The Global Vehicle Access Control Market is projected to grow from USD 10.8 billion in 2020 to 22.6 billion by 2027, at a CAGR of +11.2%.
The increase in the rate of vehicle theft in developing and developed countries is becoming one of the main factors that are expected to boost market growth during the forecast period. Technological innovations that have led to the development of advanced vehicle access control systems to provide an exceptional driving platform are also encouraging consumers to opt for a vehicle with the latest access control system. In addition, aggressive investments made by automotive companies to reduce the cost of implementing vehicle access control systems are expected to increase the penetration of these systems in low and middle-range cars, thus contributing to market growth.
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The need for advanced security features that can control any unauthorized access to a vehicle is growing. At the same time, security requirements at the entrance doors of commercial and residential buildings are also growing. Research and development centers, power plants and nuclear power zones, among other establishments, are vital to the economy of a nation. These establishments usually contain confidential information and, therefore, must be protected against any unauthorized entry of vehicles. These are the main factors that drive the demand for advanced vehicle access control systems.
The global vehicle access control market is dominated by major players such as Denso Corporation (Japan), Valeo (France), Continental AG (Germany), Robert Bosch (Germany), and Nuance Communication (US).
On the basis of by type, the market has been segmented as follows:
On the basis of biometric system, the market has been segmented as follows:
- Biometric System
- Non-Biometric System
On the basis of non-biometric system, the market has been segmented as follows:
- Face Recognition
- Fingerprint Recognition
- Iris Recognition
- Voice Recognition
On the basis of technology, the market has been segmented as follows:
On the basis of vehicle type, the market has been segmented as follows:
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Table of Content
- Keyless entry
- Steering wheel lock
- Stolen Vehicle Assist
Chapter 1 Global Vehicle Access Control
Chapter 2 Global Economic Impact on Vehicle Access Control
Chapter 3 Global Vehicle Access Control
Market Competition by Manufacturers
Chapter 4 Global Vehicle Access Control
Production, Revenue (Value) by Region (2012-2018)
Chapter 5 Global Vehicle Access Control
Supply (Production), Consumption, Export, Import by Regions (2012-2018)
Chapter 6 Global Vehicle Access Control
Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Vehicle Access Control
Market Analysis by Application
Chapter 8 Vehicle Access Control
Manufacturing Cost Analysis
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