Automotive Integrated Antenna System Market Share 2023- Global Industry Trends, Revenue, Growth Drivers, Challenges, Key Players and Future Investment Opportunities 2033: SPER Market Research
An integrated antenna system in a connected vehicle makes use of one or more antennas, which are often mounted on the roof or rear window of the vehicle, to maximise signal strength and minimise interference. Connected mobility may find a suitable answer in automotive-integrated antennas, which provide the seamless integration of many communication technologies within the vehicle, such as GPS, cellular, Bluetooth, and Wi-Fi. These communication systems combine advanced techniques like beamforming and multiple input, multiple output MIMO (MIMO) to maximise signal strength and minimise interference. In order to provide services like entertainment, telematics, navigation, and vehicle-to-vehicle communication, the car needs a reliable and robust link to the outside world.
According to SPER market research, ‘Automotive Integrated Antenna System Market Size– By Vehicle Type, By Antenna Type, By Component, By Antenna Design, By Connectivity, By Frequency- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Automotive Integrated Antenna System Market is predicted to reach USD 2.96 billion by 2033 with a CAGR of 10.49%.
There are several factors driving the market for integrated antenna systems for cars. Among these drivers are the growing need for Power Management Integrated Circuits (PMICs) in advanced driver assistance systems (ADAS), the increased production and sales of electric vehicles, and the widespread implementation of 5G networks. Big Original Equipment Manufacturers (OEMs) are deliberately concentrating on delayed technical advances in order to seize a significant portion of the market in developed car markets. A significant increase in data flow into and out of vehicles is required by emerging applications such as firmware-over-the-air (FOTA), real-time mapping, vehicle-to-everything (V2X), advanced driver assistance systems (ADAS), diagnostics, etc. As a result, there are now a considerably greater number and variety of antennas.
With more and more antennas being integrated into cars, it’s becoming more and more difficult to find suitable packaging and placement options. Antennas can be installed on cars in a variety of places, but not every car can use every one of them. When using such costly automobile antennas, one requires a strong communication channel with a solid technological base to provide communication and entertainment needs by improving signal connectivity, especially in rural locations. Transmission losses and communication failures are caused by the lack of such closely integrated communication networks, which also negatively affects the overall performance of car antennas.
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Impact of COVID-19 on Global Automotive Integrated Antenna System Market
The semiconductor industry’s supply chain experienced interruptions due to COVID-19. It affected the market for integrated car antenna systems in both the short and long terms. The semiconductor industry operates in a very complex environment. Many raw materials are required by partners and suppliers worldwide for a range of tasks, such as equipment, testing, packing, and assembly. The need for integrated antenna systems for cars is rising as more people utilise the internet. The COVID-19 pandemic was bound to have an effect on the market for automotive integrated antenna systems because the sector is primarily driven by expanding auto sales and production.
Automotive Integrated Antenna System Market Key Players:
Geographically, one of the most competitive markets for vehicle integrated antenna systems at the moment is North America. The United States and Canada make up the region of North America. The main reasons propelling the North American automotive integrated antenna system market are the availability of technology suppliers, low calculation errors, product customisation, and shortened production timelines. Additionally, some of the key market players are Harada Industry Co. Ltd., Hella GmbH, Mistral Solutions Pvt. Ltd., Molex, TE Connectivity, Yokogawa Electric Corporation and others.
Automotive Integrated Antenna System Market Segmentation:
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.
By Vehicle Type: Based on the Vehicle Type, Global Automotive Integrated Antenna System Market is segmented as; Commercial Vehicles, Passenger Vehicles
By Antenna Type: Based on the Antenna Type, Global Automotive Integrated Antenna System Market is segmented as; Non-Planar Antenna, Planar Antenna
By Component: Based on the Component, Global Automotive Integrated Antenna System Market is segmented as; Antennas, Cables, Data Connectors, Telematics Control Unit (TCU)
By Antenna Design: Based on the Antenna Design, Global Automotive Integrated Antenna System Market is segmented as; Antenna Farm (Without TCU), Antenna Farm with Slim TCU, Antenna Farm with TCU, Shark-Fin Antenna (without TCU), TCU Box with Integrated Antenna
By Connectivity: Based on the Connectivity, Global Automotive Integrated Antenna System Market is segmented as; Cellular, GNSS/GPS, Wi-Fi-Bluetooth
By Frequency: Based on the Frequency, Global Automotive Integrated Antenna System Market is segmented as; High Frequency, Ultra-High Frequency, Very High Frequency
By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
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Automotive Integrated Antenna System Market Future Outlook
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