Global automotive Antenna Module Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2023 - 2032

 

Global Automotive Antenna Module Market

The global automotive antenna market size was valued at USD 7.8 billion in 2021 and is projected to grow at a CAGR of 4.6% during the forecast period. The global automotive antenna module market refers to the market for antenna modules used in automobiles for various communication and entertainment purposes. Automotive antenna modules are devices that enable communication and entertainment systems within a vehicle to operate by receiving and transmitting signals. These antenna modules are installed in various locations within the vehicle, such as the roof, windshield, and rear windshield. The market includes various types of antenna modules such as GPS, cellular, satellite, and others. The demand for automotive antenna modules is driven by the increasing use of infotainment and connected car systems in automobiles.

Covid-19 Impact:

The COVID-19 pandemic has had a significant impact on the global automotive industry, including the automotive antenna module market. The outbreak of the pandemic has led to a slowdown in the production and sales of automobiles globally, as governments-imposed lockdowns and social distancing measures, leading to a decline in consumer demand. This decline in production and sales has had a direct impact on the demand for automotive antenna modules.

Additionally, the disruption in the supply chain caused by the pandemic has led to a shortage of raw materials and components required for the production of automotive antenna modules. This has further impacted the production and supply of antenna modules in the market.

However, as the world adjusts to the pandemic, the market is expected to recover and grow steadily in the coming years. The demand for automotive antenna modules is likely to increase with the growing trend of connected cars, autonomous driving, and electric vehicles. Moreover, the increasing focus on safety and security in automobiles is expected to drive the demand for advanced antenna modules that can support features like collision avoidance, emergency call systems, and vehicle-to-vehicle communication.

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Market Segmentation:

By Vehicle Type:

·         Passenger Cars

·         Commercial Vehicles

By Frequency Range:

·         Very High Frequency (VHF)

·         Ultra-High Frequency (UHF)

·         Cellular

·         Global Positioning System (GPS)

·         Satellite Radio

By Sales Channel:

·         Original Equipment Manufacturers (OEM)

·         Aftermarket

 

 Key Player:

 TE Connectivity Ltd.

 Hirschmann Car Communication GmbH

Continental AG

Harada Industry Co. Ltd

Laird Connectivity

 Kathrein Automotive GmbH

Amphenol Corporation

Yokowo Co. Ltd

Schaffner Holding AG

Suzhou RF Top Electronic Communications Co. Ltd.

 Regional Analysis:

The countries covered in the regional analysis of the Global Automotive Antenna Module market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

 

Key Points: 

• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Automotive Antenna Module market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Automotive Antenna Module would help in identifying future applications in this market.

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