, smart meters are being increasingly implemented to monitor and optimize energy consumption. These devices depend on wireless communication, requiring compact, efficient chip antennas to transmit real-time data to utility providers.

• For instance, Ignion's Virtual Antenna technology, including products like the RUN mXTEND and TRIO mXTEND, represents a new wave of miniature, off-the-shelf antennas that streamline the design process. These antennas are designed to replace traditional solutions, offering a faster and more efficient integration into smart meters, further fueling market growth.

Market Restraint

Performance Limitations in High-Frequency Bands

Performance limitations in high-frequency bands present a significant restraint for the global market. While these antennas are well-suited for compact devices, their effectiveness diminishes in high-frequency bands like millimeter-wave, which are increasingly used in 5G applications. At these higher frequencies, signals suffer from greater attenuation, resulting in reduced range and diminished signal quality.

This challenge forces manufacturers to balance improving antenna efficiency while maintaining the compact size and low power consumption required for modern devices. Overcoming these performance constraints is essential for expanding the use of these antennas in advanced communication technologies.

Market Opportunity

Expansion of IoT Applications in Sectors like Healthcare, Smart Cities, and Industrial Automation

The expansion of IoT applications in sectors such as healthcare, smart cities, and industrial automation presents significant opportunities for the global market. As IoT devices proliferate across these industries, the need for reliable and compact antennas to support seamless wireless communication grows. For example, wearable devices that monitor patient vitals in healthcare rely on-chip antennas for continuous data transmission.

Similarly, smart cities use IoT-enabled infrastructure like smart lighting and waste management systems that depend on efficient wireless connectivity, further boosting demand for chip antennas. In industrial automation, chip antennas play a crucial role in connecting sensors, machinery, and monitoring systems.

An example of this expansion is the rollout of smart streetlights in cities like Barcelona, where embedded chip antennas facilitate real-time monitoring and adjustment, enhancing energy efficiency. These growing IoT applications offer immense opportunities for innovation and adoption of advanced chip antennas.

Regional Insights

North America: Dominant Region with 38.7% Market Share 

The North American region dominates the chip antenna market, driven by the widespread adoption of advanced wireless communication technologies, significant investment in research and development, and a rapidly expanding IoT ecosystem. This region, led by major players in consumer electronics and the automotive industry, is seeing increasing demand for chip antennas not only in smartphones and wearables but also in connected vehicles.

Moreover, the surge in 5G infrastructure investments in the U.S. and Canada has accelerated the adoption of 5G-enabled devices and applications. Chip antennas, optimized for the 5G frequency spectrum, play a crucial role in enabling high-speed wireless connectivity across a variety of devices. With 176 million 5G connections by the end of Q3 2023—a 14% increase from Q2 2023—North America leads in the global market, reflecting strong growth in connected technologies.

Asia Pacific: Fastest Growing Region with the Highest Market CAGR

Asia Pacific is projected to have the highest CAGR in the chip antenna market during the forecast period, driven by rapid growth in the consumer electronics and automotive sectors, particularly in countries like China, Japan, and South Korea. South Korea, for instance, leads globally in IoT adoption, with more internet-connected devices per capita than any other nation, according to the OECD.

India’s Smart City initiative, which aims to develop 100 smart cities, is also expected to generate significant demand for IoT devices, further fueling the market. This growth is bolstered by the region's commitment to innovation in consumer electronics and the automotive industry, which are increasingly incorporating wireless communication technologies that rely on-chip antennas. 

Countrywise Insights

The chip antenna market is experiencing significant growth, driven by the demand for compact, efficient, and cost-effective solutions in various applications, including wireless communication and IoT devices. Below are insights from several key countries that illustrate the diverse advancements in this industry.

• United States:The U.S. market is leading in chip antennas, which is driven by innovation in wireless technology and a strong consumer electronics sector, where companies like Apple and Qualcomm drive innovations through the miniaturization of antennas and advancements in the performance of devices such as smartphones and wearables.
• China:China is rapidly increasing its capabilities in chip antenna technology with huge investments in research and development. The government has been encouraging innovation under its "Made in China 2025" initiative, which focuses on the field of telecommunications and electronic components. Chinese manufacturers are focusing on manufacturing chip antennas with a focus on high quality, which are being used extensively in the development of 5G and IoT devices and are expanding their global market share.
• Japan:Japan is recognized for its advanced technology and high-quality manufacturing in this sector. Japanese companies, such as Murata Manufacturing, are leading the way in developing compact and efficient antennas for mobile devices and automotive applications. The country's provision for focus on R&D and liaison with technology firms presents a living innovation environment for chip antennas.
• South Korea:South Korea’s electronics industry, with major players like Samsung and LG, is increasingly integrating chip antennas into their products. The focus is on developing antennas that support the latest communication technologies, such as 5G. In 2023, South Korea saw a significant rise in demand for chip antennas, especially for use in smart home devices and autonomous vehicles.
• India:India’s chip antenna market is expanding due to the growth of the telecommunications and consumer electronics sectors. Growth in the adoption of smartphones and IoT devices is fuelling growing demand for efficient chip antennas. Growth in infrastructure development and government initiatives towards digitalization also give a fillip to local production capacities.
• Germany:Germany is a pioneer in chip antenna engineering and technology in the market. The demand for high-performance antennas to support connectivity and next-generation intelligent transport systems from the German automotive industry is anticipated to remain high and drive growth. Other industrial applications that miniaturized antennas would find use in would position a German firm as a major player in the European market.
• Taiwan:Taiwan is also said to be a front runner in semiconductors, and their fabrication and skills acquired find application in chip antennas. Taiwanese firms are using their capacity for innovation in terms of the design of antennas, especially related to IoT and other forms of wireless communication. Moreover, supply chains and the manufacturing ecosystem have been described as some of the strong points that the country boasts of in its operations.
• Canada:Canada is witnessing growth in the chip antenna market, particularly in the field of IoT and smart cities. Canadian firms are investing in the development of chip antennas that cater to specific industry needs, such as agricultural technology and healthcare, promoting advancements in wireless connectivity.

