Market Overview:
The global automotive OEM key market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The metal & alloy type segment is expected to account for the majority share of the global automotive OEM key market by 2030. However, the carbon fiber type segment is anticipated to register highest CAGR over the forecast period. Among applications, passenger vehicles are expected to dominate the global automotive OEM key market throughout the forecast period. However, commercial vehicles are projected to register highest CAGR during 2018-2030. North America dominates the global automotive OEM key market followed by Europe and Asia Pacific region respectively in terms of revenue contribution.
Product Definition:
An automotive OEM key is a type of car key that is used to start and drive a car. It is typically distinguished from other types of car keys by its size and shape. An automotive OEM key may be either a physical key or, in newer cars, an electronic key that communicates with the car's computer system.
Metal & Alloy:
Metal and alloy are the raw materials used in the manufacturing of automotive components. The growth factor for metal & alloys is primarily due to high demand from end-use industries such as transportation, construction equipment, and industrial machinery. The key market drivers include growing population coupled with increasing per capita income globally which has led to an increase in consumer vehicle demand over the past few years.
Carbon Fiber:
Carbon fiber is a material that exhibits special properties such as high strength and stiffness when compared to other fibers. It is also used in various industries including aerospace, automotive, and electronics owing to its lightweight property. The demand for carbon fiber has been increasing over the past few years on account of its superior characteristics which include low weight, high tensile strength & modulus elasticity among others.
Application Insights:
Passenger vehicles accounted for a major share in the global automotive OEM key market and this trend is expected to continue over the forecast period. The growing demand for passenger cars as a mode of transportation is anticipated to have a positive impact on industry growth. According to data published by LMC Automotive, an estimated 1,000 new car models are introduced globally every year and out of these only 50 are passenger cars. Thus, high product variety coupled with rising consumer preference for passenger vehicles is expected to drive the segment over the forecast period.
Commercial Vehicles also held significant market share in terms of revenue generation in 2017 owing to increasing demand from end-use industries such as mining & construction and agriculture & forestry applications among others which require heavy trucks with high durability at economical prices which can be afforded by small scale manufacturers without compromising on quality or performance standards required by customers worldwide. These factors are likely drive commercial vehicle production volume thereby impacting industry growth positively over the coming years.
Regional Analysis:
Asia Pacific accounted for the largest revenue share in 2017 and is anticipated to continue its dominance over the forecast period. The region is expected to witness significant growth owing to increasing automobile production in countries, such as India, China, and Japan. Moreover, rising disposable income levels coupled with a growing population are likely to contribute toward increased demand for passenger cars over the coming years.
The European market was valued at USD X billion in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 due high consumption of metal alloys used across various automotive components manufacturing processes along with carbon fiber reinforced plastics (CFRP) used primarily for vehicle body manufacturing activities. North America accounted for 24% of global market share by volume in 2017 on account of high consumption levels pertaining mainly towards commercial vehicles production activities within U.S.
Growth Factors:
- Increasing demand for electric and hybrid vehicles
- Rising disposable income of consumers in developing countries
- Proliferation of ride-sharing services
- Development of autonomous driving technology
- Growing popularity of luxury cars
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive OEM Key Market Research Report
By Type
Metal & Alloy, Carbon Fiber
By Application
Passenger Vehicles, Commercial Vehicles
By Companies
Altuna Group, dormakaba Holding, Chiavit (Tornado Group), Credit Card Keys, Continental AG, Garin System, Heights Security, Hangzhou Zhengdian Technology, LOCKMASTERS INCORPORATED, One-Tool, Mitsubishi Electric, QINGDAO EVERISE INT'L, Runking Technology, Qinuo Electronics, Sakthi Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Automotive OEM Key Market Report Segments:
The global Automotive OEM Key market is segmented on the basis of:
Types
Metal & Alloy, Carbon Fiber
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicles, Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Altuna Group
- dormakaba Holding
- Chiavit (Tornado Group)
- Credit Card Keys
- Continental AG
- Garin System
- Heights Security
- Hangzhou Zhengdian Technology
- LOCKMASTERS INCORPORATED
- One-Tool
- Mitsubishi Electric
- QINGDAO EVERISE INT'L
- Runking Technology
- Qinuo Electronics
- Sakthi Industries
Highlights of The Automotive OEM Key Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Metal & Alloy
- Carbon Fiber
- By Application:
- Passenger Vehicles
- Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive OEM Key Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automotive OEM key is a special type of key that is made specifically for use in automobiles. These keys are often created by the original manufacturer of the car, and are intended to be used only with that specific model of car. Automotive OEM keys are typically much more secure than regular keys, as they require a special tool to remove them from the ignition coil.
