The Infinium Global Research analyzes the Automotive Antenna Market over the period of 2020 to 2026. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global automotive antenna market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of automotive antenna. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the automotive antenna market during the period.
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Growth of the Global Automotive Antenna Market will be Driven by the Increasing Demand for Connected Vehicles Across the Globe
Over the long term, the growth of the global automotive antenna market will be driven by the increasing demand for connected vehicles across the globe. Connected cars facilitate connectivity on wheels offering comfort, convenience, safety, and security along with powerful network technology. Furthermore, the development of new communication technologies and innovations primarily towards improving the safety and overall experience is expected to have a positive impact on the market. Moreover, the high adoption of automotive antennas in several applications such as vehicle tracking, satellite navigation, and collision notifications is expected to grow at a consistent pace in the coming years. Automotive manufacturers are focusing on the cellular connectivity in the vehicles as per the different frequencies required by each communication channel. That, in, turn, offers immense opportunities for the automotive antenna market throughout the forecast period.
Additionally, rising importance regarding the safety of drivers all over the world are resulting in many governments across the globe focusing on the adoption of safety features. For instance, the initiative taken by the European government regarding eCall development, a system that provides an automated message to the emergency services following a road crash which includes the precise crash location is expected to augment the growth of the automotive antenna market. Going further, increasing demand for a hybrid electric vehicle across the world is expected to be of a key factor that drives the growth of the automotive antenna market. Moreover, companies operating in this market is inclined towards improving the design structure of an automotive antenna, which is expected to create immense opportunities for the market players in the coming years.
Asia Pacific Holds the Maximum Share in the Automotive Antenna Market
Among the geographies, Asia Pacific holds the maximum share in the automotive antenna market owing to the high adoption of advanced technologies in emerging countries such as China, India, and Japan. Europe is expected to hold the second position in the global automotive antenna market over the forecast period owing to the high adoption rate of Advanced Driver Assistance System. Additionally, the high adoption of hybrid vehicles is another factor that supports the growth of the market in this region. The presence of leading luxury manufacturers based in European countries such as the U.K., Germany, France, and Spain, which incorporates numerous advanced technologies, including safety, security, and comfort system along with antenna in their vehicles are influencing the growth in European markets.
Automotive Antenna Market: Segmentation
The report on the global automotive antenna market covers segments such as antenna type, cellular technology, vehicle technology, antenna technology, and vehicle type. On the basis of the antenna type, the sub-markets include the on-glass antenna. On the basis of cellular technology, the sub-markets include 3G. On the basis of vehicle technology, the sub-markets include conventional. On the basis of antenna technology, the sub-markets include a broadcasting antenna. On the basis of vehicle type, the sub-markets include passenger vehicle.
Automotive Antenna Market: Companies Profiled
The report provides profiles of the companies in the market such as TE Connectivity, Aptiv PLC, and Ace Technologies Corp.
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Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the automotive antenna.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2026.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
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