Automotive Keyless Entry System Global Market Report 2023 – By Product (Passive Keyless Entry Systems, Remote Keyless Entry Systems), By Vehicle Type (Passenger Cars, LCV, HCV), By End User (Aftermarket, Original Equipment Manufacturer (OEMs)) – Market Size, Trends, And Global Forecast 2023-2032

Automotive safety systems are devices that minimize the risk of injuries, help prevent accidents and mitigate the impacts of collisions. These systems are designed to either work automatically or require drivers to activate them when desired. Common automotive safety systems include seatbelts, airbags, collapsible steering columns, occupant sensing systems, traction control, tire pressure monitors, anti-lock braking systems (ABS), lane departure warning systems (LDWS), and others. Active safety systems aid in preventing car crashes. Passive safety systems are designed to assist in preventing car crashes. Active systems are proactive safety measures that manage steering, braking, and propulsion to help avoid accidents. The automotive safety systems are for vehicle types such as passenger cars and commercial vehicles and are used by end-users such as OEMs and aftermarkets. The global automotive safety systems market is segmented – 1) By Type: Active Safety System, Passive Safety System 2) By Vehicle Type: Passenger Cars, Commercial Vehicles 3) By End User: OEM, Aftermarket The global automotive safety systems market size will grow from $106.98 billion in 2022 to $118.12 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of automotive safety systems market is expected to grow to $173.43 billion in 2027 at a CAGR of 10.1%. The increasing demand for electric vehicles is expected to put pressure on automotive safety systems during the forecast period. Electric vehicles require safety features such as adaptive cruise control (ACC), blind spot warning, auto braking, lane assist, and others, which drive the market. For instance, in 2021, electric car sales doubled to 6.6 million from 3 million in 2020. Hence, the growing demand for electric vehicles is expected to generate more demand for automotive safety systems, thus driving the market during the period. Major players in the automotive safety systems market are Autoliv Inc., Continental AG, ZF Friedrichshafen AG, Valeo, Mobileye, Robert Bosch GmbH, Infineon Technologies AG, Knorr-Bremse AG, Nihon Plast Co., Ltd., Toyoda Gosei Co., Ltd., Delphi Automotive PLC., Magna International, Takata Corporation, Grammer AG, Lear Corporation, Johnson Controls, Toyota Boshoku, Hella KGaA Hueck & Co., Bendix Commercial Vehicle Systems LLC, WABCO Vehicle Control System, Ford Motor Company, and Joyson Safety Systems. New technological developments are a key trend gaining popularity in the automotive safety systems market. The automotive industry is increasingly focusing on integrating smarter and safer safety systems into vehicles for better safety in different terrains and conditions. For instance, in January 2022, Sweden-based truck manufacturer Volvo Vehicles introduced Active Grip Control, a unique safety feature for electric trucks. The new technology significantly improves acceleration, stability, and braking in slippery conditions. The new safety feature also decreases the risk of oversteering and jackknifing when driving unloaded. In May 2020, The ZF Friedrichshafen AG Company, a Germany-based technology company, acquired WABCO for an undisclosed amount. The transaction will allow ZF to become a world leader in commercial automotive systems and improve the existing digital platforms in the market. WABCO Vehicle Control Systems is a US-based company that provides electronic braking, stability, suspension, and transmission automation systems for heavy-duty commercial vehicles. North America will be the largest region in the automotive safety systems market in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the automotive safety systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive safety systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive safety systems market of sales of seatbelts, airbags, collapsible steering columns, occupant sensing systems, traction control, tire pressure monitors, anti-lock braking systems (ABS), and lane departure warning systems (LDWS).Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive safety systems market research report is one of a series of new reports from The Business Research Company that provides automotive safety systems market statistics, including automotive safety systems industry global market size, regional shares, competitors with an automotive safety systems market share, detailed automotive safety systems market segments, market trends and opportunities, and any further data you may need to thrive in the automotive safety systems industry. This automotive safety systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The automotive smart key refer to a computerised key that uses radio waves to communicate with its associated vehicle through one of the self-embedded antennas. Automotive smart keys allow users to unlock, lock, or start a vehicle electronically, without the use of a physical ignition. The main types of automotive smart keys include passive keyless access and remote keyless access. Passive keyless access is an automatic security system that operates automatically when the user is near to the vehicle, including locking and unlocking, when the user walks away or touches the car on exit. The installation types of automotive smart keys include OEM and aftermarket, with applications including single-function and multi-function. The global automotive smart key market is segmented - 1) By Type: Passive Key Less Access, Remote Key Less Access 2) By Installation: OEM, After Market 3) By Application: Single Function, Multi-Function The global automotive smart key market size will grow from $12.69 billion in 2022 to $13.27 billion in 2023 at a compound annual growth rate (CAGR) of 4.