Automotive Keyless Entry Access Systems Market, Trends & Analysis – Forecasts To 2025

1
GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Ankita Roy, Treesha Banerjee and
Liza Dsouza from Global Market Estimates throw
the spotlight on the growing Automotive Keyless
Entry Access Systems. Automotive Keyless Entry
Access Systems Market Insights The automotive
keyless entry access systems market is expected
to grow at a high CAGR during the forecast
period. Technically, it is an entirely automated
system which contains an electronic locking and
access feature. This feature helps in securing
unwanted or unknown access to the vehicle
electronically and also substitutes the
mechanical key. The system works on a series of
low frequency transmitting antennas both outside
and inside the vehicle. The external antenna is
generally attached on the door handles, which is
triggered either by touching the handle or by
pulling the handle. In the process low-frequency
signals are transferred from the antennas to the
key, thereby providing access to its owner. The
growing market of automotive keyless access
system can be attributed to various factors one
of them being, increased market demand for an
automobile with automotive access system
technology. It performs the function of a
conventional mechanized car key without physical
contact, within the radius of few miles.
Nowadays, it is generally used in almost all
automobiles for providing convenience to the
driver and for high-security purpose. Positive
sales position and fiscal backdrop around the
globe increased the demand of the system. The
market for the global automobile industry is
expected to grow at a high rate, thereby boosting
the market for automotive keyless access entry
system. Growing high-income levels and
discretionary income levels coupled with
increased investment in the luxury cars are
driving the market demand for automotive keyless
entry access system. Some restraints which are
hindering the growth of the market are the high
cost of the feature, which generally depends
upon the feature, brand, and model of the
vehicle. Different car brand charges a different
price to enable the feature.
2
GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
Automotive Keyless Entry Access Systems Market
By product The automotive keyless entry access
systems market can be segmented based on the
product into a passive keyless entry system
(PKES) and remote keyless entry system (RKES).
The passive keyless entry system is expected to
register high CAGR during the forecast period.
The factors behind such growth could be luxury
and convenience to the consumers around the
globe. PKES are anticipated to provide
cost-effective solutions to the suppliers and as
well as to automakers with advancements in
technologies in door latch systems. Another
factor boosting the market of PKES can be owed to
its feature of enhanced convenience to the
driver as they support easy entry and exit of the
car. Both passive keyless entry system and
remote keyless entry system works on the low
frequency which is transmitted from the antenna
to the device or in simple terms radio frequency
identification principle. Automotive Keyless
Entry Access Systems Market By Vehicle type The
automated keyless entry access system market can
be segmented based on the vehicle type into
light-duty vehicle keyless entry system, medium
and heavy-duty vehicle keyless entry system,
passenger car keyless entry system. There are
various uses of automated keyless entry system in
these vehicles such convenience to the drivers
by supporting easy entry and exit from the
vehicle reduces the threat associated with
stealing of vehicle thereby providing car
security, provides vehicle temperature
information, helps in monitoring tire pressure,
and others.
3
GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
The passenger car keyless entry system is
expected to register the highest growth over the
forecast period. The factors behind such growth
could be the growing demand of luxury car due to
growing high-income levels and discretionary
income levels across the globe. The rise in
disposable income, population growth,
technological advancements, status and prestige
highly influences the growing demand for luxury
cars, which in turn increases the market growth
for passenger car keyless entry
system. Automotive Keyless Entry Access Systems
Market By End User Based on the end user
segment the automotive keyless entry access
systems market can be divided into Aftermarket,
Original Equipment Manufacturer (OEMs). Presently
the automobile industry holds the largest market
share in terms of volume and value. The reason
behind such growth is the increased demand for
automobiles across the globe. In the automobile
industry, automotive keyless entry system is
used in door handles to provide access to vehicle
owner without coming into direct physical
contact with the car. Implementation of keyless
entry system, telematics, high-end infotainment
systems, and digital clusters are some of the
reason behind this increased demand in of
automotive keyless entry access systems amongst
the end users.
Automotive Keyless Entry Access Systems Market
Regional Insights Emerging and developing
economies such as Asia, Latin America, and Europe
are expected to witness a high penetration rate
in the passenger as well as commercial vehicle
market. The Asia Pacific is expected to deliver
significant growth in revenue during the forecast
period. Factors behind such growth are
increasing demand for auto motives in countries
such as China, India, and Japan.
4
GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
Currently, North America is one of the largest
markets for the automotive keyless access control
system, but it is expected that during the
forecast past the market is going to witness
stagnant growth in automotive demand as well as
production. The remote keyless entry system is
having a higher penetration rate in the North
American market owing to increased demand for
luxury car across the region. Automotive
Keyless Entry Access Systems Market End-Use
Landscape The end-use landscape entails a list
of current and prospective consumers prevailing
across the regions. This section provides
company addresses, contact details, products, and
regional presence of companies who are
purchasing or are likely to purchase automotive
keyless access control system over the coming
years. Some companies which are currently using
the system and are likely to use in the future
are Acura, Audi, BMW, Cadillac, Ashton Martin,
and others. Automotive Keyless Entry Access
Systems Market Vendor Landscape The report
contains a chapter dedicated to vendors operating
in the market, covering raw material
manufactures, equipment developers,
manufacturers, and distributors. The report
provides these insights on a regional level.
This section of the report entails contact
details, experience, products manufactured/suppli
ed, and geographical presence of
companies. Automotive Keyless Entry Access
Systems Market Share Competitor Analysis Some
of the key players operating in the automotive
keyless access control system markets are TRW
Automotive Holdings Corporation, Lear
Corporation, Alps Automotive Inc., Calsonic
Kansai Corporation, Mitsubishi Electric Group,
Delphi Automotive LLP, Atmel Corporation, Omron
Automotive Electronics Company, Valeo S.A.,
Continental Automotive GmbH, Denso Corporation
and Marquardt Switches Inc. In April 2013 TRW
Automotive Holdings Corporation announced its
first launch of integrated remote keyless entry
system and direct tire pressure monitoring system
in a partnership with Japanese vehicle
manufacturer. In May 2015, the company ZF
Friedrichshafen has announced its successful
acquisition of TRW Automotive Holdings
Corporation under which they have completed the
transaction of USD 12,400 million. The company
now operates under the name ZF Friedrichshafen AG.
5

• GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
• The report segments the Automotive Keyless Entry
  Access Systems on the basis of By Product
• Passive Keyless Entry System (PKE)
• Remote Keyless Entry System (RKE)
• By End user
• Aftermarket
• Original Equipment Manufacturer (OEMs)
• By Vehicle Type
• Light Duty Vehicle Keyless Entry System
• Medium and Heavy Duty Vehicle Keyless Entry
  System
• Passenger Car Keyless Entry System
• By Region

This article contains text from the Automotive
Keyless Entry Access Systems Forecast to 2025
report For more information or to buy the report,
please visit https//www.globalmarketestimates.c
om/automotive-keyless-entry-access-systems-market/
Check our annual research partnership service
at https//www.globalmarketestimates.com/annual-
research-partnership-services/