MarketsandMarkets’ research report, “Automotive Smart Antenna Market by Vehicle, Frequency, Component, Electric Vehicle, and Region - Global Forecast to 2025", says the global Automotive Smart Antenna Market is estimated to be $2.3 billion in 2018 and is projected to grow to $5.9 billion by 2025, at a CAGR of 14.2% during the forecast period. The growing cellular applications for connected vehicles and increasing connectivity-based safety features are some of the drivers fueling growth.
- The very high frequency segment to hold the largest share in the automotive smart antenna market, by frequency
- Ultra-high frequency is expected to grow at the highest CAGR in the global Automotive Smart Antenna Market during the forecast period
- Asia Pacific is expected to hold the largest market size in the Automotive Smart Antenna Market during the forecast period
- Key players in the market are Laird (UK), Continental (Germany), Kathrein (Germany), Ficosa (Spain), and TE Connectivity (Switzerland).
For more insights, request a free sample report.