Global Automotive Digital Key Market Growth 2023-2029

Global Automotive Digital Key Market Growth 2023-2029

The Automotive Digital Key is composed of a transmitter, a remote central locking control module, a driving authorization system control module three receivers and a control system composed of relevant wiring harnesses. The remote control and transmitter are integrated on the car key. The vehicle can enter the locked or unlocked state according to the signal sent by the smart key, and even close the window and sunroof automatically.
LPI (LP Information)' newest research report, the “Automotive Digital Key Industry Forecast” looks at past sales and reviews total world Automotive Digital Key sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Digital Key sales for 2023 through 2029. With Automotive Digital Key sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Digital Key industry.
This Insight Report provides a comprehensive analysis of the global Automotive Digital Key landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Digital Key portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Digital Key market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Digital Key and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Digital Key.
The global Automotive Digital Key market size is projected to grow from US$ 4886.4 million in 2022 to US$ 7009.9 million in 2029; it is expected to grow at a CAGR of 7009.9 from 2023 to 2029.
The global Automotive Digital Key market includes several companies. However, Continental is in a dominant position in the product market, accounting for over 45% of the market share.
Europe is the largest consumption region, with a consumption market share nearly 35%. Following Europe, North America is the second place consumption area with the consumption market share about 25%.
The classification of Automotive Digital Key includes RKES and PKES. The proportion of RKES is over 85%.
Moreover, Automotive Digital Key is widely used for Passenger Vehicle, Commercial Vehicle. The most proportion of Automotive Digital Key is used for Passenger Vehicle, the proportion is over 90%.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Digital Key market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
RKES
PKES
Segmentation by application
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Continental
Denso
Hella
Lear
Valeo
Mitsubishi Electric
MARELLI
BCS
Tokai Rika
ALPHA

Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Digital Key market?
What factors are driving Automotive Digital Key market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Digital Key market opportunities vary by end market size?
How does Automotive Digital Key break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.