According to a new report, published by KBV research, The Global Automotive Smart Antenna Market size is expected to reach $5.84 billion by 2031, rising at a market growth of 11.8% CAGR during the forecast period.
The rise of electric vehicles (EVs) contributes to adopting smart antennas. EVs often have advanced connectivity features to optimize battery management, track vehicle performance, and facilitate communication with charging infrastructure. Smart antennas enable seamless interaction between the vehicle and external systems, ensuring efficient operation and user convenience.
The Passenger Vehicles segment captured the maximum revenue in the Global Automotive Smart Antenna Market by Vehicle in 2023, thereby, achieving a market value of $3.8 billion by 2031. This segment’s dominance is driven by the growing demand for advanced connectivity features in personal vehicles, such as infotainment systems, GPS, and safety technologies. The increasing integration of connected car technologies and autonomous driving systems in passenger vehicles has led to a greater need for efficient and reliable smart antenna solutions.
The Non-electric segment is experiencing a CAGR of 11.5 % during the forecast period. This is largely due to the widespread use of conventional internal combustion engine (ICE) vehicles, which still dominate the global automotive industry. These vehicles continue to rely on non-electric propulsion systems, so the demand for automotive smart antennas in non-electric vehicles remains high.
The Ultra-High segment led the maximum revenue in the Global Automotive Smart Antenna Market by Frequency in 2023, thereby, achieving a market value of $2.4 billion by 2031. This is largely due to the increasing demand for advanced communication technologies such as 5G connectivity, vehicle-to-everything (V2X) communication, and high-speed data transfer systems in modern vehicles. Ultra-high frequencies are critical for enabling these technologies, providing faster and more reliable connections essential for the growing adoption of autonomous driving and connected vehicle systems.
The OEM segment is growing at a CAGR of 11.5 % during the forecast period. This is primarily due to the increasing integration of advanced antenna systems directly into vehicles during manufacturing. Automakers are increasingly adopting automotive smart antennas as a part of their vehicle models, driven by the rising demand for connected car technologies such as infotainment systems, GPS, and advanced safety features.
Full Report: https://www.kbvresearch.com/automotive-smart-antenna-market/
The Asia Pacific region dominated the Global Automotive Smart Antenna Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2.3 billion by 2031. The North America region is anticipated to grow at a CAGR of 11.1% during (2024 - 2031). Additionally, The Europe region would witness a CAGR of 11.3% during (2024 - 2031).
By Vehicle
By Propulsion
By Frequency
By Sales Channel
Unique Offerings 
