NEW YORK, March 14, 2018 (GLOBE NEWSWIRE) — The Demand for the premium motorcycle in increasing at higher rate globally. Technological advancement, increase in disposable income and increasing interest in premium bikes are important factors responsible for growth of Two wheeler Keyless Entry System Market. Two wheeler Keyless Entry System has become the integral part of premium motorcycle production and it improves the security system of bike. The market is expected to show constant growth between 2016-2024. The study covers detail analysis, growth and forecast of the Two wheeler Keyless Entry System Market. The report includes market analysis on regional level. The study covers historical data analysis from 2012 to 2016 and market forecast for 2017 to 2024 based on revenue generated.
Rising demand of luxury bike especially in Asia Pacific Region encouraging international luxury Two-wheeler manufacturer to set up production facilities in local region. Manufacturers integrating immobilizer that helps in the detection of personal code when engine is turned on and then it requests for second code. If the codes does not matches with in built code, immobilizer deactivates fuel system and ignition to prevent misuse. The study includes market value in terms of revenue in billion USD for years 2012-24 and compound annual growth rate (CAGR) in 6.5% for from 2016-24.
Study offers clear view on competition analysis that includes major player analysis, market share, and growth rate and market attractiveness. The competitive landscape in the report offers detailed profiles of the key players in Two wheeler Keyless Entry System Market. Report also covers financial overview, market strategies, new product analysis and marketing trends. Precise Competitive analysis helps businesses to build new product strategies. The Report on Two wheeler Keyless Entry System Market helps user to make precise decision in order to expand their market presence and increase their market share.
Two wheeler Keyless Entry System Market: Product Type
• Passive Keyless Entry System (PKES)
• Remote Keyless Entry System (RKES)
Global Two wheeler Keyless Entry System Market: End Users/ Applications
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Global Two wheeler Keyless Entry System Market: Companies Covered
• ZF Friedrichshafen
• Alps Electric
• Lear Corporation
• Mitsubishi Electric
Two wheeler Keyless Entry System Market report delivers comprehensive analysis of :
• Market Forecast for 2017-24
• Market growth drivers
• Challenges and Opportunities
• Emerging and Current market trends
• Market player Capacity, Production, Revenue (Value)
• Supply (Production), Consumption, Export, Import analysis.
• End user/application Analysis