Automotive Smart Antenna Market Segmented by Application and Geography Trends, Growth and Forecast to 2023
Summary
Automotive Smart Antenna Market Size, Growth, Analysis, Trends, Share by Frequency (Ultra-high, Very High, and High), Vehicle Type (Passenger Cars, Commercial Vehicles, Electric Vehicles), Sales Channel (OEM, OES, and IAM) and Region – Global Forecast till 2023
Automotive Smart Antenna Market Highlights
Approved technology and innovations enable antennas to integrate in one single unit for variety of services such as digital radio, Wi-Fi, Bluetooth, remote keyless entry, satellite, and GPS. Moreover, mobile communications, compensators, television, analogue radio reception, and independent vehicle heaters are some of the other major applications of smart antenna. The automotive smart antenna helps in reducing the complexity of vehicle electronics through combining the antenna, tuner, and transceiver in a single unit. Automotive smart antenna, due to its scalability, can be connected to a range of head unit variants and performs functions that were previously integrated in head unit.
Furthermore, automotive smart antenna is located under rear bumpers, spoiler, roof, and front under-glass. In the recent times, automotive smart antenna manufacturers are merging with automotive OEMs to perform extensive test program to meet customer requirements and stringent safety norms and standards.
The global Automotive Smart Antenna Market is expected to witness ~7.5% CAGR during the period, 2018 to 2023.
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The prominent players in the global Automotive Smart Antenna Market include Ficosa International, S.A.(Spain), Continental AG (Germany), Hirschmann Car Communication GmbH (Germany), West Corporation (US), Ace Technologies Corp. (Korea), Antenova M2M (UK), WORLD PRODUCTS INC.(US), KATHREIN SE (Germany), Laird (US), among others.
Market Research Analysis
In terms of region, the global market for the Automotive Smart Antenna is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia Pacific region is estimated to hold the largest market share during the forecast period owing to stringent safety norms and significant production of electric vehicles in countries such as India, China, and Japan. Moreover, rise in adoption of positioning and wireless technologies across new and exiting vehicles is expected to drive the global automotive smart antenna market in the next five years.
Production of light duty vehicles in North America and increase in installation of safety, communication, and intelligent features across light trucks to augment the growth of automotive smart antenna market in the region. Furthermore, significant sales of electric vehicles in European region is expected to drive the market in the region.
Scope of the Report
This study provides an overview of the global Automotive Smart Antenna Market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, and the Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Automotive Smart Antenna Market by solutions, system, vehicle type, propulsion, and region.
By Frequency
Ultra-high
Very High
High
By Sales Channel
Original Equipment Manufacturer
Original Equipment Supplier
Independent Aftermarket
By Vehicle Type
Passenger Cars
Commercial Vehicles
Battery Electric Vehicle
Hybrid Electric Vehicle
Plug-in Hybrid Vehicle
By Regions
North America
Asia-Pacific
Europe
Rest of the World
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