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the automotive smart key is expected to grow to $15.77 billion in 2027 at a CAGR of 4.4%. The increasing demand for luxury cars is expected to propel the growth of the automotive smart key market. Automotive manufacturers manufacturing luxury and hybrid cars use smart keys that consist of sensors and microchips to automatically unlock the doors and start the vehicle without the use of a physical key. The growing demand for luxury cars is expected to increase demand for automotive smart keys. For instance, the German luxury car company, Audi, reported a two-fold increase in retail sales in India in 2021, from 1,639 units in 2020 to 3,293 units in 2021. Another German luxury vehicle company, Mercedes-Benz India, sold 4,101 units in the 2021 July-September quarter, up from 2,060 units in the same quarter of 2020. Therefore, the rising demand for luxury automobiles is expected to drive the automotive smart key market growth. TOKAI RIKA CO., Continental AG, Denso Corp., Alfa Corp., ZF Friedrichshafen AG, Valeo, Bosch, Mitsubishi, Alps Electric, Delphi, Hella KGAA, Visteon Corporation, Toyota, and Calsonic Kansei are major players in the automotive smart key market. Technological advancements are a key trend gaining popularity in the automotive smart key market. Major companies operating in the automotive smart key are focused on developing new technological solutions to strengthen their position. For instance, in March 2021, BMW, a German automobile company, announced the introduction of ultra-wideband technology in their cars. Ultra-Wideband is a short-range wireless communication that uses radio waves, just like Bluetooth or Wi-Fi. However, it improves both the application possibilities as well as the security levels of similar radio technologies. Using this ultra-wideband technology, users can easily unlock and lock vehicles remotely. BMW will bring this technology to their new model of car, the BMW iX, to power the BMW Digital Key Plus. In May 2020, ZF Friedrichshafen AG, a Finland-based car parts manufacturer, acquired WABCO for an undisclosed amount. Through this acquisition, WABCO will be part of ZF Friedrichshafen AG and will operate under the ZF Group. WABCO will offer commercial vehicle technology supplier sectors that will manufacture technology-related to smart keys and advanced vehicle parts for commercial vehicles. WABCO is a US-based global technology provider for commercial vehicle technology. North America was the largest region in the automotive smart key market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive smart key market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive smart key market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The automotive smart key market consists of sales of devices and technology to manage automobiles lock and engine by communicating with antennas in the car, sending and receiving signals, which are interpreted by the car's electronic computer. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive smart key market research report is one of a series of new reports from The Business Research Company that provides automotive smart key market statistics, including automotive smart key industry global market size, regional shares, competitors with a automotive smart key market share, detailed automotive smart key market segments, market trends and opportunities, and any further data you may need to thrive in the automotive smart key industry. This automotive smart key market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The automotive sensors are used to detect, transmit, analyse, record, and display information about the vehicle's internal and external surroundings. Automotive sensors are intelligent sensors that monitor the vehicle's condition and either provide information to the user or automatically make the required changes to the vehicle. Automotive sensors check incoming air temperature, fuel-air mixture, manifold pressure, wheel speed, and others. The main types of automotive sensors are temperature sensors, pressure sensors, speed sensors, level-position sensors, magnetic sensors, gas sensors, and inertial sensors. Temperature sensors measure the temperature of the air outside the automobile. It usually consists of thermocouples, thermistors, or resistance. Automotive sensors are based on different types of technology, such as nano-electro-mechanical systems and micro-electro-mechanical systems. Automotive sensors are used in various vehicle types, including passenger cars, light commercial vehicles, and heavy commercial vehicles. These automotive sensors are used on the powertrain, chassis, exhaust, ADAS, and other applications. The global automotive sensors market is segmented - 1) By Type: Temperature Sensors, Pressure Sensors, Speed Sensors, Level/Position Sensors, Magnetic Sensors, Gas Sensors, Inertial Sensors 2) By Vehicle Type: Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle 3) By Technology: Nano-Electro-Mechanical Systems, Micro-Electro-Mechanical Systems 4) By Application Type: Powertrain, Chassis, Exhaust, ADAS, Other Applications The global automotive sensors market size grew from $24.79 billion in 2022 to $28.29 billion in 2023 at a compound annual growth rate (CAGR) of 14.