Enjoy complimentary customisation on priority with our Enterprise License!
Report on How AI is Driving Market TransformationThe sub-ghz module market size is forecast to increase by USD 650.3 million, at a CAGR of 9.11% between 2023 and 2028. The market is experiencing significant growth, driven by various factors. One key trend is the increasing number of smart city initiatives by governments worldwide, which require reliable and efficient wireless communication systems. Advanced semiconductor technology is another growth factor, enabling the development of smaller, more powerful, and cost-effective Sub-Ghz modules. Additionally, varying regulations regarding frequency use are pushing companies to innovate and adapt to different market requirements. These factors, among others, are expected to fuel the growth of the market in the coming years. The market is also witnessing the emergence of new applications in sectors such as industrial automation, healthcare, and agriculture, further expanding its scope and potential. Overall, the market is poised for robust growth, driven by technological advancements, regulatory trends, and increasing demand from various industries.
The market encompasses the production, sales, and revenue of Sub-GHz modules. These modules operate below the 1 GHz frequency band and find extensive applications in various industries, including Industrial, Military, Commercial, Marine, and others. The Sub-GHz Module industry is witnessing significant growth due to the increasing demand for low-power wireless communication systems. Sub-GHz modules are used in downstream applications such as home automation, industrial automation, asset tracking, and telemetry. The Industry chain of Sub-GHz Modules includes raw materials suppliers, manufacturers, distributors, and end-users. The manufacturing process of Sub-GHz modules involves the use of various technologies like Z-Wave, Wi-SUN, and proprietary technologies. Bluetooth v5, Bluetooth v4.2, and Bluetooth v4.0 are also used in wireless communication systems, but they operate at different frequency bands. Sub-GHz modules offer longer range, lower power consumption, and better penetration capabilities compared to Bluetooth modules. The market is expected to grow at a steady pace due to the increasing demand for wireless communication systems in various industries.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million " for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
The transceivers segment is estimated to witness significant growth during the forecast period. The market encompasses industrial, military, commercial, marine, and various downstream applications. This industry chain involves the utilization of raw materials and manufacturing processes to produce Sub-Ghz modules based on Bluetooth v5, Bluetooth v4.2, and Bluetooth v4.0 technologies. Proprietary Sub-Ghz modules find extensive use in sectors such as Smart Home, Building Automation, Security, and Industrial Automation.
Get a glance at the market share of various regions Download the PDF Sample
The transceivers segment was the largest and was valued at USD 273.90 million in 2018. In the industrial sector, these modules are employed for real-time monitoring and control in manufacturing processes. Military applications include secure communication systems, while commercial uses range from asset tracking to point-of-sale systems. Marine applications involve vessel tracking and monitoring, and Sub-Ghz modules are also used in Bluetooth-enabled marine communication systems.
For more insights on the market share of various regions Download PDF Sample now!
APAC is estimated to contribute 52% to the growth of the global market during the forecast period. Technavio's analysts have explained the regional trends and drivers that shape the market during the forecast period. The market encompasses various industries, including Industrial, Military, Commercial, Marine, and others. These modules are utilized in downstream applications such as Bluetooth v5, Bluetooth v4.2, and Bluetooth v4.0, among others. The industry chain for Sub-Ghz Modules involves raw material suppliers, manufacturers, and end-users. The manufacturing process is often proprietary to ensure optimal performance and security. In the Industrial sector, Sub-Ghz Modules are used in Building Automation and Industrial Automation for efficient energy management and real-time monitoring. In the Commercial sector, they are employed in Smart Home applications for seamless connectivity and remote control. The Military and Marine industries leverage these modules for secure and reliable communication systems. The market's Evaluation Quadrant includes various factors such as market drivers, challenges, opportunities, and trends. These factors influence the market's growth and development. The market's future prospects are promising, with increasing demand for wireless communication solutions in various industries.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Smart city initiatives by governments is notably driving market growth. The market is witnessing significant growth due to the increasing adoption of these modules in various industries, including Industrial, Military, Commercial, Marine, and Smart Home applications. The demand for Sub-Ghz modules is being driven by the need for advanced, reliable communication technologies in various downstream applications such as Building Automation, Security, and Industrial Automation. Smart city initiatives are particularly influential in propelling the market forward, with governments worldwide investing in smart city projects to enhance urban infrastructure and improve quality of life.
For instance, the City of Barcelona and Singapore's Smart Nation initiative have implemented extensive smart city frameworks using Sub-Ghz modules to ensure robust and energy-efficient communication between sensors and central systems. The industry chain for Sub-Ghz modules involves raw materials sourcing, manufacturing process, and proprietary technologies. Bluetooth v5, Bluetooth v4.2, and Bluetooth v4.0 are some of the popular wireless communication technologies used in Sub-Ghz modules. The market is expected to continue its growth trajectory due to the increasing demand for wireless communication technologies in various industries. Thus, such factors are driving the growth of the market during the forecast period.
Advancements in semiconductor technology is the key trend in the market. The market is experiencing significant advancements, primarily driven by innovations in semiconductor technology. Transitioning to smaller process nodes, such as 7nm and 5nm, enables higher transistor density, improved efficiency, and lower power consumption. For example, Semtech's LoRa transceivers have integrated these advanced semiconductor processes, leading to modules with extended range and longer battery life. Furthermore, the adoption of specialized materials like gallium nitride (GaN) instead of traditional silicon is pushing the boundaries of high-frequency performance and power handling. Additionally, system-on-chip (SoC) designs, which integrate multiple functions into a single chip, are reducing the size and cost of Sub-GHz modules.
