The automotive antenna market size has grown strongly in recent years. It will grow from $6.34 billion in 2023 to $6.69 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%. During the historical period, growth in this sector can be attributed to several factors including the escalating demand for enhanced connectivity requirements, governmental initiatives supporting technological advancements, the upsurge in vehicle production rates, the rapid pace of urbanization, and consumer preferences emphasizing the integration of infotainment systems within vehicles.
The automotive antenna market size is expected to see strong growth in the next few years. It will grow to $8.29 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. Anticipated growth in the forecast period is expected to be driven by the integration of 5G technology, the increasing prominence of electric vehicles (EVs), the emergence of vehicle-to-everything (V2X) communication, the growing demand for advanced safety features, and the sustained need for connectivity. Key trends projected in this period encompass the adoption of smart antenna technology, the implementation of 5G connectivity within vehicles, a heightened focus on vehicle-to-everything (V2X) communication, the utilization of flexible and printed antenna technologies, and advancements in enhanced security features.
The increasing sales of connected and autonomous vehicles are playing a significant role in driving the growth of the automotive antenna market. Connected vehicles, capable of wireless communication with nearby devices, and autonomous vehicles, which can function without human intervention, utilize automotive antennas for various communication and connectivity applications. These applications include V2X (vehicle-to-everything), modems, GNSS (global navigation satellite system), SDARS (satellite digital audio radio service), Wi-Fi, and Bluetooth. For example, Stellantis, a Netherlands-based automotive manufacturing company, projects a growth in monetizable connected cars from 12 million in 2021 to 34 million in 2025. Capgemini, a France-based information technology service, forecasts that autonomous cars will constitute 15% of global car sales, with an annual sales expectation of 95 million by 2035. This surge in the sale of connected and autonomous vehicles is expected to drive the automotive antenna market.
The expansion of 5G networks is a key factor driving the automotive antenna market forward. 5G networks, known for their advanced wireless communication capabilities such as faster data speeds, low latency, and increased connectivity, enhance the functionality of automotive antennas. These antennas facilitate faster, more reliable, and secure communication within and between vehicles, contributing to various applications, including enhanced mobile services and the Internet of Things (IoT). T-Mobile International AG, a Germany-based mobile telecommunications company, reported over 1 billion active 5G subscriptions in February 2023, with a projected 5 billion individuals expected to have 5G subscriptions by the end of 2028. The expansion of 5G networks is therefore a significant driver for the automotive antenna market.
Innovation in antenna technology, exemplified by products such as the Windshield Mount Antenna, is a strategic focus for major companies in the automotive antenna market. The Windshield Mount Antenna, installed on the windshield of vehicles, enhances connectivity. Airgain, Inc., a US-based antenna manufacturer, introduced the UltraMax Glass 5G high-performance windshield in August 2023. This antenna is designed to provide exceptional LTE and 5G connectivity, supporting multiple frequency bands with a 5-in-1 configuration. The versatile design ensures high-performance connectivity, making it suitable for fleet and public safety vehicles. Major companies are investing in innovative antenna solutions to maintain a strong market position.
Prominent companies in the automotive antenna market are embracing innovative technologies, exemplified by the adoption of vehicle GPS antennas, to fortify their market standing. Vehicle GPS antennas are specialized antennas crafted for Global Positioning System (GPS) applications within vehicles. A noteworthy example is the introduction of Advanced Vehicle GPS Antennas by KP Performance Inc., a US-based antenna manufacturer, in September 2023. Distinguished by an impressive high gain of 28 dB, these antennas exhibit exceptional sensitivity, enabling them to effectively capture weak signals even in challenging environments such as crowded cities or remote rural landscapes. The Advanced Vehicle GPS Antennas from KP Performance Inc. offer outstanding signal quality and stability, enhancing tracking and navigation accuracy by minimizing multipath effects and mitigating signal interference through high out-of-band rejection.
