Automotive Smart Antenna Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026

Published: Jun 2022

Pages: 139

SKU: IRTNTR73760

Snapshot

The automotive smart antenna market share is expected to increase to 40.03 million units from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 14.5%.

The report extensively covers automotive smart antenna market segmentations by the following:

Vehicle type - Passenger vehicles and commercial vehicles
Geography - North America, Europe, APAC, South America, and Middle East and Africa

The automotive smart antenna market report offers information on several market vendors, including Ace Technologies Corp., Antenova Ltd., Beijing BDStar Navigation Co. Ltd., Calearo Antenne SPA, Continental AG, Harada Industry Co. Ltd., INFAC Corp., INPAQ Technology Co. Ltd., Koch Industries Inc., Lorom Industrial Co. Ltd., LS MTRON Ltd., Panasonic Corp., Samsung Electronics Co. Ltd., Taoglas Group Holdings Ltd., TE Connectivity Ltd., Yageo Corp., and Yokowo Co. Ltd. among others.

This automotive smart antenna market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches.

What will the Automotive Smart Antenna Market Size be During the Forecast Period?

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Automotive Smart Antenna Market: Key Drivers, Trends, and Challenges

The increasing connectivity technologies in vehicles is notably driving the automotive smart antenna market growth, although factors such as harsh conditions affecting the performance of automotive smart antennas may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the automotive smart antenna industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Automotive Smart Antenna Market Driver

The increasing connectivity technologies in vehicles is one of the key drivers contributing to the automotive smart antenna market growth. Primarily, connected infotainment services in vehicles provide all modern features of entertainment, comfort, and information like remote diagnostics and electronic control unit (ECU) software management. Moreover, remote diagnostics is witnessing increasing adoption in vehicles and will be crucial for the adoption of automotive antennas in mid-segment cars during the forecast period. Also, the increasing demand for luxury cars in emerging markets like China because of the increase in average disposable income would also be a driving factor for the global automotive smart antenna market. Such driving factors will drive the automotive smart antenna market growth during the forecast period.

Key Automotive Smart Antenna Market Trend

The growing number of strategic alliances in the market is one of the key automotive smart antenna market trends positively impacting the market growth. With the objective of either growing, increasing the pricing power of the supply chain, or eliminating competition, vendors are coming up with several strategic alliances in the automotive smart antenna market. Significantly, the number of strategic alliances in the market is high and this is mainly attributed to the high competition among vendors and the growth of the connected vehicle industry. Furthermore, to acquire potential market shares, vendors opt for strategic partnerships. Thus, such an increase in strategic partnerships will propel the automotive smart antenna market growth during the forecast period.

Key Automotive Smart Antenna Market Challenge

Harsh conditions affecting the performance of automotive smart antennas is one of the factors impeding the automotive smart antenna market growth. The generated data through connected cars can influence the growth of the automotive industry and the driving experience as there are some significant challenges associated with the generation and handling of data. Also, connected cars can generate huge data, including engine performance and driver performance data. However, data privacy and security concerns are critical challenges for individuals as well as organizations. This is because connected vehicle communication devices, including smart antennas, are interconnected to the Internet and depend on private and public networks. These conditions may affect the performance of automotive smart antennas and thereby limiting the automotive smart antenna market growth.

This automotive smart antenna market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Automotive Smart Antenna Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

This statistical study of the automotive smart antenna market encompasses successful business strategies deployed by the key vendors. The automotive smart antenna market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

Acetech.co.kr - The company offers automotive smart antennas such as Shark Fin, Micro Pole, and LTE and WIFI.
Antenova.com - The company offers automotive smart antennas such as Cellular, GNSS, ISM, and WAN.
Calearo.com - The company offers automotive smart antenna such as Shark 2 Quad, Shark 2 Track, Shark 2 TWIFI and SAT, and Shark 2 TWIFI.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The automotive smart antenna market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Automotive Smart Antenna Market?

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35% of the market's growth will originate from North America during the forecast period. The US is the key market for the automotive smart antenna market in North America. Market growth in this region will be slower than the growth of the market in Europe.

