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Automotive NFC Market: Top Trends to Look for in 2020-2025

Author : Ronak Bora | Published Date : 2020-09-07 

Automotive NFC market Innovative products being introduced by major companies is favoring the growth prospects. Due to low energy requirements, NFC technology can be embedded in cars, which is transforming the automobiles from interiors to exteriors. Automakers are also installing electronic smart key systems in their cars to modernize their vehicles that will augment automotive NFC market share.

NFC technology in automotive sector offers intuitive interactions between humans and vehicles to fulfil the specific needs of drivers and enhancing driving experience. The major players in electronics and semiconductor sector are striving to come up with innovative ideas which can perform desirable tasks to satisfy certain demands of customers and increase remuneration of automotive NFC.

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The companies like NXP and STMicroelectronics have developed pioneering technologies, which are gaining high traction among automakers manufacturing high-end vehicles. The luxury car manufacturers are focusing on deploying NFC technologies to enrich the driving experience of their customers. According to a report by Global Market Insights Inc., the high-end vehicles in the automotive NFC market will record a growth rate of over 31 percent over the timeframe of 2019-2025.

Top Key Players In Automotive NFC Market are Alpine Electronics Inc., BMW AG, BroadcomInc., Continental AG, Daimler AG, Ford Motor Co., Gemalto NV, General Motors Co., Indie Semiconductor, Infineon Technologies AG, MediaTek Inc., NXP Semiconductors N.V., Panasonic Corporation, PREMO S.A., Qualcomm Technologies, Inc., Renesas Electronics Corporation, Samsung Semiconductors Inc., Smartrac N.V., Sony Corporation, STMicroelectronics, Telit Communications PLC, Texas Instruments Inc., Volkwagen AG,

The smart key function is widely being adopted among the automobile companies to enrich experience of customers. Another instance that can be cited here is that of Hyundai Motor Company which has introduced digital keys in its all-new 2020 Sonata to mark the North American debut of its most successful and longest standing model at the New York International Auto Show. The car has been introduced with a digital key application to promote advances in technology. It allows customers to control selected vehicle systems remotely.

Table Of Content:

Chapter 5 Automotive NFC Market, By Type

5.1 Key trends, by type

5.2 106 Kbit/S

5.2.1 Market estimates and forecast, 2015-2025

5.3 212 Kbit/S

5.2.1 Market estimates and forecast, 2015-2025

5.4 424 Kbit/S

5.4.1 Market estimates and forecast, 2015-2025

Chapter 6 Automotive NFC Market, By Vehicle Type

6.1 Key trends, by vehicle type

6.2 Low-end

6.2.1 Market estimates and forecast, 2015-2025

6.3 Mid-range

6.3.1 Market estimates and forecast, 2015-2025

6.4 High-end

6.4.1 Market estimates and forecast, 2015-2025

Chapter 7 Automotive NFC Market, By Application

7.1 Key trends, by application

7.2 Interior

7.2.1 Market estimates and forecast, 2015-2025

7.3 Exterior

7.3.1 Market estimates and forecast, 2015-2025

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/automotive-nfc-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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