In October 2021, TE Connectivity, a Switzerland-based technology company specializing in the design and manufacture of connectors and sensors across various industries, acquired Laird External Antennas for an undisclosed amount. This acquisition strategically enhances TE Connectivity's portfolio by incorporating Laird External Antennas, a US-based company renowned for its expertise in designing, manufacturing, and customizing antennas and wireless connectivity solutions. The addition of Laird External Antennas further solidifies TE Connectivity's position in the automotive antenna market, reinforcing its commitment to providing diverse and advanced antenna solutions for the evolving needs of the automotive industry.
Major companies operating in the automotive antenna market report are Kathrein Solutions GMBH, Harada Industry Co. Ltd., Yokogawa Electric Corporation, FIAMM Energy Technology, Northeast Industries Group Corp., Hirschmann Laborgeräte GmbH & Co. KG, Taizhou Suzhong Antenna Group Co., Ace Technologies Corp., Shenzhen Tuko Technology Co. Ltd., INZI Controls Co. Ltd., Guangdong Shenglu Telecommunication Tech. Co. Ltd., SHIEN LIEN ENT Co. Ltd., Tianyi Satcom Co. Ltd., Continental AG, STMicroelectronics NV, Laird Technologies, Schaffner Holding AG, Hella KGaA Hueck & Co., TE Connectivity, Ficosa International SA, Denso Corporation, Harman International Industries, Amphenol Corporation, Molex LLC, Rosenberger Hochfrequenztechnik GmbH & Co. KG, Pulse Electronics Corporation, Taoglas Group Holdings Limited, PCTEL Inc., Antenova Limited, Galtronics Corporation Ltd.
North America was the largest region in the automotive antenna market in 2023. Asia-Pacific is expected to be the fastest-growing region in the automotive antenna market report during the forecast period. The regions covered in the automotive antenna market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the automotive antenna market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary types of automotive antennas include the fin type, rod type, and screen and film type. Fin-type antennas typically resemble a shark's fin in shape. These antennas are utilized across different vehicle categories, including commercial vehicles and passenger cars. They operate within various frequency ranges such as low, medium, and high, catering to end-users in both the aftermarket and original equipment manufacturers (OEM) sectors.
The automotive antenna market research report is one of a series of new reports that provides automotive antenna market statistics, including automotive antenna industry global market size, regional shares, competitors with automotive antenna market share, detailed automotive antenna market segments, market trends, and opportunities, and any further data you may need to thrive in the automotive antenna industry. This automotive antenna market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The automotive antenna market size is expected to see strong growth in the next few years. It will grow to $8.29 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. Anticipated growth in the forecast period is expected to be driven by the integration of 5G technology, the increasing prominence of electric vehicles (EVs), the emergence of vehicle-to-everything (V2X) communication, the growing demand for advanced safety features, and the sustained need for connectivity. Key trends projected in this period encompass the adoption of smart antenna technology, the implementation of 5G connectivity within vehicles, a heightened focus on vehicle-to-everything (V2X) communication, the utilization of flexible and printed antenna technologies, and advancements in enhanced security features.
The increasing sales of connected and autonomous vehicles are playing a significant role in driving the growth of the automotive antenna market. Connected vehicles, capable of wireless communication with nearby devices, and autonomous vehicles, which can function without human intervention, utilize automotive antennas for various communication and connectivity applications. These applications include V2X (vehicle-to-everything), modems, GNSS (global navigation satellite system), SDARS (satellite digital audio radio service), Wi-Fi, and Bluetooth. For example, Stellantis, a Netherlands-based automotive manufacturing company, projects a growth in monetizable connected cars from 12 million in 2021 to 34 million in 2025. Capgemini, a France-based information technology service, forecasts that autonomous cars will constitute 15% of global car sales, with an annual sales expectation of 95 million by 2035. This surge in the sale of connected and autonomous vehicles is expected to drive the automotive antenna market.
