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Automotive Keyless Entry System Market - Global Outlook and Forecast 2018-2023

1 Research Methodology
2 Research Objectives
3 Research Process
4 Report Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of Study
4.3.1 Market Segmentation by Product Type
4.3.2 Market Segmentation by End-User Type
4.3.3 Market Segmentation by Vehicle Type
4.3.4 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Inclusions
5.3 Exclusions
5.4 Currency Conversion
5.5 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
7.2 Automotive Keyless Entry System Design Technology
7.3 Macroeconomic Factors Driving Market
7.3.1 Economic Development
7.3.2 Per Capita GDP In Developing Markets
7.3.3 Dual-Income Households In Developed Markets
8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Emerging Economies Driving Market Growth
8.1.2 Shifting Consumer Focus on Hybrid & Connected Cars
8.1.3 High Adoption Driven By Increased Convenience Offered By Keyless Entry Systems
8.1.4 YOY Impact of Market Growth Enablers
8.1.5 YOY Impact of Market Growth Enablers On Regions
8.2 Market Growth Restraints
8.2.1 Venerability Associated With Keyless Entry Systems
8.2.2 Increasing Threat of Substitutes – Biometric Systems
8.2.3 Reluctance of Insurance Providers to Insure Automobiles Equipped With Keyless Entry Systems
8.2.4 YOY Impact of Market Growth Restraints
8.2.5 YOY Impact of Market Growth Restraints on Regions
8.3 Market Opportunities & Trends
8.3.1 Growing Electrification of Automotive Mechanics
8.3.2 Growing Adoption of AVI Systems
8.3.3 Growing Demand for Entry-and-Go Keyless Systems
8.3.4 YOY Impact of Market Opportunities & Trends
8.3.5 YOY Impact of Market Opportunities & Trends On Regions
9 Product Life Cycle
9.1 Overview
10 Value Chain Analysis
10.1 Value Chain Overview
10.1.1 Overview
10.2 Value Chain Analysis
10.2.1 Material & Component Suppliers
10.2.2 Keyless Entry System Manufacturers
10.2.3 OEMs
10.2.4 Aftermarket
11 Regulations
11.1 Overview
11.1.1 Safety Vehicle Intrusion Protection Applications
11.1.2 Trusted Platform Module (TPM)
11.1.3 Secure Hardware Extension
11.1.4 Security Standards
12 Global Automotive Market
12.1 Market Overview
12.1.1 Market Size & Forecast
13 Global Automotive Keyless Entry Market
13.1 Market Overview
13.1.1 Growing Global Sales of Passenger Cars
13.1.2 Life Cycle Of Automotive Electronic Components – 2017 Perspective
13.1.3 Factors Affective Electronics Use In Automotive Market
13.1.4 Additional Electronic Components In EVs & HEVs
13.1.5 Advent of Autonomous Parking System
13.1.6 Government and Transport Authorities Initiatives In Safety
13.1.7 Increasing Cost Pressure on Vendors
13.1.8 Urbanization and Dual-Income Households
13.1.9 Smartphone Penetration Assisting Growth for Connected Cars
13.1.10 Rising Labor Costs In Low-Cost Economies
13.2 Porter’s Five Forces Analysis
13.2.1 Threat of New Entrants
13.2.2 Bargaining Power of Suppliers
13.2.3 Bargaining Power of Buyers
13.2.4 Threat of Substitutes
13.2.5 Competitive Rivalry
14 Market by Product
14.1 Market Overview
14.2 RKE Systems
14.2.1 Market Size & Forecast
14.3 PKE Systems
14.3.1 Market Size & Forecast
15 Market by End-User
15.1 Market Overview
15.2 Automotive Keyless Entry System Market by OEMs
15.2.1 Market Size & Forecast
15.3 Automotive Keyless Entry System Aftermarket
15.3.1 Market Size & Forecast
