According to Towards Automotive consultants, the global automotive key blank market is projected to reach approximately USD 9.67 billion by 2034, increasing from USD 6.00 billion in 2024, at a CAGR of 4.70% during the forecast period 2025 to 2034.
Ottawa, Aug. 11, 2025 (GLOBE NEWSWIRE) — The global automotive key blank market size stood at USD 6.29 billion in 2025 and is projected to reach USD 9.67 billion by 2034, according to a study published by Towards Automotive, a sister firm of Precedence Research.
The automotive key blank market is expected to experience significant growth during the projected period, driven by technological advancements, including high demand for automated keys, increasing ownership of automated vehicles, OEM partnerships, biometric technology, and personalized designs.
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Key Highlights of the Automotive Key Blank Market
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By region, North America dominated the automotive key blank market, whereas Asia Pacific is expected to grow in the forecast period due to high contributions by countries such as India, China, and Korea.
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By product type, the transponder technology automotive key blank dominated the automotive key blank market.
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By material type, the brass automotive key blank is dominating the automotive key blank market currently due to its sturdiness and ideal quality assurance.
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By vehicle type, the passenger car segment dominated the automotive key blank market due to the high adoption of this type of vehicle globally.
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By sales channel, the aftermarket segment dominated the automotive key blank market on a larger scale.
Market Overview
With the racing time, the demand for technologically advanced methods in different domains is also increasing. The same rule applies to the automotive key blank market. With rising vehicle ownership globally due to urbanization and improving standard of living. The rising demand for their security has also increased. Consumers are preferring the use of technology in the security field for their vehicles. It helps them to enhance the security and use hassle-free methods to ensure a vehicle’s safety.
Advancements in key technology are highly demanded with the changing automotive forms over the years. It helps to maintain the sophistication of the vehicle while enhancing its security. Automotive key blank with advanced technology helps to elevate the automotive market by luring customers with the help of factors such as technologically advanced features, sophisticated looks, and enhanced security of a vehicle.
