Automotive Smart Antenna Market
The market for Automotive Smart Antenna was estimated at $3.8 billion in 2024; it is anticipated to increase to $7.7 billion by 2030, with projections indicating growth to around $13.8 billion by 2035.
Global Automotive Smart Antenna Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Automotive Smart Antenna industry revenue is expected to be around $4.3 billion in 2025 and expected to showcase growth with 12.5% CAGR between 2025 and 2034. These antennas are projected to become increasingly common in cars and play a role in ensuring safer and more connected driving experiences for all motorists, on the road.
Smart antennas used in automobiles have a element design that helps improve communication reliability by minimizing interference and boosting signal quality significantly. They play a role in enabling navigation services and entertainment options while also serving as essential components for vehicle tovehicle (VTY and vehicle, to infrastructure (VT1 communications which are fundamental aspects of advanced transportation systems.
Market Key Insights
- The Automotive Smart Antenna market is projected to grow from $3.8 billion in 2024 to $12.3 billion in 2034. This represents a CAGR of 12.5%, reflecting rising demand across Vehicle Connectivity, Vehicle Tracking and Monitoring and Advanced Driver Assistance Systems (ADAS).
- Continental AG, Denso Corporation, Harada Industry Co. Ltd are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Automotive Smart Antenna market and are expected to observe the growth CAGR of 11.3% to 15.0% between 2024 and 2030.
- Emerging markets including India, Mexico and Indonesia are expected to observe highest growth with CAGR ranging between 8.8% to 13.1%.
- Transition like Emergence of Autonomous Vehicles is expected to add $351 million to the Automotive Smart Antenna market growth by 2030.
- The Automotive Smart Antenna market is set to add $8.5 billion between 2024 and 2034, with manufacturer targeting GPS & FM/AM Application projected to gain a larger market share.
- With Rising demand for vehicle connectivity, and Evolution of autonomous vehicles, Automotive Smart Antenna market to expand 225% between 2024 and 2034.