#Keyless Car Access Control System Market Forecast
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Automotive Digital Key Market Size, Analyzing Trends and Projected Outlook for 2025-2032
Fortune Business Insights released the Global Automotive Digital Key Market Trends Study, a comprehensive analysis of the market that spans more than 150+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
The Automotive Digital Key Market is experiencing robust growth driven by the expanding globally. The Automotive Digital Key Market is poised for substantial growth as manufacturers across various industries embrace automation to enhance productivity, quality, and agility in their production processes. Automotive Digital Key Market leverage robotics, machine vision, and advanced control technologies to streamline assembly tasks, reduce labor costs, and minimize errors. With increasing demand for customized products, shorter product lifecycles, and labor shortages, there is a growing need for flexible and scalable automation solutions. As technology advances and automation becomes more accessible, the adoption of automated assembly systems is expected to accelerate, driving market growth and innovation in manufacturing. Automotive Digital Key Market Size, Share & Industry Analysis, By Type (Near Field Communication (NFC), Bluetooth, Others), By Vehicle Type (Passenger Cars, Commercial Vehicles) And Regional Forecast 2021-2028
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Dominating Region:
North America
Fastest-Growing Region:
Asia-Pacific
Major Automotive Digital Key Market Manufacturers covered in the market report include:
Major players operating in the global automotive digital key market include Hyundai Mobis, Volkswagen AG, Denso Corporation, Samsung Electronics Co. Ltd., HELLA, Robert Bosch GmbH, Tesla Inc., Infineon Technologies, BMW AG, STMicroelectronics, Continental AG, Daimler AG, Ericsson, and Valeo SA among others.
Manufacturers are developing car digital keys, which offer more advanced functions than traditional keys, such as keyless entry functions, connected cars, enhanced driver safety functions, etc. Moreover, the leading players in the automotive digital key market have been working on developing smart key fobs, key cards, and wearable smart keys with RFID technology. Several original equipment manufacturers (OEMs) are committed to increase the production of vehicles with this advanced feature in response to increase the customer demand.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
North America (United States, Mexico & Canada)
South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Automotive Digital Key Market Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.
Frequently Asked Questions (FAQs):
► What is the current market scenario?
► What was the historical demand scenario, and forecast outlook from 2025 to 2032?
► What are the key market dynamics influencing growth in the Global Automotive Digital Key Market?
► Who are the prominent players in the Global Automotive Digital Key Market?
► What is the consumer perspective in the Global Automotive Digital Key Market?
► What are the key demand-side and supply-side trends in the Global Automotive Digital Key Market?
► What are the largest and the fastest-growing geographies?
► Which segment dominated and which segment is expected to grow fastest?
► What was the COVID-19 impact on the Global Automotive Digital Key Market?
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
Political (Political policy and stability as well as trade, fiscal, and taxation policies)
Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
Technological (Changes in digital or mobile technology, automation, research, and development)
Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
Points Covered in Table of Content of Global Automotive Digital Key Market:
Chapter 01 - Automotive Digital Key Market for Automotive Executive Summary
Chapter 02 - Market Overview
Chapter 03 - Key Success Factors
Chapter 04 - Global Automotive Digital Key Market - Pricing Analysis
Chapter 05 - Global Automotive Digital Key Market Background or History
Chapter 06 - Global Automotive Digital Key Market Segmentation (e.g. Type, Application)
Chapter 07 - Key and Emerging Countries Analysis Worldwide Automotive Digital Key Market.
Chapter 08 - Global Automotive Digital Key Market Structure & worth Analysis
Chapter 09 - Global Automotive Digital Key Market Competitive Analysis & Challenges
Chapter 10 - Assumptions and Acronyms
Chapter 11 - Automotive Digital Key Market Research Methodology
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Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
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Keyless Vehicle Access Control Market Report
Keyless Vehicle Access Control Market Report
The global Keyless Vehicle Access Control Market size was valued at USD 4.45 Billion in 2023 and is projected to reach from USD 4.70 Billion in 2024 to USD 7.58 Billion by 2032, growing at a CAGR of 5.3% during the forecast period (2024–2032).
Industry Key Trends
Growing demand for convenience, safety, and security features in vehicles
Increasing adoption of advanced technologies such as biometric authentication and smartphone app-based access control
Rising focus on vehicle security and anti-theft systems
Growing demand for luxury and premium vehicles
Increasing adoption of keyless vehicle access control systems in the aftermarket
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Keyless Vehicle Access Control Market Size and Share
The global Keyless Vehicle Access Control Market is highly competitive, with the presence of several established players. The market is dominated by players such as Denso Corporation, Hella GmbH & Co. KGaA, and ZF Friedrichshafen AG.
Keyless Vehicle Access Control Market Statistics
The passenger vehicle segment accounted for the largest market share in 2023
The OEM segment accounted for the largest market share in 2023
The remote keyless entry system segment accounted for the largest market share in 2023
The Asia-Pacific region accounted for the largest market share in 2023
Detailed Table of Content:https://straitsresearch.com/report/keyless-vehicle-access-control-market/toc
Regional Trends
The global Keyless Vehicle Access Control Market is segmented into North America, Europe, Asia-Pacific, and LAMEA.
North America: The North American market is driven by the growing demand for luxury and premium vehicles, and the increasing adoption of advanced technologies such as biometric authentication and smartphone app-based access control.
Europe: The European market is driven by the growing focus on vehicle security and anti-theft systems, and the increasing adoption of keyless vehicle access control systems in the aftermarket.
Asia-Pacific: The Asia-Pacific market is driven by the growing demand for passenger vehicles, and the increasing adoption of remote keyless entry systems.
LAMEA: The LAMEA market is driven by the growing demand for commercial vehicles, and the increasing adoption of keyless vehicle access control systems in the OEM segment.
Keyless Vehicle Access Control Market Segmentations
By Type
Passive Keyless Entry Systems: These systems use a key fob to unlock and start the vehicle.
Remote Keyless Entry System: These systems use a remote control to unlock and start the vehicle.
By End-user
Original Equipment Manufacturer (OEMs): OEMs install keyless vehicle access control systems in vehicles during the manufacturing process.
Aftermarket: The aftermarket segment includes the installation of keyless vehicle access control systems in vehicles after they have been purchased.
By Application
Passenger Vehicle: Keyless vehicle access control systems are used in passenger vehicles such as cars, SUVs, and vans.
Commercial Vehicle: Keyless vehicle access control systems are used in commercial vehicles such as trucks, buses, and taxis.
Market Segmentation: https://straitsresearch.com/report/keyless-vehicle-access-control-market/segmentation
Top Players in Keyless Vehicle Access Control Market
Denso Corporation (Japan)
Hella GmbH & Co. KGaA (Germany)
ZF Friedrichshafen AG (Germany)
Calsonic Kansei Corporation (Japan)
Continental AG (Germany)
Lear Corporation (the U.S.)
Delphi Automotive LLP (Ireland)
Alps Automotive Inc. (Japan)
TRW Automotive Holdings Corporation
Mitsubishi Electric Group (Japan)
Valeo S.A (France)
Omron Automotive Electronics Co. Ltd (Nidec) (Japan)
Marquardt Switches Inc. (Germany)
Atmel Corporation (the U.S.)
