Automotive Near Field Communication System 2017 Global Market Expected To Grow At CAGR 70.52% And Forecast To 2021

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PUNE, INDIA, March 30, 2017 /EINPresswire.com/ -- Global Automotive Near Field Communication System Market

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

Covered in this report
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.

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The market is divided into the following segments based on geography:
• North America
• Europe
• ROW

The 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 vendors
• Continental
• Delphi Automotive
• NXP Semiconductors
• Valeo

Other prominent vendors
• ALPS ELECTRIC
• Atmel
• C2G logic
• Convadis
• DENSO
• HELLA
• Huf Hülsbeck & Fürst
• INVERS
• Marquardt
• Miveo Car-Sharing Technologies
• OMRON
• OTA keys
• Safran Identity & Security
• Tapkey
• Vulog
• Zemtu

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?

OthersComplete Report Details @ https://www.wiseguyreports.com/reports/1120016-global-automotive-near-field-communication-system-market-2017-2021

Table of Contents -Major Key Points

PART 01: Executive summary


PART 02: Scope of the report


PART 03: Research Methodology


PART 04: Introduction
• Key market highlights
• Value chain analysis
• Regulatory framework


PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis

PART 06: Geographical segmentation
• Automotive near field communication system market in North America
• Automotive near field communication system market in Europe
• Automotive near-field communication system market in ROW

PART 07: Market drivers
• Keyless entry systems help prevent vehicle theft and offer convenience
• Growing acceptance of NFC-enabled mobile phones for different applications across industry verticals
• Increasing demand for advanced and enhanced vehicle security mechanisms owing to the need for addressing vehicle theft
• Push from insurance companies
• Increasing demand from consumers for more automotive applications with a focus on comfort and security
• Penetration of consumer electronics, connected car solutions, and wireless connectivity in automobiles likely to provide economies of scale
• Rising demand for smartphone integration pushing the demand for connected car technologies

PART 08: Market challenges
• Potential hacking threat to mobile phone networks may prove detrimental to the security provided by NFC-enabled access control systems
• Smartphone-induced driver distraction
• Addition of NFC systems increasing the existing cost pressures on OEMs
• Sensitivity issues of the system can impede with the functional goals of a security system
• Competition from other wireless technologies

PART 09: Market trends
• Emergence and rapid growth in mobility business, services, and solutions
• Difference in pace of technological developments between smartphone industry and automotive industry
• Increasing adoption of automatic vehicle identification systems in transit junctions

PART 10: Vendor landscape
• Other prominent vendors

PART 11: Key vendor analysis
• Continental
• Delphi Automotive
• NXP Semiconductors
• Valeo

………..CONTINUED

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