Global Commercial Vehicle Keyless Entry Systems Market 2017-2021

The introduction of vehicle access systems with innovative Bluetooth technology is one of the key trends that will gain traction in the commercial vehicle keyless entry systems market in the coming years. KES manufacturers primarily focus on the security and reliability offered of the system and offer several secure and reliable solutions such as electronic immobilizers and PKES.  One of the major players Continental has also introduced the Smart Access solution that uses Bluetooth Low Energy (BLE) to enable secure smartphone keys. The system grants access authorization only when the BLE transmits the information from the smart device to the car by recognizing the right key. To allow information access by other devices such as smart watches, the company is also working on equipping the systems with Near Field Communication (NFC) technology.

Competitive landscape and key vendors

The commercial vehicle keyless entry systems market appears to be highly concentrated. The growth of the players in this automotive keyless entry systems market depends on technological advancements towards developing reliable, accurate, and advanced systems. Since the introduction of stringent regulations affect the players? profit margins, they have the need to maintain a balance between advancements in the system and its production costs.

Key vendors in this market are -

• Continental
• Delphi Automotive
• DENSO
• HELLA
• Lear

Other prominent vendors in the market include Advanced Keys, ALPS ELECTRIC, Atmel (MICROCHIP TECHNOLOGY), HYUNDAI MOBIS, Marquardt, Mitsubishi Electric, OMRON, Valeo, and ZF Friedrichshafen.

Segmentation by product type and analysis of the commercial vehicle keyless entry systems market

• Passive keyless entry system (PKES)
• Remote keyless entry system (RKES)

RKES was first introduced in luxury vehicles and with its popularity, manufacturers have started integrating these systems in the mid-segment vehicles and commercial vehicles as well. This system enables the driver to lock or unlock the vehicle door by using the buttons on the RKES key fob. The installation of RKES in various vehicles is increasing due to the rising number of vehicle thefts. According to our analysis, the RKES segment will account for the maximum share of this automotive keyless entry systems market throughout the next few years.

Segmentation by geography and analysis of the commercial vehicle keyless entry systems market

• Americas
• APAC
• EMEA

It has been observed that the adoption of enhanced security systems such RKES, PKES, anti-theft alarm system, and strong vehicle tracking systems has resulted in a decrease in the incidence of vehicle thefts in the Americas. With both the consumers and regulatory bodies encouraging the integration of vehicle security systems in both the passenger and commercial vehicles, the commercial vehicle keyless entry systems market will witness considerable growth in the Americas during the next few years.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global commercial vehicle keyless entry systems market?
• What are the key market trends impacting the growth of the global commercial vehicle keyless entry systems market?
• What are the challenges to market growth?
• Who are the key vendors in the global commercial vehicle keyless entry systems market?
• What are the market opportunities and threats faced by the vendors in the global commercial vehicle keyless entry systems market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global commercial vehicle keyless entry systems market?

Technavio also offers customization on reports based on specific client requirement.

The upcoming report on the global commercial vehicle keyless entry system market is an essential part of the automotive portfolio under the fast-growing subdivision like automotive electronics. By following a meticulous data collection methodology, our market research specialists offer a detailed analysis of the latest trends and growth drivers that influence the growth of the automotive electronics industry. Although the market for commercial vehicle keyless entry is likely to witness steady growth over the coming years, factors such as vulnerabilities in the keyless entry system may hinder the growth of this market during the estimated period from 2017 to 2021.

Our market research analysis includes primary and secondary research techniques like telephone and online surveys, vendor briefings, webinars, and podcasts, and industry journals and publications to help clients develop effective growth strategies and keep up-to-speed with the changing market landscape. Furthermore, vendors like Delphi, Lear, Amtel, Hella, Continental, and Denso are covered in this upcoming industry research report on the global commercial vehicle keyless entry system market.

This market research report also offers a detailed analysis of this market across geographies like the Americas, APAC, and EMEA to help clients identify potential market opportunities and expand in niche markets. The upcoming industry report also offers insights into fast-growing segments within the automotive industry, including sectors like automotive accessories and automotive components. Additionally, this report also presents insights into the competitive landscape to give clients a realistic picture of the future direction of the industry.