Global Automotive Near Field Communication System Market to Grow at a CAGR of 70.5%, 2017-2021 With Continental, Delphi Automotive, NXP Semiconductors & Valeo Dominating - Research and Markets

Dublin, Mar 30, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Automotive Near Field Communication System Market 2017-2021" report to their offering.

The global automotive NFC system market to grow at a CAGR of 70.52% during the period 2017-2021.

The report, 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.

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 sytems 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.

Key vendors

• Continental
• Delphi Automotive
• NXP Semiconductors
• Valeo
  

Other prominent vendors

• ALPS ELECTRIC
• Atmel
• C2G logic
• Convadis
• DENSO
• Others
  

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Geographical segmentation

PART 07: Market drivers

PART 08: Market challenges

PART 09: Market trends

PART 10: Vendor landscape

PART 11: Key vendor analysis

PART 12: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/t5kcgg/global_automotive

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