15.4 Market by Vehicle Type
15.4.1 OEM Market by Vehicle Type – Market Size & Forecast
15.4.2 Aftermarket by Vehicle Type – Market Size & Forecast
16 Market by Vehicle Type
16.1 Market Overview
16.2 Market by Passenger Cars
16.2.1 Market Size & Forecast
16.2.2 OEM Market: Market Size & Forecast
16.2.3 Aftermarket: Market Size & Forecast
16.3 Market by LCVs
16.3.1 Market Size & Forecast
16.3.2 OEM Market: Market Size & Forecast
16.3.3 Aftermarket: Market Size & Forecast
16.4 Market by HCVs
16.4.1 Market Size & Forecast
16.4.2 OEM Market: Market Size & Forecast
16.4.3 Aftermarket: Market Size & Forecast
17 Geographic Segmentation
17.1 Market Overview
18 North America
18.1 Market Size & Forecast
18.2 Key Countries
18.2.1 US: Market Size & Forecast
18.3 Leading Trend, Enabler, and Restraint
19 Europe
19.1 Market Size & Forecast
19.2 Key Countries
19.2.1 Germany: Market Size & Forecast
19.3 Leading Trend, Enabler, and Restraint
20 APAC
20.1 Market Size & Forecast
20.1.1 Adoption Rate of Safety Systems By OEMs
20.2 Key Countries
20.2.1 China: Market Size & Forecast
20.2.2 Japan: Market Size & Forecast
20.2.3 South Korea: Market Size & Forecast
20.3 Leading Trend, Enabler, and Restraint
21 Latin America
21.1 Market Size & Forecast
21.2 Key Countries
21.2.1 Market Size & Forecast: Brazil
21.3 Leading Trend, Enabler, and Restraint
22 Middle-East and Africa
22.1 Market Size & Forecast
22.2 Key Countries
22.3 Leading Trend, Enabler, and Restraint
23 Competitive Landscape
23.1 Market Overview
23.2 Market Structure and Mapping Of Competition
23.2.1 Herfindahl-Hirschman Index
23.3 Market Vendor Share Analysis
23.3.1 Overview
24 Key Company Profiles
24.1 Aptiv
24.1.1 Business Overview
24.1.2 Business Segments
24.1.3 Aptiv In Global Automotive Keyless Entry System Market
24.1.4 Major Product Offerings
24.1.5 Key Strengths
24.1.6 Key Strategies
24.1.7 Key Opportunities
24.2 Continental
24.2.1 Business Overview
24.2.2 Business Segments
24.2.3 Continental in Global Automotive Keyless Entry System Market
24.2.4 Major Product Offerings
24.2.5 Key Strengths
24.2.6 Key Strategies
24.2.7 Key Opportunities
24.3 Hella
24.3.1 Business Overview
24.3.2 Business Segments
24.3.3 Hella in Global Automotive Keyless Entry System Market
24.3.4 Major Product Offerings
24.3.5 Key Strengths
24.3.6 Key Strategies
24.3.7 Key Opportunities
24.4 Valeo
24.4.1 Business Overview
24.4.2 Business Segments
24.4.3 Valeo In Global Automotive Keyless Entry System Market
24.4.4 Major Product Offerings
24.4.5 Key Strengths
24.4.6 Key Strategy
24.4.7 Key Opportunities
24.5 ZF TRW Automotive
24.5.1 Business Overview
24.5.2 Business Segments
24.5.3 ZF TRW Automotive In Global Automotive Keyless Entry System Market
24.5.4 Major Product Offerings
24.5.5 Key Strengths
24.5.6 Key Strategies
24.5.7 Key Opportunities
25 Other Prominent Vendors
25.1 Advanced Keys
25.1.1 Company Overview
25.1.2 Key Strategies
25.2 Alps Electric
25.2.1 Business Overview
25.2.2 Key Strategies
25.3 Bosch
25.3.1 Business Overview
25.3.2 Key Strategies
25.4 Calsonic Kansei
25.4.1 Company Overview
25.4.2 Key Strategies
25.5 Denso
25.5.1 Business Overview
25.5.2 Key Strategies
25.6 Directed Electronics
25.6.1 Company Overview
25.6.2 Key Strategies
25.7 Hyundai Mobis
25.7.1 Company Overview
25.7.2 Key Strategies
25.8 Lear Corporation
25.8.1 Company Overview
25.8.2 Key Strategies
25.9 Marquardt
