The global market for automotive passive start and entry (PASE) systems, as per a report by TechSci Research titled “Automotive Passive Start and Entry (PASE) System Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027,” is projected to grow steadily from 2023-2027. The PASE system is an electronic key that enables the driver and passenger to access the vehicle and eliminates the need for a mechanical key by automatically locking and unlocking the car. The system uses sensors present on all door handles, which recognize the signal and unlock the car door. There is a high demand for integrating PASE systems into fashion wearables to use them as an additional car key. The focus of market players is to provide additional automobile security, enable remote controlling of cars and enhance consumer experience to drive market growth in the forecast period.
However, the high maintenance and repair costs and the risk of cyberattacks may limit the market growth. The global automotive passive start and entry (PASE) system market is segmented based on frequency, vehicle type, demand category, competitive landscape, and regional distribution.
Based on vehicle type, the market is divided into passenger cars and commercial vehicles, with the passenger car segment expected to hold the largest market share in the next five years. The high sales of passenger cars due to increasing demand for private vehicle ownership and the rise in the expenditure capacity of consumers are influencing market demand. Integration of advanced features and high demand for automobile security systems are driving the demand for PASE systems.
Based on the demand category, the market is bifurcated into OEM and replacement, with the OEM segment maintaining its dominance throughout the forecast period. The PASE system operates on pre-defined programming that the OEM designs to provide advanced automobile security. The use of innovative technology to improve the security of automobiles is boosting market demand.
In terms of regional analysis, Asia-Pacific is the most promising regional market and is expected to witness substantial growth opportunities for market growth. China has one of the biggest automotive markets in the world, and 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 automobile sales. Key market players are making high-end investments and focusing on product development, expansions, acquisitions, and collaborations to strengthen their market presence.
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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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