Keyless Vehicle-access Control System - Market Analysis & Opportunity Assessment, 2014 - 2020
Oct 16, 2014 | Chemicals & Materials | FMI
A keyless vehicle-access control system is a fully automated system comprising an electronic locking feature, which secures access to the vehicle electronically and substitutes the conventional mechanical key. This system works on a number of low frequency transmitting antennas placed outside as well as inside the vehicle.
The keyless vehicle-access control systems market can be segmented into two broad categories: system type and geography. Based on system type, the keyless vehicle-access control system market can be categorized into Remote Keyless Entry Systems (RKES) and Passive Keyless Entry Systems (PKES). The keyless vehicle-access control systems market can also be segmented on the basis of major geographies into North America, Europe, Asia Pacific, and Rest of The World.
Recovery in global gross domestic product (GDP) and increasing income levels along with other related factors have increased the demand for new cars with advanced technology. This, in turn, has encouraged automobile manufacturers to deploy advanced technologies such as keyless vehicle-access control system in their vehicles. These factors collectively are expected to drive growth of this market over the next six years. The global market for keyless vehicle-access control systems is expected to grow linearly in the near future.
Key participants in the keyless vehicle-access control systems market focus on research and development activities in order to introduce advanced and cost-effective product for end-users. In 2013, TRW Automotive introduced Passive Keyless Entry Systems for ram trucks. Some of the major players in the keyless vehicle-access control systems market include Panasonic Corporation, TRW Automotive Holdings Corp.,Alps Automotive, Inc.,Calsonic Kansei Corporation, Delphi Automotive LLP, Lear Corporation,Mitsubishi Electric Group, Valeo S.A., Atmel Corporation, Continental Automotive GmbH, Denso Corporation, Marquardt Switches, Inc. and Omron Automotive Electronics Co., Ltd.
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