Boston, MA -- (SBWIRE) -- 03/31/2017 -- 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.

Technavio's 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.

Get More Details on this Report and a Full Table of Contents at Global Automotive Near Field Communication System Market 2017-2021

The market is divided into the following segments based on geography:

-North America
-Europe
-ROW

Technavio's 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.

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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Continental, Delphi Automotive, NXP Semiconductors, Valeo, ALPS ELECTRIC, Atmel, C2G logic, Convadis, DENSO, HELLA, Huf Hülsbeck & Fürst, INVERS, Marquardt, Miveo Car-Sharing Technologies, OMRON, OTA keys, Safran Identity & Security, Tapkey, Tapkey, Zemt

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