Mechanical keys used in vehicles have given way to high-end innovative electronic entry systems using integrated circuits that imply electromagnetic signals to lock or unlock the door. An RKE system allows vehicle entry without the need for a mechanical key, offering security and convenience. RKE systems were introduced in early 1985 in the luxury vehicle segment and gained popularity among mid-segment vehicles by 1990. Although this system took time to be adopted by end consumers, they have gained considerable traction over the years. By the mid-2000s RKE evolved into a technology that allowed drivers to lock and unlock vehicle doors with no effort, using high frequency radio signals emitted from a keyless fob, which communicates with the vehicle without the driver’s intervention. This made it possible for a driver walking toward his parked vehicle to unlock the doors just by moving within a specific range of the vehicle. This was called the passive keyless entry (PKE) system. In terms of volume sales, RKE systems dominate the automotive market as they are cheaper than PKE systems. On average, PKE systems cost $90-$150 in the aftermarket, which is five times the cost of RKE systems, priced an average of $20-$25. Although a small percentage of vehicles continue to use mechanical key systems, this is expected to reduce during the forecast period as keyless entry systems become cheaper and adoption rates increase.

PART 01: Executive summary

PART 02: Scope of the report

Market overview

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

Value chain analysis

Product life cycle

Regulatory framework

PART 05: Market landscape

Market overview

Market size and forecast

Five forces analysis

PART 06: Market segmentation by end user

Global automotive RKE system market segmentation by

end user

Global automotive RKE system market for OEMs

Global automotive RKE system for aftermarket

PART 07: Geographical segmentation

Market segmentation by geography

The Americas

EMEA

APAC

PART 08: Market drivers

Comfort and convenience key drivers for adoption from

demand side

Rise in electronic content makes RKE a better value

proposition

Broadband and connectivity harmonization offering ease

in manufacturing keyless entry system

Increase in sales of automobiles especially in emerging

economies adding to RKE volume

PART 09: Market challenges

Vulnerability of keyless entry systems

Insurance providers denying insurance for vehicles

equipped with keyless entry system

Adoption of biometric to replace keyless entry system 56

PART 10: Market trends

Integration of RKE system with ignition system leading to

add-on functionality

Efforts towards improving safety of RKE system by

means of immobilizer

Introduction of 3D gesture in key fob

PART 11: Vendor landscape

Competitive landscape

Other prominent vendors

PART 12: Key vendor analysis

Continental

Delphi

Hella

Mitsubishi Electric Corporation

ZF TRW

PART 13: Appendix

List of abbreviations

PART 14: Explore Technavio