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the automotive sensors is expected to grow to $48.05 billion in 2027 at a CAGR of 14.2%. The rising adoption of autonomous vehicles is expected to propel the growth of the automotive sensors market. Autonomous vehicles are driverless vehicles that operate and perform necessary functions on their own without any human intervention. The use of automotive sensors in autonomous vehicles has reduced the drivers' stress and increased the productivity of the vehicle. For instance, the global autonomous car market is projected to grow from $1.64 billion in 2021 to $11.03 billion in 2028 at a CAGR of 31.3% due to the increased demand. Hence, the rising adoption of autonomous vehicles plays an important role in the growth of the automotive sensors market. The automotive sensors market is dominated by Robert Bosch GmbH, Continental AG, DENSO Corporation, Infineon Technologies AG, Sensata Technologies, Allegro Microsystems Inc., Analog Devices Inc., ELMOS Semiconductor SE, Aptiv plc, NXP Semiconductors N.V., STMicroelectronics N.V., CTS Corporation, Texas Instruments Incorporated, TE Connectivity Ltd., ZF Friedrichshafen, Magna International. The rise in the use of pressure sensors in the automotive industry is a key trend gaining popularity in the automotive sensor market. Pressure sensors are used for discovering the early faults in hydraulic brakes, optimising the fuel mix to match the air pressure, automatic cleaning of exhaust filters, tracking exhaust recirculation, critical fluid examinations, finding vapour leakages, triggering airbags faster, and launching pedestrian airbags. For example, in September 2020, Sensata Technologies, Inc., an industrial technology company and a leading provider of sensors, launched the new PTE7100 and PTE7300 hermetic pressure sensors for industrial applications. The sensor is made with the leading micro silicon strain gauge technology in the automotive industry. The sensor has several unique features, including high accuracy, burst strength, and shock performance, making it a robust solution for customers with challenging measurement requirements. In April 2020, Infineon Technologies AG, a semiconductor manufacturer in Germany, acquired Cypress Semiconductor Corporation for $10 billion. The acquisition is expected to enhance Infineon’s position as a leader in system solutions for the IoT, automotive, and industrial markets. Cypress Semiconductor Corporation is an American manufacturer of sensors and semiconductors. Asia-Pacific was the largest region in the automotive sensors market in 2022 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the automotive sensors market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the Automotive Sensors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive sensors market consists of revenues earned by entities by providing automotive sensors services such as autonomous driving and automated parking system. The market value includes the value of related goods sold by the service provider or included within the service offering. The automotive sensors market also includes sales of battery mini-breakers, thermal cutoff devices, capacitors, contactors, DC power distribution modules, DC solenoids and relays equipment which are used in providing automotive sensors services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive sensors market research report is one of a series of new reports from The Business Research Company that provides automotive sensors market statistics, including global market size, regional shares, competitors with automotive sensors market share, detailed automotive sensors market segments, market trends and opportunities, and any further data you may need to thrive in the automotive sensors industry. This automotive sensors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Automotive Ethernet is a fast in-vehicle communication protocol offering high bandwidth to support high-end vehicular functions such as vehicle interaction, calibration, measurement, and diagnostics through diagnostics over internet protocol (DoIP) and others. Ethernet bypasses traditional connectivity cabling in automobiles, allowing all vehicle components to connect with lighter and more effective wires, thus reducing connectivity costs and cabling weight. The main automotive ethernet components include hardware, software, and services. Hardware is used to test and validate automotive electronic control units (ECUs) and other vehicle technology systems. It includes different media converters, switches, capture modules, and others. The different applications of automotive ethernet include advanced driver assistance systems (ADAS), infotainment, powertrain, body and comfort, and chassis for vehicle types such as passenger cars, commercial vehicles, and farming and off-highway vehicles. The global automotive ethernet market is segmented – 1) By Component: Hardware, Software and Services 2) By Application: Advanced Driver Assistance Systems (ADAS), Infotainment, Powertrain, Body and Comfort, Chassis 3) By Vehicle Type: Passenger Cars, Commercial Vehicles, Farming and Off-Highway Vehicles The global automotive ethernet market size will grow from $2.01 billion in 2022 to $2.42 billion in 2023 at a compound annual growth rate (CAGR) of 20.