HOME Research Insight DecaWave Ltd. (Ireland) and 5D Robotics, Inc. (U.S.) are the Two Major players in the Ultra-Wideband (UWB) Market

DecaWave Ltd. (Ireland) and 5D Robotics, Inc. (U.S.) are the Two Major players in the Ultra-Wideband (UWB) Market

The ultra-wideband (UWB) market was estimated to be worth 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 technology for resource utilization and workflow optimization in several industries, increasing technological advancements in terms of position accuracy and range, along with rising market competitiveness are the major drivers for the growth of the UWB market.

The UWB market is expected to witness a high growth in real-time location system (RTLS) applications in different sectors such as manufacturing, and healthcare among others in the near future and become a mainstream technology for tracking and locating solution vendors. With an increase in awareness regarding the advantages of automatic asset tracking and management, the market for UWB-based RTLS solutions is expected to grow at a significant rate between 2016 and 2022, which is expected to boost the UWB market between 2016 and 2022.

The rising demand and adoption of precise and reliable RTLS in emerging markets have encouraged the UWB companies to adopt the strategy of new product launches and development. The market players are also focusing on partnerships, agreements, and collaborations to enter into new markets by launching technologically advanced and innovative RTLS solutions in both the existing and emerging markets. Companies such as Nanotron Technologies GmbH (Ireland) and BeSpoon SAS (France) have adopted new product launches, whereas DecaWave (Ireland) and 5D Robotics, Inc. (U.S.) have adopted partnerships and collaborations as their main strategy.

DecaWave Ltd. (Ireland) and 5D Robotics, Inc. (U.S.) are the two major players in the UWB market. DecaWave Ltd. has developed the DWM1000 chip, which is suitable to be used in a wide range of applications. DWM1000 chip is compliant with IEEE 802.15.4-2011 standards and facilitates 6.8 Mb/s data rate in wireless sensor networks (WSN). The new DWM1000 chip is available in a 6x6 mm 48-pin quad flat no-leads (QFN) package, which makes this chip suitable for a broad range of location tracking applications. According to the company, the new chip offers a precision of 10 cm in an indoor environment. Moreover, the DWM1000 chip offers data rate communications of up to 6.8 Mb/s in WSN. The company focuses heavily on research and development (R&D). The company has broadened the scope of its products across various applications such as safety healthcare, security, agriculture, and military to enhance value of their product portfolio.

In July 2016, 5D Robotics, Inc. acquired Time Domain, Inc. (U.S.). The company has collaborated with Time Domain since 2012. 5D Robotics, Inc. has used the PulsON chip of Time Domain, Inc. into precision autonomous navigation and positioning solutions for a wide variety of air and ground vehicles.

Pulse~LINK, Inc. (U.S.) has performed an extensive R&D on its CWave product portfolio. The company’s CWave product is a single-chip solution that offers extended home networks on coaxial cable without additional extra wiring. The company has invested a total of USD 100 million in R&D for its CWave technology. In 2013, the product was commercialized and has been witnessing significant popularity in North America and Europe. Apart from home networking, the company has also expanded its product portfolio for the automotive, aviation, military, and enterprise applications. The CWave chipset is expected to strengthen the position of Pulse~LINK, Inc. in the UWB market because of the rising demand of this chipset in home networking and triple play services.

Related Reports:

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

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