Asia-Pacific Automotive Integrated Antenna System Market - Analysis and Forecast, 2022-2031
Introduction to Asia-Pacific Automotive Integrated Antenna System Market
The Asia-Pacific automotive integrated antenna system market (excluding China) is projected to reach $393.4 million by 2031 from $132.9 million in 2022, growing at a CAGR of 12.81% during the forecast period 2022-2031. Advanced driver assistance systems (ADAS) and technology improvements are anticipated to fuel the growth of the automotive integrated antenna system market.
Market IntroductionSeveral factors are driving the automotive integrated antenna system market in the Asia-Pacific (APAC) region. These factors include the increasing demand for Power Management Integrated Circuits (PMICs) in advanced driver assistance systems (ADAS), the growing production and sales of electric vehicles, and the widespread implementation of 5G networks. Large Original Equipment Manufacturers (OEMs) are deliberately concentrating on slow technical developments in order to gain a substantial portion of the market in established automobile markets. A significant increase in data flow into and out of vehicles is required for emerging applications like vehicle-to-everything (V2X), advanced driver assistance systems (ADAS), firmware-over-the-air (FOTA), diagnostics, real-time maps, etc. This has resulted in a significant expansion in the number and types of antennas. The position of these antenna systems must be carefully considered in order to achieve best performance.
The increasing number of vehicles being equipped with antennas is a problem in terms of packaging and positioning strategies that work, given the variety of vehicle types and elements that influence wireless system reception.
Market Segmentation:Segmentation 1: by Vehicle TypePassenger Vehicles
Commercial Vehicles
Segmentation 2: by Antenna TypePlanar Antenna
Non-Planar Antenna
Segmentation 3: by ComponentTelematics Control Unit (TCU)
Antennas
Cables
Data Connectors
Segmentation 4: by Antenna DesignShark-Fin Antenna (without TCU)
Antenna Farm (Without TCU)
Antenna Farm with TCU
TCU Box with Integrated Antenna
Antenna Farm with Slim TCU
Segmentation 5: by ConnectivityGNSS/GPS
WiFi-Bluetooth
Cellular
Others
Segmentation 6: by FrequencyHigh Frequency
Very High Frequency
Ultra-High Frequency
Segmentation 7: by CountryJapan
India
South Korea
Rest-of-Asia-Pacific and Japan
How can this report add value to an organization?Product/Innovation Strategy: Increasing demand for cooling of batteries and high-temperature parts in electric vehicles is boosting the growth of the automotive integrated antenna system market. Therefore, the automotive integrated antenna system market business is a high-investment and high-revenue generating model.
Growth/Marketing Strategy: The Asia-Pacific automotive integrated antenna system market is an exponentially growing market holding enormous opportunities for the market players. Some of the strategies covered in this segment are product launches, partnerships and collaborations, business expansions, and investments. The companies' preferred strategy has been product launches, partnerships, and collaborations to strengthen their positions in the Asia-Pacific automotive integrated antenna system market.
Competitive Strategy: Key players in the Asia-Pacific automotive integrated antenna system market analyzed and profiled in the study involve automotive integrated antenna system market-based product manufacturers that provide raw or processed products. Moreover, a detailed competitive benchmarking of the players operating in the Asia-Pacific automotive integrated antenna system market has been done to help the reader understand the ways in which players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Key Market Players and Competition SynopsisThe companies that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.
Some of the prominent names established in this market are:Harada Industry Co. Ltd.
Denso Corporation
Yokogawa Electric Corporation
AGC Automotive
ACE Technologies Corporation
Mistral Solutions Pvt. Ltd.
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