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Automotive Transparent Antenna Market [2023-2031] Research Reports, Industry Size, Growth Opportunity, Regional Analysis

11-28-2023 09:10 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Report Ocean

Automotive Transparent Antenna Market [2023-2031] Research

The global automotive transparent antenna market size was US$ 261.7 million in 2021. The global automotive transparent antenna market is forecast to grow to US$ 471.8 million by 2030 by registering a compound annual growth rate (CAGR) of 7.1% during the forecast period from 2022 to 2030.

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COVID-19 Impact Analysis:
COVID-19 has quickly spread to several countries and regions, wreaking havoc on the economic condition of various nations. A major threat to international trade, the economy, and finance has developed from a human health concern. Significant firms are also worried about supply chain disruptions and a potential reduction in consumer disposable income. This is because numerous precautionary lockdown measures have been enforced by governments around the world. Thus, all of these factors indicate that the automotive transparent antennas market witnessed a sharp decline in terms of revenue due to the pandemic.

Factors Influencing the Market:
The increasing use of nanotechnology is projected to spur market expansion. Transparent vehicle antennas are becoming more and more popular as a result of the usage of nanocarbon, metallic nanowires, and others. Apart from that, the wide applications of automotive transparent antenna in the passenger car sector will benefit the market during the forecast period. Growing disposable income and increasing demand for hybrid vehicles will also contribute to the growth of the automotive transparent antenna market during the study period.
Along with these factors, the market is anticipated to grow over the projected period due to the increasing demand for vehicle safety features such as automated emergency braking, lane-keeping assistance, blind-spot monitoring, adaptive cruise control, cross-traffic warning, and others.
Emerging economies such as India, China are putting effort into the expansion of the automotive industry. As a result, it will benefit the automotive transparent antenna market during the study period.

Regional Analysis
Due to the rising popularity of hybrid vehicles in the region, North America currently holds the top spot in the global automotive transparent antenna market in terms of revenue. The market will also expand as a result of expanding technological developments and the existence of significant market players in the area. Apart from that, the Asia-Pacific automotive transparent antenna market will record potential growth due to favourable government rules aimed at increasing the adoption of hybrid vehicles. In addition, other factors like growing disposable income and the presence of a large number of automotive manufacturers in the region are forecast to accelerate the growth of the automotive transparent antenna market during the study period.

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Competitors in the Market
• TE Connectivity
• Meta Materials, Inc.
• Venti Group
• Eastman Kodak Company
• Pulse Electronics
• AGC
• Panasonic
• DNP Group
• TDK
• Teijin Corporation
• Other Prominent Players

The report furnishes an intricate comprehension of each segment, delivering potential estimations for principal applications and insights into emerging prospects. Every regional market is meticulously scrutinized to ascertain its potential for growth, development, and demand in the forthcoming years.

As of the end of 2022, the Automotive Transparent Antenna industry experienced notable growth in its workforce. Starting in January, employment within the Automotive Transparent Antenna sector exceeded its pre-COVID levels, resulting in an expansion of payrolls by over 15,000 employees throughout the course of the year. The global Automotive Transparent Antenna output demonstrated a remarkable increase of 5.2% during 2021, primarily attributed to a widespread economic upswing and a surge in demand for commodities. However, the momentum shifted in 2022, with the global industrial sector's production contracting. This reversal followed a robust expansion in 2021, fueled by altered consumer spending patterns and substantial fiscal support.

Forecasts indicate that the global Automotive Transparent Antenna output is set to rise by approximately 2.9% in 2023. This projection is underpinned by the gradual recovery of production in Western Europe from its previous troughs, as well as a rebound in output across the Asia/Pacific region. Maintaining its dominant position, China, accounting for nearly 45% of the global Automotive Transparent Antenna market, remains both its largest producer and consumer. Remarkably, China's market share has surged since 2010, when it stood at around 26%. This ascent has led to a substantial contribution to the nation's GDP. Notably excelling as a top exporter, China leads in various sectors, including silicon, PVC, and several specific segments of the Automotive Transparent Antenna market.

Market Segmentation
The global automotive transparent antenna market segmentation focuses on transparent conductive oxides, frequency, component, end-user, and region.
By Material Type Outlook
• Transparent Conductive Oxides
• Nanowire
• Conductive Polymer
• Nano Carbon

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By Frequency Type Outlook
• High frequency
• Very-high frequency
• Ultra-high frequency
By Component Outlook
• Transceivers
• ECU
• Other components
By End User Outlook
• Passenger Vehicles
• Commercial Vehicles
By Region
● North America
o The U.S.
o Canada
o Mexico
● Europe
▪ Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
▪ Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
● Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
● Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
● South America
o Brazil
o Argentina
o Rest of South America

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Table of Contents:

Chapter 1: Introduction to the Global Automotive Transparent Antenna Industry

Chapter 3: Dynamics of the Market

Chapter 4: Profiles of Leading Companies

Chapter 5: Competition in the Global Automotive Transparent Antenna Market among Players

Chapter 6: Market Size across Global Regions

Chapter 7: Application Segments in the Global Market

Chapter 8: Segment Analysis of the Global Automotive Transparent Antenna Industry

Chapter 9: Market Chain, Sourcing Strategies, and Downstream Buyers

Chapter 10: Strategies and Key Policies by Distributors/Suppliers/Traders

Chapter 11: In-depth Analysis of Key Marketing Strategies by Market Vendors

Chapter 12: Evaluation of Market Impact Factors

Chapter 13: Forecasted Global Automotive Transparent Antenna Market Size (2023-2031)

Why is our study consequential?

Our study holds paramount importance for various reasons, a few of which include:

• Assisting businesses in gauging the viability of new or existing products or services.

• Facilitating business enterprises in the identification and cultivation of novel market segments.

• Providing a preemptive understanding of consumer demand prior to introducing new products, services, or features.

• Enhancing the overall efficacy of marketing, advertising, and promotional initiatives.

• Analyzing market trends to aid businesses in devising adaptive strategies.

• Guiding businesses in the optimal placement of their products.

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About Report Ocean:
Report Ocean is a renowned provider of market research reports, offering high-quality insights to clients in various industries. Their goal is to assist clients in achieving their top line and bottom line objectives, thereby enhancing their market share in today's competitive environment. As a trusted source for innovative market research reports, Report Ocean serves as a comprehensive solution for individuals, organizations, and industries seeking valuable market intelligence.

Contact Information:
Email:sales@reportocean.com

Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611, United States

Telephone: +1 888 212 3539 (US - Toll-Free)

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