The global automotive smart antenna market is projected to register a CAGR of 14.20% from 2022 to 2030. For improved communication, smart antennas are employed in automobiles to recognize spatial signal fingerprints, such as the signal's direction of arrival (DOA). The global automotive smart antenna market size is expected to reach approximately USD 5.93 billion by 2030.
The market is driven by several factors, such as increased demand for safety features that rely on connectivity and expanding cellular applications for connected vehicles. The car industry is moving toward "smart" vehicles, which must connect to and develop the same smart antennas as their primary goal. The vehicles are integrated via vehicle-to-vehicle and vehicle-to-infrastructure connectivity to enhance performance and safety. The automotive smart antenna links various services, such as mobile communication, GPS, TV, radio, and others.
The production of light-duty vehicles has been steadily increasing, and the market products and services have increased their installation of safety and convenience features, which can be attributed to the expanding market size. Due to the growing demand for connected and smart features in various cars, the introduction of autonomous vehicles is projected to favor market size. Due to rigorous emission standards and increased subsidies offered for environmentally friendly vehicles, demand for these vehicles is rising, raising the market's potential for expansion.
High-end communication technology integration has grown in significance within the worldwide automobile sector. Vehicle antennas are used for various functions, from receiving satellite-based navigation to placing calls. Shark-fin antennas are becoming the most popular component in passenger vehicles. Previously, this kind of antenna was available in high-end cars and sport utility vehicles. Even entry-level automobiles are now available with shark-fin antennae in growing auto markets like India. Future shark-fin antennas might be smaller and perform more functions than traditional antennas, thanks to greater use and technical breakthroughs.
Furthermore, future technologies will need more antennas to establish stronger communication signals. Although adding several antennas is possible, doing so will cause interference with nearby antennas. The Vienna University of Technology, TU Wien, has created a unique antenna box that can be incorporated into the front portion of the automobile top to eliminate this problem. The directionality of wireless signals surrounding automobiles is improved thanks to this technology, and the new antenna variations make cars very well prepared for wireless needs. A more modern smart antenna that can take the place of the traditional antenna is presently being developed by manufacturers. Data interchange will be crucial in the future of road transportation.
The growth of the automobile industry and the driving experience may be impacted by the data generated by connected cars because there are several difficulties in producing and managing data. Additionally, connected cars can provide a tonne of data, including driver and engine performance information. However, data security and privacy issues present significant difficulties for individuals and companies. It is because smart antennas and other connected car communication equipment rely on private and public networks and are interconnected to the Internet. These circumstances can impair the performance of vehicle smart antennas, consequently limiting the market's expansion.
Vendors are forming several strategic alliances in the automotive smart antenna industry to expand, boost the supply chain's pricing power, or eradicate competition. The market has a significant number of strategic alliances, mostly due to the fierce competition between providers and the expansion of the connected car sector. Vendors also choose strategic alliances to gain potential market shares. As a result, market expansion will be fueled by this rise in strategic alliances.
The global automotive smart antenna market segmentation, based on frequency, is ultra-high, very high, and high. The global automotive smart antenna market growth was prominently high in the very-high frequency category in 2021 due to rising traffic congestion concerns and increased demand for dashboard features.
The global automotive smart antenna market segmentation, based on vehicle type, is passenger cars, commercial vehicles, and electric vehicles. In 2021, passenger cars accounted for the largest market share of the global market. Passenger cars have transformed the way people move and impacted societies and economies all over the globe. Today, the passenger car is a staple of modern societies, providing independence and freedom of mobility to the masses. About half of the global revenue from the passenger automobile market comes from China and the United States, with Europe coming in slightly second. However, the electric vehicle segment is the fastest-growing global market.
Based on sales channels, the global automotive smart antenna market is divided into original equipment manufacturer (OEM), original equipment supplier (OES), and independent automotive manufacturers (IAM). The original equipment manufacturer category dominated the market for the automotive smart antenna in 2021. The automotive smart antenna enables OEMs to provide new technological architecture standards and fulfill customer requirements for communication services.
By region, the global market has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America accounted for the most extensive market share. Asia-Pacific will exhibit the highest CAGR during the forecast period.
