Automotive Antenna Market Analysis

Antenna Type Segment Analysis

Fin segment in the automotive antenna market share is estimated to exceed 44.7% by the end of 2035. Fin, also referred to as shark fin antennas, are constructed in such a way that they can withstand several hazards such as tree branches, car washes, and bad weather. It is popular in vehicles for its efficiency, stylish design, and getting along with modern vehicle technologies. Shark fin antennas are also frequently found in commercial cars and taxi fleets owing to their adaptability to voice, mobile data, WLAN, public safety, and asset tracking applications. Moreover, the need to install multiple antenna is reduced as the fin antenna alone performs various functions. This also lowers the expense of deploying the antenna. In January 2022, Mitsubishi Electric launched the world’s smallest antenna for high-precision satellite-based positioning in four frequency bands. This antenna is expected to be installed in drones, and diverse vehicles for autonomous driving.

Vehicles Type Segment Analysis

By 2035, passenger cars segment share in the automotive antenna market is expected to exceed 70%. This growth is attributed to the growing demand for better connectivity, navigation and infotainment systems in passenger cars. These cars have gained immense popularity among consumers across the globe due to features such as compact size, stylish design, and economic value. According to the data published by the International Organization of Motor Vehicle Manufacturers (OICS) in 2024, the sales of passenger vehicles worldwide stood at 65.27 million units in 2023.  The surging sales of luxury and premium vehicles and swift adoption of ADAS in passenger cars are other key factors expected to boost the segment growth during the forecast period.

Our in-depth analysis of the global automotive antenna market includes the following segments: