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DUBLIN--(BUSINESS WIRE)--Nov 14, 2022--
The "Automotive Passive Start and Entry System Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Frequency [Low, High], By Vehicle Type, By Demand Category, and By Region, 2027" report has been added to ResearchAndMarkets.com's offering.
The global automotive passive start and entry (PASE) system market is projected to grow at a formidable rate during the forecast period, 2023-2027
The market growth can be attributed to the ongoing research and development activities and technological advancements in the automotive industry. Besides, an increase in the purchasing capacity of consumers as well as integration and up-gradation of novel technologies in automobiles are some of the factors propelling the growth of the global automotive passive start and entry (PASE) system market.
Without using the key, the automobile passive start and entry (PASE) system allows entry into the car and starts the engine. The vehicle system instantly detects the PASE key upon approach and starts, unlocks, or modifies personalized settings in accordance with the driver's requirements, thus ensuring the driver's maximum comfort and convenience. They provide secure data transfer, prevent unlawful vehicle access and ensure that passengers receive specialized services based on their unique ID.
The automotive passive start and entry (PASE) system improves vehicle security by preventing unauthorized access to the vehicle. To attract customers and boost sales, market competitors are attempting to offer unique car features and incorporate characteristics seen in luxury cars into affordable ones.
To address the growing concerns about safety and security, automotive passive start and entry (PASE) systems contain sophisticated capabilities such as tyre pressure monitoring systems, light control, storing multimedia files, front and rear seat adjustments, and automobile alarms.
Growing sales of automobiles and advanced technologies and supportive government policies and rules emphasizing the need to ensure maximum vehicle safety by automobile manufacturers are influencing the market demand. A surge in the adoption of luxury and electric vehicles is expected to increase the integration of the automotive passive start and entry (PASE) system is likely to increase in the forecast period.
The global automotive passive start and entry (PASE) system market is segmented based on frequency, vehicle type, demand category, regional distribution, and company. Based on the vehicle type, the global automotive passive start and entry (PASE) system market is divided into passenger and commercial vehicles. The passenger car segment is expected to register the highest growth during the forecast period, owing to increase sales of passenger cars and the increasing need for vehicle security systems.
Objective of the Study:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global automotive passive start and entry (PASE) system market.
Report Scope:
Years considered for this report:
Automotive Passive Start and Entry (PASE) System Market, By Frequency:
Automotive Passive Start and Entry (PASE) System Market, By Vehicle Type:
Automotive Passive Start and Entry (PASE) System Market, By Demand Category:
Automotive Passive Start and Entry (PASE) System Market, By Region:
For more information about this report visit https://www.researchandmarkets.com/r/2ast26
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KEYWORD:
INDUSTRY KEYWORD: VEHICLE TECHNOLOGY AFTERMARKET AUTOMOTIVE GENERAL AUTOMOTIVE OTHER AUTOMOTIVE AUTONOMOUS DRIVING/VEHICLES
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 11/14/2022 09:57 AM/DISC: 11/14/2022 09:58 AM
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