Global Automotive Antenna Module Market Overview
As per MRFR analysis, the Automotive Antenna Module Market Size was estimated at 10.08 (USD Billion) in 2022. The Automotive Antenna Module Market Industry is expected to grow from 10.8 (USD Billion) in 2023 to 20.1 (USD Billion) by 2032. The Automotive Antenna Module Market CAGR (growth rate) is expected to be around 7.14% during the forecast period (2024 - 2032).
Key Automotive Antenna Module Market Trends Highlighted
The Automotive Antenna Module Market is expected to experience significant growth due to the rising need for connected cars and Advanced Driver Assistance Systems (ADAS). The combination of infotainment systems, telematics, and V2X communication devices necessitates a strong antenna system. Furthermore, there has been an increase in the adoption of electric vehicles (EVs), which is driving demand for antennas with improved signal quality and range. Notably, the growing market for drivers includes boosting vehicle connectivity features together with better safety measures and user-friendliness. Manufacturers of antenna modules have an opportunity to develop their solutions based on market needs through the implementation of 5G networks and V2X communication expansion.
Among recent developments are smart antennas, which support adaptive beamforming and direction finding. Some companies are integrating antennas with other vehicle components like mirrors or headlamps so as to improve aesthetics and minimize the number of antennae. In order to optimize antenna performance and reduce interference, artificial intelligence (AI) and machine learning algorithms are being used by Antenna module manufacturers.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Automotive Antenna Module Market Drivers
Increasing Demand for Connected and Autonomous Vehicles
The growing adoption of connected and autonomous vehicles is a major driver of the Automotive Antenna Module Market Industry. As vehicles become more connected and autonomous, they require more antennas to support a wider range of functions, such as V2X communication, navigation, and entertainment. This increased demand for antennas is expected to drive the growth of the Automotive Antenna Module Market Industry in the coming years.
Government Regulations for Vehicle Safety
Government regulations for vehicle safety are another key driver of the Automotive Antenna Module Market Industry. In many countries, governments are implementing regulations that require vehicles to be equipped with certain safety features, such as lane departure warning systems and blind spot monitoring systems. These systems rely on antennas to function, which is expected to increase the demand for Automotive Antenna Modules.
Rising Popularity of Electric Vehicles
The rising popularity of electric vehicles is also expected to drive the growth of the Automotive Antenna Module Market Industry. Electric vehicles require different types of antennas than gasoline-powered vehicles due to the different electrical systems. This is expected to create new opportunities for Automotive Antenna Module manufacturers.
Automotive Antenna Module Market Segment Insights:
Automotive Antenna Module Market Antenna Type Insights
The Automotive Antenna Module Market is segmented into GPS Antenna Module, AM/FM Antenna Module, Bluetooth Antenna Module, Wi-Fi Antenna Module, Cellular Antenna Module, and Satellite Radio Antenna Module based on Antenna Type. The GPS Antenna Module segment is expected to hold the largest market share in 2023 and is projected to continue its dominance throughout the forecast period. The growth of this segment is attributed to the increasing adoption of GPS-based navigation systems in vehicles. The AM/FM Antenna Module segment is expected to witness a steady growth rate during the forecast period.
The demand for AM/FM radio in vehicles is expected to remain strong, driven by the growing popularity of satellite radio and the increasing number of vehicles equipped with infotainment systems. The Bluetooth Antenna Module segment is expected to grow at a significant rate during the forecast period. The increasing adoption of Bluetooth technology in vehicles for hands-free calling, music streaming, and other applications is driving the growth of this segment. The Wi-Fi Antenna Module segment is expected to witness a strong growth rate during the forecast period.The growing demand for in-vehicle Wi-Fi connectivity for internet access, entertainment, and other applications is expected to drive the growth of this segment. The Cellular Antenna Module segment is expected to grow at a healthy rate during the forecast period.
The increasing adoption of cellular technology in vehicles for telematics, emergency services, and other applications is driving the growth of this segment. The Satellite Radio Antenna Module segment is expected to witness a moderate growth rate during the forecast period.The increasing popularity of satellite radio in vehicles is driving the growth of this segment.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Automotive Antenna Module Market Vehicle Type Insights
In the Automotive Antenna Module Market, the Vehicle Type segment is a key participant with large revenue shares and significant market growth contributions. For instance, among these sub-segments, passenger cars dominate due to growing worldwide production and passenger vehicle sales. Passenger cars are increasingly equipped with advanced technologies such as infotainment systems, satellite navigation, and driver assistance systems, which have raised the need for reliable, high-performing antenna modules. Other crucial segments are commercial vehicles, which comprise trucks, buses, and vans that benefit from increasing demand for fleet telematics as well as vehicle tracking solutions.
