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Global Automotive Smart Key Fob Market 2018-2022

Global Automotive Smart Key Fob Market 2018-2022

About this market

As the global automotive industry is evolving, the penetration rate of the automotive electronics is increasing in modern automobiles. The applications of electronic-base components in vehicles has significantly increased over the last ten years. This is a primary market enabler for the systems as traditional mechanical keys are fast becoming obsolete. Thus, growing penetration of automotive electronics and obsoleting traditional mechanical keys will drive the automotive smart key fob market growth during the forecast period.

Market Overview

Safety and convenience associated with advanced vehicle access solutions

The automotive smart key fob market is growing in line with increasing sales volume of automobiles owing to its high penetration rate in automobiles, particularly passenger vehicles. The prominent automakers are equipping their vehicles with advanced key systems, which is driving the smart key fob market, owing to the benefits associated with the automotive smart key fob.

Smart key fobs are expensive and costly to replace

The global automotive smart key fob market is driven by numerous market enablers. However, there are certain challenges to the growth of the market. The cost of the development of smart key fobs is high, which adds to the overall cost of the vehicle, owing to the use of many electronic components in smart key fobs.

For the detailed list of factors that will drive and challenge the growth of the automotive smart key fob market during the 2018-2022, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including ZF Friedrichshafen and Continental, the competitive environment is quite intense. Factors such as the safety and convenience associated with advanced vehicle access solutions, will provide considerable growth opportunities to automotive smart key fob companies. ZF Friedrichshafen, Continental, Valeo, HYUNDAI MOBIS, HELLA, and TOKAIRIKA are some of the major companies covered in this report.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Automotive Smart Key Fob Market 2018-2022

Technavio recognizes the following companies as the key players in the global automotive smart key fob market: ZF Friedrichshafen, Continental, Valeo, HYUNDAI MOBIS, HELLA, and TOKAIRIKA.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing penetration rate of advanced functionalities in entry-segment cars. The global automotive industry is witnessing varied market dynamics in different geographic regions. Socioeconomic conditions, infrastructure, employment opportunities, and road networks define consumers' changing expectations and requirements in the global automotive market, particularly for the entry-segment passenger cars.”

According to the report, one driver in the market is safety and convenience associated with advanced vehicle access solutions. The automotive smart key fob market is growing in line with increasing sales volume of automobiles owing to its high penetration rate in automobiles, particularly passenger vehicles. The prominent automakers are equipping their vehicles with advanced key systems, which is driving the smart key fob market, owing to the benefits associated with the automotive smart key fob.

Further, the report states that one challenge in the market is smart key fobs are expensive and costly to replace. The global automotive smart key fob market is driven by numerous market enablers. However, there are certain challenges to the growth of the market. The cost of the development of smart key fobs is high, which adds to the overall cost of the vehicle, owing to the use of many electronic components in smart key fobs.

Companies Mentioned

ZF Friedrichshafen

Continental

Valeo

HYUNDAI MOBIS

HELLA

TOKAIRIKA

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Related market
      • Table Global automotive digital key market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global - Market size and forecast 2017-2022 (millions of units)
      • Table Global - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • Entry-segment vehicles - Market size and forecast 2017-2022
      • Table Entry-segment vehicles - Market size and forecast 2017-2022 (millions of units)
      • Table Entry-segment vehicles - Year-over-year growth 2018-2022 (%)
    • Mid-segment vehicles - Market size and forecast 2017-2022
      • Table Mid-segment vehicles - Market size and forecast 2017-2022 (millions of units)
      • Table Commercial vehicles - Year-over-year growth 2018-2022 (%)
    • Luxury-segment vehicles - Market size and forecast 2017-2022
      • Table Luxury-segment vehicles - Market size and forecast 2017-2022 (millions of units)
      • Table Luxury-segment vehicles - Year-over-year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 (millions of units)
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 (millions of units)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • The Americas - Market size and forecast 2017- 2022
      • Table The Americas - Market size and forecast 2017-2022 (millions of units)
      • Table Americas - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in the Americas
    • Market opportunity
      • Table Market opportunity by region
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ZF Friedrichshafen
      • Table ZF Friedrichshafen - Overview
      • Table ZF Friedrichshafen - Business segments
      • Table ZF Friedrichshafen - Organizational developments
      • Table ZF Friedrichshafen - Geographic focus
      • Table ZF Friedrichshafen - Segment focus
      • Table ZF Friedrichshafen - Key offerings
    • Continental
      • Table Vendor overview
      • Table Continental - Business segments
      • Table Continental - Organizational developments
      • Table Continental - Geographic focus
      • Table Continental - Segment focus
      • Table Continental - Key offerings
    • Valeo
      • Table Vendor overview
      • Table Valeo - Business segments
      • Table Valeo - Organizational developments
      • Table Valeo - Geographic focus
      • Table Valeo - Segment focus
      • Table Valeo - Key offerings
    • HYUNDAI MOBIS
      • Table Vendor overview
      • Table HYUNDAI MOBIS - Business segments
      • Table HYUNDAI MOBIS - Organizational developments
      • Table HYUNDAI MOBIS - Geographic focus
      • Table HYUNDAI MOBIS - Segment focus
      • Table HYUNDAI MOBIS - Key offerings
    • HELLA
      • Table HELLA overview
      • Table HELLA - Business segments
      • Table HELLA - Organizational developments
      • Table HELLA - Geographic focus
      • Table HELLA - Key offerings
    • TOKAIRIKA
      • Table TOKAIRIKA - Overview
      • Table TOKAIRIKA - Product segments*
      • Table TOKAIRIKA - Organizational developments
      • Table TOKAIRIKA - Geographic focus
      • Table TOKAIRIKA - Segment focus
      • Table TOKAIRIKA - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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