The North America Automotive Smart Antenna Market is expected to witness market growth of 11.1% CAGR during the forecast period (2024-2031).
The US market dominated the North America Automotive Smart Antenna Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.24 billion by 2031. The Canada market is experiencing a CAGR of 13.5% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 12.6% during 2024-2031.
The automotive industry has undergone significant technological advancements over the past few decades, with innovations designed to enhance safety, connectivity, and overall driving experience. One of the most transformative developments in automotive technology is the emergence of smart antenna systems.
Smart antennas are integral to the vehicle’s communication system, allowing for the seamless transmission and reception of signals for numerous in-vehicle technologies. With the rise of 5G networks, the proliferation of advanced driver-assistance systems (ADAS), and the growing demand for enhanced infotainment, this market is poised for rapid expansion.
Mexico ranks seventh in the world for passenger car production, with 3.5 million cars manufactured annually, according to the International Trade Administration (ITA). Of these, 88% are exported, with the U.S. being the destination for 76%. This strong export orientation, particularly to the U.S., makes it essential for Mexican automakers to integrate advanced technologies like smart antennas to meet the growing demand for connected vehicles in international markets. The U.S. is at the forefront of the autonomous vehicle revolution, with projections from the National Association of Insurance Commissioners estimating that 3.5 million self-driving vehicles will be on U.S. roads by 2025, increasing to 4.5 million by 2030. Autonomous vehicles rely heavily on advanced communication systems for navigation, real-time data sharing, and safety features. Automotive smart antennas enable V2X communication, helping autonomous vehicles interact with traffic infrastructure, other vehicles, and external networks. Thus, the expanding automotive production in Mexico and the rising deployment of autonomous vehicles in the U.S. are accelerating the growth of the market.
The US market dominated the North America Automotive Smart Antenna Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.24 billion by 2031. The Canada market is experiencing a CAGR of 13.5% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 12.6% during 2024-2031.
The automotive industry has undergone significant technological advancements over the past few decades, with innovations designed to enhance safety, connectivity, and overall driving experience. One of the most transformative developments in automotive technology is the emergence of smart antenna systems.
Smart antennas are integral to the vehicle’s communication system, allowing for the seamless transmission and reception of signals for numerous in-vehicle technologies. With the rise of 5G networks, the proliferation of advanced driver-assistance systems (ADAS), and the growing demand for enhanced infotainment, this market is poised for rapid expansion.
Mexico ranks seventh in the world for passenger car production, with 3.5 million cars manufactured annually, according to the International Trade Administration (ITA). Of these, 88% are exported, with the U.S. being the destination for 76%. This strong export orientation, particularly to the U.S., makes it essential for Mexican automakers to integrate advanced technologies like smart antennas to meet the growing demand for connected vehicles in international markets. The U.S. is at the forefront of the autonomous vehicle revolution, with projections from the National Association of Insurance Commissioners estimating that 3.5 million self-driving vehicles will be on U.S. roads by 2025, increasing to 4.5 million by 2030. Autonomous vehicles rely heavily on advanced communication systems for navigation, real-time data sharing, and safety features. Automotive smart antennas enable V2X communication, helping autonomous vehicles interact with traffic infrastructure, other vehicles, and external networks. Thus, the expanding automotive production in Mexico and the rising deployment of autonomous vehicles in the U.S. are accelerating the growth of the market.
List of Key Companies Profiled
- Continental AG
- Denso Corporation
- TE Connectivity Ltd.
- HELLA GmbH & Co. KGaA (Forvia SE)
- NXP Semiconductors N.V.
- Robert Bosch GmbH
- Harman International Industries, Inc. (Samsung Electronics Co., Ltd.)
- Molex, LLC (Koch Industries, Inc.)
- TDK Corporation
- Ficosa International S.A
Market Report Segmentation
By Vehicle
- Passenger Vehicles
- Commercial Vehicles
By Propulsion
- Non-electric
- Electric
By Frequency
- Ultra-High
- Very High
- High
By Sales Channel
- OEM
- Aftermarket
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Automotive Smart Antenna Market by Vehicle
Chapter 6. North America Automotive Smart Antenna Market by Propulsion
Chapter 7. North America Automotive Smart Antenna Market by Frequency
Chapter 8. North America Automotive Smart Antenna Market by Sales Channel
Chapter 9. North America Automotive Smart Antenna Market by Country
Chapter 10. Company Profiles
