Market Research Logo

Global Automotive Locking System Market 2017-2021

Global Automotive Locking System Market 2017-2021

About Automotive Locking System

. Automotive locking systems are used to unlock and lock the doors of the vehicle. Automotive door locking systems can be classified into automatic and manual locking systems. Automatic automotive locking mainly involves remote controlled electric central or individual locking system with or without key-less door locking and unlocking. Automatic locking system using remote mainly has a transmitter integrated within the ignition of the vehicle. The customer need not carry extra equipment apart from the keys used for starting the vehicle engine.

Technavio’s analysts forecast the global automotive locking system market to grow at a CAGR of 4.31% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive locking system market for 2017-2021. To calculate the market size, the report considers the global sales volume of commercial vehicles and passenger cars.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Automotive Locking System Market 2017-2021, 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
  • Valeo
  • DENSO
  • Robert Bosch
Other prominent vendors
  • Brose
  • Mitsuba
  • Steelmate
Market driver
  • Growing preference for M&HCVs for transporting freight
  • For a full, detailed list, view our report
Market challenge
  • Increased government regulations for owning cars
  • For a full, detailed list, view our report
Market trend
  • Smartphone applications for remotely locking and unlocking cars
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Automotive Locking System Market 2017-2021

Technavio recognizes the following companies as the key players in the global automotive locking system market: Valeo, DENSO, and Robert Bosch

Other Prominent Vendors in the market are: Brose, Mitsuba, and Steelmate.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is smartphone applications for remotely locking and unlocking cars. Increasing popularity of smartphones and mobile applications are driving customers to establish more connectivity with technology to have more control over the electronic features in their vehicle. Car manufacturers, like Chevrolet, BMW, Toyota, Nissan, and Hyundai, have developed mobile applications compatible with Android and Apple software, using smartphones to share control over certain vehicle features with the customers.”

According to the report, one of the major drivers for this market is growing preference for M&HCVs for transporting freight. Freight operators largely prefer roadways for transporting freight as these are convenient than railways, cheaper than air transportation, and faster than freight transport through waterways.

Further, the report states that one of the major factors hindering the growth of this market is increased government regulations for owning cars. Government regulations have a significant impact on the automotive business to the extent of exerting tremendous influence in the sale of cars in the market. Since the demand for automotive is directly correlated with the demand for automotive locking systems, challenges faced in the sales of automotive are also a potential threat to the automotive locking system market.

Companies Mentioned

Valeo, DENSO, Robert Bosch, Brose, Mitsuba, and Steelmate.

  • Executive summary
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Segmentation of global automotive locking system market
    • Market size and forecast
      • Table Global automotive locking system market 2016-2021 (millions of units)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by vehicle type
    • Table Segmentation of global automobile locking system market by vehicle type
    • Table Automotive locking system market segmentation by vehicle type 2016-2021 (millions of units)
    • Table Automotive locking system market segmentation by vehicle type 2016-2021 (% share)
    • Global automotive locking system market in passenger cars
      • Table Global automotive locking system market in passenger cars 2016-2021 (millions of units)
    • Global automotive locking system market in LCVs
    • Global automotive locking system market in M&HCVs
      • Table Global automotive locking system market in M&HCVs 2016-2021 (millions of units)
  • Geographical segmentation
    • Global automotive locking system market by geography
      • Table Global automotive locking system market by geography 2016 (% share)
      • Table Global automotive locking system market by geography 2016-2021 (millions of units)
      • Table Global automotive locking system market by geography 2016-2021 (% share)
    • Automotive locking system market in APAC
      • Table Automotive locking system market in APAC 2016-2021 (millions of units)
    • Automotive locking system market in Americas
      • Table Automotive locking system market in Americas 2016-2021 (millions of units)
    • Automotive locking system market in EMEA
      • Table Automotive locking system market in EMEA 2016-2021 (millions of units)
  • Key leading countries
    • Key leading countries: US and China
      • Table Key leading countries in global automotive locking system market
  • Market drivers
    • Low penetration of passenger cars in emerging countries
    • Growing preference for M&HCVs for transporting freight
    • Increase in the sales of SUVs and crossovers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Increased government regulations for owning cars
    • Rise in number of car-sharing services
    • Escalation in number of on-demand taxi operators
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Smartphone applications for remotely locking and unlocking cars
    • Proximity sensors for keyless unlocking
    • Growing convergence of comfort features with locking systems
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • Valeo
      • Table Valeo: Business segmentation
      • Table Valeo: Business segmentation by revenue 2016 (% share)
      • Table Valeo: Geographical segmentation by revenue 2016 (% share)
    • Recent developments
      • Table Valeo: Recent developments
    • DENSO
      • Table DENSO: Product portfolio
      • Table DENSO: Business segmentation by revenue 2016 (% share)
      • Table DENSO: Revenue segmentation in automotive 2016 (% share)
      • Table DENSO: Geographical segmentation by revenue 2016 (% share)
    • Recent developments
      • Table DENSO: Recent developments
    • Robert Bosch
      • Table Robert Bosch: Automotive product offerings
      • Table Robert Bosch: Business segmentation by revenue 2016 (% share)
      • Table Robert Bosch: Geographical segmentation by revenue 2016 (% share)
    • Recent developments
      • Table Robert Bosch: Recent developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report