Global Automotive Smart Key Fob Market 2024-2028

The automotive smart key fob market is forecasted to grow by USD 4.59 bn during 2023-2028, accelerating at a CAGR of 5.36% during the forecast period. The report on the automotive smart key fob market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by safety and convenience associated with advanced vehicle access solutions, growing penetration of automotive electronics, and growing market share of mid and luxury-segment vehicles with convenience functionalities.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	5.05%
CAGR	5.36%
Incremental Value	$4.59bn

Technavio's automotive smart key fob market is segmented as below:

By Type

Remote keyless entry systems
Passive keyless entry systems

By Application

Single function
Multi function

By Geographical Landscape

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the growing penetration rate of advanced functionalities in entry-segment cars as one of the prime reasons driving the automotive smart key fob market growth during the next few years. Also, the emergence of smart key fobs with touchscreen digital displays and the advent of vehicles with virtual keys will lead to sizable demand in the market.

The report on the automotive smart key fob market covers the following areas:

Automotive smart key fob market sizing
Automotive smart key fob market forecast
Automotive smart key fob market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive smart key fob market vendors that include ALPHA Corp., Alps Alpine Co. Ltd., Continental AG, DENSO Corp., Dormakaba Holding AG, Firstech LLC, Giesecke Devrient GmbH, HELLA GmbH and Co. KGaA, Huf Hulsbeck and Furst GmbH and Co KG, Hyundai Mobis Co. Ltd., JPM Group, Mitsubishi Electric Corp., Panasonic Holdings Corp., Thales Group, Tokai Rika Co. Ltd., Toyota Motor Corp., Valeo SA, VOXX International Corp., ZF Friedrichshafen AG, and STRATTEC SECURITY Corp.. Also, the automotive smart key fob market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR40410