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of automotive ethernet market is expected to grow to $5.2 billion in 2027 at a CAGR of 21.0%. The increased demand for motor vehicles has contributed to the growth of the automotive ethernet market during the forecast period. The addition of innovative solutions, such as connected devices and artificial intelligence (AI) and technology, to connected vehicles accelerates innovation in the automotive industry, which further increases demand for automotive Ethernet solutions. According to statistics from the International Organization of Motor Vehicle Manufacturers, the total number of vehicles produced from January to September 2021 increased to 57.2 million units from 52.1 million units in 2020 during the same period. Hence, the increasing automobile demand is expected to generate high demand for automotive Ethernet, thus driving the market during the period. Major players in the automotive ethernet market are Broadcom Inc., Marvell Technology Group Ltd., NXP Semiconductors N.V., Microchip Technology Inc., Texas Instruments Incorporated, Molex LLC, Cadence Design Systems Inc., System-on-Chip Engineering S.L., TTTech Computertechnik AG, Vector Informatik GmbH, Excelfore, ACTIA Group, AllGo Embedded Systems Private Limited, and Keysight Technologies Technological advancements are a key trend gaining popularity in the automotive Ethernet market. Companies are focusing on intelligent automotive ethernet solutions to develop the advanced, high-bandwidth communications systems required by next-generation vehicles. For instance, in 2021, Germany-based automotive software company Elektrobit launched the first automotive ethernet switch firmware for secure, high-performance, in-vehicle communications required for EVs, sophisticated ADAS and self-driving vehicles. The firmware adds a layer of intelligence to automotive ethernet switches, thus enabling them to handle the immense network functions required to enhance the scalability, safety, and security of vehicles. It provides advanced network management and network security functions such as routing, gateways, firewalls, and network intrusion detection and prevention systems. In September 2022, KPIT Technologies, an Indian Software company, acquired 4 subsidiaries of Technica Engineering for $82.2 million (€ 80 million). The acquisition would help KPIT in offering one stop solutions for automotive Ethernet industry. The acquired companies, Technica Engineering Gmbh, Germany, Technica Electronics Barcelona S.L., Spain and Technica Engineering Spain S.L., Spain, are all subsidiaries of Technicia Engineering, a Germany-based automotive Ethernet solutions manufacturer. Asia-Pacific was the largest region in the automotive Ethernet market in 2022. North America is expected to be the fastest growing region in the forecast period. The regions covered in the automotive ethernet market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive ethernet market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive ethernetmarket include revenues earned by entities by one pair ethernet (OPEN), energy efficient ethernet, power over ethernet (PoE) and gigabit ethernet. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive ethernet market research report is one of a series of new reports from The Business Research Company that provides automotive ethernet market statistics, including automotive ethernet industry global market size, regional shares, competitors with a automotive ethernet market share, detailed automotive ethernet market segments, market trends and opportunities, and any further data you may need to thrive in the automotive ethernet industry. This automotive Ethernet market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Automotive IoT is an integration of sensors, gadgets, software applications, and others in automotive that are designed to perform a specific or wide range of activities, such as fleet management, predictive diagnostics, and others. The main types of offerings in the automotive IOT market are hardware, software, and services. The hardware market consists of sales of automotive IoT hardware by entities (organisations, sole proprietors, partnerships), which includes remote dashboard, devices for control, servers, routing or bridge device, and sensors. The automotive IoT market is divided by connectivity into embedded, tethered, and integrated. The automotive IoT market is divided by application into infotainment, fleet management, predictive maintenance, vehicle security, automotive driver assistance system, and traffic management. Lastly, the automotive IoT market is divided by end users into original equipment manufacturers and aftermarket. The global automotive IoT market is segmented - 1) By Offering: Hardware, Software, Services 2) By Connectivity: Embedded, Tethered, Integrated 3) By Application: Infotainment, Fleet Management, Predictive Maintenance, Vehicle Security, Automatic Driver Assistance System, Other Applications 4) By End User: Original Equipment Manufacturers, Aftermarket The global automotive IoT market size will grow from $125.82 billion in 2022 to $143.72 billion in 2023 at a compound annual growth rate (CAGR) of 14.