Global Two-wheeler Keyless Entry System Market 2017-2021

Global Two-wheeler Keyless Entry System Market 2017-2021

  • December 2017 •
  • 76 pages •
  • Report ID: 5256443 •
  • Format: PDF
About Two-wheeler Keyless Entry System

Keyless entry systems eliminate the use of mechanical keys. Thus, they offer better security and convenience to two-wheeler owners. These systems replace the key with an ignition button and conventional ignition lock with a transponder fob (with a flip-out key for backup). In addition, keyless entry systems allow the locking and unlocking of the steering lock and fuel filler flap. In some models, such as BMW and BMW GT/GTL, the storage compartments locks are controlled by the transponder. The penetration of keyless entry systems in the OEM market is low, and only few luxury two-wheelers are equipped with such systems. In addition, keyless entry systems are provided by OEMs in most of the models as an optional feature. However, OEMs will be equipping more models with this system during the forecast period, as the technology matures. Most of the demand for keyless entry systems is arising from the aftermarket segment, as the product is cheaper.

Technavio’s analysts forecast the global two-wheeler keyless entry system market to grow at a CAGR of 10.43% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global two-wheeler keyless entry system market for 2017-2021. To calculate the market size, the report considers the total sales volume of the keyless entry system used in a two-wheeler.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio’s report, Global Two-wheeler Keyless Entry System Market 2017-2021, 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.

Key vendors
• ZF Friedrichshafen
• Continental
• Delphi
• Valeo
• Hella

Other prominent vendors
• Alps Electric
• Atmel
• DENSO Corporation
• Marquardt
• Mitsubishi Electric
• Lear Corporation

Market driver
• Rising sales of luxury motorcycles in APAC
• For a full, detailed list, view our report

Market challenge
• Risk associated with keyless entry system
• For a full, detailed list, view our report

Market trend
• Introduction of 3D gesture in key fob

• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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