The North America Automotive Keyless Entry System Market would witness market growth of 11.1% CAGR during the forecast period (2022-2028).
A unique method must be undertaken in order to include a remote control transmitter in the system and the training mode should be activated on the receiver end. The receiver saves the obtained address in a gadget table after getting it from the new device. The receiver comes with a built-in shared code key that works with other gadgets from the same vendor. Such individual can calculate the private encryption code of the remote control device utilizing this key and the transmitter's address, and store it in the new transmitter's entry in the data table. It's important aspect that the private encryption code isn't communicated through the internet.
Regional manufacturers have spent the last few years analyzing and creating alternate or supplementary methods for improving the security of a vehicle. The aim is to provide car owners and drivers with digital keys that allow them to lock/unlock the vehicles and turn on the engine using a smartphone or other mobile device. From there, digital keys offer up a slew of automotive use instances that will greatly simplify vehicle access and sharing. Private automobile owners can electronically exchange car keys with family members or friends for a set period of time without having to meet in person.
Customers can digitally transfer car keys with rental car owners, eliminating the requirement to pick up keys at a rental desk. Digital keys allow car owners to control the usage of automobiles from a smart device in a fairly seamless manner. The digital key aims to provide a standardized environment for smartphone-to-vehicle connectivity solutions around the region. The Digital Key Certification resulted from the collaboration of all of these organizations, giving a standardized method to ensure interoperability and execution security. All mobile device OEMs and car manufacturers should be able to use the Digital Key as a result of this. Therefore, due to extensive research and development are done by the regional manufacturing companies, the regional automotive keyless entry system market is expected to grow in the forecast period.
The US market dominated the North America 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 $634.8 Million by 2028, growing at a CAGR of 10.3 % during the forecast period. The Canada market is expected to witness a CAGR of 13.6% during (2022 - 2028). Additionally, The Mexico market is expected to witness a CAGR of 12.6% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Automotive Keyless Entry System Market is Predict to reach $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
- US
- Canada
- Mexico
- Rest of North America
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 North America Automotive Keyless Entry System Market, by Product Type
1.4.2 North America Automotive Keyless Entry System Market, by Sales Channel
1.4.3 North America Automotive Keyless Entry System Market, by Vehicle Type
1.4.4 North America 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. North America Automotive Keyless Entry System Market by Product Type
3.1 North America Remote Keyless Entry (RKE) System Market by Country
3.2 North America Passive Keyless Entry (PKE) System Market by Country
Chapter 4. North America Automotive Keyless Entry System Market by Sales Channel
4.1 North America OEM Market by Country
4.2 North America Aftermarket Market by Country
Chapter 5. North America Automotive Keyless Entry System Market by Vehicle Type
5.1 North America Passenger Cars Market by Country
5.2 North America LCV Market by Country
5.3 North America HCV Market by Country
Chapter 6. North America Automotive Keyless Entry System Market by Country
6.1 US Automotive Keyless Entry System Market
6.1.1 US Automotive Keyless Entry System Market by Product Type
6.1.2 US Automotive Keyless Entry System Market by Sales Channel
6.1.3 US Automotive Keyless Entry System Market by Vehicle Type
6.2 Canada Automotive Keyless Entry System Market
6.2.1 Canada Automotive Keyless Entry System Market by Product Type
6.2.2 Canada Automotive Keyless Entry System Market by Sales Channel
6.2.3 Canada Automotive Keyless Entry System Market by Vehicle Type
6.3 Mexico Automotive Keyless Entry System Market
6.3.1 Mexico Automotive Keyless Entry System Market by Product Type
6.3.2 Mexico Automotive Keyless Entry System Market by Sales Channel
6.3.3 Mexico Automotive Keyless Entry System Market by Vehicle Type
6.4 Rest of North America Automotive Keyless Entry System Market
6.4.1 Rest of North America Automotive Keyless Entry System Market by Product Type
6.4.2 Rest of North America Automotive Keyless Entry System Market by Sales Channel
6.4.3 Rest of North America 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 North America Automotive Keyless Entry System Market, 2018 - 2021, USD Million
TABLE 2 North America Automotive Keyless Entry System Market, 2022 - 2028, USD Million
TABLE 3 North America Automotive Keyless Entry System Market by Product Type, 2018 - 2021, USD Million
TABLE 4 North America Automotive Keyless Entry System Market by Product Type, 2022 - 2028, USD Million
