Automotive Passive Start and Entry (PASE) System Market 2027

Improvement in transportation infrastructure and rise in vehicle sales in developing economies is expected to drive the demand of global automotive passive start and entry (PASE) system market in the forecast period, 2023-2027.

According to TechSci Research report, Automotive Passive Start and Entry (PASE) System Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, the global automotive passive start and entry (PASE) system market is anticipated to grow at a steady rate in the forecast period, 2023-2027. The automotive passive start and entry (PASE) system is a type of electronic key that permits the driver and passenger of the vehicle to gain physical access to the automobile and eliminates the need for a mechanical key by automatically enabling the locking and unlocking process. The system uses sensors that are present on all the door handles, which identify the signal and open the automobile's door. Integration of passive start and entry (PASE) system into fashion wearables which can also be used as an additional car key, is witnessing huge demand among consumers.  Focus of the market players on providing additional security of automobiles to enable remote controlling of cars and improved consumer experience is expected to fuel the market growth in the forecast period.

However, high repair and maintenance costs and the risk of cyberattacks may restrain the global automotive passive start and entry (PASE) system market growth in the forecast period. 

Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on "Global Automotive Passive Start and Entry (PASE) System Market"

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The global automotive passive start and entry (PASE) system market is segmented by frequency, vehicle type, demand category, competitional landscape, and regional distribution.

Based on the vehicle type, the global automotive passive start and entry (PASE) system market is divided into passenger cars and commercial vehicles. The passenger car segment is projected to hold the largest market share in the next five years. High sales of passenger cars due to increasing demand for private vehicle ownership and the rise in the expenditure capacity of consumers are influencing the market demand. Integration of advanced features in automobiles and the high demand for automobile security systems bolsters the demand for automotive passive start and entry (PASE) systems.

Based on the demand category, the global automotive passive start and entry (PASE) system market is bifurcated into OEM and replacement. The OEM segment is maintaining its dominance and is expected to maintain it throughout the forecast period, 2023-2027. The automotive passive start and entry (PASE) system work on the pre-defined programming to provide advanced automobile security that the OEM designs. To cater to the changing demand of consumers and the use of innovative technology in automobiles to improve the security of automobiles is boosting the market demand. Key market players are making high-end investments and focusing on product development, expansions, acquisition, and collaborations to strengthen their market presence.

Based on the regional analysis, Asia-pacific is the most promising regional market and is expected to witness substantial growth opportunities for the market growth. China boasts of one of the biggest automotive markets in the world. Market players are launching new models with a passive start and entry system, and the sales of automobiles equipped with this feature are expected to multiply. Japan is using advanced technologies in the manufacturing process and providing attractive features to fuel the sales of automobiles.

Major market players operating in global automotive passive start and entry (PASE) system market are:

  • Continental AG
  • Valeo Group
  • Siemens Automotive Systems Corp.
  • Strattec Security Corporation
  • Texas Instruments Inc.

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“Market players use lightweight and eco-friendly materials to manufacture the inside of chips and buttons for making keys used in passive start and entry systems. They are making efforts to develop compact and attractive keys. The advancements in the door latch systems and the integration of passive start and entry systems are expected to offer cost-effective solutions to automobile manufacturers and amplify the car user convenience by supporting the easy/exit of the car. The use of the latest technologies expensive vehicle models such as SUV and sports car, growing sales of automobiles, and the rise in applications in commercial vehicles is expected to propel the global automotive passive start and entry (PASE) system market growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Automotive Passive Start and Entry (PASE) System Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Frequency [Low (125 kHz or 134 kHz), High (Sub-1 GHz)], By Vehicle Type (Passenger Car, Commercial Vehicle), By Demand Category (OEM and Aftermarket), and By Region”, has evaluated the future growth potential of global automotive passive start and entry (PASE) system and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global automotive passive start and entry (PASE) system market.

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