Global Automotive Smart Antenna Market Status and Forecast 2025
Bharat Book Bureau Provides the Trending Market Research Report on "Global Automotive Smart Antenna Market Size study, by Frequency, by Component, by Vehicle, by Electric Vehicle, Hybrid Electric Vehicle and Regional Forecasts 2018-2025” (https://www.bharatbook.com/marketreports/global-automotive-smart-antenna-market-size-study-by-frequency-by-component-by-vehicle-by-electric-vehicle-hybrid-e/1436180) under Heavy Industry Category. The report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.
Global Automotive Smart Antenna Market is valued approximately USD 1.8 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 14% over the forecast period 2018-2025. Smart antennas also known as digital antenna arrays or multiple antennas that are used to identify spatial signal signatures such as the direction of arrival (DOA) of the signal in vehicles. Increasing installation of safety and convenience features in light and heavy-duty vehicles, and growing advancements in the field of vehicle electronics is expected to promote the growth of the market. According to global strategy by the United Nations’ Decade of Action for Road Safety is expected to reduce fatalities and injuries by 50 per cent by 2020 through advanced safety features in vehicles. Thus, growing advancement in automotive sector is also driving the market growth.
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Last Update : Jun 10, 2019
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