Vehicle Access Control Global Market Report 2024

Description

“Vehicle Access Control Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on vehicle access control market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
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Where is the largest and fastest growing market for vehicle access control? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The vehicle access control market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Biometric System; Non-Biometric System
2) By Vehicle Type: PC; LCV; HCV
3) By Technology: Near Field Communication (NFC); Bluetooth; RFID; Wi-Fi
4) By Applications: Traffic Management; Sensitive Sites/Facilities/Zones, Toll Ways; Commercial Buildings; Residential Buildings
Companies Mentioned: Denso Corporation; Valeo SA; Continental AG; Robert Bosch GmbH; Lear Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Vehicle access control involves systems designed to regulate access, offering solutions ranging from basic vehicle entry and exit management to advanced access control. It employs various approaches to control vehicles' entry and exit based on factors like employment, time, and day. Vehicle access control systems incorporate both biometric and non-biometric components, automating the process to grant automatic access to vehicles without human intervention.

The primary types of vehicle access control in the market are biometric systems and non-biometric systems. Biometric systems utilize authentication and authorization methods to control access to a vehicle, integrating security and convenience through unique biometric codes. These systems offer enhanced security that is challenging to duplicate, along with user convenience. Vehicle access control is applicable to passenger cars (PC), light commercial vehicles (LCV), and heavy commercial vehicles (HCV), employing technologies such as near field communication (NFC), Bluetooth, RFID, and Wi-Fi. Vehicle access control finds applications in traffic management, sensitive sites/facilities/zones, tollways, commercial buildings, and residential buildings.

The vehicle access control market research report is one of a series of new reports from The Business Research Company that provides vehicle access control market statistics, including vehicle access control industry global market size, regional shares, competitors with a vehicle access control market share, detailed vehicle access control market segments, market trends and opportunities, and any further data you may need to thrive in the vehicle access control industry. This vehicle access control market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The vehicle access control market size has grown strongly in recent years. It will grow from $11. 38 billion in 2023 to $12. 41 billion in 2024 at a compound annual growth rate (CAGR) of 9. 1%. The growth observed in the historical period can be attributed to several factors, including the emphasis on security and theft prevention, the enhancement of user convenience, increasing adoption in residential communities, the growth of urbanization, and the evolution of the regulatory landscape.

The vehicle access control market size is expected to see strong growth in the next few years. It will grow to $17. 75 billion in 2028 at a compound annual growth rate (CAGR) of 9. 4%. The anticipated growth in the forecast period can be attributed to various factors, including the emergence of smart access cards, increased demand for contactless solutions, a focus on green and sustainable access control solutions, growing concerns about data security and privacy, and global initiatives in smart transportation. Key trends expected in the forecast period encompass the integration of advanced technologies, the adoption of contactless access solutions, the integration of mobile access and smartphone functionalities, the implementation of intelligent vehicle identification systems, and the utilization of cloud-based access control platforms.

The vehicle access control market is poised for growth due to the increasing demand for electric vehicles (EVs). Electric vehicles, propelled by one or more electric motors, have gained prominence, drawing power from external collectors or internal batteries. The surge in electric vehicle demand necessitates the implementation of vehicle access control systems. In September 2022, the International Energy Agency reported a significant rise in electric vehicle sales, reaching 6. 6 million in 2021, nearly double the figures from 2020. This accounts for almost 9% of total sales, contributing to a total of 16. 5 million electric vehicles on the road. Therefore, the escalating demand for electric vehicles is a driving force behind the growth of the vehicle access control market.

The growth of the vehicle access control market is also expected to be fueled by increased sales in the luxury car segment. Luxury cars, known for their high-end features and performance, utilize vehicle access control for keyless entry, biometric authentication, remote diagnostics, and adaptive entry and exit. According to Cox Automotive's December 2022 report, the luxury vehicle market continues to maintain a substantial share, rising to 18. 2% of total sales in November 2022. This increase from 17. 8% in October 2022 indicates a growing preference for luxury cars, contributing to the growth of the vehicle access control market.

