888-776-0942 from 8 AM - 10 PM ET
The Asia Pacific Automotive Smart Antenna Market is being significantly pushed by strong economic growth. Europe is expected to account for a significant part of the global automotive smart antenna industry.
NEWARK, Del. , Oct. 13, 2022 /PRNewswire/ -- As per the report published by FMI, the global automotive smart antenna market is projected to have a rapid-paced CAGR of 12.2% during the forecast period. The current valuation of the market is US$ 3.94 Billion in 2022. The market value of automotive smart antennas is anticipated to reach a high of US$ 12.45 Billion by the year 2032. The base year recorded a valuation of US$ 3.44 Billion .
The automotive smart antenna is anticipated to play an integral role in establishing communication to enhance the safety and performance of the vehicles. This product is allowing original equipment manufacturers (OEMs) to fulfill customer requirements for infotainment services.
Get Sample PDF Brochure: https://www.futuremarketinsights.com/reports/sample/rep-gb-8257
While analyzing the automotive smart antenna market, an expert analyst reveals that gradual increase in the incorporation of wireless technology and positioning technologies such as Wi-Fi, Bluetooth, 3G/4 LTE, vehicle-to-vehicle (V2V), and vehicle-to-anything (V2X) connecting technologies in vehicles is expected to drive the global automotive smart antenna market in the current and future years.
According to the findings of Future Market Insights, smart antennas are expected to reduce the overall costs and weight of automobiles with the benefits of easier cable routing and reduced cable length, without affecting the overall design of the automotive since they are completely invisible. Improvised connectivity in automobiles is enhancing the user's experience such as a stronger interface community, active steering, and improved connectivity. Therefore, the automotive smart antenna market is likely to have a significant rise in demand during the estimated period.
FMI has analyzed that automotive smart antennas are becoming the most pivotal component of position location systems and they are also crucial in telematics devices, allowing easy detection of locations. However, the lack of developed infrastructure in some developing countries may create a barrier to wireless technology and in-vehicle connectivity, hampering the progression of the automotive smart antenna in the coming years.
Key Takeaways from the Automotive Smart Antennas Market
"The rising concern about traffic congestion and the increasing demand for dashboard features are likely to create lucrative growth opportunity for the market players of the automotive smart antennas market." – Says an FMI Analyst
Browse Detailed Summary of Research Report with TOC: https://www.futuremarketinsights.com/reports/automotive-smart-antenna-market
Competition Landscape in the Automotive Smart Antennas Market
The market can be described as a competitive market. The key companies have adopted several strategies to broaden their customer base worldwide. Furthermore, the manufacturers are indulging in several growth strategies with frequent innovation of smart automotive smart antennas to provide consumers with a seamless, safe, and comfortable experience.
Ace Technologies Corp., Antenova Ltd., Beijing BDStar Navigation Co. Ltd., Calearo Antenne SPA, Continental AG, Harada Industry Co. Ltd., INFAC Corp., INPAQ Technology Co. Ltd., Koch Industries Inc., Lorom Industrial Co. Ltd., LS MTRON Ltd., Panasonic Corp., Samsung Electronics Co. Ltd. are some of the key players in the market.
Key Segments Covered in the Automotive Smart Antenna Report
Recent Developments in the Automotive Smart Antennas Market:
Speak to our Research Expert: https://www.futuremarketinsights.com/ask-question/rep-gb-8257
1.1. Global Market Outlook
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer's
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter's Analysis
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Automotive Smart Antenna Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
Download PDF Brochure @ https://www.futuremarketinsights.com/reports/brochure/rep-gb-8257
About FMI – Automotive and Transportation
The Automotive and Transportation division of FMI provides exclusive coverage and actionable insights about automotive and transportation industry encompassing automotive, aviation, shipping and marine, and railway sectors. Market findings and competition intelligence of OEM, aftermarket, services and technology landscape have helped numerous industry stakeholders' right from automakers, component manufacturers, channel partners and service providers in taking informed decisions and keeping them up-to-date with market behaviour.
Have a Look at Trending Research Reports of Automotive Domain
Automotive Cylinder Liner Market : to grow with a year over year growth of 3.4% in 2021 reaching a value of about US$ 4,573.1 Mn by 2021 end, anticipated to witness a considerable CAGR of 3.5% by value during the period of 2022 and 2027.
Automotive Control Cable Market : is estimated to exceed US$ 2.5 Bn by 2022. The demand in the global automotive control cable market is expected to create an absolute dollar opportunity of nearly US$ 3.4 Bn through 2029, growing at a CAGR of 4.6% over the forecast period 2022-2029.
ADAS Sensors Market : is slated to top US$ 15 Bn in 2022. Increasing preference for enhanced driver comfort and safety in passenger vehicles is expected to boost sales at an impressive 14.1% CAGR over the forecast period, with the market valuation reaching US$ 43.2 Bn in 2030.
Automotive Display Units Market : witnessed historical CAGR of 6.2% for 2014- 2021. The global automotive display unit market is forecasted to witness a considerable value CAGR of 8.3% during the forecast period 2022 and 2029.
Automotive Active Purge Pump Market : is slated to witness impressive growth at 11.2% CAGR between 2021 and 2031. The overall market valuation will total US$ 192 Mn in 2031, up from US$ 66.3 Mn recorded in 2021.
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA . A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Contact: Future Market Insights, Inc. Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, USA T: +1-845-579-5705 Enquiries: [email protected]
Logo: https://mma.prnewswire.com/media/1197648/FMI_Logo.jpg
More news releases in similar topics
Cision Distribution 888-776-0942 from 8 AM - 9 PM ET