Automotive Smart Antenna Market is expected to progress with the CAGR of 7.5% from 2019 to 2023. Global Automotive Smart Antenna Market Frequency, Vehicle Type, Sales Channel, and Region.
Key Players Analyzed in the Report are
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.
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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.
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.
Geographically, the global Automotive Smart Antenna Market has been segmented into four major regions namely North America, Europe, Asia-Pacific, and the Rest of the World. Asia Pacific is estimated to witness substantial growth in the future owing to stringent standards pertaining to vehicle connectivity and safety in countries such as Japan and China. Furthermore, increasing vehicle production and potential of electric vehicles in the market is projected to drive the global automotive smart antenna market. Europe, on the other hand, is expected to hold substantial market share in the global automotive smart antenna market owing to rising awareness among OEMs and end users to communication and intelligent transportation.
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