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the automotive IoT is expected to grow to $246.58 billion in 2027 at a CAGR of 14.4%. Increasing demand for autonomous vehicles is expected to propel the growth of the automotive IoT market going forward. Autonomous vehicles refer to self-driving vehicles that perform various functions and can operate on their own using various technologies. The Internet of things enables autonomous vehicles to connect wirelessly on a cloud system through multiple devices and provides vehicle-to-vehicle interaction, as a result, increasing demand for autonomous vehicles increases the demand for the automotive IoT market. For instance, in December 2022, according to National Highway Traffic Safety Administration (NHTSA), a US-based government agency, it is expected that there would be approximately 3.5 million autonomous vehicles on U.S. roads by 2025, which would reach 4.5 million by 2030. Therefore, increasing demand for autonomous vehicles drives the automotive IoT market growth. Major players in the automotive IoT market are Texas Instruments, NXP Semiconductors, Intel Corporation, TomTom, Cisco Systems, Microsoft Corporation, IBM Corporation, Google, AT&T, Apple, and Robert Bosch. Automotive predictive diagnostics solutions are a key trend gaining popularity in the automotive IoT market. The automotive companies are partnering with technology players for the integration of predictive diagnostics solutions into their existing models, which allows the upkeep frequency to be as low as possible to stop unplanned reactive maintenance without incurring costs related to doing an excessive amount of preventive maintenance. The predictive maintenance systems within the vehicle continuously monitor, collects, record, transfer and evaluate data from in-vehicle sensors to keep track of vehicle functional metrics. For instance, in February 2022, Ashok Leyland, an India-based automotive manufacturer, partnered with Syncron, a Sweden-based after-sales service provider, to integrate predictive vehicle maintenance solutions into Ashok Leyland Condition Monitoring Systems (CMS). In February 2021, Harman International, an automotive infotainment company, acquired Safari for an undisclosed amount. With this acquisition, Harman wants to expand its company’s portfolio in automotive telematics and advanced driving assistance systems (ADAS) capabilities and enhance 5G Edge, multi-access edge computing (MEC) and smart infrastructure solutions. Savari is an automotive infotainment company with V2X sensor solutions and also includes vehicle-to-phone for pedestrians and bicyclists, vehicle-to-vInfrastructure and vVehicle-to-vVehicle and iInfrastructure-to-pPhone. North America was the largest region in the automotive IoT market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive IoT market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive IoT market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The automotive IoT market includes revenues earned by entities by providing hardware, software, and services that can be used to create new applications to make vehicles smarter and more intelligent to offer more safe, more efficient,-vehicle (V2V), vehicle-to-infrastructure (V2I), and vehicle-to-everything (V2X) communication including connected car solutions, Advanced Driver-Assistance Systems (ADAS), in-vehicle infotainment systems, navigation & telematics solutions, and predictive maintenance solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive IoT market research report is one of a series of new reports from The Business Research Company that provides automotive IoT market statistics, including automotive IoT industry global market size, regional shares, competitors with an automotive IoT market share, detailed automotive IoT market segments, market trends and opportunities, and any further data you may need to thrive in the automotive IoT industry. This automotive IoT market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The automotive smart display refers to a touch screen system that is used in vehicles to deliver hands-free access to multimedia management, driver safety features, navigation, and real-time automotive diagnostics such as battery temperature, fuel power, tire force, and engine heat indications. The automotive smart display is used to improve the safety and security of the residents in the vehicle. The main types of vehicles in automotive smart displays are passenger cars, light commercial vehicles, and heavy