Automotive Smart Antenna Market Trends

Automotive Smart Antenna Market Trends

Automotive Vehicle-to-everything (V2X) communication-enabled smart antennas are sowing lucrative growth in the automotive smart antennas industry. These antennas facilitate seamless communication between vehicles and their surroundings, supporting applications such as Vehicle-to-Vehicle (V2V), Vehicle-to-Infrastructure (V2I), and Vehicle-to-Pedestrian (V2P) communication.
 

For instance, in November 2022, Quectel Wireless Solutions, a provider of IoT and automotive solutions, unveiled its latest AG18 module, representing the next evolution in Cellular Vehicle-to-Everything (C-V2X) technology. Quectel also presented a range of high-performance C-V2X antennas, catering to diverse automotive communication needs. With the increasing emphasis on connected and autonomous vehicles, the demand for smart antennas capable of enabling V2X communication is rising, leading to expanded opportunities and revenue growth in the automotive smart antennas market.
 

The evolution of autonomous driving technologies is significantly propelling the automotive smart antenna industry. As vehicles become increasingly autonomous, they require robust communication capabilities to interact with their surroundings effectively. Smart antennas play a vital role in facilitating V2V, V2I, and V2C communication, enabling seamless integration of autonomous features. This trend is fueling the demand for smart antennas capable of supporting high-speed, low-latency data transmission, boosting market expansion and innovations in antenna technology.