Report Description Table of Contents The two-wheeler keyless entry system market was worth USD 780 million in 2023 and is expected to reach USD 1.8 billion by 2030 at a compound annual growth rate of 12.4%. An increasing number of incidents of theft, sophistication in electric and electronics of automobile industries, and incorporation of more electric two-wheelers are some of the key drivers boosting the market. The two-wheeler keyless entry system market is more oriented towards modernizing the locking and starting systems that allow motorcycles or scooters to start without a key. These systems use RFID, Bluetooth, and near-field communication (NFC) to improve security and increase comfort. They are gradually being installed on two-wheelers due to the escalating market trend of incorporating smart solutions in automobiles. Market Dynamics Digital Evolution on Two Wheels: Key Technologies Driving Adoption Increasing Number of Two-Wheeler Thefts The growing rate of motorbike theft around the globe has also contributed to the demand for keyless entry systems. The National Insurance Crime Bureau (NICB) ranked the United States with over 46,000 motorcycles stolen in 2022, marking a 5% annual increase. Conventional car opening systems increase security since they use encrypted methods of conveying instructions, minimizing theft. New Technologies in the Automotive Electronics Wireless technologies for communications, sensors incorporated devices, and mobile application integration into the car are the reasons that have boosted keyless systems. For instance, Bosch has developed solutions that enable mobile keys, through which users can lock or unlock doors or even start vehicles – using smartphones. Increasing popularity of premium and electric two-wheelers The growth in sales of premium motorcycles and electric scooters, especially in metropolitan areas, is the key factor behind the growth. Current high-end motorcycles and scooters launched in the market from Harley-Davidson, KTM, BMW Motorrad, etc, come with basic keyless entry systems. IoT and Smart Cities: Creating Opportunities for Next-Gen Keyless Entry Systems Business Growth across Emerging Markets The Asia-Pacific and Latin America regions have the greatest opportunities for growth among emerging economies. For example, India, the world’s largest two-wheeler market with over 15 million units, is also showing growing interest in smart and connected features. Depending on government strategists, especially FAME II (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles), automotive Manufacturers and new technologies are adopted efficiently. IoT and Smart Cities integration The combination of these keyless systems with IoT programs and smart city projects is expected to transform urban mobility. For example, IoT PYN, a smart scooter, has connected a keyless system, real-time traffic information, and navigation services with Honda’s IoT in Japan, realizing the convenience of the users. Customization or After-Sale Service Sector The market for keyless entry solutions installed in two-wheelers is now growing as consumers are retrofitting the original two-wheelers. Some auto firms, such as Valeo and Steelmate, are coming up with cheaper retrofit kits to address the growing demand from regions that are sensitive to costs. High-Tech Hurdles: Cost and Cybersecurity Challenges for Keyless Entry Systems High Cost of Advanced Systems Existing and new innovations, such as keyless entry systems, which cost from $80 to $300 per unit, are expensive and limit their adoption in price-sensitive areas. Manufacturers must adapt the strategies to offer competitive prices that attract the mass market while still providing a wide range of features similar to top-of-the-line models. Cybersecurity Risks Keyless entry systems may be hacked and can be easily manipulated by intercepting signals with relative ease. There are multiple cases reported in 2022 for relay attacks, that is, keyless thefts. Manufacturers have to focus on proper encryption as well as security to overcome all these issues. Navigating the Segments: Vehicle Types, Technologies, and Regional Insights By Technology Radio-Frequency Identification (RFID) Bluetooth-Based Keyless