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(I-AutoNewsWire.com, January 03, 2018 ) 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 penetration of keyless entry systems in the OEM market is low, and only few luxury two-wheelers are equipped with such systems. In addition, keyless entry systems are provided by OEMs in most of the models as an optional feature. However, OEMs will be equipping more models with this system during the forecast period, as the technology matures. Most of the demand for keyless entry systems is arising from the aftermarket segment, as the product is cheaper.
Publisher's analysts forecast the global two-wheeler keyless entry system market to grow at a CAGR of 10.43% during the period 2017-2021. For more information about this report: http://www.reportsweb.com/global-two-wheeler-keyless-entry-system-market-2017-2021 . Covered in this report The report covers the present scenario and the growth prospects of the global two-wheeler keyless entry system market for 2017-2021. To calculate the market size, the report considers the total sales volume of the keyless entry system used in a two-wheeler.
The market is divided into the following segments based on geography: -Americas -APAC -EMEA
Publisher's report, Global Two-wheeler Keyless Entry System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors -ZF Friedrichshafen -Continental -Delphi -Valeo -Hella
Request Sample Copy at http://www.reportsweb.com/inquiry&RW00011334003/sample .
Other prominent vendors -Alps Electric -Atmel -DENSO Corporation -Marquardt -Mitsubishi Electric -Lear Corporation Market driver -Rising sales of luxury motorcycles in APAC -For a full, detailed list, view our report
Market challenge -Risk associated with keyless entry system -For a full, detailed list, view our report
Market trend -Introduction of 3D gesture in key fob -For a full, detailed list, view our report
Inquire for Report at http://www.reportsweb.com/inquiry&RW00011334003/buying .
ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
Source: EmailWire.com
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