Two-Wheeler Keyless Entry System Market, Global Outlook and Forecast 2023-2032
The global Two-Wheeler Keyless Entry System market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Keyless entry systems eliminate the use of mechanical keys. Thus, they offer better security and convenience to two-wheeler owners. These systems replace the key with an ignition button and conventional ignition lock with a transponder fob (with a flip-out key for backup). In addition, keyless entry systems allow the locking and unlocking of the steering lock and fuel filler flap. In some models, such as BMW and BMW GT/GTL, the storage compartments locks are controlled by the transponder.
This report aims to provide a comprehensive presentation of the global market for Two-Wheeler Keyless Entry System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Two-Wheeler Keyless Entry System. This report contains market size and forecasts of Two-Wheeler Keyless Entry System in global, including the following market information:
- Global Two-Wheeler Keyless Entry System Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global Two-Wheeler Keyless Entry System Market Sales, 2018-2023, 2024-2032, (K Units)
- Global top five Two-Wheeler Keyless Entry System companies in 2022 (%)
The demand for premium motorcycles is increasing in APAC due to the rising number of HNWIs. This is encouraging the international premium motorcycle OEMs to shift their production facilities in the developing markets in APAC. Vehicles such as KTM is successfully capturing the market. The rising sales volume of luxury motorcycles in APAC is estimated to be one of the major factors that will have a positive impact on the growth of the market. The rising focus on the production of units suitable for export and the improvement of the quality of indigenous motorcycle models are driving motorcycle OEMs to enter into partnerships with international motorcycle OEMs, such as BMW, MV Agusta, and Harley-Davidson. This further boost the demand for premium motorcycles and two-wheeler keyless entry systems.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Two-Wheeler Keyless Entry System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Two-Wheeler Keyless Entry System Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Two-Wheeler Keyless Entry System Market Segment Percentages, by Type, 2022 (%)
- Passive Keyless Entry System (PKES)
- Remote Keyless Entry System (RKES)
Global Two-Wheeler Keyless Entry System Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Two-Wheeler Keyless Entry System Market Segment Percentages, by Application, 2022 (%)
Global Two-Wheeler Keyless Entry System Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Two-Wheeler Keyless Entry System Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Two-Wheeler Keyless Entry System revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Two-Wheeler Keyless Entry System revenues share in global market, 2022 (%)
- Key companies Two-Wheeler Keyless Entry System sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Two-Wheeler Keyless Entry System sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- HELLA
- ZF Friedrichshafen
- Continental
- Valeo
- DENSO
- Alps Electric
- Marquardt
- Lear Corporation
- Mitsubishi Electric
Outline of Major Chapters:
Chapter 1: Introduces the definition of Two-Wheeler Keyless Entry System, market overview.
Chapter 2: Global Two-Wheeler Keyless Entry System market size in revenue and volume.
Chapter 3: Detailed analysis of Two-Wheeler Keyless Entry System manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Two-Wheeler Keyless Entry System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Two-Wheeler Keyless Entry System capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.