Automotive Antenna Market Key Players, Trends, Growth Opportunities and Industry Forecast till 2022
“The factors that are playing a major role in the growth of market are the high demand for wireless connectivity in vehicles, rise in production of luxury vehicles, and rising use of enhanced connectivity technologies in vehicles.�
Global automotive antenna market is expected to grow at a significant CAGR of 6.5% in the upcoming period as the scope and its applications are rising enormously across the globe. The automotive antenna facilitates communication and allows a moving vehicle to connect to the outside world. The aim is to enhance the driving experience and increase safety by using wireless communication to perform the task. The factors that are playing a major role in the growth of market are the high demand for wireless connectivity in vehicles, rise in production of luxury vehicles, and rising use of enhanced connectivity technologies in vehicles. However, regular updates in technology may restrain overall market growth in the years to come. Automotive antenna market is segmented based on the frequency range, vehicle type, technology, end-user, and region. High range, low range, and medium range frequency could be explored in an automotive antenna in the forecast period. The high and medium range frequency accounted for the majority market share of the automotive antenna and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the high demand from mid-sized and luxury vehicles. Get Sample Copy of this Report @ https://www.millioninsights.com/industry-reports/automotive-antenna-market/request-sample Electric vehicles, passenger vehicles, and commercial vehicles are the vehicle types that could be explored in the automotive antenna in the forecast period. Electric vehicle sector comprises hybrid vehicles, batteryoperated electric vehicles, and plug-in hybrid vehicles. Passenger vehicles comprise sports utility vehicles,
hatchback cars, multi-purpose vehicles, and sedans. Commercial vehicles comprise heavy and lightweight vehicles. Monopoles, patch antenna, on-glass antenna, glued foil antenna, and fractal antenna are the technologies that could be explored in an automotive antenna in the forecast period. Based on services, Short- and medium wave bands, Digital Radio Mondiale (DRM), VHF-band and UHF-band, Digital broadcasting systems, IBOC system, and Satellite Digital Audio Radio System (SDARS) could classify automotive antenna in the forecast period. The market could be categorized based on end-users like aftermarket, original equipment manufacturers (OEM), and others could be explored in the forecast period. The OEM sector accounted for the substantial market share of the automotive antenna and is estimated to lead the overall market in the years to come. In addition, the aftermarket sector is estimated to grow at the fastest pace in the years to come. The reason could be the high acceptance of automotive antenna module in commercial and old vehicles. Globally, North America accounted for the substantial market share of the automotive antenna and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the expansion of the automotive sector, rising use of enhanced technology, and growing acceptance rate of wireless connectivity. The United States is a major consumer of the automotive antenna in this region. Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The key players of automotive antenna market are Yokowo Co., Ltd., Continental AG, Amphenol Corporation, HARADA INDUSTRY CO., LTD., Laird, Delphi Technologies, Hirschmann Car Communication, KATHREIN-Werke KG, and Schaffner Group. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition. Browse Related Category Market Reports @ https://www.millioninsights.com/industry/automotive-and-parts
Market Segment: Key Applications • Passenger Car • Commercial Vehicle Key Regions • North America • Europe • Asia Pacific • Middle East and Africa • South America Key Vendors • Ace Technology • Delphi • Harada • Hirschmann • Kathrein • Laird Technologies • Schaffner • Sumida • Taizhou Suzhong • Yokowo • request free sample to get a complete list of companies Key Questions Answered in this Report • What will the market size be in 2022? • What are the key factors driving the global automotive antenna market? • What are the challenges to market growth? • Who are the key players in the automotive antenna market? • What are the market opportunities and threats faced by the key players?
Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com
Global Headquarters
Asia Pacific
Million Insights
Million Insights
Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States
Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India
Phone: 1-408-610-2300 Email: sales@millioninsights.com
Phone: 91-20-65300184 Email: sales@millioninsights.com