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Global Automotive Antenna Module Market 2018-2022 | Increasing Connectivity Technologies in Vehicles to Boost Demand | Technavio

September 21, 2018

LONDON--(BUSINESS WIRE)--Sep 21, 2018-- analysts forecast the global automotive antenna module market to grow at a CAGR of over 9% during the forecast period, according to their latest market research report.

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Technavio has published a new market research report on the global automotive antenna module market for the period 2018-2022. (Graphic: Business Wire)

Development of software-defined antennas to control electronically is one of the major trends being witnessed in the . In a conventional antenna, the signal is received efficiently if the antenna is pointed in the direction of the signal. As a result, in automotive antennas, directivity plays an important role for the quality of signal reception. However, current antenna solutions use mechanical steering components to steer and point the antenna towards the transmitter direction. The development of software-defined antennas could provide an efficient solution to this, as these antennas would use a software to point and steer towards the signal direction electronically.

This report is available at a USD 1,000 discount for a limited time only:

According to Technavio analysts, one of the key factors contributing to the growth of the global automotive antenna module market is the increasing connectivity technologies in vehicles:

Global automotive antenna module market: Increasing connectivity technologies in vehicles

The global automotive market is witnessing an increase in the adoption of connectivity technologies. These connectivity features not only provide added comfort to vehicle occupants through their connected infotainment systems and navigation systems but also enhance the vehicle’s safety quotient. The growing penetration of connectivity in cars will have a significant role to play in driving the global automotive antenna module market during the forecast period.

According to a senior analyst at Technavio for research on automotive electronics, “Connected infotainment services in vehicles provide all modern features of entertainment, comfort, and information like remote diagnostics and electronic control unit software management. Remote diagnostics is witnessing increasing adoption in vehicles and will be crucial for the adoption of automotive antennas in mid-segment cars during the forecast period. For example, in countries such as the US, more than half of the vehicles are fitted with remote diagnostics, and the adoption rate of the same is expected to increase further during the forecast period.”

Global automotive antenna module market: Segmentation analysis

The global automotive antenna module market research report provides market segmentation by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

The Americas led the market in 2017 with a share of nearly 46%. This region is expected to dominate the market through 2022, however, there will be a decrease in its overall market share.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20180921005216/en/

CONTACT: Technavio Research

Jesse Maida

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INDUSTRY KEYWORD: AUTOMOTIVE OTHER AUTOMOTIVE

SOURCE: Technavio Research

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PUB: 09/21/2018 07:49 AM/DISC: 09/21/2018 07:49 AM

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