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Automotive Antenna Module Market Size

Report ID: GMI12355 Published Date: November 2024Report Format: PDF
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Automotive Antenna Module Market Size

The global automotive antenna module market size was valued at USD 3.6 billion in 2024 and is projected to grow at a CAGR of 7.2% between 2025 and 2034. One significant driver of the market is the increasing demand for vehicle connectivity. Modern consumers and regulatory bodies expect vehicles to be equipped with advanced connectivity features, such as internet access, GPS navigation, and emergency communication (e.g., eCall in Europe). This demand is amplified by the rise of connected services like real-time traffic information, remote diagnostics, and over-the-air software updates, which require reliable, high-performance antenna modules.

 

automotive antenna module market

Additionally, the push toward autonomous driving relies on seamless communication with infrastructure and other vehicles (V2X), which depends on sophisticated antenna systems. As a result, automakers and OEMs are investing in multi-functional, compact antenna modules that integrate various connectivity options to meet these evolving requirements.

For instance, According to GMI Automotive Over-The-Air Update Market size was valued at USD 3.8 billion in 2023 and is estimated to register a CAGR of over 17% between 2024 and 2032. This high growth rate for OTA compatibility in vehicles would generate the consistent demand for automotive antenna module globally.

Another key driver in the Automotive Antenna Module Market is the adoption of advanced driver assistance systems (ADAS), which rely heavily on real-time data exchange. ADAS features like collision avoidance, lane-keeping, and adaptive cruise control require continuous communication with external sources, such as GPS satellites, other vehicles (V2V), and roadside infrastructure (V2I). This demand for reliable data transmission has led to the development of specialized antenna modules that support high-speed, low-latency connectivity. As ADAS features become standard in many vehicles, the need for advanced antenna modules continues to rise, pushing market growth.

Author: Preeti Wadhwani, Satyam Jaiswal
Frequently Asked Question(FAQ) :

Who are the major players in the automotive antenna module industry?+

The key players in the industry include Amphenol, Continental, Denso, Ficosa, Harada, Harman, Mitsubishi Electric, Robert Bosch, TE Connectivity, and Valeo SA.

How much is the U.S. automotive antenna module market worth?+

The U.S. market accounted for 75% of the revenue share in 2024 and is expected to exceed USD 1 billion by 2034, propelled by the strong automotive industry and the adoption of advanced automotive technologies.

How big is the automotive antenna module market?+

The market size of automotive antenna module reached USD 3.6 billion in 2024 and is set to grow at a 7.2% CAGR from 2025 to 2034, driven by the increasing demand for vehicle connectivity.

What is the size of the passenger vehicle segment in the automotive antenna module industry?+

The passenger vehicle segment accounted for over 65% of the market share in 2024 and is expected to exceed USD 4 billion by 2034, led by the increasing demand for advanced connectivity features in personal vehicles.

Automotive Antenna Module Market Scope

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