The automotive industry has been undergoing a dynamic change in recent years due to various factors such as declining fuel prices, low industry growth rate, emergence of electric and hybrid electric vehicles, improvement in automotive credit availability, aging vehicle fleet, and the emergence of disruptive trends such as car sharing and ride-hailing services globally. The stakeholders in the automotive ecosystems are gearing up for the highly competitive nature of the market.
The global automotive integrated antenna system market is projected to reach $2,426.9 million by 2031 from $913.6 million in 2021, growing at a CAGR of 10.28% during the forecast period 2022-2031. The growth in the automotive integrated antenna system market is expected to be driven by technological advancements and increasing demand for advanced driver assistance systems (ADAS).
Shark-Fin Antenna (Without TCU) Segment to Generate the Highest Demand in the Global Automotive Integrated Antenna System Market
The Shark-Fin Antenna (Without TCU) segment accounts for the largest share of the automotive integrated antenna system market. These antennas are growing in popularity because they are more resilient, aesthetically pleasing, and functional. Shark-Fin antennas are more compact and comprise multiple antenna components to accommodate a wide range of applications.
High Frequency Segment Accounts for Highest Share of the Global Automotive Integrated Antenna System Market
The high frequency segment accounts for the largest share of the automotive integrated antenna system market due to an increase in shipment of the conventional and connected cars globally. Ultra-high frequency antennas, on the other hand, operate in the frequency range of XX-XX GHz and are designed to have omnidirectional radiating properties. These antennas are helpful for long-distance communication, allowing data to be transferred across vast frequency ranges above 500MHz.
North America Region to Lead the Global Automotive Integrated Antenna System Market
The North America accounted for the largest share of the automotive integrated antenna system market. The evolution of information technology and the expanding use of the Internet of Things in automotive applications have given business operations in this industry new dimensions. As a result of these trends, the market for North American Telematics Control Units (TCUs) is expanding.
Recent Developments in the Automotive Integrated Antenna System Market
- In June 2022, Renesas Electronics Corporation launched the ISL78083, a integrated antenna system (PMIC) aimed at simplifying power supply design for use in multiple HD camera modules, reducing development cycles, bill of materials (BOM) cost, and supply chain risks.
- In June 2021, Microchip expanded its broad portfolio of dsPIC33C DSCs to cover the large memory segment with the new ISO 26262-compliant dsPIC33CK1024MP7xx family. This new family of dsPIC33C DSCs with 1 MB Flash enables applications running automotive software such as AUTOSAR, OS, MCAL drivers, ISO 26262 functional safety diagnostics, and security libraries. The family of dsPIC33 DSCs also includes a high-performance central processing unit (CPU) with a deterministic response and specialized peripherals for general automotive, advanced sensing and control, digital power, and motor control applications.
- In April 2021, STMicroelectronics launched a new fully integrated integrated antenna system (PMIC) for AMOLED displays that combine a low quiescent current and enhanced flexibility to extend the battery runtime of portable devices.
- In April 2021, Infineon Technologies AG introduced a new family of battery management ICs, including TLE9012DQU and TLE9015DQU. The ICs enable an optimized solution for battery cell monitoring and balancing. The devices are suitable for a wide range of industrial, consumer, and automotive applications, such as mild hybrid electric vehicles (MHEV), hybrid electric vehicles (HEV), plug-in hybrid electric vehicles (PHEV), and battery-powered electric vehicles (BEV).
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Competitive Landscape
The competitive landscape of the automotive integrated antenna system market includes different strategies undertaken by the automotive integrated antenna systems manufacturers to gain market presence. Some of the strategies adopted by them are new product launches and developments, partnerships, collaborations and joint ventures, and mergers and acquisitions. Among all the strategies adopted, partnerships, joint ventures, and collaborations have dominated the competitive landscape and are the most widely adopted strategy among automotive infotainment systems manufacturers.
Asia-Pacific (APAC) is the largest producer as well as a market for passenger cars and commercial vehicles globally, which further strengthens the role played by Asian companies in this domain. Some of the key companies in the Global Automotive Integrated Antenna System Market are TE Connectivity, Continental Automotive, Ficosa International S.A., Laird Connectivity, Harada Industry Co. Ltd., and Hella GmbH & Co. KGaA, among others.
The global Automotive Antenna Module Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the automotive antenna module market include Harada Industry Co., Ltd, Continental AG, LAIRD, Kymeta Corporation, Hirschmann Car Communication, Kathrein-Werke KG, Amphenol T Antennas, Antonics - ICP GmbH, Delphi Automotive LLP, u-blox.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Automotive Antenna Module Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/automotive-antenna-module-market/download-sampleMarket DynamicsThe global automotive antenna module market will see some best growth in future years.
The automotive antenna module is anticipated to grow attributed to the mix of factors, including booming automotive production and sale worldwide, rising demand for comfort and convenient vehicles, growing purchasing power, and emerging automotive technologies.
In addition, increasing vehicle launches, stringent regulations by countries for scrap vehicles, the growing trend of vehicle electrification, autonomous vehicle, and connected vehicles is predicted to present new market opportunities.
