Automotive Antenna Market Key Players, Trends, Growth
Opportunities and Industry Forecast till 2022
“The factors that are playing a major role in the growth of
market are the high demand for wireless connectivity in
vehicles, rise in production of luxury vehicles, and rising
use of enhanced connectivity technologies in vehicles.”
Global automotive antenna market is expected to grow at a significant CAGR of 6.5% in the upcoming period
as the scope and its applications are rising enormously across the globe. The automotive antenna facilitates
communication and allows a moving vehicle to connect to the outside world. The aim is to enhance the driving
experience and increase safety by using wireless communication to perform the task.
The factors that are playing a major role in the growth of market are the high demand for wireless connectivity
in vehicles, rise in production of luxury vehicles, and rising use of enhanced connectivity technologies in vehicles.
However, regular updates in technology may restrain overall market growth in the years to come. Automotive
antenna market is segmented based on the frequency range, vehicle type, technology, end-user, and region.
High range, low range, and medium range frequency could be explored in an automotive antenna in the forecast
period. The high and medium range frequency accounted for the majority market share of the automotive
antenna and is estimated to lead the overall market in the years to come. The reason behind the overall market
growth could be the high demand from mid-sized and luxury vehicles.
Get Sample Copy of this Report @
https://www.millioninsights.com/industry-reports/automotive-antenna-market/request-sample
Electric vehicles, passenger vehicles, and commercial vehicles are the vehicle types that could be explored in
the automotive antenna in the forecast period. Electric vehicle sector comprises hybrid vehicles, battery-
operated electric vehicles, and plug-in hybrid vehicles. Passenger vehicles comprise sports utility vehicles,