Enjoy complimentary customisation on priority with our Enterprise License!
Various regulatory bodies across the globe are coming up with stringent regulations to standardize and improve the safety features in vehicles. This is resulting in the increased adoption of keyless entry systems (KES) in commercial vehicles (CV). According to Technavio's market research analysis, the rising number of regulatory mandates for safety will be one of the primary growth drivers for the global commercial vehicle keyless entry systems market till 2021. With the introduction of stringent regulations, players in the automotive electronic component value chain have the need to follow ISO 26262 standards. The objective of electromagnetic compatibility (EMC) regulation is to avoid the electromagnetic disturbances by formulating standards and processes. It also aims at reducing the unwanted electromagnetic emissions. Technavio's market research analysts predict that in terms of units, this market will grow at a CAGR of more than 5% by 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.
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 -
Other prominent vendors in the market include Advanced Keys, ALPS ELECTRIC, Atmel (MICROCHIP TECHNOLOGY), HYUNDAI MOBIS, Marquardt, Mitsubishi Electric, OMRON, Valeo, and ZF Friedrichshafen.
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.
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.
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.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product type
PART 07: Geographical segmentation
PART 08: Drivers and challenges
PART 09: Market trends
PART 10: Vendor landscape
PART 11: Key vendor analysis
PART 12: Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.