Automotive Smart Antenna Market Sets USD 8.49 Bn at 12.83% CAGR

Automotive Smart Antenna Market Review, Key Business Drivers and Top Players

According to market projections, the automotive smart antenna industry is expected to grow from USD 2.54 billion in 2024 to USD 8.49 billion by 2034, reflecting a CAGR of 12.83%. Asia Pacific led the automotive smart antenna market in revenue, while North America is set for strong growth. Passenger vehicles dominated by share, but commercial vehicles will grow fastest. OEMs led sales, with aftermarket seeing notable growth ahead.

The automotive smart antenna market is forecast to grow from USD 2.86 billion in 2025 to USD 8.49 billion by 2034, driven by a CAGR of 12.83% from 2025 to 2034. The rising adoption of ADAS-enabled vehicles coupled with integration of 5G technology in modern vehicles to enhance V2V connectivity is playing a vital role in shaping the industrial landscape.

Additionally, the growing sales of luxury cars in developed nations as well as increasing popularity of shark fin antennas has contributed to the overall market expansion. The advancements in 6G technology along with surging adoption of driverless taxis by fleet operators is expected to create ample growth opportunities for the market players in the upcoming days.

Automotive Smart Antenna Market Size 2024 - 2034

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Introduction

The automotive smart antenna market is a crucial branch of the automotive industry. This industry deals in manufacturing and distribution of automotive smart antennas in different parts of the world. There are several types of antennas developed in this sector comprising of shark fin antennas, fixed mast antennas and some others. It consists of numerous components including transceiver, ECU and some others. These antennas are designed for various types of vehicles such as SUVs, hatchbacks/sedan, light commercial vehicles, heavy commercial vehicles and some others. The rising use of smart antennas in luxury vehicles has contributed to the market expansion. This market is expected to rise significantly with the growth of the EV sector across the globe.

Highlights of the Automotive Smart Antenna Market

  • Asia Pacific generated highest revenue of the automotive smart antenna market.
  • North America is expected to grow with a significant CAGR during the forecast period.
  • By vehicle, the passenger vehicles segment held the largest share of the market.
  • By vehicle, the commercial vehicles segment is expected to grow with the highest CAGR during the forecast period.
  • By sales channel, the OEM segment led the market.
  • By sales channel, the aftermarket segment is expected to grow with a significant CAGR during the forecast period.

Key Metrics and Overview

Metric Details
Market Size in 2024 USD 2.54 Billion
Projected Market Size in 2034 USD 8.49 Billion
CAGR (2025 - 2034) 12.83%
Leading Region Asia Pacific
Market Segmentation By Vehicle, By Propulsion, By Sales Channel, By Frequency and By Region
Top Key Players Yokowo Co., Ltd.; Continental AG; DENSO Corporation; HARADA INDUSTRY CO., LTD.; HELLA GmbH & Co. KGaA

The major trends in this market consists of technological advancements, rising sales of luxury cars and popularity of passive antennas.

  • Technological Advancements

The integration of AI and IoT in smart antennas has enhanced navigation experience in modern vehicles.

  • Rising Sales of Luxury Cars

The sales of luxury cars in several countries such as Germany, UK, the U.S. and others has increased the demand for smart antennas.

  • Popularity of Passive Antennas

The popularity of passive antennas has increased rapidly due to its simple design and cost-effectiveness.

Vehicle Insights

How did the Passenger Vehicles Segment Led the Smart Antenna Market in 2025?

The passenger vehicles segment held the highest share of the market. The rising sales of passenger vehicles in several countries such as India, China, the U.S. and some others has boosted the market expansion. Also, the increasing use of smart antennas in luxury vehicles along with rapid adoption of electric cars is contributing to the overall industrial growth. Moreover, partnerships among automotive brands and market players to integrated advanced antennas in vehicles is expected to drive the growth of the smart antenna market.

The commercial vehicles segment is expected to grow with the fastest CAGR during the forecast period. The growing production of commercial vehicles in numerous countries such as Japan, South Korea, Germany and some others has driven the industrial expansion. Also, rapid deployment of smart antennas in commercial vehicles coupled with integration of advanced telematics solutions in modern trucks is playing a vital role in shaping the industrial landscape. Moreover, collaborations among market players to develop advanced smart antennas for the automotive sector is expected to propel the growth of the smart antenna market.

Sales Channel Insights

What Made OEM to be the Most Dominant Segment of Smart Antenna Market in 2025?

The OEM segment led the market. The growing demand for genuine antennas from automotive consumers has boosted the market expansion. Additionally, the rising investment by OEMs to develop advanced smart antennas to cater the needs of the automotive sector is playing a vital role in shaping the industrial landscape. Moreover, the integration of smart antennas by automotive OEMs to enhance navigation experience is expected to boost the growth of the smart antenna market.

The aftermarket segment is expected to expand with a significant CAGR during the forecast period. The rising demand for affordable antennas from developing nations such as India, Vietnam, Thailand and some others has boosted the market expansion. Also, the availability of smart antennas in online platforms coupled with offers and incentives provided by e-commerce companies is contributing to the industrial growth. Moreover, collaborations among market players to manufacture low-range automotive antennas is expected to propel the growth of the smart antenna market.

Geographical Insights

Why Asia Pacific dominated the Smart Antenna Market in 2025?

Asia Pacific held the largest share of the automotive smart antenna market. The rising sales of passenger vehicles in several countries such as India, Japan, China, South Korea and some others has driven the market expansion. Additionally, the increasing popularity of ride-sharing companies coupled with technological advancements in the automotive sector is playing a vital role in shaping the industrial landscape. Moreover, the presence of several market players such as Mitsumi Electric Co., Ltd, Harada Industry Co., Ltd., INFAC Corporation and some others is expected to boost the growth of the smart antenna market in this region.