The expansion of 5G networks is a key factor driving the automotive antenna market forward. 5G networks, known for their advanced wireless communication capabilities such as faster data speeds, low latency, and increased connectivity, enhance the functionality of automotive antennas. These antennas facilitate faster, more reliable, and secure communication within and between vehicles, contributing to various applications, including enhanced mobile services and the Internet of Things (IoT). T-Mobile International AG, a Germany-based mobile telecommunications company, reported over 1 billion active 5G subscriptions in February 2023, with a projected 5 billion individuals expected to have 5G subscriptions by the end of 2028. The expansion of 5G networks is therefore a significant driver for the automotive antenna market.
Innovation in antenna technology, exemplified by products such as the Windshield Mount Antenna, is a strategic focus for major companies in the automotive antenna market. The Windshield Mount Antenna, installed on the windshield of vehicles, enhances connectivity. Airgain, Inc., a US-based antenna manufacturer, introduced the UltraMax Glass 5G high-performance windshield in August 2023. This antenna is designed to provide exceptional LTE and 5G connectivity, supporting multiple frequency bands with a 5-in-1 configuration. The versatile design ensures high-performance connectivity, making it suitable for fleet and public safety vehicles. Major companies are investing in innovative antenna solutions to maintain a strong market position.
Prominent companies in the automotive antenna market are embracing innovative technologies, exemplified by the adoption of vehicle GPS antennas, to fortify their market standing. Vehicle GPS antennas are specialized antennas crafted for Global Positioning System (GPS) applications within vehicles. A noteworthy example is the introduction of Advanced Vehicle GPS Antennas by KP Performance Inc., a US-based antenna manufacturer, in September 2023. Distinguished by an impressive high gain of 28 dB, these antennas exhibit exceptional sensitivity, enabling them to effectively capture weak signals even in challenging environments such as crowded cities or remote rural landscapes. The Advanced Vehicle GPS Antennas from KP Performance Inc. offer outstanding signal quality and stability, enhancing tracking and navigation accuracy by minimizing multipath effects and mitigating signal interference through high out-of-band rejection.
In October 2021, TE Connectivity, a Switzerland-based technology company specializing in the design and manufacture of connectors and sensors across various industries, acquired Laird External Antennas for an undisclosed amount. This acquisition strategically enhances TE Connectivity's portfolio by incorporating Laird External Antennas, a US-based company renowned for its expertise in designing, manufacturing, and customizing antennas and wireless connectivity solutions. The addition of Laird External Antennas further solidifies TE Connectivity's position in the automotive antenna market, reinforcing its commitment to providing diverse and advanced antenna solutions for the evolving needs of the automotive industry.
Major companies operating in the automotive antenna market report are Kathrein Solutions GMBH, Harada Industry Co. Ltd., Yokogawa Electric Corporation, FIAMM Energy Technology, Northeast Industries Group Corp., Hirschmann Laborgeräte GmbH & Co. KG, Taizhou Suzhong Antenna Group Co., Ace Technologies Corp., Shenzhen Tuko Technology Co. Ltd., INZI Controls Co. Ltd., Guangdong Shenglu Telecommunication Tech. Co. Ltd., SHIEN LIEN ENT Co. Ltd., Tianyi Satcom Co. Ltd., Continental AG, STMicroelectronics NV, Laird Technologies, Schaffner Holding AG, Hella KGaA Hueck & Co., TE Connectivity, Ficosa International SA, Denso Corporation, Harman International Industries, Amphenol Corporation, Molex LLC, Rosenberger Hochfrequenztechnik GmbH & Co. KG, Pulse Electronics Corporation, Taoglas Group Holdings Limited, PCTEL Inc., Antenova Limited, Galtronics Corporation Ltd.
