The Europe Automotive Keyless Entry System Market would witness market growth of 10.7% CAGR during the forecast period (2022-2028).
The technological improvements in the transportation industry and better communication infrastructure, together with increased awareness of new technologically superior features, will fuel market growth. This technology development prospects are being boosted by the rising popularity of smartphones and other smart devices. Although unlocking a vehicle with a smartphone is becoming more common, most drivers are ready to accept keyless technology due to the gaining of information and, more significant benefits of the automotive keyless entry system. To deploy keyless car access control systems, automotive manufacturers must install various sensors such as sensing devices and a distinct control unit as fixed elements in the vehicles.
The remote control transmitter (encoder) has a counter that is advanced by a push-button on each activation. The manufacturer assigns a unique serial number to each remote control transmitter, which is kept in non-volatile memory in the equipment. This is the device address, which is sent out with each unit activation. The address, as well as control data defined by the pushed button, is sent in transparent text, not encrypted. The counter state, as well as a clone of the location and the data, are encrypted with a device-specific encryption key. The counter is enhanced after transmission. The counter is reset to zero after incrementation further than the highest counter state.
Germany is known around the world for its great automobile sector and engineering competence. Various automobile companies of this region are proactively investing in implementing advancement like automotive keyless entry system. German automobiles represent highly prized traits such as innovation, dependability, safety, and design. This is a prime reason, why manufacturers of this region is ready to bring automotive keyless entry system in each and every automobile.
The country's top-class research and development facilities, extensive industrial value chain connectivity, and highly qualified personnel offer an unrivaled automotive environment. It brought German and foreign automotive suppliers to the region and was the largest foreign direct investment in eastern Germany. For instance, Tesla picked Germany as its new home for a multitude of reasons, including access to Europe's largest economy, a talented labor force, great regional facilities, the legal and economic stability of Germany, and backing from national and regional governments. Therefore, due to increasing number of technologies to support security systems in the automobiles, the regional automotive keyless entry system market is likely to propel in the forecast period.
The Germany market dominated the Europe Automotive Keyless Entry System Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $211.8 Million by 2028. The UK market is poised to grow at a CAGR of 9.8% during (2022 - 2028). Additionally, The France market would display a CAGR of 11.5% during (2022 - 2028).
Based on Product Type, the market is segmented into Remote Keyless Entry (RKE) System and Passive Keyless Entry (PKE) System. Based on Sales Channel, the market is segmented into OEM and Aftermarket. Based on Vehicle Type, the market is segmented into Passenger Cars, LCV, and HCV. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Automotive Keyless Entry System Market Size will Hit $3.1 Billion by 2028, at a CAGR of 11.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Continental AG, Denso Corporation, Valeo SA, Mitsubishi Electric Corporation, Robert Bosch GmbH, NXP Semiconductors N.V., HELLA GmbH & Co. KGaA, Alps Alpine Co., Ltd., Microchip Technology, Inc., and Tokai Rika Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Remote Keyless Entry (RKE) System
- Passive Keyless Entry (PKE) System
By Sales Channel
By Vehicle Type
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Continental AG
- Denso Corporation
- Valeo SA
- Mitsubishi Electric Corporation
- Robert Bosch GmbH
- NXP Semiconductors N.V.
- HELLA GmbH & Co. KGaA
- Alps Alpine Co., Ltd.
- Microchip Technology, Inc.
- Tokai Rika Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Automotive Keyless Entry System Market, by Product Type
1.4.2 Europe Automotive Keyless Entry System Market, by Sales Channel
1.4.3 Europe Automotive Keyless Entry System Market, by Vehicle Type
1.4.4 Europe Automotive Keyless Entry System Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Automotive Keyless Entry System Market by Product Type
3.1 Europe Remote Keyless Entry (RKE) System Market by Country
3.2 Europe Passive Keyless Entry (PKE) System Market by Country
Chapter 4. Europe Automotive Keyless Entry System Market by Sales Channel
4.1 Europe OEM Market by Country
4.2 Europe Aftermarket Market by Country
Chapter 5. Europe Automotive Keyless Entry System Market by Vehicle Type
5.1 Europe Passenger Cars Market by Country
5.2 Europe LCV Market by Country
5.3 Europe HCV Market by Country
Chapter 6. Europe Automotive Keyless Entry System Market by Country
6.1 Germany Automotive Keyless Entry System Market
6.1.1 Germany Automotive Keyless Entry System Market by Product Type
6.1.2 Germany Automotive Keyless Entry System Market by Sales Channel
6.1.3 Germany Automotive Keyless Entry System Market by Vehicle Type
6.2 UK Automotive Keyless Entry System Market
6.2.1 UK Automotive Keyless Entry System Market by Product Type
6.2.2 UK Automotive Keyless Entry System Market by Sales Channel
6.2.3 UK Automotive Keyless Entry System Market by Vehicle Type
6.3 France Automotive Keyless Entry System Market
6.3.1 France Automotive Keyless Entry System Market by Product Type
6.3.2 France Automotive Keyless Entry System Market by Sales Channel
6.3.3 France Automotive Keyless Entry System Market by Vehicle Type
6.4 Russia Automotive Keyless Entry System Market
6.4.1 Russia Automotive Keyless Entry System Market by Product Type
6.4.2 Russia Automotive Keyless Entry System Market by Sales Channel
6.4.3 Russia Automotive Keyless Entry System Market by Vehicle Type
6.5 Spain Automotive Keyless Entry System Market
6.5.1 Spain Automotive Keyless Entry System Market by Product Type
6.5.2 Spain Automotive Keyless Entry System Market by Sales Channel
6.5.3 Spain Automotive Keyless Entry System Market by Vehicle Type
6.6 Italy Automotive Keyless Entry System Market
6.6.1 Italy Automotive Keyless Entry System Market by Product Type
6.6.2 Italy Automotive Keyless Entry System Market by Sales Channel
6.6.3 Italy Automotive Keyless Entry System Market by Vehicle Type
6.7 Rest of Europe Automotive Keyless Entry System Market
6.7.1 Rest of Europe Automotive Keyless Entry System Market by Product Type
6.7.2 Rest of Europe Automotive Keyless Entry System Market by Sales Channel
6.7.3 Rest of Europe Automotive Keyless Entry System Market by Vehicle Type
Chapter 7. Company Profiles
7.1 Continental AG
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 SWOT Analysis
7.2 Denso Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.1 Research & Development Expense
7.3 Valeo SA
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.4 Mitsubishi Electric Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Acquisition and Mergers:
7.5 Robert Bosch GmbH
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 SWOT Analysis
7.6 NXP Semiconductors N.V.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Product Launches and Product Expansions:
7.6.6 SWOT Analysis
7.7 HELLA GmbH & Co. KGaA
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Product Launches and Product Expansions:
7.8 Alps Alpine Co., Ltd.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Recent strategies and developments:
7.8.4.1 Product Launches and Product Expansions:
7.9 Microchip Technology, Inc.
7.9.1 Company overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.10. Tokai Rika Co., Ltd.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Research & Development Expenses
TABLE 1 Europe Automotive Keyless Entry System Market, 2018 - 2021, USD Million
TABLE 2 Europe Automotive Keyless Entry System Market, 2022 - 2028, USD Million
TABLE 3 Europe Automotive Keyless Entry System Market by Product Type, 2018 - 2021, USD Million
TABLE 4 Europe Automotive Keyless Entry System Market by Product Type, 2022 - 2028, USD Million
TABLE 5 Europe Remote Keyless Entry (RKE) System Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Remote Keyless Entry (RKE) System Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Passive Keyless Entry (PKE) System Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Passive Keyless Entry (PKE) System Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Automotive Keyless Entry System Market by Sales Channel, 2018 - 2021, USD Million
TABLE 10 Europe Automotive Keyless Entry System Market by Sales Channel, 2022 - 2028, USD Million
TABLE 11 Europe OEM Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe OEM Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Aftermarket Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Aftermarket Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Automotive Keyless Entry System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 16 Europe Automotive Keyless Entry System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 17 Europe Passenger Cars Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Passenger Cars Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe LCV Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe LCV Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe HCV Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe HCV Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Automotive Keyless Entry System Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Automotive Keyless Entry System Market by Country, 2022 - 2028, USD Million
TABLE 25 Germany Automotive Keyless Entry System Market, 2018 - 2021, USD Million
TABLE 26 Germany Automotive Keyless Entry System Market, 2022 - 2028, USD Million
TABLE 27 Germany Automotive Keyless Entry System Market by Product Type, 2018 - 2021, USD Million
TABLE 28 Germany Automotive Keyless Entry System Market by Product Type, 2022 - 2028, USD Million
TABLE 29 Germany Automotive Keyless Entry System Market by Sales Channel, 2018 - 2021, USD Million
TABLE 30 Germany Automotive Keyless Entry System Market by Sales Channel, 2022 - 2028, USD Million
TABLE 31 Germany Automotive Keyless Entry System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 32 Germany Automotive Keyless Entry System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 33 UK Automotive Keyless Entry System Market, 2018 - 2021, USD Million
TABLE 34 UK Automotive Keyless Entry System Market, 2022 - 2028, USD Million
TABLE 35 UK Automotive Keyless Entry System Market by Product Type, 2018 - 2021, USD Million
TABLE 36 UK Automotive Keyless Entry System Market by Product Type, 2022 - 2028, USD Million
TABLE 37 UK Automotive Keyless Entry System Market by Sales Channel, 2018 - 2021, USD Million
TABLE 38 UK Automotive Keyless Entry System Market by Sales Channel, 2022 - 2028, USD Million
TABLE 39 UK Automotive Keyless Entry System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 40 UK Automotive Keyless Entry System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 41 France Automotive Keyless Entry System Market, 2018 - 2021, USD Million
TABLE 42 France Automotive Keyless Entry System Market, 2022 - 2028, USD Million
TABLE 43 France Automotive Keyless Entry System Market by Product Type, 2018 - 2021, USD Million
TABLE 44 France Automotive Keyless Entry System Market by Product Type, 2022 - 2028, USD Million
TABLE 45 France Automotive Keyless Entry System Market by Sales Channel, 2018 - 2021, USD Million
TABLE 46 France Automotive Keyless Entry System Market by Sales Channel, 2022 - 2028, USD Million
TABLE 47 France Automotive Keyless Entry System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 48 France Automotive Keyless Entry System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 49 Russia Automotive Keyless Entry System Market, 2018 - 2021, USD Million
TABLE 50 Russia Automotive Keyless Entry System Market, 2022 - 2028, USD Million
TABLE 51 Russia Automotive Keyless Entry System Market by Product Type, 2018 - 2021, USD Million
TABLE 52 Russia Automotive Keyless Entry System Market by Product Type, 2022 - 2028, USD Million
TABLE 53 Russia Automotive Keyless Entry System Market by Sales Channel, 2018 - 2021, USD Million
TABLE 54 Russia Automotive Keyless Entry System Market by Sales Channel, 2022 - 2028, USD Million
TABLE 55 Russia Automotive Keyless Entry System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 56 Russia Automotive Keyless Entry System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 57 Spain Automotive Keyless Entry System Market, 2018 - 2021, USD Million
TABLE 58 Spain Automotive Keyless Entry System Market, 2022 - 2028, USD Million
TABLE 59 Spain Automotive Keyless Entry System Market by Product Type, 2018 - 2021, USD Million
TABLE 60 Spain Automotive Keyless Entry System Market by Product Type, 2022 - 2028, USD Million
TABLE 61 Spain Automotive Keyless Entry System Market by Sales Channel, 2018 - 2021, USD Million
TABLE 62 Spain Automotive Keyless Entry System Market by Sales Channel, 2022 - 2028, USD Million
TABLE 63 Spain Automotive Keyless Entry System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 64 Spain Automotive Keyless Entry System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 65 Italy Automotive Keyless Entry System Market, 2018 - 2021, USD Million
TABLE 66 Italy Automotive Keyless Entry System Market, 2022 - 2028, USD Million
TABLE 67 Italy Automotive Keyless Entry System Market by Product Type, 2018 - 2021, USD Million
TABLE 68 Italy Automotive Keyless Entry System Market by Product Type, 2022 - 2028, USD Million
TABLE 69 Italy Automotive Keyless Entry System Market by Sales Channel, 2018 - 2021, USD Million
TABLE 70 Italy Automotive Keyless Entry System Market by Sales Channel, 2022 - 2028, USD Million
TABLE 71 Italy Automotive Keyless Entry System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 72 Italy Automotive Keyless Entry System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 73 Rest of Europe Automotive Keyless Entry System Market, 2018 - 2021, USD Million
TABLE 74 Rest of Europe Automotive Keyless Entry System Market, 2022 - 2028, USD Million
TABLE 75 Rest of Europe Automotive Keyless Entry System Market by Product Type, 2018 - 2021, USD Million
TABLE 76 Rest of Europe Automotive Keyless Entry System Market by Product Type, 2022 - 2028, USD Million
TABLE 77 Rest of Europe Automotive Keyless Entry System Market by Sales Channel, 2018 - 2021, USD Million
TABLE 78 Rest of Europe Automotive Keyless Entry System Market by Sales Channel, 2022 - 2028, USD Million
TABLE 79 Rest of Europe Automotive Keyless Entry System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 80 Rest of Europe Automotive Keyless Entry System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 81 Key Information – Continental AG
TABLE 82 key information – Denso Corporation
TABLE 83 key information – Valeo SA
TABLE 84 key information – Mitsubishi Electric Corporation
TABLE 85 key information – Robert Bosch GmbH
TABLE 86 Key Information – NXP Semiconductors N.V.
TABLE 87 key information – HELLA GmbH & Co. KGaA
TABLE 88 key information – Alps Alpine Co., Ltd.
TABLE 89 Key Information – Microchip Technology, Inc.
TABLE 90 Key Information – Tokai Rika Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Continental AG
FIG 3 Swot analysis: Robert Bosch GmbH
FIG 4 Swot analysis: NXP semiconductors N.V.