Global Virtual Car Key Market Growth (Status and Outlook) 2024-2030

Global Virtual Car Key Market Growth (Status and Outlook) 2024-2030

According to this study, the global Virtual Car Key market size will reach US$ million by 2030.

With Virtual Car Key, drivers can leave the car keys in their pockets or even at home and use their smartphones or smartwatches to unlock, lock and start the vehicle instead. The smartphone communicates with the vehicle using a virtual key stored in the phone via the secure platform, offering security on a level with mobile payment systems.

Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Virtual Car Key market by product type, application, key players and key regions and countries.

Segmentation by product type:
Smartphone
Smartwatch

Segmentation by Application:
Passenger Car
Commercial Vehicle

This report also splits the market by region:
United States
China
Europe
Other regions:
Japan
South Korea
Southeast Asia
Rest of world

The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
Valeo
Lear
Car Chabi
Tesla
Continental AG
Volkswagen
Gemalto
BMW
Hyundai
Audi

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