Automotive Smart Antenna Market - Global Forecast to 2025: New Revenue Opportunities in the Autonomous Vehicle Ecosystem & Significant Revenue Contribution From Premium Vehicle Sales

Dublin, Nov. 13, 2018 (GLOBE NEWSWIRE) -- The "Automotive Smart Antenna Market by Vehicle (Light Duty Vehicle and Commercial Vehicle), Frequency (High, Very High, and Ultra-High), Component (Transceivers, ECU, and Others), Electric Vehicle (BEV, HEV, and PHEV), and Region-Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The automotive smart antenna market size 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 automotive smart antenna market is driven by various factors such as the growing cellular applications for connected vehicles and the rise in demand for connectivity-based safety features. However, lack of information technology and communication infrastructure in developing regions along with the lag in government norms are the major restraints that can hamper the growth of the automotive smart antenna market.

The ECU is an alliance of electronic components with internal pre-programmed and programmable chipsets used to control one or more units in a vehicle. With the advent of intelligent vehicles, the automotive industry is moving toward a connected future. Vehicles are getting equipped with advanced features for controlling the communication bridge internally and externally. The ECU of the smart antenna includes hardware and software components that perform diverse functions for communication.

HEVs are intended to deliver improved fuel economy, increased power, or additional auxiliary power for electronic devices and power tools. As a result of the increasing stringency of emission norms and growing pollution levels, the adoption of hybrid electric vehicles (HEVs) has increased in developed regions such as North America and Europe. Moreover, the increasing use of hybrid taxis in developed countries such as the US would propel the market for HEVs. The surging adoption of HEVs would provide opportunities to increase the number of connected features. The growing demand for comfort and convenience would increase the integration of features such as digital audio and video broadcast, GPS services, and cellular connectivity. The increasing acceptance of such features in vehicles will, in turn, boost the demand for automotive smart antennas.

Rest of the World (RoW) is expected to have the highest growth rate during the forecast period. Factors such as increasing demand for automobiles, the availability of cheap labor, lenient environmental regulations, low transportation costs, and flexible export-import policies are driving the growth of the automotive industry in this region. Many organizations are working in this region to promote the latest wireless technologies such as IoT, which would create an opportunity for the growth of automotive smart antenna market.

Key Topics Covered:

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Currency & Pricing
1.5 Package Size
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Secondary Data
2.3 Primary Data
2.4 Market Size Estimation
2.5 Market Breakdown and Data Triangulation
3 Executive Summary

4 Premium Insights
4.1 Automotive Smart Antenna Market, 2018 vs. 2025 (USD Billion)
4.2 Automotive Smart Antenna Market, By Region
4.3 Automotive Smart Antenna Market, By Vehicle
4.4 Automotive Smart Antenna Market, By Frequency
4.5 Automotive Smart Antenna Market, By Component
4.6 Automotive Smart Antenna Market, By Electric Vehicle

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Cellular Applications for Connected Vehicles
5.2.1.2 Increasing Demand for Safety Features in Vehicles
5.2.2 Restraints
5.2.2.1 Developing Reliable In-Vehicle Architecture
5.2.2.2 Lack of Communication Infrastructure in Developing Countries
5.2.3 Opportunities
5.2.3.1 New Revenue Opportunities in the Autonomous Vehicle Ecosystem
5.2.3.2 Significant Revenue Contribution From Premium Vehicle Sales
5.2.4 Challenges
5.2.4.1 Unavailability of Standard Platforms for Vehicle Communication
5.2.4.2 Design Challenges to Mount the Smart Antenna in Vehicles

6 Automotive Smart Antenna Market, By Frequency
6.1 Introduction
6.2 High Frequency
6.2.1 Europe is Estimated to Be the Largest Market for High Frequency Smart Antenna
6.3 Very High Frequency
6.3.1 Asia Pacific is Estimated to Be the Largest Market for Very High Frequency Smart Antenna
6.4 Ultra High Frequency
6.4.1 Europe is Estimated to Be the Largest Market for Ultra High Frequency Smart Antenna

7 Automotive Smart Antenna Market, By Component
7.1 Introduction
7.2 Transceivers
7.2.1 Europe is Estimated to Grow at A Significant Rate for Transceivers in Automotive Smart Antenna Market
7.3 Electronic Control Unit (ECU)
7.3.1 Asia Pacific is Estimated to Be the Largest Market for ECU
7.4 Others (Connectors, Wiring Harness, Digital Bus)
7.4.1 Row is Estimated to Be the Fastest Growing Market for Other Components of Smart Antenna

