The Asia Pacific Automotive Smart Antenna Market is expected to witness market growth of 12.2% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific 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 $615 million by 2031. The Japan market is registering a CAGR of 11.5% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 13.1% during 2024-2031.
ADAS technologies such as collision avoidance, lane-keeping assist, adaptive cruise control, and parking assistance require high-performance antenna systems to support sensors and communication protocols. Integrating smart antennas in ADAS is essential for ensuring reliable and accurate data exchange between the vehicle and its surroundings.
These smart antennas also contribute to safety and security features, including emergency response services, vehicle tracking, and theft deterrence systems. Antennas enable real-time communication with emergency services in case of an accident or vehicle breakdown, ensuring faster response times and better outcomes.
China remains the global leader in vehicle sales and manufacturing, with 26 million vehicles sold in 2021, of which 21.48 million were passenger vehicles, representing a 7.1% year-over-year growth. According to the International Trade Administration (ITA), domestic production will reach 35 million vehicles by 2025. This rapid expansion in production and sales and the growing adoption of electric and connected vehicles drive demand for advanced communication solutions like automotive smart antennas. India’s automotive industry, valued at over $222 billion, contributes 35% to the country’s manufacturing GDP. With 22.93 million vehicles produced annually, India has secured a strong position in the global heavy vehicles industry. It is the largest tractor manufacturer, the second-largest bus manufacturer, and the third-largest heavy truck manufacturer worldwide. As India transitions towards connected and smart vehicles, the demand for these smart antennas is rising. Hence, the rapid growth of the automotive industries in India and China is set to propel the market.
The China market dominated the Asia Pacific 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 $615 million by 2031. The Japan market is registering a CAGR of 11.5% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 13.1% during 2024-2031.
ADAS technologies such as collision avoidance, lane-keeping assist, adaptive cruise control, and parking assistance require high-performance antenna systems to support sensors and communication protocols. Integrating smart antennas in ADAS is essential for ensuring reliable and accurate data exchange between the vehicle and its surroundings.
These smart antennas also contribute to safety and security features, including emergency response services, vehicle tracking, and theft deterrence systems. Antennas enable real-time communication with emergency services in case of an accident or vehicle breakdown, ensuring faster response times and better outcomes.
China remains the global leader in vehicle sales and manufacturing, with 26 million vehicles sold in 2021, of which 21.48 million were passenger vehicles, representing a 7.1% year-over-year growth. According to the International Trade Administration (ITA), domestic production will reach 35 million vehicles by 2025. This rapid expansion in production and sales and the growing adoption of electric and connected vehicles drive demand for advanced communication solutions like automotive smart antennas. India’s automotive industry, valued at over $222 billion, contributes 35% to the country’s manufacturing GDP. With 22.93 million vehicles produced annually, India has secured a strong position in the global heavy vehicles industry. It is the largest tractor manufacturer, the second-largest bus manufacturer, and the third-largest heavy truck manufacturer worldwide. As India transitions towards connected and smart vehicles, the demand for these smart antennas is rising. Hence, the rapid growth of the automotive industries in India and China is set to propel 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
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
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. Asia Pacific Automotive Smart Antenna Market by Vehicle
Chapter 6. Asia Pacific Automotive Smart Antenna Market by Propulsion
Chapter 7. Asia Pacific Automotive Smart Antenna Market by Frequency
Chapter 8. Asia Pacific Automotive Smart Antenna Market by Sales Channel
Chapter 9. Asia Pacific 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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