Automotive Smart Antenna Market Size Set to Achieve USD 8.5 Billion by 2034, Supported by an 8.1% CAGR | Transparency Market Research Inc.
The shift to 5G connectivity is significantly boosting the automotive smart antenna market, driven by the growing demand for autonomous vehicles.
Wilmington, Delaware, United States, Transparency Market Research, Inc. , Oct. 14, 2024 (GLOBE NEWSWIRE) — The global automotive smart antenna market (mercato delle antenne intelligenti per autoveicoli) stood at US$ 3.6 billion in 2023, and the global market is projected to reach US$ 8.5 billion in 2034. The global automotive smart antenna market is anticipated to expand at a
Global Automotive Smart Antenna Market: Regional Landscape
- Europe dominated the smart car antenna technology market and is expected to maintain its lead during the forecast period. This supremacy is largely due to Germany’s leadership in autonomous vehicle production. Additionally, premium car manufacturers are enhancing existing antenna technologies to retain their consumer base.
- Asia Pacific holds a significant share of the automotive smart antenna market, driven by the rising popularity of SUVs for weekend use. India and China are at the forefront of SUV consumption, a trend that is expected to continue. These dynamics are fueling the demand for advanced smart antenna solutions across the region, supporting the growth of connected and autonomous vehicle technologies.
Global Automotive Smart Antenna Market: Key Players
- In 2023, Harman International made significant strides in the automotive smart antenna market by introducing an advanced modular antenna system. This system integrates multiple communication technologies, such as 5G, V2X (vehicle-to-everything), and Wi-Fi, into a single compact unit.
- In 2023, Continental AG developed a smart antenna solution featuring cutting-edge beamforming technology. This advancement allows for more precise and reliable signal transmission, which is crucial for the efficient functioning of autonomous driving systems.
Global Automotive Smart Antenna Market: Segmentation
Antenna Type
- Shark Fin Antennas
- Patch Antennas
- Blade Antennas
- Low-profile Antennas
Frequency
- Ultra-High Frequency (UHF)
- Very High Frequency (VHF)
- Global Navigation Satellite System (GNSS)
- Cellular (4G, 5G)
- Wi-Fi
- Bluetooth
Technology Type
- MIMO (Multiple Input Multiple Output) Antennas
- Phased Array Antennas
- Switched Beam Antennas
- Adaptive Antennas
- Smart Beamforming Antennas
Antenna Location
- Roof-Mounted Antennas
- Side-Mounted Antennas
- Integrated into Windshield
- Rear-Mounted Antennas
Component
- Transceiver
- Electronic Control Units
- Others (Connector, Wire Harness, etc.)
Vehicle Type
- Passenger Vehicles
- Hatchback
- Sedan
- SUVs
- Light Commercial Vehicles
- Heavy Duty Trucks
- Buses & Coaches
- Off-road Vehicle
Sales Channel
- OEMs
- Aftermarket
Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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