Global Automotive Antenna Market Outlook 2017-2022

Global automotive antenna market is estimated to expand at a substantial CAGR of 6.5% by 2022 as the scope, product types, and its applications are increasing across the globe. An automotive antenna is a passive device designed to send and receive radio waves. This results in the spread of a directed wave through free space.   

The factors that propel the growth of the automotive antenna market include increasing connectivity in the vehicle, acceptance of innovative technologies for the passenger cars, increasing importance over the safety of drivers, and rise the implementation of wireless connectivity and associated other automobile features. On the other hand, there are factors that may hamper the growth of the market including frequent developments and updates in technology. 

Automotive antenna market may be explored by frequency range, vehicle type, end user, and geography. The market may be explored by frequency range as High range, Low range, and Medium range. Automotive antenna market could be explored based on vehicle type as Passenger Cars and Commercial Vehicles. The Market could be explored based on end user as OEM (Original Equipment Manufacturer) and Aftermarket. The “OEM (Original Equipment Manufacturer)” segment led the automotive antenna market in 2016 and is anticipated to maintain its dominance by 2024.  

Automotive antenna market is categorized based on geography into North America, Latin America, Japan, Middle East and Africa, Western Europe, Asia Pacific, and Eastern Europe. North America accounted for the major share of the automotive antenna market in 2016 and will continue to lead in the forecast period. The key factors that may attributed to the growth of market includes high acceptance rate of wireless connectivity and development in the automotive sector and the accessibility of advanced information sharing technologies. North America is followed by the Asia-Pacific region. 

The key players contributing to the robust growth of the automotive antenna market comprise Continental AG, SCHAFFNER HOLDING AG, HARADA INDUSTRY CO., LTD, Kymeta Corporation, LAIRD, KATHREIN-Werke KG, Hirschman Car Communication, ANTONIUS - ICP GmbH, Amphenol T&M Antennas u-box and Delphi Automotive LLP. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

The global market for automotive antenna will grow at a CAGR of 6.5% by 2022, according to a new report published by Gen Consulting Company. The report segments the market and forecasts its size, by volume and value, on the basis of application (passenger car, commercial vehicle, etc.), and by geography (North America, Europe, Asia-Pacific, MEA and South America).

The report covers forecast and analysis for the automotive antenna market on a global and regional level. The study provides historic data of 2012-2016 along with a forecast from 2017 to 2022 based on both output/volume and revenue. The study then describes the drivers and restraints for the automotive antenna market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the automotive antenna market on a global level.

The report has been prepared based on the synthesis, analysis, and interpretation of information about the global automotive antenna market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.

Demand for this market rises from the passenger car, commercial vehicle, and other applications. All the segments have been analyzed based on present and future trends and the market is estimated from 2017 to 2022. Relevantly, the report and company profiles specify the key drivers that are impacting the demand in global automotive antenna market.

Key Applications
- Passenger Car
- Commercial Vehicle

Key Regions
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America

Key Vendors
- Ace Technology
- Delphi
- Harada
- Hirschmann
- Kathrein
- Laird Technologies
- Schaffner
- Sumida
- Taizhou Suzhong
- Yokowo
- request free sample to get a complete list of companies

Key Questions Answered in this Report
- What will the market size be in 2022?
- What are the key factors driving the global automotive antenna market?
- What are the challenges to market growth?
- Who are the key players in the automotive antenna market?
- What are the market opportunities and threats faced by the key players?