A key trend in the vehicle access control market is technological advancement, with companies developing innovative solutions to meet market demands. One notable technological advancement is the introduction of smartphone-based vehicle access control systems, providing users with enhanced convenience. In July 2021, Hella KGaA Hueck & Co launched Smart Car Access, utilizing ultra-wideband (UWB) technology for hands-free, smartphone-based vehicle access. This technology enhances automotive security by preventing relay attacks, such as unauthorized vehicle openings through remote extension.

Major companies in the vehicle access control market are focusing on product innovation to meet the increasing demand. Innovative products in vehicle access control include advanced technologies and solutions aimed at improving security and convenience. Huf Group, in November 2022, announced the Light Touch Emblem system, a smart car access solution designed for electric vehicles. This system responds to a gentle touch, providing illumination and a subtle vibration for a unique and user-friendly car access experience.

In June 2022, ButterflyMX, a US-based property technology company specializing in smartphone-based access control, acquired CloudKeyz Inc to expand its portfolio in access control devices. This acquisition includes gate and garage controllers for automatic vehicle entry, card readers for keycards, and access controllers for amenities and common spaces accessible using a mobile device.

Major companies operating in the in the vehicle access control market report are Denso Corporation, Valeo SA, Continental AG, Robert Bosch GmbH, Lear Corporation, HELLA GmbH & Co., ZF Friedrichshafen AG, Mitsubishi Electric Corporation, Panasonic Corporation, Omron Corporation,NXP Semiconductors N. V., Texas Instruments Incorporated,STMicroelectronics N. V., Infineon Technologies AG, Alps Alpine Co Ltd., Aptiv PLC., Autoliv Inc., Gentex Corporation, Harman International Industries Inc., Hitachi Ltd., Hyundai Mobis Co Ltd., Johnson Electric Holdings Limited, Magna International Inc., Murata Manufacturing Co Ltd., NEC Corporation, Nidec Corporation, Osram Licht AG, Panasonic Corporation, Samsung Electronics Co Ltd., Sony Corporation,

North America was the largest region in the vehicle access control market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vehicle access control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the vehicle access control market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The vehicle access control market includes revenues earned by entities by providing dynamic parking areas management, boarding area entrances management, multimedia kiosks management, accesses control management, remote configuration of entrance gates, user permission management. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r10637

1. Executive Summary

2. Vehicle Access Control Market Characteristics

3. Vehicle Access Control Market Trends And Strategies

4. Vehicle Access Control Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Vehicle Access Control Market Size and Growth

5.1. Global Vehicle Access Control Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Vehicle Access Control Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Vehicle Access Control Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Vehicle Access Control Market Segmentation

6.1. Global Vehicle Access Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Biometric System
Non-Biometric System
6.2. Global Vehicle Access Control Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
PC
LCV
HCV
6.3. Global Vehicle Access Control Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Near Field Communication (NFC)
Bluetooth
RFID
Wi-Fi
6. 4. Global Vehicle Access Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Traffic Management
Sensitive Sites/Facilities/Zones, Toll Ways
Commercial Buildings
Residential Buildings

7. Vehicle Access Control Market Regional And Country Analysis

7.1. Global Vehicle Access Control Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Vehicle Access Control Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Vehicle Access Control Market

8.1. Asia-Pacific Vehicle Access Control Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Vehicle Access Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Vehicle Access Control Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. 4. Asia-Pacific Vehicle Access Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Vehicle Access Control Market

9.1. China Vehicle Access Control Market Overview
9.2. China Vehicle Access Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Vehicle Access Control Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9. 4. China Vehicle Access Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Vehicle Access Control Market

10.1. India Vehicle Access Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Vehicle Access Control Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Vehicle Access Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Vehicle Access Control Market

11.1. Japan Vehicle Access Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Vehicle Access Control Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Vehicle Access Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Vehicle Access Control Market

12.1. Australia Vehicle Access Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Vehicle Access Control Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Vehicle Access Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Vehicle Access Control Market

