Market Overview:
The global Vehicle Passive Keyless Entry System market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for advanced security systems in vehicles and the rising trend of vehicle electrification. The Vehicle Passive Keyless Entry System market is segmented on the basis of type, application, and region. On the basis of type, it is divided into PIC-based and ARM-based keyless entry systems. PIC-based keyless entry systems are more popular among consumers as they are less expensive than ARM-based keyless entry systems. However, ARM-based keyless entry systems offer better security features than PIC-based ones. On the basis of application, it is classified into OEMs and aftermarket segments.
Product Definition:
A vehicle passive keyless entry system is a security system that allows a driver to unlock the doors of a car and start the engine without having to use a key. The system uses an electronic transponder in the key fob to communicate with receivers inside the car. When the driver presses either the lock or unlock button on the fob, it sends out a signal that is received by antennas embedded in the car.
PIC Based:
Passive Keyless Entry Systems (PKE) are used for vehicle security as well as convenience. The system comprises of a sensor, an antenna and a transceiver which is mounted on the exterior surface of the vehicle. It enables drivers to unlock and start the engine without using any physical key or pressing any buttons on the steering wheel.
ARM Based:
Passive Keyless Entry Systems (PKES) are used in vehicles to allow the driver to enter the vehicle without using any physical keys or buttons. PKES uses radio frequency identification technology and a small antenna mounted on the vehicle roof for communication with nearby transponders. The system is based on ARM architecture, which stands for Automated Radio Management System.
The global passive keyless entry systems market was valued at USD 2,867.1 million in 2015.
Application Insights:
Based on the application, the market is segmented into OEMs, aftermarket and others. The OEMs segment dominated the global vehicle passive keyless entry system market in 2017. This can be attributed to high product adoption by original equipment manufacturers (OEMs). Passive keyless entry systems are integrated with ignition as part of a car¢â‚¬â„¢s security system and are activated when a button is pressed on an RFID card or via Bluetooth connectivity.
The growing trend of remote monitoring and control among automotive manufacturers for safety purposes is expected to drive demand for PKE systems in vehicles, particularly across aftermarket segments such as service providers and parts suppliers. Moreover, rising demand for OTA updates along with new features including mobile access will fuel industry growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing vehicle theft in countries, such as India and China. According to a 2015 NCB study, vehicle theft was highest in India with 1.86 million vehicles stolen that year alone. This has led keyless entry system manufacturers based out of Asia Pacific region into a lucrative business opportunity by providing them with PIC based VE systems for their existing and future models of cars/trucks/suvs across all major markets globally including North America, Europe and Asia Pacific & MEA regions.
Growth Factors:
- Increasing demand for luxury and comfort in vehicles
- Growing trend of vehicle automation and electrification
- Proliferation of advanced safety features in vehicles
- Rising concerns over vehicle security and theft prevention
- Increasing demand for connected cars
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Passive Keyless Entry System Market Research Report
By Type
PIC Based, ARM Based
By Application
OEMs, Aftermarket
By Companies
Continental, Hella, Valeo, ZF TRW, Alps Electric, Atmel, Denso, Hyundai MOBIS, Marquardt, Mitsubishi Electric, Continental
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Passive Keyless Entry System Market Report Segments:
The global Vehicle Passive Keyless Entry System market is segmented on the basis of:
Types
PIC Based, ARM Based
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
OEMs, Aftermarket
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:
- Continental
- Hella
- Valeo
- ZF TRW
- Alps Electric
- Atmel
- Denso
- Hyundai MOBIS
- Marquardt
- Mitsubishi Electric
- Continental
Highlights of The Vehicle Passive Keyless Entry System 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:
- PIC Based
- ARM Based
- By Application:
- OEMs
- Aftermarket
- 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 Vehicle Passive Keyless Entry System 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.
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- Correctly Positioning New Products
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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 vehicle passive keyless entry system is a security feature that uses a radio frequency transmitter to send a signal to the car's key fob, which then unlocks the car.
Some of the major players in the vehicle passive keyless entry system market are Continental, Hella, Valeo, ZF TRW, Alps Electric, Atmel, Denso, Hyundai MOBIS, Marquardt, Mitsubishi Electric, Continental.
The vehicle passive keyless entry system 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 Vehicle Passive Keyless Entry System 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 Vehicle Passive Keyless Entry System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vehicle Passive Keyless Entry System 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 Vehicle Passive Keyless Entry System 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 Vehicle Passive Keyless Entry System Market Size & Forecast, 2020-2028
4.5.1 Vehicle Passive Keyless Entry System Market Size and Y-o-Y Growth
4.5.2 Vehicle Passive Keyless Entry System Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 PIC Based
5.2.2 ARM Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 OEMs
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vehicle Passive Keyless Entry System 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 Vehicle Passive Keyless Entry System 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 PIC Based
9.6.2 ARM Based
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 Market Size Forecast by Applications
9.10.1 OEMs
9.10.2 Aftermarket
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 PIC Based
10.6.2 ARM Based
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 Market Size Forecast by Applications
10.10.1 OEMs
10.10.2 Aftermarket
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 PIC Based
11.6.2 ARM Based
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 Market Size Forecast by Applications
11.10.1 OEMs
11.10.2 Aftermarket
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 PIC Based
12.6.2 ARM Based
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 Market Size Forecast by Applications
12.10.1 OEMs
12.10.2 Aftermarket
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 PIC Based
13.6.2 ARM Based
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) Market Size Forecast by Applications
13.10.1 OEMs
13.10.2 Aftermarket
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 Vehicle Passive Keyless Entry System Market: Competitive Dashboard
14.2 Global Vehicle Passive Keyless Entry System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Continental
14.3.2 Hella
14.3.3 Valeo
14.3.4 ZF TRW
14.3.5 Alps Electric
14.3.6 Atmel
14.3.7 Denso
14.3.8 Hyundai MOBIS
14.3.9 Marquardt
14.3.10 Mitsubishi Electric
14.3.11 Continental
