South Korea Automotive Smart Antenna Market Size & Outlook
South Korea automotive smart antenna market, 2018-2030 (US$M)
Related Markets
South Korea automotive smart antenna market highlights
- The South Korea automotive smart antenna market generated a revenue of USD 121.7 million in 2024 and is expected to reach USD 284.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 15.2% 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 121.7 million |
| Market revenue in 2030 | USD 284.5 million |
| Growth rate | 15.2% (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, South Korea accounted for 4.4% 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 90.8% in 2024. Horizon Databook has segmented the South Korea automotive smart antenna market based on passenger vehicles, commercial vehicles covering the revenue growth of each sub-segment from 2018 to 2030.
The country is experiencing rapid growth and development in the automotive smart antenna market. The market growth is propelled by a convergence of technological advancements shifting consumer preferences, rising demand for advanced safety features, and popularity of infotainment and telematics services.
The South Korean government is actively promoting the development of connected car technologies through supportive policies and regulations. The country is a major hub for testing and developing autonomous vehicles, with several companies and research institutions actively contributing to the innovations.
Furthermore, consumers are increasingly demanding advanced features like remote control, over-the-air updates, and personalized user experiences. All the aforementioned factors are improving the demand for automotive smart antenna, thereby supporting the growth of the market.
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 |
|---|
South Korea automotive smart antenna market size, by technology, 2018-2030 (US$M)
South Korea 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
