DUBLIN, June 1, 2021 /PRNewswire/ — The “China Digital Vehicle Key Industry Report, 2020” report has been added to ResearchAndMarkets.com’s offering.
Bluetooth Key Installations Soared by 244% in the First Seven Months of 2020
Our Digital Vehicle Key Industry Report, 2020 sorts out current digital key solutions and development trends.
In an era of intelligent vehicles, key is a new digital trait and has been not like what it used to be. Terminals like smartphones, smart watches and smart bracelets become carriers of vehicle keys, making people’s lives more convenient and creating more room for digital car life.
The less than 5% installation leaves space for rapid adoption
Digital key has three technology routes: Bluetooth Low Energy (BLE), Near Field Communication (NFC) and Ultra-wideband (UWB). Yet the overall installation is below 5%. Among them Bluetooth key finds broader application.
In the first seven months of 2020, Bluetooth key was mounted on roughly 220,000 passenger cars in China, a like-for-like spurt of 244%, with an installation rate of 3.3%, 1.6 percentage points higher than that in the prior-year period. Despite low installation in both volume and rate, Bluetooth key is roaring ahead.
Apart from car lock/unlock and start-up capabilities, digital key enables personalized settings (e.g., seats, music and ID account), key sharing, vehicle trajectory record, and delivery to car. In future digital key will be an individualized element for cars and arouse much imagination.
Digital key is so beloved by Chinese automakers
In China, local automakers more willingly embrace digital key. In Bluetooth key’s case, there were a total of 14 passenger car brands using such a key in China between January and July in 2020, including 10 homegrown ones with a combined 70% share in installation.
In 2014, BYD first introduced smartphone Bluetooth-based digital key which can lock and unlock cars without network. GAC NE, Xiaopeng Motors, Geely and Changan Automobile followed and rolled out Bluetooth or NFC-based key.
- In April 2019, GAC NE unveiled its Bluetooth key-enabled car models – AION.LX and AION.S. The key solution is co-developed by GAC NE and Shanghai InGeek Cyber Security…