The rising demand for safety & security features and technological advancements in the automotive industry are significant factors for growth the of vehicle access control market globally
The vehicle access control market is projected to grow from USD 10.8 billion in 2020 to reach USD 22.6 billion by 2027, at a CAGR of 11.2%. Increasing demand for connected vehicles, need for a multi-factor authentication system, rising demand for mid-sized cars, and convenience are factors expected to boost the market. However, changes in technology require high innovation cost, and the threat of cybersecurity for the biometric system will be a challenge for the growth of the market.
Increasing emphasis on safety and security features are likely to propel the growth of the market during the forecast period
There has been a rapid increase in technological advancements in the automotive industry related to vehicle theft systems. The growing demand for advanced safety and security features that increase the convenience and safety of passengers is now an attractive opportunity for suppliers as consumer preferences are shifting. Several companies have developed application-based features that enable smartphone integration in the vehicle, eliminating the need for multiple devices, keys, and systems installations. OEMs are focusing on features such as enhanced biometric systems to improve the appearance of interiors and personalization. Fingerprint and face recognition are the major upcoming biometric vehicle access controls that will significantly drive the market.
Asia Pacific is expected to register the fastest growth during the forecast period
Majority of OEMs are planning to launch cars that have biometric feature pre-installed, over the next few years. With rapid urbanization, increased disposable income, and endeavor to implement advanced technology, OEMs are investing heavily to develop vehicle access control with better and reliable authentication. The stolen vehicle assist has been the primary focus of premium cars to reduce the theft and insurance in automotive. Moreover, China, Japan, and South Korea in the region are highly focusing on the development, testing, and deployment of biometric system authentication. China is all set to deploy fingerprint recognition by 2020 in the Hyundai Sante Fe model.
Europe is expected to have the second-largest market during the forecast period
Europe accounted for the second-largest market in 2020. It is a major hub for several renowned OEMs including Volkswagen, Daimler, Renault, Volvo, and others. Germany is the largest market in the region. The country is most likely holding the largest share of in the global market by 2027. The country has sufficient investment in technology and production of premium car segments for the testing of vehicle access control. As per industry experts, Germany OEMs would soon deploy vehicle access control systems, especially biometric authentications for PCs and LCVs, on a large scale.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in the vehicle access control market.
- By Company Type: Tier I - 49%, Tier II - 41%, and Tier III - 10%,
- By Designation: C Level - 47%, D Level - 39%, and Others - 14%
- By Region: North America - 33%, Europe - 42%, Asia Pacific - 21%, and Rest of the World- 4%
The vehicle access control market comprises major manufacturers like Continental AG (Germany), Robert Bosch (Germany), Voxx International (US), Lear Corporation (US), Fingerprint AB (Sweden), Nuance Communication (US), Synaptics (US), and others.
Research Coverage:
The study covers the vehicle access control market across various segments. It aims at estimating the market size and future growth potential of this market across different segments such as type, biometric, non-biometric, technology, vehicle type, electric vehicle, and region. The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and acquisitions.
Key Benefits of Buying the Report:
The report will help leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall vehicle access control market. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Secondary Data
