The two-wheeler keyless entry system market is forecasted to grow by USD 173.53 bn during 2023-2028, accelerating at a CAGR of 8.41% during the forecast period. The report on the two-wheeler keyless entry system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by safety and convenience associated with advanced vehicle access solutions, growing penetration of automotive electronics, and growing market share in emerging economies.
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
8.21%
CAGR
8.41%
Incremental Value
$173.53bn
Technavio's two-wheeler keyless entry system market is segmented as below:
By Type
Remote keyless entry system
Passive keyless entry system
By Application
Aftermarkets
OEMs
By Geographical Landscape
APAC
North America
Europe
South America
Middle East and Africa
This study identifies the development of biometric-based ignition systems as one of the prime reasons driving the two-wheeler keyless entry system market growth during the next few years. Also, new product launches by market vendors and shifting to Asian manufacturing bases by premium motorcycle makers will lead to sizable demand in the market.
The report on the two-wheeler keyless entry system market covers the following areas:
Two-wheeler keyless entry system market sizing
Two-wheeler keyless entry system market forecast
Two-wheeler keyless entry system market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading two-wheeler keyless entry system market vendors that include Asahi Denso Co., Ltd., Changzhou Wujin Blector Electronic Co.Ltd., Continental AG, Coocase, Digital Guard Dawg Inc., Fuzhou PEPE Electronics Technology Co., Ltd, Guangdong Jianya Motorcycle Technology Co., Ltd., Honda Motor Co. Ltd., LINKA Smart Locks, Steelmate Co Ltd., TSS Group, and Kawasaki Heavy Industries Ltd. Also, the two-wheeler keyless entry system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global two-wheeler keyless entry system market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global two-wheeler keyless entry system market 2018 - 2022 ($ billion)