Automotive Remote Keyless Entry System Market to grow by USD 1.13 Bn by 2026, Alps Alpine Co. Ltd, ARCO Lock & Continental AG, and Denso Corp. as key Vendors - Technavio

News provided by

Oct 21, 2022, 02:00 ET

NEW YORK, Oct. 21, 2022 /PRNewswire/ -- Technavio has been monitoring the automotive remote keyless entry system market, operating under the consumer discretionary industry. The report estimates the market to register an incremental growth of USD 1.13 billion, at a CAGR of 12.6% during the forecast period. The major growth will originate from North America by 32%.

Automotive Remote Keyless Entry System Market: Vendor Analysis

Technavio has announced its latest market research report titled Global Automotive Remote Keyless Entry System Market 2022-2026

The market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The report analyzes the market's competitive landscape and offers information on several market vendors, including:

Alps Alpine Co. Ltd: The company offers mobile devices, consumer electronics, and automobiles, as well as healthcare and energy-related devices.
Continental AG: The company offers automotive remote keyless systems such as immobilizers, start-stop buttons, and multiview professional 12.
Denso Corp.: The company offers automotive remote keyless systems such as immobilizers.
HELLA GmbH & Co. KG: The company offers automotive remote keyless systems such as immobilizers and tire pressure monitoring.
Hyundai Motor Group: The company offers autonomous driving system sensors, key parts, and eco-friendly parts.

To know additional highlights and critical points on various market segments and their impact in coming years, Download Free Sample Report.

Automotive Remote Keyless Entry System Market: Segmentation Analysis by Vehicle Type

The report extensively covers the automotive remote keyless entry system market segmentation by

Vehicle type (passenger cars and commercial vehicles)
End-user (OEMs and aftermarket)
Geography (North America, Europe, APAC, the Middle East and Africa, and South America)

The global automotive remote keyless entry system market is anticipated to expand over the course of the projected period due to a rise in vehicle sales. As more cars become technologically advanced, rising demand for passenger vehicles will fuel the growth of the worldwide automotive remote keyless entry market during the forecast period.

Additionally, E-commerce and the growing use of commercial vehicles for transportation both have a significant impact on the expansion of the commercial vehicle industry. Infrastructure development, e-mobility acceptance in business sectors, and rising industrialization all assist the growth of the automotive industry and contribute to rising commercial vehicle demand. Buy Sample Report.

Automotive Remote Keyless Entry System Market: Regional Analysis

The demand for vehicle security systems in North America has been driven by an increase in concern over auto theft. The manufacturing of passenger cars directly affects the market for passenger cars since automotive remote keyless entry systems are a standard feature in all passenger automobiles. The need for security systems that cannot be hot-wired has increased as trucks and LCVs become more electronic-intensive.

Recent years have seen a slight decline in vehicle theft in North America due to the adoption of security systems like strong vehicle tracking systems, remote and passive keyless entry systems, and anti-theft alarm systems. To further lessen the likelihood of theft in the area, consumers and regulatory organizations have consistently urged the deployment of car security systems. Request Free Sample Report.

Automotive Remote Keyless Entry System Market: Key Highlights

CAGR of the market during the forecast period
Detailed information on factors that will assist automotive remote keyless entry system market growth during the next five years
Estimation of the automotive remote keyless entry system market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the automotive remote keyless entry system market

Get lifetime access to our Technavio Insights! Subscribe to our "Basic Plan" billed annually at USD 5000.

Related Reports

Automotive OBD Dongle Market by Vehicle Type and Geography - Forecast and Analysis 2022-2026: The report extensively covers the automotive OBD dongle market segmentation by vehicle type (passenger cars and commercial vehicles) and geography (North America, APAC, Europe, South America, and the Middle East and Africa).

Automotive Reconfigurable Instrument Cluster Market Product and Geography - Forecast and Analysis - 2022-2026: The report extensively covers the automotive reconfigurable instrument cluster market segmentation by product (partially reconfigurable instrument cluster and fully reconfigurable instrument cluster) and geography (North America, Europe, APAC, South America, and the Middle East and Africa).