2.2.1 Key Secondary Sources
2.2.2 Key Data From Secondary Sources
2.3 Primary Data
2.3.1 Key Data From Primary Sources
2.4 Market Size Estimation
2.4.1 Bottom-Up Approach
2.5 Market Breakdown and Data Triangulation
2.6 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Vehicle Access Control Market to Grow at A Significant Rate During the Forecast Period (2020–2027)
4.2 Asia Pacific to Lead the Global Market
4.3 Market, By System Type
4.4 Market, By Vehicle Type
4.5 Market, By Non-Biometric System
4.6 Market, By Biometric System
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.2 Restraints
5.2.3 Opportunities
5.2.4 Challenges
5.3 Impact Analysis
6 Industry Trend
6.1 Technology Overview
6.1.1 Application-Based Vehicle Access Control System
6.1.2 Face Recognition in Vehicle Access
6.2 Value Chain Analysis
6.3 Macroindicator Analysis
6.3.1 Germany
6.3.2 US
6.3.3 China
7 Market, By System Type
7.1 Introduction
7.2 Market Share Analysis, By System Type
7.3 Biometric System
7.4 Non-Biometric System
8 Market, By Biometric System
8.1 Introduction
8.2 Market Share Analysis, By Biometric System
8.3 Face Recognition System
8.4 Fingerprint Recognition System
8.5 Iris Recognition System
8.6 Voice Recognition System
8.7 Market Size Forecast , By Biometric System
9 Market, By Non-Biometric System
9.1 Introduction
9.2 Market Share Analysis, By Non-Biometric System
9.3 Keyless Entry
9.4 Stolen Vehicle Assist
9.5 Alarm
9.6 Electronic Immobilizer
9.7 Steering Wheel Lock
9.8 Others
10 Market, By Technology
10.1 Introduction
10.2 Market Share Analysis, By Technology
10.3 NFC
10.4 Bluetooth
10.5 RFID
10.6 Wi-Fi
11 Market, By Vehicle Type
11.1 Introduction
11.2 Market Share Analysis, By Vehicle Type
11.3 Passenger Car
11.4 Light Commercial Vehicle
11.5 Heavy Commercial Vehicle
12 Market, By Electric Vehicle
12.1 Introduction
12.2 Market Share Analysis, By Electric Vehicle
12.3 Battery Electric Vehicle
12.4 Hybrid Electric Vehicle
12.5 Plug-In Hybrid Electric Vehicle
12.6 Fuel Cell Electric Vehicle
13 Market, By Region
13.1 Introduction
13.2 Asia Pacific
13.2.1 China
13.2.2 India
13.2.3 Japan
13.2.4 South Korea
13.2.5 Others
13.3 Europe
13.3.1 France
13.3.2 Germany
13.3.3 Italy
13.3.4 Russia
13.3.5 Spain
13.3.6 UK
13.3.7 Others
13.4 North America
13.4.1 US
13.4.2 Canada
13.4.3 Mexico
13.5 Rest of the World
13.5.1 Brazil
13.5.2 Iran
13.5.3 Others
14 Competitive Landscape
14.1 Introduction
14.1.1 Vanguards
14.1.2 Innovators
14.1.3 Dynamic
14.1.4 Emerging
14.2 Vehicle Access Control Market: Vendor Dive Matrix
14.2.1 Vehicle Access Control Market (Global): Competitive Leadership Mapping For Non-Biometric, 2019
14.2.2 Vehicle Access Control Market (Global): Competitive Leadership Mapping For Biometric, 2019
14.3 Competitive Leadership Mapping
14.4 Market Ranking
14.5 Competitive Scenario
14.5.1 Expansion
14.5.2 New Product Launches/Developments
14.5.3 Collaborations/Joint Ventures/Supply Contracts/Partnerships/Agreements/ Mergers/Acquisition
15 Company Profiles
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
15.1 Denso Corporation
15.2 Valeo
15.3 Continental AG
15.4 Robert Bosch
15.5 Mitsubishi Electric
15.6 Johnson Electric
15.7 Lear Corporation
15.8 Naunce Communication
15.9 Synaptics Incorporated
15.10 Fingerprint Cards AB
15.11 Voxx International
15.12 Methode Electronics
15.13 Tokai Rika
15.14 U-Shin Ltd
15.15 Deepglint
15.16 Omron Corporation
15.17 Delphi Automotive
15.18 HUF Hülsbeck
15.19 Biodit
15.20 Precise Biometrics
15.21 Calamp
15.22 Onstar
15.23 Hypr
15.24 The Club
15.25 Sanji Security Systems
15.26 Intellicar
*Details On Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured In Case Of Unlisted Companies.
16 Appendix
16.1 Discussion Guide
16.2 Knowledge Store: Publisher's Subscription Portal
16.3 Available Customizations
16.4 Related Reports
16.5 Authors Details
List of Tables
Table 1 Currency Exchange Rates (Per 1 USD)
Table 2 Motor Vehicle Theft in the US, 2008-2017
Table 3 Impact of Market Dynamics
Table 4 Macroindicators Analysis: Germany
Table 5 Macroindicators Analysis: US
Table 6 Macroindicators Analysis: China
Table 7 Biometric: Market, By Region, 2017−2027 (USD Million)