commercial vehicles. The passenger car is a multi-track vehicle with at least two wheels, a driver, and four wheels in most cases. Its primary purpose is to transport passengers. The various screen sizes include <5”, 5”-10”, and>10”, which use different display technologies such as LCD, TFT-LCD, OLED, and others. The different types of autonomous driving include semi-autonomous and autonomous and are used in numerous applications such as digital instrument clusters, center stack, head-up display (hud), rear-seat entertainment, and others. The global automotive smart display market is segmented - 1) By Vehicle Type: Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle 2) By Display Technology: LCD, TFT-LCD, OLED 3) By Autonomous Driving: Semi-Autonomous, Autonomous 4) By Application: Digital Instrument Cluster, Center Stack, Head-up Display (HUD), Rear Seat Entertainment, Other Applications The global automotive smart display market size will grow from $8.95 billion in 2022 to $10.07 billion in 2023 at a compound annual growth rate (CAGR) of 12.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of automotive smart display is expected to grow to $15.32 billion in 2027 at a CAGR of 11.1%. The increasing demand for semi-autonomous and autonomous vehicles is expected to propel the growth of the automotive smart display market going forward. Semi-autonomous and autonomous self-driving vehicles can accelerate, decelerate and stop without human intervention. A smart display is used in semi-autonomous and autonomous vehicles to detect vehicles. These smart displays will show the vehicles and objects behind the vehicles, which will be useful when reversing. For instance, in 2021, according to Crunchbase, a US-based prospecting platform for dealmakers, Waymo LLC, a US-based autonomous driving technology development company, raised a total of $5.5 billion in funding for autonomous vehicles. Also, in 2020, Tesla, a US-based automotive and clean energy company, raised a total of $20.2 billion in funding. Therefore, the increasing demand for semi-autonomous and autonomous vehicles drives the growth of the automotive smart display market. Major players in the automotive smart display market are Robert Bosch GmbH, Continental AG, DENSO Corporation, Visteon Corporation, Nippon Seiki, Panasonic, Pioneer, Yazaki, Alps Alpine Co. Ltd., Hyundai Mobis, LG Display Co. Ltd., Valeo SA, Magna International Inc., Delphi Automotive PLC, AU Optronics, Japan Display Inc., Kyocera Display, Gentex Corporation, and Garmin Ltd. Technological advancements have emerged as the key trend gaining popularity in the automotive smart display market. Major companies operating in the automotive smart display sector are focused on developing technology such as 5G technology and wireless technology to meet consumer demand. Automotive applications can be integrated with smart display systems using 5G. For instance, In January 2021, LG Electronics, a South Korea-based company that manufactures consumer electronics and automotive smart devices, collaborated with Qualcomm Technologies, a US-based semiconductor company, for the development of the 5G in-vehicle platform. This 5g technology helps in the more effective use of car sensors and will give a better automotive smart display view. It also helps in the vehicle to vehicle (V2V) and vehicle to infrastructure (V2I) communication. In December 2020, Hyundai Mobis, a South Korean company that manufactures automotive parts and components, acquired Hyundai Autron for a deal amount of $122 million. Through this acquisition, Hyundai Mobis aims to expand its semiconductor design, development, and verification capabilities for vehicles and differentiate its integrated control technology in the future automotive market. Hyundai Autron is a South Korea-based company that manufactures smart displays. Asia-Pacific was the largest region in the automotive smart display market in 2022. The regions covered in the automotive smart display market report analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive smart display market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive smart display market consists of sales of shape memory and self-folding polymers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive smart display market research report is one of a series of new reports from The Business Research Company that provides automotive smart display market statistics, including automotive smart display industry global market size, regional shares, competitors with a automotive smart display market share, detailed automotive smart display market segments, market trends and opportunities, and any further data you may need to thrive in the automotive smart display industry. This automotive smart display market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The automotive diagnostic scan tools refer to a hardware device or software that reads a vehicle computer system, including major components such as transmission, engine, airbags, and others. These diagnostic tools access the data memory of control units and onboard electronics to evaluate or analyze them. The main types of automotive diagnostics scan tools are onboard diagnostics (OBD), electric system analyzers, and others. On-board