DUBLIN–(BUSINESS WIRE)–The “China Automotive Digital Key Research Report, 2023” report has been added to ResearchAndMarkets.com’s offering.
The ‘China Automotive Digital Key Research Report, 2023’ released by the publisher combs through and summarizes the digital key market, supply chain, chip vendors, system integrators and OEMs, and predicts future trends.
In 2030, the installation rate of digital keys in China will exceed 80%.
In 2022, 4.573 million passenger cars were installed with digital keys in China, a year-on-year upsurge of 93.8%, with the installation rate up to 23.0%, about 11.4 percentage points higher than in the previous year. The overall digital key market is burgeoning.
Thanks to the market demand and the mature BLE, NFC and UWB technologies, the Chinese digital key market is entering a 10-year boom period. It is predicted that the installation rate of digital keys for passenger cars in China will exceed 80% by 2030, and the BLE+NFC or BLE+NFC+UWB integrated solution will prevail in the market.
BLE+NFC and BLE+NFC+UWB will target the low- & mid-end, and high-end markets, respectively.
By segments in 2022, the digital key market is characterized by the following.
1. By technology:
2. By price range:
In the years to come, the market segments are expected to develop in a differentiated way on the premise of prevailing integrated solutions.
The BLE+NFC solution will dominate in the low- & mid-end markets where models are priced below RMB200,000.
The big advantage of the BLE+NFC solution lies in its high cost performance. On one hand, it does not need a physical smart key required by a PEPS system; on the other hand, costing only tens of yuan more than a BLE or an NFC solution, the solution can just deal with emergencies, for example, mobile phones run out of power, so it is more suitable for cost-effective models valued below RMB200,000.
It is predicted that the installation rate of the BLE+NFC solution will swell from 10% in 2022 to 40% in 2030 as the most popular automotive digital key solution in China.
The BLE+NFC+UWB solution will be first mounted on intelligent EV models priced at over RMB400,000.
The BLE+NFC+UWB solution outperforms in security, positioning accuracy and availability, but it costs threefold more than the NFC+BLE solution.
In 2022, the installation rate of UWB in mobile phones was about 20%, far lower than Bluetooth (100%) and NFC (50%). Only Apple, Samsung Note20 Series and Xiaomi MIX4 were equipped with UWB chips.
It is expected that the BLE+NFC+UWB solution will be first available to models priced at over RMB400,000, and then to models worth RMB200,000-300,000, especially intelligent new energy vehicles.
The competition among digital key suppliers intensifies.
In terms of the supply chain, NXP, ST and TI mainly provide communication chips, G+D Mobile Security primarily offers security chips, and INGEEK is a provider of backend software, while system integrators link upstream software and hardware suppliers and provide digital key systems to OEMs directly.
In 2022, FinDreams Technology, Pektron and YF Tech acted as major digital key system integrators in China.
FinDreams Technology mainly provided in-house support for BYD, with a far bigger market share than its counterparts.
Pektron primarily supported Tesla.
YF Tech was a supporting service provider of GAC Aion, GAC Trumpchi, Li Auto, Dongfeng FX, AITO and HYCAN.
YF Tech focuses on four fields: intelligent cockpits, intelligent driving, body electronics and intelligent electric. It has independently developed integrated digital key solutions covering cloud, mobile phones and cars. It has cooperated with more than 20 automakers on mass production and designated projects, and supported over 50 production models.
In Q3 2022, YF Tech produced its BLE+NFC+UWB solution in quantities. This solution is compatible with private protocols/ICCOA/CCC/ICCE and other industry specifications and enables such functions as active unlocking, offline sharing and NFC unlocking.
In 2023, the digital key of YF Tech is to be added to high accuracy distance measurement (HADM) modules to enable deep integration between smartphones and IVI systems, and other extended functions. It has been designated by a top OEM and an emerging auto brand.
UWB will become the biggest hotspot in the future.