25.9.1 Company Overview
25.9.2 Key Strategies
25.10 Microchip Technology (ATMEL)
25.10.1 Company Overview
25.10.2 Key Strategies
25.11 Mitsubishi Electric
25.11.1 Company Overview
25.11.2 Key Strategies
25.12 OMRON Automotive Electronics
25.12.1 Company Overview
25.12.2 Key Strategies
25.13 Panasonic
25.13.1 Company Overview
25.13.2 Key Strategies
25.14 Tokai Rika
25.14.1 Company Overview
25.14.2 Key Strategies
25.15 Voxx International
25.15.1 Company Overview
25.15.2 Key Strategies
26 Report Summary
26.1 Key Takeaways
26.2 Strategic Recommendation
26.3 Qualitative Summary
26.4 Quantitative Summary
26.4.1 Market by Geography
26.4.2 Market by Product
26.4.3 Market by End-Users
26.4.4 Market by Vehicle Type
27 Appendix
27.1 Abbreviations
Exhibit 1 Segmentation of Global Automotive Keyless Entry System Market
Exhibit 2 Market Size Calculation Approach 2017
Exhibit 3 Automotive Keyless Entry System Market Overview
Exhibit 4 GDP Growth 2010–2023 (Annual % Change)
Exhibit 5 Global GDP Growth 2017 (Annual % Change)
Exhibit 6 Dual-Income Households in US (1970 Vs. 2015)
Exhibit 7 Automotive Sales in APAC 2005–2016 (Million Units)
Exhibit 8 Automotive Sales in Mexico 2005−2016 (Million Units)
Exhibit 9 Automotive Sales in Brazil 2005−2016 (Million Units)
Exhibit 10 Global Connected Cars Market 2015−2023 ($ Billion)
Exhibit 11 Vehicle Thefts in US 2007−2016
Exhibit 12 Theft of Vehicles By Various Means In US 2010 And 2015
Exhibit 13 Electric Vehicle (EV, PHEV, & HEV) Sales In Select Countries 2013–2015
Exhibit 14 Evolution of Automotive Electronic Components
Exhibit 15 Product Life Cycle of Various Vehicle Entry Systems
Exhibit 16 Value Chain Analysis of Automotive Keyless Entry System Market
Exhibit 17 Global Automotive Market (Million Units) 2005−2023
Exhibit 18 Global Adoption of Vehicle Security System By 2023
Exhibit 19 Global Automotive Keyless Entry System Market 2015−2023 (Million Units)
Exhibit 20 ADAS System Functions in Vehicles
Exhibit 21 Initiatives by Various Governments To Encourage Safety Systems Using ADAS
Exhibit 22 Growth In Adoption Of Electronics Systems: Automotive Vis-À-Vis Other Industries: CAGR 2015−2023
Exhibit 23 Passenger Car Sales in Select Economies 2005−2016 (Million Units)
Exhibit 24 Life Cycle of Automotive Electrical Components
Exhibit 25 Factors Influencing Use Of Electronics in Automotive Application
Exhibit 26 PCB Application Matrix In Automotive Electronics
Exhibit 27 Evolution of Autonomous Parking System
Exhibit 28 Initiatives Taken By Governments and Transport Authorities on Safety
Exhibit 29 Global Urban and Rural Human Population 1950−2050 (Million)
Exhibit 30 Increase in Women Workforce In Japan 1985 Vs. 2014 (Million)
Exhibit 31 Smartphone Penetration in North America, Western Europe, And APAC 2010−2022
Exhibit 32 Growth in Labor Costs In Various Chinese Cities In 2016
Exhibit 33 Five Forces Analysis 2017
Exhibit 34 Automotive Keyless Entry Systems Market Size by Product Type (2017 & 2023)
Exhibit 35 Global Automotive Keyless Entry System Market: Product Overview
Exhibit 36 Global Automotive Keyless Entry System Market by Product Type 2017 & 2023
Exhibit 37 CAGR Comparison: RKE and PKE System 2017−2023
Exhibit 38 Global RKE System Market 2015−2023 (Million Units)
Exhibit 39 Global PKE System Market 2015−2023 (Million Units)
Exhibit 40 Automotive Keyless Entry Systems Market Size by End-User (2017 & 2023)
