Automotive Antenna Market Emerging Trends, Technological Analysis and Forecast to 2022
Global Automotive Antenna Market is expected to grow at a significant CAGR of 6.5% in the upcoming period as the scope and its applications are rising enormously across the globe. The automotive antenna facilitates communication and allows a moving vehicle to connect to the outside world. The aim is to enhance the driving experience and increase safety by using wireless communication to perform the task. The factors that are playing a major role in the growth of market are the high demand for wireless connectivity in vehicles, rise in production of luxury vehicles, and rising use of enhanced connectivity technologies in vehicles. However, regular updates in technology may restrain overall market growth in the years to come. Automotive antenna market is segmented based on the frequency range, vehicle type, technology, end-user, and region.
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