Global Two-Wheeler Keyless Entry System Market Professional Survey Report 2019

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.

The global Two-Wheeler Keyless Entry System market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Two-Wheeler Keyless Entry System volume and value at global level, regional level and company level. From a global perspective, this report represents overall Two-Wheeler Keyless Entry System market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Two-Wheeler Keyless Entry System in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Two-Wheeler Keyless Entry System manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.

The following manufacturers are covered:
ZF Friedrichshafen
Alps Electric
Lear Corporation
Mitsubishi Electric

Segment by Regions
North America
Southeast Asia

Segment by Type
Passive Keyless Entry System (PKES)
Remote Keyless Entry System (RKES)

Segment by Application

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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