Automotive Keyless Entry System Market 2022: Report by Advance

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Automotive keyless entry system market growth

Global Automotive Keyless Entry Systems Market Report by Business Research Company identifies the growing inclination for safety and security in vehicles that is becoming a major growth driver for the entry systems market keyless for automobiles. There is more focus on vehicle safety and security to prevent any theft of systems inside the vehicle or the vehicle itself. Safety features are consolidated and standardized on even the cheapest vehicles, trucks and crossovers to ensure safety. The growing interest in vehicle safety and security is creating an increased need for keyless entry systems, as these systems use radio frequency signals to lock, unlock and start the vehicle’s engine remotely to provide all-round protection. by providing convenience. For example, according to the US intelligence and homeland security service, the Federal Bureau of Investigation (FBI), in 2020, 810,400 vehicles were stolen, totaling $7.4 billion in vehicle thefts. motorized. Since 2019, 724,872 vehicles were stolen, indicating an increase of 11.8% from 2019 to 2020. Stolen vehicles included automobiles, including cars, trucks, buses, motorcycles, scooters, snowmobiles and other vehicles. Thus, the growing propensity for safety and security in vehicles will drive the growth of the automotive keyless entry systems market.

The global automotive keyless entry system market size is expected to grow from USD 1.25 billion in 2021 to USD 1.41 billion in 2022 at a compound annual growth rate (CAGR) of 12.78%. The global automotive keyless entry market size is expected to reach USD 2.33 billion in 2026 with a CAGR of 13.32%.
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North America was the largest region in the automotive keyless entry system market in 2021. Regions covered in the global automotive keyless entry system report are Asia-Pacific, Western Europe , Eastern Europe, North America, South America, Middle East and Africa.

The key players in the automotive keyless entry system market are Denso Corporation, HELLA GmbH & Co KGaA, ZF Friedrichshafen AG, Continental AG, Alps Alpine Co Ltd, Mitsubishi Electric Corporation, Valeo SA, Microchip Technology Inc, Robert Bosch GmbH, Lear Corporation, Marquardt, Tokai Rika, Atmel Corporation, NXP Semiconductors, Hyundai Mobis, Panasonic, Directed Electronics, Voxx International, ARCO Lock and Kiekert.

Global Automotive Keyless Entry Systems Market is Segmented –
1) By product: passive keyless entry systems, remote keyless entry systems

2) By type of vehicle: Passenger cars, LCVs, VHCs

3) By end user: aftermarket, original equipment manufacturer (OEM)

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Automotive Keyless Entry System Market report content includes
1. Summary
2. Automotive Keyless Entry System Market Features
3. Automotive Keyless Entry System Market Trends and Strategies
4. Impact of COVID-19 on automotive keyless entry system
5. Automotive Keyless Entry System Market Size and Growth
….
26. Africa Automotive Keyless Entry System Market
27. Automotive Keyless Entry System Market Competitive Landscape and Company Profiles
28. Key mergers and acquisitions in the automotive keyless entry system market
29. Automotive Keyless Entry System Market Future Outlook and Potential Analysis
30. Annex

This report covers market trends and dynamics of Automotive Keyless Entry System market in major countries – Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and United States. The report also includes consumer surveys and various future opportunities for the market.

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