Press release
Automotive Smart Antenna Market Insights 2025-2034: Growth Forecast and Strategic Priorities
Automotive Smart Antenna Market
Automotive Smart Antenna Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the automotive smart antenna market has witnessed significant growth in the past few years. An increase from $2.85 billion in 2024 to $3.09 billion in 2025 is projected, with a compound annual growth rate (CAGR) of 8.6%. The escalation observed during the historical period can be credited to factors like a surged demand for connected cars, elevated adoption of advanced driver assistance systems (ADAS), regulatory requirements for vehicle safety, the advent of self-driving cars, and an intensified emphasis on vehicle electrification.
Automotive Smart Antenna Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, the automotive smart antenna market is predicted to witness robust growth, escalating to a value of $4.23 billion by 2029, with a CAGR of 8.2%. Factors contributing to this growth during the projected period include the surge in electric and autonomous vehicles, the incorporation of superior connectivity features, the ongoing development of 5G and beyond, fast-paced urbanization and initiatives for smart cities, and the need for improved safety and security. Key trends during this projected timeframe include enhancement in 5G technology, increased expenditure on R&D, technological innovation and cost minimization, inclusion of artificial intelligence (AI) and machine learning (ML) technologies, and the use of beamforming and MIMO methodologies.
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What Are the Drivers Transforming the Automotive Smart Antenna Market?
The automotive smart antenna market is anticipated to expand due to the rising necessity for connected vehicles. Connected vehicles are designed with technology that permits them to exchange information with infrastructure, other vehicles, and devices. Their growing demand is attributed to their capability to deliver superior convenience, safety, and efficiency by integrating features such as instant navigation and remote diagnostics. Smart antennas elevate the connectivity and communication competencies of connected vehicles. By utilizing cutting-edge technologies, these antennas amplify signal quality, accelerate data transmission rates, and ensure more trustworthy wireless communication between vehicles and outer networks. For example, the Otonomo Report from March 2022 indicated that an Israel-based firm offering a cloud-based SaaS solution for vehicle manufacturers predicts a surge in the quantity of connected vehicles on the roads, soaring from roughly 237 million in 2021 to over 400 million by 2025. By 2030, it is expected that 96% of all cars will be connected. Consequently, the escalating demand for connected vehicles is propelling the expansion of the automotive smart antenna market.
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What Long-Term Trends Will Define the Future of the Automotive Smart Antenna Market?
Leading firms in the automotive smart antenna market are advancing their product offerings by developing unique technologies such as transparent antennas to maintain an edge in the competitive industry. These antennas are incorporated into the glass surfaces of vehicles to enhance the reception of different communication systems including GPS, Wi-Fi, and cellular signals. As an example, LG Electronics, a South Korean electronics corporation, in partnership with Saint-Gobain Sekurit, a French glass manufacturer, launched a transparent antenna for cars in December 2023. The film-type antenna from LG is directly affixed to the vehicle's glass. This ground-breaking telecommunications solution is projected to make significant changes in the dynamic mobility sector and strengthen LG's standing in the market for automotive solutions. LG's transparent antenna is versatile and can be used with different types of glass and car designs, providing both on-glass and in-glass solutions. The wide scope of its application ensures dependable performance in telecommunications and scalability, effectively meeting growing network requirements. This latest innovation from LG in telematics is notably flexible and supports improved connectivity by leveraging 5G, GNSS (Global Navigation Satellite System), and Wi-Fi technologies.
Which Segments in the Automotive Smart Antenna Market Offer the Most Profit Potential?
The automotive smart antenna market covered in this report is segmented -
1) By Component Type: Transceiver, Electronic Control Unit (ECU), Other Component Type
2) By Frequency: High, Very High, Ultra High
3) By Vehicle Type: Passenger Car, Light Commercial Vehicles, Heavy Commercial Vehicles
4) By Sales Channel: Original Equipment Manufacturer (OEM), After market
Subsegments:
1) By Transceiver: Radio Frequency Transceiver, GPS Transceiver, Bluetooth Transceiver, Cellular Transceiver, Wi-Fi Transceiver
2) By Electronic Control Unit: Antenna Control Unit (ACU), Signal Processing ECU, Connectivity ECU
3) By Other Component Types: Amplifiers, Filters, Antennas, Connectors
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Which Firms Dominate the Automotive Smart Antenna Market by Market Share and Revenue in 2025?
Major companies operating in the automotive smart antenna market are Samsung Electronics Co. Ltd., Koch Industries Inc., Robert Bosch GmbH, Panasonic Corporation, Denso Corporation, Continental AG, Ericsson, TE Connectivity Ltd., NXP Semiconductors NV, Harman International Industries Incorporated, Hella GmbH & Co. KGaA, Ficosa International SA, North West Company, Kathrein SE, MD ELEKTRONIK GmbH, Yokowo Co. Ltd., Calearo Antenne SpA, WISI Automotive GmbH & Co. KG, INPAQ Technology Co. Ltd., Airgain Inc., Huf Huelsbeck & Fu ̈rst GmbH & Co. KG, Laird Connectivity, Lorom Industrial Co. Ltd., LS MTRON Ltd., Hirschmann Car Communication GmbH, Ace Technologies Corp., Antenova M2M Ltd., World Products Inc.
Which Regions Offer the Highest Growth Potential in the Automotive Smart Antenna Market?
Europe was the largest region in the automotive smart antenna market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive smart antenna market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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