Global Automotive Antenna Market
APEJ Market Statistics
Asia Pacific automotive antenna market excluding Japan is expected to cross USD 6.7 billion by the end of 2037, which is the highest in contrast to the revenue of USD 2.8 billion to be generated in 2024. The market in this region is booming due to the rapidly expanding automotive industry in emerging countries such as India, and China. Growth in the automotive sector is further increasing the need for advanced communication technologies, leading to a surging demand for automotive antennas. These advanced communication technologies receive and transmit signals between the infrastructure and vehicles with the help of antennas.
Surging investment in smart cities in China is estimated to influence the automotive antenna market revenue generated in this country. Smart cities require vehicles to interact with infrastructure such as smart traffic lights and smart traffic management. By 2037, the China market is set to gather revenue of USD 4.3 billion.
The automotive antenna market in India is poised to generate a revenue of USD 0.8 billion by 2037, attributed to the surging demand for electric vehicles. As stated by the Press Information Bureau, on August 5, 2022, India had 13,92,265 units of electric vehicles running on the road as of 2022.
Indonesia’s expertise in manufacturing small, urban-friendly cars is an excellent fit for the adaptability of smart antennas. The country is expected to hold a market revenue of USD 0.2 billion by 2037.
North America Market Analysis-
North America automotive antenna market is set to register more than 5.5% growth from 2025 to 2037. This growth can be driven by rising growing need for safety features in modern automobiles and rapid adoption of advanced technologies.
Surging production of advanced system buses is estimated to boost the automotive antenna market growth in the United States. Additionally, the growing importance of AI and IoT devices in vehicles is fostering market expansion.
The automotive antenna market in Canada is predicted to expand at a revenue CAGR of 3.9 % through 2037 due to presence of major technological firms and automotive manufacturers that continuously support the research and development in antenna technologies. This has further driven the production and sales of modern vehicles in the country.
Author Credits: Saima Khursheed
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