Growing automotive sales and production is expected to have a direct bearing on the global keyless vehicle access control systems market throughout the forecast period. Development in communication & transportation infrastructure along with the growing awareness of technologically sophisticated features is anticipated to favorably impact market growth. Significant developments have led to the integration of features such as vehicle temperature information, car security in keyless vehicle access systems.
Combination of remote and passive keyless entry technologies along with “entry and go” as well as “keyless go” technologies eliminate the need for traditional ignition lock. This equipment can also be used for applications such as car alarms, tire pressure monitoring systems, light control front & rear seat settings, and storing multimedia files.
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Passive Keyless Entry Systems (PKES) are expected to witness significant growth over the forecast period by providing luxury and convenience to customers. Technological advancements in door latch systems have resulted in PKES emerging as cost effective solutions to automakers and suppliers. Furthermore, PKES help in enhancing car users’ convenience by supporting easy entry/exit into/from the car. PKES are primarily deployed in sports cars and SUVs. Remote Keyless Entry Systems (RKES) provide the driver convenience through unlocking or locking of car and also for starting the engine through encrypted communication without touching the key. RKES is one of the major features used in most of the new vehicles such as cars ranging from low-end compact economy cars to the mid-to-high-end cars.
Developing regions such as Latin America, Europe and Asia are anticipated to exhibit higher penetration rate in the commercial as well as passenger vehicles market. Asia Pacific is expected to witness substantial growth on account of the rising demand of automotives. North America is expected to witness stagnancy in automotive production as well as its demand over the forecast period. Furthermore, in comparison with PKES, RKES have much higher penetration rate of the total North American access control market.
Key market players include TRW Automotive Holdings Corporation, Valeo S.A., Alps Automotive Inc., Omron Automotive Electronics Co. Ltd., Calsonic Kansei Corporation, Atmel Corporation, Denso Corporation, Lear Corporation, and Continental Automotive GmbH.
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