TABLE 5 North America Remote Keyless Entry (RKE) System Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Remote Keyless Entry (RKE) System Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Passive Keyless Entry (PKE) System Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Passive Keyless Entry (PKE) System Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Automotive Keyless Entry System Market by Sales Channel, 2018 - 2021, USD Million
TABLE 10 North America Automotive Keyless Entry System Market by Sales Channel, 2022 - 2028, USD Million
TABLE 11 North America OEM Market by Country, 2018 - 2021, USD Million
TABLE 12 North America OEM Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Aftermarket Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Aftermarket Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Automotive Keyless Entry System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 16 North America Automotive Keyless Entry System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 17 North America Passenger Cars Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Passenger Cars Market by Country, 2022 - 2028, USD Million
TABLE 19 North America LCV Market by Country, 2018 - 2021, USD Million
TABLE 20 North America LCV Market by Country, 2022 - 2028, USD Million
TABLE 21 North America HCV Market by Country, 2018 - 2021, USD Million
TABLE 22 North America HCV Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Automotive Keyless Entry System Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Automotive Keyless Entry System Market by Country, 2022 - 2028, USD Million
TABLE 25 US Automotive Keyless Entry System Market, 2018 - 2021, USD Million
TABLE 26 US Automotive Keyless Entry System Market, 2022 - 2028, USD Million
TABLE 27 US Automotive Keyless Entry System Market by Product Type, 2018 - 2021, USD Million
TABLE 28 US Automotive Keyless Entry System Market by Product Type, 2022 - 2028, USD Million
TABLE 29 US Automotive Keyless Entry System Market by Sales Channel, 2018 - 2021, USD Million
TABLE 30 US Automotive Keyless Entry System Market by Sales Channel, 2022 - 2028, USD Million
TABLE 31 US Automotive Keyless Entry System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 32 US Automotive Keyless Entry System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 33 Canada Automotive Keyless Entry System Market, 2018 - 2021, USD Million
TABLE 34 Canada Automotive Keyless Entry System Market, 2022 - 2028, USD Million
TABLE 35 Canada Automotive Keyless Entry System Market by Product Type, 2018 - 2021, USD Million
TABLE 36 Canada Automotive Keyless Entry System Market by Product Type, 2022 - 2028, USD Million
TABLE 37 Canada Automotive Keyless Entry System Market by Sales Channel, 2018 - 2021, USD Million
TABLE 38 Canada Automotive Keyless Entry System Market by Sales Channel, 2022 - 2028, USD Million
TABLE 39 Canada Automotive Keyless Entry System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 40 Canada Automotive Keyless Entry System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 41 Mexico Automotive Keyless Entry System Market, 2018 - 2021, USD Million
TABLE 42 Mexico Automotive Keyless Entry System Market, 2022 - 2028, USD Million
TABLE 43 Mexico Automotive Keyless Entry System Market by Product Type, 2018 - 2021, USD Million
TABLE 44 Mexico Automotive Keyless Entry System Market by Product Type, 2022 - 2028, USD Million
TABLE 45 Mexico Automotive Keyless Entry System Market by Sales Channel, 2018 - 2021, USD Million
TABLE 46 Mexico Automotive Keyless Entry System Market by Sales Channel, 2022 - 2028, USD Million
TABLE 47 Mexico Automotive Keyless Entry System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 48 Mexico Automotive Keyless Entry System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 49 Rest of North America Automotive Keyless Entry System Market, 2018 - 2021, USD Million
TABLE 50 Rest of North America Automotive Keyless Entry System Market, 2022 - 2028, USD Million
TABLE 51 Rest of North America Automotive Keyless Entry System Market by Product Type, 2018 - 2021, USD Million
TABLE 52 Rest of North America Automotive Keyless Entry System Market by Product Type, 2022 - 2028, USD Million
TABLE 53 Rest of North America Automotive Keyless Entry System Market by Sales Channel, 2018 - 2021, USD Million
TABLE 54 Rest of North America Automotive Keyless Entry System Market by Sales Channel, 2022 - 2028, USD Million
TABLE 55 Rest of North America Automotive Keyless Entry System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 56 Rest of North America Automotive Keyless Entry System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 57 Key Information – Continental AG
TABLE 58 key information – Denso Corporation
TABLE 59 key information – Valeo SA
TABLE 60 key information – Mitsubishi Electric Corporation
TABLE 61 key information – Robert Bosch GmbH
TABLE 62 Key Information – NXP Semiconductors N.V.
TABLE 63 key information – HELLA GmbH & Co. KGaA
TABLE 64 key information – Alps Alpine Co., Ltd.
TABLE 65 Key Information – Microchip Technology, Inc.
TABLE 66 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.