Entry Near-Field Communication (NFC) Other Wireless Technologies By Vehicle Type Motorcycles Scooters Electric Two-Wheelers By Distribution Channel Original Equipment Manufacturers (OEMs) Aftermarket By Region North America Europe Asia-Pacific Latin America Middle East & Africa From Scooters to Superbikes: Application-Based Trends in Keyless Entry Systems Leading Segment: Bluetooth-Based Keyless Entry The Bluetooth based KE systems have the largest market share due to their compatibility and convenience. These systems enable riders to employ the Smartphone to initiate and operate smart doors, thus avoiding the need for other gadgets. For example, the Harley-Davidson Smart Security System that uses Bluetooth connection has received massive acceptance from customers of luxurious motorcycles. Emerging Segment: Electric Two-Wheelers The increased use of electric two-wheelers has become a popular trend in the past few years, so they are slowly becoming an important segment. Current electric scooters integrate keyless entry systems with some of the leading companies, such as Ather Energy and NIU Technologies. Global Insights: Regional Leaders Shaping the Keyless Entry Landscape Leading Region: Asia-Pacific Asia-Pacific was the largest market with a revneue share of over 60% in 2023 for the two-wheeler keyless entry system market. The dominance is due to the fact that Asian SCM is the largest two-wheeler market globally, especially in India, China, and Indonesia. In India, sales of two-wheeler vehicles crossed the eighty percent mark of overall vehicle sales in the year 2022, pointing towards the existing market for keyless entry systems. North America: The second largest market is North America because of a high demand for premium motorcycles and a shift towards electric two-wheelers. According to the data, the growth rate of motorcycle sales in the U.S. reached 7% in 2022, and the absence of a key became one of the preferred options. Europe: Europe has shown gradual growth because of safety-related laws and the escalating use of modern technology in two-wheelers. Some of the leading countries in the regional market are Germany and the United Kingdom. Market Leaders in Motion: Companies Revolutionizing Two-Wheeler Keyless Entry Systems Bosch Valeo Steelmate Co., Ltd. DENSO Corporation Continental AG ZF Friedrichshafen AG Delphi Automotive PLC Ather Energy Hero Electric NIU Technologies Unlocking Tomorrow: The Future of Two-Wheeler Keyless Entry Systems The global two-wheeler keyless entry system market is anticipated to experience rapid growth as a result of significant innovations taking place in the automotive industry and the growing demand for Intelligent Transportation Systems. The adoption of artificial intelligence and blockchain to improve security, coupled with the increased uptake of electric vehicles, are future drivers of the market. In the next few years, cost-reduced systems that are designed specifically for emerging markets will be adopted by manufacturers without compromising on security. Collaborations between OEMs and technology-supplying companies will also continue to drive the rate of advancements in the area. In conclusion, the global two-wheeler keyless entry system market brings into vision a bright decade ahead with opportunities for new entrants as well as for the incumbent players. In the future, the increasing development of social mobility of urbanites will make keyless systems indispensable tools to improve safety, comfort and accessibility for passengers globally. Frequently Asked Question About This Report . Table of Contents Executive Summary • Market Overview • Key Findings and Market Attractiveness • CXO Perspectives on the Two-Wheeler Keyless Entry System Market Introduction to the Two-Wheeler Keyless Entry System Market • Definition and Scope • Research Methodology and Assumptions • Market Structure and Segmentation Market Dynamics • Market Drivers • Market Restraints • Opportunities in the Two-Wheeler Keyless Entry System Market • Challenges in the Market • Impact of COVID-19 on the Market Investment Opportunities and Market Trends • Key Investment Opportunities • Ongoing Market Developments • Merger and Acquisition Trends • Emerging Trends in