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Automotive Smart Antenna Market Share

Report ID: GMI8151
Published Date: Feb 2024
Report Format: PDF

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Automotive Smart Antenna Market Share

Continental AG and TE Connectivity hold a significant market share of over 8% in the automotive smart antenna industry. These prominent players in the automotive smart antenna industry are focusing on developing advanced smart antenna solutions that integrate cutting-edge technologies like beamforming, MIMO, and signal processing algorithms to deliver enhanced performance, reliability, and connectivity for connected vehicles. These competitors are investing in research and development to create compact, multi-functional smart antennas that support a wide range of wireless communication standards, including 4G LTE, 5G, Wi-Fi, and Bluetooth, while also addressing challenges such as interference mitigation and compatibility with vehicle electronics.

Moreover, major competitors in the automotive smart antenna market are actively pursuing strategic partnerships and collaborations with automotive manufacturers, technology suppliers, and telecommunications providers to expand their market reach and accelerate the deployment of smart antenna solutions in vehicles. By leveraging their expertise in antenna design, RF engineering, and system integration, these companies are working closely with OEMs to co-develop customized smart antenna solutions tailored to specific vehicle platforms and use cases.

Automotive Smart Antenna Market Companies

Major companies operating in the automotive smart antenna industry are:

Airgain Inc.
Continental AG
Denso Corporation
Harman International
Laird
NXP Semiconductors
Schaffner
TE Connectivity
WISI Automotive GmbH
World Products Inc.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of automotive smart antenna reached USD 2.9 billion in 2023 and is set to witness 6.5% CAGR from 2024 to 2032, owing to rising demand for smart antennas that enable seamless communication and connectivity worldwide.

The passenger cars segment exceeded USD 1.6 billion in 2023, due to the introduction of innovative transparent antennas with enhanced vehicle telecommunications capabilities.

Asia Pacific market recorded over 40% revenue share in 2023, attributed to the rising consumer demand, increasing industrialization, and favorable government policies in the region.

Airgain Inc., Continental AG, Denso Corporation, Harman International, Laird, NXP Semiconductors, Schaffner, TE Connectivity, WISI Automotive GmbH, and World Products Inc., are some of the major automotive smart antenna companies worldwide.