GVR Report cover Keyless Vehicle Access Control Systems Market Report

Keyless Vehicle Access Control Systems Market Analysis, Market Size, Application, Analysis, Regional Outlook, Competitive Strategies, And Segment Forecasts, 2015 To 2022

  • Report ID: GVR2273
  • Number of Pages: 0
  • Format: Electronic (PDF)

The global keyless vehicle access control systems market is expected to be driven by increased automotive production and sales, especially in developing countries. Improvement in transportation and communication infrastructure coupled with the rising awareness of new technologically advanced features is expected to favorably impact market growth. Keeping check over price volatility of raw materials such as semiconductors and other electronic components is expected to pose a challenge to the original equipment manufacturers (OEMs). Considerable technological development has led to incorporation of features such as long-range communication, vehicle temperature information, and car security in keyless vehicle access systems.

The keyless vehicle access control systems market can be segmented into Passive Keyless Entry Systems (PKES) and Remote Keyless Entry Systems (RKES) wherein the systems work on the radio frequency identification principle. These passive and remote systems are combined with the “entry and go” as well as “keyless go” systems which remove the need for the usual ignition lock. Furthermore, the system can be used for applications such as light control, car alarms, opening the tailgate, tire pressure monitoring systems, front & rear seat settings, and storing multimedia files. Additionally, it can also be paired with smartphones via Bluetooth for various applications.

PKES are poised for high growth over the forecast period by providing convenience and luxury to consumers around the world. With technological advancements in door latch systems, PKES are anticipated to offer cost-effective solutions to the automakers as well as the suppliers. PKES also enhances car users’ convenience by supporting easy entry/exit of the car. The systems utilize sensors on all door handles. RKES is engaged in providing driver convenience through unlocking/locking of the car and also starting the engine through encrypted communication without touching the key. At present, the system is involved in one-way communication, from the key fob transmitter to the receiver in the car whereas, in future, the RKES is likely to introduce two-way transmission for enabling the vehicle status such as fuel level or lock/unlock to be displayed on the key fob. RKES are the main feature in most of the new vehicles particularly, in all cars ranging from the low-end compact economy cars to the mid-to-high-end cars. PKES are higher-up in the access systems and automotive security with their applications in expensive vehicle models, such as sports cars and SUVs. Moreover, nearly a small percentage of luxury cars come pre-installed with the PKE systems.

Emerging economies such as Eastern Europe, Asia, and Latin America are expected to exhibit a higher penetration rate in the commercial as well as the passenger vehicle market. In terms of revenue, Asia Pacific is expected to witness significant growth over the forecast period owing to the rising demand for automobiles. Although, North America is one of the key markets for keyless vehicle access control systems, over the forecast period it is expected to witness stagnancy in automotive production as well as its demand. Additionally, in comparison to PKE systems, RKES has a higher penetration rate of the total North American access control market but, the PKES is expected to witness a lower penetration rate over the forecast period on account of the realization of the revenue gains to the suppliers as well as automakers.

Leading companies emphasize on research & development activities as well as developing technically advanced and cost-effective products. Prominent market players include Alps Automotive Inc., TRW Automotive Holdings Corporation, Calsonic Kansei Corporation, Lear Corporation, Delphi Automotive LLP, Mitsubishi Electric Group, Atmel Corporation, Valeo S.A., Continental Automotive GmbH, Omron Automotive Electronics Co. Ltd., Marquardt Switches Inc., and Denso Corporation.

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