New Report Available: Global Automotive Remote Keyless Entry System Market 2017-2021

Fast Market Research announces the availability of the new TechNavio report, "Global Automotive Remote Keyless Entry System Market 2017-2021", on their comprehensive research portal

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Boston, MA -- (SBWire) -- 02/23/2017 --RKE systems were the first form of keyless entry technology introduced in automobiles. An RKE system consists of a key fob that is equipped with a transmitter, which communicates with the vehicle through radio frequency. The receiver installed in the vehicle captures the signal, decodes it, and then instructs the vehicle door to lock or unlock. The key fobs of RKE systems are equipped with buttons that act as switches that initiate the locking or unlocking of the vehicle door when the driver pushes the button on the key fob. This was the first innovation in vehicle security systems and transformed how consumers entered or exited their vehicles. It was initially introduced in luxury vehicles but gradually entered mid-segment vehicles because of their popularity and convenience.

Get More Details on this Report and a Full Table of Contents at Global Automotive Remote Keyless Entry System Market 2017-2021

Technavio's analysts forecast the global automotive remote keyless entry system market to grow at a CAGR of 5.92% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive remote keyless entry system market for 2017-2021. To calculate the market size, the report present the vendor landscape and a detailed analysis of the top vendors in the market.

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Automotive Remote 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

-Continental
-Delphi
-Hella
-Mitsubishi Electric
-ZF TRW

Other prominent vendors

-Alps Electric
-Atmel
-Denso
-Hyundai MOBIS
-Marquardt

Market driver

-Increase in sales of automobiles especially in emerging economies adding to RKE volume.
-For a full, detailed list, view our report

Market challenge

-Adoption of biometric to replace keyless entry system.
-For a full, detailed list, view our report

Market trend

-Integration of RKE system with ignition system leading to add-on functionality.
-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?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

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

Companies Mentioned in this Report: Continental, Delphi, Hella, Mitsubishi Electric, ZF TRW, Alps Electric, Atmel, Denso, Hyundai MOBIS, Marquardt

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View this press release online at: http://rwire.com/772946