diagnostics (OBD) is an electronic hardware device designed to read error memory and data that is recorded in in-vehicle systems. OBD readers help in establishing a connection between the car and a mobile app or diagnostics software. The various vehicle types that use automotive diagnostics scan tools are passenger cars and commercial vehicles that are offered in various categories, which include both diagnostic equipment/hardware and diagnostic software. The global automotive diagnostic scan tools market is segmented – 1) By Type: On-Board Diagnostics (OBD), Electric System Analyzers, Other Types 2) By Vehicle Type: Passenger Cars, Commercial Vehicles 3) By Offering Type: Diagnostic Equipment/Hardware, Diagnostic Software The global automotive diagnostic scan tools market size will grow from $36.73 billion in 2022 to $39.62 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of automotive diagnostic scan tools market is expected to grow to $52.06 billion in 2027 at a CAGR of 7.1%. The rise in vehicle production and sales is expected to propel the growth of the automotive diagnostic scan tools market. Automotive scan tools are used to quickly and accurately identify the problem areas in specific locations based on data extracted from sensors, microchips, and built-in-processors. As the number of vehicles increases, the demand for automotive diagnostics tools is expected to increase, as the repair and maintenance companies look for innovative diagnostics tools to increase the speed and efficiency of vehicle diagnostics activities. According to the study published by the International Organization of Motor Vehicle Manufacturers, the global production of motor vehicles increased from 77.711 million in 2020 to 80.145 million in 2021 at a growth rate of 3%. Therefore, the rise in vehicle production and sales is driving the growth of the automotive diagnostic scan tool market. Major players in the automotive diagnostic scan tools market are Denso Corp., Snap-On Inc., DG Technologies, Softing AG, Actia Group SA, Dsa Daten-Und Systemtechnik GmbH, Hickok Inc., Bosch Automotive Service Solutions Inc., Delphi Automotive PLC, Kpit Technologies, Launch Tech, Volvo Group, Autel Intelligent Technology Corp. Ltd., Fluke Corporation, Honda Motor Company Ltd., and Siemens. Technological advancement is a key trend gaining popularity in the automotive diagnostic scan tool market. The companies operating in the automotive diagnostic scan tool market are investing in the development of innovative technologies to increase the reach of their products to at-home customers. For instance, in October 2021, Continental AG launched Autodiagnos Drive, an innovative remote vehicle data solution for remotely diagnosing vehicular problems. The new product is a plug-and-play technology for accessing diagnostic information for vehicles. In October 2020, Snap-on Inc., a US-based manufacturer and marketer of tools, equipment, diagnostics, and systems solutions for professional users in the transportation industry including the automotive industries, acquired the assets of AutoCrib Inc., for USD 36 million in cash. Through this acquisition, AutoCrib will be a part of Snap-on’s Commercial & Industrial Group. The acquisition also complements and expands Snap-on’s existing tool control offering to customers in aerospace, automotive, military, natural resources, and general industry. AutoCrib is a US-based company involved in designing, manufacturing, and marketing diagnostic scan tools and asset control solutions for automobiles. Asia-Pacific was the largest region in the automotive diagnostic scan tools market in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the automotive diagnostic scan tools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive diagnostic scan tools market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive diagnostic scan tools market of sales of code readers, OBD scanners and readers, tire pressure gauge, circuit testers and multimeters, and car battery testers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributorsand retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive diagnostic scan tools market research report is one of a series of new reports from The Business Research Company that provides automotive diagnostic scan tools market statistics, including automotive diagnostic scan tools industry global market size, regional shares, competitors with an automotive diagnostic scan tools market share, detailed automotive diagnostic scan tools market segments, market trends and opportunities, and any further data you may need to thrive in the automotive diagnostic scan tools industry. This automotive diagnostic scan tools market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Automotive repair and maintenance refer to the service of repair, alteration, restoration, towing, painting, and cleaning of automobiles. Regular vehicle service and maintenance give huge dividends in fuel efficiency, increase safety, and longevity, enhance performance and reliability, and save on expensive repairs. The main types of automotive repair and maintenance are automotive mechanical and electrical repair and maintenance, automotive body, paint, interior, glass repair, and others. The automotive