The global automotive keyless entry systems market size is predicted to develop at 6.85% CAGR between 2023- 2032, states the recent Market Research Future (MRFR) analysis.
An automotive keyless entry system, simply put, is
an electronic lock that offers physical access of cars to a user and helps the
unlocking and locking operation sans the use of conventional mechanical keys
for convenience and high security to the driver.
Various factors are propelling the global
automotive keyless entry systems market share. According to the recent MRFR
report, such factors include growing demand for vehicle security and safety
features, the launch of advanced electronic vehicle entry systems, an increase
in automotive production, awareness about sophisticated features, and demand
for luxury vehicles.
Additional factors adding market growth include
growing adoption of advanced car sensors, integration of passive safety
features such as sensor-guided features, electronic features, stronger chassis,
airbags, and seatbelts, and development in automotive sensors.
On the contrary, the volatility of raw material
prices of semiconductors as well as other electronic components and the adverse
effects of the COVID-19 outbreak may hamper the global automotive keyless entry
systems market growth over the forecast period.
Keyless Entry Systems Market Key Players
- TRW
Automotive Holdings Corporation (US)
- Atmel
Corporation (US)
- Calsonic
Kansei Corporation (Japan)
- Continental
Automotive GmbH (Germany)
- Delphi
Automotive (Ireland)
- Denso
Corporation (Japan)
- HELLA KGAA
Hueck & Co. (Germany)
- ARCO Lock
& Security ENTERN LLC (US)
- Hyundai Mobis
(South Korea)
- Robert Bosch
GmbH (Germany)
Keyless Entry Systems Market Segmentation
The MRFR report highlights an inclusive segmental
analysis of the global automotive keyless entry systems market based on product
type, sales channel, and vehicle type.
By product type, the global automotive keyless
entry systems market is segmented into RKE and PKE. Of these, the PKE product
type segment will lead the market over the forecast period.
By vehicle type, the automotive keyless entry
systems market is segmented into heavy commercial vehicle, light commercial
vehicle, and passenger cars. Of these, the passenger cars vehicle type will
dominate the market over the forecast period.
By sales channel, the global automotive keyless
entry systems market is segmented into aftermarket and OEM. Of these, the
aftermarket sales channel segment will have a major share in the market over
the forecast period.
Keyless Entry Systems Research Analysis
Based on the region, the vehicle
keyless entry systems market share report covers
the growth opportunities and recent trends across the Asia Pacific (APAC),
North America, Europe, & the Rest of the World (RoW). Of these, the APAC
region will spearhead the market over the forecast period.
The region being the largest consumer and
manufacturer of new cars, increase in per capita disposable income, growing
awareness about convenience and vehicle safety, growth in technologically
advanced systems, higher vehicle production, presence of OEMs, and presence of
solution and service providers that develop automotive keyless entry systems
based on needs are adding to the global automotive keyless entry systems market
growth in the region.
In North America, the automotive keyless entry
systems market is predicted to have healthy growth over the forecast period.
The need for ease in accessibility & vehicle handling and burgeoning demand
for automotive keyless entry systems is adding to the global automotive keyless
entry systems market growth in the region.
The automotive keyless entry systems market in
Europe is predicted to have notable growth over the forecast period for
increasing focus of OEMs on stringent regulations to improve technology, which
needs high investment in the research and development.
In the RoW, the automotive keyless entry systems
market is predicted to have sound growth over the forecast period for an
economic recovery that is boosting its sales.
More Reports
Automotive Connecting Rod
Market
All-Terrain Vehicle (ATV)
Engines Market
Automotive Electronics
Sensor AfterMarket
.png)
.png)
No comments:
Post a Comment