Global Ultra-Wideband (UWB) Technology-Based Vehicle Access Control Markets, 2022-2023 & 2031: Increasing Adoption of Real-Time Location System (RTLS) and Internet of Things (IoT) in Automotives

Wed, 26 Apr 2023 08:53:00 +0000
Press Releases

Dublin, April 26, 2023 (GLOBE NEWSWIRE) -- The "Ultra-Wideband (UWB) Technology-Based Vehicle Access Control Market - A Global and Regional Analysis: Focus on Application Type, Product Type, and Country-Level Analysis - Analysis and Forecast, 2022-2031" report has been added to * ResearchAndMarkets.com's* offering.

The global ultra-wideband technology-based vehicle access control market was valued at $92.6 million in 2022, which is expected to grow at a CAGR of 17.09% and reach $383.1 million by 2031.

The recent surge in the adoption of ultra-wideband technology across developed economies and their growing global awareness is shifting automakers' focus to equip their upcoming models with ultra-wideband technology-based vehicle access.

For example, well-known automakers, including BMW, General Motors, Mercedes, and others, have already begun to offer ultra-wideband technology-based vehicle access in recent years. This shift in original equipment manufacturers' (OEMs) focus toward developing ultra-wideband technology-based vehicle access control is expected to drive market growth in the coming years.

*Market Lifecycle Stage*

Ultra-wideband (UWB) technology can be used for vehicle access control, particularly for vehicle keyless entry systems. UWB technology operates by transmitting short pulses of radio waves over various frequencies.

By measuring the time it takes for these pulses to travel between devices, UWB technology can determine the distance between them with very high accuracy. When the user approaches the vehicle with the UWB-enabled key fob, the UWB system can detect the distance between the fob and the vehicle and automatically unlock the doors.

*Impact of Global Ultra-Wideband Technology-Based Vehicle Access Control Market*

The global ultra-wideband technology-based vehicle access control market is expected to significantly impact the automotive industry and the broader economy. Ultra-wideband technology-based vehicle access control systems can be a key differentiator for automotive manufacturers looking to provide a more secure and convenient user experience.

As such, we expect to see increased investment in UWB technology from automotive manufacturers and greater integration of UWB systems into vehicles. Ultra-wideband technology can provide a higher level of security than traditional keyless entry systems, as UWB signals are difficult to intercept or jam. As such, adopting UWB-based vehicle access control systems may help reduce the incidence of vehicle theft.

*Market Segmentation*

Passenger vehicles are currently credited with the highest share of the demand for ultra-wideband technology. Some key factors that have enabled the technical acceptance of these vehicles are high demand, higher registration of passenger cars, and less operating difficulty as compared to commercial vehicles.

The need for passenger vehicles is growing due to the demand for heavy and luxury vehicles and an increase in the number of cars driven by diesel engines. Additionally, increased population, urbanization, and disposable income have significantly increased passenger vehicle production.

The biometric segment accounts for the largest market. The combination of biometric and UWB technologies for vehicle access can provide a highly secure and convenient solution for keyless entry systems in vehicles. Biometric technology can verify the user's identity, while UWB technology can ensure that the user is physically present in the correct location.

If the user's identity is verified and their location is confirmed, the vehicle's access control system could automatically unlock the doors, allowing the user to enter the vehicle. Overall, combining biometric and UWB technologies for vehicle access control can provide a seamless and secure user experience while offering enhanced protection against vehicle theft and unauthorized access.

The hardware segment accounts for the largest market. Ultra-wideband (UWB) technology-based vehicle access systems use short-range radio waves to communicate between the vehicle and the access device. These systems require specific hardware components to operate.

The UWB chip is the heart of the UWB system and is responsible for transmitting and receiving data; the control module manages the UWB system's functions and is usually located inside the vehicle. The access device is used to communicate with the UWB system and is generally located outside the vehicle.

The 6 GHz to 10.6 GHz segment accounts for the largest market. The frequency range of 6 GHz to 10.6 GHz is one of the frequency bands allocated for ultra-wideband (UWB) communications. Using a wide range of frequencies allows UWB to provide high data rates and low power consumption, making it ideal for wireless personal area networks, radar, and location-tracking applications.