mechanical and electrical repair and maintenance sector is made up of businesses that specialize in transmission repair, electrical system repair, engine repair and maintenance, and exhaust system replacement. The different vehicle types include passenger cars, light commercial vehicles, heavy commercial vehicles, bikes & scooters and involves several service providers such as automotive dealership, franchise general repairs, specialty shops, locally owned repair shops/body shops, and others. The global automotive repair and maintenance market is segmented - 1) By Type: Automotive Mechanical and Electrical Repair and Maintenance, Automotive Body, Paint, Interior, and Glass Repair, Other Automotive Repair and Maintenance 2) By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Bike & Scooter 3) By Service Providers: Automotive Dealership, Franchise General Repair, Specialty Shop, Locally Owned Repair Shops/Body Shop, Other Service Providers Subsegments Covered: General Automotive Repair, Automotive Exhaust System Repair, Automotive Transmission Repair, Other Automotive Mechanical and Electrical Repair and Maintenance, Automotive Body, Paint, and Interior Repair and Maintenance, Automotive Glass Replacement, Automotive Oil Change and Lubrication, Car Washes, All Other Automotive Repair and Maintenance The global automotive repair and maintenance market size will grow from $837.14 billion in 2022 to $912.88 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of automotive repair and maintenance market is expected to grow to $1247.01 billion in 2027 at a CAGR of 8.1%. Automotive repair and maintenance service providers are increasingly installing diagnostic devices in customer vehicles to improve their service offerings. On-board diagnostics tools are being used to track vehicle conditions and identify potential problems by running diagnoses. For instance, Koovers, a car maintenance services provider, fits an onboard diagnostics tool for its registered customers. Its call center picks up the error reported by the tool and connects with the customer for required repair work. This enables garages to check for required parts for the car even before the car is brought in for service thus reducing wait time. Major companies in the automotive repair and maintenance market include LKQ Corporation, LeasePlan Corporation N.V., ADNOC, Monro Muffler Brake, Asbury Automotive Group Inc., Nippon Express Co., Ltd., Lookers PLC, Halfords, ComfortDelGro Corporation and A2B Australia Ltd. Automotive repair and maintenance services companies are increasingly using artificial intelligence-based automated vehicle inspection technology for vehicle inspection. Automated vehicle inspection systems capture pictures of the vehicle entering the cabin from multiple angles and upload them to the central computing system which then compares them with standards to identify deviations. The system generates a report with an overview of all the issues flagged in the car and the required actions needed to be taken. For instance, Scope technology, a US-based Tech Company, has developed an AI-automated vehicle inspection technology in collaboration with Microsoft’s Azure cloud computation. ProovStation, a French automobile maintenance service provider, implemented these systems in their service centers in France and North America. They use the technology to conduct a 360o scan of the vehicle, identify the damages such as scratches, dents, dirt, suspension, frame, brakes, and engine condition, and generate a report of the issues identified. The system generates a unique code and accounts for the vehicle with its chassis number for future service purposes. This entire visual inspection process is completed in less than 5 minutes and reduces costs by 50%. Western Europe was the largest region in the automotive repair and maintenance market in 2022. Asia-Pacific was the second-largest region in the automotive repair and maintenance market. The regions covered in the automotive repair and maintenance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the automotive repair and maintenance market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The automotive repair and maintenance market consists of revenues earned by entities that provide services for passenger automobiles, commercial vehicles, and motorcycles and bicycles. This market includes establishments such as general automotive repair, automotive exhaust system repair, automotive transmission repair, other automotive mechanical and electrical repair and maintenance, automotive glass replacement, and car washes. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive repair and maintenance market research report is one of a series of new reports from The Business Research Company that provides automotive repair and maintenance market statistics, including automotive repair and maintenance industry global market size, regional shares, competitors with automotive repair and maintenance market share, detailed automotive repair and maintenance market segments, market trends and opportunities, and any further data you may need to thrive in the automotive repair and maintenance industry. This automotive repair and maintenance market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.