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The global automotive keyless entry system market is estimated to grow at CAGR of over 7% during 2017-2023.
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Automotive Keyless Entry System Market 2 0 1 8 - 2 0 23
Contents MarketOverview MarketDynamics GeographicalAnlysis Trends Segments TopVendors ContactUs
MarketOverview TheleadingOEMsarefocusingonintroducing these vehicular safety systems in the mass mid-segmentvehiclessuchashatchbacksand light commercial vehicles to attract more consumersandsustainthecompetitioninthe globalmarket. The rising demand for connected cars and integration of smartphones will encourage vendors to launch advanced and electronic systemssuchaskeylessvehicleaccesscontrol systemintheglobalmarket. Thedevelopmentofinnovativeandadvanced technologywillcreatelucrativeopportunities forkeyplayersintheindustry. Theglobalautomotivekeylessentrysystem marketisestimatedtogrowatCAGRofover 7% during2017-2023.
MarketDynamics The evolution of automotive electronicsenabled vendorsto 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 automotiveindustry during the forecast period. The adoption rate of the keyless entry-and-go system in the luxury car segment reached over 90% in2017. • • • AsperresearchanalystinArizton Read FullReport
GeographicalAnalysis The growing demand for electric vehicles andhybridvehiclesintheUSandCanadais fueling the development of the market in NorthAmerica. The growing need for advanced and sophisticated electronic solutions such as ADAS, telematics, and infotainment systemswillrevolutionizetheautomotive industryinNorthAmerica. TheUS,Canada,andMexicoarethelargest revenuecontributorsintheNorthAmerican market. The launch of electric and hybrid powertrain-based vehicles will boost the demandforadvancedsystemsintheNorth American market during the forecast period.
TopTrends G R O W ING E L E C T R I F I C A T ION OF A U T O M O T IVE M E C H A N I CS G R O W I NG V E H I C LE A D O P T ION OF A U T O M A T IC I D E N T I F I C A T ION ( A VI) S Y S T E MS G R O W I NG K E Y L E SS D E M A ND S Y S T E MS FOR E N T R Y - A N D - GO S H I F T ING C O N S U M ER C O N N E C TE D C A RS F O C US ONHYBRI D & enquiry@arizton.com
Segmentation TheadoptionofadvancedRKEsystemsinthe LCVandHCVvehiclesegmentwillpropelthe demand for these systems in the global market. The leading OEMs are changing their marketing and advertising strategies to attract consumers in the car sharing, carpooling,andtaxiservicesmarketsegment. ThesteadygrowthofGDPinthesecountries and rise of the disposable income will boost the demand for keyless systems in the passengercarsinthisregion. NorthAmericatoleadtheautomotivekeyless entrysystemmarketsizeduringtheforecast period. Request aSample
TopVendors MajorVendors-Aptiv,ContinentalAG,HellaValeo, and ZF TRW Automotive Prominent Players -Advanced Keys, Alps Electric, Bosch, Calsonic Kansei, Denso, Directed Electronics, Hyundai Mobis, Lear Corporation, Marquardt, Microchip Corporation (Atmel), Mitsubishi Electric, OMRONAutomotiveElectronics,Panasonic, TokaiRika,andVoxxInternational Read FullReport
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