Market revenue in 2024 | USD 78.1 million |
Market revenue in 2030 | USD 163.5 million |
Growth rate | 13.1% (CAGR from 2025 to 2030) |
Largest segment | Commercial vehicles |
Fastest growing segment | Passenger Vehicles |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 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 |
Commercial vehicles was the largest segment with a revenue share of 76.31% in 2024. Horizon Databook has segmented the Canada automotive smart antenna market based on passenger vehicles, commercial vehicles covering the revenue growth of each sub-segment from 2018 to 2030.
The Canadian automotive smart antenna market growth is significantly influenced by its wide range of applications within the automotive sector. Some notable applications include vehicle-to-everything (V2X) communication systems, consumer demand for enhanced driving experiences, collision avoidance systems, and real-time vehicle diagnostics.
Most new vehicles in Canada now come equipped with telematics and infotainment systems, which include connectivity features like smartphone integration, Wi-Fi hotspots, and real-time navigation systems.
These systems are becoming standard in many new models, contributing to the rise of connected cars, thereby improving the demand for smart antenna. This growing recognition of the potential benefits of smart antenna is expected to drive substantial market expansion in Canada over the coming years.
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