Introduction:

Smart Key, also known as an intelligent key, is a key with information or digital features, which can provide more functionalities than just unlocking a digital or physical lock system. It is part of a computerized system that uses microchips and sensors to automatically unlock the doors and start the vehicle without the use of a key. Moreover, smart key works as an electronic access and authorization system and is available either as standard equipment or as an optional component, depending on the model of the car. The Automotive Smart Key market study includes various Installations, such as single function and multi-function, technologies, such as Transmitter Technology (Remote Keyless Entry), Capacitive Sensor Technology (Passive Keyless Entry), Infra-red Sensor Technology (only qualitative analysis) and Other Technologies, and installation is done by OEM and aftermarket.

Drivers and Restraints:

The major factor driving the automotive smart key market are advantages, such as increased vehicle security. Advancements in terms of automotive technology, as well as increasing vehicle thefts, are likely to propel the development of smart keys, thus, leading to a growth in the market in the coming years. Also, the use of radiofrequency (RF) signals and converts them to digital information, has made smart keys more prevalent in the automotive sector, which is expected to drive the growth of the target market. Changing the preferences of customers about the safety and security of vehicles is expected to boost the demand for automotive smart keys during the forecast period. Increase in demand for highly advanced and technologically improved vehicles is among the major factors for increasing the demand of the automotive key. Moreover, an increase in demand for electronically/remotely operated components incorporated in secure vehicles is a key factor driving the automotive key market.  Furthermore, the rising appetite of a luxury vehicle at a low cost which is technologically advance and also equipped with trending automotive technology is projected to give the positive potential to the target market. On the flip side, data security and safety is projected to hinder the growth of the automotive smart key market. High cost acts as a major barrier to the growth of the global market. The usage of lightweight materials for developing the components of a smart key shall provide growth opportunities for the global market in the years to come.

Segmentation:

The automotive smart key market is segmented based on application, technology, installation, and region.

Based on the application, the automotive smart key market is segmented into single-function and multi-function. Based on technology, the global market is classified into transmitter technology, capacitive sensor technology, infra-red sensor technology, and other technologies. Currently, the other technologies segment has the highest share out of all the segments. This segment includes the biological entry system, as well as smartphone-connected car technology. Majority of the other technologies are based on passive keyless entry (PKE) technology, where the PKE device operates while stored in the user's pocket or bag, unlike a standard remote keyless entry (RKE) device, which requires the user to hold the device and push a button to lock or unlock the vehicle. Based on the installation, the target market is bifurcated into OEM and aftermarket. The OEM segment is expected to hold a major share of the automotive key market during the forecast period. The aftersales segment held a notable share of the market, as the key requires replacement several times.

Based on the region the Automotive Smart Key market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia-Pacific is estimated to account for the largest share of the automotive smart key system market. This can mainly be attributed to rising vehicle production and the increasing installation of safety features in passenger cars, commercial vehicles. Europe and North American market are expected to experience a steady level of growth. 

Key Players:                                                                                                  

The key players operating the Automotive Smart Key market involves Denso Corporation, Valeo, TRW Automotive, Continental AG, HELLA KGaA Hueck & Co., Hyundai Mobis, Visteon Corporation, Silca S.p.A., Toyota Motor Corporation, and Leap Motors. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the products to gain a competitive edge in the target market. For instance, in January 2019, Auto companies, such as Leap Motor, have introduced biological entry system with the launch of their smart electric coupe S01 mode

Detailed Segmentation:

Automotive Smart Key Market, By Application:

• Single-Function
• Multi-Function

Automotive Smart Key Market, By Technology:

• Transmitter Technology
• Capacitive Sensor Technology
• Infra-Red Sensor Technology
• Other Technologies

Automotive Smart Key Market, By Installation:

• OEM
• Aftermarket

Automotive Smart Key Market, By Region:

• North America
  • Middle East & Africa
    • Middle East & Africa Automotive Smart Key Market, By Application
    • Middle East & Africa Automotive Smart Key Market, By Technology
    • Middle East & Africa Automotive Smart Key Market, By Installation
    • Middle East & Africa Automotive Smart Key Market, By Country
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
  • Latin America
    • Latin America Automotive Smart Key Market, By Application
    • Latin America Automotive Smart Key Market, By Technology
    • Latin America Automotive Smart Key Market, By Installation
    • Latin America Automotive Smart Key Market, By Country
      • Brazil
      • Mexico
      • Rest of Latin America
  • Asia Pacific
    • Asia Pacific Automotive Smart Key Market, By Application
    • Asia Pacific Automotive Smart Key Market, By Technology
    • Asia Pacific Automotive Smart Key Market, By Installation
    • Asia Pacific Automotive Smart Key Market, By Country
      • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
  • Europe
    • Europe Automotive Smart Key Market, By Application
    • Europe Automotive Smart Key Market, By Technology
    • Europe Automotive Smart Key Market, By Installation
    • Europe Automotive Smart Key Market, By Country
      • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
  • North America Automotive Smart Key Market, By Application
  • North America Automotive Smart Key Market, By Technology
  • North America Automotive Smart Key Market, By Installation
  • North America Automotive Smart Key Market, By Country
    • U.S.
    • Canada