Exhibit 41 Automotive Keyless Entry System Market by End-User: Overview
Exhibit 42 Global Automotive Keyless Entry System Market by End-User 2017 & 2023
Exhibit 43 Global OEM-Fitted Automotive Keyless Entry System Market 2017–2023 (Million Units)
Exhibit 44 Global Automotive Keyless Entry System Aftermarket 2017–2023 (Million Units)
Exhibit 45 Automotive Keyless Entry Systems Market Size by Vehicle Type (2017 & 2023)
Exhibit 46 Automotive Keyless Entry System Market by Vehicle Type: Overview
Exhibit 47 Global Automotive Keyless Entry System Market by Vehicle Type 2017 & 2023
Exhibit 48 Global Passenger Cars Sales 2006−2016 (Million Units)
Exhibit 49 Global Automotive Keyless Entry System Market: Passenger Cars 2015−2023 (Million Units)
Exhibit 50 Global OEM-Fitted Automotive Keyless Entry System Market for Passenger Cars 2015−2023 (Million Units)
Exhibit 51 Global Automotive Keyless Entry System Aftermarket for Passenger Cars 2015−2023 (Million Units)
Exhibit 52 Global Automotive Keyless Entry System Market: LCVs 2015−2023 (Million Units)
Exhibit 53 Global OEM-Fitted Automotive Keyless Entry System Market For LCVs 2015−2023 (Million Units)
Exhibit 54 Average Lifespan of LCVs In Europe
Exhibit 55 Global Automotive Keyless Entry System Aftermarket for LCVs 2015−2023 (Million Units)
Exhibit 56 Global Automotive Keyless Entry System Market: HCVs 2015−2023 (Million Units)
Exhibit 57 Global OEM-Fitted Automotive Keyless Entry System Market for HCVs 2015−2023 (Million Units)
Exhibit 58 Global Automotive Keyless Entry System Aftermarket For HCVs 2015−2023 (Million Units)
Exhibit 59 Automotive Keyless Entry Systems Market Size by Geography (2017 & 2023)
Exhibit 60 Market Share of Geographies In Automotive Keyless Entry System Market 2017 & 2023
Exhibit 61 CAGRs Of Key Geographies 2017−2023
Exhibit 62 Annual Saving Ratio Of Us 2008−2017
Exhibit 63 Change In Us GDP Growth Rate (Q1 2006 − Q2 2016)
Exhibit 64 Automotive Keyless Entry System Market in North America 2015−2023 (Million Units)
Exhibit 65 Outlook Of Hybrid And EVs In North America - 2015, 2030, And 2050 (Thousand Units)
Exhibit 66 Automotive Electronics Market In North America 2010–2016 ($ Billion)
Exhibit 67 Automotive Sales in US 2005–2016 (Million Units)
Exhibit 68 Motor Vehicle Thefts in Us 2003−2016
Exhibit 69 Automotive Keyless Entry System Market in US 2015−2023 (Million Units)
Exhibit 70 Automotive Sales in Europe 2005−2016 (Million Units)
Exhibit 71 Changes in Per Capita Disposable Income in EU-27+1 Countries 2006−2015
Exhibit 72 Annual Saving Ratio of Western European Countries 2008−2017
Exhibit 73 Change in Annual Household Disposable Income In Europe 2008−2015 (%)
Exhibit 74 Automotive Keyless Entry System Market in Europe 2015−2023 (Million Units)
Exhibit 75 Automotive Sales In Germany 2005–2016 (Million Units)
Exhibit 76 Automotive Keyless Entry System Market in Germany 2015−2023 (Million Units)
Exhibit 77 Automotive Keyless Entry System Market in APAC 2015−2023 (Million Units)
Exhibit 78 Gross Domestic Savings Of Key APAC Countries 2008−2014 (Percentage Of Income)
Exhibit 79 Increase in Urban Population In APAC (Overall Population %) 2005−2045
Exhibit 80 Comparison of Southeast Asian Countries With Income Brackets 2010−2025
Exhibit 81 Automotive Sales in China 2005−2016 (Million Units)
Exhibit 82 Automotive Electronics Market In China 2010−2016 ($ Billion)