UWB in the 6 GHz to 10.6 GHz frequency range is used in various applications, including high-speed data transfer, radar imaging, and precision location tracking. UWB-based systems in this frequency range can provide accurate location information with sub-centimeter precision, making them suitable for asset tracking, industrial automation, automotive, and robotics applications.

The TWR segment accounts for the largest market. Two-way ranging is used in ultra-wideband (UWB) technology-based vehicle access systems to determine the distance between the vehicle and the access device. This technique uses time-of-flight measurements to calculate the distance based on the time it takes for a signal to travel from the vehicle to the access device and back again.

Two-way ranging in UWB technology-based vehicle access systems has several advantages. It provides accurate distance measurement with sub-centimeter precision, which is critical for ensuring secure and reliable vehicle access.

North America currently holds the largest share of the global ultra-wideband technology-based vehicle access control market. The North America region comprises the U.S., Canada, and Mexico.

The presence of technology providers, minimal miscalculations, product customization, and reduced production timescale are the primary driving factors of the North America ultra-wideband technology-based vehicle access control market. The U.S. government's policies for research and development activities regarding ultra-wideband technology also hasten the region's adoption of ultra-wideband technology.

*Recent Developments in the Global Ultra-Wideband Technology-Based Vehicle Access Control Market*

· In June 2022, CEVA, Inc. announced that the RW-UWB-CCC MAC software package had been added to its RivieraWaves ultra-wideband (UWB) IP to support the Car Connectivity Consortium (CCC) Digital Key 3.0 specification.
· In June 2021, NXP Semiconductors announced the availability of beta ultra-wideband (UWB) development tools from its NXP Trimension portfolio that interoperate with the U1 chip in supported Apple products.
· In January 2022, Qorvo, Inc. introduced the first wideband Wi-Fi front-end module (FEM) for customer premises equipment, covering the 5.1 GHz to 7.1 GHz bands (CPE). Qorvo's new wideband QPF4730 can support full-frequency Wi-Fi 6 and Wi-Fi 6E enterprise solutions.

*Industry Outlook*

Trends: Current and Future

· Deployment of UWB Technology in Automotive Applications
· Emergence of Various Technologies, Such as 5G and AI
· Rising Investments in Automobile Industry

Business Opportunities

· Growing Demand for Connected and Autonomous Vehicles
· Future Potential of 5G and Artificial Intelligence

Business Drivers

· Increasing Adoption of Real-Time Location System (RTLS) Applications in Vehicle
· Growing Adoption of the Internet of Things (IoT) in Automotive Applications

Business Challenges

· Risk of Cyber Attacks
· Spectrum Expansion for New Applications

Business Strategies

· Market Development
· Product Development

Corporate Strategies

· Mergers and Acquisitions
· Partnerships, Collaborations, and Joint Ventures

Case Study

· Case Study 1: UWB Technology-Based Digital Keys for Secured Vehicles Access
· Case Study 2: BMW Digital Key Plus
· Case Study 3: Continental Key as a Service (CKaaS)

*Overview*

· Comparison of UWB and Other Positioning Technologies
· Regulatory Landscape
· Supply Chain Network
· Technology Roadmap
· Key Patent Mapping
· Other Emerging Ultra-Wideband Applications

*Key Companies Profiled*

· Alereon Inc.
· Apple Inc.
· Microchip Technology Inc.
· NXP Semiconductors
· Pulse~LINK, Inc.
· Qorvo, Inc.
· STMicroelectronics N.V.
· Xiaomi
· BMW Group
· CEVA, Inc.
· Continental AG
· Hyundai Motor Group
· Robert Bosch GmbH
· Samsung Electronics Co., Ltd.
· Sirin Software
· Valeo

For more information about this report visit https://www.researchandmarkets.com/r/7gpki2

*About ResearchAndMarkets.com*
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

*Attachment*

· UWB Technology-Based Vehicle Access Control Market

CONTACT: CONTACT: ResearchAndMarkets.com
Laura Wood,Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900