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Automotive Digital Key Sector, Europe and North America, 2024 2030
Automotive Digital Key Sector, Europe and North America, 2024 2030
Disruptive UWB Technology, Rising Consumer Demand for Smartphone Integration, and Innovative Sharing Models are Driving Transformational Growth by Addressing Customer Needs in the Connected Vehicle Era
RELEASE DATE
21-Aug-2024
21-Aug-2024
REGION
Global
Global
Deliverable Type
Market Research
Market Research
Research Code: PFM3-01-00-00-00
SKU: AU_2024_958
$4,950.00
In stock
SKU
AU_2024_958
The traditional car key is on its way to becoming a thing of the past, likely confined to the glove compartment. In Europe and North America, the automotive digital key market is rapidly expanding, driven by consumer demand for seamless, secure, digitally integrated interfaces and technologically advanced car access experiences. Additionally, digital keys can provide personalized user settings and real-time access management and monitoring, which enhances the overall driving experience.
This transition from physical keys to digital solutions marks a significant evolution in the automotive industry, and this report serves as a guide to navigating this dynamic market.
Drawing insights from interviews with industry leaders from technology providers, OEMs, technology enablers, software providers, cloud service platforms, and other stakeholders, this analysis offers a comprehensive perspective on the industry and its growth potential. Forecasts for Europe and North America include the expected yearly revenue, sales volume, and penetration of digital keys from 2024 to 2030.
Finally, Frost & Sullivan provides valuable insights into upcoming growth opportunities for diverse industry stakeholders.
Research Scope
Frost & Sullivan’s analysis aims to provide insights into several areas:
- Current technological trends, features, and services influencing the landscape of automotive digital keys
- Market projections specific to Europe and North America
- Involvement of diverse ecosystem participants, particularly OEMs and technology providers
- Opportunities and challenges industry stakeholders face
- Business prospects for stakeholders spanning the entire market spectrum
Key Issues Addressed
- What is Automotive Digital Key? What is the supply chain structure for Automotive Digital key technology?
- What are the primary drivers and restraints of Automotive Digital key Market?
- How will the Automotive Digital Key Market grow? What is the adoption trend among OEMs? Who are the technology players?
- How do Europe and North America’s Automotive Digital key market sizes differ? Which region will see maximum growth?
- What are the growth avenues for the Automotive Digital key Market in Europe and North America until 2030? How will they help important stakeholders in the Automotive Digital key industry?
Key Findings
Digital Key Penetration and Forecast Snapshot
Regional Market Snapshot
Digital Key Technology and Adoption Trends among OEM Groups
Portfolio and Snapshot by Technology Provider
Standards and Regulations
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Automotive Digital Key Industry
Scope of Analysis
Segmentation
Market Definition
Distribution Channels
Competitive Environment
Key Competitors
Growth Metrics
Growth Drivers
Growth Restraints
Forecast Considerations
Revenue and Vehicle Sales with Digital Key Forecast
Revenue Forecast by Region
Revenue Forecast Analysis
Digital Key Vehicle Sales with Digital Key Forecast by Region
Pricing Trends and Forecast Analysis
Major Trends Impacting Automotive Digital Keys
Impact of Digital Keys on Connected Car Platforms
Competing Standards by the Car Connectivity Consortium (CCC)
Competing Standards by the CCC (continued)
Introduction
Evolution of Car Access Keys
Block Diagram
Product Roadmap and Technological Advancement
Comparison of BLE, NFC, and UWB
Impact of UWB on Security and Convenience after Integration with BLE and NFC
Future Developments in Digital Keys—Biometrics
Growth Metrics
Revenue and Vehicle Sales with Digital Key Forecast
Digital Key Penetration Forecast
Forecast Analysis
Growth Metrics
Revenue and Vehicle Sales with Digital Key Forecast
Digital Key Penetration Forecast
Forecast Analysis
BMW Group
Mercedes-Benz Group
Geely Group
Toyota Group
Hyundai Group
Renault-Nissan-Mitsubishi (RNM)
Tata Motors Group
Volkswagen Group
Continental Automotive Systems
Valeo
Huf
Forvia Hella
Denso (Infinite Key®)
Bosch
Growth Opportunity 1—Innovative Business Models
Growth Opportunity 1—Innovative Business Models (continued)
Growth Opportunity 2—Integration with Connected Car Services
Growth Opportunity 2—Integration with Connected Car Services (continued)
Growth Opportunity 3—Biometrics Integration
Growth Opportunity 3—Biometrics Integration (continued)
Best Practices Recognition
Frost Radar
Benefits and Impacts of Growth Opportunities
Next Steps
Take the Next Step
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
The traditional car key is on its way to becoming a thing of the past, likely confined to the glove compartment. In Europe and North America, the automotive digital key market is rapidly expanding, driven by consumer demand for seamless, secure, digitally integrated interfaces and technologically advanced car access experiences. Additionally, digital keys can provide personalized user settings and real-time access management and monitoring, which enhances the overall driving experience.
This transition from physical keys to digital solutions marks a significant evolution in the automotive industry, and this report serves as a guide to navigating this dynamic market.
Drawing insights from interviews with industry leaders from technology providers, OEMs, technology enablers, software providers, cloud service platforms, and other stakeholders, this analysis offers a comprehensive perspective on the industry and its growth potential. Forecasts for Europe and North America include the expected yearly revenue, sales volume, and penetration of digital keys from 2024 to 2030.
Finally, Frost & Sullivan provides valuable insights into upcoming growth opportunities for diverse industry stakeholders.--BEGIN PROMO--
Research Scope
Frost & Sullivan’s analysis aims to provide insights into several areas:
- Current technological trends, features, and services influencing the landscape of automotive digital keys
- Market projections specific to Europe and North America
- Involvement of diverse ecosystem participants, particularly OEMs and technology providers
- Opportunities and challenges industry stakeholders face
- Business prospects for stakeholders spanning the entire market spectrum
Key Issues Addressed
- What is Automotive Digital Key? What is the supply chain structure for Automotive Digital key technology?
- What are the primary drivers and restraints of Automotive Digital key Market?
- How will the Automotive Digital Key Market grow? What is the adoption trend among OEMs? Who are the technology players?
- How do Europe and North America’s Automotive Digital key market sizes differ? Which region will see maximum growth?
- What are the growth avenues for the Automotive Digital key Market in Europe and North America until 2030? How will they help important stakeholders in the Automotive Digital key industry?
| Deliverable Type | Market Research |
|---|---|
| Author | parduman satpal |
| Industries | Automotive |
| No Index | No |
| Is Prebook | No |
| Podcast | No |
| WIP Number | PFM3-01-00-00-00 |