The Global Automotive Smart Antenna Market to 2026 - Set to Achieve a CAGR of 16.7% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 18, 2019--The “Automotive Smart Antenna - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to this report, the Global Automotive Smart Antenna market accounted for $1.75 billion in 2017 and is expected to reach $7.01 billion by 2026 growing at a CAGR of 16.7% from 2017 to 2026.
Some of the factors such as growing demand for safety features in vehicles and rising cellular applications for connected vehicles are fueling the market growth.
However, lack of information technology and communication infrastructure in developing countries is restraining the market growth. Automotive Smart Antenna market is providing new profits opportunities in autonomous vehicle ecosystem.
Amongst Electric Vehicle, Battery Electric Vehicle (BEV) segment accounted held significant market share during the forecast period due to the implementation of strict emissions norms by the governments of different countries. Also, some governments now are offering subsidies for the use of environment-friendly cars.
By geography, Asia Pacific is significantly driven by strong economic growth and growing population. As a result of the growing population China is introducing vehicle and road safety regulations. Increasing demand for safety features in vehicles is expected to trigger the market for automotive smart antennas in the region.
Components Covered:Electronic Control Unit (ECU) Transceivers Other Components
Electric Vehicles Covered:Hybrid Electric Vehicle (HEV) Plug-In Hybrid Electric Vehicle (PHEV) Battery Electric Vehicle (BEV)
Vehicles Covered:Commercial Vehicle Light Duty Vehicle
Frequencies Covered:Very High Frequency Ultra High Frequency High Frequency
Companies Profiled:Continental Denso TE Connectivity Hella Laird Yokowo Harada Schaffner Kathrein Ficosa Harman Hirschmann Car Communication MD Electronik HUF Hulsbeck & Furst Wisi Group Calearo Antenne Lorom Inpaq Technology Pulselarsen Antenna
For more information about this report visit https://www.researchandmarkets.com/research/wzjw2d/the_global?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190118005272/en/
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Related Topics:Satellite Communications
INDUSTRY KEYWORD: TECHNOLOGY TELECOMMUNICATIONS SATELLITE AUTOMOTIVE GENERAL AUTOMOTIVE
SOURCE: Research and Markets
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PUB: 01/18/2019 09:41 AM/DISC: 01/18/2019 09:41 AM