Automotive Keyless Entry Systems Market Report 2022, Upcoming Trends, Demand, Industry Latest News, Growth Through COVID-19, Regional Analysis and Forecast 2030

Automotive Keyless Entry Systems Market Analysis 

The Global Automotive Keyless Entry Systems Market size is predicted to develop at 6.85?GR by During Forecast Period, states the recent Market Research Future (MRFR) analysis. An automotive keyless entry system, simply put, is an electronic lock that offers physical access of cars to a user and helps the unlocking and locking operation sans the use of conventional mechanical keys for convenience and high security to the driver. 

Various factors are propelling the global automotive keyless entry systems market share. According to the recent MRFR report, such factors include growing demand for vehicle security and safety features, the launch of advanced electronic vehicle entry systems, an increase in automotive production, awareness about sophisticated features, and demand for luxury vehicles. Additional factors adding market growth include growing adoption of advanced car sensors, integration of passive safety features such as sensor-guided features, electronic features, stronger chassis, airbags, and seatbelts, and development in automotive sensors. 

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On the contrary, the volatility of raw material prices of semiconductors as well as other electronic components and the adverse effects of the COVID-19 outbreak may hamper the global automotive keyless entry systems market growth over the forecast period. 

Key Players

Eminent players profiled in the global automotive keyless entry systems market report include Robert Bosch GmbH (Germany), Hyundai Mobis (South Korea), ARCO Lock & Security ENTERN LLC (US), HELLA KGAA Hueck & Co. (Germany), Denso Corporation (Japan), Delphi Automotive (Ireland), Continental Automotive GmbH (Germany), Calsonic Kansei Corporation (Japan), Atmel Corporation (US), and TRW Automotive Holdings Corporation (US). 

Market Segmentation

This study provides an overview of the global automotive keyless entry systems market, tracking three market segments across four geographic regions. The report studies key players and provide a six-year annual trend analysis, which highlights market size, volume, and share for North America, Europe, Asia-Pacific, and the Rest of the World. The report also provides a forecast, which focuses on the market opportunities for the next five years for each region. The scope of the study segments the global automotive keyless entry systems market by vehicle type, sales channel, product type, and region.

By Vehicle Type

• Passenger Cars
• Light Commercial Vehicle (LCV)
• Heavy Commercial Vehicle (HCV)

By Sales Channel

• OEM
• Aftermarket

By Product type  

• Passive Keyless Entry (PKE) System
• Remote Keyless Entry (RKE) System

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Research Analysis

Based on the region, the keyless entry systems market report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, & the Rest of the World (RoW). Of these, the APAC region will spearhead the market over the forecast period. The region being the largest consumer and manufacturer of new cars, increase in per capita disposable income, growing awareness about convenience and vehicle safety, growth in technologically advanced systems, higher vehicle production, presence of OEMs, and presence of solution and service providers that develop automotive keyless entry systems based on needs are adding to the global automotive keyless entry systems market growth in the region. 

In North America, the automotive keyless entry systems market is predicted to have healthy growth over the forecast period. The need for ease in accessibility & vehicle handling and burgeoning demand for automotive keyless entry systems is adding to the global automotive keyless entry systems market growth in the region. 

The automotive keyless entry systems market in Europe is predicted to have notable growth over the forecast period for increasing focus of OEMs on stringent regulations to improve technology, which needs high investment in the research and development. 

In the RoW, the automotive keyless entry systems market is predicted to have sound growth over the forecast period for an economic recovery that is boosting its sales. 

Continue…….

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