Market revenue in 2024 | USD 23.3 million |
Market revenue in 2030 | USD 59.9 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 |
Passenger vehicles was the largest segment with a revenue share of 74.25% in 2024. Horizon Databook has segmented the South Africa automotive smart antenna market based on passenger vehicles, commercial vehicles covering the revenue growth of each sub-segment from 2018 to 2030.
In South Africa, the adoption of smart antennas is steadily increasing. The South African government is taking steps to promote the automotive industry, including investments in infrastructure and supportive policies.
This creates a favorable environment for the adoption of advanced technologies like smart antennas. While the adoption of smart antennas in South Africa may be slower compared to more developed markets, the country's growing automotive industry and increasing consumer demand for connected cars are driving the demand for automotive smart antenna technology.
In the past few years, ADAS has become increasingly popular owing to the growing need for features such as automatic emergency braking, lane departure warning, and adaptive cruise control. Thus, the rising demand for ADAS and the notable benefits offered by ADAS are stimulating the growth of the automotive smart antenna market.
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