The global automotive keyless entry system market size was US$ 1.72 billion in 2021. The global automotive keyless entry system market size is forecast to reach US$ 5.36 billion by 2030, growing at a compound annual growth rate (CAGR) of 12.8% during the forecast period from 2022 to 2030. 

The term 'automotive keyless entry system' refers to an electronic lock that allows the user physical access to the car and allows locking and unlocking without the use of a traditional mechanical key for increased security and convenience. The keyless entry system secures access to the vehicle with Bluetooth unlocking systems, radio frequency identification locks, electronic locks, and biometric scanning.

Factors Influencing Market Growth

• Factors such as the advent of smart technology for vehicle safety and enhanced comfort, and product expansion to cater to transforming demand patterns drive the global market.
• The increased cost of the keyless entry system and the decline in production and sale of automobiles may slow down the overall industry growth.
• The increasing demand for connected, autonomous, semi-autonomous cars and the penetration of smartphones is forecast to create lucrative opportunities for growth in the global market during the forecast period.

Impact Analysis of COVID-19

The COVID-19 pandemic had a negative impact on the global automotive keyless entry system market. In order to curb the COVID-19 virus from spreading, governments worldwide implemented strict lockdowns, made social distance mandatory, and prohibited the import-export of vital raw materials. This resulted in a sharp drop in the supply of critical raw materials for automobile keyless entry systems. Automobile production and sales suffered significantly due to the COVID-19 pandemic. In addition, disrupted supply networks and manufacturing schedules negatively impact the market for automotive keyless entry systems.

Regional Analysis

The Asia Pacific region garnered the major market share in 2021 and is forecast to have lucrative growth during the forecast period. As a result of the growing vehicle production, the substantial existence of OEMs, and the presence of service and solution providers. In addition, advances in technology for vehicle active security systems fuel the market growth in the region.

Leading Competitors

The leading prominent companies profiled in the global automotive keyless entry system market are:

• Alps Electric Co. Limited
• Continental AG
• DENSO Corporation
• Hella KGaA Hueck & Co.
• Microchip Technology Incorporated
• Mitsubishi Electric Corporation
• NXP Semiconductors
• Robert Bosch GmbH
• Tokai Rika
• Valeo
• Other Prominent Players

Scope of the Report

The global automotive keyless entry system market segmentation focuses on Sales Channel, Vehicle Type, Product Type, and Region.

Segmentation based on Sales Channel

• Original Equipment Manufacturer
• Aftermarket

Segmentation based on Vehicle Type

• Passenger Cars
• Light Duty Commercial Vehicle (LCV)
• Heavy Duty Commercial Vehicle (HCV)

Segmentation based on Product Type

• Remote Keyless Entry (RKE) System
• Passive Keyless Entry (PKE) System

Segmentation based on Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Western Europe
    • The UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Western Europe
  • Eastern Europe
    • Poland
    • Russia
    • Rest of Eastern Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Australia & New Zealand
  • ASEAN
  • Rest of Asia Pacific
• Middle East & Africa (MEA)
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA
• South America
  • Brazil
  • Argentina
  • Rest of South America

[TABLE OF CONTENTS]

1 INTRODUCTION OF GLOBAL AUTOMOTIVE KEYLESS ENTRY SYSTEM MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES

4 GLOBAL AUTOMOTIVE KEYLESS ENTRY SYSTEM MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE MODEL
4.4 VALUE CHAIN ANALYSIS

5 GLOBAL AUTOMOTIVE KEYLESS ENTRY SYSTEM MARKET, BY SALES CHANNEL
5.1 OVERVIEW
5.2 ORIGINAL EQUIPMENT MANUFACTURER
5.3 AFTERMARKET

6 GLOBAL AUTOMOTIVE KEYLESS ENTRY SYSTEM MARKET, BY VEHICLE TYPE
6.1 OVERVIEW
6.2 PASSENGER CARS 
6.3 LIGHT DUTY COMMERCIAL VEHICLE (LCV)
6.4 HEAVY DUTY COMMERCIAL VEHICLE (HCV)

7 GLOBAL AUTOMOTIVE KEYLESS ENTRY SYSTEM MARKET, BY PRODUCT TYPE
7.1 OVERVIEW
7.2 REMOTE KEYLESS ENTRY (RKE) SYSTEM
7.3 PASSIVE KEYLESS ENTRY (PKE) SYSTEM

