On-Glass Antenna for Connected Vehicles Market Share

Report ID: 4121
Published Date: Dec 24, 2024
Report Format: PDF, PPT

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Geographically, the global on-glass antenna for connected vehicles market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Asia Pacific industry is anticipated to hold largest revenue share by 2037, attributed to significant demand for automotive smart antennas propelled by strong economic growth, growing population, rapid urbanization, and growing connected cars. Furthermore, growing cellular applications and increasing demand for safety features in vehicles are driving emerging economies, such as China and India, along with Japan and South Korea, to introduce vehicle and road safety regulations. As of 2021, the connected car fleet in China and Japan was approximately 68 and 8 million units, respectively. These numbers are expected to grow to approximately 170 and 27 million units, respectively, by 2030. This is anticipated to provide untapped business opportunities for market players to invest in the region.

Global-On-Glass-Antenna-for-Connected-Vehicles-Market-growth

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On-Glass Antenna for Connected Vehicles Market Size Forecasts 2037

Frequently Asked Questions (FAQ)

The on-glass antenna for connected vehicles industry size is poised to witness over 8.2% CAGR during the forecast period i.e., between 2025-2037.

Growing concern towards automotive safety, and increasing penetration of IoT in the automotive industry with wireless technology incorporation and positioning technologies will impel the market growth.

Asia Pacific industry is anticipated to hold largest revenue share by 2037, attributed to significant demand for automotive smart antennas propelled by strong economic growth, growing population, rapid urbanization, and growing connected cars.

The major players in the market are Continental AG, HARADA INDUSTRY CO., LTD., TE Connectivity, Yokowo co., ltd., HELLA GmbH & Co. KGaA, Laird Connectivity, Telefonaktiebolaget LM Ericsson, AGC Inc., SCHAFFNER HOLDING AG, and others.