Research Report On: Global Automotive Near Field Communication System | Page 2

Summary:
Automotive NFC (Near Field Communication) systems are also gaining huge popularity in the automotive
industry where the pairing of phones with in-vehicle systems can be done and further enhancing the
user experience and driving the market’s growth in the forecast period.
In terms of region, the global Automotive Near Field Communication System market can be segmented
into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a
prominent share of the global market due to high vehicle production in the region.
The market in Latin America is anticipated to expand at a substantial growth rate during the forecast
period. GDP of countries in Latin America is expanding at a significant growth rate. Moreover, increase
in the number of production plants for passenger and commercial vehicles due to high demand for these
vehicles and presence of rapidly expanding economies such as Mexico and Brazil are anticipated to drive
the market in the region. The light commercial vehicles sub-segment of the market in North America is
expanding at substantial pace due to extensive usage of these vehicles to transport daily goods in the
region.
Global Automotive Near Field Communication System market size will reach xx million US$ by 2025,
from xx million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2017 has been
considered as the base year and 2019-2025 as the forecast period to estimate the market size for
Automotive Near Field Communication System.
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This industry study presents the global Automotive Near Field Communication System market size,
historical breakdown data (2014-2019) and forecast (2019-2025). The Automotive Near Field
Communication System production, revenue and market share by manufacturers, key regions and type;
The consumption of Automotive Near Field Communication System in volume terms are also provided
for major countries (or regions), and for each application and product at the global level. Market share,
growth rate, and competitive factors are also evaluated for market leaders Marquardt, Denso, etc.
The following manufacturers are covered in this report:
 Marquardt
 Denso
 Alps Electric
 Convadis
 NXP Semiconductors