Vehicle access control market is anticipated to witness growth primarily owing to the rise in demand for improved security features in vehicles across the world. Companies globally are observed to be restricting the access to the vehicles through various technologies essentially due to increasing vehicle theft and inability to locate the vehicle after the theft.
Vehicle access control includes entry and/or exit from the vehicle without the use of conventional keys. It also refers to being able to access various features of the vehicle, such as igniting the engine, among others, from a remote distance approximately up to 100-200 meters. These access features are incorporated in vehicles using various technologies such as biometric, non-biometric, RFID, and Bluetooth, among others. Also, these technologies are capable to authenticate another user from a distance to access the vehicle by sending a virtual key over the smartphone.
Biometric vehicle access systems use various sensors and algorithms to authenticate the user of the vehicle. These sensors are ideally used for fingerprint recognition, face recognition, iris recognition, and voice recognition among others that ultimately identify the person who is the primary user or the secondary user of the vehicle. Further, through the use of smartphones, other features of the vehicle such as, infotainment systems can be controlled even from outside the vehicle.
Non-biometric vehicle access systems include keyless entry and/or exit from the vehicle, stolen vehicle assist, alarm, steering wheel lock, among others, that can be used to restrict the vehicle movement from one place to another. For instance, this technology is used by car rental companies to restrict the access or movement of the car to the renter after violation of the terms & conditions.
Moreover, there are various other technologies that are used to control the access of the vehicle including, RFID, Bluetooth, and others. These technologies usually require a smartphone or a tag, in order to put them to use and to control the entry and exit of the vehicle from any commercial or residential building. These technologies are also used to restrict the access of any third person into the vehicle.
The abovementioned technologies, including radio frequency identification (RFID) uses tags that are placed on the vehicle to grant access through toll ways, commercial buildings, among others. Commercial buildings are investing in implementing the technology to reduce the safety & security cost of the buildings. Similarly, toll ways implement RFIDs to reduce the transaction time thereby improving traffic management. Such advantages offered by these technologies are anticipated to impact the vehicle access control market growth positively over the forecast period.
Vehicle access control equipment is observed to be available in the high-end vehicle segment which is a major restraint in the growth of the market. However, companies are observed to be investing in research and development in order to bring down the component & technology cost thereby reducing the overall cost of technology implementation. This will enable the automobile companies to incorporate the technology in the mid-segment vehicles thereby reducing the impact of this factor on the market growth.
North America region is expected to hold a dominating position in the vehicle access control market. The U.S. and Canada are driving the growth of the region owing to the early adoption of technology fuelled by the increasing instances of vehicle theft. Sales of mid-segment cars has been observed to be the highest in the Asia Pacific region. Reduction in equipment cost is expected to improve the penetration of vehicle access control systems in the cars sold regionally which is a primary reason because of which Asia Pacific region is anticipated to register highest growth rate over the forecast period.
Prominent players in the vehicle access control industry are Continental AG, Robert Bosch Gmbh, Hella GmbH, Valeo, Smartrac N.V., STMicroelectronics, Fingerprints, Lear Corporation, NXP Semiconductors, Alps Electric Group, Nuance Corporation, Inc., Irdeto, and Omron Corporation.
Avail customized purchase options to meet your exact research needs:
Get your queries resolved from an industry expert.
Design an exclusive study to serve your research needs.
A testimonial for service in the form of BBB "A" Accreditation.
Your personal and confidential information is safe and secure.
"The quality of research they have done for us has been excellent..."