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Global Vehicle Access Control Market: By System Type: Biometric System, Non-Biometric System; By Technology: NFC, Bluetooth, RFID, Wi-Fi; By Vehicle Type: Passenger Car, Others; By Electric Vehicle; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Vehicle Access Control Market Outlook

The global vehicle access control market was valued at nearly USD 10.5 billion in 2020 and is further expected to grow at a CAGR of 11% during the forecasted period of 2021-2026 to reach USD 19.6 billion by 2026.

 

Global Vehicle Access Control Market

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The vehicle access control industry is being driven by the increasing incidence of vehicle theft, the growing awareness regarding vehicle security, the increase in the production of passenger cars and light commercial vehicles, and the growing preference for electric vehicles globally.

 

Properties and Applications

The global vehicle access control industry can be broadly categorised based on segments like system types, technology, vehicle types, electric vehicles, and regions.

 

Global Vehicle Access Control Market By Technology

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  • System Type:
    • Biometric System
      • Face Recognition System 
      • Fingerprint Recognition System 
      • Iris Recognition System 
      • Voice Recognition System
    • Non-Biometric System
      • Face Recognition System 
      • Fingerprint Recognition System 
      • Iris Recognition System 
      • Voice Recognition System
  • Technology:
    • NFC
    • Bluetooth
    • RFID
    • Wi-Fi
  • Vehicle Type:
    • Passenger car 
    • Light Commercial Vehicle
    • Heavy Commercial Vehicle
  • Electric Vehicle:
    • Hybrid Electric Vehicle 
    • Plug-In Hybrid Electric Vehicle 
    • Fuel Cell Electric Vehicle

The EMR report looks into the regional vehicle access control markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Vehicle Access Control Market By Region

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Market Analysis

The adoption of advanced vehicle access control systems to ensure vehicle security and prevent vehicle theft incidences is propelling the growth of the global vehicle access control industry. With the advancing technology, the development of the biometric system, including fingerprint and voice recognition, is expected to aid the industry in the future. Further, factors like the increased investment by major automotive companies to reduce the installation cost of such systems, the growing demand for enhanced security and safety features, and the rising preference for premium car models are expected to contribute significantly to the industry growth.

The light commercial vehicle segment, among other vehicle types, is anticipated to witness the highest growth rate between 2021 and 2026. Region-wise, North America is expected to lead the global vehicle access control industry over the forecast period.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global vehicle access control market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Denso Corporation 
  • Valeo 
  • Continental AG 
  • Robert Bosch GmbH
  • Mitsubishi Electric Corporation 
  • Johnson Electric Holdings Ltd. 
  • Lear Corporation (NYSE: LEA)
  • Naunce Communication 
  • Others

The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- System Type, Technology, Vehicle Type, Electric Vehicle, Region
Breakup by System Type Biometric System, Non-Biometric System
Breakup by Technology NFC, Bluetooth, RFID, Wi-Fi
Breakup by Vehicle Type Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle
Breakup by Electric Vehicle Hybrid Electric Vehicle, Plug-In Hybrid Electric Vehicle, Fuel Cell Electric Vehicle
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Denso Corporation (TYO: 6902), Valeo (EPA: FR), Continental AG (ETR: CON), Robert Bosch GmbH, Mitsubishi Electric Corporation (TYO: 6503), Johnson Electric Holdings Ltd. (HKG: 0179), Lear Corporation (NYSE: LEA), Naunce Communication (NASDAQ; NUAN), Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

Key Questions Answered in the Market Report

  • How has the global vehicle access control market performed in the previous years (2016-2020)?
  • What is the forecast assessment of the market for 2021-2026?
  • What are the major drivers for historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major constraints for historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major price indicators of the global market?
  • What are the major demand indicators of the global market?
  • What is the degree of competition in the global market?
  • What are the major events and developments taking place within the industry globally?

