Automotive Keyless Entry System Market To Grow At An Impressive CAGR of 7.56% During 2017-2021
An automotive keyless entry system consists of two types of technologies: RKE system, whose functionality is entry into the vehicle, and PKE system, which operates as an entry-and-go functionality. A keyless entry system provides vehicle access without using the traditional mechanical key, offering better security and convenience. The global automotive keyless entry system market is segmented based on product type as RKE (remote keyless entry) and PKE (passive keyless entry) and by geography as the Americas, EMEA, and APAC.
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Analysts forecast the global automotive keyless entry system market to grow at a CAGR of 7.56% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive keyless entry system market for 2017-2021. To calculate the market size, the report considers the global unit sales of vehicles (passenger cars and commercial vehicles) installed with keyless entry system as well as aftermarket sales of keyless entry systems.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Global Automotive Keyless Entry System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• ZF Friedrichshafen
• Continental
• Delphi*
• Valeo
• HELLA
Other prominent vendors
• Alps Electric
• DENSO
• HYUNDAI MOBIS
• Marquardt
• Mitsubishi Electric
• Lear Corporation
• OMRON Corporation
• Advanced Keys
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Market driver
• Increase of sales of automobiles in developing economies
• For a full, detailed list, view our report
Market challenge
• Risk associated with keyless entry systems
• For a full, detailed list, view our report
Market trend
• Virtual key entry system
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
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