Europe Automotive Smart Antenna Market Size & Outlook
Europe automotive smart antenna market, 2018-2030 (US$M)
Related Markets
Europe automotive smart antenna market highlights
- The Europe automotive smart antenna market generated a revenue of USD 764.0 million in 2024.
- The market is expected to grow at a CAGR of 12.8% 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, France is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 764.0 million |
| Market revenue in 2030 | USD 1,573.4 million |
| Growth rate | 12.8% (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, Europe region accounted for 27.5% 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 79.9% in 2024. Horizon Databook has segmented the Europe automotive smart antenna market based on passenger vehicles, commercial vehicles covering the revenue growth of each sub-segment from 2018 to 2030.
Europe has experienced notable growth in the automotive industry in the past few years, and it’s a major hub for automobile industry and subsequent technological innovations in the automotive sector.
Electric Vehicle (EV) adoption in Europe has been growing rapidly in the past few years due to the combination of government policies, environmental concerns, and improvements in EV technology. In recent years, Europe has become one of the leading markets for EVs.
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Automotive Smart Antenna Market Scope
Automotive Smart Antenna Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe automotive smart antenna market size, by country, 2018-2030 (US$M)
Europe Automotive Smart Antenna Market Outlook Share, 2024 & 2030 (US$M)
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