Global Automotive Keyless Entry Systems Market Size, Share, Forecast Report, 2020-2027
The term ‘automotive keyless entry system’ is used to refer to an electronic lock that provides physical access of the vehicle to the user and enables the locking and unlocking operation without the use of the conventional mechanical key for high security and convenience to the driver. The keyless entry system unlocks the vehicle by means of Bluetooth unlocking systems, radio frequency identification locks, electronic locks, and biometric scanning, which secure the access to the vehicle. Keyless entry systems are segmented by their product type as PKE and RKE. The PKE system uses advanced technology to take vehicle accessibility to a higher level by automatically opening the door as the driver approaches the vehicle. On the other hand, RKE offers the standard solutions for conveniently locking and unlocking a vehicle’s door and the luggage compartment through remote control. The applications of keyless entry system in automotive vehicle ranges between tire pressure monitoring systems, front & rear seat settings, light control, car alarms, opening the tailgate, and storing multimedia files.
The global automotive keyless entry systems market is segmented based on vehicle type, sales channel, product type, and region. On the basis of vehicle type, the market has been segmented into passenger cars, light commercial vehicle (LCV), and heavy commercial vehicle (HCV). On the basis of sales channel, the market has been segmented into OEM and aftermarket. On the basis of product type, the market has been segmented into PKE and RKE.
Geographically, the global automotive keyless entry systems market has been segmented into four major regions, which are North America, Europe, Asia-Pacific, and the Rest of the World. The automotive keyless entry systems market in North America held the largest share of the global automotive keyless entry system market, owing to the preference for luxury vehicles and the rising adoption of vehicle security systems across the region. Asia-Pacific is expected to register the highest growth rate due to an increase in demand for automotive safety systems in countries, such as China, India, and Japan.
The prominent players in the global automotive keyless entry systems market are TRW Automotive Holdings Corporation (US), Atmel Corporation (US), Calsonic Kansei Corporation (Japan), Continental Automotive GmbH (Germany), Delphi Automotive (Ireland), Denso Corporation (Japan), HELLA KGAA Hueck & Co. (Germany), ARCO Lock & Security ENTERN LLC (US), Hyundai Mobis (South Korea), and Robert Bosch GmbH (Germany).