North America Automotive Smart Antenna Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 573.81 Million |
Market Size (Forecast Year) |
USD 1,707.05 Million |
CAGR |
|
Major Markets Players |
North America 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.
North America Automotive Smart Antenna Market Analysis and Size
Currently, the automotive sector is shifting towards the smart automobiles whose major requirement is good connection and to achieve the automotive Smart Antenna are used. To improve performance and safety, the vehicles are fully connected through vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication. The automotive smart antenna plays an important role in connecting various services such as GPS, TV, radio, mobile communication and others. The automotive smart antenna allows original equipment manufacturers (OEMs) to offer new technological architecture standards for communication and infotainment services.
Data Bridge Market Research analyses that the automotive smart antenna market is expected to reach USD 1707.05 million by 2030, which is USD 573.81 million in 2022, at a CAGR of 14.60% 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.
North America Automotive Smart Antenna Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015- 2020) |
Quantitative Units |
Revenue in USD million, Volumes in Units, Pricing in USD |
Segments Covered |
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)) |
Countries Covered |
U.S., Canada and Mexico in North America |
Market Players Covered |
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) |
Market Opportunities |
|
Market Definition
Smart antenna is smart signal processing algorithms which is applied to differentiate spatial signal indications such as direction of arrival of signal and apply them to estimate beamforming vectors which are used to locate and track the antenna beam on the target. Smart antenna should not be disorganized with reconfigurable antennas.
North America Automotive Smart Antenna Market Dynamics
Drivers
- Multiple advantages associated with automotive smart antenna
The automotive smart antenna connects many services, such as mobile communication, TV, GPS, radio and others. Original equipment manufacturers (OEMs) use automotive smart antennas to meet customer demands for infotainment and communication services. Increased connectivity in the vehicle, for instance, improves user experiences such as active steering, interface immunity, as well as connectivity. Furthermore, the smart antenna is virtually transparent, as a result it decreases the total cost and weight of the vehicle by allowing for shorter cable lengths and simpler cable routing. Hence, all these factors are expected to boost the growth of the market.
- Increasing development of new smart antennas
The increasing integration of high-end communication technologies has become an important factor in the automotive industry. Antennas in vehicles serve an extenaive range of applications, from receiving navigation to making a call. Shark-fin antennas are the most common component for passenger cars. Previous, this type of antenna was used in luxury SUVs and sedans. For instance, Maruti Suzuki has launched a new Hyryder-based SUV, Vitara in 2022. The vehicle has fitted with a shark fin antenna. Therefore, increasing development of new smart antennas is likely to drive thr market growth.
Opportunities
- Increasing adoption of electric vehicle in this region
Electric vehicle are intended to supply extended power, extended fuel economy, or extra auxiliary strength for electricity tools and digital units. As an end result of the increasing stringency of emission rules and increasing level of air pollution, the adoption of electric vehicles has increased in North America region. Furthermore, the increasing usage of hybrid taxis in developed area such as the US would boost market for electric vehicle. The developing demand for alleviation and comfort in electric vehicle would enlarge the integration of points such as video broadcast and digital audio, ell connectivity and GPS services. The increasing acceptance of such aspects will, in turn, increase the demand for the automotive smart antenna and create immense market growth opportunities.
- Huge growth of mobile connectivity and increasing use of MIMO technology
The excessive growth of the mobile connectivity in vehicles is expected to increase demand for the automotive smart antenna which will lucrative opportunities for the growth of the market. Moreover, the usage of multiple input, multiple output (MIMO) technological in the automobile sector is another trend which is contributing positively to the growth of this market in the upcoming period.
Restraints/ Challenges
- Lack of standardization
One of the major restraints for the growth of the automotive smart antenna market is the dearth of standardization. There are no global criteria for smart antennas, which makes it challenging for the producers to manufacture products that are well-suited with all types of automobiles. This also makes it challenging for customers to choose right product.
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 announced that it will supply automotive antenna measurement equipment to SGS. MGV is a firm that does visualization of electromagnetic waves, and performs tests of wireless connectivity and antennas and SGS is the leading testing, certification and inspection company.
- In 2021, Harman International launched Smart Conformal Antenna names 5G TCU. This is mainly manufactured to address challenges by connecting various antennas in a single module. These antennas can be attached on the surface of vehicle and enclosed with a non-conductive cover and waterproof.
Automotive Smart Antenna Market Scope
The automotive smart antenna market is segmented on the basis of 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 U.S., Canada and Mexico in North America.
U.S. dominates the North America automotive smart antenna market in terms of revenue. This is owing to the increasing disposable income and the rising sales of the commercial vehicles in this region.
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)
SKU-
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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