Robert Bosch GmbH (Germany)
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Vehicle Access Control Market Size, 2020 Industry Share and Global Demand | 2026 Forecast by Fortune Business Insights™
Vehicle Access Control Market Size, Share & COVID-19 Impact Analysis, By Type (Biometric System, Non-Biometric System), By Technology (RFID, NFC, Bluetooth, Others), By Vehicle Type (Passenger Car, Commercial Vehicle) and Regional Forecast, 2020-2027 is set to gain momentum from the increasing adoption of standardized interface technologies by reputed manufacturers, such as Hyundai, BMW, and Honda. These technologies surge the commercial viability of passive vehicle access control systems, as well as enable greater convenience for consumers.
Fortune Business Insights™ in a new study, titled, “Vehicle Access Control Market Size, Share & COVID-19 Impact Analysis, By Type (Biometric System, Non-Biometric System), By Technology (RFID, NFC, Bluetooth, Others), By Vehicle Type (Passenger Car, Commercial Vehicle) and Regional Forecast, 2020-2027.” The study further mentions that the market size was USD 9.61 billion in 2019 and is projected to reach USD 12.45 billion by 2027, exhibiting a CAGR of 6.6% during the forecast period.
COVID-19 Pandemic: Rising Focus on Reducing Innovation Funding May Hamper Demand
The emergence of the COVID-19 pandemic has taken a toll on the automotive industry by declining global demand, disrupting supply chains, and closing of assembly plants. The elimination of various passenger cars and commercial vehicles is set to affect the ability of carmakers to invest in research and development activities. Besides, the pandemic has compelled manufacturers to focus on reducing innovation funding and managing day-to-day cash flow. Our detailed research report will help you take the right decision by gaining more insights into the current scenario of the vehicle access control industry.
Drivers & Restraints
Increasing Need to Reduce Vehicle Thefts will Favor Growth
Vehicle theft is a serious problem to tackle with nowadays. The National Insurance Crime Bureau (NICB) published an in-depth report in March 2019 that showcases a 56 percent rise in vehicle thefts over the 147,434 vehicles stolen between the period of January 2013 and December 2015. Besides, in the U.S., the number of vehicle thefts by using fobs or keys increased to 229,339 between January 2016 and December 2018. Novel techniques, such as fingerprint authorization and facial recognition, as well as keyless car entries would be able to boost vehicle security. This, in turn, can lessen the number of vehicle thefts. These factors are set to propel the vehicle access control market growth in the coming years.
However, perfectly keyless systems and biometric access would surge design complexities and component requirements. Hence, it would require high manufacturing and installation cost, which, in turn, is likely to obstruct the demand for vehicle access control systems.
Segment
NFC Segment to Grow Significantly Backed by its Ability to Prevent Relay Attacks
Based on technology, the NFC segment generated 3.97% in terms of the vehicle access control market share in 2019 and is expected to grow significantly throughout the forthcoming years. This growth is attributable to its cost-effectiveness that enables manufacturers to develop card-based vehicle access control or NFC-based smartphones for mainstream vehicles. This technology can also prevent relay attacks.
This Report Answers the Following Questions:
What are the key strategies adopted by prominent firms to surge revenue?
Which are the upcoming trends in vehicle access control technology?
How will facial recognition technology cope up with the challenge of high cost?
Which segment and region are set to dominate the market in terms of share?
Regional Analysis
High Demand for Electronic Immobilizers & Keyless Entry to Spur Growth in North America
Geographically, in 2019, North America procured USD 3.47 billion in terms of revenue. The region is characterized by the rising popularity of unique solutions, such as remote ignition disablers and stolen vehicle assist. Also, the increasing cases of vehicle thefts is surging the demand for keyless entry and electronic immobilizers in this region.
Asia Pacific, on the other hand, is anticipated to exhibit a higher CAGR in the near future stoked by the increasing awareness programs regarding the beneficial properties of vehicle access control solutions. In addition to that, the rising demand for high-end automobiles and the increasing production of vehicles would enhance growth in this region.
Competitive Landscape
Key Players Focus on R&D Activities to Develop Secure Vehicle Access Control Solutions
The market for vehicle access control is fragmented. Most of the companies are aiming to increase their research and development initiatives for creating novel and highly secure solutions. Apart from that, some of the others are focusing on strategic partnerships to gain a competitive edge in the market.
A list of all the renowned vehicle access control operating in the global market:
Continental AG (Hanover, Germany)
Robert Bosch GmbH (Gerlingen, Germany)
Denso Corporation (Aichi, Japan)
Valeo (Paris, France)
Nuance Communications, Inc. (Massachusetts, US)
Lear Corporation (Michigan, US)
Mitsubishi Electric Corporation (Tokyo, Japan)
NXP Semiconductors (Eindhoven, Netherlands)
Below are the two latest industry developments:
June 2020: Continental bagged new orders from three vehicle manufacturers based in Asia & Europe for CoSmA, its smartphone-based vehicle access system. This system will be blended into the architecture of their upcoming vehicles. The production is expected to begin in 2021.
January 2019: Bosch introduced its Perfectly Keyless digital access service that can easily recognize the owner’s smartphone just like a digital fingerprint. Only then it can open the vehicle.
