PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1514971
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1514971
Vehicle Access Control Market, By Type, By Technology, By Application, By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2024-2032
REPORT HIGHLIGHT
Vehicle Access Control Market size was valued at USD 9,984.2 Million in 2023, expanding at a CAGR of 8.50% from 2024 to 2032.
The Global Vehicle Access Control Market is the industry that includes the technology, systems, and solutions used to manage and control access to cars. It entails the adoption of a variety of security measures and systems to ensure permitted entry and prevent unauthorized access to cars. Vehicle access control systems are intended to improve vehicle security, reduce theft, and safeguard important goods. These systems utilize a variety of technologies, including keyless entry systems, biometric authentication, RFID (Radio Frequency Identification) tags, smart cards, and vehicle immobilizers. They are often built into automobiles or installed in parking lots, apartment complexes, business buildings, and other locations where vehicle access must be controlled.
Vehicle Access Control Market- Market Dynamics
Increasing Penetration of Smartphones and Other Smart Devices will Drive the Market
The advancement of technology has led to an increase in the number of smartphone users around the world. According to the GSM Association's research 'The Mobile Economy 2020', there were roughly 5.2 billion smartphone users in 2019, accounting for 65% of the global population, and this figure is predicted to rise to 7.1 billion by 2025, accounting for 80% of the total. Furthermore, as mentioned in Ericsson's 'The Ericsson Mobility Report 2020', mobile network data traffic increased significantly every quarter in 2018. The growing reliance on smartphones and the internet for efficient connectivity has increased the use of vehicle access control.
Vehicle Access Control Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 8.50% over the forecast period (2024-2032)
Based on Type segmentation, non-biometric was predicted to show maximum market share in the year 2023
Based on Technology segmentation, the Radio frequency identification (RFID) segment is expected to register the highest revenue CAGR
On the basis of region, North America was the leading revenue generator in 2023
Vehicle Access Control Market- Segmentation Analysis:
The Global Vehicle Access Control Market is segmented on the basis of Type, Technology, Application, and Region.
The market is divided into three categories based on Type: Biometric Systems, Non- Biometric Systems, and Others. The non-biometric segment held the greatest market share in 2023. Non-biometric vehicle access control systems include basic security and safety features including intrusion alarms, keyless entry, and stolen car assistance, among others, that allow owners to enter, secure, and monitor their vehicles conveniently. Because of their ease of deployment and usage, these systems are prevalent in low-end, mid-range, and luxury vehicles.
The market is divided into four categories based on Technology: Wi-Fi, RFID, NFC, and Bluetooth. The radio frequency identification (RFID) segment is predicted to have the greatest revenue CAGR over the projection period because to its low cost, ease of deployment in autos, and quick access permission for vehicle owners.
Vehicle Access Control Market- Competitive Landscape:
Recent Developments:
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL VEHICLE ACCESS CONTROL MARKET, BY TYPE- MARKET ANALYSIS, 2019 - 2032
GLOBAL VEHICLE ACCESS CONTROL MARKET, BY TECHNOLOGY- MARKET ANALYSIS, 2019 - 2032
GLOBAL VEHICLE ACCESS CONTROL MARKET, BY APPLICATION- MARKET ANALYSIS, 2019 - 2032
GLOBAL VEHICLE ACCESS CONTROL MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032
Table of Contents
1. Vehicle Access Control Market Overview
- 1.1. Study Scope
- 1.2. Market Estimation Years
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Vehicle Access Control Market Snippet by Type
- 2.1.2. Vehicle Access Control Market Snippet by Technology
- 2.1.3. Vehicle Access Control Market Snippet by Application
- 2.1.4. Vehicle Access Control Market Snippet by Country
- 2.1.5. Vehicle Access Control Market Snippet by Region
3. Vehicle Access Control Key Market Trends
4. Vehicle Access Control Industry Study
5. Vehicle Access Control Market: COVID-19 Impact Analysis
6. Vehicle Access Control Market Landscape
7. Vehicle Access Control Market - By Type
8. Vehicle Access Control Market - By Technology
9. Vehicle Access Control Market - By Application
10. Vehicle Access Control Market- By Geography
11. Key Vendor Analysis- Vehicle Access Control Industry
12. 360 Degree Analyst View
13. Appendix
List of Tables
- TABLE List of data sources
- TABLE Market drivers; Impact Analysis
- TABLE Market restraints; Impact Analysis
- TABLE Vehicle Access Control Market: Type Snapshot (2023)
- TABLE Segment Dashboard; Definition and Scope, by Type
- TABLE Global Vehicle Access Control Market, by Type 2019-2032 (USD Million)
- TABLE Vehicle Access Control Market: Technology Snapshot (2023)
- TABLE Segment Dashboard; Definition and Scope, by Technology
- TABLE Global Vehicle Access Control Market, by Technology 2019-2032 (USD Million)
- TABLE Vehicle Access Control Market: Application Snapshot (2023)
- TABLE Segment Dashboard; Definition and Scope, by Application
- TABLE Global Vehicle Access Control Market, by Application 2019-2032 (USD Million)
List of Figures