Some of the major companies in the automotive oem key market are Altuna Group, dormakaba Holding, Chiavit (Tornado Group), Credit Card Keys, Continental AG, Garin System, Heights Security, Hangzhou Zhengdian Technology, LOCKMASTERS INCORPORATED, One-Tool, Mitsubishi Electric, QINGDAO EVERISE INT'L, Runking Technology, Qinuo Electronics, Sakthi Industries.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive OEM Key Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive OEM Key Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive OEM Key Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive OEM Key Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive OEM Key Market Size & Forecast, 2018-2028
4.5.1 Automotive OEM Key Market Size and Y-o-Y Growth
4.5.2 Automotive OEM Key Market Absolute $ Opportunity
Chapter 5 Global Automotive OEM Key Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive OEM Key Market Size Forecast by Type
5.2.1 Metal & Alloy
5.2.2 Carbon Fiber
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive OEM Key Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive OEM Key Market Size Forecast by Applications
6.2.1 Passenger Vehicles
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive OEM Key Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive OEM Key Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive OEM Key Analysis and Forecast
9.1 Introduction
9.2 North America Automotive OEM Key Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive OEM Key Market Size Forecast by Type
9.6.1 Metal & Alloy
9.6.2 Carbon Fiber
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive OEM Key Market Size Forecast by Applications
9.10.1 Passenger Vehicles
9.10.2 Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive OEM Key Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive OEM Key Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive OEM Key Market Size Forecast by Type
10.6.1 Metal & Alloy
10.6.2 Carbon Fiber
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive OEM Key Market Size Forecast by Applications
10.10.1 Passenger Vehicles
10.10.2 Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive OEM Key Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive OEM Key Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive OEM Key Market Size Forecast by Type
11.6.1 Metal & Alloy
11.6.2 Carbon Fiber
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive OEM Key Market Size Forecast by Applications
11.10.1 Passenger Vehicles
11.10.2 Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive OEM Key Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive OEM Key Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive OEM Key Market Size Forecast by Type
12.6.1 Metal & Alloy
12.6.2 Carbon Fiber
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive OEM Key Market Size Forecast by Applications
12.10.1 Passenger Vehicles
12.10.2 Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive OEM Key Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive OEM Key Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive OEM Key Market Size Forecast by Type
13.6.1 Metal & Alloy
13.6.2 Carbon Fiber
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive OEM Key Market Size Forecast by Applications
13.10.1 Passenger Vehicles
13.10.2 Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive OEM Key Market: Competitive Dashboard
14.2 Global Automotive OEM Key Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Altuna Group
14.3.2 dormakaba Holding
14.3.3 Chiavit (Tornado Group)
14.3.4 Credit Card Keys
14.3.5 Continental AG
14.3.6 Garin System
14.3.7 Heights Security
14.3.8 Hangzhou Zhengdian Technology
14.3.9 LOCKMASTERS INCORPORATED
14.3.10 One-Tool
14.3.11 Mitsubishi Electric
14.3.12 QINGDAO EVERISE INT'L
14.3.13 Runking Technology
14.3.14 Qinuo Electronics
14.3.15 Sakthi Industries
