Asia-Pacific Automotive Smart Antenna Market, By Antenna Type (Shark-Fin, Mixed Mast, Others), Frequency (High (0- 800 MHz), Very High (800 MHz- 2.5 GHz), Ultra-High (2.5 GHz- 6 GHz)), Component (Transceivers, Electric Control Unit (ECU), Others), Vehicle Type (Internal combustion engines (ICE), Electric (EV)) – Industry Trends and Forecast to 2030.
Asia-Pacific Automotive Smart Antenna Market Analysis and Size
The steady growth in incorporation of wireless technology and positioning technologies such as vehicle-to-vehicle (V2V), Wi-Fi, 3G/4 LTE, Bluetooth and Vehicle-to-Anything (V2X) connecting technologies in vehicles are projected to enhance the growth of the automotive smart antenna market during the forecast period. In the current technologically advanced era, the requirement for the vehicle to infrastructure connectivity or vehicle-vehicle connectivity is gaining traction to track down real-time data processing. As a result, the demand for the smart antenna in vehicles increases, enhancing the market growth during the forecast period.
Data Bridge Market Research analyses that the automotive smart antenna market is expected to reach USD 3907.32 million by 2030, which is USD 1151.52 million in 2022, at a CAGR of 16.50% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Asia-Pacific Automotive Smart Antenna Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015- 2020)
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Quantitative Units
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Revenue in USD million, Volumes in Units, Pricing in USD
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Segments Covered
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Antenna Type (Shark-Fin, Mixed Mast, Others), Frequency (High (0- 800 MHz), Very High (800 MHz- 2.5 GHz), Ultra-High (2.5 GHz- 6 GHz)), Component (Transceivers, Electric Control Unit (ECU), Others), Vehicle Type (Internal combustion engines (ICE), Electric (EV))
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Countries Covered
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China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC)
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Market Players Covered
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Laird Connectivity (U.S.), WISI Communications GmbH & Co. KG (Germany), Airgain (U.S.), Continental AG (Germany), Ficosa Internacional SA (Spain), Schaffner Holding AG (Switzerland), TE Connectivity (Switzerland), DENSO CORPORATION (Japan), HELLA GmbH & Co. KGaA (Germany), Calearo Antenne SPA (Italy), INPAQ Technology Co., Ltd. (Taiwan), Yokowo co., ltd (Japan), Taoglas (Taiwan), STMicroelectronics (Switzerland)
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Market Opportunities
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Market Definition
An automotive smart antenna is used in vehicles to increase radio signal quality. It can automatically adjust the antenna's focus and direction to receive the strongest signal possible. The smart antenna is able to detect the direction of the signal and then adjust the antenna by using various sensors. This type of antenna is popular in automobiles because it can offer much better radio reception than traditional antenna.
Asia-Pacific Automotive Smart Antenna Market Dynamics
Drivers
- Increasing demand for very high frequency automotive smart antenna
Increasing demand for very high-frequency smart antenna in vehicles is expected to drive the growth of the market during the forecast. The increasing concern regarding traffic congestion and the growing demand for dashboard features are some of the main factors which are supporting the usage of very high-frequency smart antenna in the automotive.
- Rising sales of vehicles in Asia-Pacific region
The increasing sale of vehicles in Asia-Pacific region let the smart antenna market to grow rapidly during the forecast period 2023 to 2030 due to its great usage in vehicle’s security. For instance, in 2021, the total number of vehicles was approximately 34 million units, which is 7 percent higher than 2020. Such a growth in vehicle sales is expected to witness major growth for the market.
Opportunities
- Surging strategic acquisition between major market players
The surging acquisition and mergers between major market players offer numerous growth opportunities in the global automotive smart antenna market. For instance, TE Connectivity, a manufacturer of antennas, sensors, and other connectivity equipment, has announced their strategic acquisition with Laird Connectivity, which manufactures IoT devices, wireless modules, and antennas in 2021. They offer highest quality RF antennas engineered for better performance.
- Increasing product launches by major market players
Increasing product launches by major market players will further offer numerous growth opportunities in the global automotive smart antenna market. For instance, Airgain, Inc. launched CENTURION household of 9-in-1 antennas in September 2018, to supply excessive overall performance connectivity for public security property and vehicles.
Restraints/ Challenges
- High cost associated with automotive smart antenna
High cost of smart antennas is one of the major factor which is expected to hamper the growth of the automotive smart antenna market. The cost of the antenna itself is relatively very high, and the cost of installation and integration can also be significant. This makes it difficult for many consumers to purchase smart antenna.
This automotive smart antenna market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the automotive smart antenna market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In 2022, MGV, a firm that does visualization of electromagnetic waves, and performs tests of wireless connectivity and antennas, announced that it would supply automotive antenna measurement tools to SGS. SGS is the world's leading testing, certification and inspection company.
- In 2021, Harman International launched 5G TCU with Smart Conformal Antenna. This is mainly designed to address challenges by joining many antennas in a single module that can be attached on the body surface of vehicle and covered with a non-conductive cover and waterproof.
Automotive Smart Antenna Market Scope
The automotive smart antenna market is segmented on the basis antenna type, frequency, component and vehicle type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Antenna Type
- Shark-Fin
- Mixed Mast
- Others
Frequency
- High (0- 800 MHz)
- Very High (800 MHz- 2.5 GHz)
- Ultra-High (2.5 GHz- 6 GHz)
Component
- Transceivers
- Electric Control Unit (ECU)
- Others
Vehicle Type
- Internal Combustion Engines (ICE)
- Electric (EV)
- Battery
- Hybrid
- Plug-in Hybrid
Automotive Smart Antenna Market Regional Analysis/Insights
The automotive smart antenna market is analyzed and market size insights and trends are provided by country, antenna type, frequency, component and vehicle type as referenced above.
The countries covered in the automotive smart antenna market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC).
China dominates the Asia-Pacific automotive smart antenna market in terms of revenue. This is owing to the increasing expansion of manufacturing plant in this region by the automakers to meet the growing demand of vehicles.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Smart Antenna Market Share Analysis
The automotive smart antenna market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to automotive smart antenna market.
Some of the major players operating in the automotive smart antenna market are:
- Laird Connectivity (U.S.)
- WISI Communications GmbH & Co. KG (Germany)
- Airgain (U.S.)
- Continental AG (Germany)
- Ficosa Internacional SA (Spain)
- Schaffner Holding AG (Switzerland)
- TE Connectivity (Switzerland)
- DENSO CORPORATION (Japan)
- HELLA GmbH & Co. KGaA (Germany)
- Calearo Antenne SPA (Italy)
- INPAQ Technology Co., Ltd. (Taiwan)
- Yokowo co., ltd (Japan)
- Taoglas (Taiwan)
- STMicroelectronics (Switzerland)
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