Vehicle Access Control Market

Vehicle Access Control Market by Technology (NFC, RFID, Bluetooth, and Others), Types (Non-biometric Systems and Biometric Systems), Vehicle Types (Passenger Car and Commercial Vehicle), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2022 – 2030

  • Report ID: AL-4527
  • Author: Growth Market Reports
  • Rating: 4.6
  • Total Reviews: 2
  • No. Of Pages: 187
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The global vehicle access control market size was valued at USD 9.62 billion in 2021, is projected to reach USD 12.47 billion by 2030 and expanding at a CAGR of 6.7% during the forecast period, 2021–2030. The growth of the market is attributed to the rising incidence of vehicle thefts across developed and emerging economies.

Vehicle Access Control Market_Summary

Vehicle access control is a system that allows a vehicle to enter a building depending on entrance requirements such as day, time, and occupation. Vehicle access control reduces the need for human participation in vehicle inspection and allows for automatic vehicle access. A vehicle access control system is a collection of technologies that allows a vehicle's owner to get entry without using traditional keys. The vehicle access control system oversees and regulates which vehicles and when they enter the premises. This technology has simply enabled the function of automatic vehicle access, removing the need for human interaction in physically inspecting cars. The vehicle access control system allows permitted entry to vehicles through barriers, doors, gates, and shutters.

The COVID-19 pandemic affected the automotive industry due to the plant closure, global demand shock, and disruption of supply chain. Automotive companies are expected to keep operations afloat and leaving R&D funding for advanced technology efforts.  Strategic choices to abandon unproductive global markets and vehicle categories is projected to hastened, as production capacity is streamlined and integrated.

Market Trends, Drivers, Restraints, and Opportunities 

  • Rising focus on improving the safety protocols for general public coupled with rising smart city projects are expected to drive the market.
  • Increasing investments in the automotive industry is projected to propel the market during the forecast period.
  • Lack of technological expertise in the developing and underdeveloped country is anticipated to hinder the market.
  • High cost associated technological innovations is expected to hamper the market in the coming years.
  • Growing penetration of artificial intelligence, internet of things, and connected devices is projected to create lucrative opportunities for market players. 

Scope of the Report

The report on the global vehicle access control market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Vehicle Access Control Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2021

Historic Data

2019–2020

Forecast Period

2022–2030

Segmentation

Technology (NFC, RFID, Bluetooth, and Others), Types (Non-biometric Systems and Biometric Systems), and Vehicle Types (Passenger Car and Commercial Vehicle)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Continental AG; Robert Bosch; Nuance Communication; Denso Corporation; and Valeo

Market Segment Insights

RFID segment to expand at a considerable CAGR

On the basis of technology, the vehicle access control market is segmented into NFC, RFID, bluetooth, and others. The RFID segment is projected to expand at a considerable CAGR during the forecast period, due to its low cost, relatively easier deployment in vehicles and quick access authorization for vehicle owners. The NFC segment is anticipated to account for a major market share during the forecast period. The low cost of NFC technology has enabled manufacturers to introduce NFC-enabled smartphone or card-based access for mainstream vehicles. Relay assaults aren't possible with NFC because of its restricted operational range. These assaults occur when hackers convince the car that the owner's mobile device is within range.

Vehicle Access Control Market_by Technology

Biometric systems segment to hold a significant share of the market

Based on types, the market is divided into non-biometric systems and biometric systems. The biometric systems segment is expected to hold a significant share of the market in the coming years, due to the advancement of in-vehicle facial recognition software and increased adoption of fingerprint authorization among vehicle manufacturer. The non-biometric systems segment accounts for a significant market share, owing to increasing demand for cost-effective solutions such as audible alarm systems and steering column collars.

Passenger car segment to expand at a substantial CAGR

On the basis of vehicle types, the market is segregated into passenger car and commercial vehicle. The passenger car segment is anticipated to expand at a substantial CAGR during the forecast period, owing to increasing application of non-biometric systems in all basic models in developed countries. The commercial vehicle segment is expected to hold a significant share of the market, due to increasing consumer preference towards sports utility vehicles.

