The Smart Entry System is a newer technology feature that makes it possible to lock and unlock the vehicle without using a key or a key fob which is used in high-end. The car with a digital key is coded with wireless communication technology containing a computer chip and security code which enables the user to unlock or lock as well as engine start. The key uses smart sensors connected to the antennas in the vehicle body part that detects the smart key and unlocks the door for the user. It provides comfort to the user by simply grabbing the vehicle’s front door handle or by clicking the capacitive push which will take a signal validation from the sensor attached to the vehicle of the smart key to unlock the doors.This growth is primarily driven by Growing Demand for Enhanced Security Access Systems and Rising Demand for Connected Cars.
Globally, a noticeable market trend is evident Increased Usage in the Automotive Industry
. Major Vendors, such as Continental AG (Germany), Delphi Technologies (Ireland), Hella (Germany), Mitsubishi Electric Corporation (Japan), TRW Automotive (United States), Toyota Motor Corporation (Japan), Atmel Corporation (United States), TOKAI RIKA CO., LTD. (Japan), JPM Group (India) and Honda Lock Mfg. Co., Ltd. (Japan) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On February 4, 2019 Technology Company Continental has announced the successful completion of the acquisition of Kathrein Automotive GmbH after antitrust authorities officially cleared the transaction. Kathrein is a move that will give Continental an important key segment to add to its wealth of expertise.
- Growing Demand for Enhanced Security Access Systems
- Rising Demand for Connected Cars
- Increased Usage in the Automotive Industry
- Development of Innovative and Advanced Technology
Adoption of Vehicle Security Systems in Developing as well as Developed Nations
The Hackers Are Constantly Developing Newer Ways to Steal Cars
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