Automotive Antenna Modules Market Growth $ 525.67 Million: By Vehicle Type, Frequency Range & Geography | Forecast and analysis 2021-2025

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According to the recent Technavio market study, the Automotive Antenna Modules Market Share in Automotive Parts and Equipment Industry is expected to increase by $ 525.67 million from 2020 to 2025, with an accelerated CAGR of 8%. The report provides detailed analysis of drivers and opportunities, top winning strategies, competitive scenario, future market trends, market size and estimates, and major pockets of investment.

North America will register the highest growth rate of 40% among other regions. The United States is the key market for the automotive antenna module. In addition, the growth of the market in North America will be faster than market growth in other regions.

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Supplier Information-
Automotive Antenna Modules Market is Fragmented with Vendors Deploying Organic and Inorganic Growth Strategies to compete in the market.

  • Continental SA – In January 2019, the company collaborated with the German start-up Automotive Artificial Intelligence to improve its approach to the virtual development of its automated driving technology
  • Schaffner Holding AG – In november 2019, the company has introduced extensions for the eco sine Evo line 50 Hz passive harmonic filter series
  • Amphenol Corp. – In July 2019, the company inaugurated a new factory in New Messa, Arizona (WE).

Discover additional highlights about the vendors and their product offerings. Download a free sample report

Regional market outlook
The automotive antenna modules market in North America is expected to generate significant business opportunities for suppliers during the forecast period. The United States is the key market for automotive antenna modules in North America. The market growth in this region will be faster than the market growth in the regions.

Strong demand for automobiles in the United States will facilitate the growth of the automotive antenna modules market by North America over the forecast period.

Download our FREE sample report for more highlights on the regional market share of most of the countries mentioned above.

Latest drivers and trends driving the market –

  • Driving the Automotive Antenna Modules Market:
    • Growing connectivity technologies in vehicles:

The global automotive market is witnessing an increase in the adoption of connectivity technologies for increased convenience through connected infotainment and navigation systems. The increasing penetration of connectivity in cars is driving the global automotive antenna module market. Remote diagnostics is seeing increasing adoption in vehicles and will be crucial for the adoption of automotive antennas in mid-segment cars during the forecast period. More than half of vehicles in the United States are equipped with remote diagnostics, and the adoption rate of these is expected to increase further over the forecast period. The demand for luxury cars in emerging markets such as China increases due to the increase in average disposable income. Connected technology is also gaining ground in mid-segment vehicles, which will increase the sales volume of automotive antenna modules.

  • Automotive Antenna Modules Market Trend:
    • Growing popularity of V2X cellular technologies:

Another major factor supporting the growth in automotive antenna modules market share is the growing popularity of V2X cellular technologies. The adoption of Vehicle-to-Everything (V2X) technology has its origins in the 802.11p standards of the Institute of Electrical and Electronics Engineers (IEEE). Short Range Dedicated Communication (DSRC) is widely adopted in the world for V2X communication. However, cellular connectivity technology is being tested in the V2X market due to the larger presence of the cellular network. Developments in 4G LTE and 5G wireless technology help to test and adopt V2X cellular communication. With the adoption of 4G LTE for connectivity in few regions, C-V2X technologies for connectivity are said to have a positive impact on the global automotive antenna modules market in the near future.

Find additional information on various other market drivers and trends mentioned in our FREE Sample Report.

Here are some similar topics-
V2X Automotive Antennas Market by Communication Type and Geography – Forecast and Analysis: The market size for V2X automotive antennas has the potential to grow by 35.60 million units and the growth dynamics of the market will accelerate during the forecast period. Download a free sample exclusive report

Global Commercial Vehicle Antennas Market: This industry research report identifies Continental, Delphi Automotive, HARADA INDUSTRY, Hirschmann Car Communication, Kathrein Automotive, LAIRD, and Yokowo as the major vendors in the Global Commercial Vehicle Antennas Market. Download a free sample exclusive report

Scope of the Automotive Antenna Modules Market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Accelerate to an 8% CAGR

Market growth 2021-2025

$ 525.67 million

Market structure

Fragmented

Annual growth (%)

6.32

Regional analysis

North America, Europe, APAC, South America and MEA

Efficient contribution to the market

North America at 40%

Main consumer countries

United States, Germany, France, China, Japan and United Kingdom

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

Amphenol Corp., ANTONICS-ICP GmbH, Continental AG, HARADA INDUSTRY Co. Ltd., Kymeta Corp., Laird Plc, Lorom Industrial Co. Ltd., Schaffner Holding AG, Taoglas Group Holdings Ltd. and TE Connectivity Ltd.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period,

Customization

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Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 specialist analysts, Technavio’s report library. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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