Press release
Automotive Smart Key Market Global Analysis 2018 To 2023: By Size, Share, Key Companies - Denso, Valeo, TRW Automotive, Continental, HELLA, Hyundai, Visteon Corporation, Silca, Toyota Motor and ALPHA Corporation
Get Sample Copy of “Automotive Smart Key Market Research Report- Forecast 2023” At: https://www.marketresearchfuture.com/sample_request/4080
Automotive Smart Key market key Company reviewed in report:
Denso Corporation (Japan), Valeo (France) ,TRW Automotive (U.S.), Continental AG (Germany), HELLA KGaA Hueck & Co.( Germany), Hyundai Mobis(India), Visteon Corporation (U.S.), Silca S.p.A. (Italy), Toyota Motor Corporation (Japan) and ALPHA Corporation
Automotive Smart Key Market Synopsis:
Automotive smart key is a computerized key, which locks and unlocks a vehicle without using the conventional key and pressing the buttons on the remote or smart key. It is segmented into two segments: Technology and End Market. On the basis of Technology, it is segmented into Infra-Red Sensor, Transmission and Other. On the basis of end market it is segmented into OEM and Aftermarket. Aftermarket accounted for the largest market share. Aftermarket is generally the secondary market for automotive concerned with manufacturing, distribution, retailing and installation of vehicle parts.
The increase in government regulation for safety features will enable the automotive manufacturers to install various safety system. This will increase the demand for smart key for the vehicles. The modern vehicles are equipped with several security systems such as door locks, ignition lock, steering lock, anti-theft alarm, electronic engine immobiliser, and among others. Various types of key blades are used in the vehicle nowadays with some being cut from the outside and others groove embedded. The current vehicle is equipped with immobiliser system which secure the vehicle against hotwiring. The immobiliser system will increase the demand for smart key market in future.
Technological advancements along with the demand for convenience are the key factors are driving the growth of automotive smart key market. Asia-Pacific is estimated to account for the largest share of the automotive smart key system market. This can mainly be attributed to the rising vehicle production and the increasing installation of safety features in passenger cars, commercial vehicles. Additionally, high demand from customers and high purchasing power has upped the demand for vehicles and boosted the market for automotive smart key. The Europe and North American market are expected to experience a steady level of growth.
Automotive Smart Key Market Segmentation:
The global Automotive Smart Key market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Technology: Comprises Infra-Red Sensor, Transmission and Other
Segmentation by End Market: Comprises OEM and Aftermarket
Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Automotive Smart Key Market Regional Analysis:
Asia Pacific region is projected to grow at a fastest rate due to the increase in the demand for security system in the vehicles. The increase in the sales of passenger cars in Asia Pacific region will result in increased installation of safety system in the vehicle. This increased installation of safety system will result in growth of smart key market in future. North America is expected to be the second largest market due to increase in the government regulation for safety of the vehicle. In North America, U.S. is expected to be the largest country that will grow in future. Government have taken various initiative in order to increase the safety system in the vehicle. The OEM in North America are adopting higher installation of system in the vehicle. This will boost the smart key market in North America. Europe is expected to be the third largest market due to growing demand for smart key technology. In Europe, Germany is expected to be the largest country that will grow in future.
Automotive Smart Key Industry Developments:
The key strategies followed by most companies within the global Automotive Smart Key market are that of new product development.
In 2017, Valeo and Cisco signed an agreement in order to develop strategic innovation in smart mobility services.
In 2017, Continental has enhanced its product portfolio and acquires full ownership of OTA keys. This will enable them to increase the product portfolio.
Major Table of Content:
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Automotive Smart Key Market, By Technology
4.1 Introduction
4.2 Infra-Red Sensor
4.3 Transmission
4.4 Others
5 Global Automotive Smart Key Market, By End Market
5.1 Introduction
5.2 OEM
5.3 Aftermarket
6 Regional Market Analysis
Continued…
Browse more details on this report at: https://www.marketresearchfuture.com/reports/automotive-smart-key-market-4080
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Us:
Amanora Chambers,
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India+1 646 845 9312
sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Smart Key Market Global Analysis 2018 To 2023: By Size, Share, Key Companies - Denso, Valeo, TRW Automotive, Continental, HELLA, Hyundai, Visteon Corporation, Silca, Toyota Motor and ALPHA Corporation here
News-ID: 1144898 • Views: …
More Releases from Market Research Future
Glue Machine Market to Reach USD 14.9 Billion by 2035, Growing at 4.56% CAGR
The Glue Machine Market is witnessing significant growth due to the increasing adoption of adhesive technologies across various industries, including packaging, woodworking, automotive, furniture, and construction. Valued at USD 9.15 billion in 2024, the market is projected to reach USD 14.9 billion by 2035, registering a CAGR of 4.56% between 2025 and 2035.
Glue machines, also known as adhesive application machines, are critical for efficiently dispensing adhesives in industrial and commercial…
Expansion Valves Market to Reach USD 5.39 Billion by 2035, Growing at 4.62% CAGR
The expansion valves market is witnessing steady growth due to increasing demand for efficient heating, ventilation, air conditioning, and refrigeration (HVACR) systems across residential, commercial, and industrial sectors. Valued at USD 3.28 billion in 2024, the market is projected to reach USD 5.39 billion by 2035, growing at a CAGR of 4.62% between 2025 and 2035.
Expansion valves, also known as thermostatic expansion valves (TXVs) or electronic expansion valves (EEVs), are…
Cheese Packaging Market to Reach USD 101.31 Billion by 2034, Growing at 3.50% CA …
The Cheese Packaging Market is poised for steady growth over the next decade due to rising demand for dairy products, evolving consumer preferences, and increasing focus on food safety and sustainability. According to recent estimates, the market was valued at USD 71.87 billion in 2024 and is projected to reach USD 101.31 billion by 2034, growing at a compound annual growth rate (CAGR) of 3.50% between 2025 and 2034.
Cheese packaging…
Maritime Market to Reach USD 2,920 Billion by 2035, Growing at 2.69% CAGR
The Maritime Market is a cornerstone of international trade, logistics, and economic connectivity, serving as the backbone of global commerce. Valued at USD 2,181.1 billion in 2024, the market is projected to expand to USD 2,920 billion by 2035, registering a steady CAGR of 2.69% between 2025 and 2035. Despite modest growth, the industry's scale and importance are unmatched, as more than 80% of global trade volume is carried by…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…
