Locks and Security News: your weekly locks and security industry newsletter
17th April 2024 Issue no. 701

Your industry news - first

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Smart Key fitment in Europe to double in the next 5 years

The smart key market is set to generate revenues of €7.5 billion in Europe by 2018 with fitment rates reaching 50% according to SBD's latest Smart Key Forecast.

SBD's forecast takes into account a number a potential growth scenarios to give our clients a more realistic market outlook and provides users with an easy-to-use interface to analyse the smart key market in Europe, including:

- Overall trends (unit sales, fitment rate, revenue)
- Service trends (lock, unlock, smart & emergency operation)
- OEM trends (market share)
Supplier trends (market share, OEM contracts)

31st July 2013