8 Automotive Smart Antenna Market, By Vehicle
8.1 Introduction
8.2 Light Duty Vehicle
8.2.1 Asia Pacific is Estimated to Be the Largest Market for Light Duty Vehicle
8.3 Commercial Vehicle
8.3.1 Automotive Smart Antenna Market in North America is Estimated to Grow at Significant Rate for Commercial Vehicle

9 Automotive Smart Antenna Market, By Electric Vehicle
9.1 Introduction
9.2 Battery Electric Vehicle (BEV)
9.2.1 North America is Estimated to Be the Fastest Market for Battery Electric Vehicle
9.3 Hybrid Electric Vehicle (HEV)
9.3.1 Asia Pacific is Estimated to Be the Largest Market for Hybrid Electric Vehicle
9.4 Plug-In Hybrid Electric Vehicle (PHEV)
9.4.1 Europe is Estimated to Grow at Significant Growth Rate for Plug-In Hybrid Electric Vehicle

10 Automotive Smart Antenna Market, By Region
10.1 Introduction
10.2 Asia Pacific
10.2.1 China
10.2.1.1 China is Estimated to Contribute Highest Market Share During the Forecast Period
10.2.2 India
10.2.2.1 Increase in Demand of Infotainment and Connected Services Will Drive the Market
10.2.3 Japan
10.2.3.1 Presence of Innovative Oems is One of the Factor to Make Japan Secure Second Largest Market in Asia Pacific
10.2.4 South Korea
10.2.4.1 Rising Implementation of Artificial Intelligence Platform for Communication Will Drive the Market of South Korea
10.2.5 Thailand
10.2.5.1 Growing Demand of Connectivity Based Convenient and Safety Features Will Push the Market
10.2.6 Rest of Asia Pacific
10.2.6.1 Light Duty Vehicle is Estimated to Grow at Significant Growth Rate
10.3 North America
10.3.1 US
10.3.1.1 Increase in Communication Digital Media Services Would Make the Market Dominate in the Region
10.3.2 Canada
10.3.2.1 Canada is Estimated to Be Second Largest Market for Smart Antenna in the Region
10.3.3 Mexico
10.3.3.1 Light Duty Vehicle is Estimated to Be the Largest Market for Smart Antenna
10.4 Europe
10.4.1 Germany
10.4.1.1 Government Regulations Will Propel the Market for Automotive Smart Antenna
10.4.2 France
10.4.2.1 Commercial Vehicle Segment is Estimated to Be the Fastest Segment
10.4.3 UK
10.4.3.1 High Luxury Vehicle Sales is Going to Drive the Market
10.4.4 Spain
10.4.4.1 Increase in Vehicle Communication Services Will Grow the Market
10.4.5 Russia
10.4.5.1 Rise in Electronic Content Will Boost the Market of Smart Antenna
10.4.6 Turkey
10.4.6.1 Light Duty Vehicle is Estimated to Grow at High Growth Rate
10.4.7 Rest of Europe
10.4.7.1 Rest of Europe is Estimated to Be the Second Largest Market
10.5 Rest of the World
10.5.1 Brazil
10.5.1.1 Light Duty Vehicle is Estimated to Dominate the Automotive Smart Antenna Market
10.5.2 Iran
10.5.2.1 Growing Connected Infrastructure Will Make the Smart Antenna Market to Rise
10.5.3 Other Countries
10.5.3.1 Light Duty Vehicle is Estimated to Grow at Significant Growth Rate

11 Competitive Landscape
11.1 Overview
11.2 Market Ranking Analysis
11.3 Competitive Situation & Trends
11.3.1 New Product Development
11.3.2 Expansion
11.3.3 Partnership

12 Company Profiles
12.1 Continental
12.2 Denso
12.3 Te Connectivity
12.4 Hella
12.5 Laird
12.6 Yokowo
12.7 Harada
12.8 Schaffner
12.9 Kathrein
12.10 Ficosa
12.11 Harman
12.12 Hirschmann Car Communication
12.13 MD Electronik
12.14 HUF Hlsbeck & Frst
12.15 Wisi Group
12.16 Calearo Antenne
12.17 Lorom
12.18 Inpaq Technology
12.19 Pulselarsen Antenna

For more information about this report visit https://www.researchandmarkets.com/research/rqzhbt/automotive_smart?w=12

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