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As per the report published by FMI, the global automotive smart antenna market size is projected to have a rapid-paced CAGR of 12.2% during the forecast period. The current valuation of the market is US$ 3.94 Billion in 2022. The market value of automotive smart antennas is anticipated to reach a high of US$ 12.45 Billion by the year 2032. The base year recorded a valuation of US$ 3.44 Billion.
Key Takeaways from the Automotive Smart Antennas Market
Asia Pacific region is projected to dominate the global automotive smart antenna market with a market valuation of US$ 4,394.07 by 2032.
The current market valuation for automotive smart antennas stands at US$ 3.94 Billion in 2022.
The automotive smart antenna market is anticipated to record a CAGR of 12.2% during the period 2022-2032.
Passenger Vehicles segment is identified to be the largest adopter of automotive smart antennas.
“The rising concern about traffic congestion and the increasing demand for dashboard features are likely to create lucrative growth opportunity for the market players of the automotive smart antennas market.” – Says an FMI Analyst
For more information: https://www.futuremarketinsigh....ts.com/reports/autom
Competition Landscape in the Automotive Smart Antennas Market
The market can be described as a competitive market. The key companies have adopted several strategies to broaden their customer base worldwide. Furthermore, the manufacturers are indulging in several growth strategies with frequent innovation of smart automotive smart antennas to provide consumers with a seamless, safe, and comfortable experience.
Ace Technologies Corp., Antenova Ltd., Beijing BDStar Navigation Co. Ltd., Calearo Antenne SPA, Continental AG, Harada Industry Co. Ltd., INFAC Corp., INPAQ Technology Co. Ltd., Koch Industries Inc., Lorom Industrial Co. Ltd., LS MTRON Ltd., Panasonic Corp., Samsung Electronics Co. Ltd. are some of the key players in the market.
The automotive smart antenna is anticipated to play an integral role in establishing communication to enhance the safety and performance of the vehicles. This product is allowing original equipment manufacturers (OEMs) to fulfill customer requirements for infotainment services.
While analyzing the automotive smart antenna market, an expert analyst reveals that gradual increase in the incorporation of wireless technology and positioning technologies such as Wi-Fi, Bluetooth, 3G/4 LTE, vehicle-to-vehicle (V2V), and vehicle-to-anything (V2X) connecting technologies in vehicles is expected to drive the global automotive smart antenna market in the current and future years.
robotic sensors market size 2027
The robotic sensors market is experiencing significant growth due to the increasing adoption of automation technology across various industries. Robotic sensors play a critical role in enabling robots to perceive their surroundings, make decisions, and perform tasks with precision and accuracy. The market is witnessing growing demand from sectors such as manufacturing, healthcare, and logistics, where robotic sensors are used for various applications such as material handling, inspection, and patient monitoring.
Moreover, the development of advanced robotic technologies, such as collaborative robots and mobile robots, is expected to drive market growth. The market is also witnessing the development of new sensor technologies, such as 3D vision sensors and tactile sensors, which offer improved sensing capabilities and enable robots to interact with the environment more effectively. However, the market faces challenges such as high costs and lack of standardization, which may impact market growth. Overall, the outlook for the robotic sensors market is positive, with strong growth expected in the coming years as more industries adopt automation technology and demand for advanced sensing solutions increases.
Read More: https://www.fortunebusinessins....ights.com/robotic-se
The global robotic sensors market was worth USD 1.64 billion in 2019 and is expected to be worth USD 3.44 billion by 2027, growing at a 9.8% CAGR during the forecast period.
Key Players
• ams AG (Premstätten, Austria)
• ATI Industrial Automation, Inc. (North Carolina, United States)
• Balluff GmbH (Germany)
• Baumer Group (Frauenfeld, Switzerland)
• CAPTRON Electronic GmbH (New York, United States)
• Cognex Corporation (Massachusetts, United States)
• DAIHEN Corporation (Japan)
• Datalogic S.p.A (Italy)
• Fanuc Corporation (Yamanashi, Japan)
• FUTEK Advanced Sensor Technology, Inc. (California, United States)
• Hans Turck GmbH & Co. KG (Germany)
• Honeywell International Inc. (North Carolina, United States)
• ifm electronic GmbH (Essen, Germany)
• Infineon Technologies AG (Neubiberg, Germany)
• KEYENCE CORPORATION (Osaka, Japan)
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