Automotive Digital Key Market Segmentation:
Connectivity (Remote, Near-field, Bluetooth)
Based on connectivity, the remote segment in the automotive digital key market is estimated to gain a robust revenue share of 43% by 2035 owing to high preference for remote connectivity to unlock/lock the car at a distance and the growing popularity of remote digital keys for enhanced convenience, safety, versatility, and efficiency. In addition, high demand for app-based vehicle control is expected to boost segment growth between 2025 and 2035. To cater to this demand, key players are investing in R&D activities. For instance, in June 2021, HELLA announced the launch of a digital, smartphone-based car key that offers completely hands-free vehicle access. Innovations like these are expected to support market growth going ahead.
Vehicle Type (Passenger, Commercial)
Based on vehicle type, the passenger segment is expected to register massive automotive digital key market share during the forecast period led by increasing sales of passenger vehicles, growing consumer demand for connected car features, and rising adoption of advanced technologies and ADAS in modern passenger cars. According to data released by the International Council on Clean Transportation (ICCT), around 66 million passenger cars were sold globally in 2020. This has resulted in a growing need for advanced digital technologies, including digital keys.
Our in-depth analysis of the automotive digital key market includes the following segments:
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Connectivity |
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Key Type |
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Application |
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Vehicle Type |
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