13.1. Indonesia Vehicle Access Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Vehicle Access Control Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Vehicle Access Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Vehicle Access Control Market

14.1. South Korea Vehicle Access Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Vehicle Access Control Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Vehicle Access Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Vehicle Access Control Market

15.1. Western Europe Vehicle Access Control Market Overview
15.2. Western Europe Vehicle Access Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Vehicle Access Control Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. 4. Western Europe Vehicle Access Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Vehicle Access Control Market

16.1. UK Vehicle Access Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Vehicle Access Control Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Vehicle Access Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Vehicle Access Control Market

17.1. Germany Vehicle Access Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Vehicle Access Control Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Vehicle Access Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Vehicle Access Control Market

18. 5. France Vehicle Access Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. 6. France Vehicle Access Control Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. 7. France Vehicle Access Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Vehicle Access Control Market

19. 9. Italy Vehicle Access Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Vehicle Access Control Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Vehicle Access Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Vehicle Access Control Market

20.13. Spain Vehicle Access Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Vehicle Access Control Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Vehicle Access Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Vehicle Access Control Market

21.1. Eastern Europe Vehicle Access Control Market Overview
21.2. Eastern Europe Vehicle Access Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Vehicle Access Control Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. 4. Eastern Europe Vehicle Access Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Vehicle Access Control Market

22.1. Russia Vehicle Access Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Vehicle Access Control Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Vehicle Access Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Vehicle Access Control Market

23.1. North America Vehicle Access Control Market Overview
23.2. North America Vehicle Access Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Vehicle Access Control Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. 4. North America Vehicle Access Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Vehicle Access Control Market

24.1. USA Vehicle Access Control Market Overview
24.2. USA Vehicle Access Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Vehicle Access Control Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. 4. USA Vehicle Access Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Vehicle Access Control Market

25.1. Canada Vehicle Access Control Market Overview
25.2. Canada Vehicle Access Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Vehicle Access Control Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. 4. Canada Vehicle Access Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Vehicle Access Control Market

26.1. South America Vehicle Access Control Market Overview
26.2. South America Vehicle Access Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Vehicle Access Control Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. 4. South America Vehicle Access Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Vehicle Access Control Market

27.1. Brazil Vehicle Access Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Vehicle Access Control Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Vehicle Access Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Vehicle Access Control Market

28.1. Middle East Vehicle Access Control Market Overview
28.2. Middle East Vehicle Access Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Vehicle Access Control Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. 4. Middle East Vehicle Access Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Vehicle Access Control Market

29.1. Africa Vehicle Access Control Market Overview
29.2. Africa Vehicle Access Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Vehicle Access Control Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. 4. Africa Vehicle Access Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Vehicle Access Control Market Competitive Landscape And Company Profiles

30.1. Vehicle Access Control Market Competitive Landscape
30.2. Vehicle Access Control Market Company Profiles
- 30.2.1. Denso Corporation
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1. 4. Financial Performance
- 30.2.2. Valeo SA
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2. 4. Financial Performance
- 30.2.3. Continental AG
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3. 4. Financial Performance
- 30.2. 4. Robert Bosch GmbH
  - 30.2. 4.1. Overview
  - 30.2. 4.2. Products and Services
  - 30.2. 4.3. Strategy
  - 30.2. 4. 4. Financial Performance
- 30.2. 5. Lear Corporation
  - 30.2. 5.1. Overview
  - 30.2. 5.2. Products and Services
  - 30.2. 5.3. Strategy
  - 30.2. 5. 4. Financial Performance

31. Global Vehicle Access Control Market Competitive Benchmarking

32. Global Vehicle Access Control Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Vehicle Access Control Market

34. Vehicle Access Control Market Future Outlook and Potential Analysis

34.1 Vehicle Access Control Market In 2028 - Countries Offering Most New Opportunities
34.2 Vehicle Access Control Market In 2028 - Segments Offering Most New Opportunities
34. 3 Vehicle Access Control Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35. 4. Research Inquiries
35. 5. The Business Research Company
35. 6. Copyright And Disclaimer