the Two-Wheeler Keyless Entry System Market Global Two-Wheeler Keyless Entry System Market Analysis • Historical Market Size and Volume (2019-2023) • Market Size and Volume Forecasts (2024-2032) • Analysis by Technology o Radio-Frequency Identification (RFID) o Bluetooth-Based Keyless Entry o Near-Field Communication (NFC) o Other Wireless Technologies • Analysis by Vehicle Type o Motorcycles o Scooters o Electric Two-Wheelers • Analysis by Distribution Channel o Original Equipment Manufacturers (OEMs) o Aftermarket North America Two-Wheeler Keyless Entry System Market Analysis • Market Overview • Historical Market Size and Volume (2019-2023) • Market Size and Volume Forecasts (2024-2032) • Analysis by Technology o Radio-Frequency Identification (RFID) o Bluetooth-Based Keyless Entry o Near-Field Communication (NFC) o Other Wireless Technologies • Analysis by Vehicle Type o Motorcycles o Scooters o Electric Two-Wheelers • Analysis by Distribution Channel o Original Equipment Manufacturers (OEMs) o Aftermarket • Country-Level Analysis o USA o Canada o Mexico Europe Two-Wheeler Keyless Entry System Market Analysis • Market Overview • Historical Market Size and Volume (2019-2023) • Market Size and Volume Forecasts (2024-2032) • Analysis by Technology o Radio-Frequency Identification (RFID) o Bluetooth-Based Keyless Entry o Near-Field Communication (NFC) o Other Wireless Technologies • Analysis by Vehicle Type o Motorcycles o Scooters o Electric Two-Wheelers • Analysis by Distribution Channel o Original Equipment Manufacturers (OEMs) o Aftermarket • Country-Level Analysis o Germany o United Kingdom o France o Italy o Spain o Rest of Europe Asia-Pacific Two-Wheeler Keyless Entry System Market Analysis • Market Overview • Historical Market Size and Volume (2019-2023) • Market Size and Volume Forecasts (2024-2032) • Analysis by Technology o Radio-Frequency Identification (RFID) o Bluetooth-Based Keyless Entry o Near-Field Communication (NFC) o Other Wireless Technologies • Analysis by Vehicle Type o Motorcycles o Scooters o Electric Two-Wheelers • Analysis by Distribution Channel o Original Equipment Manufacturers (OEMs) o Aftermarket • Country-Level Analysis o China o India o Japan o South Korea o Rest of Asia-Pacific Latin America Two-Wheeler Keyless Entry System Market Analysis • Market Overview • Historical Market Size and Volume (2019-2023) • Market Size and Volume Forecasts (2024-2032) • Analysis by Technology o Radio-Frequency Identification (RFID) o Bluetooth-Based Keyless Entry o Near-Field Communication (NFC) o Other Wireless Technologies • Analysis by Vehicle Type o Motorcycles o Scooters o Electric Two-Wheelers • Analysis by Distribution Channel o Original Equipment Manufacturers (OEMs) o Aftermarket • Country-Level Analysis o Brazil o Argentina o Rest of Latin America Middle East and Africa Two-Wheeler Keyless Entry System Market Analysis • Market Overview • Historical Market Size and Volume (2019-2023) • Market Size and Volume Forecasts (2024-2032) • Analysis by Technology o Radio-Frequency Identification (RFID) o Bluetooth-Based Keyless Entry o Near-Field Communication (NFC) o Other Wireless Technologies • Analysis by Vehicle Type o Motorcycles o Scooters o Electric Two-Wheelers • Analysis by Distribution Channel o Original Equipment Manufacturers (OEMs) o Aftermarket • Country-Level Analysis o GCC o South Africa o Rest of Middle East & Africa Competitive Landscape • Overview of Key Players in the Two-Wheeler Keyless Entry System Market • Company Profiles o Bosch o Valeo o Steelmate Co., Ltd. o DENSO Corporation o Continental AG o ZF Friedrichshafen AG o Delphi Automotive PLC o Ather Energy o Hero Electric o NIU Technologies • Key Business Strategies and Developments Appendix • List of Abbreviations • Sources of Data • Research Methodology List of Tables • Market Size by Region (2024–2032) • Market Segmentation by Technology, Vehicle Type, and Distribution Channel (2024–2032) • Regional Country-Level Data (2024–2032) List of Figures • Market Share by Technology (2024 vs. 2032) • Market Share by Vehicle Type (2024 vs. 2032) • Regional Market Share Snapshots (2024 vs. 2032) • Growth Drivers, Restraints, and Opportunities in the Two-Wheeler Keyless Entry System Market