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Global Automotive Passive Keyless Entry System Market to grow at a CAGR of 10.6% during the period 2016-2020.

Press Release   •   May 17, 2016 08:52 EDT

Description

About the Automotive Passive Keyless Entry Systems Market

PKE systems are the most advanced keyless entry system currently available. These systems operate with two integrated circuits that act as radio transmitters one is placed in the key fob and the other inside the vehicle. Both these transmitters have to communicate with each other to lock/unlock vehicle doors and to activate the ignition system.

For instance, a driver carrying the key fob in his pocket needs to touch the door handle that initiates a low-frequency signal from the vehicle to the transmitter in the fob. When the fob receives this signal, it initiates a second high-frequency signal with authentication codes to the vehicle transmitter. As the vehicle receives the second signal, the doors are locked/unlocked, and the ignition system is activated/deactivated.

Technavios analysts forecast the Global Automotive Passive Keyless Entry System Market to grow at a CAGR of 10.6% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive passive keyless entry system market for 2016-2020. To calculate the market size, we have considered the global sales of vehicles (passenger cars [PCs] and commercial vehicles) installed with PKE systems in addition to the aftermarket sales of PKE systems in 2015 and estimated the unit shipments until 2020.

The market is divided into the following segments based on geography:

Americas

APAC

Europe

Download Detail Report With Complete TOC at: http://www.marketresearchreports.biz/sample/sample/717661

Technavio's report, Global Automotive Passive Keyless Entry System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Continental

Hella

Valeo

ZF TRW

Other prominent vendors

Alps Electric

Atmel

Denso

Hyundai MOBIS

Marquardt

Mitsubishi Electric

Market driver

Rise in automotive sales to increase demand for PKE systems in emerging markets

For a full, detailed list, view our report

Market challenge

Vulnerabilities in keyless entry system

For a full, detailed list, view our report

Market trend

Growing demand for entry and go

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?