Press release
Automobile Antenna Market Projected for Consistent 4.5% CAGR, Reaching $14.2 Billion | AMR
According to the report, the automobile antenna market was valued at $9.4 billion in 2023, and is estimated to reach $14.2 billion by 2033, growing at a CAGR of 4.5% from 2024 to 2033.
๐๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ : https://www.alliedmarketresearch.com/request-sample/A185038
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ :
In December 2021, Molex acquired the core technology portfolio and IP rights of Keyssa Inc. to cater to the rise in demand for high-speed, broad-to-broad contactless connectivity.
In September 2021, Ace Technologies Corp. announced a fully automated production line for shark fin antennas at its Nom Dong Campus in South Korea.
In September 2021, TE connectivity signed a definitive agreement to acquire the antenna business of laird connectivity.
In March 2021, Kathrein Solutions introduced a new item, the RRU 1400 reader, which was added to the IoT line-up of the business. The RRU 1400 makes it simple to employ IoT applications that require great performance and reliability.
In March 2023, USI's planned acquisition to enhance automotive antenna capability signified a strategic move to strengthen its position in the automotive electronics market. By acquiring a company specializing in automotive antennas or relevant technology, USI aims to expand its product portfolio and technological capabilities in this sector.
๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
๐๐ฒ ๐๐๐ฅ๐๐ฌ ๐๐ก๐๐ง๐ง๐๐ฅ
The aftermarket segment is expected to lead throughout the forecast period.
The aftermarket segment is anticipated to be dominant in the automobile antenna market due to many vehicle owners seeking to upgrade their existing antennas to improve performance, such as enhancing reception for newer technologies such as 5G or adding capabilities for satellite radio and GPS. The aftermarket provides a wide range of advanced antenna options that cater to these needs.
๐๐ฒ ๐๐ง๐ญ๐๐ง๐ง๐ ๐๐ฒ๐ฉ๐
The on-glass antennas segment is expected to witness rapid growth throughout the forecast period.
The on-glass antennas segment is anticipated to experience rapid growth in the automobile antenna market due to large on-glass antennas integrated into the vehicle's glass surfaces, such as windshields or rear windows, making them nearly invisible. This integration preserves the sleek, modern design of vehicles, which is highly valued by both manufacturers and consumers. The unobtrusive nature of on-glass antennas contributes to a cleaner and more streamlined vehicle appearance.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/automobile-antenna-market/purchase-options
๐๐ฒ ๐๐จ๐๐๐ญ๐ข๐จ๐ง
The front windshield segment is expected to witness rapid growth throughout the forecast period.
The front windshield segment is anticipated to experience faster growth in the automobile antenna market due to front windshield offering a prime location for antennas to receive and transmit signals without significant obstruction. Its elevated and central position on the vehicle provides a clear line of sight for signals from satellites, radio towers, and other communication sources, enhancing overall signal quality and reliability.
๐๐ฒ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐ฒ๐ฉ๐
The passenger vehicle segment is expected to witness rapid growth throughout the forecast period.
The passenger vehicles segment is anticipated to experience faster growth in the automobile antenna market due to passenger vehicles constituting the largest portion of global automobile production and sales. The sheer volume of passenger vehicles being manufactured and sold increases the demand for automotive antennas, thus driving market growth.
๐๐ฒ ๐๐ง๐ญ๐๐ง๐ง๐ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ
The broadcasting antennas segment is expected to lead throughout the forecast period.
The broadcasting antennas segment is anticipated to dominate in the automobile antenna market due to broadcasting antennas, particularly those for AM/FM radio, being standard in virtually all vehicles. This universal application ensures a consistently high demand across the global automotive market. Despite the rise of digital streaming services, traditional radio remains popular among consumers for its accessibility, variety of content, and free usage. This continued demand sustains the need for high-quality broadcasting antennas in vehicles.
๐๐ฒ ๐๐๐ ๐ข๐จ๐ง
North America to maintain its dominance by 2032.
North America is expected to maintain its dominance in the automobile antenna market by 2032 owing to a robust automotive industry, high consumer demand for connected vehicles, and a strong presence of leading antenna manufacturers and technology innovators.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A185038
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
Laird Connectivity
Harada Industry Co., Ltd.
Kathrein SE
TE Connectivity
Hirschmann Car Communication
Yokowo Co., Ltd.
Amphenol Corporation
Fiamm
Schaffner Holding AG
Shenzhen Sunway Communication Co., Ltd.
The report provides a detailed analysis of these key players in the global automobile antenna market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ :
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https://www.alliedmarketresearch.com/europe-rail-glazing-market-A11460
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https://www.alliedmarketresearch.com/recreational-boating-market
Automotive Diagnostics Market
https://www.alliedmarketresearch.com/automotive-diagnostics-market-A13069
Portable Automotive Wi-Fi Router Market
https://www.alliedmarketresearch.com/portable-automotive-wi-fi-router-market-A13673
Electric Vehicle Market
https://www.alliedmarketresearch.com/electric-vehicle-market
๐๐จ๐ง๐ญ๐๐๐ญ :
David Correa
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๐๐๐จ๐ฎ๐ญ ๐ฎ๐ฌ :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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