Furthermore, there has been an increase in the preference for electric or hybrid cars, thereby leading to the widespread adoption of Antenna Modules supporting modern connectivity options like V2X communication alongside over-the-air updates. Additionally, Two-Wheelers embracing motorcycles as well as scooters are likely to witness sustained growth driven by emerging markets’ two-wheeler expansion. It is expected that the use of antenna modules in this sector will be propelled by rising demands for connected features and safety in two-wheelers
Automotive Antenna Module Market Application Insights
Cellular Connectivity is poised to lead the Automotive Antenna Module Market, garnering a significant revenue share by 2024. The segment's dominance is attributed to the increasing demand for seamless and reliable connectivity in vehicles. Cellular Connectivity enables a wide range of applications, including hands-free calling, navigation, and internet access, enhancing the overall driving experience and safety. Meanwhile, Satellite Radio and Telematics segments are anticipated to exhibit steady growth over the forecast period. Satellite Radio offers high-quality audio entertainment and information services, while Telematics provides vehicle diagnostics, remote monitoring, and emergency assistance, contributing to improved vehicle performance and convenience.In contrast, the Navigation and Bluetooth Connectivity segments are expected to experience moderate growth.
Navigation systems provide real-time directions and traffic updates, while Bluetooth Connectivity facilitates hands-free communication and audio streaming. However, the increasing adoption of smartphone-based navigation apps and the integration of Bluetooth functionality into infotainment systems may hinder the growth of these segments. Lastly, Wi-Fi Connectivity is projected to witness gradual growth as it enables internet access and wireless connectivity within the vehicle.This segment is expected to benefit from the growing popularity of connected car technologies and the increasing availability of Wi-Fi hotspots in public spaces.
Automotive Antenna Module Market Technology Insights
The Automotive Antenna Module Market is segmented based on technology into Ceramic Antenna Technology, Printed Circuit Board (PCB) Antenna Technology, and Surface Mount Technology (SMT) Antenna Technology. In 2023, the Ceramic Antenna Technology segment held the largest market share of 35.2%, and it is projected to continue its dominance throughout the forecast period. This growth is attributed to the increasing demand for high-performance antennas in automotive applications, such as advanced driver assistance systems (ADAS) and autonomous driving.The Printed Circuit Board (PCB) Antenna Technology segment is expected to witness significant growth over the forecast period, owing to its low cost and ease of integration with other electronic components. The Surface Mount Technology (SMT) Antenna Technology segment is also expected to experience steady growth due to its compact size and high efficiency. The Automotive Antenna Module Market is expected to reach a valuation of USD 12.6 billion by 2027, exhibiting a CAGR of 7.8% during the forecast period.
Automotive Antenna Module Market Regional Insights
The Automotive Antenna Module Market is segmented into North America, Europe, APAC, South America, and MEA. Among these regions, North America is expected to hold the largest market share in 2023, followed by Europe and APAC. The growth in the North American market is attributed to the increasing demand for connected and autonomous vehicles in the region. The European market is driven by stringent government regulations regarding vehicle safety and emissions. The APAC market is expected to witness the highest growth rate during the forecast period due to the rising demand for automobiles in developing countries such as China and India.South America and MEA are expected to contribute a smaller share to the overall market due to the lower penetration of automotive technologies in these regions.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Automotive Antenna Module Market Key Players And Competitive Insights:
Major players in the Automotive Antenna Module Market are focusing on expanding their product portfolio and enhancing their manufacturing capabilities to cater to the growing demand for advanced automotive antenna modules. The Automotive Antenna Module Market industry is witnessing a surge in mergers and acquisitions as companies seek to consolidate their market position and gain access to new technologies and markets. Leading Automotive Antenna Module Market players are investing heavily in research and development to develop innovative antenna solutions that meet the evolving needs of the automotive industry.
The Automotive Antenna Module Market development is driven by the increasing adoption of connected and autonomous vehicles, which require reliable and high-performance antenna solutions. The competitive landscape of the Automotive Antenna Module Market is characterized by the presence of both established players and emerging entrants.Continental AG is a leading global supplier of automotive components, including antenna modules. The company has a strong presence in the Automotive Antenna Module Market and offers a wide range of antenna solutions for various vehicle applications. Continental AG is focused on developing innovative antenna technologies to meet the evolving needs of the automotive industry. The company has a strong focus on research and development and invests heavily in new product development.
Denso Corporation is another major player in the Automotive Antenna Module Market. The company offers a wide range of antenna solutions for automotive applications, including GPS, cellular, and Bluetooth antennas. Denso Corporation is focused on developing innovative antenna solutions that meet the evolving needs of the automotive industry. The company has a strong focus on research and development and invests heavily in new product development.
