Global Automotive Digital Key Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

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

OEMs
Aftermarket

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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Product Code: VMR112113898

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