Home > Automotive > Automotive Technology > Automotive Sensors > Automotive NFC Market

Automotive NFC Market Share

  • Report ID: GMI398
  • Published Date: May 2019
  • Report Format: PDF
 Download Free Sample

Automotive NFC Market Share

The automotive NFC market is dominated by large players such as

  • NXP Semiconductors
  • Sony
  • Samsung
  • STMicroelectronics
  • Continental

The OEMs are forming partnerships with automakers to solidify their position in the market. For instance, in February 2017, NXP Semiconductors, an automotive chipmaker announced that it formed tie-ups with five automakers to incorporate NFC communication technology for its door handles, allowing drivers to access their cars through their smartphones. The companies in the market are working with select smartphone device manufacturers, such as Samsung and Apple, to develop a digital key system compatible with their smartphones.

Authors: Suraj Gujar, Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of automotive NFC crossed USD 700 million in 2018.

The industry share of automotive NFC is anticipated to grow at a CAGR of more than 30% from 2019 to 2025.

The Asia Pacific market will attain a CAGR of over 35% during the forecast period due to increasing sales of luxury vehicles across the region.

The 212 Kbit/S NFC tags are increasingly being used in multiple high-end and mid-range vehicles as it offers optimal data transmission speeds to automobile electronic devices.

Europe industry is driven by the rich presence of international automobile companies like Audi, Mercedes, and BMW, as well as by large-scale investments made in the automotive NFC sphere.

NFC technology has found its way into low-end as well as luxury car segments owing to its ability to simplify the pairing mechanism, the number of processing cycles and lowering the overall response time.

Automotive NFC Market Scope

  • Automotive NFC Market Size
  • Automotive NFC Market Analysis
  • Automotive NFC Market Share

    • Buy Now

    Premium Report Details

    • Base Year: 2018
    • Companies covered: 23
    • Tables & Figures: 235
    • Countries covered: 17
    • Pages: 200
     Download Free Sample
    ×
    Get a free sample of Automotive NFC Market
    Inquiry Before Buying
    Get special pricing options on this report
    Request Sectional Data
    Over 70% of our clients customize reports to fit their needs. Please tell us how you would like to customize yours below

    Your personal details will remain secure and confidential.