Industry Background:
Automotive antenna module is a passive device which is designed to be mounted on the vehicle refers to receive and transfer information. It is usually installed as a standard feature in the latest models of cars such as Jaguar XF, Chevrolet Corvette Stingray, BMW 7series, Scion tC, Mercedes-Benz E-class, and others. Being an unavoidable part of wireless communication, automotive antenna modules are communication devices to serve a number of purposes in a vehicle like FM/AM radio, satellite/digital radio, data exchange through Bluetooth or Wi-Fi access systems, navigation, global positioning, phone pairing or connectivity and safety. The integration of wireless connectivity offers high growth rate to the market over forecast periodThis growth is primarily driven by Rise in Demand for Wireless Connectivity in Vehicles Across the Globe and Opting Satellite Broadband Technology Over Mobile Network Technology.
Globally, a noticeable market trend is evident Adoption of Innovative Technologies for the Passenger Cars Worldwide
. The Wireless Telecommunication Services sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as SCHAFFNER HOLDING AG (Switzerland), HARADA INDUSTRY CO., LTD (Japan), Continental AG (Germany), LAIRD (United Kingdom), Kymeta Corporation (United States), Hirschmann Car Communication (Germany), KATHREIN-Werke KG (Germany), Amphenol T&M Antennas (United States), ANTONICS - ICP GmbH (Germany), Delphi Automotive LLP (Ireland) and u-blox (Switzerland) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On 23 March 2018, Continental uses cyber security technology to ensure comprehensive protection against possible hacker attacks on safety-relevant vehicle components and in production plants. The trend towards digitalization, connectivity and automated driving means vehicles are becoming part of the Internet of Everything. However, vehicles today are already potential targets for hacker attacks, which is why the security of data and safety-relevant components is a current concern in the automotive industry
Market Drivers
- Rise in Demand for Wireless Connectivity in Vehicles Across the Globe
- Opting Satellite Broadband Technology Over Mobile Network Technology
Market Trend
- Adoption of Innovative Technologies for the Passenger Cars Worldwide
- Increasing Demand for Vehicles with Improved Signal Quality and Optimum Scalability
Restraints
- Signal Interference During Sharing and Receiving of Information
Opportunities
Increasing Demand from Emerging Economies Such As India and China
Challenges
Automotive Antenna Module Produces Polarized Radiation in Circular Direction
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Automotive Antenna Module Study Sheds Light on
The Automotive Antenna Module Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Automotive Antenna Module industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Automotive Antenna Module industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.