Automotive Near-Field Communication Market by type, Vehicle Type (Low end, Mid-end, High end), Application (Interior and Exterior), Region (North America, Europe and Asia Pacific) - Global Forecast to 2027
Near Field communication (NFC), a bidirectional short-range communication technology, allows an interaction distance over a short distance. NFC can be utilized by the passengers to personalize their environment like setting of the air-condition, infotainment settings (sound and display settings), lights, last destinations etc. The automotive NFC market is dominated by North America, which occupies an overall share of approximately 55% to 60%.
The large number of R&D projects in the advanced sensing technologies field is driving the growth of the region. Automotive NFC consumption is highly dependent on the production and new sales of automobile across the globe. Denso, Alps Electric, Convadis, Atmel are some of the leading companies in this market.
Growth opportunities and latent adjacency in Automotive Near-Field Communication Market