Press release
Automotive Antenna Market Report 2023 : Market Size, Growth Drivers And Key Trends, Industry Forecast To 2032
Automotive Antenna Market
The Business Research Company's Automotive Antenna Global Market Report 2023 identifies rising sale of connected and autonomous vehicles as the major driver for the Automotive Antenna market's growth in the forecast period. Connected vehicles refer to a vehicle that can link to nearby devices via wireless networks. Autonomous vehicles refer to a vehicle that can sense their surroundings and function without human intervention.
The global automotive antenna market size is expected to grow from $6.08 billion in 2022 to $6.41 billion in 2023 at a compound annual growth rate (CAGR) of 5.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global automotive antenna market size is expected to grow to $7.76 billion in 2027 at a CAGR of 4.9%.
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Major competitors in the Automotive Antenna market are Kathrein Solutions GMBH, Harada Industry Co. Ltd., Yokogawa Electric Corporation, Fiam Energy Technology, Northeast Industries, Hirschmann, Taizhou Suzhong Antenna Group Co.
A key trend in the Automotive Antenna market includes product innovation. Major companies operating in the automotive antenna market are focusing on developing innovative antennas to sustain in the market. For instance, in March 2020, SIMCom, a China-based wireless communications company launched 4G/5G C-V2X vehicle-mounted smart antenna. 4G/5G C-V2X vehicle-mounted smart antenna is a highly complex antenna that integrates various functions. Throughput and coverage are maximized due to its most recent MIMO, multiband, and persity configuration, which supports all RF communication standards.
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https://www.thebusinessresearchcompany.com/report/automotive-antenna-global-market-report
The Automotive Antenna market is segmented -
• By Product Type: Fin Type , Rod Type, Screen And Film Type
• By Vehicle Type: Commercial Vehicles, Passengers Cars
• By Frequency Range: Low Range, Medium Range, High Range
• By End User: Aftermarket, Original equipment manufacturer (OEM)
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Automotive Antenna market.
The Business Research Company's "Global Automotive Antenna Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Automotive Antenna Market Include:
1. Executive Summary
2. Automotive Antenna Market Characteristics
3. Automotive Antenna Market Trends And Strategies
4. Automotive Antenna Market - Macro Economic Scenario
5. Automotive Antenna Market Size And Growth
……………………………………………………………………..
26. Africa Automotive Antenna Market
27. Automotive Antenna Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Antenna Market
29. Automotive Antenna Market Future Outlook and Potential Analysis
30. Appendix
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