QYR Market Research Global Keyless Vehicle Access Control Systems | Page 3

QYResearch
• A keyless vehicle access control system is a fully automated system
comprising of an electronic locking feature which secures access to
the vehicle electronically and substitutes the conventional mechanical
key. This system works on a number of low frequency transmitting
antennae placed outside as well as inside the vehicle.
• The keyless vehicle access control systems are expected to grow at a
CAGR of 6.06% from 5279.70 million USD in 2016 to reach 7518.76
million USD by 2022 in global market. The keyless vehicle access
control systems market is very concerted market; the revenue of top
eleven manufacturers accounts about 80% of the total revenue in 2016.
The high-end products mainly come from USA and Europe.