Global Two-Wheeler Keyless Entry System Market Research Report 2021

Keyless entry systems eliminate the use of mechanical keys. Thus, they offer better security and convenience to two-wheeler owners. These systems replace the key with an ignition button and conventional ignition lock with a transponder fob (with a flip-out key for backup). In addition, keyless entry systems allow the locking and unlocking of the steering lock and fuel filler flap. In some models, such as BMW and BMW GT/GTL, the storage compartments locks are controlled by the transponder.
The demand for premium motorcycles is increasing in APAC due to the rising number of HNWIs. This is encouraging the international premium motorcycle OEMs to shift their production facilities in the developing markets in APAC. Vehicles such as KTM is successfully capturing the market. The rising sales volume of luxury motorcycles in APAC is estimated to be one of the major factors that will have a positive impact on the growth of the market. The rising focus on the production of units suitable for export and the improvement of the quality of indigenous motorcycle models are driving motorcycle OEMs to enter into partnerships with international motorcycle OEMs, such as BMW, MV Agusta, and Harley-Davidson. This further boost the demand for premium motorcycles and two-wheeler keyless entry systems.

Market Analysis and Insights: Global Two-Wheeler Keyless Entry System Market
The global Two-Wheeler Keyless Entry System market was valued at US$ XX million in 2019 and it is expected to reach US$ XX million by the end of 2026, growing at a CAGR of XX% during 2021-2026.

Global Two-Wheeler Keyless Entry System Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Two-Wheeler Keyless Entry System Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Passive Keyless Entry System (PKES)
Remote Keyless Entry System (RKES)

Segment by Application
Aftermarkets
OEMs

By Company
HELLA
ZF Friedrichshafen
Continental
Valeo
DENSO
Alps Electric
Marquardt
Lear Corporation
Mitsubishi Electric

Production by Region
North America
Europe
China
Japan
South Korea
India

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E