Automotive Keyless Entry Access Systems Market Share

Market Share of Automotive Keyless Entry Access Systems Industry

The Automotive Keyless Entry Access System Market is consolidated. Some of the major players are Continental Automotive GmbH, Denso Corporation, Atmel Corporation, HELLA KGAA Hueck & Co., Alps Electric Co. Ltd, and Omron Automotive Electronics Co. Ltd, among others. The key players operating in the market are focused on adopting several growth strategies like expansion, product innovations, etc. For instance,

• In June 2021, HELLA launched a digital car key with ultra-wideband technology. With HELLA Smart Car Access, end users can lock and unlock their cars completely hands-free and can also start the engine without having to pick up a classic remote key or a smartphone. From a distance of 50 meters, the mobile device is automatically detected and recognized by the vehicle.

In addition, partnerships, acquisitions, and collaborations of automakers with digital giants to develop new keyless entry technology to counter future risks anticipated to propel the market growth. For instance,

• In January 2021, Audi, BMW, Ford, and Genesis entered into an agreement with Samsung to offer technology that will let people unlock and start their vehicle without a key instead they will be unlocked using smartphones i.e., through a digital key.

Automotive Keyless Entry Access System Market Leaders

1. Continental Automotive GmbH

2. Denso Corporation

3. Atmel Corporation

4. HELLA KGAA Hueck & Co

5. Alps Electric Co. Ltd

*Disclaimer: Major Players sorted in no particular order