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global automotive smart key fob market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global automotive smart key fob market 2018 - 2022 ($ billion)
4.2 Type Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.3 Application Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
Exhibit 30: Chart on Type - Market share 2023-2028 (%)
Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Exhibit 32: Chart on Comparison by Type
Exhibit 33: Data Table on Comparison by Type
6.3 Remote keyless entry systems - Market size and forecast 2023-2028
Exhibit 34: Chart on Remote keyless entry systems - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Remote keyless entry systems - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Remote keyless entry systems - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Remote keyless entry systems - Year-over-year growth 2023-2028 (%)
6.4 Passive keyless entry systems - Market size and forecast 2023-2028
Exhibit 38: Chart on Passive keyless entry systems - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Passive keyless entry systems - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Passive keyless entry systems - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Passive keyless entry systems - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Type
Exhibit 42: Market opportunity by Type ($ billion)
Exhibit 43: Data Table on Market opportunity by Type ($ billion)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 44: Chart on Application - Market share 2023-2028 (%)
Exhibit 45: Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Exhibit 46: Chart on Comparison by Application
Exhibit 47: Data Table on Comparison by Application
7.3 Single function - Market size and forecast 2023-2028
Exhibit 48: Chart on Single function - Market size and forecast 2023-2028 ($ billion)
Exhibit 49: Data Table on Single function - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Chart on Single function - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Single function - Year-over-year growth 2023-2028 (%)
7.4 Multi function - Market size and forecast 2023-2028
Exhibit 52: Chart on Multi function - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Multi function - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Multi function - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Multi function - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Application
Exhibit 56: Market opportunity by Application ($ billion)
Exhibit 57: Data Table on Market opportunity by Application ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 59: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 60: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 63: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 64: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 67: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 68: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 75: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 83: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
Exhibit 91: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
Exhibit 95: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 India - Market size and forecast 2023-2028
Exhibit 99: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on India - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 103: Market opportunity By Geographical Landscape ($ billion)
Exhibit 104: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
11.4 Industry risks
Exhibit 108: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 109: Vendors covered
12.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
12.3 ALPHA Corp.
Exhibit 111: ALPHA Corp. - Overview
Exhibit 112: ALPHA Corp. - Business segments
Exhibit 113: ALPHA Corp. - Key offerings
Exhibit 114: ALPHA Corp. - Segment focus
12.4 Alps Alpine Co. Ltd.
Exhibit 115: Alps Alpine Co. Ltd. - Overview
Exhibit 116: Alps Alpine Co. Ltd. - Business segments
Exhibit 117: Alps Alpine Co. Ltd. - Key offerings
Exhibit 118: Alps Alpine Co. Ltd. - Segment focus
12.5 Continental AG
Exhibit 119: Continental AG - Overview
Exhibit 120: Continental AG - Business segments
Exhibit 121: Continental AG - Key offerings
Exhibit 122: Continental AG - Segment focus
12.6 DENSO Corp.
Exhibit 123: DENSO Corp. - Overview
Exhibit 124: DENSO Corp. - Business segments
Exhibit 125: DENSO Corp. - Key news
Exhibit 126: DENSO Corp. - Key offerings
Exhibit 127: DENSO Corp. - Segment focus
12.7 Dormakaba Holding AG
Exhibit 128: Dormakaba Holding AG - Overview
Exhibit 129: Dormakaba Holding AG - Product / Service
Exhibit 130: Dormakaba Holding AG - Key offerings
12.8 Firstech LLC
Exhibit 131: Firstech LLC - Overview
Exhibit 132: Firstech LLC - Product / Service
Exhibit 133: Firstech LLC - Key offerings
12.9 HELLA GmbH and Co. KGaA
Exhibit 134: HELLA GmbH and Co. KGaA - Overview
Exhibit 135: HELLA GmbH and Co. KGaA - Business segments
Exhibit 136: HELLA GmbH and Co. KGaA - Key news
Exhibit 137: HELLA GmbH and Co. KGaA - Key offerings
Exhibit 138: HELLA GmbH and Co. KGaA - Segment focus
12.10 Huf Hulsbeck and Furst GmbH and Co KG
Exhibit 139: Huf Hulsbeck and Furst GmbH and Co KG - Overview
Exhibit 140: Huf Hulsbeck and Furst GmbH and Co KG - Product / Service
Exhibit 141: Huf Hulsbeck and Furst GmbH and Co KG - Key offerings
12.11 Hyundai Mobis Co. Ltd.
Exhibit 142: Hyundai Mobis Co. Ltd. - Overview
Exhibit 143: Hyundai Mobis Co. Ltd. - Business segments
Exhibit 144: Hyundai Mobis Co. Ltd. - Key news
Exhibit 145: Hyundai Mobis Co. Ltd. - Key offerings
Exhibit 146: Hyundai Mobis Co. Ltd. - Segment focus
12.12 Mitsubishi Electric Corp.
Exhibit 147: Mitsubishi Electric Corp. - Overview
Exhibit 148: Mitsubishi Electric Corp. - Business segments
Exhibit 149: Mitsubishi Electric Corp. - Key news
Exhibit 150: Mitsubishi Electric Corp. - Key offerings
Exhibit 151: Mitsubishi Electric Corp. - Segment focus
12.13 Panasonic Holdings Corp.
Exhibit 152: Panasonic Holdings Corp. - Overview
Exhibit 153: Panasonic Holdings Corp. - Business segments
Exhibit 154: Panasonic Holdings Corp. - Key news
Exhibit 155: Panasonic Holdings Corp. - Key offerings
Exhibit 156: Panasonic Holdings Corp. - Segment focus
12.14 Tokai Rika Co. Ltd.
Exhibit 157: Tokai Rika Co. Ltd. - Overview
Exhibit 158: Tokai Rika Co. Ltd. - Product / Service
Exhibit 159: Tokai Rika Co. Ltd. - Key offerings
12.15 Toyota Motor Corp.
Exhibit 160: Toyota Motor Corp. - Overview
Exhibit 161: Toyota Motor Corp. - Business segments
Exhibit 162: Toyota Motor Corp. - Key offerings
Exhibit 163: Toyota Motor Corp. - Segment focus
12.16 Valeo SA
Exhibit 164: Valeo SA - Overview
Exhibit 165: Valeo SA - Business segments
Exhibit 166: Valeo SA - Key news
Exhibit 167: Valeo SA - Key offerings
Exhibit 168: Valeo SA - Segment focus
12.17 ZF Friedrichshafen AG
Exhibit 169: ZF Friedrichshafen AG - Overview
Exhibit 170: ZF Friedrichshafen AG - Business segments
Exhibit 171: ZF Friedrichshafen AG - Key news
Exhibit 172: ZF Friedrichshafen AG - Key offerings
Exhibit 173: ZF Friedrichshafen AG - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 174: Inclusions checklist
Exhibit 175: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 176: Currency conversion rates for US$
13.4 Research methodology
Exhibit 177: Research methodology
Exhibit 178: Validation techniques employed for market sizing
Exhibit 179: Information sources
13.5 List of abbreviations
Exhibit 180: List of abbreviations