Product Code: VMR112113898
The global demand for Automotive Digital Key Market is presumed to reach the market size of nearly USD 15.95 BN by 2032 from USD 2.95 BN in 2023 with a CAGR of 20.6% under the study period 2024 - 2032.
An automotive digital key enables users to unlock, start, and operate a vehicle using a digital authentication method, typically through a smartphone or a wearable device. This technology eliminates the need for traditional physical keys and provides added convenience and security. Automotive digital keys often utilize wireless communication protocols such as Bluetooth or Near Field Communication (NFC). This innovation allows for keyless entry and operation, as well as features like remote start and vehicle-sharing capabilities.
MARKET DYNAMICS
The automotive digital key market is driven by the convergence of automotive and digital technologies, transforming the traditional concept of car keys. The demand for seamless and secure vehicle access, combined with the rise of connected cars and smart mobility solutions, fuels the adoption of automotive digital keys. Digital keys, often integrated into mobile applications, enable keyless entry, remote start, and vehicle-sharing capabilities, enhancing user convenience and vehicle security. The emerging trend towards connected and autonomous vehicles further supports integrating digital key technologies, allowing for advanced features like personalized user profiles and remote vehicle management. Collaboration between automotive manufacturers and technology companies accelerates developing and deploying digital key solutions. Additionally, the emphasis on reducing physical contact points and enhancing user experiences in the automotive sector contributes to the increasing popularity of digital keys. The potential for integration with smart home ecosystems and emerging trends in shared mobility further drive the evolution of the automotive digital key market.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of automotive digital key. The growth and trends of Automotive Digital Key Industry provide a holistic approach to this study.
MARKET SEGMENTATION
This section of the automotive digital key market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Component
- Switches
- Sensors
- Electronic Control Units (ECUs)
- Others (RF Antennas, Motherboards, Etc.)
By Application
- Vehicle Engine Start/Stop
- Fleet Management
- Vehicle Security
- Charging Application
- Payment Application
- Shared Mobility
- Others
By Connectivity
- Remote Cloud Key Access
- Biometric
- Near Field Communication (NFC)
- Bluetooth
- Wi-Fi
By Hardware
- Remote Key Entry Devices
- Smartphones & Tablets
- Wearables
By Technology
- Passive Keyless Entry System
- Remote Keyless Entry System
By Vehicle Type
- Passenger Vehicle
- Commercial Vehicle
By Sales Channel
REGIONAL ANALYSIS
This section covers the regional outlook, which accentuates current and future demand for the Automotive Digital Key market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
- GLOBAL AUTOMOTIVE DIGITAL KEY MARKET SHARE BY REGION (REPRESENTATIVE GRAPH)
- Global Automotive Digital Key Market Share
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the automotive digital key market include Alpha Corporation, Continental AG, Denso Corporation, Heights Security Inc., HELLA GmbH & Co. KGaA, Hyundai Mobis, Mitsubishi Electric Corporation, NXP Semiconductors, Robert Bosch GmbH, Samsung, Silca, Spark Minda, STMicroelectronics, Telefonaktibolagrt LM Ericsson, Valeo SA. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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TABLE OF CONTENTS
1 . PREFACE
- 1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3 . AUTOMOTIVE DIGITAL KEY - INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Component
