Automotive Smart Antenna Market Forecasts to 2028 – Global Analysis By Frequency (Very High Frequency, Ultra High Frequency, High Frequency), Antenna Type (Shark-fin, Fixed Mast), and By Geography
According to Stratistics MRC, the Global Automotive Smart Antenna Market is accounted for $2.87 billion in 2020 and is expected to reach $9.09 billion by 2028 growing at a CAGR of 15.5% during the forecast period. Growing demand for safety features in vehicles and rising cellular applications for connected vehicles are the major factors propelling the market growth. However, lack of information technology and communication infrastructure in developing countries is hampering the market growth.
Smart antennas are antenna arrays with smart signal processing algorithms applied to distinguish spatial signal indications such as the direction of arrival (DOA) of the signal and apply them to estimate beam forming vectors which are utilized to track and locate the antenna beam on the mobile/target. Smart antennas should not be confused with reconfigurable antennas, which have alike aptitudes yet are single element antennas and not antenna arrays.
Based on antenna type, the shark-fin segment is estimated to have a lucrative growth due to the increasing multiple operations related to communication such as voice connectivity, mobile data, and asset tracking in the automobile. Moreover, the shark-fin antenna was usually used in luxury sedans but currently with the developments in automobile market and decrease in the prices of shark-fin antennas the entry-level cars are also using shark-fin antennas.
By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the increasing demand from consumers for features like infotainment systems with navigation facility, convenience, and connectivity features. Asia-Pacific countries are now witnessing a considerable spike in the demand for SUV and crossover vehicles over the past 3-4 years. With the SUVs finding their use in weekend off-road applications, the demand from the customer for better convenience and communication systems in this segment grew substantially which in-turn is driving the demand for smart antennas.
Some of the key players profiled in the Automotive Smart Antenna Market include Continental, Denso, Ficosa, Harada, Hella, Hirschmann Car Communication, Kathrein, Laird, TE Connectivity, and Wisi Group.
Antenna Types Covered:
• Fixed Mast
• Commercial Vehicle
• Light Duty Vehicle
• Electric Vehicle
• Internal Combustion Engines (ICE) Vehicle
• Passenger Cars
• Very High Frequency
• Ultra High Frequency
• High Frequency
• Electronic Control Unit (ECU)
• Other Components
Sales Channels Covered:
• Original Equipment Manufacturer (OEM)
• Original Equipment Supplier (OES)
• Independent Aftermarket (IAM)
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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