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.
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.
The increasing purchase volume of Harley-Davidson, DUCATI, BMW Motorrad, and Triumph by a large number of consumers is driving the growth prospects for the two-wheeler security system market in the US. The inclusion of keyless security options and anti-lock braking systems (ABS) in two-wheelers in the scooter segment will boost the sales volume of these scooters in countries such as Brazil, Mexico, Argentina, Colombia, and the US in the Americas.
Global Two-Wheeler Keyless Entry System market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Two-Wheeler Keyless Entry System.
This industry study presents the global Two-Wheeler Keyless Entry System market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Two-Wheeler Keyless Entry System production, revenue and market share by manufacturers, key regions and type;
The consumption of Two-Wheeler Keyless Entry System in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders HELLA, ZF Friedrichshafen, etc.
The following manufacturers are covered in this report:
Two-Wheeler Keyless Entry System Breakdown Data by Type
Passive Keyless Entry System (PKES)
Remote Keyless Entry System (RKES)
Two-Wheeler Keyless Entry System Breakdown Data by Application
Two-Wheeler Keyless Entry System Production by Region
Two-Wheeler Keyless Entry System Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Two-Wheeler Keyless Entry System status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Two-Wheeler Keyless Entry System manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Two-Wheeler Keyless Entry System :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Two-Wheeler Keyless Entry System market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.