Table 8 Non-Biometric: Market, By Region, 2017−2027 (USD Million)
Table 9 Market Forecast, By Biometric System, 2017 – 2027 (USD Million)
Table 10 Stolen Vehicle Assist System: Market, By Region, 2017 − 2027 (USD Million)
Table 11 Keyless Entry: Market, By Region, 2017−2027 (USD Million)
Table 12 Market Forecast, By Technology, 2017−2027 (000’ Units)
Table 13 Market Forecast, By Vehicle Type, 2017–2027 (USD Million)
Table 14 Market Forecast, By Electric Vehicle, 2017–2027 (USD Million)
Table 15 Market Forecast, By Region, 2017–2027 (USD Million)
Table 16 China: Market Forecast, (USD Million), 2017–2027
Table 17 India: Market Forecast, (USD Million), 2017–2027
Table 18 Japan Market Forecast, (USD Million), 2017–2027
Table 19 South Korea: Market Forecast, (USD Million), 2017–2027
Table 20 Others*: Market Forecast, (USD Million), 2017–2027
Table 21 France: Market Forecast, (USD Million), 2017–2027
Table 22 Germany: Market Forecast, (USD Million), 2017–2027
Table 23 Italy: Market Forecast, (USD Million), 2017–2027
Table 24 Russia: Market Forecast, (USD Million), 2017–2027
Table 25 Spain: Market Forecast, (USD Million), 2017–2027
Table 26 UK: Market Forecast, (USD Million), 2017–2027
Table 27 Others*: Market Forecast, (USD Million), 2017–2027
Table 28 US: Market Forecast, (USD Million), 2017–2027
Table 29 Canada: Market Forecast, (USD Million), 2017–2027
Table 30 Mexico: Market Forecast, (USD Million), 2017–2027
Table 31 Brazil: Market Forecast, (USD Million), 2017–2027
Table 32 Iran : Market Forecast, (USD Million), 2017–2027
Table 33 Others*: Vehicle Access Control Market Forecast, (USD Million), 2017–2027
Table 34 New Product Developments, 2016–2019
Table 35 Expansions, 2017–2019
Table 36 Collaborations/Joint Ventures/Supply Contracts/Partnerships/Agreements, 2016–2019
Table 37 Denso Corporation:New Product Developments/Expansions
Table 38 Denso Corporation:Partnerships/Collaborations/Joint Ventures/Supply Contracts/Agreements/Mergers & Acquisitions
Table 39 Valeo:Partnerships/Collaborations/Joint Ventures/Supply Contracts/Agreements/Mergers & Acquisitions
Table 40 Continental AG:New Product Developments/Expansions
Table 41 Continental AG:Partnerships/Collaborations/Joint Ventures/Supply Contracts/Agreements/Mergers & Acquisitions
Table 42 Robert Bosch:New Product Developments/Expansions
Table 43 Robert Bosch:Partnerships/Collaborations/Joint Ventures/Supply Contracts/Agreements/Mergers & Acquisitions
Table 44 Mitsubishi Electric:New Product Developments/Expansions
Table 45 Johnson Electric:Partnerships/Collaborations/Joint Ventures/Supply Contracts/Agreements/Mergers & Acquisitions
Table 46 Lear Corporation:Partnerships/Collaborations/Joint Ventures/Supply Contracts/Agreements/Mergers & Acquisitions
Table 47 Naunce Communication:New Product Developments/Expansions
Table 48 Naunce Communication:Partnerships/Collaborations/Joint Ventures/Supply Contracts/Agreements/Mergers & Acquisitions
Table 49 Naunce Communication:Partnerships/Collaborations/Joint Ventures/Supply Contracts/Agreements/Mergers & Acquisitions
Table 50 Synaptics Incorporated:New Product Developments/Expansions
Table 51 Synaptics Incorporated:Partnerships/Collaborations/Joint Ventures/Supply Contracts/Agreements/Mergers & Acquisitions
Table 52 Fingerprint Cards Ab:New Product Developments/Expansions
Table 53 Fingerprint Cards Ab:Partnerships/Collaborations/Joint Ventures/Supply Contracts/Agreements/Mergers & Acquisitions
Table 54 Voxx International:New Product Developments/Expansions
Table 55 Voxx International :Partnerships/Collaborations/Joint Ventures/Supply Contracts/Agreements/Mergers & Acquisitions
Table 56 Methode Electronics:Partnerships/Collaborations/Joint Ventures/Supply Contracts/Agreements/Mergers & Acquisitions
Table 57 Tokai Rika:New Product Developments/Expansions
Table 58 Tokai Rika:Partnerships/Collaborations/Joint Ventures/Supply Contracts/Agreements/Mergers & Acquisitions
List of Figures
Figure 1 Years Considered for the Study
Figure 2 Market: Research Design
Figure 3 Market: Research Methodology Model
Figure 4 Key Data From Secondary Sources
Figure 5 Key Data From Primary Sources
Figure 6 Research Methodology