North America dominated the market share in 2021 because the area has a strong smartphone industry with significant smartphone companies and access to high-quality wireless connection infrastructure. Future market expansion is anticipated to be fueled by the early adoption of new technologies across various industries and rapid development.
Asia-Pacific accounted for the fastest growth rate in the global market in 2021 due to strong economic growth, rising population, rapid urbanization, and the development of connected car vehicles. As connectivity-based security rules are implemented in Japan and South Korea, the need for smart antennas in these countries will likely increase over the next five years. Countries like China are expected to implement vehicle and road safety laws due to their growing population and automobile demand.
The competitive landscape for vehicle smart antennas provides details about each competitor. The company's financials, revenue generated, market potential, investment in R&D, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance are among the details that are included. The leading automotive players have started to focus on hardware and software platforms for in-vehicle and external communications.
April 2024: Associated with Hexagon, Leica Geosystems has unveiled the Leica iCON gps 120. This is a smart antenna that has been created in order to give construction professionals scalable as well as adaptable machine control solutions. The new Leica iCON 120 Machine Smart Antenna is built into the existing solution platform of Leica MC1. Because of its flexibility, scalability, and modularity, it extends the variety of applications and types of machines that can be used with machine control solutions. The Leica MC1 machine control solution can be tailored for compaction rollers used in construction, which usually need only sub-metre accuracy without heading. Therefore, it allows heavy construction equipment with different application requirements to work together seamlessly, sharing streamlined operations and consistent workflows.
The manufacturer claims that by using the machine control solution of Leica MC1, the client will complete tasks more accurately and quickly, making the fleet more efficient, substantially reducing waste, and enabling greener working. Construction customers can start with a single GNSS solution based on a satellite-based augmentation system (SBAS) or HxGN SmartNet PPP service. When their systems have to be advanced to higher specifications, there is an easy upgrade path from an RTK solution with low accuracy to an RTK solution with high accuracy by adding the communication unit Leica CR50.
Customers having a second iCON GPS 120 Machine Smart Antenna get a full dual GNSS solution with high accuracy along with heading. They should be customized according to requirements regardless of accuracy or specification regarding machine control so they will always fit due to easy mounting as well as dismounting, like a quick disconnect system between prepared machines under Leica MC1. Every need of construction professionals is met by a comprehensive range of software spelled out within the iCON portfolio brought forward by Leica Geosystems for use in construction. Digital solutions come in many forms, from basic functionality through advanced applications, but all have their place here depending on specific machines being worked on
| Report Attribute/Metric | Details |
| Market Size | 2030: USD 5.93 billion |
| (CAGR) | 14.20% CAGR (2022-2030) |
| Base year | 2021 |
| Forecast Period | 2022-2030 |
| Historical Data | 2020 |
| Forecast Units | Value (USD Billion) |
| Report Cover | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Frequency, Vehicle Type, and Sales Channel |
| Geographies Covered | North America, Europe, Asia-Pacific, and the Rest of the World (RoW) |
| Key Vendors | Ficosa International, S.A.(Spain), Continental AG (Germany), Hirschmann Car Communication GmbH (Germany), West Corporation (US), Ace Technologies Corp. (Korea), Antenova M2M (UK), WORLD PRODUCTS INC.(US), KATHREIN SE (Germany), and Laird (US) |
| Key Market Opportunities | The growing number of strategic alliances in the market |
| Key Market Drivers | Weight reduction due to easier cable routing and reduced cable length |
Automotive Smart Antenna Market Highlights:
Frequently Asked Questions (FAQ) :
The global automotive smart antenna market forecast period is 2022 - 2030
The market is expected to register a CAGR of ~14.20% over the next 10 years, according to the global automotive smart antenna market research.
Asia-Pacific is expected to register the highest CAGR during 2022 - 2030
Asia-Pacific is expected to register the highest CAGR during 2022 - 2030
North America held the largest share in 2021
The market size is expected to be USD 5.93 billion by 2030.
Ficosa International, S.A.(Spain), Continental AG (Germany), Hirschmann Car Communication GmbH (Germany), West Corporation (US), Ace Technologies Corp. (Korea), Antenova M2M (UK), WORLD PRODUCTS INC.(US), KATHREIN SE (Germany), and Laird (US) are the major companies operating in the global market.
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