Company Profile:

• Denso Corporation
  • Company Overview 
• • Product Portfolio
    • Business Strategies
    • Financial Performance
    • Key Highlights
• Valeo
• TRW Automotive
• Continental AG
• HELLA KGaA Hueck & Co.
• Hyundai Mobis
• Visteon Corporation
• Silca S.p.A.
• Toyota Motor Corporation
• Leap Motors

 “*” marked represents similar segmentation in other categories in the respective section

1. Research Objective and Assumption
   • Preface
   • Research Objectives
   • Study Scope
   • Years Considered for the study
   • Assumptions
   • Abbreviations
2. Research Methodology
   • Research data
   • Primary Data
     • Primary Interviews
     • Primary Breakdown
     • Key data from Primary Sources
     • Key Industry Insights
   • Secondary Data
     • Major Secondary Sources
     • Secondary Sources
   • Market Estimation
   • Top-Down Approach
     • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
   • Bottom-Up Approach
     • Approach for estimating market share by Bottom-up Analysis (Demand Side)
   • Market Breakdown and Data Triangulation
   • Research Assumptions
3. Market Preview
   • Executive Summary
   • Key Findings—Global Outlook for Automotive Smart Key Strategies
     • Key Questions this Study will Answer
     • Market Snippet, By Product and Service
     • Market Snippet, By Application
     • Market Snippet, By Technology
     • Market Snippet, By Installation
     • Market Snippet, By Region
   • Opportunity Map Analysis
   • Executive Summary—3 Big Predictions
4. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Market Opportunities
     • Market Trends
   • DR Impact Analysis
   • PEST Analysis
   • Porter’s Five Forces Analysis
   • Opportunity Orbit
   • Market Investment Feasibility Index
   • Macroeconomic Factor Analysis
5. Market Segmentation, By Application, 2020 – 2030, (US$ Mn)
   • Overview
     • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
     • Y-o-Y Growth Analysis (%), 2020 – 2030
     • Segment Trends
   • Single-Function
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Multi-Function
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
6. Market Segmentation, By Technology, 2020 – 2030, (US$ Mn)
   • Overview
     • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
     • Y-o-Y Growth Analysis (%), 2020 – 2030
     • Segment Trends
   • Transmitter Application
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Capacitive Sensor Application
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Infra-Red Sensor Application
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Other Technologies
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
7. Market Segmentation, By Installation, 2020 – 2030, (US$ Mn)
   • Overview
     • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
     • Y-o-Y Growth Analysis (%), 2020 – 2030
     • Segment Trends
   • OEM
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Aftermarket
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
8. Global Market, By Region, 2020 – 2030, (US$ Mn)
   • Overview
     • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
     • Y-o-Y Growth Analysis (%), 2020 – 2030
     • Regional Trends
   • North America
     • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
     • Market Size and Forecast (US$ Mn), By Technology, 2020 – 2030
     • Market Size and Forecast (US$ Mn), By Installation, 2020 – 2030
     • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
       • U.S.
       • Canada
   • Europe
     • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
     • Market Size and Forecast (US$ Mn), By Technology, 2020 – 2030
     • Market Size and Forecast (US$ Mn), By Installation, 2020 – 2030
     • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
       • Germany
       • UK
       • France
       • Russia
       • Italy
       • Rest of Europe
   • Asia Pacific
     • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
     • Market Size and Forecast (US$ Mn), By Technology, 2020 – 2030
     • Market Size and Forecast (US$ Mn), By Installation, 2020 – 2030
     • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
       • China
       • India
       • Japan
       • South Korea
       • Rest of Asia Pacific
   • Latin America
     • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
     • Market Size and Forecast (US$ Mn), By Technology, 2020 – 2030
     • Market Size and Forecast (US$ Mn), By Installation, 2020 – 2030
     • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
       • Brazil
       • Mexico
       • Rest of Latin America
   • Middle East & Africa
     • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
     • Market Size and Forecast (US$ Mn), By Technology, 2020 – 2030
     • Market Size and Forecast (US$ Mn), By Installation, 2020 – 2030
     • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
       • GCC
       • Israel
       • South Africa
       • Rest of Middle East
9. Competitive Landscape
   • Heat Map Analysis
   • Market Presence and Specificity Analysis
10. Company Profiles
    •  
      • Denso Corporation
        • Company Overview
        • Product and Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Valeo
      • TRW Automotive
      • Continental AG
      • HELLA KGaA Hueck & Co.
      • Hyundai Mobis
      • Visteon Corporation
      • Silca S.p.A.
      • Toyota Motor Corporation
      • Leap Motors
11. The Last Word
    • Future Impact
    • About Us
    • Contact