Report forecast the global automotive NFC system market to
grow at a CAGR of 70.52% during the period 2017-2021.
NFC technology has been foraying into the automotive
industry and registering acceptance to a certain extent for over a couple of
years now. As the technology gains maturity with increasing acceptance in some
of the vertical markets, such as mobile devices, point of sale (POS)
terminals/retail, and gaming, the automotive industry will embrace the
technology for several applications in vehicles.
The report covers the present scenario and the growth
prospects of the global automotive NFC system market for 2017-2021. To
calculate the market size, the report considers the revenue generated from the
sales of automotive NFC systems.
The market is divided into the following segments based
on geography:
- North America
- Europe
- ROW
According to the report, traditionally, conventional
mechanical keys were used to lock or unlock vehicle doors. The major causes of
vehicle theft stemmed from the fact that mechanical keys were stolen or left
inside the vehicle by mistake. The advent of electronic keyless entry systems
changed this scenario drastically because vehicle access is now linked to
electromagnetic frequency and communication wavelengths. The adoption of
keyless entry systems helped to drastically reduce the number of vehicle
thefts. NFC plays a pivotal role in the development of keyless entry systems.
The feature also offers significant convenience when multiple users use the
same car during different times, especially for non-personal or commercial use.
Managing commercial fleets when drivers operate in shifts needs the use of
multiple keys, which may potentially be lost due to mishandling. However,
access control through NFC-enabled mobile phones and NFC-enabled door
unlock/lock systems can offer significant convenience to drivers and fleet
managers. As per the need, fleet managers can transfer the vehicle key through
mobile phones and the accessibility of the keys from fleet managers to drivers
becomes faster, safer, and convenient.
Further, the report states that although OEMs and suppliers
have developed technologies to prevent this kind of hacking, a completely
foolproof system has yet not been developed. One such development is the
rolling code system, which generates different codes every time the fob key is
used to secure the vehicle. This means that a unique code for every single use
makes it difficult to hack and replicate the entry system. However, experts
have observed that black market devices (such as RollJam) can defeat this
system by blocking the first signal and recording the second signal, i.e., a
driver trying to unlock the car sends the first signal (which is blocked by
RollJam), forcing the driver to retry by sending a second signal. Now RollJam
releases the first signal to unlock while recording the second signal. This
technique helps the miscreant to unlock and gain unauthorized access to the
vehicle.
Global Automotive NFC System Market 2017-2021, has
been prepared based on an in-depth market analysis with inputs from industry
experts. The report covers the market landscape and its growth prospects over
the coming years. The report also includes a discussion of the key vendors
operating in this market.
key players in the global automotive NFC system market:
Continental, Delphi Automotive, NXP Semiconductors, and Valeo
Other Prominent Vendors in the market are: ALPS ELECTRIC,
Atmel, C2G logic, Convadis, DENSO, HELLA, Huf Hülsbeck & Fürst, INVERS,
Marquardt, Miveo Car-Sharing Technologies, OMRON, OTA keys, Safran Identity
& Security, Tapkey, Tapkey, and Zemt
Market driver
- Growing acceptance of NFC-enabled mobile phones for different applications across industry verticals
- For a full, detailed list, view our report
Market challenge
- Addition of NFC systems increasing the existing cost pressures on OEMs
- For a full, detailed list, view our report
Market trend
- Increasing adoption of automatic vehicle identification systems in transit junctions
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 70 pages and 24 Exhibits “Global
Automotive Near Field Communication System Market 2017 - 2021” report covers Executive
summary, Scope of the report, Market research methodology, Introduction, Market
landscape, Geographical segmentation, Market drivers, Market challenges, Market
trends, Vendor landscape, Key vendor analysis, Appendix.
For
more information Visit at: http://mrr.cm/UqW
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