Saudi Arabia Automotive Smart Antenna Market Size & Outlook
Saudi Arabia automotive smart antenna market, 2018-2030 (US$M)
Related Markets
Saudi Arabia automotive smart antenna market highlights
- The Saudi Arabia automotive smart antenna market generated a revenue of USD 8.0 million in 2024 and is expected to reach USD 24.4 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 20.3% 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 8.0 million |
| Market revenue in 2030 | USD 24.4 million |
| Growth rate | 20.3% (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, Saudi Arabia accounted for 0.3% 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 Middle East & Africa, South Africa automotive smart antenna market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 24.4 million by 2030.
Passenger vehicles was the largest segment with a revenue share of 77.5% in 2024. Horizon Databook has segmented the Saudi Arabia automotive smart antenna market based on passenger vehicles, commercial vehicles covering the revenue growth of each sub-segment from 2018 to 2030.
The automotive smart antenna market in Saudi Arabia is expected to grow rapidly in the coming years, driven by several factors, including rising government investments in smart city projects and infrastructure development, growing deployments of 4G and 5G networks, increasing deployment of autonomous vehicles, and increasing consumer expenditure on connected car technologies.
Saudi Arabia's EV sector is expected to increase production by 600,000 annually. The Saudi government is offering incentives like tax exemptions and subsidies to encourage EV adoption.
The Saudi Arabian Public Transport Authority (PTA) also plans to introduce electric buses into public transportation. Owing to such a growing focus on EV adoption, the demand for automotive smart antenna is expected to grow rapidly.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Automotive Smart Antenna Market Scope
Automotive Smart Antenna Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia automotive smart antenna market size, by technology, 2018-2030 (US$M)
Saudi Arabia Automotive Smart Antenna Market Outlook Share, 2024 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