Automotive Remote Keyless Entry System Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 12.6%
Market growth 2022-2026	$1.13 billion
Market structure	Fragmented
YoY growth (%)	12.2
Regional analysis	North America, Europe, APAC, Middle East and Africa, and South America
Performing market contribution	North America at 32%
Key consumer countries	US, Canada, China, India, Germany, and Italy
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	Alps Alpine Co. Ltd, ARCO Lock and Security ENTERN LLC, CK Holdings Co. Ltd., Continental AG, Denso Corp., HELLA GmbH and Co. KG, Hyundai Motor Group, Marquardt GmbH, Microchip Technology Inc., Mitsubishi Electric Corp., NXP Semiconductors NV, Robert Bosch Stiftung GmbH, Texas Instruments Inc., Tokai Rika Co. Ltd, Valeo SA, VOXX International Corp., and ZEPPELIN GmbH
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Vehicle Type
Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 13: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 18: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Vehicle Type

5.1 Market segments

Exhibit 25: Chart on Vehicle Type - Market share 2021-2026 (%)
Exhibit 26: Data Table on Vehicle Type - Market share 2021-2026 (%)

5.2 Comparison by Vehicle Type

Exhibit 27: Chart on Comparison by Vehicle Type
Exhibit 28: Data Table on Comparison by Vehicle Type

5.3 Passenger cars - Market size and forecast 2021-2026

Exhibit 29: Chart on Passenger cars - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Data Table on Passenger cars - Market size and forecast 2021-2026 ($ million)
Exhibit 31: Chart on Passenger cars - Year-over-year growth 2021-2026 (%)
Exhibit 32: Data Table on Passenger cars - Year-over-year growth 2021-2026 (%)

5.4 Commercial vehicles - Market size and forecast 2021-2026

Exhibit 33: Chart on Commercial vehicles - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Data Table on Commercial vehicles - Market size and forecast 2021-2026 ($ million)
Exhibit 35: Chart on Commercial vehicles - Year-over-year growth 2021-2026 (%)
Exhibit 36: Data Table on Commercial vehicles - Year-over-year growth 2021-2026 (%)

5.5 Market opportunity by Vehicle Type

Exhibit 37: Market opportunity by Vehicle Type ($ million)

6 Market Segmentation by End-user

6.1 Market segments

Exhibit 38: Chart on End-user - Market share 2021-2026 (%)
Exhibit 39: Data Table on End-user - Market share 2021-2026 (%)

6.2 Comparison by End-user

Exhibit 40: Chart on Comparison by End-user
Exhibit 41: Data Table on Comparison by End-user

6.3 OEMs - Market size and forecast 2021-2026

Exhibit 42: Chart on OEMs - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on OEMs - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on OEMs - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on OEMs - Year-over-year growth 2021-2026 (%)

6.4 Aftermarket - Market size and forecast 2021-2026

Exhibit 46: Chart on Aftermarket - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on Aftermarket - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on Aftermarket - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Aftermarket - Year-over-year growth 2021-2026 (%)

6.5 Market opportunity by End-user

Exhibit 50: Market opportunity by End-user ($ million)

7 Customer Landscape

7.1 Customer landscape overview

Exhibit 51: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

8.1 Geographic segmentation

Exhibit 52: Chart on Market share by geography 2021-2026 (%)
Exhibit 53: Data Table on Market share by geography 2021-2026 (%)

8.2 Geographic comparison

Exhibit 54: Chart on Geographic comparison
Exhibit 55: Data Table on Geographic comparison

8.3 North America - Market size and forecast 2021-2026

Exhibit 56: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 57: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 58: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 59: Data Table on North America - Year-over-year growth 2021-2026 (%)

8.4 Europe - Market size and forecast 2021-2026

Exhibit 60: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 61: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 62: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 63: Data Table on Europe - Year-over-year growth 2021-2026 (%)

8.5 APAC - Market size and forecast 2021-2026

Exhibit 64: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 65: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 66: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 67: Data Table on APAC - Year-over-year growth 2021-2026 (%)

8.6 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 68: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 69: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 70: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 71: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

8.7 South America - Market size and forecast 2021-2026

Exhibit 72: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 73: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 74: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 75: Data Table on South America - Year-over-year growth 2021-2026 (%)

8.8 US - Market size and forecast 2021-2026

Exhibit 76: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 77: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 78: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 79: Data Table on US - Year-over-year growth 2021-2026 (%)

8.9 China - Market size and forecast 2021-2026

Exhibit 80: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 81: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 82: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 83: Data Table on China - Year-over-year growth 2021-2026 (%)

8.10 Germany - Market size and forecast 2021-2026

Exhibit 84: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 85: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 86: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 87: Data Table on Germany - Year-over-year growth 2021-2026 (%)

8.11 Italy - Market size and forecast 2021-2026

Exhibit 88: Chart on Italy - Market size and forecast 2021-2026 ($ million)
Exhibit 89: Data Table on Italy - Market size and forecast 2021-2026 ($ million)
Exhibit 90: Chart on Italy - Year-over-year growth 2021-2026 (%)
Exhibit 91: Data Table on Italy - Year-over-year growth 2021-2026 (%)

8.12 Canada - Market size and forecast 2021-2026

Exhibit 92: Chart on Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 93: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 94: Chart on Canada - Year-over-year growth 2021-2026 (%)
Exhibit 95: Data Table on Canada - Year-over-year growth 2021-2026 (%)

