Global Keyless Vehicle Access Control Systems market will reach 7518.76 million USD by 2022 Custom Research|Research Report|Management Consulting|Seminar|Database
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A keyless vehicle access control system is a fully automated system comprising of 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 antennae placed outside as well as inside the vehicle.
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The keyless vehicle access control systems are expected to grow at a CAGR of 6.06% from 5279.70 million USD in 2016 to reach 7518.76 million USD by 2022 in global market. The keyless vehicle access control systems market is very concerted market; the revenue of top eleven manufacturers accounts about 80% of the total revenue in 2016. The high-end products mainly come from USA and Europe.
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The leading manufactures mainly are Continental, Denso, Hella, Lear and Valeo. Continental is the largest manufacturer; its revenue of global market exceeds 24% in 2016. The next is Denso and Hella.
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There are mainly two type product of keyless vehicle access control systems market: Passive Keyless Entry Systems (PKES) and Remote Keyless Entry System (RKES). RKES accounts the largest proportion; however, PKES will have faster growing rate.
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Geographically, the global keyless vehicle access control systems market has been segmented into North America, Europe, China, Japan, Korea, RoA and RoW. The Europe held the largest share in the global keyless vehicle access control systems products market, its revenue of global market exceeds 38% in 2016. The next is Japan and North America.
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