Press release
Automotive Smart Antenna Market Size, Share and Market Forecast to 2025 | MarketsandMarkets
The Automotive Smart Antenna Market is expected to grow from USD 2.3 billion in 2018 to USD 5.9 billion by 2025, at a CAGR of 14.2% during the forecast period.
The growing cellular applications for connected vehicles and increasing connectivity-based safety features are some of the key drivers fueling the growth of Automotive Smart Antenna Market.
View Full TOC @ https://www.marketsandmarkets.com/Market-Reports/automotive-smart-antenna-market-29612374.html
The major vendors in the global automotive smart antenna market are Continental (Germany), Denso (Japan), TE Connectivity (Switzerland), Hella (Germany), Laird (UK), Yokowo (Japan), Harada (Japan), Schaffner (Switzerland), Kathrein (Germany), and Ficosa (Spain). The technological advancements in accordance with the huge disruptive trends such as IoT and connected and autonomous vehicles have proliferated the demand for communication electronics in vehicles. Thus, leading automotive players have started to focus on hardware and software platforms for in-vehicle and external communications. This results in an increasing need for communication devices including antennas. Therefore, this market has registered substantial growth in recent years.
Opportunities:
1. New Revenue Opportunities in the Autonomous Vehicle Ecosystem
2. Significant Revenue Contribution From Premium Vehicle Sales
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=29612374
By Vehicle, the light-duty vehicle segment is expected to be the largest contributor in the global market during the forecast period.
The market size can be attributed to the growing light-duty vehicle production, increasing installation of safety and convenience features in light-duty vehicles, and advancements in the field of vehicle electronics. Moreover, various advanced features such as remote keyless entry, connectivity, and V2V communication are expected to be offered in premium vehicles, which, in turn, would drive this market for light-duty vehicles. The introduction of autonomous vehicles will also have a massive impact on the automotive smart antenna market because of the increased need for smart and connected features in a vehicle.
The infrastructure service provider accounts for the largest market size during the forecast period.
Transceivers are the most critical components of communication. The transceiver considered in the scope is for both external and internal communications. The external communication transceivers are used to transmit and receive signals through cellular connectivity, whereas MOST (Media Oriented System Transport) and Ethernet are used for in-vehicle communication. The market for communication terminals like transceivers has increased with the increase in the technological growth of connected and autonomous vehicles.
Request for Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=29612374
In the electric vehicle type, the battery electric vehicle (BEV) segment is growing at the fastest rate during the forecast period.
The demand for BEVs is expected to increase in the coming years because of an increase in the adoption of strict emissions norms by the governments of various countries. Also, several governments now provide subsidies for the use of environment-friendly cars, thereby encouraging the use of battery-operated vehicles. The electric vehicle sales in North America has grown exponentially, registering an increase of 37% in 2016. Stringent emission regulations in the US, particularly in states such as California, have led to increased sales of electric vehicles. The increased number of electric vehicles will drive the market for automotive electronics to support various functions, which, in turn, would increase the demand for automotive smart antennas.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
The growing cellular applications for connected vehicles and increasing connectivity-based safety features are some of the key drivers fueling the growth of Automotive Smart Antenna Market.
View Full TOC @ https://www.marketsandmarkets.com/Market-Reports/automotive-smart-antenna-market-29612374.html
The major vendors in the global automotive smart antenna market are Continental (Germany), Denso (Japan), TE Connectivity (Switzerland), Hella (Germany), Laird (UK), Yokowo (Japan), Harada (Japan), Schaffner (Switzerland), Kathrein (Germany), and Ficosa (Spain). The technological advancements in accordance with the huge disruptive trends such as IoT and connected and autonomous vehicles have proliferated the demand for communication electronics in vehicles. Thus, leading automotive players have started to focus on hardware and software platforms for in-vehicle and external communications. This results in an increasing need for communication devices including antennas. Therefore, this market has registered substantial growth in recent years.
Opportunities:
1. New Revenue Opportunities in the Autonomous Vehicle Ecosystem
2. Significant Revenue Contribution From Premium Vehicle Sales
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=29612374
By Vehicle, the light-duty vehicle segment is expected to be the largest contributor in the global market during the forecast period.
The market size can be attributed to the growing light-duty vehicle production, increasing installation of safety and convenience features in light-duty vehicles, and advancements in the field of vehicle electronics. Moreover, various advanced features such as remote keyless entry, connectivity, and V2V communication are expected to be offered in premium vehicles, which, in turn, would drive this market for light-duty vehicles. The introduction of autonomous vehicles will also have a massive impact on the automotive smart antenna market because of the increased need for smart and connected features in a vehicle.
The infrastructure service provider accounts for the largest market size during the forecast period.
Transceivers are the most critical components of communication. The transceiver considered in the scope is for both external and internal communications. The external communication transceivers are used to transmit and receive signals through cellular connectivity, whereas MOST (Media Oriented System Transport) and Ethernet are used for in-vehicle communication. The market for communication terminals like transceivers has increased with the increase in the technological growth of connected and autonomous vehicles.
Request for Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=29612374
In the electric vehicle type, the battery electric vehicle (BEV) segment is growing at the fastest rate during the forecast period.
The demand for BEVs is expected to increase in the coming years because of an increase in the adoption of strict emissions norms by the governments of various countries. Also, several governments now provide subsidies for the use of environment-friendly cars, thereby encouraging the use of battery-operated vehicles. The electric vehicle sales in North America has grown exponentially, registering an increase of 37% in 2016. Stringent emission regulations in the US, particularly in states such as California, have led to increased sales of electric vehicles. The increased number of electric vehicles will drive the market for automotive electronics to support various functions, which, in turn, would increase the demand for automotive smart antennas.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
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