$2.3+ Billion Worldwide Automotive Keyless Entry System Industry to 2031 – Rising Inclination Towards Safety and Security in Vehicles Drives Growth – ResearchAndMarkets.com

Dublin–(business wire)–“Automotive Keyless Entry System Global Market Report 2022” has been added of ResearchAndMarkets.com Recruitment.

This report provides strategists, marketers, and senior managers with the key information needed to evaluate the global automotive keyless entry systems market.

The global automotive keyless entry system market is projected to grow from $1.25 billion in 2021 to $1.41 billion in 2022, at a compound annual growth rate (CAGR) of 12.78%. The automotive keyless entry system market is projected to grow to $2.33 billion by 2026 at a compound annual growth rate (CAGR) of 13.32%.

companies mentioned

  • Denso Corporation

  • HELLA GmbH & Co KGaA

  • ZF Friedrichshafen AG

  • Continental AG

  • Alps Alpine Co., Ltd.

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Major Players in the Automotive Keyless Entry Systems Market are Denso Corporation, HELLA GmbH & Co KGaA, ZF Friedrichshafen AG, Continental AG, Alps Alpine Co., Ltd., Mitsubishi Electric Corporation, Valeo SA, Microchip Technology Inc, Robert Bosch GmbH, Lear Corporation , Marquardt. , Tokai Rika, Atmel Corporation, NXP Semiconductors, Hyundai Mobis, Panasonic, Directed Electronics, Voxx International, ARCO Lock, Kiekert.

The automotive keyless entry systems market is dominated by entities (organizations, partnerships, and sole proprietorships) used to remotely lock, unlock, and start the engine using radio frequency signals that are widely applied in automobiles. consists of sales of automotive keyless entry system devices by Starting and stopping the engine, and the door. Safety standards for self-driving platforms offer a variety of benefits.

The key product types of the automotive keyless entry systems market are passive keyless entry systems and remote keyless entry systems.

A passive keyless entry system is a keyless entry system built into modern automobiles that allows the user to drive the car while keeping the car keys in a pocket or maintaining a large actual distance between the keys and the car. You can open it and start. The system is used in passenger cars, LCVs, HCVs and other vehicle types. The end users of automotive keyless entry systems are the aftermarket and original equipment manufacturers (OEMs).

North America was the largest region for the automotive keyless entry systems market in 2021. Regions covered in the Automotive Keyless Entry Systems report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Rising trend towards automotive safety and security is driving the growth of the automotive keyless entry system market. Vehicle safety and security is a growing concern to avoid theft of systems in the vehicle or the vehicle itself. To ensure safety and security, safety features are bundled and come standard on even the cheapest vehicles, trucks and crossovers.

The growing interest in vehicle safety and security has increased the need for keyless entry systems. These systems use radio frequency signals to remotely lock, unlock and start a vehicle’s engine, providing protection as well as convenience. For example, according to the Federal Bureau of Investigation (FBI), the U.S. domestic intelligence and security service, 810,400 vehicles were stolen in 2020, bringing total vehicle theft he $7.4 billion.

Since 2019, 724,872 vehicles have been stolen, an increase of 11.8% from 2019 to 2020. The stolen vehicles included automobiles, including cars, trucks, buses, motorcycles, scooters, snowmobiles, and other vehicles. Hence, increasing trend toward vehicle safety and security will boost the growth of the automotive keyless entry system market.

Technologically advanced in-vehicle security systems are seen as an imminent trend in the automotive keyless entry system market. Companies operating in the automotive keyless entry systems market focus on providing technologically advanced automotive security systems such as keyless entry systems with engine start/off, AC control, and other features. I’m here.

Automakers that also offer this system are investing heavily in launching new car models and new versions of older car models with keyless entry technology. This eliminates the need for customers to purchase a separate keyless entry system as the system is built into the vehicle itself.

Countries covered in the Automotive Keyless Entry Systems report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, United Kingdom, United States.

For more information on this report, please visit https://www.researchandmarkets.com/r/6orzgy.

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