Automotive Antenna Module Market Share, Size, Trends and Growth

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Date Submitted: 09/07/2016 03:56 AM

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Technavio Announces the Publication of its Research Report Global Automotive Antenna Module Market 2016-2020

Technavio recognizes the following companies as the key players in the global automotive antenna module market: HARADA, Laird, Hirschmann Car Communication, Continental, Delphi, and Kathrein Automotive.

Other Prominent Vendors in the market are: Amphenol, Antonics-ICP, Kymeta, Schaffner Solutions, and u-blox.

Browse full report with TOC@

Commenting on the report, an analyst from Technavios team said: Satellite communication is cheaper to implement than the current 4G LTE communication. Currently, 4G LTE covers just 10% of the globe, and incremental investment needed for rest of the coverage is high compared to satellite communication. Hence, we expect the satellite broadband technology to replace mobile network technology. The trend of this shift in network technology will be positive for the automotive antenna module and telematics markets to a great extent.”

According to the report, vehicles worldwide are seeing the rising adoption of wireless connectivity that allows users to stay connected with the external world while driving. The connectivity not only enhances driving pleasure through navigation capabilities and other features, but also improves the safety quotient of the driver and passengers compared to traditional vehicles. Embedded cellular connectivity is the most reliable method to provide connectivity to the car. Growing adoption of this technology in the passenger car segment is a crucial driver for market growth. For instance, 34% of the new vehicles in the US have embedded cellular solution, and the percentage is expected to increase to 86% by 2020. Also, the global penetration of embedded cellular solutions accounted for 12% in 2015 and is expected to reach 50% by 2020.

Further, the report states that the antenna is a...