Market revenue in 2024 | USD 600.3 million |
Market revenue in 2030 | USD 1,195.3 million |
Growth rate | 12.2% (CAGR from 2025 to 2030) |
Largest segment | Commercial 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 |
Commercial vehicles was the largest segment with a revenue share of 77.38% in 2024. Horizon Databook has segmented the North America automotive smart antenna market based on passenger vehicles, commercial vehicles covering the revenue growth of each sub-segment from 2018 to 2030.
The region has experienced notable growth in the automotive smart antenna market, owing to increasing demand for advanced automotive antenna systems driven by growing consumer inclination for vehicles with high levels of connectivity, advanced infotainment systems, and smartphone integration.
The region has a tech-savvy population that prefers connected and smart technologies, which drives the demand for advanced automotive features, ultimately improving the demand for automotive smart antenna.
Some significant factors, such as the proliferation of connected cars, advancements in autonomous driving technology, and 5G network deployments, are improving the adoption of automotive smart antenna, thereby supporting the growth of the market.
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