  • According to the OICA, around 8,98,950 passenger vehicles were sold in Australia during 2024. (Source: OICA)

North America is expected to expand with a significant CAGR during the forecast period. The increasing demand for luxury vehicles in the U.S. and Canada has boosted the market growth. Also, numerous government initiatives aimed at enhancing vehicular safety coupled with rapid adoption of smart antennas by car owners to enhance the navigation experience in vehicles has contributed to the overall industrial expansion. Moreover, the presence of several market players such as TE connectivity, Laird Connectivity, Harman International Inc. and some others is expected to propel the growth of the smart antenna market in this region.

  • In March 2024, Laird Connectivity launched sub-GHz FlexDipole Antenna in the U.S. This antenna is designed to enhance smart transportation across this nation. (Source: Ezurio)

Industry Leader Announcement

  • In July 2024, Alexis Susset, the CTO of UnaBiz made an announcement stating that,” We are excited to work with HARADA, a world-class supplier for global automakers as we see more and more Sigfox 0G technology engagements and applications in the automotive sector. Our automobile OEM customers in Europe and Japan are leveraging Sigfox for asset tracking, stolen vehicle recovery, and telematics. HARADA’s antenna knowledge is unique and a key enabler for us to expand globally and deploy solutions tailored to the automotive sector. We couldn’t be more excited to launch such a key collaboration in an industry we look forward to supporting in its digital transformation.”

Competitive Landscape

Automotive Smart Antenna Market Companies

The automotive smart antenna market is a rapid developing industry with the presence of various dominating players. Some of the prominent companies in this industry consists of TE Connectivity Corporation; Yokowo Co., Ltd.; Continental AG; DENSO Corporation; HARADA INDUSTRY CO., LTD.; HELLA GmbH & Co. KGaA; Laird Technologies, Inc.; Schaffner Holding AG; NXP Semiconductors N.V.; FICOSA Group; Robert Bosch GmbH; Kathrein SE. and some others. These companies are constantly engaged in manufacturing automotive smart antennas and adopting numerous strategies such as joint ventures, acquisitions, partnerships, launches, business expansions, collaborations and some others to maintain their dominance in this industry.

Denso Mobility Electronics Revenue in Billion Yen (2023-24)

  • According to the annual report of Denso Corporation, the revenue of the mobility electronics segment in 2023 was 1615.50 billion yen that increased to 1941.80 billion yen in 2024. (Source: Denso)

Recent Developments

  • In March 2025, Quectel launched a 5G antenna named as ‘YFCX001WWAH’. This antenna is designed for improve connectivity in automotive. (Source: Business Wire)
  • In May 2024, Leica Geosystems launched Leica CR50. Leica CR50 is a new smart antenna designed for the automotive sector. (Source: GPS World)
  • In May 2024, Zetifi launched a new range of smart antennas. This new range of smart antennas are designed for the automotive consumers of Australia. (Source: Zetifi)

Automotive Smart Antenna Market Segments

By Vehicle

  • Passenger Vehicles
  • Commercial Vehicles

By Propulsion

  • Electric
  • Non-Electric

By Sales Channel

  • OEM
  • Aftermarket

By Frequency

  • High
  • Very High
  • Ultra-High

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • The Middle East and Africa
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  • Insight Code: 1167
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Last Updated: 26 June 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Laxmi Narayan is a seasoned Research Analyst at Towards Automotive, with 5 years of specialized experience in market research, analysis, and consulting within the automotive technology domain.

Learn more about Laxmi Narayan

Aditi Shivarkar, with 14+ years of experience in automotive market research, specializes in tracking trends across vehicle technologies, mobility solutions, and materials innovation. She delivers accurate, actionable insights that drive excellence in the automotive sector—fueling strategies around electrification, sustainability, and advanced manufacturing.

Learn more about Aditi Shivarkar
FAQ's

The market is driven by the increasing adoption of ADAS-enabled and connected vehicles, the integration of 5G/6G technologies, and the rise in luxury and electric vehicle sales, particularly in Asia Pacific and North America. Additionally, the growing use of smart antennas in ride-sharing and driverless fleet services supports market growth.

Electric vehicles require advanced connectivity for telematics, over-the-air updates, and V2X communications. This has led to a surge in demand for high-performance smart antennas, particularly among OEMs prioritizing smart mobility and infotainment systems.

5G enables faster, more reliable V2V and V2I communications, essential for autonomous driving and real-time vehicle tracking. The potential arrival of 6G will further enhance these capabilities, opening doors for innovations in navigation, safety, and infotainment.

Asia Pacific currently dominates due to high vehicle production, especially in China and India. However, North America shows robust CAGR projections due to the demand for luxury vehicles, smart infrastructure, and safety-focused regulatory initiatives.

The market is becoming increasingly competitive with companies like DENSO, Continental AG, TE Connectivity, HELLA, and Yokowo focusing on innovation through AI-IoT integration, strategic partnerships, and product diversification. M&A and joint ventures are frequent to expand global footprints.

Key disruptions include the integration of AI and IoT, rise of passive antennas due to cost efficiency, and advancements in software-defined antennas enabling dynamic frequency and communication adaptation. Fleet operators are increasingly adopting antennas optimized for driverless taxi systems.

The passenger vehicles segment leads in terms of revenue, especially in luxury and electric cars. Meanwhile, the commercial vehicle segment offers high CAGR potential due to increasing production and smart telematics integration in logistics and delivery vehicles.

OEMs dominate due to their push for integrated antenna systems in newly manufactured vehicles. However, the aftermarket is expanding significantly in emerging markets, driven by rising demand for affordable antenna solutions and the proliferation of e-commerce platforms.

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