Since the beginning of the automotive industry, STRATTEC has been a leading supplier of vehicle locks and keys. Today we continue to uphold that long tradition, providing components for the majority of vehicles produced in North America. Our dominance in that market translates into a world market share of around 20%, making STRATTEC the largest producer of automotive locks and keys in the world.
STRATTEC is also a leading innovator. In recent years, more and more vehicle access systems have been moving from purely mechanical components to integrated electro-mechanical systems. We've been at the forefront of this new technology, working with OEM product development, engineering and purchasing groups to provide cost-effective, innovative solutions to the challenges facing our customers. New technologies and products - keys with integrated immobilizer and remote keyless entry systems, ignition housing locks powered electronically and keyless systems for remote access and remote start - demonstrate STRATTEC's commitment to providing leading-edge vehicle access systems to our customers.
Our customer-focused structure and formalized product development process helps us identify and meet customer needs in the shortest possible time. Using this streamlined development system, we shorten product lead times, tighten our response to market changes and provide our customers with a partner that has their strategic interests at heart. STRATTEC is also ISO/TS 16949 and ISO 14001 certified.
From concept and design, through implementation and into the aftermarket, STRATTEC delivers products that provide the optimum value solution to security and access control requirements.