The rising focus on making transportation more efficient and safe is propelling the growth of the automotive V2X antenna in the North American Region!

• Vikas Kumar
• December 22, 2023
• AUTOMOTIVE, NEWS
• Automotive V2X Antenna Market Analysis, Automotive V2X Antenna Market Forecast, Automotive V2X Antenna Market Growth, Automotive V2X Antenna Market Outlook, Automotive V2X Antenna Market Share, Automotive V2X Antenna Market Size, Automotive V2X Antenna Market Trends
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 The automotive V2X antenna market in the North American region held the largest market share and is expected to maintain its growth throughout the forecast period. North America is one of the biggest markets of passenger vehicles with almost 287 million passenger cars running on American roads and has a penetration of an average of 1.88 vehicles per household in the US and around 700 cars per 1000 people in North America, making it one of the highest in the world. The fundamental forces that played out for this high penetration are the early adoption of passenger cars with the industrial revolution and the economy of America which has been built around the automobile industry. American society relies heavily on their cars making it the most used mode of transportation, where almost 75 percent of American commuters use their own car to travel between their home to work. Car travel being an everyday life event has created a significant market for automotive V2X antennas, as the rising traffic on the pre-existing infrastructure will lead to traffic congestion, and safety issues which needs to be managed efficiently. Furthermore, other applications of V2X systems, leading to its mass-scale adoption are road safety-related warnings and alerts, traffic management and optimization, transit, and public transportation management, and commercial vehicle management help make roads safer and more convenient to travel. For instance, as per ITS America, the V2X system can help in almost 80 percent crash reduction, 40 percent roadways capacity increase, and 10 % emission and fuel waste reduction.

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The North American automotive V2X antenna market is expected to grow at a strong CAGR of around 38% during the forecast period (2022-2030). The factor driving this growth in North America is because of the fact that the USA is one of the biggest automotive manufacturers, also with the highest number of car ownerships. Moreover, there are almost 50 autonomous vehicle companies that are headquartered in the USA which is also the highest in the world. Furthermore, the USA has almost 127,000 autonomous vehicle patents. Additionally, North America has the required infrastructure in place which is required for the successful implementation of the V2X technology.

FIG. 1 APAC Automotive V2X Antenna Market Revenue (2020-2030)- USD Mn

“Amongst types, the nonplanar antenna segment held a dominating share of the market”

Based on antenna type, the market is segmented into planar, non-planar, and conformal antenna. Among these, the non-planar antennas are primarily used for V2X communications. The non-planar antennas are further segmented into Monopole antennas and Sharkfin antennas. Sharkfin antennas are the more recent innovations compared to other conventional antennas and they are going to grow at the highest CAGR during the forecasted period simply because of their more compact size and contain multiple antenna elements catering to multiple applications, and a well-designed sharkfin antenna can offer superior performance for applications such as navigation, tracking, communication, SDAR, V2V communication, WiFi, etc.

Based on technology, the market is bifurcated into DSRC (dedicated short-range communication) and C-V2X. Out of the two, the C-V2X shows a very promising future and going to grow with a significant CAGR during the forecasted period due to the fact that, C-V2X has lower latency, it also provides 20 to 30 percent more range and performs much better in the presence of obstructions and crowded highway situations than DSRC. Furthermore, C-V2X now getting side linked with 5G technology has increased the scope of more advanced-level applications such as platooning, advanced driving, extended sensors, and remote driving. Strict latency and high reliability should be guaranteed for emergency braking and collision avoidance in critical driving situations. C-V2X’s smallest transmission latency is at most 4ms, which can be lowered even further with 5G integration. Therefore, increasing the reliability of the technology, hence boosting the demand and the adoption rate.

For a detailed analysis of the Global Automotive V2X Antenna Market browse through – https://univdatos.com/report/automotive-v2x-antenna-market/

Global Automotive V2X Antenna Market Segmentation

Market Insight, by Antenna Type

• Planar antenna
• Nonplanar antenna
• Conformal antenna

Market Insights, by Technology

• DSRC
• C-V2X

Market Insights, by Communication System Type

• Vehicle to Vehicle
• Vehicle to Infrastructure
• Vehicle to Pedestrian
• Others

Market Insights, by Vehicle Type

• Passenger Vehicle
• Commercial Vehicle
• Others

Market Insight, by Region

• North America
  •  U.S.
  •  Canada
  •  Rest of North America
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Rest of Europe
• APAC
  • China
  • India
  • Japan
  • Australia
  • Rest of APAC
• Rest of the World

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