Keyless Entry System Market

Keyless Entry System Market Trends Forecast By
2025
Keyless Entry System Market is technology that provides physical access to an individual inside
any premises or automotive without the use of a mechanical key for performing the locking and
unlocking operation. Keyless entry system provides an enhanced convenience and security to the
users. In case of a keyless entry system, the users get secure and authorized access to an
automotive or premise with the use of various external devices or gesture such as a keyless fob
or a smart card, or by the use of their own voice, fingerprints or facial recognition among others.
Owing to rapidly increasing adoption of smart technologies across various application sectors,
keyless entry systems is increasingly installed among users especially in the transportation
sector, government sector, banking financial services and insurance (BFSI) sectors and
hospitality industry among others. The global Keyless Entry System market is anticipated to
experience a robust growth during the forecast period from 2017 to 2025, due to rising demand
for hassle free access across the world.
For the purpose of providing an extensive and in-depth analysis of the market, the global Keyless
entry System Market has been segmented on the basis of product type and end user. Depending
on the technology in which a keyless entry system majorly operates, the market has been
categorized into RFID (Radio Frequency Identification) based keyless entry system and BLE
(Bluetooth Low Energy) based keyless entry system among others. In addition, information
related to application of keyless entry system across various end user segments including
automotive industry, government sector, BFSI sector, healthcare industry, transportation sector
and hospitality industry among others is also highlighted in this report. Moreover, cross sectional
analysis of various product type and application segment of keyless entry system across various
regions such as Europe, North America, Asia Pacific, Middle-East and Africa (MEA) and Latin
America is also provided in this report.
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Increasing adoption of keyless entry system in the automotive sector is one of the key factor
anticipated to boost the market growth of keyless entry system during the forecast period from
2017 to 2025. Global demand of passenger car is largely influenced by the ease of operation of
the vehicle. With the rising growth of the global economy coupled with increasing standard of
living especially for the middle-class population, the demand for value added features in the
passenger car segment is anticipated to increase at an exponential rate. Keyless entry system is
one of such value added feature in the passenger car segment that provides enhanced safety and
ease of operation. This is turn, is expected to drive the market growth of keyless entry system in
the coming years. Moreover, introduction of keyless entry system in the hospitality industry for
providing a user friendly experience to various guests, is also predicted to create a better

opportunity for various keyless entry system manufacturers in the coming years.
Among the different types of keyless entry system available in the market, Bluetooth passive
Keyless Entry System Market system held the largest market share in 2016 owing to its extensive
utilization in the automotive sector.
On the other hand, based on the demand of keyless entry system across various end user
segments, the healthcare sector is anticipated to pose the most promising demand in the coming
years. Implementation of stringent regulation by the government for maintaining patience
privacy is of the most important factor expected to trigger the demand of keyless entry system
form the healthcare sector. Healthcare fraud, inaccurate patient identification and medical
identity theft have witnessed a rapid decline since the adoption of keyless entry system systems
in the healthcare sector.
Some of the major players operating the global Keyless Entry System Market includes Atmel
(The U.S), Mitsubishi Electric (Japan), 3M Cogent (The U.S) and Delphi Automotive (The U.K)
among others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative
insights, historical data, and verifiable projections about market size. The projections featured in
the report have been derived using proven research methodologies and assumptions.
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