Browse Detailed Summary of Research Report with TOC:
https://www.fortunebusinessinsights.com/vehicle-access-control-market-103664
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Keyless Car Access Control System Market Size & Key Trends in Terms of Volume & Value 2022
Report Overview:
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Keyless Car Access Control System in these regions, from 2012 to 2022 (forecast), covering
North America
Europe
China
Japan
Southeast Asia
India
Global Keyless Car Access Control System market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
Continental
Denso
Hella
Lear
Valeo
Calsonic Kansei
ZF
Alps
Omron
Mitsubishi Electric
Panasonic
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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Passive Keyless Entry Systems (PKES)
Remote Keyless Entry System (RKES)
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On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Passenger Vehicle
Commercial Vehicle
Table of Contents:
1 Keyless Car Access Control System Market Overview
1.1 Product Overview and Scope of Keyless Car Access Control System
1.2 Keyless Car Access Control System Segment by Type (Product Category)
1.2.1 Global Keyless Car Access Control System Production and CAGR (%) Comparison by Type (Product Category)(2012-2022)
1.2.2 Global Keyless Car Access Control System Production Market Share by Type (Product Category) in 2016
1.2.3 Passive Keyless Entry Systems (PKES)
1.2.4 Remote Keyless Entry System (RKES)
1.3 Global Keyless Car Access Control System Segment by Application
1.3.1 Keyless Car Access Control System Consumption (Sales) Comparison by Application (2012-2022)
1.3.2 Passenger Vehicle
1.3.3 Commercial Vehicle
1.4 Global Keyless Car Access Control System Market by Region (2012-2022)
1.4.1 Global Keyless Car Access Control System Market Size (Value) and CAGR (%) Comparison by Region (2012-2022)
1.4.2 North America Status and Prospect (2012-2022)
1.4.3 Europe Status and Prospect (2012-2022)
1.4.4 China Status and Prospect (2012-2022)
1.4.5 Japan Status and Prospect (2012-2022)
1.4.6 Southeast Asia Status and Prospect (2012-2022)
1.4.7 India Status and Prospect (2012-2022)
1.5 Global Market Size (Value) of Keyless Car Access Control System (2012-2022)
1.5.1 Global Keyless Car Access Control System Revenue Status and Outlook (2012-2022)
1.5.2 Global Keyless Car Access Control System Capacity, Production Status and Outlook (2012-2022)
2 Global Keyless Car Access Control System Market Competition by Manufacturers
2.1 Global Keyless Car Access Control System Capacity, Production and Share by Manufacturers (2012-2017)
2.1.1 Global Keyless Car Access Control System Capacity and Share by Manufacturers (2012-2017)
2.1.2 Global Keyless Car Access Control System Production and Share by Manufacturers (2012-2017)
2.2 Global Keyless Car Access Control System Revenue and Share by Manufacturers (2012-2017)
2.3 Global Keyless Car Access Control System Average Price by Manufacturers (2012-2017)
2.4 Manufacturers Keyless Car Access Control System Manufacturing Base Distribution, Sales Area and Product Type
2.5 Keyless Car Access Control System Market Competitive Situation and Trends
2.5.1 Keyless Car Access Control System Market Concentration Rate
2.5.2 Keyless Car Access Control System Market Share of Top 3 and Top 5 Manufacturers
2.5.3 Mergers & Acquisitions, Expansion
3 Global Keyless Car Access Control System Capacity, Production, Revenue (Value) by Region (2012-2017)
3.1 Global Keyless Car Access Control System Capacity and Market Share by Region (2012-2017)
3.2 Global Keyless Car Access Control System Production and Market Share by Region (2012-2017)
3.3 Global Keyless Car Access Control System Revenue (Value) and Market Share by Region (2012-2017)
3.4 Global Keyless Car Access Control System Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
3.5 North America Keyless Car Access Control System Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
3.6 Europe Keyless Car Access Control System Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
3.7 China Keyless Car Access Control System Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
3.8 Japan Keyless Car Access Control System Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
3.9 Southeast Asia Keyless Car Access Control System Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
3.10 India Keyless Car Access Control System Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
4 Global Keyless Car Access Control System Supply (Production), Consumption, Export, Import by Region (2012-2017)
4.1 Global Keyless Car Access Control System Consumption by Region (2012-2017)
4.2 North America Keyless Car Access Control System Production, Consumption, Export, Import (2012-2017)
4.3 Europe Keyless Car Access Control System Production, Consumption, Export, Import (2012-2017)
4.4 China Keyless Car Access Control System Production, Consumption, Export, Import (2012-2017)
4.5 Japan Keyless Car Access Control System Production, Consumption, Export, Import (2012-2017)
4.6 Southeast Asia Keyless Car Access Control System Production, Consumption, Export, Import (2012-2017)
4.7 India Keyless Car Access Control System Production, Consumption, Export, Import (2012-2017)
……….
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Research Trades has team of experts who works on providing exhaustive analysis pertaining to market research on a global basis. This comprehensive analysis is obtained by a thorough research and study of the ongoing trends and provides predictive data regarding the future estimations, which can be utilized by various organizations for growth purposes.
#Research Trades#Keyless Car Access Control System Market growth#Keyless Car Access Control System Market application#Keyless Car Access Control System Market key player#Keyless Car Access Control System Market Share#Keyless Car Access Control System Market Trends#Keyless Car Access Control System Market Forecast#Keyless Car Access Control System Market 2022#Keyless Car Access Control System Market Analysis#Keyless Car Access Control System Market
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Automotive Electronics Market Size, Supplier, Demand Analysis, Type, Statistics and Regions 2033
Research Nester published a report titled “Automotive Electronics Market: Global Demand Analysis & Opportunity Outlook 2033” which delivers detailed overview of the global automotive electronics market in terms of market segmentation by product type, distribution channel, application and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global automotive electronics market is anticipated to grow with a CAGR of ~8% during the forecast period, i.e., 2023-2033. The market is segmented by application into passenger vehicles and commercial vehicles. Out of these segments, the passenger vehicles segment is anticipated to garner the largest market share over the forecast period, owing to the increasing sales of cars. In addition, increasing demand for luxury cars with advanced features among populace is also expected to boost the growth of the segment in the coming years.
The global automotive electronics market is estimated to garner a moderate revenue by the end of 2033, backed by the increasing number of vehicles having electronic systems worldwide. Various features provided by automotive electronics, such as automatic emergency braking, airbags are also projected to boost sales of these tools in the coming years. Moreover, increasing road accidents as well as increasing penetration advance driver assistance system is also projected to propel the growth of the market during the forecast period.
Geographically, the global automotive electronics market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in Asia Pacific is estimated to garner the largest market share over the forecast period, owing to the rising sale of vehicles. Apart from this, the market in Europe is anticipated to register significant growth in the coming years.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Increasing Use of Electronic Control Unit (ECU) to Drive the Market Growth
According to the data, vehicles in 2020, may have 100 or over, ECUs, for controlling functions
The adoption of ECU is expected to accelerate the market growth in the coming years, as there is surge in the number of controlling functions that range from the essential such as power steering control and engine to comfort such as power windows, seats, to security and access such as keyless entry, and door locks. Moreover, the increasing technological advancements as well as the increasing research and development are also expected to drive the growth of the global automotive electronics market during the forecast period.
However, the possibility of cost surge with increased number of electronic control unit as well as lower penetration of electronic systems in developing countries are expected to operate as key restraints to the growth of global automotive electronics market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the of global automotive electronics market which includes company profiling of Robert Bosch GmbH, Continental AG, Denso Corporation, Visteon Corporation, Infineon Technologies AG, Hella GmbH & Co. KGaA, Hitachi, Ltd., Advanced Micro Devices, Inc., Renesas Electronics Corporation, Valeo. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the of global automotive electronics market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.
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Automotive Keyless Entry System Market Insight, Share, Report 2022-2028
A recent study by the strategic consulting and market research firm; BlueWeave Consulting revealed that the global automotive keyless entry system market was worth USD 1.8 billion in 2021 and is anticipated to reach USD 3.4 billion by 2028 at a CAGR of 9.2%. The global automotive keyless entry system market is in a developing stage. Strengthening regulatory policies focused on vehicle safety, rising vehicle sales in developing countries, and the convenience offered by keyless entry systems are expected to boost the demand for vehicle keyless entry systems during the forecast period. In addition, the growing awareness of technologically advanced vehicle safety systems in developed countries such as the United States, Germany, France, and Japan, as well as emerging countries such as China and India, is an opportunity for market growth. Moreover, growing demand for connected, autonomous, and semi-autonomous vehicles and smartphone integration is expected to create growth opportunities in the global market during the forecast period.
Improved comfort with keyless entry system
The most important advantage of a keyless entry system is the convenience it offers to the user. Drivers can unlock or lock vehicle doors with minimal effort, allowing them to get in and out of their vehicles more quickly. The development of the passive keyless entry system has given users the convenience of locking or unlocking their vehicle doors by simply putting the key fob in their pockets. Drivers also find this system most useful in emergencies and during bad weather outdoors when quick access to the vehicle is essential, making keyless entry an ideal system for drivers. Major OEMs offering keyless entry technology include Audi, Acura, BMW, KIA, Mercedes-Benz, and Volvo. The immobilizer function of the keyless entry system prevents unauthorized access and activation of the ignition system, increasing vehicle security. These are why these systems boost growth opportunities in the global market during the forecast period.
