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Global Two-wheeler Keyless Entry System Market 2017-2021

Two-wheeler Keyless Entry System Sector: Worldwide Forecast until 2021

  • December 2017
  • 76 pages
  • ID: 5256443
In this report:
The Zongshen group, a Chinese motorcycle manufacturer, has a strategic partnership with Piaggio in 2004 for the production and distribution of Piaggio products at its facilities.
In 2016, Europe witnessed a growth of ##.##% in terms of sales of new two-wheeler compared with 2015.
Lifan, a Chinese motorcycle manufacturer, has entered into a strategic partnership with MV Agusta in 2014 to develop high-displacement motorcycles.

Summary

Table of Contents

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About Two-wheeler Keyless Entry System

Keyless entry systems eliminate the use of mechanical keys. Therefore, they offer superior security and convenience to two-wheeler owners. These systems replace the key with an ignition button and conventional ignition lock with a transponder fob. Additionally, keyless entry systems allow the locking and unlocking of the steering lock and fuel filler flap. In some models, including BMW and BMW GT/GTL, the storage compartments locks are controlled by the transponder. The penetration of keyless entry systems in the OEM sector is low, and only few luxury two-wheelers are equipped with such systems. Moreover, keyless entry systems are provided by OEMs in most of the models as an optional feature. Nevertheless, OEMs will be equipping more models with this system during the outlook period, as the technology matures. Most of the demand for keyless entry systems is arising from the aftermarket segment, as the product is cheaper.

The experts estimate the worldwide two-wheeler keyless entry system market to increase at a compound annual Growth rate of ~10.4 percent between 2017 and 2021.

What is the scope of this report?

The study describes the ongoing situation and its growth expectations of the global two-wheeler keyless entry system sector for 2017-2021. To calculate the market value, the industry report considers the global sales volume of the keyless entry system used in a two-wheeler.

The sector is segmented into the specified segments established on area:

• Americas

• Asia-Pac

• Europe, Middle East and Africa (EMEA)

The market study, World-wide Two-wheeler Keyless Entry System Sector 2017-2021, has been produced established on a comprehensive and detailed market studies with data coming from specialists of the sector. The study describes the market outlook and its growth expectations over the next years. This study also comprises conversations with top vendors operating in this segment.

Who are the market dominants?

• Rising sales of luxury motorcycles in Asia-Pac

• For a full, in-depth list, view our market report

What are the ongoing market challenges?

• Risk combined with keyless entry system

• For a full, exhaustive list, view our market report

How is the market going?

• Introduction of 3D gesture in main fob

• For a full, in-depth list, view our market report

What are the main questions answered in this report?

• What will both market value and growth rate be in 2021?

• What are the key market forecasts?

• What is driving this sector?

• What are the conditions to market growth?

• Who are the main vendors in this market environment?

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