Strategic Assessment of Worldwide Automotive Keyless Entry System Market – Forecast Till 2021
Automotive Keyless Entry System – Report Insights
This market research report covers the present scenario and the growth prospects of the Worldwide Automotive Keyless Entry System Market for the period 2015-2021.
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This market research report includes a detailed market segmentation of the Worldwide Automotive Keyless Entry System Market by
By Product Type
- •Remote key-less Entry
- •Passive Key-less Entry
By Vehicle Type
- •Passenger Cars,
- •Heavy Commercial Vehicle
- •Light Commercial Vehicle
By End Market
- •Original Equipment Manufacturers
- •After Market
By Geographic Region
- •North America
- •Latin America
- •Middle East
Automotive Keyless Entry Market Size and Forecast
The Worldwide Automotive Keyless Entry System Market has been segmented on the basis of product type which include Remote key-less Entry and Passive Key-less Entry. Over the years, Remote keyless entry system has gained rapid adoption among the consumers due to the convenience and added security from vehicle theft making it the most predominant vehicle entry system globally. This system was initially introduced in luxury vehicle segment and latter was adopted in mass mid-segment vehicles during late 1990’s. In 2015, Remote key-less Entry was the largest segment and accounted for around 70 million units. The Remote key-less Entry segment is expected to grow at a CAGR of around 5% between 2015 and 2021.
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Automotive Keyless Entry Geographic Segmentation
The Worldwide Automotive Keyless Entry System Market has been segmented on the basis of geography. This market research report has categorized the entire market into five regions namely North America, APAC, Europe, Latin America and Middle East & Africa. In 2015, North America dominated the market with around 35 million units followed by Europe and Asia. Asia is expected to grow at a CAGR of around 6% during the forecast period. With the rapid economic growth in APAC region, the per-capita income has drastically increased over the past couple of years which has increased the purchasing power of consumers leading to higher automobile sales. Moreover, APAC has become a prime offshore location for automotive manufacturing.
Automotive Keyless Entry Drivers and Trends
This market research report provides market overview of the factors driving and restraining the growth of the market. The report also outlines the key trends emerging in the market that will contribute to the growth of the Worldwide Automotive Keyless Entry System market during the forecast period. During the forecast period, emerging markets are expected to drive automotive sales leading to increase in demand for keyless entry systems. The economic growth in the BRIC nations of has fueled rapid growth rates for the auto industry in recent years. Moreover, convenience offered by keyless entry has let to increase in its adoption. A driver is able to unlock or lock vehicle doors with minimal effort which makes it quicker to enter and exit the vehicle. Some of the major challenges confronting the Worldwide Automotive Keyless Entry System market include venerability.
Automotive Keyless Entry Key Vendors
This market research report profiles the major companies in the Worldwide Automotive Keyless Entry System market and also provides the competitive landscape of key players. Within the report covers the entire market outlook regarding the value chain operating within the market. The major players in the market include Continental, ZF TRW, Valeo, Hella, Delphi. Other prominent vendors in the market include Marquardt, Alps Electric and Mitsubishi Electric.
Companies mentioned in the report include NXP, Infineon, Microchip, Atmel, Maxim Integrated, UEM, Mouser Electronics, Silicon Labs, DDPI, Isol, Procare, Calsonic Kansei, Tokai Rika, Denso, Toyota, General Motors, Volkswagen, Honda, Ford, Autozone, Advance Auto Parts, O'reilly, Federated Auto Parts, UNI Select, Prime Choice, Auto Pro, Car ID, Viper, VOXX International, EyeLock, Daimler, BMW, Antaya Technologies, Cobra Automotive, Maruti Suzuki, 3db Technologies, HUF Group, Zieh Fix, Nelsen, Toyota, Compustar , RAM Trucks and Chrysler
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