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According to Technavio's research analysis, the increasing adoption of satellite antennas in smart homes will be one of the major factors that will have a positive impact on the growth of the global commercial vehicle antenna market till 2021. Smart homes are widely fitted with satellite antennas and its high adoption rates results in reduction of overall satellite antenna prices. This drives the integration of satellite antennas by commercial vehicle (CV) manufacturers in a cost-efficient manner. In addition, the development of satellite antennas by partnering with Sharp enabled KYMETA CORPORATION to manufacture low-cost satellite antennas will provide high-speed connectivity in vehicles. The incorporation of satellite antennas in consumer devices has led to the mass production of antennas by Sharp and KYMETA CORPORATION. The decreasing prices of antennas will assist automotive OEMs to fit antennas in their products. This will drive the growth of the global commercial vehicle antenna market during the forecast period. Our market research analysts predict that this automotive antenna market will grow at a CAGR of more than 8% by 2021.
The Americas will be the major revenue contributor to the commercial vehicle antenna market throughout the forecast period. The rising adoption of enhanced telematics by fleet operators and premium commercial vehicles in the US, the introduction of autonomous and connected technology, and increased penetration of OEMs and aftermarket players will drive the market growth in the region.
The commercial vehicle antenna market consists of OEMs and aftermarket players. The market is characterized by rapid technological innovations. New product placements and product development are likely to drive the growth of the market. The entry of new OEMs will also enhance competition levels in the commercial vehicle antenna market. Moreover, the demand for commercial vehicle antennas in the aftermarket will also offer growth opportunities to the vendors in this automotive antenna market.
The leading vendors in the market are ?
The other prominent vendors in the market are Amphenol Corporation, ANTONICS ? ICP, FIAMM Energy Technology, KYMETA CORPORATION, SCHAFFNER HOLDING, Taoglas, u-blox, and Winegard.
During 2016, the OEMs segment accounted for the major shares of the commercial vehicle antenna market. Factors such as the growth of the LCV market in developing regions such as India and the development of fleet telematics systems and other wireless technologies in CVs will contribute to the growth of this industry segment in the coming years.
According to this market research report, the medium range frequency antennas segment will account for the maximum share of the commercial vehicle antenna market until 2021. The rising demand for medium-range technologies such as GPS navigation and mobile communication technologies will be a major factor driving the growth prospects of this automotive antenna market in this segment.
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This upcoming report by Technavio on the global commercial vehicle antenna market is an essential part of the automotive portfolio under the fast-growing subdivision like automotive electronics. This report aims at estimating the major trends and market drivers that induce the growth of the automotive electronics industry.
Our market research analysis includes qualitative and quantitative research techniques like vendor analysis, drivers, challenges, and trend analysis. Additionally, an analysis of the market share and market size using statistical models is also carried out to help clients develop active growth strategies and keep pace with the frequently changing market landscape. Furthermore, Vendors like HUBER + SUHNER, Molex, Pharad, Fiamm, Winegard, Kathrein, Delphi, Continental, Hirschmann, Laird, and HARADA are covered under this upcoming industry research report on the global commercial vehicle antenna market.
The proliferation of wireless technologies in vehicles and use of GPS antenna's in navigation are factors which may influence the demand for commercial vehicle antennas in the coming years as predicted by our market specialists. Furthermore, geographies like the Americas, APAC, and EMEA are covered by this report on the global commercial vehicle antenna market to offer clients the scope to identify potential market opportunities and expand in niche markets.
The upcoming industry report on the global commercial vehicle antenna market also offers insights into the challenges faced by this industry like the shift towards smaller, lightweight, and more powerful antennas. Technavio also provides insights into the sectors such as powertrain and wheels and tires.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market by end users
PART 07: Market segmentation by frequency range
PART 08: Geographical segmentation
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
Appendix
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