- 3.7.2 Market Attractiveness Analysis By Application
- 3.7.3 Market Attractiveness Analysis By Connectivity
- 3.7.4 Market Attractiveness Analysis By Hardware
- 3.7.5 Market Attractiveness Analysis By Technology
- 3.7.6 Market Attractiveness Analysis By Vehicle Type
- 3.7.7 Market Attractiveness Analysis By Sales Channel
- 3.7.8 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend
5 . GLOBAL AUTOMOTIVE DIGITAL KEY MARKET SALES BY COMPONENT
- 5.1 Overview by Component
- 5.2 Historical and Forecast Sales Data
- 5.3 Analysis by Component
- 5.4 Switches Historic and Forecast Sales by Regions
- 5.5 Sensors Historic and Forecast Sales by Regions
- 5.6 Electronic Control Units (ECUs) Historic and Forecast Sales by Regions
- 5.7 Others (RF Antennas, Motherboards, etc.) Historic and Forecast Sales by Regions
6 . GLOBAL AUTOMOTIVE DIGITAL KEY MARKET ANALYSIS BY APPLICATION
- 6.1 Overview by Application
- 6.2 Historical and Forecast Sales Data
- 6.3 Analysis by Application
- 6.4 Vehicle Engine Start/Stop Historic and Forecast Sales by Regions
- 6.5 Fleet Management Historic and Forecast Sales by Regions
- 6.6 Vehicle Security Historic and Forecast Sales by Regions
- 6.7 Charging Application Historic and Forecast Sales by Regions
- 6.8 Payment Application Historic and Forecast Sales by Regions
- 6.9 Shared Mobility Historic and Forecast Sales by Regions
- 6.10. Others Historic and Forecast Sales by Regions
7 . GLOBAL AUTOMOTIVE DIGITAL KEY MARKET ANALYSIS BY CONNECTIVITY
- 7.1 Overview by Connectivity
- 7.2 Historical and Forecast Sales Data
- 7.3 Analysis by Connectivity
- 7.4 Remote Cloud Key Access Historic and Forecast Sales by Regions
- 7.5 Biometric Historic and Forecast Sales by Regions
- 7.6 Near Field Communication (NFC) Historic and Forecast Sales by Regions
- 7.7 Bluetooth Historic and Forecast Sales by Regions
- 7.8 Wi-Fi Historic and Forecast Sales by Regions
8 . GLOBAL AUTOMOTIVE DIGITAL KEY MARKET ANALYSIS BY HARDWARE
- 8.1 Overview by Hardware
- 8.2 Historical and Forecast Sales Data
- 8.3 Analysis by Hardware
- 8.4 Remote Key Entry Devices Historic and Forecast Sales by Regions
- 8.5 Smartphones & Tablets Historic and Forecast Sales by Regions
- 8.6 Wearables Historic and Forecast Sales by Regions
9 . GLOBAL AUTOMOTIVE DIGITAL KEY MARKET ANALYSIS BY TECHNOLOGY
- 9.1 Overview by Technology
- 9.2 Historical and Forecast Sales Data
- 9.3 Analysis by Technology
- 9.4 Passive Keyless Entry System Historic and Forecast Sales by Regions
- 9.5 Remote Keyless Entry System Historic and Forecast Sales by Regions
10 . GLOBAL AUTOMOTIVE DIGITAL KEY MARKET ANALYSIS BY VEHICLE TYPE
- 10.1 Overview by Vehicle Type
- 10.2 Historical and Forecast Sales Data
- 10.3 Analysis by Vehicle Type
- 10.4 Passenger Vehicle Historic and Forecast Sales by Regions
- 10.5 Commercial Vehicle Historic and Forecast Sales by Regions
11 . GLOBAL AUTOMOTIVE DIGITAL KEY MARKET ANALYSIS BY SALES CHANNEL
- 11.1 Overview by Sales Channel
- 11.2 Historical and Forecast Sales Data
- 11.3 Analysis by Sales Channel
- 11.4 OEMs Historic and Forecast Sales by Regions
- 11.5 Aftermarket Historic and Forecast Sales by Regions
12 . GLOBAL AUTOMOTIVE DIGITAL KEY MARKET ANALYSIS BY GEOGRAPHY
- 12.1. Regional Outlook
- 12.2. Introduction
- 12.3. North America Sales Analysis
- 12.3.1. Overview, Historic and Forecast Data Sales Analysis
- 12.3.2. North America By Segment Sales Analysis
- 12.3.3. North America By Country Sales Analysis
- 12.3.4. United State Sales Analysis
- 12.3.5. Canada Sales Analysis
- 12.3.6. Mexico Sales Analysis
- 12.4. Europe Sales Analysis
- 12.4.1. Overview, Historic and Forecast Data Sales Analysis
- 12.4.2. Europe by Segment Sales Analysis
- 12.4.3. Europe by Country Sales Analysis
- 12.4.4. United Kingdom Sales Analysis