Segmentation Analysis

By Product Type

The global market is segmented into LTCC chip antenna and dielectric chip antenna. The LTCC (Low-Temperature Co-fired Ceramic) chip antenna segment dominates the market due to its compact size, high performance, and capability to operate at higher frequencies. These antennas are widely used in high-frequency applications such as wireless LAN, Bluetooth, and GPS, where space-saving designs and reliable performance are srucial. LTCC technology allows for the integration of multiple components into a single module, which enhances device efficiency and reduces production costs.

Additionally, LTCC chip antennas offer excellent thermal stability and durability, making them ideal for demanding environments. This has led to their widespread adoption in sectors such as automotive, healthcare, and consumer electronics, where reliability and performance are essential. 

By Application

The global market is segmented into WLAN/Wi-Fi, Bluetooth, dual-band/multi-band, and GPS/GNSS. Chip antennas for Bluetooth applications are designed to operate within the ISM frequency band at 2.4 GHz, which is specifically allocated for Bluetooth communication. These antennas are essential for ensuring reliable connections between devices such as smartphones, tablets, headphones, speakers, smartwatches, and various IoT devices.

Moreover, they enable data transfer, audio streaming, and device pairing within a short range, making them vital for seamless wireless interactions. One of the key advantages of Bluetooth chip antennas is their compact size and low power consumption, making them ideal for integration into portable electronics where space and energy efficiency are critical. 

By End-User industry

The global market is segmented into consumer electronics, automotive, healthcare, industrial & retail, and others. The consumer electronics segment holds the dominant share in the market, primarily driven by the high demand for smartphones, tablets, and wearable technology. The ongoing trend toward miniaturization of electronics, coupled with the growing need for efficient, compact antennas to enable seamless wireless connectivity, is a key factor behind the rising adoption of chip antennas in this sector.

Moreover, the integration of advanced features such as 5G connectivity, Wi-Fi 6, and Bluetooth in consumer devices further boosts demand for high-performance antennas that can support multiple frequency bands while maintaining a small form factor. 

Company Market Share

Key players in the chip antenna market include companies such as Murata Manufacturing Co., Ltd., Taoglas, Antenova Ltd., and Laird Connectivity. These companies are actively enhancing their market presence through strategic partnerships, acquisitions, and continuous innovation.

By expanding their product offerings and incorporating advanced technologies, they aim to meet the growing demand for high-performance chip antennas across various industries.

Antenova Ltd.: An emerging Player in the Chip Antenna Market

Antenova Ltd. is an emerging player in the market. The company is known for its innovative designs and focus on providing high-performance antenna solutions for a range of applications, including IoT, automotive, and wireless communication. The company emphasizes the development of compact antennas that integrate seamlessly into modern electronic devices.

Recent developments by Antenova include:

• In February 2024, Antenova Ltd. and 2J Antennas formed a strategic partnership following their acquisition by DiscoverIE Group PLC. Under the leadership of newly appointed CEO Keith Cornell, this alliance aims to enhance innovation and expand global market reach for high-performance antenna solutions.

Recent Developments:

• April 2024 - Apple supplier Qorvo outsourced the production of wireless chips for the iPhone 16's antenna modules to United Microelectronics Corporation (UMC). This partnership comes as part of an order where UMC will leverage its advanced 3D integrated circuit (3DIC) technology. The new chips, designed for enhanced performance, are crucial for the upcoming iPhone series and will be manufactured in large quantities.

Analyst Opinion

As per our analyst, the chip antenna market is poised for significant growth with increasing developments in wireless communication technologies. The rising demand for miniaturized and high-performance antennas, particularly in the automotive and IoT sectors, is fueling this expansion. Manufacturers are compelled to innovate continuously to meet these evolving needs, leading to notable increases in market activity.

However, the industry faces challenges that could hinder sustained growth. Material costs and supply chain constraints present significant obstacles, potentially impacting production efficiency and pricing strategies. Addressing these issues will be crucial for manufacturers aiming to capitalize on the market's promising trajectory.