The high demand for connected cars in the US and Canada will facilitate the automotive smart antenna market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 had adversely impacted the regional market. However, with the resumption of manufacturing operations in the automotive industry and the initiation of mass COVID-19 vaccination drives, the regional market showed steady growth in 2021. In North America, automotive production increased by around 7% in 2021 when compared to that in 2020. Thus, the growing adoption of connected vehicles is expected to boost the growth of the regional automotive smart antenna market during the forecast period.

What are the Revenue-generating Vehicle Type Segments in the Automotive Smart Antenna Market?

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The automotive smart antenna market share growth by the passenger vehicles segment will be significant during the forecast period. Passenger vehicles are categorized into entry-segment, mid-segment, and premium or luxury-segment vehicles. Mid-segment and luxury passenger cars have major applications for smart antenna modules. As most premium-priced cars use a large number of radio technologies inside the vehicle, it fuels the demand for advanced smart antenna devices. Moreover, advanced automotive systems, which include engines, chassis, brakes, transmission, steering, and other systems, are highly used in passenger cars. Such increased use in passenger cars will drive the automotive smart antenna market growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive smart antenna market size and actionable market insights on post COVID-19 impact on each segment.

Parent Market Analysis

Technavio categorizes the global automotive smart antenna market as a part of the global automotive components and accessories market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the automotive smart antenna market during the forecast period.

Automotive Smart Antenna Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the automotive smart antenna market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Automotive Smart Antenna Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 14.5%
Market growth 2022-2026	40.03 mn units
Market structure	Fragmented
YoY growth (%)	13.91
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	North America at 35%
Key consumer countries	US, China, Japan, Germany, and UK
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Ace Technologies Corp., Antenova Ltd., Beijing BDStar Navigation Co. Ltd., Calearo Antenne SPA, Continental AG, Harada Industry Co. Ltd., INFAC Corp., INPAQ Technology Co. Ltd., Koch Industries Inc., Lorom Industrial Co. Ltd., LS MTRON Ltd., Panasonic Corp., Samsung Electronics Co. Ltd., Taoglas Group Holdings Ltd., TE Connectivity Ltd., Yageo Corp., and Yokowo Co. Ltd.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Automotive Smart Antenna Market Report?

CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will drive automotive smart antenna market growth during the next five years
Precise estimation of the automotive smart antenna market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the automotive smart antenna industry across North America, Europe, APAC, South America, and Middle East and Africa
A thorough analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of automotive smart antenna market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Vehicle Type
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 (million units)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 (million units)
- Exhibit 15: Chart on Global Market- Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market- Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Vehicle Type

5.1 Market segments
- Exhibit 24: Chart on Vehicle Type - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Vehicle Type - Market share 2021-2026 (%)

5.2 Comparison by Vehicle Type
- Exhibit 26: Chart on Comparison by Vehicle Type
- Exhibit 27: Data Table on Comparison by Vehicle Type

5.3 Passenger vehicles - Market size and forecast 2021-2026
- Exhibit 28: Chart on Passenger vehicles - Market size and forecast 2021-2026 (million units)
- Exhibit 29: Data Table on Passenger vehicles - Market size and forecast 2021-2026 (million units)
- Exhibit 30: Chart on Passenger vehicles - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Passenger vehicles - Year-over-year growth 2021-2026 (%)

5.4 Commercial vehicles - Market size and forecast 2021-2026
- Exhibit 32: Chart on Commercial vehicles - Market size and forecast 2021-2026 (million units)
- Exhibit 33: Data Table on Commercial vehicles - Market size and forecast 2021-2026 (million units)
- Exhibit 34: Chart on Commercial vehicles - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Commercial vehicles - Year-over-year growth 2021-2026 (%)

5.5 Market opportunity by Vehicle Type
- Exhibit 36: Market opportunity by Vehicle Type (million units)

6 Customer Landscape

6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison

7.3 North America - Market size and forecast 2021-2026
- Exhibit 42: Chart on North America - Market size and forecast 2021-2026 (million units)
- Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 (million units)
- Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.4 Europe - Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 (million units)
- Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 (million units)
- Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.5 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 (million units)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 (million units)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.6 South America - Market size and forecast 2021-2026
- Exhibit 54: Chart on South America - Market size and forecast 2021-2026 (million units)
- Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 (million units)
- Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 (million units)
- Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 (million units)
- Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 (million units)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 (million units)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

