Global Commercial Vehicle Keyless Entry Systems Market to Grow at a CAGR of 5.40% to 2021

MarketResearchNest.com adds “Global Commercial Vehicle Keyless Entry Systems Market 2017-2021” new report to its research database. The report spread across 78 pages with table and figures in it.
Research analysts forecast the global commercial vehicle keyless entry systems market to grow at a CAGR of 5.40% during the period 2017-2021.

About Commercial Vehicle Keyless Entry Systems
A commercial vehicle keyless entry system (CVKES) provides vehicle access without the use of the traditional mechanical key. It allows higher security and convenience by allowing the driver to unlock the vehicle while standing at a distance from it. There are two technologies involved in the system: remote keyless entry systems (RKES) and passive keyless entry systems (PKES). RKES allows the driver to lock and unlock vehicle doors by remote control. PKES is a security system that operates automatically when the user is in proximity of the vehicle.

Covered in this report
The report covers the present scenario and the growth prospects of the global commercial vehicle keyless entry systems market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Browse full table of contents and data tables at https://www.marketresearchnest.com/global-commercial-vehicle-keyless-entry-systems-market-2017-2021.html

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Commercial Vehicle Keyless Entry Systems 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.

Technavio recognizes the following companies as the key players in the global commercial vehicle keyless entry systems market: Continental, Delphi Automotive, DENSO, HELLA, and Lear.

Other Prominent Vendors in the market are: Advanced Keys, ALPS ELECTRIC, Atmel (MICROCHIP TECHNOLOGY), HYUNDAI MOBIS, Marquardt, Mitsubishi Electric, OMRON, Valeo, and ZF Friedrichshafen.

Commenting on the report, an analyst from Research team said: “One trend in the market is vehicle access systems with innovative Bluetooth technology. The prime priorities of KES manufacturers are security and reliability offered by the system. On that front, Continental has been a pioneer in offering many of the secure and reliable solutions, including electronic immobilizer and PKES.

Order a Purchase Report Copy at https://www.marketresearchnest.com/purchase.php?reportid=285092

According to the report, one driver in the market is KES provides added protection and convenience to vehicles. In recent times, KES has become a standard feature in all vehicles, including commercial vehicles. The safety system is equipping all passenger cars. One of its major advantages is providing security. It offers an added protection, unlike mechanical keys. Users can secure their vehicles, and sometimes engine, with just a push of a button. In addition, mechanical keys can be easily copied. However, in case of KES, key fobs and vehicles use electromagnetic signals to transmit messages, which offers greater security.

Further, the report states that one challenge in the market is insurance providers denying insurance for vehicles equipped with KES. The number of vehicle thefts have increased owing to the presence of high-tech decoders in the black market. This has prompted automakers to upgrade KES system and enhance its security. Additionally, the past incidents of security breach in KES have raised doubts not only among consumers but also among insurance providers. The US National Insurance Crime Bureau (NICB) states that incidents of vehicle theft by hacking KES has drastically increased during 2013-2014 owing to the easy availability of tools and devices that can break into this system.

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 in addition to a SWOT analysis of the key vendors.

Enquiry before Buying at https://www.marketresearchnest.com/enquirybuy.php?reportid=285092

About:
MarketResearchNest.com is the most comprehensive collection of market research products and services on the Web. We offer reports from almost all top publishers and update our collection on daily basis to provide you with instant online access to the world’s most complete and recent database of expert insights on industries, organizations, products, and trends.

Contact
Mr. Jeet Jain
Sales Manager
sales@marketresearchnest.com
+1-240-284-8070(U.S)
+44-20-3290-4151(U.K)
Connect with us: Google+ | LinkedIn | Twitter | Facebook

This release was published on openPR.