Figure 7 Data Triangulation
Figure 8 Assumptions
Figure 9 Market: By Region, 2020–2027 (Market Share)
Figure 10 Market: By Vehicle Type, 2020–2027 (USD Million)
Figure 11 VAC Market to Grow at A Significant Rate During the Forecast Period (2020–2027)
Figure 12 Biometric Segment to Witness the Highest Growth in this Market (USD Million)
Figure 13 Light Commercial Vehicle Segment to Witness the Highest Growth in this Market (USD Million)
Figure 14 Stolen Vehicle Assist Segment to Witness the Highest Growth in the VAC Market (USD Million)
Figure 15 Fingerprint Recognition Segment to Witness the Highest Growth in the VAC Market (USD Million)
Figure 16 Market Dynamics
Figure 17 Value Chain Analysis
Figure 18 Vehicle Access Control Market Share By Type, 2020−2027
Figure 19 Market: Biometric System, 2017−2027
Figure 20 Market: Non-Biometric System, 2017− 2027
Figure 21 Market Share By Biometric System, 2020−2027
Figure 22 Market: Face Recognition, 2020−2027
Figure 23 Market: Fingerprint Recognition, 2020−2027
Figure 24 Market: Stolen Vehicle Assist System, 2017−2027
Figure 25 Market: Keyless Entry, 2017−2027
Figure 26 Market Share By Technology, 2020−2027
Figure 27 Market: Bluetooth, 2017 − 2027
Figure 28 Market: RFID, 2017 − 2027
Figure 29 Market Share By Vehicle Type, 2020−2027
Figure 30 Market: Lcv, 2017−2027
Figure 31 Market: Pc, 2017 − 2027
Figure 32 Market Share By Electric Vehicle, 2020−2027
Figure 33 Market: Bev, 2017−2027
Figure 34 Market: Hev, 2017 − 2027
Figure 35 Regional Landscape: 2020–2027
Figure 36 Global Market Value (USD Billion), 2017–2027
Figure 37 Global Market Share, By Region, 2020 –2027
Figure 38 Asia Pacific: Market Snapshot
Figure 39 Asia Pacific Market Share, By Country, 2020–2027
Figure 40 China: Market Forecast, (USD Billion), 2017–2027
Figure 41 India: Market Forecast, (USD Million), 2017–2027
Figure 42 Japan: VAC Market Forecast, (USD Billion), 2017–2027
Figure 43 South Korea: VAC Market Forecast, (USD Million), 2017–2027
Figure 44 Others*: Market Forecast, (USD Million), 2017–2027
Figure 45 Europe: Market Snapshot
Figure 46 Europe: Market Share, By Country, 2020–2027
Figure 47 France: Market Forecast, (USD Million), 2017–2027
Figure 48 Germany: Market Forecast, (USD Million), 2017–2027
Figure 49 Italy: Market Forecast, (USD Million), 2017–2027
Figure 50 Russia: Market Forecast, (USD Million), 2017–2027
Figure 51 Spain: Market Forecast, (USD Million), 2017–2027
Figure 52 UK: Market Forecast, (USD Million), 2017–2027
Figure 53 Others*: Market Forecast, (USD Million), 2017–2027
Figure 54 North America: Market Snapshot
Figure 55 North America Market Share, By Country, 2020–2027
Figure 56 US: Market Forecast, (USD Million), 2017–2027
Figure 57 Canada: Market Forecast, (USD Million), 2017–2027
Figure 58 Mexico: Market Forecast, (USD Million), 2017–2027
Figure 59 Rest of the World: Market Snapshot
Figure 60 Rest of the World Market Share, By Country, 2020–2027
Figure 61 Brazil: Market Forecast, (USD Million), 2017–2027
Figure 62 Iran: Market Forecast, (USD Million), 2017–2027
Figure 63 Others* :Market Forecast, (USD Million), 2017–2027
Figure 64 Global Vehicle Access Control Market: Competitive Leadership Mapping for Non-Biometric, 2019
Figure 65 Global Market: Competitive Leadership Mapping for Biometric, 2019
Figure 66 Key Developments By Leading Players in the Market, 2016–2019
Figure 67 Market Ranking Analysis
Companies Mentioned
- Biodit
- Calamp
- Continental AG
- Deepglint
- Delphi Automotive
- Denso Corporation
- Fingerprint Cards AB
- HUF Hülsbeck
- Hypr
- Intellicar
- Johnson Electric
- Lear Corporation
- Methode Electronics
- Mitsubishi Electric
- Naunce Communication
- Omron Corporation
- Onstar
- Precise Biometrics
- Robert Bosch
- Sanji Security Systems
- Synaptics Incorporated
- The Club
- Tokai Rika
- U-Shin Ltd
- Valeo
- Voxx International
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 169 |
| Published | May 2019 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD | $ 10.8 billion |
| Forecasted Market Value ( USD | $ 22.6 billion |
| Compound Annual Growth Rate | 11.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 26 |
