DUBLIN--(BUSINESS WIRE)--The "Automotive Keyless Entry System Market - Global Outlook and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.
This market research report on automotive keyless entry system market offers analysis on market size & forecast, market share, industry trends, growth drivers, and vendor analysis. The market study also includes insights on segmentation by product (RKE systems and PKE systems), by end-user type (OEM market and aftermarket), vehicle type (passenger cars, LCVs, and HCVs), and by geography (APAC, Europe, North America, Latin America, and MEA).
The introduction of high-end advanced electronic entry systems using integrated circuits that communicate through electromagnetic signals to lock or unlock the vehicle door is propelling the growth of the automotive keyless entry system market. The increasing proliferation of automotive electronic solutions that offer consumers centralized controls and seamless exchange of data among various systems will revolutionize the automotive industry.
The rising demand for connected cars and integration of smartphones will encourage vendors to launch advanced and integrated electronic systems in the global market. Furthermore, the increasing regulatory policies that focus on vehicular safety is driving the global automotive security market. The adoption of vehicle security systems in developed nations such as the US and Western Europe and emerging nations such as China and India will boost the demand for these systems in the global market. The implementation of telematics, keyless entry systems, digital clusters, and high-end infotainment systems is gaining immense traction in the global automotive market.
The leading OEMs are focusing on introducing these vehicular safety systems in the mass mid-segment vehicles such as hatchbacks and light commercial vehicles to attract more consumers and sustain the competition in the global market. The development of innovative and advanced technology will create lucrative opportunities for key players in the industry. The global automotive keyless entry system market is estimated to grow at CAGR of over 7% during 2017-2023.
- ZF TRW Automotive
- Advanced Keys
- Alps Electric
- Calsonic Kansei
- Directed Electronics
- Hyundai Mobis
- Lear Corporation
- Microchip Corporation (ATMEL)
- Mitsubishi Electric
- OMRON Automotive Electronics
- Tokai Rika
- Voxx International
For more information about this report visit https://www.researchandmarkets.com/research/n4lv7p/global_automotive?w=4