7.9 China - Market size and forecast 2021-2026
- Exhibit 66: Chart on China - Market size and forecast 2021-2026 (million units)
- Exhibit 67: Data Table on China - Market size and forecast 2021-2026 (million units)
- Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

7.10 Germany - Market size and forecast 2021-2026
- Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 (million units)
- Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 (million units)
- Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.11 Japan - Market size and forecast 2021-2026
- Exhibit 74: Chart on Japan - Market size and forecast 2021-2026 (million units)
- Exhibit 75: Data Table on Japan - Market size and forecast 2021-2026 (million units)
- Exhibit 76: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Japan - Year-over-year growth 2021-2026 (%)

7.12 UK - Market size and forecast 2021-2026
- Exhibit 78: Chart on UK - Market size and forecast 2021-2026 (million units)
- Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 (million units)
- Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography (million units)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption

9.4 Industry risks
- Exhibit 86: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered
- Exhibit 87: Vendors covered

10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification

10.3 Ace Technologies Corp.
- Exhibit 89: Ace Technologies Corp. - Overview
- Exhibit 90: Ace Technologies Corp. - Product / Service
- Exhibit 91: Ace Technologies Corp. - Key offerings

10.4 Antenova Ltd.
- Exhibit 92: Antenova Ltd. - Overview
- Exhibit 93: Antenova Ltd. - Product / Service
- Exhibit 94: Antenova Ltd. - Key offerings

10.5 Calearo Antenne SPA
- Exhibit 95: Calearo Antenne SPA - Overview
- Exhibit 96: Calearo Antenne SPA - Product / Service
- Exhibit 97: Calearo Antenne SPA - Key offerings

10.6 Continental AG
- Exhibit 98: Continental AG - Overview
- Exhibit 99: Continental AG - Business segments
- Exhibit 100: Continental AG - Key news
- Exhibit 101: Continental AG - Key offerings
- Exhibit 102: Continental AG - Segment focus

10.7 INPAQ Technology Co. Ltd.
- Exhibit 103: INPAQ Technology Co. Ltd. - Overview
- Exhibit 104: INPAQ Technology Co. Ltd. - Product / Service
- Exhibit 105: INPAQ Technology Co. Ltd. - Key offerings

10.8 Koch Industries Inc.
- Exhibit 106: Koch Industries Inc. - Overview
- Exhibit 107: Koch Industries Inc. - Product / Service
- Exhibit 108: Koch Industries Inc. - Key news
- Exhibit 109: Koch Industries Inc. - Key offerings

10.9 Panasonic Corp.
- Exhibit 110: Panasonic Corp. - Overview
- Exhibit 111: Panasonic Corp. - Business segments
- Exhibit 112: Panasonic Corp. - Key news
- Exhibit 113: Panasonic Corp. - Key offerings
- Exhibit 114: Panasonic Corp. - Segment focus

10.10 Samsung Electronics Co. Ltd.
- Exhibit 115: Samsung Electronics Co. Ltd. - Overview
- Exhibit 116: Samsung Electronics Co. Ltd. - Business segments
- Exhibit 117: Samsung Electronics Co. Ltd. - Key news
- Exhibit 118: Samsung Electronics Co. Ltd. - Key offerings
- Exhibit 119: Samsung Electronics Co. Ltd. - Segment focus

10.11 TE Connectivity Ltd.
- Exhibit 120: TE Connectivity Ltd. - Overview
- Exhibit 121: TE Connectivity Ltd. - Business segments
- Exhibit 122: TE Connectivity Ltd. - Key offerings
- Exhibit 123: TE Connectivity Ltd. - Segment focus

10.12 Yokowo Co. Ltd.
- Exhibit 124: Yokowo Co. Ltd. - Overview
- Exhibit 125: Yokowo Co. Ltd. - Business segments
- Exhibit 126: Yokowo Co. Ltd. - Key offerings
- Exhibit 127: Yokowo Co. Ltd. - Segment focus

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist
- Exhibit 128: Inclusions checklist
- Exhibit 129: Exclusions checklist

11.3 Currency conversion rates for US$
- Exhibit 130: Currency conversion rates for US$

11.4 Research methodology
- Exhibit 131: Research methodology
- Exhibit 132: Validation techniques employed for market sizing
- Exhibit 133: Information sources

11.5 List of abbreviations
- Exhibit 134: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
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Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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