World car park growth
Data refers to years 2011/2014 - Source: OICA (International Organization of Motor Vehicle Manufacturers)/FMI
While you are reading, over one billion cars worldwide are started by means of a vehicle key. But the key duplication refers to motorbikes, trucks, boats and vans which are started, sold or rented every day by different people, thus requiring more copies of the same key.
The market of vehicle keys has become increasingly important on a global scale. So far, car dealers have played a primary role in providing drivers vehicle key duplicates. However, with the Silca Automotive Offer also locksmiths, key cutters and car services may enter this profitable business in a competitive way.
The opportunity to grow and make revenue is there, as the following info-graphics show: