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A u t o m o t i v e Keyless Entry

System Market
2 0 18 - 2 0 2 3
Contents

1. M a r k e t O v e r v i e w
2. M a r k e t D y n a m i c s
3. G e o g r a p h i c a l A n l y s i s
4. T r e n d s
5. S e g m e n t s
6. T o p V e n d o r s
7. C o n t a c t Us
Market Overview
Th e leading OEMs a r e focusing o n in tro d u cin g
t h e s e v eh icu lar s a f e t y s y s t e m s in t h e m a s s
m i d - s e g m e n t vehicles s u c h a s h a t c h b a c k s a n d
light c o mme r c i a l vehicles t o a t t r a c t m o r e
c o n s u m e r s a n d s u s t a i n t h e co mp e t i tio n in t h e
global ma r k e t .
Th e rising d e m a n d f o r c o n n e c t e d c a r s a n d
in teg rat io n o f s m a r t p h o n e s will e n c o u r a g e
v e n d o r s t o l a u n c h a d v a n c e d a n d electronic
s y s t e m s s u c h a s key less vehicle access
control s y s t e m in t h e global ma r k e t .
Th e d e v e l o p m e n t o f i n n o v a t i v e a n d a d v a n c e d
t ech n o lo g y will c r e a t e lu c rat iv e o p p o r t u n i t i e s
f o r k e y p l a y e r s in t h e i n d u s t r y.
The global a u t o m o t i v e k e yle ss e n t r y s y s t e m
m a r k e t is e s t i m a t e d t o g r o w a t CAGR o f
o v e r 7% d u r i n g 2017-2023.
Market Dynamics

T he e v o l u t i o n o f automotive electronics e n a b l e d v e n d o r s t o
design the m o d e r n - d a y ignition system and transformed it
i n t o a p u s h b u t t o n . T h i s s y s t e m is i n t e g r a t e d w i t h i g n i t i o n
system w h i c h receives singles f r o m t h e key f o b t o a c ti v a te
t h e ignition. Such h i g h - e n d systems wi l l t r a n s f o r m t h e
a u t o m o t i v e i n d u s t r y d u r i n g t h e forecast period. The
a d o p t i o n ra te of t h e keyless e n t r y - a n d - g o s ys t e m i n t h e
l u x u r y c a r s e g m e n t r e a c h e d o v e r 9 0 % i n 2017.
• • •

A s p e r r e se a r c h a n a l y st i n A r i z t o n

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Geographical Analysis

Th e g ro win g d e m a n d f o r electric vehicles


a n d h y b r i d vehicles in t h e U S a n d C a n a d a is
fueling t h e d e v e l o p m e n t o f t h e m a r k e t in
N o r t h America.
Th e g ro win g n e e d f o r a d v a n c e d a n d
so p h isticated electronic solutions s u c h a s
ADAS, telematics, a n d i n f o t a i n m e n t
s y s t e m s will revolutionize t h e a u t o mo t i v e
i n d u s t r y in N o r t h America.
The US, Canada, a n d Mexico a r e t h e largest
r e v e n u e c o n t r i b u t o r s in t h e N o r t h A me r i c a n
ma r k e t .
Th e l a u n c h o f electric a n d h y b r i d
p o w e r t r a i n - b a s e d vehicles will b o o s t t h e
d e m a n d f o r a d v a n c e d s y s t e m s in t h e N o r t h
A me r i c a n m a r k e t d u r i n g t h e f o r e c a s t
period.
Top Trends

G R O W IN G E L E C T R I F I C A T I O N OF
A U T O M O T I V E M E C H A N I CS

G R O W ING AD O P T IO N O F AU T O M AT IC
V E H ICL E ID E N T IF IC AT I O N ( AVI ) S YS T E M S

G R O W ING D EM AN D F O R E N T R Y- AN D - G O
K E YL E S S S YS T E M S

S H I F T I N G C O N S U M ER F O CU S ON H YB R ID &
C O N N E CT E D CA R S

enquiry@arizton.com
Segmentation
Th e a d o p t i o n o f a d v a n c e d RKE s y s t e m s in t h e
LCV a n d HCV vehicle s e g m e n t will p ro p el t h e
d e m a n d f o r t h e s e s y s t e m s in t h e global
ma r k e t .
Th e leading OEMs a r e ch an g in g t h e i r
m a r k e t i n g a n d a d v e r t i s i n g strateg ies t o
a t t r a c t c o n s u m e r s in t h e c a r sharing,
carpooling, a n d taxi services m a r k e t s e g me n t .
Th e s t e a d y g r o w t h o f GDP in t h e s e co u n tries
a n d rise o f t h e disposable i n c o me will b o o s t
t h e d e m a n d f o r k eyless s y s t e m s in t h e
p a s s e n g e r c a r s in th is region.
N o r t h America t o lead t h e a u t o mo t i v e k eyless
e n t r y s y s t e m m a r k e t size d u r i n g t h e f o r e c a s t
period.

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Top Vendors

M a j o r Ve n d o r s -Aptiv, Continental AG,


Hella Valeo, and ZF TRW Automo tiv e
P r o m i n e n t P l a y e r s - A d v a n c e d Keys, Alps
Electric, Bosch, Calsonic Kansei, Denso,
Directed Electronics, H y u n d a i Mobis, Lear
Corporation, M a r q u a r d t , Microchip
Co rp o ratio n (Atmel), Mitsubishi Electric,
OMRON A u t o mo t i v e Electronics, Pan aso n ic,
Tokai Rika, a n d Voxx I n t e r n a t i o n a l

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