8 GLOBAL AUTOMOTIVE KEYLESS ENTRY SYSTEM MARKET, BY GEOGRAPHY
8.1 OVERVIEW

8.2 NORTH AMERICA

8.2.1 NORTH AMERICA MARKET SNAPSHOT
8.2.2 U.S.
8.2.3 CANADA
8.2.4 MEXICO

8.3 EUROPE

8.3.1 EUROPE MARKET SNAPSHOT
8.3.2 WESTERN EUROPE
8.3.2.1 THE UK
8.3.2.2 GERMANY
8.3.2.3 FRANCE
8.3.2.4 ITALY
8.3.2.5 SPAIN
8.3.2.6 REST OF WESTERN EUROPE
8.3.3 EASTERN EUROPE
8.3.3. 1 POLAND
8.3.3.2 RUSSIA
8.3.3.3 REST OF EASTERN EUROPE

8.4 ASIA PACIFIC

8.4.1 ASIA PACIFIC MARKET SNAPSHOT
8.4.2 CHINA
8.4.3 JAPAN
8.4.4 INDIA
8.4.5 AUSTRALIA & NEW ZEALAND
8.4.6 ASEAN
8.4.7 REST OF ASIA PACIFIC

8.5 MIDDLE EAST & AFRICA

8.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
8.5.2 UAE
8.5.3 SAUDI ARABIA
8.5.4 SOUTH AFRICA
8.5.5 REST OF MEA

8.6 SOUTH AMERICA

8.6.1 SOUTH AMERICA MARKET SNAPSHOT
8.6.2 BRAZIL
8.6.3 ARGENTINA
8.6.4 REST OF SOUTH AMERICA

9 GLOBAL AUTOMOTIVE KEYLESS ENTRY SYSTEM MARKET COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 COMPANY MARKET RANKING
9.3 KEY DEVELOPMENT STRATEGIES

10 COMPANY PROFILES

10.1 ALPS ELECTRIC CO. LIMITED
10.1.1 OVERVIEW
10.1.2 FINANCIAL PERFORMANCE
10.1.3 PRODUCT OUTLOOK
10.1.4 KEY DEVELOPMENTS

10.2 CONTINENTAL AG
10.2.1 OVERVIEW
10.2.2 FINANCIAL PERFORMANCE
10.2.3 PRODUCT OUTLOOK
10.2.4 KEY DEVELOPMENTS

10.3 DENSO CORPORATION
10.3.1 OVERVIEW
10.3.2 FINANCIAL PERFORMANCE
10.3.3 PRODUCT OUTLOOK
10.3.4 KEY DEVELOPMENTS

10.4 HELLA KGAA HUECK & CO.
10.4.1 OVERVIEW
10.4.2 FINANCIAL PERFORMANCE
10.4.3 PRODUCT OUTLOOK
10.4.4 KEY DEVELOPMENTS

10.5 MICROCHIP TECHNOLOGY INCORPORATED
10.5.1 OVERVIEW
10.5.2 FINANCIAL PERFORMANCE
10.5.3 PRODUCT OUTLOOK
10.5.4 KEY DEVELOPMENTS

10.6 MITSUBISHI ELECTRIC CORPORATION
10.6.1 OVERVIEW
10.6.2 FINANCIAL PERFORMANCE
10.6.3 PRODUCT OUTLOOK
10.6.4 KEY DEVELOPMENTS

10.7 NXP SEMICONDUCTORS
10.7.1 OVERVIEW
10.7.2 FINANCIAL PERFORMANCE
10.7.3 PRODUCT OUTLOOK
10.7.4 KEY DEVELOPMENTS

10.8 ROBERT BOSCH GMBH
10.8.1 OVERVIEW
10.8.2 FINANCIAL PERFORMANCE
10.8.3 PRODUCT OUTLOOK
10.8.4 KEY DEVELOPMENTS

10.9 TOKAI RIKA
10.9.1 OVERVIEW
10.9.2 FINANCIAL PERFORMANCE
10.9.3 PRODUCT OUTLOOK
10.9.4 KEY DEVELOPMENTS

10.10 VALEO
10.10.1 OVERVIEW
10.10.2 FINANCIAL PERFORMANCE
10.10.3 PRODUCT OUTLOOK
10.10.4 KEY DEVELOPMENTS