Report ID: SQMIG25A2317
Report ID:
SQMIG25A2317 |
Region:
Global |
Published Date: October, 2024
Pages:
220
|
Tables:
88 |
Figures:
73
The Asia Pacific region is estimated to emerge as the dominant region in the global automotive smart antenna industry. Presence of leading automotive manufacturers, growing sales of vehicles, and evolving consumer preferences are expected to bolster the sales of automotive smart antenna in this region. Rising demand for advanced infotainment and navigation systems is also forecasted to create new opportunities for automotive smart antenna providers in the Asia Pacific region. Japan, South Korea, China, and India are home to some of the leading automotive manufacturers in the world thereby making them unmissable markets for automotive smart antenna suppliers.
Meanwhile, North America is expected to account for the second-largest share of the global automotive smart antenna market going forward. Rapid adoption of advanced connectivity technologies, growing investments in autonomous vehicle technologies, and growing demand for connected vehicles are offering new business scope for automotive smart antenna companies operating in this region. Rising use of 5G technology and the of prominent automotive manufacturers are also expected to promote the sales of automotive smart antennas in this region. Canada and the United States are slated to emerge as the most opportune markets in the North American region through 2031.
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Report ID: SQMIG25A2317