Vehicle Anti-Theft System Market Global Market is segmented by product (Immobilizer, Steering lock, Central locking, alarm), by technology (GPS, GSM, RTLS, Face detection system, automotive biometric technology) by vehicle type (Passenger car, Commercial vehicle).
Vehicle Anti-Theft System Market Global Key Companies Analyzed In Report Are:
Continental AG, Robert Bosch GmbH, Tokai Rika, Ltd., Lear Corporation, Johnson Electric, Delphi Automotive LLP, ZF-TRW, Mitsubishi Electric Corporation, and VOXX International Corp.
Get Sample Copy Of “Global Vehicle Anti-Theft System Market Research Report – Forecast to 2023” at: https://www.marketresearchfuture.com/sample_request/2036
Market Research Future (MRFR)’s latest study reveals that the global vehicle anti-theft market is set to exhibit a substantial growth at a moderate pace over the forecast period 2016 to 2023. The technological advancements adopted by the vehicle anti-theft industry leaders is expected to catapult the market on an upward trajectory for the next few years.
The boom witnessed in the automotive sector has a direct and a positive influence on the growth of the vehicle anti-theft market. The increasing demand for automobiles equipped with vehicle anti-theft technologies is projected to fuel demand for vehicle anti-theft security solutions through the assessment period.
The shift witnessed towards electric cars has opened avenues of growth and innovation in the vehicle anti-theft market. This, in turn, has been anticipated to guide the growth trajectory of the global market. Furthermore, the initiatives undertaken by the governments for ensuring vehicle safety have helped to augment the market for vehicle anti-theft solutions. Vehicle anti-theft devices also help in reducing the rates of vehicle insurances. These are likely to continue influencing the market proliferation positively in the foreseeable future.
Some of the factors that are likely to favor the vehicle anti-theft market expansion over the projection period include increasing awareness about vehicle anti-theft products, increasing incidences of vehicle theft, technological developments of products, etc. Nevertheless, high production cost remains an impediment to the market growth.
Vehicle Anti-Theft System Market Segmentation:
By product, vehicle anti-theft market has been segmented into immobilizer, steering lock, central locking, and alarm.
By technology, the global vehicle anti-theft market is segmented into GPS, GSM, RTLS, face detection system, and automotive biometric technology.
By vehicle type, the vehicle anti-theft market has been segmented into Passenger car, Commercial vehicle, and others.
Vehicle Anti-Theft System Market Regional Analysis:
By region, the global vehicle anti-theft market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific holds the pole position currently and is expected to retain its dominance in the foreseeable future. The growth is attributable to the flourishing automotive sector. Increased production of vehicles in Asia Pacific coupled with rising consumption is the key factor driving the growth of the regional market.
North America is poised to exhibit significant growth through the review period owing to high purchasing power, technological advancements, and presence of key players. Europe is an important growth pocket and is prognosticated to remain a highly lucrative market for vehicle anti-theft solutions during the forecast period.
Vehicle Anti-Theft System Market Competitive Dashboard:
Some of the key players profiled in the report are Continental AG, Tokai Rika, Ltd., Lear Corporation, Johnson Electric, Robert Bosch GmbH, Delphi Automotive LLP, Mitsubishi Electric Corporation, ZF-TRW, and VOXX International Corp.
Vehicle Anti-Theft System Market News:
In July 2018, the Police Department in Bakersfield, California, receive a grant for purchasing 255 vehicle anti-theft that will be made available to the public for free.
In September 2018, Japanese carmaker Toyota’s luxury vehicle arm, Lexus, launched the seventh generation ES 300h hybrid electric car. The car is equipped with an advanced vehicle anti-theft system.
Major Table of Content:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
Browse more details on this report at: https://www.marketresearchfuture.com/reports/vehicle-anti-theft-market-2036
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar