Global Automotive Passive Keyless Entry System Market 2016-2020 report is the latest addition to Sandlerresearch.org industry research reports collection, a growing trend influencing technological innovation and introduction of new features is the increased demand for entry and go systems in vehicles. The traditional ignition system requires a mechanical key to connect two electric circuits that initiate the spark in the engine block, which serves the purpose of security and engine ignition. However, with the evolution of electronics, modern ignition system has transformed into a push button, which drastically enhances the convenience factor. This system was largely used in high-end and luxury vehicles due to its high price and convenience, the adoption rate of PKE with go system in luxury cars reached 88% in 2014. However, post 2008, OEMs have been adopting push button ignition in their mid-segment vehicles.
The analysts forecast global automotive passive keyless entry system market to grow at a CAGR of 10.6% during the period 2016-2020.
The report, Global Automotive Passive Keyless Entry System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key players in the global automotive passive keyless entry system market: Continental, Hella, Valeo, and ZF TRW. Other Prominent Vendors in the market are: Alps Electric, Atmel, Denso, Hyundai MOBIS, Marquardt, and Mitsubishi Electric.
Further, the report states that one challenge that could restrict market growth is the vulnerability in keyless entry systems.
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List of Exhibits
01: Product offerings
Exhibit 02: Product lifecycle of vehicle entry system
Exhibit 03: Automotive PKE system value chain
Exhibit 04: Automotive PKE system market segmentation
Exhibit 05: Global automotive PKE system market 2015-2020 (millions of units)
Exhibit 06: Five forces analysis
Exhibit 07: Global automotive PKE system market segmentation by end-market
Exhibit 08: Global automotive PKE system segmentation by end-market 2015-2020
Exhibit 09: Global automotive PKE system market for OEMs 2015-2020 (millions of units)
Exhibit 10: Global automotive PKE system market for aftermarket 2015-2020 (millions of units)
Exhibit 11: Global automotive PKE system market by geography 2015 and more..
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