1. HOME
2. Research Insight
3. Automotive Smart Antenna Market Size & Share - Future Growth Expectations

The automotive smart antenna market is estimated to grow from USD 2.5 billion in 2023 to USD 5.2 billion by 2030 at a CAGR of 10.9% during the forecast period. The automotive smart antenna market is growing due to increased demand for connected car & in-vehicle infotainment features in autonomous and electric vehicles, which is projected to boost the adoption of smart antennas during the forecast period. Automotive smart antennas offer better data transfer and are compatible with 5G technology, making them suitable for future vehicles. Hence, these factors are driving the automotive smart antenna market.

The automotive smart antenna market is poised for substantial growth in the coming years, driven by several key factors:

• Increasing demand for connected vehicles
• Advancements in autonomous driving technology
• Government regulations driving adoption of safety features
• Growing focus on vehicle electrification
• Integration of advanced features like beamforming and interference mitigation
• Rising consumer expectations for seamless connectivity
• Technological innovations in antenna design and manufacturing
• Partnerships and collaborations among industry players
• Global expansion of electric and autonomous vehicles
• Focus on cybersecurity in vehicle communication

To know about the assumptions considered for the study download the pdf brochure

Increasing demand for connected vehicles:

• As vehicles become more associated, the interest for shrewd recieving wires equipped for taking care of different correspondence conventions, including 5G, Wi-Fi, and Bluetooth, is on the ascent.

Advancements in autonomous driving technology:

• Savvy radio wires assume a urgent part in giving dependable network to independent vehicles, working with information trade with different vehicles, framework, and cloud administrations for constant navigation.

Government regulations driving adoption of safety features:

• Administrative orders expecting vehicles to be outfitted with cutting edge security highlights and network advancements are driving the reception of savvy recieving wires in the auto business.

Growing focus on vehicle electrification:

• With the shift towards electric vehicles (EVs), there is an expanded requirement for proficient correspondence frameworks to help EV-explicit functionalities like battery the board and charging foundation incorporation.

Integration of advanced features like beamforming and interference mitigation:

• Savvy radio wires are developing to consolidate progressed highlights, for example, beamforming, which works on signal strength and unwavering quality, and obstruction relief, upgrading correspondence execution in complex metropolitan conditions.

Rising consumer expectations for seamless connectivity:

• Shoppers progressively expect consistent network and infotainment administrations in their vehicles, driving the interest for shrewd radio wires fit for conveying rapid web access and sight and sound streaming.

Technological innovations in antenna design and manufacturing:

• Continuous headways in radio wire plan, materials, and assembling processes are prompting the improvement of more minimal, proficient, and savvy brilliant radio wire answers for auto applications.

Partnerships and collaborations among industry players:

• Car OEMs, innovation suppliers, and media communications organizations are shaping associations and joint efforts to foster incorporated brilliant recieving wire frameworks that meet the particular network needs of present day vehicles.

Global expansion of electric and autonomous vehicles:

• The worldwide extension of electric and independent vehicles is setting out critical open doors for the auto brilliant radio wire market, with developing interest from developing business sectors and the rising reception of electric and independent versatility arrangements.

Focus on cybersecurity in vehicle communication:

• With the rising availability of vehicles, there is a developing spotlight on online protection to safeguard against potential digital dangers. Shrewd radio wires with worked in security highlights are supposed to see more popularity as car producers focus on vehicle network protection.

Automotive Smart Antenna Market Share - Global Industry Landscape

• Continental AG (Germany),
• Denso Corporation (Japan),
• TE Connectivity (Switzerland),
• Forvia (France),
• Ficosa Internacional SA (Spain).

Continental AG (Germany):

• Continental AG is a global automotive supplier known for its expertise in various automotive technologies, including smart antennas.
• Continental has a significant market share in the automotive electronics and connectivity sectors, leveraging its extensive product portfolio and global presence.

Denso Corporation (Japan):

• Denso Corporation is a leading supplier of automotive components and systems, including electronic components and connectivity solutions.
• Denso holds a substantial market share in the automotive industry, particularly in Japan and other key markets, due to its reputation for quality and innovation.

TE Connectivity (Switzerland):

• TE Connectivity is a global technology company specializing in connectivity solutions for various industries, including automotive.
• TE Connectivity offers a range of automotive connectivity products, but specific market share data for its smart antenna business may not be readily available.

Forvia (France):

• Forvia is a French company specializing in automotive electronics and connectivity solutions, including smart antennas.
• While Forvia may have a notable presence in the automotive market, its specific market share in the smart antenna segment may vary based on factors such as regional market dynamics and competition.

Ficosa Internacional SA (Spain):

• Ficosa Internacional SA is a Spanish automotive technology company known for its expertise in automotive electronics and connectivity solutions.
• Ficosa may hold a significant market share in certain regions, particularly in Europe, where it is based, but specific data on its market share in the smart antenna segment may be limited.

Related Reports:

Automotive Smart Antenna Market by Frequency (High, Very High, & Ultra High), Type (Shark-Fin & Fixed Mast), Component (Transceivers, ECU), Vehicle Type (Passenger Cars, LCV, & HCV), EV (BEV, FCEV, & PHEV) and Region - Global Forecast to 2030