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Automotive Keyless Entry Systems Market .pdf

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Automotive Keyless Entry Systems Market – Global
Industry Analysis Report, Share, Growth, Price
Trends and Forecast, 2024: Global Market Insights
The global Automotive Keyless Entry Systems Market share report provides
numbers for applications and regional segments of the industry covering historical as
well as forecast data for decision makers. The product is an electric lock that controls
access to vehicle without using traditional mechanical keys. It performs function of a
standard car key without physical contact, within the diameter of few miles. It is
commonly used in all the automobiles for high security and convenience to driver.
Fiscal backdrop around the world and positive sales position raised demand of the
component. 2016 was record breaking year for global car sales and it further
expecting growth in near future. It registered over 4% hike in sales of vehicles
worldwide. Growing investment on luxury cars has positively impacted demand of
the product.

Convenience and technologies are providing foundation for rise in desire for the
product. Consumers are demanding advanced features that makes the car easier to
operate and pleasurable to own. The product is one of the most required innovation
in automotive keyless entry systems market. Increasing features, fear of theft drives
demand for the feature and boosts the market.
Automotive keyless entry systems market is segmented by its product type into
alarm, immobilizer, remote entry, passive entry and central locking. It is further
divided based on technology such as global positioning system, global mobile
communication, face detection, and real-time location. Its areas of application
include automobiles specifically cars.
Growth in the automobile industry is accelerating automotive keyless entry systems
market. Luxury car sector is anticipating high growth in forecast time, due to rise in
disposable income, growing population are major factors boosting growth.
Technological innovation, advanced features, status and prestige highly influences
demand for luxury vehicles. With enlarging desire for luxury cars, product demand is
rising parallel.
Europe automotive keyless entry systems market will witness robust growth owing to
rising cases of car theft in the region. Switzerland accounts for highest cases of car
theft in the world. People in the country incurs huge loss in terms of car theft,

technological advancement, easy hacking are factors that ease the cases of theft in
the country.
North America automotive keyless entry systems market dominated by the U.S. is
the largest manufacturer of luxury cars. The product is optional in the low budget
cars but is mandatory in all the luxury cars. This system provides ease in
accessibility, handling and adds value and prestige in vehicle. With rising
technological advancement, low employment rate and high demand for luxury cars
drives automotive keyless entry systems market in the region.
About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market
research and consulting service provider; offering syndicated and custom research
reports along with growth consulting services. Our business intelligence and industry
research reports offer clients with penetrative insights and actionable market data
specially designed and presented to aid strategic decision making. These exhaustive
reports are designed via a proprietary research methodology and are available for
key industries such as chemicals, advanced materials, technology, renewable
energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
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