Automotive Smart Key Global Market Report 2022 – By Type (Passive Key Less Access, Remote Key Less Access), By Installation (OEM, After Market), By Application Single Function, Multi-Function) – Market Size, Trends, And Global Forecast 2022-2026

Starting Price : $4000.00 | Pages : 175 | Published : May 2022 | SKU CODE : | Delivery Time: 2-3 business days | Format :


The automotive smart key market consists of sales of automotive smart keys by entities (organizations, sole traders, and partnerships) that 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 size is expected to grow from $12.15 billion in 2021 to $12.81 billion in 2022 at a compound annual growth rate (CAGR) of 5.42%. The growth in the market is mainly due to the companies' resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global automotive smart keys market size is expected to reach $15.86 billion in 2026 at a CAGR of 5.49%.

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.

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.

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.

North America was the largest region in the automotive smart key market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global automotive smart key market during the forecast period. The regions covered in the global 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, UK, USA.

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

    Table Of Contents

    1. Executive Summary

    2. Automotive Smart Key Market Characteristics

    3. Automotive Smart Key Market Trends And Strategies

    4. Impact Of COVID-19 On Automotive Smart Key

    5. Automotive Smart Key Market Size And Growth

    5.1. Global Automotive Smart Key Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Automotive Smart Key Forecast Market, 2021-2026F, 2031F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Automotive Smart Key Market Segmentation

    6.1. Global Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Passive Key Less Access

    Remote Key Less Access

    6.2. Global Automotive Smart Key Market, Segmentation By Installation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    OEM

    After Market

    6.3. Global Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Single Function

    Multi-Function

    7. Automotive Smart Key Market Regional And Country Analysis

    7.1. Global Automotive Smart Key Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Automotive Smart Key Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8. Asia-Pacific Automotive Smart Key Market

    8.1. Asia-Pacific Automotive Smart Key Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8.3. Asia-Pacific Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    9. China Automotive Smart Key Market

    9.1. China Automotive Smart Key Market Overview

    9.2. China Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    9.3. China Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Automotive Smart Key Market

    10.1. India Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    10.2. India Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Automotive Smart Key Market

    11.1. Japan Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11.2. Japan Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Automotive Smart Key Market

    12.1. Australia Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12.2. Australia Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Automotive Smart Key Market

    13.1. Indonesia Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13.2. Indonesia Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Automotive Smart Key Market

    14.1. South Korea Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14.2. South Korea Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15. Western Europe Automotive Smart Key Market

    15.1. Western Europe Automotive Smart Key Market Overview

    15.2. Western Europe Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15.3. Western Europe Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Automotive Smart Key Market

    16.1. UK Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16.2. UK Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Automotive Smart Key Market

    17.1. Germany Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17.2. Germany Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Automotive Smart Key Market

    18.4. France Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18.5. France Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19. Eastern Europe Automotive Smart Key Market

    19.1. Eastern Europe Automotive Smart Key Market Overview

    19.2. Eastern Europe Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19.3. Eastern Europe Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Automotive Smart Key Market

    20.1. Russia Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20.2. Russia Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21. North America Automotive Smart Key Market

    21.1. North America Automotive Smart Key Market Overview

    21.2. North America Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21.3. North America Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22. USA Automotive Smart Key Market

    22.1. USA Automotive Smart Key Market Overview

    22.2. USA Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22.3. USA Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23. South America Automotive Smart Key Market

    23.1. South America Automotive Smart Key Market Overview

    23.2. South America Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23.3. South America Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Automotive Smart Key Market

    24.1. Brazil Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24.2. Brazil Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25. Middle East Automotive Smart Key Market

    25.1. Middle East Automotive Smart Key Market Overview

    25.2. Middle East Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25.3. Middle East Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26. Africa Automotive Smart Key Market

    26.1. Africa Automotive Smart Key Market Overview

    26.2. Africa Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26.3. Africa Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    27. Automotive Smart Key Market Competitive Landscape And Company Profiles

    27.1. Automotive Smart Key Market Competitive Landscape

    27.2. Automotive Smart Key Market Company Profiles

    27.2.1. TOKAI RIKA CO.

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Continental AG

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Denso Corp

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. ZF Friedrichshafen AG

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Alfa Corp.

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    28. Key Mergers And Acquisitions In The Automotive Smart Key Market

    29. Automotive Smart Key Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Automotive Smart Key Market, Segmentation By Installation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Automotive Smart Key Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Automotive Smart Key Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Asia-Pacific, Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: Asia-Pacific, Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: China, Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: China, Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: India, Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: India, Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: Japan, Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Japan, Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: Australia, Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Australia, Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: Indonesia, Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Indonesia, Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: South Korea, Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: South Korea, Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: Western Europe, Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: Western Europe, Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: UK, Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: UK, Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: Germany, Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: Germany, Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 28: France, Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 29: France, Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 30: Eastern Europe, Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 31: Eastern Europe, Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 32: Russia, Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 33: Russia, Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 34: North America, Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 35: North America, Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 36: USA, Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 37: USA, Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 38: South America, Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 39: South America, Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 40: Brazil, Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 41: Brazil, Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 42: Middle East, Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 43: Middle East, Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 44: Africa, Automotive Smart Key Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 45: Africa, Automotive Smart Key Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 46: TOKAI RIKA CO. Financial Performance
  • Table 47: Continental AG Financial Performance
  • Table 48: Denso Corp Financial Performance
  • Table 49: ZF Friedrichshafen AG Financial Performance
  • Table 50: Alfa Corp. Financial Performance

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