Vehicle Access Control Market Size Uplifts $47.34 Bn by 2034

Vehicle Access Control Market Size, Growth and Trends

Market insights predict the global vehicle access control industry will increase from USD 15.57 billion in 2024 to USD 47.34 billion by 2034, achieving a CAGR of 11.74%. North America leads the vehicle access control market, driven by luxury car demand and road safety focus. Asia Pacific is set for the fastest growth with rising automotive investments. Non-biometrics dominate due to keyless entry demand, while toll ways lead thanks to government efforts in advanced toll systems.

Vehicle Access Control Market Size, Regional and Segments Dominance Analysis

The vehicle access control market size is forecasted to expand from USD 17.4 billion in 2025 to USD 47.34 billion by 2034, growing at a CAGR of 11.74% from 2025 to 2034.

Vehicle Access Control Market Size 2023 - 2034

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Introduction

The vehicle access control market is a crucial sector of the automotive and transportation industry. This industry deals in developing solutions for regulating the entry of vehicles in numerous areas. There are numerous technologies used in this sector consisting of biometric, non-biometric, RFID and some others. These access control system finds applications in several sectors comprising of tollways, commercial buildings, residential buildings and some others. The rising sales of vehicles in different parts of the world has increased the application of vehicle access control systems, thereby contributing to the industrial expansion. This market is expected to rise significantly with the growth of the automotive industry across the globe.

Global Car Sales (2023)

  • According to the International Organization of Motor Vehicle Manufacturers, around 27452301 commercial vehicles were sold globally in 2023 and the passenger car sales was 65272367 in the same time period.

Highlights of the Vehicle Access Control Market

  • North America dominated the vehicle access control market due to the growing demand for luxury vehicles along with rising emphasis on enhancing road safety.
  • Asia Pacific is expected to grow with the highest CAGR due to the rising investment in automotive sector for improving vehicle security and enhancing driver’s experience.
  • The non-biometrics segment held the largest share of the market due to the increasing demand for keyless entry, intrusion alarm, and stolen car assists in developing nations.
  • The toll ways segment led the market due to the rise in number of government initiatives to develop advanced toll systems in numerous parts of the globe.

Stats and Figures

  • According to the Ministry of Road Transport & Highways, there were around 112 toll plazas in India during 2022-23.
  • According to the IEA, around 1.7 million electric vehicles were sold in U.S. in 2024.
  • According to the Society of Indian Automobile Manufacturers, around 42.19 lakh passenger cars were sold in India during FY 2023-24.
  • According to the International Organization of Motor Vehicle Manufacturers, around 27452301 commercial vehicles were sold globally in 2023.

Industry Leader Announcement

In December 2024, Christine Caviglioli, the Vice President of Automotive branch at Thales announced that, “With the introduction of the NFC CARd Key, we provide automakers and drivers with a flexible, secure, and innovative approach to mobility. Our focus remains on meeting the highest standards of safety and convenience while empowering manufacturers with customizable, cutting-edge solutions.”

Competitive Landscape

Vehicle Access Control Market Companies

The vehicle access control market is a fragmented industry with the presence of numerous dominant players. Some of the prominent market players in this industry comprises of Continental AG, Robert Bosch GmbH, AVERY DENNISON CORPORATION, STMicroelectronics and some others. These market players are constantly engaged in developing advanced vehicle access control solutions and adopting numerous strategies to maintain their dominance in this industry.

Robert Bosch Automotive Electronics Segment Revenue in Million Euros (2022-23)

  • According to the annual report of Robert Bosch, the revenue of the automotive electronics segment was 75 million euros in 2022 that rose to 122 million euros in 2023.

Market Segmentations

By Technology

  • Biometric
  • Non-Biometric
  • RFID
  • Others

By Application

  • Tollways
  • Commercial Buildings
  • Residential Buildings
  • Others

By Regional

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
  • Latin America
    • Brazil
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE
  • Insight Code: 1491
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Last Updated: 30 January 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

About The Author

Dr. Arjun Patel is a distinguished expert in the automotive industry, holding advanced degrees in Automotive Engineering and Mechanical Engineering. His expertise spans automotive market dynamics, technological advancements, and sustainable practices. Dr. Patel excels in conducting in depth research and analysis on market trends, consumer preferences, and the economic implications within the automotive sector. He is renowned for his insightful publications on topics such as electric vehicles, autonomous driving technologies, and the evolution of sustainable transportation solutions. Dr. Patels research contributions have significantly advanced understanding in the field, earning him recognition as a leading authority in automotive research and analysis.

FAQ's

The vehicle access control market was valued at US$ 17.4 billion in 2024.

North America dominated this industry.

The rapid advancements in RFID technology coupled with numerous government initiatives to develop toll plazas in different parts of the globe.

Some of the prominent players of this industry consists of Continental AG, Robert Bosch GmbH, Valeo, NXP semiconductors and some others.

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