Global Two-wheeler Keyless Entry System Market 2017-2021

This market research study identifies ZF Friedrichshafen, Continental, Delphi, Valeo, and Hella as the leading players in the global two-wheeler keyless entry system market. A comprehensive analysis of this market is also presented by end user (aftermarket and OEMs) and by geography (the Americas, APAC, and EMEA).

Overview of the global two-wheeler keyless entry system market

The demand for premium motorcycles is increasing in APAC due to the rising number of HNWIs. This is encouraging the international premium motorcycle OEMs to shift their production facilities in the developing markets in APAC. Vehicles such as KTM is successfully capturing the market. Our research analysis on the global two-wheeler keyless entry system market identifies that the rising sales volume of luxury motorcycles in APAC will be one of the major factors that will have a positive impact on the growth of the market. The rising focus on the production of units suitable for export and the improvement of the quality of indigenous motorcycle models are driving motorcycle OEMs to enter into partnerships with international motorcycle OEMs, such as BMW, MV Agusta, and Harley-Davidson. This will further boost the demand for premium motorcycles and two-wheeler keyless entry systems. Technavio’s market research analysts predict that in terms of units, this market will grow at a CAGR of more than 10% by 2021.

Manufacturers are integrating their two-wheelers with immobilizers to improve the bike security system. The immobilizer helps in the detection of personal code when the ignition key is turned on and request for the second code. If the code does not match with the one stored in the immobilizer, the immobilizer deactivates systems such as the fuel system, starter motor, or ignition. This in turn, restricts the movement of vehicles. The integration of motorcycle immobilizer with keyless entry system is identified as one of the key trends that will boost growth in the two-wheeler keyless entry system market in the forthcoming years.

Competitive landscape and key vendors

The two-wheeler keyless entry system market is mostly concentrated. The manufacturers or OEM suppliers are always under high-cost pressure. This makes them work with maximum operational efficiencies and strict margins. Vendors in the two-wheeler security system market are focusing on technological advancements to develop reliable and accurate systems with advanced features.

Key vendors in this market are -

• ZF Friedrichshafen
• Continental
• Delphi
• Valeo
• Hella

Other prominent vendors in the market include Alps Electric, Atmel, DENSO Corporation, Marquardt, Mitsubishi Electric, and Lear Corporation.

Segmentation by end user and analysis of the two-wheeler keyless entry system market

• Aftermarket
• OEMs

The aftermarket for two-wheeler keyless entry systems segment comprises of replacement market and add-on fitting market. The opportunity for keyless entry systems in the aftermarket is increasing because the penetration of factory-fitted keyless entry systems in two-wheeler is very low. This will have a positive impact on the two-wheeler keyless entry system market.

Segmentation by geography and analysis of the two-wheeler keyless entry system market

• Americas
• APAC
• EMEA

The increasing purchase volume of Harley-Davidson, DUCATI, BMW Motorrad, and Triumph by a large number of consumers is driving the growth prospects for the two-wheeler security system market in the US. The inclusion of keyless security options and anti-lock braking systems (ABS) in two-wheelers in the scooter segment will boost the sales volume of these scooters in countries such as Brazil, Mexico, Argentina, Colombia, and the US in the Americas.

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 two-wheeler keyless entry system market?
• What are the key market trends impacting the growth of the global two-wheeler keyless entry system market?
• What are the challenges to market growth?
• Who are the key vendors in the global two-wheeler keyless entry system market?
• What are the market opportunities and threats faced by the vendors in the global two-wheeler keyless entry system 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 two-wheeler keyless entry system market?

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