North America is anticipated to constitute a key market share

In terms of regions, the vehicle access control market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the forecast period, owing to increasing demand for advanced security features such as electronic immobilizers and keyless entry. The market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period, due to rising vehicle production, surging demand for high-end automobiles, and greater awareness regarding the security benefits of vehicle access control solutions.

Vehicle Access Control Market_by Regions

Segments

The global vehicle access control market has been segmented on the basis of

Technology
  • NFC
  • RFID
  • Bluetooth
  • Others
Types
  • Non-biometric Systems
  • Biometric Systems
Vehicle Types
  • Passenger Car
  • Commercial Vehicle
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Continental AG
  • Robert Bosch
  • Nuance Communication
  • Denso Corporation
  • Valeo

Competitive Landscape

Key players competing in the global vehicle access control market are Continental AG; Robert Bosch; Nuance Communication; Denso Corporation; and Valeo.

The majority of key players are concentrating on strategic collaborations and expanding research and development projects targeted at offering low-cost, high-security vehicle access solutions. Continental AG recently stated that it has received production orders for its CoSmA smartphone-based vehicle access control solution from three major vehicle manufacturers, with the manufacturers planning to integrate the technology into their forthcoming vehicle lineups beginning in 2021.

Vehicle Access Control Market_by Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vehicle Access Control Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Vehicle Access Control Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Vehicle Access Control Market - Supply Chain
  4.5. Global Vehicle Access Control Market Forecast
     4.5.1. Vehicle Access Control Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Vehicle Access Control Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Vehicle Access Control Market Absolute $ Opportunity
5. Global Vehicle Access Control Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Vehicle Access Control Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Vehicle Access Control Demand Share Forecast, 2019-2026
6. North America Vehicle Access Control Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Vehicle Access Control Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Vehicle Access Control Demand Share Forecast, 2019-2026
7. Latin America Vehicle Access Control Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Vehicle Access Control Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Vehicle Access Control Demand Share Forecast, 2019-2026
8. Europe Vehicle Access Control Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Vehicle Access Control Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Vehicle Access Control Demand Share Forecast, 2019-2026
9. Asia Pacific Vehicle Access Control Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Vehicle Access Control Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Vehicle Access Control Demand Share Forecast, 2019-2026
10. Middle East & Africa Vehicle Access Control Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Vehicle Access Control Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Vehicle Access Control Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Vehicle Access Control Market: Market Share Analysis
  11.2. Vehicle Access Control Distributors and Customers
  11.3. Vehicle Access Control Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

The global vehicle access control market has been segmented on the basis of

Technology
  • NFC
  • RFID
  • Bluetooth
  • Others
Types
  • Non-biometric Systems
  • Biometric Systems
Vehicle Types
  • Passenger Car
  • Commercial Vehicle
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Continental AG
  • Robert Bosch
  • Nuance Communication
  • Denso Corporation
  • Valeo

Key players competing in the global vehicle access control market are Continental AG; Robert Bosch; Nuance Communication; Denso Corporation; and Valeo.

The majority of key players are concentrating on strategic collaborations and expanding research and development projects targeted at offering low-cost, high-security vehicle access solutions. Continental AG recently stated that it has received production orders for its CoSmA smartphone-based vehicle access control solution from three major vehicle manufacturers, with the manufacturers planning to integrate the technology into their forthcoming vehicle lineups beginning in 2021.

Vehicle Access Control Market_by Key Players

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FAQ Section

Some frequently asked quetions about this report!

The global vehicle access control market size was valued at USD 9.62 billion in 2021.

Rising focus on improving the safety protocols for general public coupled with rising smart city projects are expected to drive the market.

The global vehicle access control market is expanding at a CAGR of 6.7% during the forecast period, 2021–2030.

North America is expected to constitute a key share of the market during the forecast period.

Key players competing in the global vehicle access control market are Continental AG; Robert Bosch; Nuance Communication; Denso Corporation; and Valeo.