Europe Automotive Smart Key Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Europe Automotive Smart Key Industry Overview

The Europe automotive smart keys market is moderately fragmented due to the presence of many local and global players such as Continental AG, ZF Friedrichshafen AG, ALPHA Corporation amongst others. The market is transforming at rapid pace smartphones are being used as a key and companies are incorporating smart key in the apps. Whereas other rental companies are collaborating with other technology companies for providing the best technologies to the user. For instance,

• In 2020, NXP Semiconductors has launched its new digital key solution by which smartphones, key fobs, smartwatches and fitness trackers can able to unlock and start the cars. The new system works on the near field communications (NFC) technology
• In 2019, Car Keys Express has added two new remote keys to its portfolio of aftermarket products. The new keys have integrated remotes and retractable blades.
• In 2018, Capgemini, in collaboration with Valeo developed a smart fleet management solution Mov'InBlue, which is compatible with more than 95% of vehicles on the road that allows users to unlock their vehicle and start the engine from their smartphone with a secure digital key.