Key Companies in the Automotive Antenna Module Market Include:
- Johanson Technology
- Valeo
- Continental
- Rosenberger
- Quectel Wireless Solutions
- LG Innotek
- Laird Connectivity
- Kyocera
- TE Connectivity
- Delphi Technologies
- Molex
- Denso
- Wistron
- Amphenol
- Harman
- Siretta
Automotive Antenna Module Market Industry Developments
The automotive antenna module market is poised for substantial growth over the next decade, driven by increasing demand for connected and autonomous vehicles. Recent developments include the integration of 5G technology into antenna modules, enabling faster data transmission and improved vehicle-to-vehicle communication. Additionally, the rising popularity of electric vehicles is driving demand for antennas with low-loss characteristics. Key players are investing in research and development to enhance antenna performance and efficiency. Mergers and acquisitions are also shaping the market landscape, with companies seeking to expand their product offerings and geographical reach.
Automotive Antenna Module Market Segmentation Insights
Automotive Antenna Module Market Antenna Type Outlook
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- GPS Antenna Module
- AM/FM Antenna Module
- Bluetooth Antenna Module
- Wi-Fi Antenna Module
- Cellular Antenna Module
- Satellite Radio Antenna Module
Automotive Antenna Module Market Vehicle Type Outlook
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- Passenger Cars
- Commercial Vehicles
- Two-Wheelers
Automotive Antenna Module Market Application Outlook
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- Satellite Radio
- Telematics
- Navigation
- Cellular Connectivity
- Bluetooth Connectivity
- Wi-Fi Connectivity
Automotive Antenna Module Market Technology Outlook
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- Ceramic Antenna Technology
- Printed Circuit Board (PCB) Antenna Technology
- Surface Mount Technology (SMT) Antenna Technology
Automotive Antenna Module Market Regional Outloo
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North America
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Europe
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South America
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Asia Pacific
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Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
10.08(USD Billion) |
| Market Size 2023 |
10.8(USD Billion) |
| Market Size 2032 |
20.1(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
7.14% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Johanson Technology, Valeo, Continental, Rosenberger, Quectel Wireless Solutions, LG Innotek, Laird Connectivity, Kyocera, TE Connectivity, Delphi Technologies, Molex, Denso, Wistron, Amphenol, Harman, Siretta |
| Segments Covered |
Antenna Type, Vehicle Type, Application, Technology, Regional |
| Key Market Opportunities |
Autonomous vehicles Evolving antenna technologies for V2X communication Electric vehicles Demand for high-performance antennas for EV-specific applications In-vehicle entertainment Integration of advanced antennas for enhanced multimedia experiences 5G connectivity Deployment of 5Gcompatible antennas for faster data transmission Smart antennas Growing adoption for enhanced signal reception and signal processing capabilities |
| Key Market Dynamics |
1 Increasing demand for connected vehicles2 Growing adoption of advanced driver assistance systems ADAS3 Surge in electric vehicle production4 Government regulations for vehicle safety and connectivity5 Technological advancements in antenna design |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Automotive Antenna Module Market was valued at approximately USD 10.8 billion in 2023 and is expected to reach USD 20.1 billion by 2032, exhibiting a CAGR of 7.14% during the forecast period.
North America region is anticipated to dominate the Automotive Antenna Module Market during the forecast period due to the increasing production and sales of vehicles in countries such as China, India, and Japan. Europe and North America are also expected to contribute significantly to the market growth.
The increasing demand for advanced driver assistance systems (ADAS), the growing adoption of autonomous vehicles, and the rising popularity of connected cars are some of the key factors driving the growth of the Automotive Antenna Module Market.
Automotive Antenna Modules are primarily used in various applications such as radio, GPS navigation, mobile connectivity, and satellite radio. Among these, mobile connectivity currently holds the largest market share.
Some of the prominent players in the Automotive Antenna Module Market include Continental AG, TE Connectivity, Kathrein Automotive GmbH, Amphenol Corporation, Rosenberger Hochfrequenztechnik GmbH & Co. KG, and CommScope Inc.
Advancements in antenna design, such as the integration of multiple antennas into a single module, are improving the performance and efficiency of Automotive Antenna Modules. Additionally, the adoption of 5G technology is driving the development of new antenna modules with higher bandwidth and lower latency.
Government regulations related to vehicle safety and emissions are influencing the development and adoption of Automotive Antenna Modules. Standards such as ISO 11898 and ISO 14229-1 define the requirements for automotive antenna performance and testing.
The integration of antennas with other vehicle components, such as sensors and cameras, is a growing trend in the Automotive Antenna Module Market. This trend is driven by the need for improved connectivity and data transmission in autonomous and connected vehicles.
The aftermarket for Automotive Antenna Modules is expected to expand as vehicles age and require replacement parts. Additionally, the increasing popularity of aftermarket upgrades, such as installing upgraded antennas for better reception, is contributing to the growth of the aftermarket.
The COVID-19 pandemic had a significant impact on the Automotive Antenna Module Market in 2020 and 2021 due to disruptions in supply chains and production. However, the market is expected to recover and resume its growth trajectory in the coming years.
