Middle East and Africa Automotive Smart Antenna Market, By Antenna Type (Shark-fin, Fixed Mast, and Others), Frequency (High Frequency, Very High Frequency and Ultra High Frequency), Component (Transceivers, Electronic Control Unit, Wiring Harness and Others), Electric Vehicle Type (HEV, PHEV, BEV), Vehicle Type (Passenger Car, LCV, HCV), Sales Channel (OEM, OES, IAM) – Industry Trends and Forecast to 2030.
Middle East and Africa Automotive Smart Antenna Market Analysis and Size
Smart antennas in automobiles are gaining popularity globally as they provide better radio and signal reception than traditional antennas. Modern vehicles are installed with smart antennas to offer the best infotainment service by enhancing the quality of radio. The very high frequency market sector holds the biggest market share due to its broad coverage, which enables drivers to plan routes more effectively. Increased vehicle and driver safety is the effect of this element.
Data Bridge Market Research analyses that the automotive smart antenna market, valued at USD 93.53 million in 2022, will reach USD 261.24 million by 2030, growing at a CAGR of 13.70% during the forecast period of 2023 to 2030. 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.
Middle East and Africa 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, Fixed Mast, and Others), Frequency (High Frequency, Very High Frequency and Ultra High Frequency), Component (Transceivers, Electronic Control Unit, Wiring Harness and Others), Electric Vehicle Type (HEV, PHEV, BEV), Vehicle Type (Passenger Car, LCV, HCV), Sales Channel (OEM, OES, IAM)
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Countries Covered
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U.A.E., South Africa, Saudi Arabia, Egypt, Israel, and rest of Middle East and Africa
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Market Players Covered
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STMicroelectronics (Switzerland), DENSO CORPORATION (Japan), Continental AG (Germany), Laird Connectivity (U.S.), HARMAN International. (U.S.), Ficosa Internacional SA (Spain), TE Connectivity (Switzerland)
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Market Opportunities
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Market Definition
Automotive smart antennas are made to send and receive signals from wirelessly connected vehicle components. The smart antenna, which is installed either at the back of the car or on the front glass, transmits safety-related information. The integration of several services, including mobile phone, GPS, TV, radio, and others, is made possible in large part by the car smart antenna.
Automotive Smart Antenna Market Dynamics
Drivers
- Growing awareness about the offerings will bolster the market growth
The availability of numerous services such as GPS, WI-FI, E-call, Bluetooth, TV, cell communication, and radio is expected to drive growth in the automotive smart antenna market. Furthermore, rising demand for the advancement of a variety of functions of automobile access system, navigation, broadcast service advancement, and verbal exchange is expected to drive the market and extend adoption of the automotive smart antenna.
- Trending developments by the manufacturers will drive the growth
The evolution of more compact and lightweight designs is an important trend. This is especially important in automotive applications, where space is often limited. Furthermore, combining multiple antennas into a single unit can aid in size and weight reduction. Advanced signal processing techniques are also being used to improve the performance of automotive smart antennas. These methods can be used to remove interfering signals, increase signal-to-noise ratios, and increase overall data throughput.
Opportunities
- Increasing proliferation of 5G is a major determinant
The automotive industry's growth and expansion has created an excellent opportunity for the telecommunications industry to integrate 5G technology with vehicle systems. Connected systems in modern vehicles are used for infotainment, navigation, and safety applications. Given its high bandwidth and low latency, 5G technology is required for a connective system's successful and efficient operation. Manufacturers have recognised this opportunity and are focusing more on technological integration in self-driving vehicles.
Restraints/Challenges
- Slowdown of the automotive industry will derail the market growth rate
Lower consumer confidence brought on by rising interest rates, increased fuel prices, and increased insurance premiums has resulted in a major decline in worldwide auto production. The market for automotive smart antennas is subsequently constrained by the auto industry's diminishing manufacturing rate.
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.
Middle East and Africa Automotive Smart Antenna Market Scope
The automotive smart antenna market is segmented on the basis of antenna type, frequency, component, electric vehicle type, vehicle type, and sales channel. 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
- Fixed Mast
- Others
Frequency
- High Frequency
- Very High Frequency
- Ultra High Frequency
Component
- Transceivers
- Electronic Control Unit
- Wiring Harness
- Others
Electric Vehicle Type
- HEV
- PHEV
- BEV
Vehicle Type
- Passenger Car
- LCV
- HCV
Sales Channel
- OEM
- OES
- IAM
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, electric vehicle type, vehicle type, and sales channel as referenced above.
The countries covered in the automotive smart antenna market report are U.A.E., South Africa, Saudi Arabia, Egypt, Israel, and rest of Middle East and Africa.
South Africa in Middle East and Africa dominates the automotive smart antenna market and will continue to flourish its trend of dominance during the forecast period. The major factors attributable to the region’s dominance are rise in demand and sale of passenger vehicles and growing purchasing power of the people.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts 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:
- STMicroelectronics (Switzerland)
- DENSO CORPORATION (Japan)
- Continental AG (Germany)
- Laird Connectivity (U.S.)
- HARMAN International. (U.S.)
- Ficosa Internacional SA (Spain)
- TE Connectivity (Switzerland)
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