Keyless Vehicle Access Control Systems Market

Market Overview:

The global keyless vehicle access control systems market size is expected to exhibit a growth rate (CAGR) of 5.4% during 2024-2032.

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.

Key Market Segmentation:

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 at the global, regional and country level from 2024-2032. Our report has categorized the market based on system type, vehicle type and end user.

Breakup by System Type:

• Passive Keyless Entry System
• Remote Keyless Entry System
   

Breakup by Vehicle Type:

• Passenger Vehicle
• Commercial Vehicle
   

Breakup by End User:

• OEMs
• Aftermarket
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

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.

Report Coverage:

Key Questions Answered in This Report:

• How has the global keyless vehicle access control systems market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global keyless vehicle access control systems market?
• What are the key regional markets?
• What is the breakup of the market based on the system type?
• What is the breakup of the market based on the vehicle type?
• What is the breakup of the market based on the end user?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global keyless vehicle access control systems market and who are the key players?
• What is the degree of competition in the industry?