8.13 India - Market size and forecast 2021-2026

Exhibit 96: Chart on India - Market size and forecast 2021-2026 ($ million)
Exhibit 97: Data Table on India - Market size and forecast 2021-2026 ($ million)
Exhibit 98: Chart on India - Year-over-year growth 2021-2026 (%)
Exhibit 99: Data Table on India - Year-over-year growth 2021-2026 (%)

8.14 Market opportunity by geography

Exhibit 100: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

9.1 Market drivers

9.2 Market challenges

9.3 Impact of drivers and challenges

Exhibit 101: Impact of drivers and challenges in 2021 and 2026

9.4 Market trends

10 Vendor Landscape

10.1 Overview

10.2 Vendor landscape

Exhibit 102: Overview on Criticality of inputs and Factors of differentiation

10.3 Landscape disruption

Exhibit 103: Overview on factors of disruption

10.4 Industry risks

Exhibit 104: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered

Exhibit 105: Vendors covered

11.2 Market positioning of vendors

Exhibit 106: Matrix on vendor position and classification

11.3 Alps Alpine Co. Ltd

Exhibit 107: Alps Alpine Co. Ltd - Overview
Exhibit 108: Alps Alpine Co. Ltd - Business segments
Exhibit 109: Alps Alpine Co. Ltd - Key news
Exhibit 110: Alps Alpine Co. Ltd - Key offerings
Exhibit 111: Alps Alpine Co. Ltd - Segment focus

11.4 Continental AG

Exhibit 112: Continental AG - Overview
Exhibit 113: Continental AG - Business segments
Exhibit 114: Continental AG - Key news
Exhibit 115: Continental AG - Key offerings
Exhibit 116: Continental AG - Segment focus

11.5 Denso Corp.

Exhibit 117: Denso Corp. - Overview
Exhibit 118: Denso Corp. - Business segments
Exhibit 119: Denso Corp. - Key news
Exhibit 120: Denso Corp. - Key offerings
Exhibit 121: Denso Corp. - Segment focus

11.6 HELLA GmbH and Co. KG

Exhibit 122: HELLA GmbH and Co. KG - Overview
Exhibit 123: HELLA GmbH and Co. KG - Business segments
Exhibit 124: HELLA GmbH and Co. KG - Key offerings
Exhibit 125: HELLA GmbH and Co. KG - Segment focus

11.7 Microchip Technology Inc.

Exhibit 126: Microchip Technology Inc. - Overview
Exhibit 127: Microchip Technology Inc. - Business segments
Exhibit 128: Microchip Technology Inc. - Key news
Exhibit 129: Microchip Technology Inc. - Key offerings
Exhibit 130: Microchip Technology Inc. - Segment focus

11.8 Mitsubishi Electric Corp.

Exhibit 131: Mitsubishi Electric Corp. - Overview
Exhibit 132: Mitsubishi Electric Corp. - Business segments
Exhibit 133: Mitsubishi Electric Corp. - Key news
Exhibit 134: Mitsubishi Electric Corp. - Key offerings
Exhibit 135: Mitsubishi Electric Corp. - Segment focus

11.9 NXP Semiconductors NV

Exhibit 136: NXP Semiconductors NV - Overview
Exhibit 137: NXP Semiconductors NV - Product / Service
Exhibit 138: NXP Semiconductors NV - Key news
Exhibit 139: NXP Semiconductors NV - Key offerings

11.10 Robert Bosch Stiftung GmbH

Exhibit 140: Robert Bosch Stiftung GmbH - Overview
Exhibit 141: Robert Bosch Stiftung GmbH - Product / Service
Exhibit 142: Robert Bosch Stiftung GmbH - Key offerings

11.11 Tokai Rika Co. Ltd

Exhibit 143: Tokai Rika Co. Ltd - Overview
Exhibit 144: Tokai Rika Co. Ltd - Product / Service
Exhibit 145: Tokai Rika Co. Ltd - Key offerings

11.12 Valeo SA

Exhibit 146: Valeo SA - Overview
Exhibit 147: Valeo SA - Business segments
Exhibit 148: Valeo SA - Key news
Exhibit 149: Valeo SA - Key offerings
Exhibit 150: Valeo SA - Segment focus

12 Appendix

12.1 Scope of the report

12.2 Inclusions and exclusions checklist

Exhibit 151: Inclusions checklist
Exhibit 152: Exclusions checklist

12.3 Currency conversion rates for US$

Exhibit 153: Currency conversion rates for US$

12.4 Research methodology

Exhibit 154: Research methodology
Exhibit 155: Validation techniques employed for market sizing
Exhibit 156: Information sources

12.5 List of abbreviations

Exhibit 157: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio