Shark Fin Antenna Market shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Shark Fin Antenna Market Growth and Trends
The global Shark Fin Antenna market was sized at USD 819.5 million and it is anticipated to reach USD 1257.7 million by the end of 2026, with a compound annual growth rate of 6.2% during its forecast period 2021-2026.
The factor encouraging the growth of this market includes:
• The synchronization of car bodies in the automation market in efficient terms by avoiding theft as well because these are embedded onto the body of it unlike any other conventional antennas that can dismantle easily thus, driving forward the market
• Short and small in size but, very utilizable thus there is a less risk of these knocking over garages or parking lots with lower roofs that boosts its market demand
• The ability to facilitate communication, navigation and transmission of data, thus ensuring accuracy throughout all functions for the ease of market players
• Its multi-purpose properties that drives working consumers towards the market largely because multi-purpose means always gets tasks performed faster effectively thus, driving the customer base furthermore as well
• Easily installable thus, doesn’t require mechanics or specialized people who are trained to fit these antennas on vehicles. This saves the cost of labor as well driving the market
• Higher-cost efficiency thus, there is no pressure on the affordability rates for consumers. People from all around the world, including those from poorly developed countries, can afford to purchase and fit these antennas with less inconvenience
• Efficient, high performance in the automotive market hence, boosting the market’s demand vastly driving more consumers to require the need to have an antenna that is flexible enough to suit their vehicles and mechanics with less or no drawbacks
• The ability to facilitate specialized aspects like Voice over internet, mobile data, WLAN and several tracking applications
• Utilization of static electricity propelling the benefits in this market
• Its high levels of performance abilities in reducing air resistance in aircrafts and cars making travelling safer and more detected
• The productive integration of signal transmissions that takes the market value higher than consumers ever expect, thus increasing the market growth
Challenges:
Some challenges faced by this market include:
• Lack of diversity in the number of functions carried out by these shark fin antennas. This brings up larger opportunities for other competitors in the market by levelling down the economic growth rate in the shark fin antennas. Consumers would change their choice of preferences and opt for the alternatives that are more effective and diverse in function thus, hindering the market’s growth immensely.
Shark Fin Antenna Industry Regional Analysis
Shark Fin Antenna Market Research Report Scope/Definition
For this market research report, a shark fin antenna is defined as a type of antenna shaped like shark fins whose primary reason for development is to synchronize with the car body. The shark fin antenna is fully attached to the car body hence not prone to theft. This type of antenna is short, ensuring fluid mobility of vehicles in areas with a lower ceiling. The Sharkfin Antenna is easy to install only requires it to be attached using a tamperproof direct mount stud. Shark fin antennas are sleek, visually attractive, and aerodynamic. They are manufactured in different colors and designs hence able to meet a customer requirement. Shark fin antennas are perfect for mobile data, voice, public safety, WLAN, and asset tracking applications, hence very popular among commercial automobiles. Shark Fin antennas are built to last long life. This design feature makes it a cheaper alternative.
Shark Fin Antenna Market Share and Competition
Key companies operating in this industry are: Laird, Harada, Yokowa, Northeast Industries, Kathrein, Hirschmann, Suzhong, ASK Industries, Ace Tech.
Shark Fin Antenna Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2021 – 2028)
• Data breakdown for every market segment (2021 – 2028)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2021 - 2028)
• Combined Antenna
• AM/FM Antenna
Application Analysis (Revenue, USD Million, 2021 - 2028)
• Sedan
• SUV
• Others
Region Analysis (Revenue, USD Million, 2021 - 2028)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Shark Fin Antenna Industry Companies
• Laird
• Harada
• Yokowa
• Northeast Industries
• Kathrein
• Hirschmann
• Suzhong
• ASK Industries
• Ace Tech
Available Versions of Shark Fin Antenna Market: -
United States Industry Research Report
Europe Industry Research Report
Asia Pacific Industry Research Report
India Industry Research Report