North America was the largest region in the automotive antenna market in 2023. Asia-Pacific is expected to be the fastest-growing region in the automotive antenna market report during the forecast period. The regions covered in the automotive antenna market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the automotive antenna market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary types of automotive antennas include the fin type, rod type, and screen and film type. Fin-type antennas typically resemble a shark's fin in shape. These antennas are utilized across different vehicle categories, including commercial vehicles and passenger cars. They operate within various frequency ranges such as low, medium, and high, catering to end-users in both the aftermarket and original equipment manufacturers (OEM) sectors.
The automotive antenna market research report is one of a series of new reports that provides automotive antenna market statistics, including automotive antenna industry global market size, regional shares, competitors with automotive antenna market share, detailed automotive antenna market segments, market trends, and opportunities, and any further data you may need to thrive in the automotive antenna industry. This automotive antenna market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Automotive Antenna Market Characteristics3. Automotive Antenna Market Trends and Strategies31. Global Automotive Antenna Market Competitive Benchmarking32. Global Automotive Antenna Market Competitive Dashboard33. Key Mergers and Acquisitions in the Automotive Antenna Market
4. Automotive Antenna Market - Macro Economic Scenario
5. Global Automotive Antenna Market Size and Growth
6. Automotive Antenna Market Segmentation
7. Automotive Antenna Market Regional and Country Analysis
8. Asia-Pacific Automotive Antenna Market
9. China Automotive Antenna Market
10. India Automotive Antenna Market
11. Japan Automotive Antenna Market
12. Australia Automotive Antenna Market
13. Indonesia Automotive Antenna Market
14. South Korea Automotive Antenna Market
15. Western Europe Automotive Antenna Market
16. UK Automotive Antenna Market
17. Germany Automotive Antenna Market
18. France Automotive Antenna Market
19. Italy Automotive Antenna Market
20. Spain Automotive Antenna Market
21. Eastern Europe Automotive Antenna Market
22. Russia Automotive Antenna Market
23. North America Automotive Antenna Market
24. USA Automotive Antenna Market
25. Canada Automotive Antenna Market
26. South America Automotive Antenna Market
27. Brazil Automotive Antenna Market
28. Middle East Automotive Antenna Market
29. Africa Automotive Antenna Market
30. Automotive Antenna Market Competitive Landscape and Company Profiles
34. Automotive Antenna Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Automotive Antenna Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on automotive antenna market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for automotive antenna? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
Markets Covered:1) By Product Type: Fin Type ; Rod Type; Screen and Film Type
2) By Vehicle Type: Commercial Vehicles; Passengers Cars
3) By Frequency Range: Low Range; Medium Range; High Range
4) By End User: Aftermarket; Original equipment manufacturer (OEM)
Companies Mentioned: Kathrein Solutions GMBH; Harada Industry Co. Ltd.; Yokogawa Electric Corporation; FIAMM Energy Technology; Northeast Industries Group Corp.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Kathrein Solutions GMBH
- Harada Industry Co. Ltd.
- Yokogawa Electric Corporation
- FIAMM Energy Technology
- Northeast Industries Group Corp.
- Hirschmann Laborgeräte GmbH & Co. KG
- Taizhou Suzhong Antenna Group Co.
- Ace Technologies Corp.
- Shenzhen Tuko Technology Co. Ltd.
- INZI Controls Co. Ltd.
- Guangdong Shenglu Telecommunication Tech. Co. Ltd.
- SHIEN LIEN ENT Co. Ltd.
- Tianyi Satcom Co. Ltd.
- Continental AG
- STMicroelectronics NV
- Laird Technologies
- Schaffner Holding AG
- Hella KGaA Hueck & Co.
- TE Connectivity
- Ficosa International SA
- Denso Corporation
- Harman International Industries
- Amphenol Corporation
- Molex LLC
- Rosenberger Hochfrequenztechnik GmbH & Co. KG
- Pulse Electronics Corporation
- Taoglas Group Holdings Limited
- PCTEL Inc.
- Antenova Limited
- Galtronics Corporation Ltd.
Methodology
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