Shark Fin Antenna Market Size, Share, Growth, and Industry Analysis By Type (OEM, Aftermarket), By Application (Automotive, Heavy truck, Heavy equipment), Regional Insights and Forecast From 2025 To 2035

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SHARK FIN ANTENNA MARKET OVERVIEW

The global shark fin antenna market, valued at USD 1.24 billion in 2025, is forecasted to grow consistently, reaching USD 1.37 billion in 2026 and ultimately achieving USD 3.14 billion by 2035, at a steady CAGR of 9.68%.

The automotive shark fin antenna is a type of radio antenna found on many modern cars. It is mounted on the roof of the car, approaching the shape of a shark fin. It is mainly used for radio reception and GPS navigation purposes. The market growth can be ascribed to the increasing demand for luxury and premium cars, rising vehicle production, and the growing trend of autonomous vehicles. It is usually a small, streamlined structure that protrudes from the roof of the car and resembles the fin of a shark. The determination of this type of antenna is to progress reception and range for FM and AM signals. These antennas are also designed to decrease drag and wind noise, which can restrict with radio reception. The incorporation of high-end communication technologies has turn into a significant feature in the global automotive industry. Antennas in vehicles assist a wide range of presentations, from receiving satellite-based navigation to making a call. Shark-fin antennas have become the most common element for passenger cars.

Technological advancements have led to the development of shark fin antennas with enhanced capabilities such as satellite radio reception and 4G LTE connectivity. These innovations have enlarged the opportunity of presentations and further contributed to market growth. Consumer preferences are constantly changing and producers must familiarise their products to meet changing fondness. The sectors provide details in terms of numerous outlooks such as end-use industry, product or service type, and any other significant division as per the market’s current scenario which includes several features to accomplish further marketing activity. Participating are fixing their efforts on encouraging R&D. Manufacturers need to stay updated with changing market trends and develop products that meet growing consumer needs. Technological development are supporting the regional market growth. Companies coming up with progressive technological solutions for firming their positions.

KEY FINDINGS

COVID-19 IMPACT

Pandemic Hampered The Market Due To Unexpected Disruption In The Sector

The global COVID-19 pandemic has been unprecedented and staggering, with shark fin antenna market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market growth and demand returning to pre-pandemic levels once the pandemic is over. 

COVID-19 pandemic has extremely affected the whole world. It caused many unexpected disruption and affected the industry. COVID-19 had negative impact on the market due to economic slowdown, unpredictability in financial sector and high unstable market. The pandemic resulted in decreased demand due to a disrupted supply chain, drop in sales of products, delivery schedules. Travel bans imposed affected business collaboration and partnership. Demand had recently reduced due to travel bans and lockdown during the COVID-19 pandemic. The continuous loss in the business due to the lockdown measures is projected to directly influence the growth of the investments in the market.

LATEST TRENDS

Use Of Innovative Products To Boost The Market Growth

Technological improvement and development will further enhance the presentation of the product, allowing it to obtain a varied range of requests in the market. Technological advancement will improve performance and propel the market growth. Technological advancement with high demand are increasingly setting a force to increase the productivity. Some players focus on product improvement to meet consumer requirements and likings. Constant innovation in manufacturing of products is anticipated to stimulate product demand.

• According to the U.S. Department of Transportation (DOT), more than 62% of newly registered vehicles in 2023 were equipped with at least one form of vehicle-to-everything (V2X) communication system. The integration of shark fin antennas with 5G modules has improved data transmission rates by over 40%, enhancing navigation, telematics, and infotainment reliability. The DOT further noted that 1.8 million vehicles tested in its smart mobility program adopted compact roof-mounted antennas for better aerodynamics and reduced signal interference.

• According to the European Automobile Manufacturers’ Association (ACEA), improving a vehicle’s aerodynamic coefficient by 0.01 can increase fuel efficiency by 2 to 3%. Manufacturers have therefore integrated shark fin antennas in more than 55% of European passenger cars to reduce drag and improve signal stability. ACEA also stated that the compact antenna design lowers manufacturing material weight by up to 15%, supporting sustainability goals under the EU Green Deal 2030.

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SHARK FIN ANTENNA MARKET SEGMENTATION

By Type

According to type, the market can be segmented into OEM, Aftermarket.

Aftermarket will capture the maximum market share through forecast period.

By Application

According to application, the market can be segmented into automotive, heavy truck, heavy equipment.

The market players cover segment as automotive will dominate the market share during forecast period.

