Vehicle Access Control Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Description
Growth Factors of Vehicle Access Control Market
The global vehicle access control market size was valued at USD 9.61 billion in 2019 and is projected tgrow tUSD 19.3 billion by 2032, exhibiting a CAGR of 6.0% during the forecast period of 2020-2032.
The COVID-19 pandemic significantly impacted the Vehicle Access Control Market, causing disruptions in the car delivery chain and production sports due tlockdowns and restrictions. Reduced vehicle income and delays in infrastructure tasks alshindered the vehicle access control market growth.
The Vehicle Access Control Market is driven by the developing call for advanced protection systems tprevent theft and unauthorized access. The rising adoption of related cars and growing integration of biometric technology, together with fingerprint and facial popularity, alsimprove the marketplace.
The vehicle access manipulation market is experiencing an extensive boom, pushed via growing security issues, advancements in the era, and the rising demand for convenient and steady entry tanswers, leading tthe expansion of the vehicle access control market share globally. Key traits include the combination of superior technology like biometric authentication (fingerprint, facial recognition), cloud-based structures for faraway tracking and management, and the increasing adoption of mobile-based totally access answers, inclusive of phone apps and keyless entry systems.
Comprehensive Analysis of Vehicle Access Control Market
The Vehicle Access Control Market is segmented by type, era, and vehicle type. Based on type, the market consists of biometric systems, which are growing hastily because of improvements like fingerprint and facial reputation, and non-biometric structures, which are popular for fee-effective solutions like audible alarms and keyless access. By era, RFID dominates due tits affordability and ease of deployment, even as NFC is gaining traction for stable and occasional-fee smartphone or card-based access. By automobile type, passenger motors lead the market due tthe considerable adoption of non-biometric systems, with the commercial car segment growing due trising demand for theft prevention capabilities in fleet operations.
The North America region led the vehicle access control market by benefitting a USD 3.47 billion in 2019 due tthe growing vehicle thefts; there's an ever-increasing demand for superior protection features, electronic immobilizers, and keyless access.
The leading players in the Vehicle Access Control Market significantly influence its growth trajectory and set industry standards. These key players, including Continental AG (Hanover, Germany), Robert Bosch GmbH (Gerlingen, Germany), DensCorporation (Aichi, Japan), Vale(Paris, France), Nuance Communications, Inc. (Massachusetts, U.S.), Lear Corporation (Michigan, U.S.), Mitsubishi Electric Corporation (Tokyo, Japan), and NXP Semiconductors (Eindhoven, Netherlands), contribute ta competitive landscape, driving innovation and market advancement. Their advancements in vehicle access technologies, such as biometric systems, RFID, and keyless entry solutions, are pivotal in shaping the future of secure vehicle access.
In June 2020, Tesla added a brand new vehicle tget entry tfunction, permitting four additional people, apart from the proprietor, tunencumber and access the car using Tesla's smartphone app.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2016-2027
Base Year 2019
Forecast Period 2020-2027
Historical Period 2016-2018
Unit Value (USD Million) & Volume (Thousand Units)
Segmentation By Type
Biometric System
Non-Biometric System
By Technology
RFID
NFC
Bluetooth
Others
By Vehicle Type
Passenger Car
Commercial Vehicle
By Geography
North America (U.S., Canada, and Mexico)
Europe (U.K., Germany, France, and Rest of Europe)
Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia- Pacific)
Rest of the World
The global vehicle access control market size was valued at USD 9.61 billion in 2019 and is projected tgrow tUSD 19.3 billion by 2032, exhibiting a CAGR of 6.0% during the forecast period of 2020-2032.
The COVID-19 pandemic significantly impacted the Vehicle Access Control Market, causing disruptions in the car delivery chain and production sports due tlockdowns and restrictions. Reduced vehicle income and delays in infrastructure tasks alshindered the vehicle access control market growth.
The Vehicle Access Control Market is driven by the developing call for advanced protection systems tprevent theft and unauthorized access. The rising adoption of related cars and growing integration of biometric technology, together with fingerprint and facial popularity, alsimprove the marketplace.
