QY Research has published a new report on the global automotive antenna module market. The global Automotive Antenna Module market was valued at US$ 1795.30 million in 2019 and it is expected to reach US$ 2064.71 million by the end of 2026, growing at a CAGR of 4.47% during 2021-2026.
Automotive antenna module is an electrical component which is designed to be mounted on the vehicle refers to receive and transfer information. Typically, an antenna consists of an arrangement of metallic conductors (elements), electrically connected (often through a transmission line) to the receiver or transmitter. An oscillating current of electrons forced through the antenna by a transmitter will create an oscillating magnetic field around the antenna elements, while the charge of the electrons also creates an oscillating electric field along the elements. These time-varying fields radiate away from the antenna into space as a moving transverse electromagnetic field wave. Conversely, during reception, the oscillating electric and magnetic fields of an incoming radio wave exert force on the electrons in the antenna elements, causing them to move back and forth, creating oscillating currents in the antenna.
Global Automotive Antenna Module Market: Market Driver Analysis
Automotive industry is a huge market. With the improving of life quality, more and more people has rigid demand for automobile. The automotive industry has boosted related industry’s development, such as automotive components. Demand from automotive industry support antenna module industry.
Global Automotive Antenna Module Market: Segmental Analysis
The classification of automotive antenna module includes Fin Type, Rod Type, Screen Type. Fin type antennas are shaped like shark fins, in contrast to conventional black rod type antennas; they were developed with an emphasis on design as to synchronize with the car body. These antennas are not prone to theft as they are fully attached to the car body, unlike rod type antennas which could be dismantled. Also, since they are short, drivers need not worry about bumping their antennas in garages with low ceilings.
Presently, fin type is the most widely used type. In 2019, more than 45% of automotive antenna modules belong to the fin type.
Global Automotive Antenna Module Market: Regional Analysis
North America, Europe, Asia-Pacific, South America, Middle East and Africa are analyzed in the report. There are no doubts that Asia Pacific is the largest consumers due to the demand from China. In 2019, Asia Pacific consumed 52.32% automotive antenna module globally.
Global Automotive Antenna Module Market- Key Players
Laird, Harada, Yokowo, Continental, TE Connectivity, Northeast Industries, Ace Tech, Tuko, Suzhong, Shenglu, Fiamm, Riof, Shien, Tianye, are some of the key players, functioning in the global automotive antenna module market. Market competition is intense. Laird, Harada, Yokowo, Continental, TE Connectivity etc. are the leader of this industry.
Read More Information: https://www.qyresearch.com/index/detail/1637662/global-automotive-antenna-module-market
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