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Increasing global passenger car sales to boost demand for keyless vehicle access control by vehicle type
Based on vehicle type, the automotive keyless entry system market is segmented into passenger vehicles and commercial vehicles. The passenger car application segment accounts for the largest market share, and it is also expected to dominate the market. According to the International Organization of Motor Vehicle Manufacturers, India's motor vehicle sales for passenger cars was reported at 3,082,279.000 unit in Dec 2021, which increased from the previous number of 1,579,855.000 Unit in Jun 2021. Due to increased car sales and demand for vehicle security systems, the keyless entry system market has had positive growth.
Impact of COVID-19 on the Automotive Keyless Entry System Market
The outbreak of the novel coronavirus disease (COVID-19) has forced governments around the world to implement strict lockdowns and social distancing to limit the spread of the virus. As a result, several organizations have launched work-from-home programs as a safety measure. This has led to a sharp drop in demand for automobiles around the world. Additionally, the nationwide lockdown disrupted supply chains as several manufacturing facilities around the world had to partially or fully shut down. As a result of the supply chain and production schedule disruptions caused by the COVID-19 pandemic, automobile production and sales have been severely hit, negatively impacting the automotive keyless entry system market. To prevent the spread of the COVID-19 virus, governments around the world are enforcing strict lockdowns and mandating social distancing. As a result, several organizations have launched work-from-home programs as a precautionary measure. As a result, global demand for automobiles fell sharply.
Competitive Landscape
The key players operating in the global automotive keyless entry system market are Alps Electric Co. Ltd, Continental AG, DENSO Corporation, Hella KGaA Hueck & Co., Microchip Technology Inc., Mitsubishi Electric Corporation, NXP Semiconductors, Robert Bosch GmbH, Valeo, ZF Friedrichshafen AG other prominent players. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisition to expand their customer reach and gain a competitive edge in the overall market.
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Automotive Keyless Entry Systems Market
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Vehicle Access Control Market 2021 Global Industry Size, Segments, Share and Growth Factor Analysis Research Report 2027
The global vehicle access control market is set to gain momentum from the increasing adoption of standardized interface technologies by reputed manufacturers, such as Hyundai, BMW, and Honda. These technologies surge the commercial viability of passive vehicle access control systems, as well as enable greater convenience for consumers. This information is given by Fortune Business Insights™ in a new study, titled, “Vehicle Access Control Market Size, Share & Industry Analysis, By Type (Biometric System, Non-Biometric System), By Technology (RFID, NFC, Bluetooth, Others), By Vehicle Type (Passenger Car, Commercial Vehicle) and Regional Forecast, 2020-2027.” The study further mentions that the vehicle access control market size was USD 9.61 billion in 2019 and is projected to reach USD 12.45 billion by 2027, exhibiting a CAGR of 6.6% during the forecast period.
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A list of all the renowned vehicle access control operating in the global market:
Continental AG
Robert Bosch GmbH
Denso Corporation
Valeo
Nuance Communications, Inc.
Lear Corporation
Mitsubishi Electric Corporation
NXP Semiconductors
Drivers & Restraints-
Increasing Need to Reduce Vehicle Thefts will Favor Growth
Vehicle theft is a serious problem to tackle with nowadays. The National Insurance Crime Bureau (NICB) published an in-depth report in March 2019 that showcases a 56 percent rise in vehicle thefts over the 147,434 vehicles stolen between the period of January 2013 and December 2015. Besides, in the U.S., the number of vehicle thefts by using fobs or keys increased to 229,339 between January 2016 and December 2018. Novel techniques, such as fingerprint authorization and facial recognition, as well as keyless car entries would be able to boost vehicle security. This, in turn, can lessen the number of vehicle thefts. These factors are set to propel the vehicle access control market growth in the coming years.
However, perfectly keyless systems and biometric access would surge design complexities and component requirements. Hence, it would require high manufacturing and installation cost, which, in turn, is likely to obstruct the demand for vehicle access control systems.
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Regional Analysis-
High Demand for Electronic Immobilizers & Keyless Entry to Spur Growth in North America
Geographically, in 2019, North America procured USD 3.47 billion in terms of revenue. The region is characterized by the rising popularity of unique solutions, such as remote ignition disablers and stolen vehicle assist. Also, the increasing cases of vehicle thefts is surging the demand for keyless entry and electronic immobilizers in this region.
Asia Pacific, on the other hand, is anticipated to exhibit a higher CAGR in the near future stoked by the increasing awareness programs regarding the beneficial properties of vehicle access control solutions. In addition to that, the rising demand for high-end automobiles and the increasing production of vehicles would enhance growth in this region.
Competitive Landscape-
Key Players Focus on R&D Activities to Develop Secure Vehicle Access Control Solutions
The market for vehicle access control is fragmented. Most of the companies are aiming to increase their research and development initiatives for creating novel and highly secure solutions. Apart from that, some of the others are focusing on strategic partnerships to gain a competitive edge in the market. Below are the two latest industry developments:
June 2020: Continental bagged new orders from three vehicle manufacturers based in Asia & Europe for CoSmA, its smartphone-based vehicle access system. This system will be blended into the architecture of their upcoming vehicles. The production is expected to begin in 2021.
January 2019: Bosch introduced its Perfectly Keyless digital access service that can easily recognize the owner’s smartphone just like a digital fingerprint. Only then it can open the vehicle.
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Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
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Automotive Keyless Entry System Market Top 10 Companies Analysis by Size, Industry Share, Statistics, Growth Factors, Business Strategies, Trends and Forecast to 2027
Automotive Keyless Entry System Market 2018-2024 The forecast period 2018-2024 is expected to show significant growth in global automotive keyless entry systems market. There will be a new resurgence in the sales and utilisation of automotive keyless entry systems. Are you ready to cope up with growing market? No, then have a look at our report overview and send your query to us.
Now these days, the introduction of high-end advanced electronic entry systems is the most advanced technology. Automotive keyless entry system is integrated circuits that communicate through magnetic attraction signals to lock or unlock the vehicle door. The increasing proliferation of automotive electronic solutions that provide customers centralized controls and seamless exchange of knowledge among varied systems can revolutionize the automotive trade.
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The report classifies and defines the Automotive Keyless entry systems market volume and value. The market volume is provided in terms of thousand units; whereas the value for the market is provided in terms of USD million from 2018-2024. The geography (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) focusing on key countries in each region.
The report also gives a comprehensive review of the market drivers, restraints, opportunities, challenges, and key issues in Automotive Keyless entry systems market. The key players in the market for automotive Keyless entry systems have also been identified and profiled.
Future of Automotive Keyless Entry System Market
The future of automotive keyless entry system market presents promising prospects despite underlying challenges in some regions of the world. Europe is on the brink of recovery from recession and is anticipated to witness average growth in returning future. Asia Pacific region is projected to highest growth in the forecast period to increasing local demand of vehicle with added safety equipment’s within the vehicle.
