Market Share of Japan Automotive Smart Keys Industry
The Japan Automotive Smart Keys market is dominated by few players such as Denso Corporation, Continental AG, Alpha Corporation, Tokai Rika Co, Ltd., and Valeo SA. These Companies are expanding their business by offering smart key solutions, so that they can have edge over their competitors. Various initiatives, as well as product innovations done by these companies have led them to strengthen their presence in the market.
- In March 2020, Tokai Rika Co. Ltd and Kimura Unity Co., Ltd had started joint demonstration tests of a digital key system-based service for company vehicles. The digital key is installed in mobile application, which is transmitted to the user's smartphone and used to lock or unlock the doors. This allows the use of company vehicles without the need to hand over and reduce the usage of traditional keys.
- In December 2019, Denso Corporation had announced its joint venture with NTT Communications for developing vehicle security technology for connected cars.
- In July 2018, Continental AG had launched its new smart voice assistant system which enables natural dialogue, understands multiple questions in one sentence and detects logical connections. The Distraction-free operation via smart voice control enhances road safety.
Japan Automotive Smart Keys Market Leaders
Denso Corporation
Continental AG
Valeo SA
Alpha Corporation
Tokai Rika Co. Ltd.
*Disclaimer: Major Players sorted in no particular order
