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Report on How AI is Driving Market Transformation 
The 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 due to various driving factors. Smart city initiatives by governments worldwide are leading the way in the adoption of Sub-Ghz modules for efficient and reliable communication between various devices. Advancements in semiconductor technology have resulted in smaller, more power-efficient modules, making them an attractive option for IoT applications. However, varying regulations regarding frequency use pose a challenge to market growth. Bluetooth v5 and Bluetooth v4.2 are popular wireless communication technologies used in Sub-Ghz modules, offering high data transfer rates and extended range. 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.
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.Sub-GHz transceivers are integral components in building automation and security systems, offering bidirectional data exchange capabilities over long distances with minimal power consumption. These modules are indispensable in various applications, such as Internet of Things (IoT) devices, smart metering, industrial automation, and remote sensing, where reliable two-way communication is imperative. The primary factors propelling the demand for Sub-GHz transceivers include their capability to manage data transmission and reception within a single module, their adaptability to function in demanding environments with extended range, and their energy efficiency, which is vital for battery-powered devices. The expansion of smart cities and industrial automation sectors is fueling the market's growth, as these transceivers support a multitude of intelligent applications.
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The Transceivers segment accounted for USD 273.90 million in 2018 and showed a gradual increase during the forecast period.
APAC is estimated to contribute 52% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market in the Asia-Pacific (APAC) region is experiencing significant growth due to the rapid technological advancements and substantial investments in smart technologies in this part of the world. Countries like China, Japan, and South Korea are leading the way in the market, with their advanced industrial bases and extensive use of Internet of Things (IoT) solutions. In China, the emphasis on smart cities and smart agriculture has led to a high demand for Sub-Ghz modules, which provide long-range, low-power communication necessary for these applications. Japan's focus on advanced robotics and automation is also driving the market, while South Korea's tech-savvy environment is accelerating the adoption of Sub-Ghz solutions in various industries. As per the latest market research reports, the APAC region is expected to dominate The market in the coming years.
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 the key driver of the market. Sub-Ghz modules have gained prominence in the global market due to their application in smart city initiatives. These modules facilitate advanced and dependable communication between various IoT devices and central systems. With the increasing focus on urban infrastructure development and enhancing the quality of life, governments worldwide are investing in smart city projects. For instance, the City of Barcelona has implemented an extensive smart city framework, integrating IoT devices for smart parking, waste management, and environmental monitoring, using Sub-Ghz modules to ensure efficient and energy-saving communication. Similarly, Singapore's Smart Nation initiative employs Sub-Ghz technology in its smart traffic management system, optimizing traffic flow and reducing congestion through sensors and communication modules.
Advancements in semiconductor technology is the upcoming trend in the market. The market is experiencing significant advancements due to innovations in semiconductor technology. These developments are improving module performance, reducing power consumption, and enabling miniaturization. One notable trend is the shift towards smaller process nodes, such as 7nm and 5nm, which enhance transistor density, efficiency, and power usage. Companies like Semtech are integrating these advanced semiconductor processes into their LoRa transceivers, resulting in modules with extended range and longer battery life. Furthermore, the adoption of specialized materials, such as gallium nitride (GaN), instead of traditional silicon is pushing the boundaries of high-frequency performance and power handling. Another crucial development is the integration of system-on-chip (SoC) designs, which consolidate multiple functions into a single chip, thereby reducing the size and cost of Sub-GHz modules.
Varying regulations regarding frequency use is a key challenge affecting the market growth. The market is subject to regulatory constraints that influence its expansion. These regulations impose limitations on frequency usage and complicate standardization efforts, thereby impacting the market's growth. In the US, for instance, the Federal Communications Commission (FCC) enforces stringent regulations on frequency bands to prevent interference between various communication systems. These regulations can restrict the operational flexibility of Sub-GHz modules. Similarly, in Europe, the European Telecommunications Standards Institute (ETSI) sets specific guidelines for frequency use, which vary across member states. These complexities in regulatory landscapes create challenges for manufacturers aiming to achieve compliance across multiple regions.
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 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 witnessing significant growth due to its widespread application in various industries, including industrial, military, commercial, marine, and building automation. These modules operate on the Sub-GHz frequency band, which offers longer range, lower power consumption, and better penetration capabilities compared to traditional Bluetooth technologies. The industry chain of Sub-GHz modules involves raw material suppliers, manufacturers, and downstream application industries. The manufacturing process of these modules is proprietary to each manufacturer, ensuring a competitive edge. Sub-GHz modules find extensive use in Smart Home applications, providing reliable connectivity for various devices, including thermostats, lighting systems, and security cameras.
In Building Automation, these modules are used for energy management, HVAC control, and access control systems. The military and industrial sectors utilize Sub-GHz modules for remote monitoring, asset tracking, and communication systems. Sub-GHz modules are available in various versions, including Bluetooth V5, Bluetooth V4.2, and Bluetooth V4.0. The choice of version depends on the specific application requirements, such as range, power consumption, and data transfer rate. The evaluation quadrant for Sub-GHz modules considers various factors, including performance, features, compatibility, and cost. The market for these modules is expected to grow significantly in the coming years, driven by the increasing demand for wireless connectivity and automation in various industries.
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Market Scope |
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Report Coverage |
Details |
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Page number |
219 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 9.11% |
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Market growth 2024-2028 |
USD 650.3 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
8.91 |
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Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 52% |
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Key countries |
China, US, Japan, South Korea, Germany, Taiwan, UK, India, France, and Italy |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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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. |
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Market dynamics |
Parent market analysis, market growth inducers and obstacles, market forecast, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, market condition analysis for the forecast period |
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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. |
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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
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Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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