Global Automotive Near Field Communication (NFC) Market Segmentation, By Type (106 Kbit/S, 212 Kbit/S, 424 Kbit/S), Vehicle Type (Low-End, Mid-Range, High-End), Application (Interior, Exterior), Industry Vertical (Building and Construction, IT and telecom, Healthcare, Aerospace and Defense, Industrial, Others) – Industry Trends and Forecast to 2032
Automotive Near Field Communication (NFC) Market Analysis
In recent year, the market for automotive near field communication (NFC) is expected to grow rapidly during the forecast period. The automotive NFC market facilitates device pairing with the car by allowing it to be done with a single tap and in a matter of seconds. Passengers or the car's driver can then use it to customize the in-vehicle environment, including radio controls, air conditioning, and music system, among other things, according to their preferences. NFC is projected to be very useful in new concepts like car rental, carpooling, and corporate fleet management.
Automotive Near Field Communication (NFC) Market Size
Global automotive near field communication (NFC) market size was valued at USD 2.18 billion in 2024 and is projected to reach USD 18.28 billion by 2032, with a CAGR of 30.42% during the forecast period of 2025 to 2032.
Report Scope and Market Segmentation
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Attributes
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Automotive Near Field Communication (NFC) Key Market Insights
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Segmentation
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Countries Covered
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U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Switzerland, Netherlands, Russia, Turkey, Belgium, Rest of Europe, Japan, China, South Korea, India, Australia & New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, South Africa, Israel, U.A.E., Saudi Arabia, Egypt, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America
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Key Market Players
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Broadcom (US), 3M (US), Texas Instruments Incorporated (US), Telit (UK), STMicroelectronics (Switzerland), Sony Corporation (Japan), AVERY DENNISON CORPORATION (US), SAMSUNG (South Korea), Panasonic Corporation (Japan), Alpine Electronics Inc. (Japan), NXP Semiconductors (Netherlands), Polaris Industries, Inc. (US), FeliCa Networks, Inc. (Japan), CCL Industries (Canada), LINTEC Corporation (Japan), Robert Bosch GmbH (Germany), Telefonaktiebolaget LM Ericsson (Sweden)
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Market Opportunities
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Automotive Near Field Communication (NFC) Market Definition
NFC (Near Field Communication) in automobiles is a two-way communication technology that permits communication or interaction between two devices within a few centimetres of one other. It's a straightforward method of transmitting data across devices. The vehicle user can utilize NFC to customize their vehicle environment, such as changing the lighting and air conditioning.
Automotive Near Field Communication (NFC) Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Rise in the advancement of automobiles
The advancement in automobiles will propel the market’s growth rate. The low-end automotive NFC industry is predicted to increase significantly in recent years. Furthermore, due to rising per capita wealth in emerging countries, demand for high-end vehicles is rapidly expanding, particularly in China and India. Furthermore, low-cost automobile manufacturers are expanding their operations in these developed and growing regions in order to provide drivers with a more connected driving experience.
- Strict government regulations
Strict government regulation and policies will enhance the growth rate of automotive near field communication (NFC) market. The adoption of stringent regulatory requirements mandating the use of ADAS technology is likely to accelerate the adoption of NFC technology in automobiles especially in Asia Pacific region.
- Rise in the number of applications of automotive near field communication (NFC)
Air conditioning systems, infotainment systems, engine access, and ADAS communication interfaces are all part of the internal market. NFC technology is used in a variety of automobile applications, ranging from luxury vehicles to low-cost vehicles. NFC technology not only simplifies the process of establishing communication, but it also cuts down on total response time and processing cycles.
Furthermore, rising urbanization, and increasing level of disposable income will drive market value growth. Another significant factor influencing the market’s growth rate is the increase in proliferation of internet of things (IoT) in cars.
Opportunities
- Rise in vehicle penetration
Due to rising vehicle penetration and end-user preference for having a smart communication system installed in the automotive vehicle, demand for automotive NFC is likely to rise in the future years. Automotive NFC use is strongly dependent on global automotive manufacturing and new vehicle sales. Along with this, the surging technological advancement will boost new market opportunities for the market’s growth rate.
Moreover, rise in strategic collaborations and emerging new markets will act as market drivers and further boost beneficial opportunities for the market’s growth rate.
Restraints/ Challenges
- High cost of automotive near field communication (NFC)
The high cost associated with installation as well as manufacturing of automotive near field communication (NFC) will obstruct the market’s growth rate.
On the other hand, technical limitations and the dearth of awareness will hinder the automotive near field communication (NFC) market growth rate. The negative impact of COVID-19 outbreak on supply chain will act as market restraint and further challenge the market growth rate.
This automotive near field communication (NFC) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the automotive near field communication (NFC) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Automotive Near Field Communication (NFC) Market Scope
The automotive near field communication (NFC) market is segmented on the basis of type, vehicle type, application and industry vertical. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- 106 Kbit/S
- 212 Kbit/S
- 424 Kbit/S
Vehicle Type
- Low-End
- Mid-Range
- High-End
Application
- Interior
- Exterior
Industry Vertical
- Building and Construction
- IT and telecom
- Healthcare
- Aerospace and Defense
- Industrial
- Others
Automotive Near Field Communication (NFC) Market Regional Analysis
The automotive near field communication (NFC) market is analyzed and market size insights and trends are provided by country, type, vehicle type, application and industry vertical as referenced above.
The countries covered in the automotive near field communication (NFC) market report are U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Switzerland, Netherlands, Russia, Turkey, Belgium, Rest of Europe, Japan, China, South Korea, India, Australia & New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, South Africa, Israel, U.A.E., Saudi Arabia, Egypt, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America.
Europe dominates the automotive near field communication (NFC) market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the rising number of government regulations mandating the use of ADAS in this region. Additionally, the increase in proliferation of internet of things (IoT) in cars will propel the market’s growth rate in this region.
Asia-Pacific on the other hand is projected to exhibit the highest growth rate during the forecast period of 2025 to 2032 due to the growing government regulations mandating the use of ADAS in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Automotive Near Field Communication (NFC) Market Share
The automotive near field communication (NFC) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to automotive near field communication (NFC) market.
Automotive Near Field Communication (NFC) Market Leaders Operating in the Market Are:
- Broadcom (US)
- 3M (US)
- Texas Instruments Incorporated (US)
- Telit (UK)
- STMicroelectronics (Switzerland)
- Sony Corporation (Japan)
- AVERY DENNISON CORPORATION (US)
- SAMSUNG (South Korea)
- Panasonic Corporation (Japan)
- Alpine Electronics Inc. (Japan)
- NXP Semiconductors (Netherlands)
- Polaris Industries, Inc (US)
- FeliCa Networks, Inc (Japan)
- CCL Industries (Canada)
- LINTEC Corporation (Japan)
- Robert Bosch GmbH (Germany)
- Telefonaktiebolaget LM Ericsson (Sweden)
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