Automotive Keyless Entry Systems Market: Key Players
Advanced Keys
Alps Electric
Bosch
Calsonic Kansei
Denso
Directed Electronics
Hyundai Mobis
Lear Corporation
Marquardt
Microchip Corporation (ATMEL)
Mitsubishi Electric
OMRON Automotive Electronics
Panasonic
Tokai Rika
Voxx International
Along with these leading players, there are number of other small and mid-sized players who are coming with huge investment and innovative product launch in the automotive keyless entry system industry. On the bases of product, end user and vehicle type keyless entry system market are divided as follows,
by Product Type
RKE systems
PKE systems
by End-user
OEM market
Aftermarket
by Vehicle Type
Passenger cars
LCVs
HCVs
by Region
U.S.
Canada
U.K.
France
Germany
Italy
China
Japan
India
Southeast Asia
Brazil
Mexico
GCC
Africa
Rest of Middle East and Africa
Our new report discusses issues and events affecting the automotive Keyless entry system market.
The report covers discussions and qualitative analyses:
The strong growth of Automotive Keyless entry system market.
Trends toward Automotive Keyless entry system
Recent advancement in automotive technology
Table of Content
1. Chapter - Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
2. Chapter – Global Automotive Keyless Entry System Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Automotive Keyless Entry System Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Automotive Keyless Entry System Market: Trends
2.8. Porter’s Five Forces Analysis
2.9. Market Attractiveness Analysis
3. Chapter - Global Automotive Keyless Entry System Market Overview: Quantitative Analysis
4. Chapter – Global Automotive Keyless Entry System Market Analysis: Segmentation By Type
5. Chapter – Global Automotive Keyless Entry System Market Analysis: Segmentation By Application
Continued........
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Automotive Door Handle Sensors Market Size – Latest Growth, Development Trends & Forecast Report to 2024
Automotive door handle sensors is a sealed module integrating various keyless access functions into a door handle. A keyless vehicle access control system is a fully automated system comprising of an electronic locking feature which secures access to the vehicle electronically and substitutes the conventional mechanical key. This system works on a number of low frequency transmitting antennae placed outside as well as inside the vehicle.
In 2017, the Button Type sales were 137 M units and the market share was 88%, and it will be 325 and 86% in 2025, with a Growth Rate 8% from 2017 to 2025. In 2017, the Induction Type production was 24 and the market share was 12%, and it will be 53 and 14% in 2025, with a Growth Rate 11% from 2017 to 2025
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Of the various regional markets, Asia-Pacific, South America and Middle East and Africa offer promising potential in the global Automotive Door Handles market. Asia-Pacific is witnessing significant economic growth due to the boom in automotive industry in various countries such as India and China.
According to this study, over the next five years the Automotive Door Handle Sensors market will register a 6.5% CAGR in terms of revenue, the global market size will reach US$ 1170 million by 2024, from US$ 810 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Door Handle Sensors business.
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This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Door Handle Sensors market by product type, application, key manufacturers and key regions and countries.
This study considers the Automotive Door Handle Sensors value and volume generated from the sales of the following segments:
Segmentation by product type:
Button Type
Induction Type
Segmentation by application:
Passenger Cars
Commercial Vehicles
Other
This report also splits the market by region:
Americas
APAC
Europe
Middle East & Africa
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The key manufacturers covered in this report:
Continental
Aisin Seiki
Huf-group
U-Shin
ITW Automotive
Hella
Omron
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Automotive Door Handle Sensors consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automotive Door Handle Sensors market by identifying its various subsegments.
Focuses on the key global Automotive Door Handle Sensors manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Door Handle Sensors with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive Door Handle Sensors submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Automotive Door Handle Sensors Consumption 2014-2024
2.1.2 Automotive Door Handle Sensors Consumption CAGR by Region
2.2 Automotive Door Handle Sensors Segment by Type
2.2.1 Button Type
2.2.2 Induction Type
2.3 Automotive Door Handle Sensors Consumption by Type
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#Automotive Door Handle Sensors Market#Automotive Door Handle Sensors Market Share#Automotive Door Handle Sensors Market Size#Automotive Door Handle Sensors Market Trends
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Automotive Digital Key Market To Witness the Highest Growth Globally in Coming Years
The report begins with an overview of the Automotive Digital Key Market 2025 Size and presents throughout its development. It provides a comprehensive analysis of all regional and key player segments providing closer insights into current market conditions and future market opportunities, along with drivers, trend segments, consumer behavior, price factors, and market performance and estimates. Forecast market information, SWOT analysis, Automotive Digital Key Market scenario, and feasibility study are the important aspects analyzed in this report.
The Automotive Digital Key Market is experiencing robust growth driven by the expanding globally. The Automotive Digital Key Market is poised for substantial growth as manufacturers across various industries embrace automation to enhance productivity, quality, and agility in their production processes. Automotive Digital Key Market leverage robotics, machine vision, and advanced control technologies to streamline assembly tasks, reduce labor costs, and minimize errors. With increasing demand for customized products, shorter product lifecycles, and labor shortages, there is a growing need for flexible and scalable automation solutions. As technology advances and automation becomes more accessible, the adoption of automated assembly systems is expected to accelerate, driving market growth and innovation in manufacturing. Automotive Digital Key Market Size, Share & Industry Analysis, By Type (Near Field Communication (NFC), Bluetooth, Others), By Vehicle Type (Passenger Cars, Commercial Vehicles) And Regional Forecast 2021-2028
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Key Strategies
Key strategies in the Automotive Digital Key Market revolve around optimizing production efficiency, quality, and flexibility. Integration of advanced robotics and machine vision technologies streamlines assembly processes, reducing cycle times and error rates. Customization options cater to diverse product requirements and manufacturing environments, ensuring solution scalability and adaptability. Collaboration with industry partners and automation experts fosters innovation and addresses evolving customer needs and market trends. Moreover, investment in employee training and skill development facilitates seamless integration and operation of Automotive Digital Key Market. By prioritizing these strategies, manufacturers can enhance competitiveness, accelerate time-to-market, and drive sustainable growth in the Automotive Digital Key Market.
Major Automotive Digital Key Market Manufacturers covered in the market report include:
Major players operating in the global automotive digital key market include Hyundai Mobis, Volkswagen AG, Denso Corporation, Samsung Electronics Co. Ltd., HELLA, Robert Bosch GmbH, Tesla Inc., Infineon Technologies, BMW AG, STMicroelectronics, Continental AG, Daimler AG, Ericsson, and Valeo SA among others.
Manufacturers are developing car digital keys, which offer more advanced functions than traditional keys, such as keyless entry functions, connected cars, enhanced driver safety functions, etc. Moreover, the leading players in the automotive digital key market have been working on developing smart key fobs, key cards, and wearable smart keys with RFID technology. Several original equipment manufacturers (OEMs) are committed to increase the production of vehicles with this advanced feature in response to increase the customer demand.
