Global automotive keyless entry systems market is expected to witness 6.8% CAGR during the forecast period, 2019–2025.
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.
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Automotive Keyless Entry Access Systems Market Market Highlights
The automotive keyless entry system market is primarily driven by the rise in demand for vehicle safety and security features along with the introduction of advanced electronic vehicle entry system. A rise in automotive production, demand for luxury vehicles and awareness about sophisticated features in vehicles are expected to add to the market growth.
Moreover, the automotive vehicle manufacturers have been working on the development of autonomous systems and other advanced technologies to offer superior products. This is expected to create opportunities for the participants in the automotive keyless entry system market.
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.
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)
- Robert Bosch GmbH (Germany)
Global Automotive Keyless Entry Access Systems Market Market Segments Analysis:
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.
Automotive Keyless Entry Access Systems Market Market Regional Analysis:
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.
Major Key Points from Table of Content:
Table 1 Global Automotive Keyless Entry Systems Market: By Region, 2019–2025
Table 2 North America: Automotive Keyless Entry Systems Market: By Country, 2019–2025
Table 3 Europe: Automotive Keyless Entry Systems Market: By Country, 2019–2025
Table 4 Asia-Pacific: Automotive Keyless Entry Systems Market: By Country, 2019–2025
Table 5 Row: Automotive Keyless Entry Systems Market: By Region, 2019–2025
Table 6 Global Automotive Keyless Entry Systems Market, By Vehicle Type, By Region, 2019–2025
Table 7 North America: Automotive Keyless Entry Systems Market, By Vehicle Type, By Country, 2019–2025
Table 8 Europe: Automotive Keyless Entry Systems Market, By Vehicle Type, By Country, 2019–2025
Table 9 Asia-Pacific: Automotive Keyless Entry Systems Market, By Vehicle Type, By Country, 2019–2025
Table 10 Row: Automotive Keyless Entry Systems Market, By Vehicle Type, By Country, 2019–2025
Continued…
List Of Figures
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top-Down And Bottom-Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
FIGURE 8 Global Automotive Keyless Entry Systems Market Share, By Vehicle Type, 2018 (%)
FIGURE 9 Global Automotive Keyless Entry Systems Market, By Vehicle Type, 2019–2025 (USD Million)
FIGURE 10 Global Automotive Keyless Entry Systems Market Share, By Sales Channel, 2018 (%)
Continued…
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