Following BLE and NFC, UWB will become a hotspot in the future market, so Chinese and foreign suppliers are stepping up their layout.
Overseas:
China:
At present, the 4+1 or 0+4 UWB solution finds broad application in the industry. 4+1 stands for four exterior anchor points (on both sides of the front and rear bumpers) and one interior anchor point (center console), providing a wider coverage and the overall performance of keys.
UBITRAQ has introduced its pioneering, patented UWB-AOA single base station positioning system to UWB digital key application scenarios. This product can reduce the number of anchor points in a single vehicle with a UWB digital key from five to at least one (one UWB-AOA is deployed inside). It is currently in closed beta.
Main advantages of UBITRAQ’s UWB solution:
YF Tech provides different solutions (high, medium and low configurations) to customers. Wherein, the medium and high configuration solutions based on BLE, UWB and NFC modules enable centimeter-level positioning, obtain user trajectories, predict user behaviors, and allow for customization of gesture extension functions.
Key Topics Covered:
1. Overview of Automotive Digital Keys
1.1 Development History of Automotive Keys
1.2 Overview of Automotive Digital Keys
1.3 Application Fields of Digital Keys
1.4 Main Advantages of Digital Keys
1.5 Technology Routes of Digital Keys
1.6 Bluetooth Keys
1.7 NFC Keys
1.8 UWB Keys
1.9 Standard Specifications of Digital Keys
2. Status Quo of Automotive Digital Key Market
2.1 Overall Digital Key Market
2.2 Bluetooth Key Market Segment
2.3 NFC Key Market Segment
2.4 BLE+NFC Key Market Segment
2.5 BLE+NFC+UWB Key Market Segment
2.6 PEPS and Digital Keys Segment
3. Digital Key Industry Chain and Development Trends
3.1 Digital Key Industry Chain
3.1.1 Digital Key Chips
3.1.2 UWB Chips
3.1.3 Digital Key Software Providers
3.1.4 Digital Key System Integrators
3.1.5 Product layout of Digital Key System Suppliers (Foreign Enterprises)
3.1.6 Product Layout of Digital Key System Suppliers (Domestic Enterprises)
3.2 Digital Key Cost Composition
3.2.1 Digital Key Cost Composition: NFC Keys
3.2.2 Digital Key Cost Composition: BLE Keys
3.2.3 Digital Key Cost Composition: NFC+ BLE
3.2.4 Digital Key Cost Composition: BLE+NFC+UWB
4. Automotive Digital Key Layout of OEMs
4.1 Chinese Independent Brands
4.1.1 Digital Key Installations and Installation Rate in Passenger Cars of Chinese Independent Brands
4.1.2 Passenger Car Brands and Models with Digital Keys of Chinese Independent Brands
4.1.3 Digital Key Prices and Technologies for Passenger Cars of Chinese Independent Brands
4.1.4 BYD
4.1.5 Changan Automobile
4.1.6 Geely
4.2 Emerging Brands
4.2.1 Digital Key Installations and Installation Rate in Passenger Cars of Emerging Brands
4.2.2 Passenger Car Brands and Models with Digital Keys of Emerging Brands
4.2.3 Digital Key Prices and Technologies for Passenger Cars of Emerging Brands
4.2.4 Tesla
4.2.5 Li Auto
4.2.6 NIO
4.2.7 Xpeng
4.3 Joint Venture Brands
4.3.1 Digital Key Installations and Installation Rate in Passenger Cars of Joint Venture Brands
4.3.2 Passenger Car Brands and Models with Digital Keys of Joint Venture Brands
4.3.3 Digital Key Prices and Technologies for Passenger Cars of Joint Venture Brands
4.3.4 Hyundai
4.3.5 BMW
5. Digital Key Chip Suppliers
6. Foreign Digital Key System Suppliers
7. Domestic Digital Key System Suppliers
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/ggp2ak
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