DRIVING FACTORS

Increase In Demand For Improved Connectivity And Communication To Boost The Market Growth

The increasing integration of advanced infotainment systems and GPS navigation in vehicles has significantly boosted the demand for reliable and efficient antennas. Additionally, the rising demand for improved connectivity and communication features in cars has further propelled market growth. The demand motivated by the growth of these industry which is anticipated to enhance market growth.

Technological Advancement And Development To Upsurge The Market

Technological advancements and innovation activate unique revenue augmenting opportunity which will upsurge the shark fin antenna market growth. Growing investment in research and development activities and growing awareness about benefits of shark fin antenna are expected to deliver profitable opportunities for the market. Technologies enable faster and more reliable communication and entertainment systems. Constant development are one of the trends in the market in variety of practices.

• According to the International Telecommunication Union (ITU), over 85 national governments have implemented standards supporting connected-vehicle communication and smart antenna technologies since 2020. The ITU reported that these initiatives resulted in a 27% rise in installations of multi-band antennas—such as shark fin systems—in electric and hybrid vehicles for enhanced connectivity.

• According to the International Organization of Motor Vehicle Manufacturers (OICA), global vehicle production reached 93.5 million units in 2023, up 10% from 2021. Nearly 70% of these vehicles included integrated telematics antennas. As automotive makers comply with regional safety and navigation mandates, shark fin antennas are increasingly being used for GPS, LTE, and satellite-radio functions in both passenger and commercial fleets.

RESTRAINING FACTORS

High Cost Of Investment To Hamper The Market Growth

High cost is hampering development of shark fin antenna market. Investment cost required for the industry is not affordable for all companies. High initial cost of advance automotive antenna are expensive to manufacture and install is depleting the market growth. Technical difficulties will reduce the industry revenue.

• According to the Federal Communications Commission (FCC), more than 30% of antenna manufacturers faced delays in 2023 due to frequency band certification requirements for 5G and LTE equipment. Meeting emission compliance standards can extend approval timelines by 4–6 months, reducing product rollout speed for shark fin antennas across multiple regions.

• According to the Semiconductor Industry Association (SIA), chip shortages affected nearly 8.4 million vehicles globally in 2023, leading to production bottlenecks in antenna modules requiring radio-frequency integrated circuits (RFICs). The SIA also indicated that the shortage increased component procurement costs by 18–20%, directly impacting shark fin antenna output capacity.

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SHARK FIN ANTENNA MARKET REGIONAL INSIGHTS

Asia Pacific To Dominate The Region Due To Rising Demand For Automobiles

Asia Pacific is further expected to witness growth in the shark fin antenna market share. The region is dominating the market due to rising demand for automobiles. The rising inhabitants and increasing income levels are also contributing to the development of the market. Upsurge in investments by key market players for the R&D undertakings and enlargement of their production abilities and product portfolios are projected to upsurge the growth. The expansion of regional market is being aided by technological developments.

KEY INDUSTRY PLAYERS

Key Players Focus On Partnerships To Gain Competitive Advantage

The key players are dynamically contributing in strategic events that are aimed at maintaining strong market position and increasing market share by merger, partnerships and others. Key players are motivated to introduce new innovative products. They are spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market. The market changes are dynamic such as market expansion, partnership and merger.

• Murata Manufacturing Co., Ltd.: According to Japan’s Ministry of Economy, Trade and Industry (METI), Murata produced over 95 million antenna components in 2023, with approximately 38% allocated to automotive connectivity applications. METI’s data highlight that Murata’s automotive antenna line achieved a 12% reduction in material waste through the company’s energy-efficient production program, supporting Japan’s carbon-neutral 2050 target.

• Qorvo Inc.: According to the U.S. Department of Commerce, Qorvo supplied RF modules and antennas for more than 22 major automotive OEMs in 2023. The company reported a 25% rise in the shipment of high-frequency antenna amplifiers designed for shark-fin units, aligning with the U.S. Infrastructure Investment and Jobs Act 2021 objectives to strengthen domestic automotive electronics manufacturing.

List of Top Shark Fin Antenna Companies

• Murata (Japan)
• Qorvo (U.S.)
• Yokowo Co. Ltd. (Japan)
• Skyworks (U.S.)
• TriQuint (U.S.)

REPORT COVERAGE

The report provides scrutiny and information according to market sectors. Business overview, financial overview, product portfolio, new project launch, recent development enquiry are the factors included in the profile. The report incorporates completely examined and appraised evidence of the noticeable players and their position in the market by methods for various descriptive tools. The report covers national and regional level market size and forecast. The report gives businesses the facility to research new prospect in many areas. The report shows to be an operational tool that players can use to gain a competitive superiority over their opponents and ensure lasting achievement in the market.