Asia Pacific Automotive Smart Antenna Market Size & Outlook
Asia Pacific automotive smart antenna market, 2018-2030 (US$M)
Related Markets
Asia Pacific automotive smart antenna market highlights
- The Asia Pacific automotive smart antenna market generated a revenue of USD 1,146.4 million in 2024.
- The market is expected to grow at a CAGR of 14% from 2025 to 2030.
- In terms of segment, passenger vehicles was the largest revenue generating technology in 2024.
- Commercial Vehicles is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 1,146.4 million |
| Market revenue in 2030 | USD 2,518.6 million |
| Growth rate | 14% (CAGR from 2025 to 2030) |
| Largest segment | Passenger vehicles |
| Fastest growing segment | Commercial Vehicles |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Passenger Vehicles, Commercial Vehicles |
| Key market players worldwide | Airgain Inc, Nokia Oyj, ArrayComm, Broadcom Inc, CalAmp, Cobham Wireless, Intel Corp, Motorola Solutions Inc, Samsung Electronics Co Ltd, Semtech Corp |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 41.2% of the global automotive smart antenna market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 226.0 million by 2030.
Passenger vehicles was the largest segment with a revenue share of 84.66% in 2024. Horizon Databook has segmented the Asia Pacific automotive smart antenna market based on passenger vehicles, commercial vehicles covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific region is marking a notable growth in the automotive smart antenna market owing to the continuous expansion of the automotive industry, especially in countries including China, Japan, India, and South Korea.
The rising demand for connected cars that require advanced communication systems is creating ample growth opportunities for the market in Asia Pacific. Moreover, new-generation electric vehicles (EVs) have gained traction due to their smart features, advanced technology, and connected services.
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Automotive Smart Antenna Market Scope
Automotive Smart Antenna Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific automotive smart antenna market size, by country, 2018-2030 (US$M)
Asia Pacific Automotive Smart Antenna Market Outlook Share, 2024 & 2030 (US$M)
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