A new Report by Delvens, titled "Automotive Smart Antenna Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global Automotive Smart Antenna Market size was estimated at USD 4.1 billion in 2023 and is projected to reach USD 9.9 billion in 2030 at a CAGR of 13.8% during the forecast period 2023-2030.
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The current trend in the automotive industry is geared towards the adoption of smart vehicles, which necessitates a reliable connection. To achieve this need, smart antennas have become instrumental. The automobiles are now fully connected through vehicle-to-infrastructure (V2I) and vehicle-to-vehicle (V2V) communication, thereby enhancing safety and performance.
The automotive smart antenna plays an integral role in linking various services such as mobile communication, GPS, TV, radio, and others. By enabling original equipment manufacturers (OEMs) to provide new technological architecture standards, the automotive smart antenna fulfills customer requirements for communication and infotainment services.
Competitive Landscape
· Ficosa International A.
· Continental AG
· Hirschmann Car Communication GmbH
· West Corporation
· Ace Technologies Corp.
· Antenova M2M
· WORLD PRODUCTS INC.
· KATHREIN SE
· Laird
· HELLA GmbH & Co. KGaA
· Robert Bosch GmbH
· TE Connectivity
· Denso
· Yokowo
· Harada
· Schaffner
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Asia pacific to Dominate the Market
The Asia Pacific region is evidently propelled by a noteworthy upsurge in economic progress, an expanding populace, swift urbanization, and a proliferating number of connected cars.
It is anticipated that nations such as China will implement a set of rules and guidelines that are aimed at ensuring the safety of both the vehicles and roads. The proliferation of cellular applications and the surge in the need for safety features in automobiles are projected to act as catalysts that will spur the growth of the market for automotive smart antennas in the area.
Recent Developments
In January 2022, MGV, a firm that does visualization of electromagnetic waves, and realization of precise and performs tests of antennas and wireless connectivity, announced that it would supply automotive antenna measurement tools to SGS, a testing, and certification firm.
In September 2021, TE Connectivity, a manufacturer of sensors, antennas, and other connectivity equipment, announced the strategic acquisition of Laird Connectivity which manufactures wireless modules, IoT devices, and antennas.
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Reasons to Acquire
Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.
Gain authentic and granular data access for the Automotive Smart Antenna Market to understand the trends and the factors involved in changing market situations.
Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.
In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.
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