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraints
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global Vehicle Access Control Market Analysis
    6.1    Figure: Global Vehicle Access Control Historical Market (2016-2020) & Forecast (2021-2026)
    6.2    Chart: Global Vehicle Access Control Market Breakup by System Type
        6.2.1    Biometric System 
            6.2.1.1    Face Recognition System 
            6.2.1.2    Fingerprint Recognition System 
            6.2.1.3    Iris Recognition System 
            6.2.1.4    Voice Recognition System
        6.2.2    Non-Biometric System
            6.2.2.1    Face Recognition System 
            6.2.2.2    Fingerprint Recognition System 
            6.2.2.3    Iris Recognition System 
            6.2.2.4    Voice Recognition System
    6.3    Figure: Global Vehicle Access Control Market Breakup by System Type: Historical Market (2016-2020) & Forecast (2021-2026)
        6.3.1    Biometric System 
            6.3.1.1    Face Recognition System 
            6.3.1.2    Fingerprint Recognition System 
            6.3.1.3    Iris Recognition System 
            6.3.1.4    Voice Recognition System
        6.3.2    Non-Biometric System
            6.3.2.1    Face Recognition System 
            6.3.2.2    Fingerprint Recognition System 
            6.3.2.3    Iris Recognition System 
            6.3.2.4    Voice Recognition System
    6.4    Chart: Global Vehicle Access Control Market Breakup by Technology
        6.4.1    NFC 
        6.4.2    Bluetooth 
        6.4.3    RFID
        6.4.4    Wi-Fi 
    6.5    Figure: Global Vehicle Access Control Market Breakup by Technology: Historical Market (2016-2020) & Forecast (2021-2026)
        6.5.1    NFC 
        6.5.2    Bluetooth 
        6.5.3    RFID
        6.5.4    Wi-Fi 
    6.6    Chart: Global Vehicle Access Control Market Breakup by Vehicle Type
        6.6.1    Passenger Car 
        6.6.2    Light Commercial Vehicle 
        6.6.3    Heavy Commercial Vehicle
    6.7    Figure: Global Vehicle Access Control Market Breakup by Vehicle Type: Historical Market (2016-2020) & Forecast (2021-2026)
        6.7.1    Passenger Car 
        6.7.2    Light Commercial Vehicle 
        6.7.3    Heavy Commercial Vehicle
    6.8    Chart: Global Vehicle Access Control Market Breakup by Electric Vehicle
        6.8.1    Hybrid Electric Vehicle 
        6.8.2    Plug-In Hybrid Electric Vehicle 
        6.8.3    Fuel Cell Electric Vehicle
    6.9    Figure: Global Vehicle Access Control Market Breakup by Electric Vehicle: Historical Market (2016-2020) & Forecast (2021-2026)
        6.9.1    Hybrid Electric Vehicle 
        6.9.2    Plug-In Hybrid Electric Vehicle 
        6.9.3    Fuel Cell Electric Vehicle
    6.10    Chart: Global Vehicle Access Control Market by Region
        6.10.1    North America
            6.10.1.1    United States of America
            6.10.1.2    Canada
        6.10.2    Europe
            6.10.2.1    Germany
            6.10.2.2    United Kingdom
            6.10.2.3    France
            6.10.2.4    Italy
            6.10.2.5    Others
        6.10.3    Asia Pacific
            6.10.3.1    China
            6.10.3.2    Japan
            6.10.3.3    India
            6.10.3.4    ASEAN
            6.10.3.5    Others
        6.10.4    Latin America
            6.10.4.1    Brazil
            6.10.4.2    Mexico
            6.10.4.3    Argentina
            6.10.4.4    Others
        6.10.5    Middle East & Africa
            6.10.5.1    Saudi Arabia
            6.10.5.2    United Arab Emirates
            6.10.5.3    Nigeria
            6.10.5.4    South Africa
            6.10.5.5    Others
    6.11    Figure: Global Vehicle Access Control Market by Region: Historical Market (2016-2020) & Forecast (2021-2026)
        6.11.1    North America
            6.11.1.1    United States of America
            6.11.1.2    Canada
        6.11.2    Europe
            6.11.2.1    Germany
            6.11.2.2    United Kingdom
            6.11.2.3    France
            6.11.2.4    Italy
            6.11.2.5    Others
        6.11.3    Asia Pacific
            6.11.3.1    China
            6.11.3.2    Japan
            6.11.3.3    India
            6.11.3.4    ASEAN
            6.11.3.5    Others
        6.11.4    Latin America
            6.11.4.1    Brazil
            6.11.4.2    Mexico
            6.11.4.3    Argentina
            6.11.4.4    Others
        6.11.5    Middle East & Africa
            6.11.5.1    Saudi Arabia
            6.11.5.2    United Arab Emirates
            6.11.5.3    Nigeria
            6.11.5.4    South Africa
            6.11.5.5    Others
7    SWOT Analysis
    7.1    Overview
    7.2    Strengths
    7.3    Weaknesses
    7.4    Opportunities
    7.5    Threats
8    Porter’s Five Forces Analysis
    8.1    Overview
    8.2    Buyer’s Power
    8.3    Supplier’s Power
    8.4    New Entrants
    8.5    Degree of Rivalry
    8.6    Substitutes
9    EMR’s Key Indicators for Demand
10    EMR’s Key Indicators for Price
11    Competitive Landscape & Supplier Analysis

    11.1    Denso Corporation (TYO: 6902)
        11.1.1    Company Overview
        11.1.2    Financial Analysis 
    11.2    Valeo (EPA: FR)
        11.2.1    Company Overview
        11.2.2    Financial Analysis 
    11.3    Continental AG (ETR: CON)
        11.3.1    Company Overview
        11.3.2    Financial Analysis 
    11.4    Robert Bosch GmbH
        11.4.1    Company Overview
        11.4.2    Financial Analysis 
    11.5    Mitsubishi Electric Corporation (TYO: 6503)
        11.5.1    Company Overview
        11.5.2    Financial Analysis 
    11.6    Johnson Electric Holdings Ltd. (HKG: 0179)
        11.6.1    Company Overview
        11.6.2    Financial Analysis 
    11.7    Lear Corporation (NYSE: LEA)
        11.7.1    Company Overview
        11.7.2    Financial Analysis 
    11.8    Naunce Communication (NASDAQ; NUAN)
        11.8.1    Company Overview
        11.8.2    Financial Analysis 
    11.9    Others
12    Industry Events and Developments

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