Global Automotive Keyless Entry Systems Market Likely to Grow at 6.8% CAGR During 2016 to 2021
This report, from, studies the keyless entry systems market in the global automotive industry over the period 2010 to 2021.
(EMAILWIRE.COM, October 17, 2018 )
Stratview Research announces the addition of a new market research report on Global Automotive Keyless Entry Systems Market by Vehicle type (Passenger Car, Light Duty Vehicle, and Medium & Heavy Duty Vehicle), by System Type (Remote and Passive), by End Market (OEMs and Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016-2021
The Global Automotive Keyless Entry Systems Market: Highlights
The global automotive keyless entry systems market offers a robust growth opportunity of 6.8% CAGR during the forecast period of 2016 to 2021.
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There are a number of factors bolstering the growth of keyless entry systems in the global automotive industry. The author of the report cited increasing automotive production, stringent vehicle theft prevention regulations, focus on high comfort and convenience, and demand for high security vehicles as the major drivers of the global keyless entry systems market.
Remote keyless entry system (RKE) is the dominant entry system worldwide and offers optimum solutions to all the low cost auto vehicles. Passive keyless entry system (PKE) is likely to witness the fastest growth during the forecast period as it offers higher convenience and better security to the vehicle than traditional remote keyless entry system.
The research report suggests that passenger car segment is expected to remain the largest market for keyless entry systems during the forecast period. High demand for better comfort and security vehicles and increasing car production will continue to drive the demand of the keyless entry systems in the passenger car segment.
Asia-Pacific region is expected to be the growth engine of the global keyless entry systems market in the next five years, driven by emerging economies, such as China and India. China is the world’s largest automotive market having a good growth potential in the next five years.
The global automotive keyless entry systems market is a highly consolidated market. The key keyless entry system manufacturers are Continental AG, Hella Group, Delphi, Valeo, TRW Automotive, Alps Electric and Mitsubishi Electric Corporation. New product development, capacity expansion and regional expansion are the key strategies adopted by the key players to gain competitive edge in the market.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Stratview Research announces the addition of a new market research report on Global Automotive Keyless Entry Systems Market by Vehicle type (Passenger Car, Light Duty Vehicle, and Medium & Heavy Duty Vehicle), by System Type (Remote and Passive), by End Market (OEMs and Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016-2021
The Global Automotive Keyless Entry Systems Market: Highlights
The global automotive keyless entry systems market offers a robust growth opportunity of 6.8% CAGR during the forecast period of 2016 to 2021.
Click Here For Table Of Contents :-
https://www.stratviewresearch.com/toc/159/automotive-keyless-entry-systems-market.html
Or
Request Sample :-
https://www.stratviewresearch.com/Request-Sample/159/automotive-keyless-entry-systems-market.html
There are a number of factors bolstering the growth of keyless entry systems in the global automotive industry. The author of the report cited increasing automotive production, stringent vehicle theft prevention regulations, focus on high comfort and convenience, and demand for high security vehicles as the major drivers of the global keyless entry systems market.
Remote keyless entry system (RKE) is the dominant entry system worldwide and offers optimum solutions to all the low cost auto vehicles. Passive keyless entry system (PKE) is likely to witness the fastest growth during the forecast period as it offers higher convenience and better security to the vehicle than traditional remote keyless entry system.
The research report suggests that passenger car segment is expected to remain the largest market for keyless entry systems during the forecast period. High demand for better comfort and security vehicles and increasing car production will continue to drive the demand of the keyless entry systems in the passenger car segment.
Asia-Pacific region is expected to be the growth engine of the global keyless entry systems market in the next five years, driven by emerging economies, such as China and India. China is the world’s largest automotive market having a good growth potential in the next five years.
The global automotive keyless entry systems market is a highly consolidated market. The key keyless entry system manufacturers are Continental AG, Hella Group, Delphi, Valeo, TRW Automotive, Alps Electric and Mitsubishi Electric Corporation. New product development, capacity expansion and regional expansion are the key strategies adopted by the key players to gain competitive edge in the market.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
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Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
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Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results