Automotive Antenna Module Market 2021-2025: Scope
Technavio presents a detailed picture of the market through study, synthesis and summation of data from multiple sources. Our Automotive Antenna Module Market report covers the following areas:
Automotive Antenna Module Market 2021-2025: Vendor Analysis
the Automotive Antenna Module Market is fragmented, and the degree of fragmentation will accelerate over the forecast period. 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. are among the major players in the market.
Automotive Antenna Module Market 2021-2025: Driver
The global automotive market is witnessing an increase in the adoption of connectivity technologies for increased comfort through infotainment systems and connected navigation systems. the increasing penetration of connectivity in cars is driving the global automotive antenna module market. Remote diagnostics is witnessing 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 the vehicles in the United States are equipped with remote diagnostics, and the adoption rate of these is expected to increase further during 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 traction in mid-segment vehicles, which will increase the sales volume of automotive antenna modules.
Automotive Antenna Module Market 2021-2025: Challenge
the frequent technology advancements and updates will be a major challenge for the automotive antenna module market. Automotive antennas are necessary components that allow a vehicle to perform wireless communications, and these are closely related to the communication channel. However, these automotive antennas are not able to keep up with the frequent advancements and software updates of wireless technologies. As a result, they tend to become incompatible or redundant in due time. Thus, coping with the continuous changes taking place in communication technologies is proving to be a challenge for manufacturers of automotive antenna modules. Although OEMs are working in collaboration with automotive antenna module manufacturers and technology providers, adapting to frequent technological changes would continue to challenge the global automotive antenna module market during the forecast period.
Automotive Antenna Module Market 2021-2025: Revenue-Driving Segment
The growth of the automotive antenna module market share by the passenger car segment will be important for income generation. The passenger car market share is expected to increase over the forecast period, which will further boost the global market. Passenger cars are continually witnessing an increase in the use of advanced antenna modules due to improvements in wireless technologies and the need of antennae for the same. Growing demand for high-end cars and growing technological advancements in the passenger car segment will have a positive impact on the global automotive antenna module market.
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Automotive Antenna Module Market 2021-2025: Segmentation
- Particular Cars
- Commercial vehicles
- North America
- South America
- Market landscape
- Top of the line
- Low end
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Automotive Antenna Module Market 2021-2025: Key Highlights
- Market CAGR over the forecast period 2021-2025
- In-depth information on factors that will contribute to the growth of the Automotive Antenna Module Market over the next five years
- Estimation of the Automotive Antenna Modules market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive antenna module market
- Market Competitive Landscape Analysis and Detailed Vendor Information
- Comprehensive details of the factors that will challenge the growth of the Automotive Antenna Modules Market vendors
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Automotive Antenna Module Market Scope
Cover of the report
Year of reference
Growth dynamics and CAGR
Accelerate at 8% CAGR
Market growth 2021-2025
Annual growth (%)
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
Leading companies, competitive strategies, reach of consumer engagement
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.
Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,
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