Market Overview:
The global passive entry passive start chip market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and commercial vehicles, and the rising trend of vehicle electrification. In terms of type, the low frequency chip segment is expected to dominate the market during the forecast period, owing to its low cost and easy installation.
Product Definition:
Passive Entry Passive Start Chip is a small, electronic device that helps you start your car without using the key. It plugs into the car's ignition system and allows you to start the car by pressing a button on the chip. The importance of this chip is that it can help you avoid getting locked out of your car if you lose your key or forget it at home.
Low Frequency Chip:
Passive entry passive start (PEPS) is a technology that uses electromagnetic fields to allow manual vehicles to be automatically unlocked when the driver approaches the vehicle. The technology was developed by Autoliv, Inc., a U.S.-based multinational semiconductor company, and patented in November 2007.
The global low frequency chip market size was valued at USD 1,14 billion in 2015.
High Frequency Chip:
The high frequency chip is used in passive entry/passive start chips to provide the security feature. The high frequency chip helps in providing a unique number for every car that enters or starts the vehicle. This number can be used by the Passive Entry System (PES) and Passive Start System (PES) to compare with the record of previous authentication performed on that particular vehicle, thus allowing only authorized vehicles to enter or start.
Passive entry systems.
Application Insights:
Passenger car application segment accounted for the largest share in 2016 and is expected to continue its dominance over the forecast period. This can be attributed to growing demand for fuel-efficient vehicles, which are in high demand owing to stringent environmental regulations implemented by various governments across the world. These regulations force automotive manufacturers to use lightweight materials, which reduces vehicle weight and increases fuel efficiency. As a result, passenger cars with passive entry system have become more popular among consumers seeking reduced carbon emissions along with improved fuel economy.
The commercial vehicle application segment is expected witness significant growth over the forecast period due largely to rising adoption of these systems in heavy-duty vehicles such as trucks and buses that require large doors for loading purposes.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing penetration of PERS systems in commercial vehicles and passenger cars, growing adoption of smart homes as well as office buildings, and rising demand for energy-efficient products. Europe accounted for a significant share in terms of revenue owing to increased penetration of PERS systems across various application segments including industrial, transportation, building & construction and residential among others.
Growth Factors:
- Increasing demand for passive entry and passive start systems in the automotive industry as a result of the increasing trend of vehicle automation.
- Growing demand for chip-based passive entry and passive start systems from the luxury car segment, as these systems offer enhanced security and convenience features compared to traditional key-based systems.
- Proliferation of advanced driver assistance system (ADAS) technologies in passenger cars, which are helping to drive demand for chip-based passive entry and start systems.
- Rising consumer awareness about the benefits offered by chip-based Passive Entry Passive Start (PEPAS) Systems, which is helping to boost adoption rates across different vehicle segments.
Scope Of The Report
Report Attributes
Report Details
Report Title
Passive Entry Passive Start Chip Market Research Report
By Type
Low Frequency Chip, High Frequency Chip
By Application
Commercial Vehicle, Passenger Car
By Companies
NXP Semiconductors, Texas Instruments, Microchip, STMicroelectronics, Infineon Technologies, Murata
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Passive Entry Passive Start Chip Market Report Segments:
The global Passive Entry Passive Start Chip market is segmented on the basis of:
Types
Low Frequency Chip, High Frequency Chip
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Vehicle, Passenger Car
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- NXP Semiconductors
- Texas Instruments
- Microchip
- STMicroelectronics
- Infineon Technologies
- Murata
Highlights of The Passive Entry Passive Start Chip Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Low Frequency Chip
- High Frequency Chip
- By Application:
- Commercial Vehicle
- Passenger Car
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Passive Entry Passive Start Chip Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A passive entry chip is a small computer chip that is inserted into a product during the manufacturing process. It allows the product to be automatically activated when it is plugged in to an electrical outlet or when it senses certain conditions, such as movement.
Some of the major players in the passive entry passive start chip market are NXP Semiconductors, Texas Instruments, Microchip, STMicroelectronics, Infineon Technologies, Murata.
The passive entry passive start chip market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Passive Entry Passive Start Chip Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Passive Entry Passive Start Chip Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Passive Entry Passive Start Chip Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Passive Entry Passive Start Chip Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Passive Entry Passive Start Chip Market Size & Forecast, 2018-2028
4.5.1 Passive Entry Passive Start Chip Market Size and Y-o-Y Growth
4.5.2 Passive Entry Passive Start Chip Market Absolute $ Opportunity
Chapter 5 Global Passive Entry Passive Start Chip Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Passive Entry Passive Start Chip Market Size Forecast by Type
5.2.1 Low Frequency Chip
5.2.2 High Frequency Chip
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Passive Entry Passive Start Chip Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Passive Entry Passive Start Chip Market Size Forecast by Applications
6.2.1 Commercial Vehicle
6.2.2 Passenger Car
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Passive Entry Passive Start Chip Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Passive Entry Passive Start Chip Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Passive Entry Passive Start Chip Analysis and Forecast
9.1 Introduction
9.2 North America Passive Entry Passive Start Chip Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Passive Entry Passive Start Chip Market Size Forecast by Type
9.6.1 Low Frequency Chip
9.6.2 High Frequency Chip
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Passive Entry Passive Start Chip Market Size Forecast by Applications
9.10.1 Commercial Vehicle
9.10.2 Passenger Car
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Passive Entry Passive Start Chip Analysis and Forecast
10.1 Introduction
10.2 Europe Passive Entry Passive Start Chip Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Passive Entry Passive Start Chip Market Size Forecast by Type
10.6.1 Low Frequency Chip
10.6.2 High Frequency Chip
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Passive Entry Passive Start Chip Market Size Forecast by Applications
10.10.1 Commercial Vehicle
10.10.2 Passenger Car
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Passive Entry Passive Start Chip Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Passive Entry Passive Start Chip Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Passive Entry Passive Start Chip Market Size Forecast by Type
11.6.1 Low Frequency Chip
11.6.2 High Frequency Chip
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Passive Entry Passive Start Chip Market Size Forecast by Applications
11.10.1 Commercial Vehicle
11.10.2 Passenger Car
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Passive Entry Passive Start Chip Analysis and Forecast
12.1 Introduction
12.2 Latin America Passive Entry Passive Start Chip Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Passive Entry Passive Start Chip Market Size Forecast by Type
12.6.1 Low Frequency Chip
12.6.2 High Frequency Chip
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Passive Entry Passive Start Chip Market Size Forecast by Applications
12.10.1 Commercial Vehicle
12.10.2 Passenger Car
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Passive Entry Passive Start Chip Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Passive Entry Passive Start Chip Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Passive Entry Passive Start Chip Market Size Forecast by Type
13.6.1 Low Frequency Chip
13.6.2 High Frequency Chip
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Passive Entry Passive Start Chip Market Size Forecast by Applications
13.10.1 Commercial Vehicle
13.10.2 Passenger Car
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Passive Entry Passive Start Chip Market: Competitive Dashboard
14.2 Global Passive Entry Passive Start Chip Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NXP Semiconductors
14.3.2 Texas Instruments
14.3.3 Microchip
14.3.4 STMicroelectronics
14.3.5 Infineon Technologies
14.3.6 Murata
