India Automotive Smart Antenna Market Size & Outlook
India automotive smart antenna market, 2018-2030 (US$M)
Related Markets
India automotive smart antenna market highlights
- The India automotive smart antenna market generated a revenue of USD 117.8 million in 2024 and is expected to reach USD 303.8 million by 2030.
- The India market is expected to grow at a CAGR of 17.1% 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.
Automotive smart antenna market data book summary
| Market revenue in 2024 | USD 117.8 million |
| Market revenue in 2030 | USD 303.8 million |
| Growth rate | 17.1% (CAGR from 2025 to 2030) |
| Largest segment | Passenger vehicles |
| Fastest growing segment | Commercial 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 |
Other key industry trends
- In terms of revenue, India accounted for 4.2% of the global automotive smart antenna market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China automotive smart antenna market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 303.8 million by 2030.
Passenger vehicles was the largest segment with a revenue share of 80.98% in 2024. Horizon Databook has segmented the India automotive smart antenna market based on passenger vehicles, commercial vehicles covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing consumer expenditure on connected cars due to rising disposable incomes and the presence of several automotive manufacturers in the country is driving the market growth. India aims to become an all-electric vehicle nation by 2030.
To promote the widespread adoption of electric vehicles, the government has announced plans to introduce 10,000 electric buses and 50,000 electric rickshaws in the coming years. Owing to such initiatives, the demand for automotive smart antenna is improving rapidly.
The rising production and sales of electric cars are driving the demand for smart antenna systems that address their connectivity and communication requirements. Additionally, the rollout of 5G networks and the growing need for in-car streaming and real-time data transmission are also contributing to market growth.
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Automotive Smart Antenna Market Scope
Automotive Smart Antenna Market Companies
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India automotive smart antenna market size, by technology, 2018-2030 (US$M)
India Automotive Smart Antenna Market Outlook Share, 2024 & 2030 (US$M)
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