Two wheeler Keyless Entry System Market
Two wheeler Keyless Entry System Market Scope:
Industry Analysis, Market Size, Growth, Trends Till
2031
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Two wheeler Keyless Entry System Market Size and Growth
The Two Wheeler Keyless Entry System market is witnessing significant growth due to increased demand for advanced security features and convenience.
Estimated at USD 2.5 billion in 2023, the market is projected to expand at a CAGR of 10% through 2028, driven by technological advancements and rising motorcycle sales worldwide.
Companies Covered
(Covid 19 Impact Covered)
◍ HELLA
◍ ZF Friedrichshafen
◍ Delphi
◍ Continental
◍ Valeo
◍ DENSO
◍ Alps Electric
◍ Marquardt
◍ Atmel
◍ Lear Corporation
◍ Mitsubishi Electric
The two-wheeler keyless entry system market features companies like HELLA, ZF Friedrichshafen, Delphi, and Valeo, focusing on enhancing vehicle security and convenience. These firms innovate technologies and collaborate with OEMs, driving growth through advanced features. Actual sales revenue figures for select companies include:
- HELLA: €7 billion
- Valeo: €20 billion
- DENSO: ¥5.4 trillion
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Market Segmentation
By Application
Aftermarkets
OEMs
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By Product
Passive Keyless Entry System (PKES)
Remote Keyless Entry System (RKES)
Market Growth
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$ 4.60 Billion
