DUBLIN--(BUSINESS WIRE)--The "Global Automotive Smart Key Fob Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
One trend in the market is growing penetration rate of advanced functionalities in entry-segment cars. The global automotive industry is witnessing varied market dynamics in different geographic regions. Socioeconomic conditions, infrastructure, employment opportunities, and road networks define consumers' changing expectations and requirements in the global automotive market, particularly for the entry-segment passenger cars.
According to the report, one driver in the market is safety and convenience associated with advanced vehicle access solutions. The automotive smart key fob market is growing in line with increasing sales volume of automobiles owing to its high penetration rate in automobiles, particularly passenger vehicles. The prominent automakers are equipping their vehicles with advanced key systems, which is driving the smart key fob market, owing to the benefits associated with the automotive smart key fob.
Further, the report states that one challenge in the market is smart key fobs are expensive and costly to replace. The global automotive smart key fob market is driven by numerous market enablers. However, there are certain challenges to the growth of the market. The cost of the development of smart key fobs is high, which adds to the overall cost of the vehicle, owing to the use of many electronic components in smart key fobs.
Key Players
- ZF Friedrichshafen
- Continental
- Valeo
- HYUNDAI MOBIS
- HELLA
- TOKAIRIKA
Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Application
8. Customer Landscape
9. Regional Landscape
10. Decision Framework
11. Drivers and Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/r6jqrk/global_automotive?w=4
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Telematics and Vehicle Electronics