Exhibit 83 Urban Households in China: Income Breakup 2010−2020
Exhibit 84 Automotive Keyless Entry System Market in China 2015–2023 (Million Units)
Exhibit 85 Automotive Sales in Japan 2005−2016 (Million Units)
Exhibit 86 Automotive Keyless Entry System Market in Japan 2015–2023 (Million Units)
Exhibit 87 Automotive Sales in South Korea 2005−2016 (Million Units)
Exhibit 88 Automotive Keyless Entry System Market in South Korea 2015–2023 (Million Units)
Exhibit 89 Automotive Sales in Latin America (Million Units)
Exhibit 90 Automotive Keyless Entry System Market in Latin America 2015–2023 (Million Units)
Exhibit 91 Automotive Sales in Brazil 2005–2016 (Million Units)
Exhibit 92 Automotive Keyless Entry System Market In Brazil 2015–2023 (Million Units)
Exhibit 93 Automotive Sales In Mea 2005–2016 (Million Units)
Exhibit 94 Automotive Keyless Entry System Market In MEA 2015–2023 (Million Units)
Exhibit 95 Overview Of Market Concentration In Geographies 2017 (As Illustrated By HHI)
Exhibit 96 Global Automotive Keyless Entry System Market By Vendor Share 2017
List Of Tables
Table 1 Key Geographies Definition
Table 2 Key Caveats
Table 3 Currency Conversion 2013−2017
Table 4 Real GDP Per Capita Growth In Various Developing Countries 2013–2016
Table 5 Keyless Entry Technology Offered By Various OEMs
Table 6 YOY Impact Of Market Growth Enablers 2017−2023
Table 7 YOY Impact Of Market Growth Enablers On Regions 2017
Table 8 YOY Impact Of Market Growth Restraints 2017−2023
Table 9 YOY Impact Of Market Growth Restraints On Regions 2017
Table 10 YOY Impact Of Market Opportunities & Trends 2017−2023
Table 11 YOY Impact Of Market Opportunities & Trends On Regions 2017
Table 12 Frequency Range And Maximum Power For Various Automotive Application
Table 13 Adoption Rate Of Various Automotive Security Systems
Table 14 Additional Electronic Components Required In EVs And HEVs
Table 15 Average Minimum Wages In Various APAC Countries
Table 16 OEM-Fitted Automotive Keyless Entry System Market By Vehicle Type 2015−2023 (Million Units)
Table 17 Automotive Keyless Entry System Aftermarket By Vehicle Type 2015−2023 (Million Units)
Table 18 Taiwanese Government’s Road Map For Automotive Electronics
Table 19 Adoption Rate Of Safety Systems By OEMs For APAC Market
Table 20 Top Export Industries In South Korea 2016
Table 21 Latin America By Key Macroeconomic Factors 2015
Table 22 Population Demographics In Middle Eastern Countries 2014–2015
Table 23 List Of Top Automotive Electronics Manufacturers In Africa 2016
Table 24 Aptiv: Product Offerings
Table 25 Continental: Product Offerings
Table 26 Hella: Product Offerings
Table 27 Valeo: Product Offerings
Table 28 ZF TRW Automotive: Product Offerings
Table 29 Qualitative Summary Of Global Automotive Keyless Entry System Market
Table 30 Quantitative Summary Of Market By Regions (Million Units)
Table 31 Quantitative Summary Of Market By Geography 2017−2023 (%)
Table 32 Quantitative Summary Of Market By Product Types 2017–2023 (Million Units)
Table 33 Quantitative Summary Of Market By Product Type 2017−2023 (%)
Table 34 Quantitative Summary Of Market By End-Users 2017–2023 (Million Units)
Table 35 Quantitative Summary Of Market By End-Users 2017−2023 (%)
Table 36 Quantitative Summary Of Market By Vehicle Type 2017–2023 (Million Units)
Table 37 Quantitative Summary Of Market By Vehicle Type 2017−2023 (%)