These advancements are impacting various downstream applications, including Industrial, Military, Commercial, Marine, Bluetooth v5, Bluetooth v4.2, and Bluetooth v4.0, as well as Smart Home, Building Automation, and Security systems in Industrial Automation. The industry chain is benefiting from these developments, with raw materials suppliers and manufacturing processes adapting to meet the demands of the evolving market. Proprietary technologies are also emerging, offering unique features and performance enhancements. Thus, such trends will shape the growth of the market during the forecast period.
Varying regulations regarding frequency use is the major challenge that affects the growth of the market. The market is driven by various downstream applications in Industrial, Military, Commercial, Marine, and Smart Home sectors. The Industry chain for Sub-GHz modules involves raw material suppliers, manufacturers, and end-users. The manufacturing process of Sub-GHz modules includes proprietary technologies and stringent quality control measures to ensure optimal performance. Regulatory constraints significantly impact the growth of the market. Different countries have distinct regulations governing the allocation and use of sub-1 GHz frequency bands, which can restrict the deployment and interoperability of Sub-GHz modules. For instance, the Federal Communications Commission (FCC) in the United States enforces strict regulations on frequency bands to prevent interference between various communication systems, limiting the operational flexibility of Sub-GHz modules. Similarly, the European Telecommunications Standards Institute (ETSI) sets specific guidelines for frequency use, which vary across member states, complicating the market landscape for manufacturers aiming to achieve compliance across multiple regions.
Bluetooth v5, Bluetooth v4.2, and Bluetooth v4.0 are widely used wireless communication technologies in the market. These technologies offer advantages such as longer range, lower power consumption, and higher data transfer rates compared to traditional Bluetooth technologies. Sub-GHz modules are extensively used in Building Automation, Security, and Industrial Automation applications due to their long-range capabilities and low power consumption. In conclusion, the market is witnessing significant growth due to its applications in various industries. However, regulatory constraints pose a challenge to the market growth by imposing limitations on frequency usage and complicating standardization efforts. Manufacturers must navigate these regulatory complexities to ensure compliance and expand their market reach. Hence, the above factors will impede the growth of the market during the forecast period
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Adolf Wurth GmbH and Co. KG - The company offers Sub-GHz module such as Sub-GHz FlexDipole Antenna, which supports 863 MHz to 928 MHz frequency range.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market is a dynamic and evolving industry that caters to various sectors including Industrial, Military, Commercial, Marine, and others. These modules operate below the 1 GHz frequency band and are widely used in applications such as Bluetooth v5, Bluetooth v4.2, and Bluetooth v4.0. The market is segmented based on Downstream Application, Industry Chain, Raw Materials, and Manufacturing Process. Downstream applications include Smart Home, Building Automation, Security, and Industrial Automation, among others. The Industry Chain consists of raw material suppliers, manufacturers, distributors, and end-users. Sub-Ghz modules are used in various industries due to their long-range, low-power consumption, and high-security features. In the Industrial sector, these modules are used for remote monitoring and control systems in manufacturing processes. In the Military sector, they are used for secure communication systems. In the Commercial sector, they are used for asset tracking and monitoring in warehouses and logistics. In the Marine sector, they are used for vessel tracking and communication systems.
In addition, the market is driven by the increasing demand for wireless communication systems and the need for long-range, low-power consumption solutions. The market is also driven by the growing adoption of IoT and automation technologies in various industries. Proprietary technologies and manufacturing processes play a crucial role in the market. Companies are investing heavily in R&D to develop advanced technologies and manufacturing processes to gain a competitive edge in the market. In conclusion, the market is a growing industry that caters to various sectors and applications. With the increasing demand for wireless communication systems and the need for long-range, low-power consumption solutions, the market is expected to grow significantly in the coming years.
Market Scope |
|
Report Coverage |
Details |
Page number |
219 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 9.11% |
Market Growth 2024-2028 |
USD 650.3 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
8.91 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 52% |
Key countries |
China, US, Japan, South Korea, Germany, Taiwan, UK, India, France, and Italy |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Adolf Wurth GmbH and Co. KG, Advantech Co. Ltd., Analog Devices Inc., Digi International Inc., EMBIT S.R.L., Ezurio, HOPE Microelectronics Co. Ltd., Microchip Technology Inc., Murata Manufacturing Co. Ltd., Nordic Semiconductor ASA, NXP Semiconductors NV, Quectel Wireless Solutions Co. Ltd., Radiocrafts AS, Renesas Electronics Corp., Semtech Corp., Silicon Laboratories Inc., STMicroelectronics International N.V., Telit Cinterion, Texas Instruments Inc., and Zyxel Communications Corp. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for market forecast period |
Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Technavio Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by Application
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
With the growing adoption of AI across industries, Technavio has analyzed its impact on the sub-GHz module market, which is driven by the increasing demand for low-power, long-range wireless communication solutions. Sub-GHz modules are crucial for various applications, including smart metering, industrial automation, and IoT devices. This analysis delves into AI's impact on the sub-GHz module market, backed by data and real-world examples.
These insights, available exclusively through Technavio, provide an unparalleled significant impact of AI on the sub-GHz module market, backed by real-world examples and data.
The report provides details of AI's impact on various segment
Learn more about how AI is transforming sub-GHz module market - Buy Full Report Now
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.