The vehicle access manipulation market is experiencing an extensive boom, pushed via growing security issues, advancements in the era, and the rising demand for convenient and steady entry tanswers, leading tthe expansion of the vehicle access control market share globally. Key traits include the combination of superior technology like biometric authentication (fingerprint, facial recognition), cloud-based structures for faraway tracking and management, and the increasing adoption of mobile-based totally access answers, inclusive of phone apps and keyless entry systems.
Comprehensive Analysis of Vehicle Access Control Market
The Vehicle Access Control Market is segmented by type, era, and vehicle type. Based on type, the market consists of biometric systems, which are growing hastily because of improvements like fingerprint and facial reputation, and non-biometric structures, which are popular for fee-effective solutions like audible alarms and keyless access. By era, RFID dominates due tits affordability and ease of deployment, even as NFC is gaining traction for stable and occasional-fee smartphone or card-based access. By automobile type, passenger motors lead the market due tthe considerable adoption of non-biometric systems, with the commercial car segment growing due trising demand for theft prevention capabilities in fleet operations.
The North America region led the vehicle access control market by benefitting a USD 3.47 billion in 2019 due tthe growing vehicle thefts; there's an ever-increasing demand for superior protection features, electronic immobilizers, and keyless access.
The leading players in the Vehicle Access Control Market significantly influence its growth trajectory and set industry standards. These key players, including Continental AG (Hanover, Germany), Robert Bosch GmbH (Gerlingen, Germany), DensCorporation (Aichi, Japan), Vale(Paris, France), Nuance Communications, Inc. (Massachusetts, U.S.), Lear Corporation (Michigan, U.S.), Mitsubishi Electric Corporation (Tokyo, Japan), and NXP Semiconductors (Eindhoven, Netherlands), contribute ta competitive landscape, driving innovation and market advancement. Their advancements in vehicle access technologies, such as biometric systems, RFID, and keyless entry solutions, are pivotal in shaping the future of secure vehicle access.
In June 2020, Tesla added a brand new vehicle tget entry tfunction, permitting four additional people, apart from the proprietor, tunencumber and access the car using Tesla's smartphone app.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2016-2027
Base Year 2019
Forecast Period 2020-2027
Historical Period 2016-2018
Unit Value (USD Million) & Volume (Thousand Units)
Segmentation By Type
Biometric System
Non-Biometric System
By Technology
RFID
NFC
Bluetooth
Others
By Vehicle Type
Passenger Car
Commercial Vehicle
By Geography
North America (U.S., Canada, and Mexico)
Europe (U.K., Germany, France, and Rest of Europe)
Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia- Pacific)
Rest of the World
Table of Contents
200 Pages
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Merger, Acquisitions, and Partnerships
- 4.2. Distributor Analysis – For Major Players
- 4.3. Growth and Penetration Analysis
- 4.4. Porter’s Five Forces Analysis
- 4.5. PEST Analysis
- 4.6. Vendor Landscape
- 5. Global Vehicle Access Control Market Analysis, Insights and Forecast, 2016-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Biometric System
- 5.2.2. Non-Biometric System
- 5.3. Market Analysis – By Technology
- 5.3.1. RFID
- 5.3.2. NFC
- 5.3.3. Bluetooth
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast – By Vehicle Type
- 5.4.1. Passenger Car
- 5.4.2. Commercial Vehicle
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Rest of the World
- 6. North America Vehicle Access Control Market Analysis, Insights and Forecast, 2016-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis – By Type
- 6.2.1. Biometric System
- 6.2.2. Non-Biometric System
- 6.3. Market Analysis – By Technology
- 6.3.1. RFID
- 6.3.2. NFC
- 6.3.3. Bluetooth
- 6.3.4. Others
- 6.4. Market Analysis – By Vehicle Type
- 6.4.1. Passenger Car
- 6.4.2. Commercial Vehicle
- 6.5. Market Analysis – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
- 6.5.3. Mexico
- 7. Europe Vehicle Access Control Market Analysis, Insights and Forecast, 2016-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis – By Type
- 7.2.1. Biometric System
- 7.2.2. Non-Biometric System
- 7.3. Market Analysis – By Technology
- 7.3.1. RFID
- 7.3.2. NFC
- 7.3.3. Bluetooth
- 7.3.4. Others
- 7.4. Market Analysis – By Vehicle Type
- 7.4.1. Passenger Car
- 7.4.2. Commercial Vehicle
- 7.5. Market Analysis – By Country
- 7.5.1. U.K.
