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Automotive smart key market is expected to reach USD 22 billion by 2023 according to new research report

Automotive and Transportation Market Research

Global Automotive Smart Key Market, By Technology (Infra-Red Sensor, Transmission and Other), By End Market (OEM and Aftermarket) - Forecast 2017-2023

Market Highlights:

A smart key is a technology that uses an electronic access for locking, unlocking, and starting the vehicle. It functions by an identifying antenna that is attached to the car body and a radio pulse generator in the key.

The vehicle is automatically unlocked and locked when the button on the key is pressed. The vehicle that is equipped with a smart key requires only one button to be pressed on the door handles so as to lock the vehicle.

It is a very safe technology for securing the vehicle from various threats.  The factors that are responsible for the growth of automotive smart key market are advancements in technology such as requirement of premium feature in cars and regulations for the security of the vehicle.

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Market Research Analysis:

Asia-Pacific region is expected to dominate the automotive smart key market due to the increase in investment into improving vehicle safety. The increase in investment in automotive industry will drive the use of commercial and passenger cars, which will result in the growth of this market.

North America stood at second place and is estimated to have steady growth of the market.

Key Players of Automotive Smart Key Market:

  • 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)
  • ALPHA Corporation

Scope of the Report:

This study provides an overview of the global automotive Smart key market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW).

The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global automotive Smart key market by its platform, by application, by payload, and by region.

By Technology

  • Infra-Red Sensor
  • Transmission
  • Others

By End Market

  • OEM
  • Aftermarket

By Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Brief TOC:

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


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