Press release
Automotive Keyless Entry System Market Overview with Detailed Analysis, Competitive landscape Forecast to 2028
The automotive keyless entry system comprises an electronic locking feature, which safeguards access to the vehicle electronically and substitutes the conventional mechanical key. The integration of smartphones and rising demand for connected cars would encourage vendors to launch advanced automotive keyless entry systems in the market. In addition, the growing regulatory policies, which focused on vehicle safety and increased sales of luxury cars, are driving the market growth.
Get Exclusive Sample Pages of Automotive Keyless Entry System Market at https://www.theinsightpartners.com/sample/TIPRE00017108/
Companies Profiled in this report includes: ALPS ALPINE CO., LTD., Continental AG, Delphi Automotive, Denso Corporation, HELLA GmbH and Co. KGaA, Lear Corporation, Marquardt GmbH, Mitsubishi Electric Corporation, NXP Semiconductors, Valeo
MARKET SEGMENTATION
On the basis of product type, the market is segmented as passive keyless entry (PKE) system and remote keyless entry (RKE) system.
On the basis of end user, the market is segmented as aftermarket and original equipment manufacturer (OEMs).
On the basis of vehicle type, the market is segmented as passenger cars and commercial vehicles.
MARKET DYNAMICS
Drivers:
growing regulatory policies that focus on vehicle safety
increased sales of luxury cars
rising focus on increasing the functionality of an automotive keyless entry system by integrating it into other vehicle components
Restraint -
high initial investment
To Speak analyst on Automotive Keyless Entry System Market Growth Research Report at https://www.theinsightpartners.com/speak-to-analyst/TIPRE00017108
IMPACT OF COVID-19ON AUTOMOTIVE KEYLESS ENTRY SYSTEM MARKET
COVID-19 severely impacted the automobile industry by the end of 2020 as there were several travel bans and other lockdown related restrictions imposed across the globe. The impact of the pandemic extends to all segments of the automotive and transportation industry, including Automotive Keyless Entry System manufacturers. As a result of travel restrictions and economic slowdown due to the pandemic and the consequent fall in demand, automotive manufacturers have been focusing on reducing costs and expenses, which includes cutting back on production spending. Due to long duration of halts in the supply chain of major automotive production, the Automotive Keyless Entry System suppliers have been facing a reduction in demand. However, as the lockdown measures start getting lifted, the demand for passenger cars with improved safety features is expected to rise. Since Automotive Keyless Entry Systems are one of the vital components of safety features in luxury passenger cars and heavy duty commercial vehicles, the market of Automotive Keyless Entry System is expected to regain momentum.
Order Copy of this Automotive Keyless Entry System Market Research Study at https://www.theinsightpartners.com/buy/TIPRE00017108/
Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Get Exclusive Sample Pages of Automotive Keyless Entry System Market at https://www.theinsightpartners.com/sample/TIPRE00017108/
Companies Profiled in this report includes: ALPS ALPINE CO., LTD., Continental AG, Delphi Automotive, Denso Corporation, HELLA GmbH and Co. KGaA, Lear Corporation, Marquardt GmbH, Mitsubishi Electric Corporation, NXP Semiconductors, Valeo
MARKET SEGMENTATION
On the basis of product type, the market is segmented as passive keyless entry (PKE) system and remote keyless entry (RKE) system.
On the basis of end user, the market is segmented as aftermarket and original equipment manufacturer (OEMs).
On the basis of vehicle type, the market is segmented as passenger cars and commercial vehicles.
MARKET DYNAMICS
Drivers:
growing regulatory policies that focus on vehicle safety
increased sales of luxury cars
rising focus on increasing the functionality of an automotive keyless entry system by integrating it into other vehicle components
Restraint -
high initial investment
To Speak analyst on Automotive Keyless Entry System Market Growth Research Report at https://www.theinsightpartners.com/speak-to-analyst/TIPRE00017108
IMPACT OF COVID-19ON AUTOMOTIVE KEYLESS ENTRY SYSTEM MARKET
COVID-19 severely impacted the automobile industry by the end of 2020 as there were several travel bans and other lockdown related restrictions imposed across the globe. The impact of the pandemic extends to all segments of the automotive and transportation industry, including Automotive Keyless Entry System manufacturers. As a result of travel restrictions and economic slowdown due to the pandemic and the consequent fall in demand, automotive manufacturers have been focusing on reducing costs and expenses, which includes cutting back on production spending. Due to long duration of halts in the supply chain of major automotive production, the Automotive Keyless Entry System suppliers have been facing a reduction in demand. However, as the lockdown measures start getting lifted, the demand for passenger cars with improved safety features is expected to rise. Since Automotive Keyless Entry Systems are one of the vital components of safety features in luxury passenger cars and heavy duty commercial vehicles, the market of Automotive Keyless Entry System is expected to regain momentum.
Order Copy of this Automotive Keyless Entry System Market Research Study at https://www.theinsightpartners.com/buy/TIPRE00017108/
Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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