The Automotive Antenna Module Market is expected to register a CAGR of 8.1% during 2023–2031. The evolution of advanced technologies in vehicles is likely to remain a key trend in the market.
Automotive Antenna Module Market Analysis
- A significant growth of the market expansion for automotive antenna modules is being driven by the growing integration of advanced connectivity and communication features in automobiles.
- The growing proliferation of connected car technologies such as telematics, GPS navigation, and in-car entertainment systems has led to a growing demand for reliable and effective antenna modules.
- The automotive antenna module market is anticipated to develop as automotive producers aim to enhance driving experiences through intelligent connectivity.
- The growing technological advancement in the automotive sector is one of the prime reasons behind the growth of the automotive antenna module market.
Automotive Antenna Module Market Overview
- The automotive antenna module market is steered by augmented demand for electric vehicles (EVs) and autonomous driving systems, both of which demand robust antenna solutions for smooth communication and data exchange growing advancement of automotive connectivity and communication technologies.
- Bluetooth, Wi-Fi, and 5G connectivity are among the smart technologies that are increasingly being installed in modern cars.
- The increasing integration of advanced connectivity and communication features in cars is driving a large portion of the market expansion for automotive antenna modules.
- As connected car technologies such as GPS navigation, telematics, and in-car entertainment systems proliferate, there is an increasing demand for stable and efficient antenna modules.
- As automakers strive to enhance driving experiences through intelligent connectivity, the market for automotive antenna modules is anticipated to grow.
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Automotive Antenna Module Market: Strategic Insights
Automotive Antenna Module Market
-
Market Size 2023
US$ XX Million
-
Market Size 2031
US$ XX Million
Market Dynamics
GROWTH DRIVERS
- Enhanced Vehicle-to-Vehicle Communication Technology
FUTURE TRENDS
- Growing Sales of Electric Vehicles
OPPORTUNITIES
- Growing Focus on Technological Advancement in Vehicles
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- Electric Vehicles
Frequency Range
- Low Range Frequency
- Medium Range Frequency
- High Range Frequency
Distribution Channel
- Original Equipment Manufacturer
- After Market
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Automotive Antenna Module Market: Strategic Insights
-
Market Size 2023
US$ XX Million -
Market Size 2031
US$ XX Million
Market Dynamics
- Enhanced Vehicle-to-Vehicle Communication Technology
- Growing Sales of Electric Vehicles
- Growing Focus on Technological Advancement in Vehicles
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
- Passenger Vehicles
- Commercial Vehicles
- Electric Vehicles
- Low Range Frequency
- Medium Range Frequency
- High Range Frequency
- Original Equipment Manufacturer
- After Market
- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Automotive Antenna Module Market Drivers and Opportunities
Enhanced Vehicle-to-Vehicle Communication Technology to Favor the Market
- The global industry is focusing on developing more sophisticated technologies to enable mobile device integration and car-to-car connectivity. Although it is still available, vehicle-to-vehicle communication is very limited in its ability to share location, speed, and destinations.
- It primarily functions to avoid short-range crashes. The use of antenna modules by advanced vehicle-to-vehicle connectivity as a safety feature will raise demand for automotive antenna modules on the international market.
- The growing advancement in the vehicle communication system and rising demand for high end features in the cars are anticipated to act as a major driving factor for the market.
Growing Focus on Technological Advancement in Vehicles
- The companies are being motivated by regulatory policies to develop technologies that improve the safety and performance of the vehicle for the passengers.
- There has been an upsurge in the use of autonomous vehicles for last-mile delivery services. Companies in the logistics sectors are looking to improve productivity and lower expenses and are investigating the application of autonomous delivery vehicles, such as FedEx (US) and Amazon (US).
- Through collaborations with e-commerce platforms, autonomous delivery services generate revenue while managing logistics. Thus, businesses concentrate on self-driving cars, which necessitate robust and dependable multiband technology in automotive antenna.
