A blog post written for a Czech company Sewio. Their main focus is the Ultra-wideband technology.
Join the Ultra-wideband (UWB) revolution: how Sewio’s best-in-class solution helps your business grow
1-minute takeaway:
- It is proven that only UWB produces sub-meter accuracy with 99%+ reliability in metallic industrial environments
- Currently valued at $3.9 billion, the Real-Time Location Systems (RTLS) industry, including UWB technology, is projected to reach an impressive $39 billion by 2030
- Sewio’s strategic approach is a low-complexity, cost-effective partner-based solution
- Sewio, providing its Ultra-Precise Positioning Solutions with the unique Ultra-wideband (UWB) location technology, will help your business become a future-proof enterprise
A short history of UWB solutions
The history of the UWB technology starts in 2007. Only two significant companies entered the market, which was relatively small and closed. In 2014, the market expanded – this is also when Sewio was founded. Another leap, in 2018 Apple introduced its breakthrough technology, resulting in a huge technological boom. Many more companies successfully entered a finally established, competitive industry. Since then, we have observed trends that are going to shape the future:
- wide commercial adoption
- chips production from millions to billions yearly
- lower production prices per chip
- chips are better, and more feature-rich
Key benefits of UWB technology
Ultra-wideband canopies have emerged as a pivotal and highly anticipated development within the industry. Much like how WiFi serves as the connectivity backbone, ultra-wideband canopies will become the essential infrastructure for tracking assets. Market reports underscore a substantial growth potential for Real-Time Location Systems (RTLS) and ultra-wideband technology in general.
We identify these benefits as crucial, giving your enterprises a competitive advantage:
- Precise Asset Tracking
Automotive companies can use UWB technology to precisely track the location of vehicles, tools, and equipment within their facilities. This enables efficient inventory management and reduces the risk of asset loss or theft. - Increased Safety
In manufacturing, UWB technology enhances safety by monitoring the movement of people and machinery. It can detect potential collisions or unsafe behaviors, allowing for timely interventions to prevent accidents. - Improved Production Efficiency
UWB technology provides real-time data on the location and status of manufacturing components, allowing companies to optimize production processes, reduce downtime, and enhance overall efficiency. - Enhanced Quality Control
In manufacturing, UWB can be used for tracking components and monitoring quality throughout the production line. This ensures that products meet quality standards and reduces defects. - Reduced Cable Clutter
In cabling, UWB technology can replace traditional wired connections, reducing cable clutter and maintenance costs. It simplifies the installation of networks and provides flexibility for reconfiguring layouts. - Increased Automation
UWB enables automation in manufacturing and automotive processes. It can be integrated into autonomous vehicles, robotic systems, and conveyors to optimize material handling and transportation. - Real-time Analytics
All three industries can benefit from real-time analytics made possible by UWB technology. It provides valuable data on asset utilization, production efficiency, and worker productivity, enabling data-driven decision-making. - Enhanced Security
UWB offers improved security by enabling precise access control and monitoring. It can restrict unauthorized access to sensitive areas within manufacturing plants or automotive facilities.
Future of Indoor Positioning Market
In the ever-promising indoor positioning market, Sewio emerges as a pivotal player.
Recognizing the growing need for real-time asset tracking, improved safety measures, and enhanced analytics, Sewio is set to meet these demands and play a central role in shaping the future of industries like automotive and manufacturing. By envisioning UWB as an essential infrastructure, Sewio’s commitment aligns with market forecasts, making it a significant contributor that empowers businesses across sectors and drives the widespread adoption of UWB technology.
Sewio offers a state-of-the-art, enterprise-focused solution
Sewio’s strategic approach can be described as a low-complexity, cost-effective partner-based solution.
This strategic positioning enables Sewio to meet the soaring demand for UWB integrators and solutions. With visionary leadership and robust market data support, Sewio addresses the significant demand for UWB technology.
We look positively into the market projections, with an estimated compound annual growth rate (CAGR) of 18% to 25% for the Real-Time Location Systems (RTLS) industry, which also encompasses UWB technology. Currently valued at $3.9 billion, this industry is forecasted to reach an impressive $39 billion by 2030.
Aligning with market forecasts, Sewio’s commitment to UWB technology and strategic initiatives makes it a significant contributor to the indoor positioning market. We empower businesses across industries and drive the widespread adoption of UWB technology.
