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The global keyless vehicle access control systems market grew at a CAGR of around 10% during 2015-2020. A keyless vehicle access control system relies on an electronically operated locking feature to secure access to a vehicle. It has transmitting and receiving circuits that utilize radio frequency (RF) modules with quartz crystal vibrators to lock and unlock the doors and start the engine automatically. It also uses sensors and a separate control unit on door handles to control the vehicle. Moreover, as a keyless vehicle access control system provides remote locking function and added protection to the vehicles, it is gaining traction over conventional mechanical keys across the world.
A significant rise in the demand for premium and luxury vehicles on account of rapid urbanization and inflating disposable incomes represents one of the key factors bolstering the growth of the market. Moreover, the introduction of cost-effective product variants has resulted in the increasing adoption of keyless vehicle access control systems in passenger and commercial vehicles. Apart from this, the incorporation of innovative features, such as long-range communication, vehicle temperature information and car security, along with advancements in door latch systems, are contributing to the market growth. These features assist in performing functions such as light control, car alarms, tailgate opening, tire pressure monitoring systems, front and rear seat settings and storing multimedia files. Furthermore, market players are launching advanced products to expand their consumer base. For instance, Robert Bosch GmbH, a Germany based company, launched Perfectly Keyless that offers wireless localization and secure key management using a digital key on smartphones. Looking forward, IMARC Group expects the global keyless vehicle access control systems market to exhibit moderate growth during the next five years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global keyless vehicle access control systems market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, system type, vehicle type and end user.
Breakup by System Type:
Breakup by Vehicle Type:
Breakup by End User:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alps Electric Co. Ltd., Continental AG, Denso Corporation, Lear Corporation, Marquardt GmbH, Mitsubishi Electric Corporation, Robert Bosch GmbH, Tokai Rika Co Ltd., Valeo and ZF Friedrichshafen AG.
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