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Rest of Europe
- 8. Asia Pacific Vehicle Access Control Market Analysis, Insights and Forecast, 2016-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis – By Type
- 8.2.1. Biometric System
- 8.2.2. Non-Biometric System
- 8.3. Market Analysis – By Technology
- 8.3.1. RFID
- 8.3.2. NFC
- 8.3.3. Bluetooth
- 8.3.4. Others
- 8.4. Market Analysis – By Vehicle Type
- 8.4.1. Passenger Car
- 8.4.2. Commercial Vehicle
- 8.5. Market Analysis – By Country
- 8.5.1. China
- 8.5.2. Japan
- 8.5.3. India
- 8.5.4. South Korea
- 8.5.5. Rest of Asia Pacific
- 9. Rest of the World Vehicle Access Control Market Analysis, Insights and Forecast, 2016-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis – By Type
- 9.2.1. Biometric System
- 9.2.2. Non-Biometric System
- 9.3. Market Analysis – By Technology
- 9.3.1. RFID
- 9.3.2. NFC
- 9.3.3. Bluetooth
- 9.3.4. Others
- 9.4. Market Analysis – By Vehicle Type
- 9.4.1. Passenger Car
- 9.4.2. Commercial Vehicle
- 10. Competitive Analysis
- 10.1. Key Industry Developments
- 10.2. Global Market Share Analysis (2019)
- 10.3. Competition Dashboard
- 10.4. Comparative Analysis – Major Players
- 10.5. Company Profiles (Overview, Products & services, SWOT analysis, Recent developments, strategies, financials (based on availability))
- 10.5.1. Continental AG (Hanover, Germany)
- 10.5.1.1. Overview,
- 10.5.1.2. Products & services,
- 10.5.1.3. SWOT analysis,
- 10.5.1.4. Recent developments,
- 10.5.1.5. strategies,
- 10.5.1.6. financials (based on availability)
- 10.5.2. Robert Bosch GmbH (Gerlingen, Germany)
- 10.5.2.1. Overview,
- 10.5.2.2. Products & services,
- 10.5.2.3. SWOT analysis,
- 10.5.2.4. Recent developments,
- 10.5.2.5. strategies,
- 10.5.2.6. financials (based on availability)
- 10.5.3. Denso Corporation (Aichi, Japan)
- 10.5.3.1. Overview,
- 10.5.3.2. Products & services,
- 10.5.3.3. SWOT analysis,
- 10.5.3.4. Recent developments,
- 10.5.3.5. strategies,
- 10.5.3.6. financials (based on availability)
- 10.5.4. Valeo (Paris, France)
- 10.5.4.1. Overview,
- 10.5.4.2. Products & services,
- 10.5.4.3. SWOT analysis,
- 10.5.4.4. Recent developments,
- 10.5.4.5. strategies,
- 10.5.4.6. financials (based on availability)
- 10.5.5. Nuance Communications, Inc. (Massachusetts, US)
- 10.5.5.1. Overview,
- 10.5.5.2. Products & services,
- 10.5.5.3. SWOT analysis,
- 10.5.5.4. Recent developments,
- 10.5.5.5. strategies,
- 10.5.5.6. financials (based on availability)
- 10.5.6. Lear Corporation (Michigan, US)
- 10.5.6.1. Overview,
- 10.5.6.2. Products & services,
- 10.5.6.3. SWOT analysis,
- 10.5.6.4. Recent developments,
- 10.5.6.5. strategies,
- 10.5.6.6. financials (based on availability)
- 10.5.7. Mitsubishi Electric Corporation (Tokyo, Japan)
- 10.5.7.1. Overview,
- 10.5.7.2. Products & services,
- 10.5.7.3. SWOT analysis,
- 10.5.7.4. Recent developments,
- 10.5.7.5. strategies,
- 10.5.7.6. financials (based on availability)
- 10.5.8. NXP Semiconductors (Eindhoven, Netherlands)
- 10.5.8.1. Overview,
- 10.5.8.2. Products & services,
- 10.5.8.3. SWOT analysis,
- 10.5.8.4. Recent developments,
- 10.5.8.5. strategies,
- 10.5.8.6. financials (based on availability) "
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