영문목차

The automotive NFC market is expected to grow from US$6.420 billion in 2024 to US$12.954 billion in 2029 at a CAGR of 15.07%.

Near-field communication (NFC) in automotive refers to a set of communications protocols that provide keyless access to vehicles through smartphones or other smart connected devices. It assists in exchanging car infotainment between vehicles and their users. The bolstering growth of connected automotive sales, followed by the growing IoT device consumption in today's modern vehicles, is driving the demand for NFC technology in the automotive sector.

Furthermore, various automotive manufacturers are investing in small communications platforms that provide an additional key backup for the user. Likewise, the increase in automotive theft prevalence has also stimulated the demand for near-field communications since it assists in retrieving information relating to the vehicle's theft status. However, the limited coverage range and slow data transfer speed compared to other wireless technologies are some of the major drawbacks of NFC, which are expected to hamper the overall market expansion.

Automotive NFC Market Drivers:

• The growing prevalence of automotive theft is propelling the need for smart key access.

NFC provides an intuitive connection between a vehicle and an end-user, granting them secure contactless access. Hence, the digital key has provided a breakthrough in smart key development, adding an extra layer of encrypted code that prevents unauthorized access. The growing prevalence of automotive theft has bolstered the demand for encrypted keys to increase vehicle safety.

According to the report issued by the National Insurance Crime Bureau, in 2023, the vehicle theft-related cases in California reached 1,020,729, signifying a 1.12% growth over the cases reported in 2022. Moreover, according to Interpol's "Stolen Motor Vehicle Data", in 2023, nearly 74,917 vehicles were reported stolen in the organization's member countries. The ongoing shift towards innovations followed by the development of in-car infotainment systems will boost the NFC market expansion.

Automotive NFC Market Geographical Outlook:

• North America is anticipated to constitute a remarkable market share.

The automotive NFC market, based on geography, is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. The North American region is expected to show rapid growth. It will account for a considerable share of the market owing to the favorable investment in bolstering vehicle connectivity technology in major economies, namely the United States, which stands at the forefront of technological innovations globally.

Moreover, the well-established presence of major NCF technology providers, namely NXP Semiconductors, Infineon Technologies, Texas Instrument Incorporated, and STMicroelectronics, followed by a strategic collaboration with major EV manufacturers, namely GM, Ford, and Tesla, which are adopting a new approach to enhancing digital mobility, are acting as additional driving factors.

Additionally, the European region is estimated to grow steadily due to the growing prevalence of automotive theft, which has accelerated the demand for encrypted keys to bolster vehicle security. The APAC region is projected to show constant growth during the forecast period.

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• Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub- segments.
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• Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
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Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence

Report Coverage:

• Historical data & forecasts from 2022 to 2029
• Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
• Competitive Positioning, Strategies, and Market Share Analysis
• Revenue Growth and Forecast Assessment of segments and regions including countries
• Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

The Automotive NFC market is segmented and analyzed as follows:

By Type

• 106 Kbit/S
• 212 Kbit/s
• 424 Kbit/S

By Vehicle Type

• Sedan/Hatchback
• SUV
• LCV
• HCV

By Application

• Car Keys
• Onboard Units
• Others

By Sales Channels

• OEM
• Aftermarket

By Geography

• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• UK
• Germany
• France
• Italy
• Others
• Middle East and Africa
• Saudi Arabia
• Israel
• Others
• Asia Pacific
• Japan
• China
• India
• South Korea
• Indonesia
• Thailand
• Others

TABLE OF CONTENTS

1. INTRODUCTION

• 1.1. Market Overview
• 1.2. Market Definition
• 1.3. Scope of the Study
• 1.4. Market Segmentation
• 1.5. Currency
• 1.6. Assumptions
• 1.7. Base and Forecast Years Timeline
• 1.8. Key Benefits for the Stakeholders

2. RESEARCH METHODOLOGY

• 2.1. Research Design
• 2.2. Research Process

3. EXECUTIVE SUMMARY

• 3.1. Key Findings
• 3.2. Analyst View

4. MARKET DYNAMICS

• 4.1. Market Drivers
• 4.2. Market Restraints
• 4.3. Porter's Five Forces Analysis
  • 4.3.1. Bargaining Power of Supplier
  • 4.3.2. Bargaining Power of Buyers
  • 4.3.3. The Threat of New Entrants
  • 4.3.4. Threat of Substitutes
  • 4.3.5. Competitive Rivalry in the Industry
• 4.4. Industry Value Chain Analysis

5. AUTOMOTIVE NFC MARKET BY TYPE

• 5.1. Introduction
• 5.2. 106 Kbit/S
• 5.3. 212 Kbit/S
• 5.4. 424 Kbit/S

6. AUTOMOTIVE NFC MARKET BY VEHICLE TYPE

• 6.1. Introduction
• 6.2. Sedan/Hatchback
• 6.3. SUV
• 6.4. LCV
• 6.5. HCV

7. AUTOMOTIVE NFC MARKET BY APPLICATION

• 7.1. Introduction
• 7.2. Car Keys
• 7.3. On Board Units
• 7.4. Others

8. AUTOMOTIVE NFC MARKET BY SALES CHANNEL

• 8.1. Introduction
• 8.2. OEM
• 8.3. Aftermarket

9. AUTOMOTIVE NFC MARKET BY GEOGRAPHY

• 9.1. Introduction
• 9.2. North America
  • 9.2.1. USA
  • 9.2.2. Canada
  • 9.2.3. Mexico
• 9.3. South America
  • 9.3.1. Brazil
  • 9.3.2. Argentina
  • 9.3.3. Others
• 9.4. Europe
  • 9.4.1. UK
  • 9.4.2. Germany
  • 9.4.3. France
  • 9.4.4. Italy
  • 9.4.5. Others
• 9.5. Middle East and Africa
  • 9.5.1. Saudi Arabia
  • 9.5.2. Israel
  • 9.5.3. Others
• 9.6. Asia Pacific
  • 9.6.1. Japan
  • 9.6.2. China
  • 9.6.3. India
  • 9.6.4. South Korea
  • 9.6.5. Indonesia
  • 9.6.6. Thailand
  • 9.6.7. Others

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

• 10.1. Major Players and Strategy Analysis
• 10.2. Market Share Analysis
• 10.3. Mergers, Acquisitions, Agreements, and Collaborations
• 10.4. Competitive Dashboard

11. COMPANY PROFILES

• 11.1. NXP Semiconductors
• 11.2. STMicroelectronics
• 11.3. Sony India
• 11.4. Samsung Electronics Co.
• 11.5. Infineon Technologies AG
• 11.6. Qualcomm Technologies, Inc.
• 11.7. MediaTek Inc.
• 11.8. Renesas Electronics Corporation.
• 11.9. Texas Instruments Incorporated.
• 11.10. Premo S.L.