Trends Analysis
The Automotive Digital Key Market is experiencing rapid expansion fueled by the manufacturing industry's pursuit of efficiency and productivity gains. Key trends include the adoption of collaborative robotics and advanced automation technologies to streamline assembly processes and reduce labor costs. With the rise of Industry 4.0 initiatives, manufacturers are investing in flexible and scalable Automotive Digital Key Market capable of handling diverse product portfolios. Moreover, advancements in machine vision and AI-driven quality control are enhancing production throughput and ensuring product consistency. The emphasis on sustainability and lean manufacturing principles is driving innovation in energy-efficient and eco-friendly Automotive Digital Key Market Solutions.
Regions Included in this Automotive Digital Key Market Report are as follows:
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]
Significant Features that are under offering and key highlights of the reports:
- Detailed overview of the Automotive Digital Key Market.
- Changing the Automotive Digital Key Market dynamics of the industry.
- In-depth market segmentation by Type, Application, etc.
- Historical, current, and projected Automotive Digital Key Market size in terms of volume and value.
- Recent industry trends and developments.
- Competitive landscape of the Automotive Digital Key Market.
- Strategies of key players and product offerings.
- Potential and niche segments/regions exhibiting promising growth.
Frequently Asked Questions (FAQs):
► What is the current market scenario?
► What was the historical demand scenario, and forecast outlook from 2025 to 2032?
► What are the key market dynamics influencing growth in the Global Automotive Digital Key Market?
► Who are the prominent players in the Global Automotive Digital Key Market?
► What is the consumer perspective in the Global Automotive Digital Key Market?
► What are the key demand-side and supply-side trends in the Global Automotive Digital Key Market?
► What are the largest and the fastest-growing geographies?
► Which segment dominated and which segment is expected to grow fastest?
► What was the COVID-19 impact on the Global Automotive Digital Key Market?
Table Of Contents:
1 Market Overview
1.1 Automotive Digital Key Market Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook
1.4.1.2 Canada Market States and Outlook
1.4.1.3 Mexico Market States and Outlook
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook
1.4.2.2 France Market States and Outlook
1.4.2.3 UK Market States and Outlook
1.4.2.4 Russia Market States and Outlook
1.4.2.5 Italy Market States and Outlook
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook
1.4.3.2 Japan Market States and Outlook
1.4.3.3 Korea Market States and Outlook
1.4.3.4 India Market States and Outlook
1.4.3.5 Southeast Asia Market States and Outlook
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook
1.4.4.2 Egypt Market States and Outlook
1.4.4.3 Saudi Arabia Market States and Outlook
1.4.4.4 South Africa Market States and Outlook
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
Continued…
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Keyless Vehicle Access Control Systems Market Opportunities, Challenges, Strategies And Forecast till 2024
July 03, 2020: Geographically, Global Keyless Vehicle Access Control Systems market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including • Alps Automotive Inc • TRW Automotive Holdings Corporation • Calsonic Kansei Corporation • Lear Corporation • Delphi Automotive LLP • Mitsubishi Electric Group • Atmel Corporation • Valeo S.A. • Continental Automotive GmbH • Omron Automotive Electronics Co. Ltd • Marquardt Switches Inc • Denso Corporation On the basis of product, we research the production, revenue, price, market share and growth rate, primarily split into • OEMS • Aftermarket For the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Keyless Vehicle Access Control Systems for each application, including • Passenger Car • Commercial Vehicle Request a Free Sample Copy of this Report @ https://www.radiantinsights.com/research/global-keyless-vehicle-access-control-systems-market-research-report-2018/request-sample Production, consumption, revenue, market share and growth rate are the key targets for Keyless Vehicle Access Control Systems from 2013 to 2024 (forecast) in these regions • China • USA • Europe • Japan • Korea • India • Southeast Asia • South America Table of Contents 1 Report Overview 1.1 Definition and Specification 1.2 Report Overview 1.2.1 Manufacturers Overview 1.2.2 Regions Overview 1.2.3 Type Overview 1.2.4 Application Overview 1.3 Industrial Chain 1.3.1 Keyless Vehicle Access Control Systems Overall Industrial Chain 1.3.2 Upstream 1.3.3 Downstream 1.4 Industry Situation 1.4.1 Industrial Policy 1.4.2 Product Preference 1.4.3 Economic/Political Environment 1.5 SWOT Analysis Download Full Research Report @ https://www.radiantinsights.com/research/global-keyless-vehicle-access-control-systems-market-research-report-2018 About Radiant Insights: At Radiant Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Media Contact: Michelle Thoras. Corporate Sales Specialist Radiant Insights, Inc. Phone: +1-415-349-0054 Toll Free: 1-888-928-9744 Email: [email protected] Web: https://www.radiantinsights.com/
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Vehicle Access Control Market Report by Technology, Industry Share and Size Expansion to 2026 | Fortune Business Insights™
Vehicle Access Control Market Size, Share & COVID-19 Impact Analysis, By Type (Biometric System, Non-Biometric System), By Technology (RFID, NFC, Bluetooth, Others), By Vehicle Type (Passenger Car, Commercial Vehicle) and Regional Forecast, 2020-2027 is set to gain momentum from the increasing adoption of standardized interface technologies by reputed manufacturers, such as Hyundai, BMW, and Honda. These technologies surge the commercial viability of passive vehicle access control systems, as well as enable greater convenience for consumers.
Fortune Business Insights™ in a new study, titled, “Vehicle Access Control Market Size, Share & COVID-19 Impact Analysis, By Type (Biometric System, Non-Biometric System), By Technology (RFID, NFC, Bluetooth, Others), By Vehicle Type (Passenger Car, Commercial Vehicle) and Regional Forecast, 2020-2027.” The study further mentions that the market size was USD 9.61 billion in 2019 and is projected to reach USD 12.45 billion by 2027, exhibiting a CAGR of 6.6% during the forecast period.
COVID-19 Pandemic: Rising Focus on Reducing Innovation Funding May Hamper Demand
The emergence of the COVID-19 pandemic has taken a toll on the automotive industry by declining global demand, disrupting supply chains, and closing of assembly plants. The elimination of various passenger cars and commercial vehicles is set to affect the ability of carmakers to invest in research and development activities. Besides, the pandemic has compelled manufacturers to focus on reducing innovation funding and managing day-to-day cash flow. Our detailed research report will help you take the right decision by gaining more insights into the current scenario of the vehicle access control industry.
Drivers & Restraints
Increasing Need to Reduce Vehicle Thefts will Favor Growth
Vehicle theft is a serious problem to tackle with nowadays. The National Insurance Crime Bureau (NICB) published an in-depth report in March 2019 that showcases a 56 percent rise in vehicle thefts over the 147,434 vehicles stolen between the period of January 2013 and December 2015. Besides, in the U.S., the number of vehicle thefts by using fobs or keys increased to 229,339 between January 2016 and December 2018. Novel techniques, such as fingerprint authorization and facial recognition, as well as keyless car entries would be able to boost vehicle security. This, in turn, can lessen the number of vehicle thefts. These factors are set to propel the vehicle access control market growth in the coming years.
However, perfectly keyless systems and biometric access would surge design complexities and component requirements. Hence, it would require high manufacturing and installation cost, which, in turn, is likely to obstruct the demand for vehicle access control systems.
