Press release
Automotive Antenna Module Market - Expected to Expand at a Steady CAGR through 2025
Automotive antenna module is a passive device which represents the interface between a car and the outside world. Automotive antenna module is a key component of wireless communication system designed to send or receive radio waves and results in propagation of guided wave through free space. Automotive antenna module is usually installed as a standard feature in the latest models of cars such as Jaguar XF, Chevrolet Corvette Stingray, BMW 7series, Scion tC, Mercedes-Benz E-class, and Honda Accord.Download Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=38384
Rise in demand for wireless connectivity in vehicles is expected to drive the automotive antenna module market during the forecast period. Increase in production of vehicles and rise in demand for vehicles with improved signal quality and optimum scalability are also projected to boost the automotive antenna module market during the forecast period.
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Automotive antenna module substantially reduces system complexity in the vehicle and integrates radio receivers and the transmitter into a single control unit. This feature is also anticipated to augment the demand for automotive antenna module during the forecast period. Automotive antenna module offer several benefits such as sharing and receiving of information with the infrastructure of the vehicle or other cars or smartphones, cellular networks, satellite navigation, and radio broadcasting.
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These are projected to provide lucrative opportunities to the automotive antenna module market during the forecast period. However, signal interference & low signal availability while sharing and receiving of information is anticipated to pose restrains to the growth of the automotive antenna module market during the forecast period.
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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