Market definition:

A car antenna is a metal rod or wire built into a car to transmit radio waves and receive radio signals. Other audio transmissions include AM, FM, digital stations, two-way radio, cell phone calls, and garage door openers.

Market overview:

According to analysts at SDKI, the automotive antenna market size is valued at approximately USD 7.5 billion in 2023. And this market is projected to reach approximately USD 15.2 billion by 2036, growing at a CAGR of approximately 5.71% during the forecast period.

Our analysts have found that light vehicle production is growing rapidly, and products and services in the market are increasing their safety and convenience features. This is expected to drive the growth of the automotive antenna market during the forecast period. Additionally, the growing demand for connected and smart features in passenger cars and commercial vehicles is expanding the market size for automotive antennas. According to our automotive antenna market research analysis, over 17.98 million light vehicles were registered in the United States in 2022.

However, several technological challenges such as integration of automotive antennas with advanced vehicle systems and regulatory constraints related to frequency spectrum allocation are likely to hinder the growth of the automotive antenna market during the forecast period.

Detailed market research report link:

https://www.sdki.jp/reports/automotive-antenna-market/104817

the latest news

Our analysts also note the recent developments of the key players in the growth of the Automotive Antenna market. these are:

• In February 2022, MGV announced plans to supply automotive antenna measurement and automotive over-the-air (OTA) test equipment to SGS.
• In January 2021, Harman International announced the launch of a smart conformal antenna named 5G TCU to enhance the capabilities of connected cars.

Automotive antenna market segmentation

According to our automotive antenna market analysis, the market can be segmented into passenger cars and commercial vehicles based on vehicle type. Among these, the commercial vehicle segment is expected to drive the growth of the automotive antenna market by the end of 2036. The increasing use of hybrid taxis in developed regions is expected to increase the demand for commercial vehicles. The new demand for mitigation and comfort in electric vehicles is increasing the integration of points such as digital audio and video broadcasts, ELL connectivity, and GPS services. The increasing acceptance of such aspects is increasing the demand for automotive smart antennas and creating huge market growth opportunities. According to our automotive antenna market analysis, there will be more than 13.7 million trucks registered in the United States in 2022.

Sample request link:

https://www.sdki.jp/sample-request-104817

Automotive antenna market regional overview

The Asia Pacific automotive antenna market share is growing steadily and is expected to maintain a robust market share during the forecast period. Strong economic growth in emerging countries, rapid urbanization, and population growth are driving market growth in the region. According to our automotive antenna market analysis, in 2022, total vehicle sales in China will include about 70% of passenger cars and more than 29% of commercial vehicles.

Meanwhile, the introduction of connection-based security rules has increased the need for smart antennas in Japan. Additionally, as vehicles and connected devices continue to advance, the demand for domestic automotive antennas is increasing. According to our automotive antenna market analysis, more than 2.34 million vehicles will be commercially registered in Japan in 2022.

Key players in the automotive antenna market

The most prominent players in the automotive antenna market are: :

• Koch Industries, Inc.
• Ace Technologies Corp.
• TE Connectivity Corporation
• Mobile Mark Inc.
• Hella GmbH & Co. KGaA,

In addition to this, the top 5 players in the Japanese market are: :

• Panasonic Holdings Corporation
• DENSO Corporation
• AGC Group
• Yokowa Co. Ltd.
• NIPPON ANTENNA Co. Ltd.

Company Profile:

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