Automotive Antenna Module Market Report Segmentation Analysis
Key segments that contributed to the derivation of the automotive antenna module market analysis are vehicle type, frequency range and distribution channel.
- Based on vehicle type, the automotive antenna module market is divided into passenger vehicles, commercial vehicles, and electric vehicles.
- On the basis of the frequency range, the market is divided into low-range frequency, medium-range frequency, and high-range frequency.
- Based on the distribution channel, the automotive antenna module market is divided into original equipment manufacturer (OEM) and after market.
Automotive Antenna Module Market Share Analysis by Geography
- The automotive antenna module market report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering automotive antenna module market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers PEST analysis, which involves the study of major factors that influence the automotive antenna module market in these regions.
Automotive Antenna Module Market Market Report Scope
Report Attribute
Details
Market size in 2023
US$ XX Million
Market Size by 2031
US$ XX Million
Global CAGR (2023 - 2031)
8.1%
Historical Data
2021-2022
Forecast period
2024-2031
Segments Covered
By Vehicle Type - Passenger Vehicles
- Commercial Vehicles
- Electric Vehicles
By Frequency Range - Low Range Frequency
- Medium Range Frequency
- High Range Frequency
By Distribution Channel - Original Equipment Manufacturer
- After Market
Regions and Countries Covered
North America - US
- Canada
- Mexico
Europe - UK
- Germany
- France
- Russia
- Italy
- Rest of Europe
Asia-Pacific - China
- India
- Japan
- Australia
- Rest of Asia-Pacific
South and Central America - Brazil
- Argentina
- Rest of South and Central America
Middle East and Africa - South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
Market leaders and key company profiles
Continental AG HARADA INDUSTRY CO., Ltd Delphi Technologies Yokowo co., Ltd. Amphenol Corporation Laird Technologies Hirschmann Car Communication SCHAFFNER HOLDING AG KATHREIN SE
Report Attribute | Details |
---|---|
Market size in 2023 | US$ XX Million |
Market Size by 2031 | US$ XX Million |
Global CAGR (2023 - 2031) | 8.1% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Vehicle Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Automotive Antenna Module Market News and Recent Developments
The automotive antenna module market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the automotive antenna module market are listed below:
- KYOCERA AVX, a leading global manufacturer of advanced electronic components engineered to accelerate technological innovation and build a better future, released the new A-Series low-profile, surface-mount automotive antennas at CES 2024. The new A-Series low-profile SMT antennas are qualified according to AEC-Q200 standards and offer the industry’s widest range of AEC-Q200-compliant antennas for automotive applications, including wireless battery management systems, telematics control units, and vehicle access key fobs. (Source: KYOCERA AVX, Company Website, January 2023)
- Quectel Wireless Solutions, a global IoT and automotive solutions provider, announced the launch of the ultra-wideband (UWB) automotive grade AU30Q module. Based on Qorvo’s DW3300Q UWB chipset, the module enables precise real-time outdoor and indoor localization and reliable wireless communication. (Source: Quectel Wireless Solutions, Company Website, February 2023)
Automotive Antenna Module Market Report Coverage and Deliverables
The “Automotive Antenna Module Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Automotive antenna module market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Automotive antenna module market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Automotive antenna module market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the automotive antenna module market
- Detailed company profiles
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The global automotive antenna module market is expected to grow at a CAGR of 8.1% during the forecast period 2023 - 2031.
An increase in sales of electric vehicles is anticipated to play a significant role in the global automotive antenna module market in the coming years.
The leading players operating in the automotive antenna module market are Continental AG, Harada Industry Co., Ltd, Delphi Technologies, Yokowo Co., ltd., Amphenol Corporation, Laird Technologies, Hirschmann Car Communication, Schaffner Holding AG, Kathrein SE.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
The rapid advancement of the communication system in vehicles is one of the major factors driving the automotive antenna module market.
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