Global Vehicle Access Control Strategic Business Report 2024-2030: Hack-Proof Keyless Systems Rises in Prominence


Dublin, April 15, 2024 (GLOBE NEWSWIRE) -- The "Vehicle Access Control - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

The global market for Vehicle Access Control estimated at US$10.6 Billion in the year 2023, is projected to reach a revised size of US$19.1 Billion by 2030, growing at a CAGR of 7.6% over the analysis period 2023-2030.

Non-Biometric Vehicle Access Control Systems, one of the segments analyzed in the report, is projected to record 7.4% CAGR and reach US$15.9 Billion by the end of the analysis period. Growth in the Biometric Vehicle Access Control Systems segment is estimated at 8.5% CAGR for the next 8-year period.

The Vehicle Access Control market in the U.S. is estimated at US$2.7 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$4.2 Billion by the year 2030 trailing a CAGR of 9.6% over the analysis period 2023 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6% and 7.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 6% CAGR.

Key Market Trends & Drivers

  • With OEM Integration of Physical Access Control Systems in Vehicles Linked to Automotive Production Trends, It Pays to Understand Where the Automotive Industry is Heading in the Coming Years
  • Semiconductor Chip Shortages & Its Induced Production Woes Add to Market Nervousness
  • As Automobile Production Recovery Slips On the Original Forecasts, Hit By Chip Shortage Woes, Uncertainty Rips Through the Supply Chain
  • Rise in Automobile Thefts & the Ensuing Stringent Motor Vehicle Theft Prevention Regulations Spur Demand for Physical Vehicle Access Control Systems
  • Vehicle Access Control Systems Grow in Significance as the Number of Cars Stolen Each Year Increases
  • Keyless Vehicle Access Control Still Remains the Most Widely Used Secure Vehicle Access Control System
  • Hack-Proof Keyless Systems Rises in Prominence
  • Biometrics Emerges to be the Future of Vehicle Access Control Systems
  • Growing Installation of Vehicle Barriers for Controlling Unauthorized Vehicle Access in Restricted Areas Expand the Addressable Market Opportunity for Automated Solutions
  • Robust Growth in Electronic Tolling (ETC) to Benefit Investments in Vehicle Access Control Deployments
  • Focus on RFID Technology for Vehicle Access Control
  • Special Focus on ANPR Based Vehicle Access Control

The report features profiles of 75 featured companies. A selection of companies in the report includes:

  • Denso Corporation
  • Continental AG
  • Alps Alpine Co., Ltd.
  • Axis Communications AB
  • CalAmp Corporation
  • dormakaba International Holding AG
  • Automatic Systems S.A.
  • ClearView Communications Ltd.
  • Deister Electronic GmbH
  • BioSec Group Ltd.
  • Delta Scientific Corporation
  • Biocom Control & Attendance
  • Deep Glint
  • Asura Technoliges ltd.
  • Axema Access Control


Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Economic Outlook
  • Competition
  • Vehicle Access Control - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Vehicle Access Control - Definition, Types, & Benefits
  • Recent Market Activity
  • Innovations
  • World Brands

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

  • United States
  • Canada
  • Japan
  • China
  • Europe
  • France
  • Germany
  • Italy
  • United Kingdom
  • Spain
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • Australia
  • India
  • South Korea
  • Rest of Asia-Pacific
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East
  • Iran
  • Israel
  • Saudi Arabia
  • United Arab Emirates
  • Rest of Middle East
  • Africa

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/mo1j8i

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