- 12.4.5. France Sales Analysis
- 12.4.6. Germany Sales Analysis
- 12.4.7. Italy Sales Analysis
- 12.4.8. Russia Sales Analysis
- 12.4.9. Rest Of Europe Sales Analysis
- 12.5. Asia Pacific Sales Analysis
- 12.5.1. Overview, Historic and Forecast Data Sales Analysis
- 12.5.2. Asia Pacific by Segment Sales Analysis
- 12.5.3. Asia Pacific by Country Sales Analysis
- 12.5.4. China Sales Analysis
- 12.5.5. India Sales Analysis
- 12.5.6. Japan Sales Analysis
- 12.5.7. South Korea Sales Analysis
- 12.5.8. Australia Sales Analysis
- 12.5.9. South East Asia Sales Analysis
- 12.5.10. Rest Of Asia Pacific Sales Analysis
- 12.6. Latin America Sales Analysis
- 12.6.1. Overview, Historic and Forecast Data Sales Analysis
- 12.6.2. Latin America by Segment Sales Analysis
- 12.6.3. Latin America by Country Sales Analysis
- 12.6.4. Brazil Sales Analysis
- 12.6.5. Argentina Sales Analysis
- 12.6.6. Peru Sales Analysis
- 12.6.7. Chile Sales Analysis
- 12.6.8. Rest of Latin America Sales Analysis
- 12.7. Middle East & Africa Sales Analysis
- 12.7.1. Overview, Historic and Forecast Data Sales Analysis
- 12.7.2. Middle East & Africa by Segment Sales Analysis
- 12.7.3. Middle East & Africa by Country Sales Analysis
- 12.7.4. Saudi Arabia Sales Analysis
- 12.7.5. UAE Sales Analysis
- 12.7.6. Israel Sales Analysis
- 12.7.7. South Africa Sales Analysis
- 12.7.8. Rest Of Middle East And Africa Sales Analysis
13 . COMPETITIVE LANDSCAPE OF THE AUTOMOTIVE DIGITAL KEY COMPANIES
- 13.1. Automotive Digital Key Market Competition
- 13.2. Partnership/Collaboration/Agreement
- 13.3. Merger And Acquisitions
- 13.4. New Product Launch
- 13.5. Other Developments
14 . COMPANY PROFILES OF AUTOMOTIVE DIGITAL KEY INDUSTRY
- 14.1. Company Share Analysis
- 14.2. Market Concentration Rate
- 14.3. Alpha Corporation
- 14.3.1. Company Overview
- 14.3.2. Company Revenue
- 14.3.3. Products
- 14.3.4. Recent Developments
- 14.4. Continental AG
- 14.4.1. Company Overview
- 14.4.2. Company Revenue
- 14.4.3. Products
- 14.4.4. Recent Developments
- 14.5. Denso Corporation
- 14.5.1. Company Overview
- 14.5.2. Company Revenue
- 14.5.3. Products
- 14.5.4. Recent Developments
- 14.6. Heights Security Inc.
- 14.6.1. Company Overview
- 14.6.2. Company Revenue
- 14.6.3. Products
- 14.6.4. Recent Developments
- 14.7. HELLA GmbH & Co. KGaA
- 14.7.1. Company Overview
- 14.7.2. Company Revenue
- 14.7.3. Products
- 14.7.4. Recent Developments
- 14.8. Hyundai Mobis
- 14.8.1. Company Overview
- 14.8.2. Company Revenue
- 14.8.3. Products
- 14.8.4. Recent Developments
- 14.9. Mitsubishi Electric Corporation
- 14.9.1. Company Overview
- 14.9.2. Company Revenue
- 14.9.3. Products
- 14.9.4. Recent Developments
- 14.10. NXP Semiconductors
- 14.10.1. Company Overview
- 14.10.2. Company Revenue
- 14.10.3. Products
- 14.10.4. Recent Developments
- 14.11. Robert Bosch GmbH
- 14.11.1. Company Overview
- 14.11.2. Company Revenue
- 14.11.3. Products
- 14.11.4. Recent Developments
- 14.12. Samsung
- 14.12.1. Company Overview
- 14.12.2. Company Revenue
- 14.12.3. Products
- 14.12.4. Recent Developments
- 14.13. Silca
- 14.13.1. Company Overview
- 14.13.2. Company Revenue
- 14.13.3. Products
- 14.13.4. Recent Developments
- 14.14. Spark Minda
- 14.14.1. Company Overview
- 14.14.2. Company Revenue
- 14.14.3. Products
- 14.14.4. Recent Developments
- 14.15. STMicroelectronics
- 14.15.1. Company Overview
- 14.15.2. Company Revenue
- 14.15.3. Products
- 14.15.4. Recent Developments
- 14.16. Telefonaktibolagrt LM Ericsson
- 14.16.1. Company Overview
- 14.16.2. Company Revenue
- 14.16.3. Products
- 14.16.4. Recent Developments
- 14.17. Valeo SA
- 14.17.1. Company Overview
- 14.17.2. Company Revenue
- 14.17.3. Products
- 14.17.4. Recent Developments
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies