Automotive Remote Keyless Entry System Market 2024-2028
The automotive remote keyless entry system market is forecasted to grow by USD 993.9 mn during 2023-2028, accelerating at a CAGR of 11.4% during the forecast period. The report on the automotive remote keyless entry system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in electronic content for value proposition, broadband and connectivity harmonization in manufacturing, and increasing sales of automobiles in emerging economies.
Technavio's automotive remote keyless entry system market is segmented as below:
By Vehicle Type
- Passenger cars
- Commercial vehicles
By End-user
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the remote keyless entry system with ignition system as one of the prime reasons driving the automotive remote keyless entry system market growth during the next few years. Also, automotive immobilizer and 3d gesture key fob will lead to sizable demand in the market.
The report on the automotive remote keyless entry system market covers the following areas:
- Automotive Remote Keyless Entry System Market sizing
- Automotive Remote Keyless Entry System Market forecast
- Automotive Remote Keyless Entry System Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive remote keyless entry system market vendors that include Alps Alpine Co. Ltd., ARCO Lock and Security ENTERN LLC, Continental AG, DENSO Corp., HELLA GmbH and Co. KGaA, Hyundai Motor Co., Marelli Holdings Co. Ltd., Marquardt GmbH, Microchip Technology Inc., Mitsubishi Electric Corp., NXP Semiconductors NV, Robert Bosch GmbH, Texas Instruments Inc., Tokai Rika Co. Ltd., Transcontinental Inc., Valeo SA, VOXX International Corp., Wipf AG, and ZEPPELIN GmbH. Also, the automotive remote keyless entry system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.