Automotive Keyless Entry System Market - Global Outlook and Forecast 2018-2023

This market research report on automotive keyless entry system market offers analysis on market size & forecast, market share, industry trends, growth drivers, and vendor analysis. The market study also includes insights on segmentation by product (RKE systems and PKE systems), by end-user type (OEM market and aftermarket), vehicle type (passenger cars, LCVs, and HCVs), and by geography (APAC, Europe, North America, Latin America, and MEA).

Automotive Keyless Entry System Market - Overview

The introduction of high-end advanced electronic entry systems using integrated circuits that communicate through electromagnetic signals to lock or unlock the vehicle door is propelling the growth of the automotive keyless entry system market. The increasing proliferation of automotive electronic solutions that offer consumers centralized controls and seamless exchange of data among various systems will revolutionize the automotive industry. The rising demand for connected cars and integration of smartphones will encourage vendors to launch advanced and integrated electronic systems in the global market. Furthermore, the increasing regulatory policies that focus on vehicular safety is driving the global automotive security market. The adoption of vehicle security systems in developed nations such as the US and Western Europe and emerging nations such as China and India will boost the demand for these systems in the global market. The implementation of telematics, keyless entry systems, digital clusters, and high-end infotainment systems is gaining immense traction in the global automotive market.

The leading OEMs are focusing on introducing these vehicular safety systems in the mass mid-segment vehicles such as hatchbacks and light commercial vehicles to attract more consumers and sustain the competition in the global market. The development of innovative and advanced technology will create lucrative opportunities for key players in the industry. The global automotive keyless entry system market is estimated to grow at CAGR of over 7% during 2017-2023.

Automotive Keyless Entry System Market - Dynamics

The growing demand for entry-and-go keyless systems is driving the growth of the global automotive keyless entry system market. The increasing focus to expand the functionality of these systems by integrating it to other vehicle components will initiate the launch of new product portfolios in the market. The evolution of automotive electronics enabled vendors to design the modern-day ignition system and transformed it into a push button. This system is integrated with ignition system which receives singles from the key fob to activate the ignition. Such high-end systems will transform the automotive industry during the forecast period. The research analysts at Arizton states that the adoption rate of the keyless entry-and-go system in the luxury car segment reached over 90% in 2017.

Automotive Keyless Entry System Market - Segmentation
This market research report includes a detailed segmentation of the market by products, end-user type, vehicle type, and geography.

Automotive Keyless Entry System Market – By Product
RKE systems to occupy the largest automotive keyless entry system market size during the forecast period

The automotive keyless entry system market by products is segmented into RKE systems and PKE systems. Remote keyless entry (RKE) systems dominate the market share in 2017 and are projected to grow at a CAGR of around 6% during the forecast period. The increasing investments to improve the RKE technology to develop systems that used high-range frequency signals to operate is propelling the growth of this segment in the global market. The adoption of advanced RKE systems in the LCV and HCV vehicle segment will propel the demand for these systems and help leading vendors to gain a larger share in the global market. The OEMs are also developing systems with high functionality and added safety features to sustain the competition in the market. Furthermore, it is estimated the passive keyless entry (PKE) systems will gain traction in the global market over the next few years.

Automotive Keyless Entry System Market – By End-User Type
OEMs to control the largest automotive keyless entry system market size during the forecast period

The end-user type segment in the automotive keyless entry system market is classified into OEM market and aftermarket. OEM segment dominated the majority market share in 2017 and is estimated to grow at a CAGR of over 6% during the forecast period. The increasing economic growth, implementation of safety regulations, and dynamic consumers buying patterns are some of the factors attributing to the growth of this market segment. The LCVs and HCVs vehicle segment are the revenue contributor in the OEM market. The leading OEMs are changing their marketing and advertising strategies to attract consumers in the car sharing, carpooling, and taxi services market segment. The introduction of digital key integrated with smartphones eliminating the need for a physical exchange will transform the automotive market.

Automotive Keyless Entry System Market – By Vehicle Type
Passenger cars segment to dominate the automotive keyless entry system market size during the forecast period

The automotive keyless entry system market by vehicle type is classified into passenger cars, LCVs, and HCVs. The passenger car segment was the largest user of these systems in the market in 2017 and is anticipated to grow at a CAGR of more than 7% during the forecast period. The exponential economic development of the emerging nations of the APAC countries such as China, India, Indonesia, South Korea, Thailand, and Vietnam is propelling the growth of this segment in the global market. The steady growth of GDP in these countries and rise of the disposable income will boost the demand for keyless systems in the passenger cars in this region. The prominent players are introducing advanced features in the area of safety, security, propulsion, connectivity, and environment for passenger cars to attract more consumers and sustain the competition in the global market.