Segment
NFC Segment to Grow Significantly Backed by its Ability to Prevent Relay Attacks
Based on technology, the NFC segment generated 3.97% in terms of the vehicle access control market share in 2019 and is expected to grow significantly throughout the forthcoming years. This growth is attributable to its cost-effectiveness that enables manufacturers to develop card-based vehicle access control or NFC-based smartphones for mainstream vehicles. This technology can also prevent relay attacks.
This Report Answers the Following Questions:
What are the key strategies adopted by prominent firms to surge revenue?
Which are the upcoming trends in vehicle access control technology?
How will facial recognition technology cope up with the challenge of high cost?
Which segment and region are set to dominate the market in terms of share?
Regional Analysis
High Demand for Electronic Immobilizers & Keyless Entry to Spur Growth in North America
Geographically, in 2019, North America procured USD 3.47 billion in terms of revenue. The region is characterized by the rising popularity of unique solutions, such as remote ignition disablers and stolen vehicle assist. Also, the increasing cases of vehicle thefts is surging the demand for keyless entry and electronic immobilizers in this region.
Asia Pacific, on the other hand, is anticipated to exhibit a higher CAGR in the near future stoked by the increasing awareness programs regarding the beneficial properties of vehicle access control solutions. In addition to that, the rising demand for high-end automobiles and the increasing production of vehicles would enhance growth in this region.
Competitive Landscape
Key Players Focus on R&D Activities to Develop Secure Vehicle Access Control Solutions
The market for vehicle access control is fragmented. Most of the companies are aiming to increase their research and development initiatives for creating novel and highly secure solutions. Apart from that, some of the others are focusing on strategic partnerships to gain a competitive edge in the market.
A list of all the renowned vehicle access control operating in the global market:
Continental AG (Hanover, Germany)
Robert Bosch GmbH (Gerlingen, Germany)
Denso Corporation (Aichi, Japan)
Valeo (Paris, France)
Nuance Communications, Inc. (Massachusetts, US)
Lear Corporation (Michigan, US)
Mitsubishi Electric Corporation (Tokyo, Japan)
NXP Semiconductors (Eindhoven, Netherlands)
Below are the two latest industry developments:
June 2020: Continental bagged new orders from three vehicle manufacturers based in Asia & Europe for CoSmA, its smartphone-based vehicle access system. This system will be blended into the architecture of their upcoming vehicles. The production is expected to begin in 2021.
January 2019: Bosch introduced its Perfectly Keyless digital access service that can easily recognize the owner’s smartphone just like a digital fingerprint. Only then it can open the vehicle.
Browse Detailed Summary of Research Report with TOC:
https://www.fortunebusinessinsights.com/vehicle-access-control-market-103664
Detailed Table of Content:
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Market Drivers
Market Restraints
Market Opportunities
Merger, Acquisitions, and Partnerships
Distributor Analysis – For Major Players
Growth and Penetration Analysis
Porter’s Five Forces Analysis
PEST Analysis
Vendor Landscape
Biometric System
Non-Biometric System
RFID
NFC
Bluetooth
Others
Passenger Car
Commercial Vehicle
North America
Europe
Asia Pacific
Rest of the World
TOC Continued…!
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: [email protected]
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Automotive Keyless Entry Access Systems Market 2018 Industry Demand, Share, Global Trend, Industry News, Business Growth, Top Key Players Update, Business Statistics and Research Methodology by Forecast to 2023 | 360 Market Updates
Automotive Keyless Entry Access Systems Market (2018 – 2023) report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The Automotive Keyless Entry Access Systems market report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
“Automotive Keyless Entry Access Systems Market report is anticipated to register a CAGR of XX% over a five years forecast period (2018 – 2023).”
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List of Major Key players operating in the Global Automotive Keyless Entry Access Systems Market are –
Alps Electric Co.Ltd Atmel CorporationCalsonic Kansei CorporationContinental Automotive GmbHDelphi AutomotiveDenso CorporationEyeLock CorporationHELLA KGAA Hueck & Co.Hyundai Mobis Co.LtdMarquardt Switches Inc.Mitsubishi Electric CorporationOmron Automotive Electronics Co. Ltd Panasonic CorporationTRW Automotive Holdings Corp
The global automotive keyless entry access systems market is expected to grow at a fast rate. A keyless vehicle access control system is an entirely automated system containing an electronic locking feature, which secures access to the vehicle electronically and substitutes the conventional mechanical key. The growing demand for connected cars and the integration of smartphones will encourage vendors to launch advanced and integrated electronic systems in the market. Additionally, the increasing regulatory policies that focus on vehicle safety is also driving the market growth. The implementation of vehicle security systems in developed countries (such as the United States and Western Europe) and the emerging countries (such as China and India) is expected to boost the demand for these systems in the market. The implementation of telematics, keyless entry systems, digital clusters, and high-end infotainment systems is gaining immense traction in the global automotive market. Market Dynamics for Keyless Entry Access System Automotive Keyless Entry Access Systems Market The growing demand for entry and go keyless systems is fueling the growth of the automotive keyless entry system market. The growing focus on increasing the functionality of these systems by integrating it into other vehicle components is expected to initiate the launch of new product portfolios in the market. The evolution of automotive electronics enabled vendors to design the modern ignition system and change it into a push button. This system is combined with an ignition system, which receives signals from the key fob to activate the ignition. Such high-end systems will transform the automotive industry over the forecast period. Geographical Analysis - Automotive Keyless Entry Access Systems Market Developing regions like Asia and Latin America are expected to witness a higher penetration rate in the commercial as well as passenger vehicle market. The Asia Pacific region is expected to see a significant growth over the forecast period regarding revenue due to growing automotive production and demand. In the coming years, BRIC nations, specifically India and China, are expected to see the highest growth rate, whereas developed countries are expected to witness a sluggish growth. However, North America is one of the major markets for keyless vehicle access control systems, but over the forecast period, it is expected to witness stagnancy in automotive production as well as demand.
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Scope of the Report:
The report analyses Automotive Keyless Entry Access Systems market, which includes –
Analysis of the growth of Automotive Keyless Entry Access Systems market in global and regional level including Asia-Pacific, Americas, and EMEA.
The report provides Automotive Keyless Entry Access Systems market analysis for key countries including the US, Canada, Chile, China, India, Japan, the UK, Germany, France, and Italy.
The report offers country level Automotive Keyless Entry Access Systems market volume and value by end-user segment for the period 2012-2023.
Qualitative analysis of key market drivers and restraints, and analysis of their impacts on Automotive Keyless Entry Access Systems market are discussed.
The report provides competitive landscape at country level for the year 2018. It also covers key policies and initiatives, key deals, and key upcoming projects.
Highlighted points of Automotive Keyless Entry Access Systems Market Report:
Varying dynamics of the Automotive Keyless Entry Access Systems industry.
Prospective changes in sales volumes and worldwide share growth in upcoming years (2018-2023).
Automotive Keyless Entry Access Systems market report recognizes the key drivers of growth and challenges of the key industry players.
Competitors profiles along with product description, overview, and business data.
A complete analysis of market risks, opportunities, limitations, and growth of the market.
Market driving and restraining factors.
