The Latin America, Middle East and Africa Automotive Smart Antenna Market is expected to witness market growth of 14.4% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA 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 $113.3 million by 2031. The Argentina market is showcasing a CAGR of 15.3% during 2024-2031. Additionally, the UAE market would register a CAGR of 13.4% during 2024-2031.
The adoption of these smart antennas is accelerating as automakers increasingly focus on enhancing vehicle connectivity and safety. The rapid adoption of advanced communication systems, the implementation of 5G networks, and the growing shift towards autonomous vehicles all contribute to the rising demand for smart antennas.
One key factor driving the adoption of automotive smart antennas is the growing importance of connectivity in the automotive industry. Consumers now expect vehicles to be equipped with the latest communication technologies, such as high-speed internet, real-time navigation, and vehicle-to-vehicle communication.
Saudi Arabia’s automotive industry is the largest GCC, accounting for nearly 52% of all vehicles sold and 35% in the broader MENA region. In 2019, 556,000 vehicles were sold in Saudi Arabia, reflecting the country’s strong automotive demand. Although vehicle sales are expected to reach 543,000 units by 2025, the adoption of connected vehicle technology is rising steadily. Dubai’s Autonomous Transportation Strategy, which aims for 25% of all transportation to be autonomous by 2030, is a game-changer for the automotive sector. The Dubai Roads and Transport Authority (RTA) plans to deploy 4,000 autonomous taxis by 2030, integrating smart antenna technology for vehicle-to-vehicle (V2V) and vehicle-to-everything (V2X) communication. This technology will be essential for ensuring the safety and efficiency of autonomous vehicles by enabling high-speed data transfer and continuous connectivity. Therefore, the rising vehicle sales in Saudi Arabia and Dubai’s focus on autonomous transportation are collectively boosting the market in the region.
The Brazil market dominated the LAMEA 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 $113.3 million by 2031. The Argentina market is showcasing a CAGR of 15.3% during 2024-2031. Additionally, the UAE market would register a CAGR of 13.4% during 2024-2031.
The adoption of these smart antennas is accelerating as automakers increasingly focus on enhancing vehicle connectivity and safety. The rapid adoption of advanced communication systems, the implementation of 5G networks, and the growing shift towards autonomous vehicles all contribute to the rising demand for smart antennas.
One key factor driving the adoption of automotive smart antennas is the growing importance of connectivity in the automotive industry. Consumers now expect vehicles to be equipped with the latest communication technologies, such as high-speed internet, real-time navigation, and vehicle-to-vehicle communication.
Saudi Arabia’s automotive industry is the largest GCC, accounting for nearly 52% of all vehicles sold and 35% in the broader MENA region. In 2019, 556,000 vehicles were sold in Saudi Arabia, reflecting the country’s strong automotive demand. Although vehicle sales are expected to reach 543,000 units by 2025, the adoption of connected vehicle technology is rising steadily. Dubai’s Autonomous Transportation Strategy, which aims for 25% of all transportation to be autonomous by 2030, is a game-changer for the automotive sector. The Dubai Roads and Transport Authority (RTA) plans to deploy 4,000 autonomous taxis by 2030, integrating smart antenna technology for vehicle-to-vehicle (V2V) and vehicle-to-everything (V2X) communication. This technology will be essential for ensuring the safety and efficiency of autonomous vehicles by enabling high-speed data transfer and continuous connectivity. Therefore, the rising vehicle sales in Saudi Arabia and Dubai’s focus on autonomous transportation are collectively boosting the market in the region.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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. LAMEA Automotive Smart Antenna Market by Vehicle
Chapter 6. LAMEA Automotive Smart Antenna Market by Propulsion
Chapter 7. LAMEA Automotive Smart Antenna Market by Frequency
Chapter 8. LAMEA Automotive Smart Antenna Market by Sales Channel
Chapter 9. LAMEA Automotive Smart Antenna Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- 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
Methodology
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