Automotive Near Field Communication System Market Growth with CAGR of 70.52% during 2017-2021: Challenges, Trends & Drivers – Key Vendors are Continental,Valeo,Delphi
The Automotive Near Field Communication System Market report provides an in-depth analysis with current and future trends to clarify the forthcoming investment in the market. Global Automotive Near Field Communication System market report shares information regarding key drivers, challenges and trends with impact analysis. Quantitative analysis of the current market and estimations through 2017–2021 are provided to showcase the financial appetency of the Automotive Near Field Communication System industry.
Experts forecast Global Automotive Near Field Communication System Market is expected to grow at 70.52% CAGR during the period 2017-2021.
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.
Automotive Near Field Communication System Market Report Covered:
• Opportunity of the Automotive Near Field Communication System market
• Market research methodology
• Market landscape
• Market segmentation by type
• Geographical segmentation
• Market Challenges
• Market Trends
• Automotive Near Field Communication System Market Vendors landscape
• List of Exhibits
And continued…
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Automotive Near Field Communication System 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
Automotive Near Field Communication System 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
Automotive Near Field Communication System 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
Global Automotive Near Field Communication System Market report delivers detailed study on the major drivers and restraints for the key players & their impact.
Key Vendors of Automotive Near Field Communication System Market:
• Continental
• Delphi Automotive
• NXP Semiconductors
• Valeo
And many more…
Automotive Near Field Communication System market report provides key statistics on the market status of the Automotive Near Field Communication System manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Automotive Near Field Communication System industry.
Browse Detailed TOC, Tables, Figures, Charts and Companies Mentioned in Global Automotive Near Field Communication System Market Research Report @
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Geographical Regions of Automotive Near Field Communication System Market:
• North America
• Europe
• ROW
Automotive Near Field Communication System Market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, demand and present scenarios in Automotive Near Field Communication System industry.
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Global Automotive Near Field Communication System market report 2017-2021 explains in depth information about market development trend, analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Automotive Near Field Communication System industry before evaluating its possibility.
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