Automotive Keyless Entry System Market – By Geography
North America to lead the automotive keyless entry system market size during the forecast period

The geographical segment in the automotive keyless entry system market consists of APAC, Europe, North America, Latin America, and MEA. North America dominated the market share in 2017 and is projected to grow at a CAGR of over 6% during the forecast period. The growing demand for electric vehicles and hybrid vehicles in the US and Canada is fueling the development of the market in North America. The growing need for advanced and sophisticated electronic solutions will revolutionize the automotive industry in North America. The US, Canada, and Mexico are the largest revenue contributors in the North American market. The launch of electric and hybrid powertrain-based vehicles will boost the demand for advanced systems in the North American market during the forecast period.

Key Countries Profiled
The key countries profiled in the report are:
US
Germany
China
Japan
South Korea
Brazil

Key Vendor Analysis
The rapid technological advancement and upgrades are intensifying the competition in the global automotive keyless entry system market. The key vendors are leveraging technology to create a unique value proposition to sustain the competition in the global market. The market is highly fragment, and the top players dominated over 50% of the total market share. The introduction of sophisticated systems with high functionality and designs will help companies attract larger consumer base and expand their businesses to new regions in the global market. The increasing number of M&A. R&D activities and commercialization of systems will boost the revenues in the global market over next few years.

The major vendors in the global market are:
Aptiv
Continental AG
Hella
Valeo
ZF TRW Automotive

Other prominent vendors include Advanced Keys, Alps Electric, Bosch, Calsonic Kansei, Denso, Directed Electronics, Hyundai Mobis, Lear Corporation, Marquardt, Microchip Corporation (Atmel), Mitsubishi Electric, OMRON Automotive Electronics, Panasonic, Tokai Rika, and Voxx International.

Key market insights include
1. The analysis of automotive keyless entry system market provides market size and growth rate for the forecast period 2018-2023.
2. It offers comprehensive insights on current industry trends, trend forecast, and growth drivers about the automotive keyless entry system market.
3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.
4. It offers a complete overview of market segments and the regional outlook for automotive keyless entry system market.
5. The report offers a detailed overview of the vendor landscape, competitive analysis, and key market strategies to gain competitive advantage.

Report Snapshot

According to the latest industry analysis by Arizton, the global automotive keyless entry system market size is growing at an impressive CAGR of over 7% 2018–2023. The market research report provides in-depth market analysis and segmental analysis of the automotive keyless entry system market by product, end-user type, vehicle type, and geography.

The growing demand for sophisticated automotive electronic systems is propelling the growth of the global automotive keyless entry system market. The implementation of stringent safety regulations by government bodies across the world will attribute to the demand for these systems in the global market.

Base Year: 2017
Forecast Year: 2018–2023

The report considers the present scenario of the global automotive keyless entry system market and its market dynamics for the period 2018−2023. It covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes the leading companies and various other prominent companies operating in the market.

Major Vendors in the Automotive Keyless Entry System Market
Aptiv
Business Overview
Business Segment
Aptiv in Market
Major Product Offerings
Key Strengths
Key Strategies
Key Opportunities
Continental
Hella
Valeo
ZF TRW Automotive

Prominent Players in the Automotive Keyless Entry System Market
Advanced Keys
Company Overview
Key Strategies
Alps Electric
Bosch
Calsonic Kansei
Denso
Directed Electronics
Hyundai Mobis
Lear Corporation
Marquardt
Microchip Corporation (ATMEL)
Mitsubishi Electric
OMRON Automotive Electronics
Panasonic
Tokai Rika
Voxx International

Market Segmentation by Product
RKE System
PKE System

Market Segmentation by End-User Type
OEM Market
Aftermarket

Market Segmentation by Vehicle Type
Passenger Cars
LCVs
HCVs

Market Segmentation by Geography
North America
US
Europe
Germany
APAC
China
Japan
South Korea
Latin America
Brazil
MEA


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