For depth analysis, Global Automotive Smart Key Market is segmented by Technology (Infra-Red Sensor, Transmission and Other), End Market (OEM and Aftermarket) and Region.
Global Automotive Smart Key Market Highlights:
The growth of automotive industry leads to the increase in demand for Automotive Smart Key market. Automotive smart key is a computerized key, which locks and unlocks a vehicle without using the conventional key and pressing the buttons on the remote or smart key. It is segmented into two segments: Technology and End Market. On the basis of Technology, it is segmented into Infra-Red Sensor, Transmission and Other. On the basis of end market, it is segmented into OEM and Aftermarket. Aftermarket accounted for the largest market share. Aftermarket is generally the secondary market for automotive concerned with manufacturing, distribution, retailing and installation of vehicle parts.
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Automotive Smart Key Market Key Companies Studied in this report are 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) and ALPHA Corporation.
Market Segments Analysis:
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.
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
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.
Research Methodology:
Market Research Future (MRFR) employs innovative statistical algorithms for gathering impactful market insights that can drive business decisions. An in-depth analysis of constantly evolving market trends combined with a study of historical data is leveraged for providing accurate competitive intelligence. The statistical observations made in our reports are backed by data procured through extensive primary and secondary research which include interviews with stakeholders, SEC filings, whitepaper references, annual reports of key players, etc. Top-down and bottom-up approaches are employed for authenticating the credibility of the market foresight delivered. A multi-layer verification process reaffirms the market size and revenue estimation. MRFR strives to provide reliable and transparent information that helps clients in developing growth strategies.
The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table Of Contents:
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Stud
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
4.1 Introduction
4.2 Forward Collision Warning
4.3 Dynamic Brake Support
4.4 Crash Imminent Braking
Continued…
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