Reports
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 (2018-2028); 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 2023-2028 to reach USD 19.6 billion by 2026.
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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.
Market Segmentation
The global vehicle access control industry can be broadly categorised based on segments like system types, technology, vehicle types, electric vehicles, and regions.
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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
- Biometric 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.
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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 | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| 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, 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Electric Vehicles
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Vehicle Access Control Market Analysis
8.1 Key Industry Highlights
8.2 Global Vehicle Access Control Historical Market (2018-2022)
8.3 Global Vehicle Access Control Market Forecast (2023-2028)
8.4 Global Vehicle Access Control Market by System Type
8.4.1 Biometric System
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.1.4 Breakup by Type
8.4.1.4.1 Face Recognition System
8.4.1.4.2 Fingerprint Recognition System
8.4.1.4.3 Iris Recognition System
8.4.1.4.4 Voice Recognition System
8.4.2 Non-Biometric System
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.2.4 Breakup by Type
8.4.2.4.1 Immobilizer
8.4.2.4.2 Steering Wheel Lock
8.4.2.4.3 Stolen Vehicle Assist
8.4.2.4.4 Others
8.5 Global Vehicle Access Control Market by Technology
8.5.1 NFC
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Bluetooth
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 RFID
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Wi-Fi
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.6 Global Vehicle Access Control Market by Vehicle Type
8.6.1 Passenger Car
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Light Commercial Vehicle
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Heavy Commercial Vehicle
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.7 Global Vehicle Access Control Market by Electric Vehicle
8.7.1 Hybrid Electric Vehicle
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Plug-In Hybrid Electric Vehicle
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Fuel Cell Electric Vehicle
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.8 Global Vehicle Access Control Market by Region
8.8.1 Market Share
8.8.1.1 North America
8.8.1.2 Europe
8.8.1.3 Asia Pacific
8.8.1.4 Latin America
8.8.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 DENSO Corporation
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Valeo
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Continental AG
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Robert Bosch GmbH
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Mitsubishi Electric Corporation
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 HELLA GmbH & Co. KGaA
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Intellicar Telematics
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Vehicle Access Control Market: Key Industry Highlights, 2017 and 2021
2. Global Vehicle Access Control Historical Market: Breakup by System Type (USD Million), 2018-2022
3. Global Vehicle Access Control Market Forecast: Breakup by System Type (USD Million), 2023-2028
4. Global Vehicle Access Control Historical Market: Breakup by Technology (USD Million), 2018-2022
5. Global Vehicle Access Control Market Forecast: Breakup by Technology (USD Million), 2023-2028
6. Global Vehicle Access Control Historical Market: Breakup by Vehicle Type (USD Million), 2018-2022
7. Global Vehicle Access Control Market Forecast: Breakup by Vehicle Type (USD Million), 2023-2028
8. Global Vehicle Access Control Historical Market: Breakup by Electric Vehicle (USD Million), 2018-2022
9. Global Vehicle Access Control Market Forecast: Breakup by Electric Vehicle (USD Million), 2023-2028
10. Global Vehicle Access Control Historical Market: Breakup by Region (USD Million), 2018-2022
11. Global Vehicle Access Control Market Forecast: Breakup by Region (USD Million), 2023-2028
12. North America Vehicle Access Control Historical Market: Breakup by Country (USD Million), 2018-2022
13. North America Vehicle Access Control Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Europe Vehicle Access Control Historical Market: Breakup by Country (USD Million), 2018-2022
15. Europe Vehicle Access Control Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Asia Pacific Vehicle Access Control Historical Market: Breakup by Country (USD Million), 2018-2022
17. Asia Pacific Vehicle Access Control Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Latin America Vehicle Access Control Historical Market: Breakup by Country (USD Million), 2018-2022
19. Latin America Vehicle Access Control Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Middle East and Africa Vehicle Access Control Historical Market: Breakup by Country (USD Million), 2018-2022
21. Middle East and Africa Vehicle Access Control Market Forecast: Breakup by Country (USD Million), 2023-2028
22. Global Vehicle Access Control Market Structure
Key Questions Answered in the Report
The global vehicle access control market reached a value of USD 10.5 billion in 2020.
The market is projected to grow at a CAGR of nearly 11% in the forecast period of 2023-2028.
The market is estimated to reach a value of about USD 19.6 billion by 2026.
The major drivers of the industry include the rising disposable incomes, increasing population, rising adoption of advanced vehicle, rapidly advancing technology, rapid advancement of biometric systems, like fingerprint and voice recognition, and the increasing preference for premium car models.
The rising investment by major automotive companies to reduce the installation cost of vehicle access control systems is expected to be a key trend guiding the growth of the industry.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market, with North America accounting for the largest market share.
The leading system types of vehicle access control in the industry are biometric system and non-biometric system.
The major technologies of the product in the market are NFC, Bluetooth, RFID, and Wi-Fi.
The leading vehicle types in the industry are passenger car, light commercial vehicle, and heavy commercial vehicle.
The significant electric vehicle segments available in the market are hybrid electric vehicle, plug-in hybrid electric vehicle, and fuel cell electric vehicle.
The leading players in the market are Denso Corporation, Valeo, Continental AG, Robert Bosch GmbH, Mitsubishi Electric Corporation, Johnson Electric Holdings Ltd., Lear Corporation, and Naunce Communication, among others.
Analyst Review
The global vehicle access control market attained a value of USD 10.5 billion in 2020, driven by the rapid technology advancements. Aided by the rising investments by the key players, the industry is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 11%. The industry is projected to reach USD 19.6 billion by 2026.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on types, the market can be segmented into biometric system and non-biometric system. By technology, the industry can be divided into NFC, Bluetooth, RFID, and Wi-Fi. On the basis of vehicle type, the industry can be divided into passenger car, light commercial vehicle, and heavy commercial vehicle. Based on electric vehicle, the industry can be divided into hybrid, plug-in hybrid, and fuel cell electric vehicle. The major regional markets for vehicle access control are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above industry include Denso Corporation, Valeo, Continental AG, Robert Bosch GmbH, Mitsubishi Electric Corporation, Johnson Electric Holdings Ltd., Lear Corporation, and Naunce Communication, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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