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Automotive Smart Antenna Market by Vehicle, Frequency, Component, Electric Vehicle And Region - Global Forecast to 2025

Automotive Smart Antenna Market: Global Forecast until 2025

  • November 2018
  • 121 pages
  • ID: 5619606
In this report:
The North American automotive smart antenna market for high frequency is expected to grow at the highest CAGR of ##.##%, by volume, and is projected to reach ##,##.## thousand units by 2025 from ##,##.## thousand units in 2018.
The Asia Pacific automotive smart antenna market for very high frequency is estimated to be the largest, by volume, and is expected to grow from an estimated ##,##.## thousand units in 2018 to ##,##.## thousand units by 2025, at a CAGR of ##.##%.

Summary

Table of Contents

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Increasing cellular applications for connected vehicles is predicted to push the global rise of the smart antenna in automotive market.

The automotive smart antenna market size is forecasted to grow from $2.30B in 2018 to $5.90B by 2025, at a compound annual growth rate (CAGR) of 14.2% during the forecast horizon. The automotive smart antenna market is influenced by several Elements such as the increasing cellular applications for connected vehicles and the increase in demand for connectivity-based safety features. Nevertheless, lack of information technology and communication infrastructure in developing regions together with the lag in government norms are the main restraints that can hamper the increase of the automotive smart antenna market.

Electronic control unit segment is anticipated to grow at a better compound annual growth rate during the estimate period.

The ECU is an alliance of electronic components with internal pre-programmed and programmable chipsets used to control one or more units in a vehicle.With the advent of intelligent vehicles, the automotive sector is moving toward a connected future.

Vehicles are getting equipped with advanced features for controlling the communication bridge internally and externally. The ECU of the smart antenna includes hardware and software components that perform diverse functions for communication.

Hybrid electric vehicle segment is forecasted to hold the biggest market share during the outlook period.

HEVs are intended to deliver improved fuel economy, rised power, or additional auxiliary power for electronic devices and power tools.As a result of the growing stringency of emission norms and increasing pollution levels, the adoption of hybrid electric vehicles has increased in developed regions including North America and EU.

Furthermore, the rising use of hybrid taxis in developed countries including the US would propel the industry for HEVs.The surging adoption of HEVs would provide possibilities to rise the number of connected features.

The increasing demand for comfort and convenience would rise the integration of features including digital audio and video broadcast, GPS services, and cellular connectivity. The growing acceptance of such features in vehicles will, in turn, boost the industry demand for automotive smart antennas.

Rest of the globe is anticipated to record the highest rise rate during the estimate period.

Rest of the globe is forecasted to have the maximum growth rate during the outlook period.Elements such as rising demand for automobiles, the availability of cheap labor, lenient environmental regulations, low transportation costs, and flexible export-import policies are driving the rise of the automotive sector in this zone.

Many organizations are working in this area to foster the latest wireless technologies including IoT, which would create an opportunity for the increase of automotive smart antenna market.

Comprehensive interviews were managed with CEOs, marketing directors, other innovation and technology directors, and executives from numerous main institutions operating in the automotive smart antenna market marketplace.

• By Company category: Tier 1 - 55.0 percent, Tier 2 - 35.0 percent, Tier 3 - 10.0 percent

• By Description: C-suite - 65.0 percent, D-suite - 25.0 percent, Others - 10.0 percent

• By Area: Asia Pacific (APAC) - 40.0 percent, Europe (EU) - 30.0 percent, North America continent - 25.0 percent, RoW - 5.0 percent

The automotive smart antenna market comprises main solution providers including Continental, Denso, TE Connectivity, Hella, Laird, Yokowo, Harada, Schaffner, Kathrein, and Ficosa. The report includes an exhaustive competitive study of these top actors in the automotive smart antenna market, with their company descriptions, latest developments, and key industries strategies.

Segment Research

The market study includes the automotive smart antenna market across segments.It aims at evaluating the market value and the increase potential of this market across several segments, including vehicle, frequency, component, electric vehicle, and area.

The market research also comprises a detailed competitive analysis of the top players in the sector, together with their company descriptions, main observations associated to product and business offerings, recent evolutions, and key industries strategies.

Main highlights

The analysis will facilitate the market top players/new sector entrants in this sector with data on the best approximations of the revenue data for the global automotive smart antenna market and the sub-segments.This industry report will facilitate partners distinguish the competitive landscape and obtain additional insights to better option their businesses and plan suitable go-to-market strategies.

The market research also benefits partners comprehend the pulse of the sector and offers them with info on main market drivers, market restraints, opportunities, and alternatives.

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