Proficient Market announces the release of the report “Global Integrated Glass Antennas Market by Product Type (Windshield, Backlite, Side Windows and Others) and by End-Users/Application (Passenger Vehicle, Commercial Vehicle) Global Market Share, Forecast Data, In-Depth Analysis, and Detailed Overview, and Forecast, 2015 – 2027” to its research database. This Integrated Glass Antennas Market report analyzes the comprehensive overview of the market comprising an executive summary that covers core trends evolving in the market.
In terms of revenue, global integrated glass antennas market in 2018 stood at USD 636.43 million and is expected to reach USD 1,812.57 million by 2026 growing at a CAGR of 16.13% from 2019 to 2026.
Some of the global major players operating in the global integrated glass antennas market include: Saint-Gobain Sekurit, AGC Inc., Continental AG, Laird Connectivity, Harada Industry Co., Ltd., Central Glass Co., Ltd. and Others.
Drivers for the Global Integrated Glass Antennas Market: Increasing vehicle registrations across the globe due to increasing disposable income is playing a vital role in industry growth. However, high penetration of auto finance companies, with easier leasing and credit availability are fueling the automobile ownership growth. While rushing demand for automobiles especially in developing economies, rapid urbanization, increasing disposable income, and high purchasing power are creating a positive impact in the automotive market. While the increase in the vehicle led to the technological advancement that has resulted in greater dependency on microelectronic components. Hence, development in the automobile sector is the major driver responsible for the growth of the Integrated Glass Antenna market.
Opportunities for the Global Integrated Glass Antennas Market: Due to the multiple new technology innovations and market shifts hitting the industry at the same time, automakers are prepared for the evolution in the automotive industry. While the manufactures of the automotive industry, bring a different concept to the automotive industry as well as companies are involved in investment & acquisition of new technological capabilities. While the traditional automotive infrastructure of the elements such as powertrains, interiors, electrical systems, and safety systems are replaced by new technology. These all factors are responsible to create remunerative opportunities for integrated glass antennas during the forecast period.
Restrains for the Global Integrated Glass Antennas Market: Due to the absence of regional connectivity between states with access to submarine cables and landlocked countries and the scarcity of cross-border backbone links is creating a gap in access to the World-Wide Web. Without a reliable network and good internet speed in the changing areas, users are unable to access the interactive mode of communication. Hence, irregular mobile internet connectivity can hamper the growth of the integrated glass antennas market. While the rapid innovations in the automotive industry along with the increase in the collaborations have created the challenges of patent litigation risk for suppliers & automakers which is hampering the growth of the integrated glass antennas market.
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Region Wise, Global Integrated Glass Antennas Market Analysis: Region wise, global integrated glass antennas market can be segmented into North America, South America, Europe, Asia Pacific, Latin America, Middle East and Africa. Among all Asia Pacific leads the global integrated glass antennas market share which is followed by North America and Europe. While the Asia Pacific leads the global integrated glass antennas market due to the expansion of the medical sector followed by the automotive and electronics sectors in this region. While Rise in GDP, growth in research activities, and increase in investment in healthcare is accelerating the global integrated glass antennas market in the Asia Pacific region.
Global Integrated Glass Antennas Market: Product analysis
On the basis of type, Windshield accounted for largest share of total revenue generated. Because, Windshields protect the vehicle’s occupants from wind and flying debris that includes dust, insects, and rocks. While it offers an aerodynamically formed window towards the front. Also, the windshields are made up of laminated safety glass. Thus, due to the following specifications such as easy installation, safe & economical nature of windshields glass antennas is boosting the growth of the integrated glass antennas market.
Global Integrated Glass Antennas Market: Application analysis
The demand for Global integrated glass antennas market is highest from Passenger Vehicle, due to due to increasing disposable income & purchasing power capacity of the people of the developing countries such as India & China. While the changes in the lifestyle of the people along with the rapid urbanization lead to an increase in travel which creates the demands for its own vehicle for travel which led to the growth of the automobile sector which is responsible for the growth of Passenger Vehicles in the Integrated Glass Antenna market.
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Global Integrated Glass Antennas Market: Region analysis
North America: U.S., Canada, Mexico
Europe: U.K., France, Germany, Spain, Italy, Rest of Europe
Asia Pacific: China, Japan, South Korea, ASEAN, India
Rest of Asia Pacific: Latin America, Brazil, Argentina, Colombia, Rest of L.A.
Middle East and Africa: Turkey, GCC, UAE, South Africa, Rest of Middle East
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