Global Automotive Keyless Entry System Market Outlook 2025-2034: Trends, Innovations, And Future Outlook

The Automotive Keyless Entry System Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Automotive Keyless Entry System Market Size and Projected Growth Rate?
There's been a speedy expansion in the market size of the automotive keyless entry system in the past few years. The market, which was worth $1.66 billion in 2024, is projected to rise to $1.83 billion in 2025, marking a compound annual growth rate (CAGR) of 10.3%. This growth during the historical period has been driven by factors such as consumer demand, expansion in the automotive industry, regulatory norms, a rise in vehicle manufacturing, and an increasing consciousness about vehicle security.

In the coming years, the market size of the automotive keyless entry system is set to experience swift expansion. The anticipated surge will take the market value to $3.02 billion in 2029, maintaining a compound annual growth rate (CAGR) of 13.3%. The predicted growth during this period is owed to the rise of smart connectivity, emerging markets, electric and autonomous vehicles, escalating consumer expectations, and a global rise in vehicle ownership. Major market trends during the forecast period are set to include integration with connected car technologies, technological advancements, ongoing technical innovations, biometric integration, and advanced encryption methods.

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What Are the Major Segments in the Automotive Keyless Entry System Market?
The automotive keyless entry system market covered in this report is segmented -

1) By Product: Passive Keyless Entry Systems, Remote Keyless Entry Systems
2) By Vehicle Type: Passenger Cars, LCV, HCV
3) By End-Users: After market, Original Equipment Manufacturer (OEMs)

Subsegments:
1) By Passive Keyless Entry Systems: Smart Key Systems, Proximity Sensors, Key Fob Systems With Automatic Unlocking, Touch-Sensitive Door Handles
2) By Remote Keyless Entry Systems: Traditional Key Fobs, Smartphone-Based Entry Systems, Keyless Entry With Alarm Integration, Remote Start Features

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What Are The Driving Automotive Keyless Entry System Market Evolution?
The escalating trend towards vehicle safety and protection is propelling the expansion of the automotive keyless entry system market. There is heightened interest in vehicle safety and security to prevent theft of the vehicle's systems or the vehicle itself. Regardless of cost, safety features are built into all categories of vehicles, including the most affordable ones, trucks, and crossovers, to ensure safety and security. The heightened focus on vehicle safety and security fuels further demand for keyless entry systems. These systems utilise radio frequency signals to remotely lock, unlock, and start the vehicle's engine, providing safety and convenience. The Insurance Information Institute reported that in 2022, there was a 7% increase in vehicle thefts in the US, with a total of 1,001,967 vehicles stolen. Furthermore, according to a report by the National Insurance Crime Bureau, a US-based organization, the number of vehicle thefts rose slightly above 1 million in 2023, marking around a 1% increase from the previous year (1,020,729 in 2023 vs. 1,008,756 in 2022). Hence, the increasing trend towards vehicle safety and security will fuel the growth of the automotive keyless entry system market.

Which Firms Dominate The Automotive Keyless Entry System Market Segments?
Major companies operating in the automotive keyless entry system market include Robert Bosch GmbH, Panasonic Corporation, Denso Corporation, ZF Friedrichshafen AG, Continental AG, Hyundai Mobis Co. Ltd., Mitsubishi Electric Corporation, Valeo SA, Lear Corporation, STMicroelectronics N.V., Infineon Technologies AG, NXP Semiconductors N.V., Brose Fahrzeugteile GmbH & Co. KG, Alps Electric Co. Ltd., Omron Automotive Electronics Co. Ltd., Alps Alpine Co. Ltd., HELLA GmbH & Co. KGaA, Johnson Electric Holdings Limited, Marquardt GmbH, U-Shin Ltd., Kiekert AG, Alpha Corporation, Huf Hülsbeck & Fürst GmbH & Co. KG, Tokai Rika Co. Ltd., Minda Corporation Limited, Valeo Siemens eAutomotive Germany GmbH, Silca S.p.A.

What Trends Are Expected to Dominate the Automotive Keyless Entry System Market in the Next 5 Years?
The emergence of advanced in-vehicle security technology is shaping trends in the automotive keyless entry system market. Vendors in this market are shifting focus towards providing innovative in-vehicle security systems, such as keyless entry equipped with engine start/stop, AC control, and other features. Car manufacturers are significantly investing in releasing new models, or updated versions of older models, that come with built-in keyless entry system. This integration eliminates the need for customers to separately purchase these systems. For example, in June 2023, Genesis Motor, LLC, a South Korea-based automotive firm, introduced its new Genesis GV60 model, embedded with a biometric, face recognition-based keyless entry system. This innovation, placed inside the door pillar to identify and authorize the driver's entry, marked it as the world's first car to integrate biometric facial recognition into vehicle entry.

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Which Is The Largest Region In The Automotive Keyless Entry System Market?
North America was the largest region in the automotive keyless entry system market in 2024. The regions covered in the automotive keyless entry system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Automotive Keyless Entry System Market?
2. What is the CAGR expected in the Automotive Keyless Entry System Market?
3. What Are the Key Innovations Transforming the Automotive Keyless Entry System Industry?
4. Which Region Is Leading the Automotive Keyless Entry System Market?

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