Delivers information on the historical and current market size and the future potential of the market.
Automotive Keyless Entry Access Systems market report provides a comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of the market.
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Reasons to Purchase Automotive Keyless Entry Access Systems Market Report:
The report analyses how stringent emission control norms will drive the global Automotive Keyless Entry Access Systems market.
Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
Study on the product type that is expected to dominate the market.
Study on the regions that are expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares and strategies employed by the major Automotive Keyless Entry Access Systems market players.
3 months’ analyst support along with the Market Estimate sheet (in excel).
In this study, the years considered to estimate the market size of Automotive Keyless Entry Access Systems:
History Year: 2013-2017 Base Year: 2017 Estimated Year: 2018 Forecast Year 2018 to 2023
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Global Keyless Vehicle Access Control Systems Market is Booming Worldwide from 2019 to 2024
SEP 17, 2019: Geographically, Global Keyless Vehicle Access Control Systems market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
· Alps Automotive Inc
· TRW Automotive Holdings Corporation
· Calsonic Kansei Corporation
· Lear Corporation
· Delphi Automotive LLP
· Mitsubishi Electric Group
· Atmel Corporation
· Valeo S.A.
· Continental Automotive GmbH
· Omron Automotive Electronics Co. Ltd
· Marquardt Switches Inc
· Denso Corporation
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On the basis of product, we research the production, revenue, price, market share and growth rate, primarily split into
· OEMS
· Aftermarket
For the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Keyless Vehicle Access Control Systems for each application, including
· Passenger Car
· Commercial Vehicle
Production, consumption, revenue, market share and growth rate are the key targets for Keyless Vehicle Access Control Systems from 2013 to 2024 (forecast) in these regions
· China
· USA
· Europe
· Japan
· Korea
· India
· Southeast Asia
· South America
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Table of Contents
1 Report Overview
1.1 Definition and Specification
1.2 Report Overview
1.2.1 Manufacturers Overview
1.2.2 Regions Overview
1.2.3 Type Overview
1.2.4 Application Overview
1.3 Industrial Chain
1.3.1 Keyless Vehicle Access Control Systems Overall Industrial Chain
1.3.2 Upstream
1.3.3 Downstream
1.4 Industry Situation
1.4.1 Industrial Policy
1.4.2 Product Preference
1.4.3 Economic/Political Environment
1.5 SWOT Analysis
2 Market Analysis by Types
2.1 Overall Market Performance
2.1.1 Product Type Market Performance (Volume)
2.1.2 Product Type Market Performance (Value)
2.2 China Keyless Vehicle Access Control Systems Market Performance
2.3 USA Keyless Vehicle Access Control Systems Market Performance
2.4 Europe Keyless Vehicle Access Control Systems Market Performance
2.5 Japan Keyless Vehicle Access Control Systems Market Performance
2.6 Korea Keyless Vehicle Access Control Systems Market Performance
2.7 India Keyless Vehicle Access Control Systems Market Performance
2.8 Southeast Asia Keyless Vehicle Access Control Systems Market Performance
2.9 South America Keyless Vehicle Access Control Systems Market Performance
3 Product Application Market
3.1 Overall Market Performance (Volume)
3.2 China Keyless Vehicle Access Control Systems Market Performance (Volume)
3.3 USA Keyless Vehicle Access Control Systems Market Performance (Volume)
3.4 Europe Keyless Vehicle Access Control Systems Market Performance (Volume)
3.5 Japan Keyless Vehicle Access Control Systems Market Performance (Volume)
3.6 Korea Keyless Vehicle Access Control Systems Market Performance (Volume)
3.7 India Keyless Vehicle Access Control Systems Market Performance (Volume)
Continued…
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Vehicle Access Control Market during 2021-2027
According to BlueWeave Consulting, the Global Vehicle Access Control Market is expected to grow at a significant rate during the forecast period. The Global Vehicle Access Control Market is projected to reach the valuation of US$ 21,928 million by the year 2026 by growing at a CAGR of 11.6 % during the forecast period 2020- 2026. The market is growing owing to various factors.
The key driver of the market for vehicle access control systems is the increase in demand for robust security and safety controls, which has driven companies around the world to introduce innovative safety solutions based on technology. The growing concern for vehicle safety, the rising production of PCs and LCVs, and the increasing demand for electric vehicles have led to a rise in the market. Premium car models would provide another viable and competitive revenue stream for vehicle access-based biometric systems in the automotive industry in the future. Vehicles have become a critical and vulnerable part of the day-to-day operations of any business, and it has become essential to track and track the movement of cars in and out of locations. Besides, rising crime rates are another factor that fuels the global market for vehicle access control systems.
The implementation of advanced vehicle access control technologies, such as keyless entry, monitoring, and fingerprint-enabled ignition switches, to enhance driver experience is expected to drive market growth. However, the high maintenance costs associated with these systems are expected to hinder the market growth of the Vehicle Access Control Market in the forthcoming years. Integrating biometric access control systems into a vehicle may be a challenging task for car companies, end-users may also find it challenging to get to know the latest and creative vehicle access control systems, which may also deter the growth of the Vehicle Access Control Market.
The non-biometric system segment in Type is expected to grow at the highest rate during the forecast horizon
Based on Type, the non-biometric system segment is projected to be the largest and fastest-growing market since the system uses automotive sensors, which are a robust and less costly technology. The demand for safety features and reliability is expected to fuel the market, as the sensors used for VAC are relatively simple and can be used in applications such as keyless entry, making it easy for OEMs to incorporate such features in almost all premium models.
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Advancement in the Technology
The emergence of the cloud and the Internet of Things (IoT) has had a huge impact on the entire security industry as a whole, and this certainly involves the demand for access control. In the past, these technical advances have opened up new possibilities for traditional access control schemes, such as remote monitoring, less complex scales, and central reporting/management.
Increasing Threats due to rising crime rates
The rise in the instances of vehicle thefts all over is compelling the consumers to install vehicle access control systems. The improved safety features provided by modern vehicle access control systems facilitate car owners to outfit their vehicles with these devices. Both in developing and developed countries, people are more concerned about the safety and security of the vehicles, which is propelling the demand for vehicle access control systems over the forecast period.
North America accounts for the lion’s share of the global Vehicle Access Control market during the anticipated period.
By geography, the global Vehicle Access Control Market is segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific is projected to expand at a significant CAGR during the forecast period due to the growing industrialization, commercialization, and high demand for safety systems that are boosting the market for vehicle access control systems in the region. North America is expected to hold a majority share of the global market for vehicle access administration systems and is expected to maintain its dominant position during the forecast period due to the trend towards early adoption of technology.
Vehicle Access Control Market: Competitive Landscape
The major market players in the Global Vehicle Access Control are • Denso Corporation, Valeo, Continental AG, Robert Bosch, Nuance Communication, Automatic Systems, T3 Security Integration Pte Ltd., Securax Tech Solutions Pvt. Ltd., Kambar Technologies, Nedap N.V., Avon Barrier Corporation Ltd, Guangzhou COMA Electronics Co.Ltd., Nasatka Security, Vehicle Access Systems Ltd., and other Prominent Players are expanding their presence in the market by implementing various innovations and technologies.
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