, Market Synopsis:, The term ‘automotive keyless entry system’ is used to refer to an electronic lock that provides physical access of the vehicle to the user and enables the locking and unlocking operation without the use of the conventional mechanical key for high security and convenience to the driver. The keyless entry system unlocks the vehicle by means of Bluetooth unlocking systems, radio frequency identification locks, electronic locks, and biometric scanning, which secure the access to the vehicle. Keyless entry systems are segmented by their product type as PKE and RKE. The PKE system uses advanced technology to take vehicle accessibility to a higher level by automatically opening the door as the driver approaches the vehicle. On the other hand, RKE offers the standard solutions for conveniently locking and unlocking a vehicle’s door and the luggage compartment through remote control. The applications of keyless entry system in automotive vehicle ranges between tire pressure monitoring systems, front & rear seat settings, light control, car alarms, opening the tailgate, and storing multimedia files., The increasing regulatory policies that focus on vehicular safety, increasing vehicle sales in developing economies, and convenience offered by keyless entry systems are the factors expected to boost the demand for automotive keyless entry systems during the forecast period. Moreover, rising awareness of technologically advanced vehicle security systems in developed nations, such as the US, Germany, France, Japan and emerging nations such as China and India is an opportunity in the market. Additionally, the rising demand for connected, autonomous, semi-autonomous cars and the integration of smartphones are expected to create opportunities for growth in the global market during the forecast period. However, the price volatility of raw materials of semiconductors and other electronic components, might hamper the market growth during the forecast period., , Segmentation: Automotive Keyless Entry Systems Market, , , The global automotive keyless entry systems market is segmented based on vehicle type, sales channel, product type

Market Synopsis:

The term ‘automotive keyless entry system’ is used to refer to an electronic lock that provides physical access of the vehicle to the user and enables the locking and unlocking operation without the use of the conventional mechanical key for high security and convenience to the driver. The keyless entry system unlocks the vehicle by means of Bluetooth unlocking systems, radio frequency identification locks, electronic locks, and biometric scanning, which secure the access to the vehicle. Keyless entry systems are segmented by their product type as PKE and RKE. The PKE system uses advanced technology to take vehicle accessibility to a higher level by automatically opening the door as the driver approaches the vehicle. On the other hand, RKE offers the standard solutions for conveniently locking and unlocking a vehicle’s door and the luggage compartment through remote control. The applications of keyless entry system in automotive vehicle ranges between tire pressure monitoring systems, front & rear seat settings, light control, car alarms, opening the tailgate, and storing multimedia files.

The increasing regulatory policies that focus on vehicular safety, increasing vehicle sales in developing economies, and convenience offered by keyless entry systems are the factors expected to boost the demand for automotive keyless entry systems during the forecast period. Moreover, rising awareness of technologically advanced vehicle security systems in developed nations, such as the US, Germany, France, Japan and emerging nations such as China and India is an opportunity in the market. Additionally, the rising demand for connected, autonomous, semi-autonomous cars and the integration of smartphones are expected to create opportunities for growth in the global market during the forecast period. However, the price volatility of raw materials of semiconductors and other electronic components, might hamper the market growth during the forecast period.



Segmentation: Automotive Keyless Entry Systems Market





The global automotive keyless entry systems market is segmented based on vehicle type, sales channel, product type, and region. On the basis of vehicle type, the market has been segmented into passenger cars, light commercial vehicle (LCV), and heavy commercial vehicle (HCV). On the basis of sales channel, the market has been segmented into OEM and aftermarket. On the basis of product type, the market has been segmented into PKE and RKE.

Geographically, the global automotive keyless entry systems market has been segmented into four major regions, which are North America, Europe, Asia-Pacific, and the Rest of the World. The automotive keyless entry systems market in North America held the largest share of the global automotive keyless entry system market, owing to the preference for luxury vehicles and the rising adoption of vehicle security systems across the region. Asia-Pacific is expected to register the highest growth rate due to an increase in demand for automotive safety systems in countries, such as China, India, and Japan.



Key Players

The prominent players in the global automotive keyless entry systems market are 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), and Robert Bosch GmbH (Germany).

The Market Research Future report on the global automotive keyless entry systems market covers extensive primary research. This is accompanied by a detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.

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