Global Vehicle Anti-theft Systems Market, By Device (Steering Wheel Lock, Tire Lock, Kill Switch, Baby Monitor, Intelligent Computerized Anti-Theft, Electronic Tracking System, Two-way Car Alarm System, Hood Locks), By Vehicle Type (Commercial, Passenger Cars, Off-Highway), By System (Automotive Biometric Technology, Face Detection System, Global Positioning System, Real-Time Location System, Remote Frequency Identification Device), By Hardware (Jaw Or Gripper, Wi-Fi Dongle, Memory Card, Integrated Circuit, Resistor, Capacitor, Diodes, Voltage Regulators, Motors & Jumpers), By Technology (Java, Python, Android Development Tools), By Region (North America, Western Europe, Eastern Europe, Asia Pacific, Rest of the World) – Market Size & Forecasting (2016-2028)

The Vehicle Anti-theft Systems Market growth is expected to gain high momentum during the forecast period due to technological advancements such as Radio frequency identification, tracking systems, passive immobilizers.

A vehicle’s security is of paramount importance. Systems designed for this purpose ensure the security of the vehicle. It mainly uses two resources, firstly, an Android App and secondly, a device, which will be installed in the vehicle. A vehicle anti-theft system is a technology used to prevent unauthorized access of vehicle.

Vehicle Anti-Theft market is application driven, and systems are gaining popularity over the end client and advances like, for example, GPS, RTLS, and Automotive Biometric Technology which is alluded as one of the real driving components for the market. The Asia Pacific is evaluated to represent the biggest offer, as far as esteem, of the Vehicle Anti-Theft System Market. This can be primarily due to the rising vehicle creation and the expanding establishment of security includes in traveler autos, business vehicles.

The rising number of crime rates in relation to vehicles, constantly developing vehicle anti-theft technologies, the introduction of GPS in the anti-theft systems, increasing awareness regarding the benefits of anti-theft systems are a few factors bolstering the growth of the market.

Key Factors Impacting Market Growth:

  • Flourishing automotive sector
  • Discounts offered by insurance companies to cars fitted with anti-theft devices
  • Technological advancements such as Radio frequency identification, tracking systems, passive immobilizers

Regional Analysis:

By region, North America, Western Europe, and Asia Pacific are estimated to dominate the vehicle anti-theft system market in terms of market demand. North America and Western Europe have been traditional markets for the automotive sector with a number of global manufacturers headquartered in this region. The automotive sector in these regions has been dynamic in terms of technological developments and product modifications. The demand for lightweight materials, cleaner emissions, and green fuels have been some of the key influencing factors in this region. Also, the market has witnessed steady recovery from recent slowdowns in the past decades. Some of these factors are expected to impact the dynamics of the vehicle anti-theft system market in North America and Western Europe during the forecast period. The US, Germany, France, Italy, UK, and Spain have been some of the major economies for the vehicle anti-theft system market in the region.

The Asia Pacific is estimated to be the fastest-growing region for the vehicle anti-theft system market during the forecast period. This region has been one of the lucrative markets for the automotive sector in the past few decades with strategic investments by global companies in the region. China, Japan, India, and South Korea have been some of the major countries for the vehicle anti-theft system market in the Asia Pacific region. The Middle East promises a strong market potential with the growth of the automotive sector in the region. Countries including UAE, Saudi Arabia, Qatar, and Iran have been diversifying the industrial sector to boost the economy in the past few decades. Other regions including Eastern Europe, South America, and Africa are estimated to emerging markets with growing demand during the forecast period.

Companies Covered: SA, Tobii Technology, Xilinx, Seeing MACHINE, Valeo, Continental AG, VOXX International Cor, Ficosa International, Aisin Seiki Corporation Limited, Denso Corporation, Visteon Corporation, Harman International Industries Inc., Takata Corporation, Caterpillar Inc., Robert Bosch GmbH, Edge3, and Aptiv…

Key Developments:

  • In December 2017 Continental AG along with Avis Budget Group introduced a new feature that has keyless entry as well as ignition

Market Segmentation:

By Device:

  • Steering Wheel Lock
  • Tire Lock
  • Kill Switch
  • Baby Monitor
  • Intelligent Computerized Anti-Theft
  • Electronic Tracking System
  • Two-way Car Alarm System
  • Hood Locks

By Vehicle Type:

  • Commercial
  • Passenger Cars
  • Off-Highway

By System:

  • Automotive Biometric Technology
  • Face Detection System
  • Global Positioning System
  • Real-Time Location System
  • Remote Frequency Identification Device

By Hardware:

  • Jaw or Gripper
  • Wi-Fi Dongle
  • Memory Card
  • Integrated Circuit
  • Resistor
  • Capacitor
  • Diodes
  • Voltage Regulators
  • Motors & Jumpers

By Technology:

  • Java
  • Python
  • Android Development Tools

By Region:

  • North America
    • By Country (US, Canada, Mexico, Rest of North America)
    • By Device
    • By Vehicle Type
    • By System
    • By Hardware
    • By Technology
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Device
    • By Vehicle Type
    • By System
    • By Hardware
    • By Technology
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Device
    • By Vehicle Type
    • By System
    • By Hardware
    • By Technology
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Device
    • By Vehicle Type
    • By System
    • By Hardware
    • By Technology
  • Rest of the World
    • By Region (South America, Middle East, Africa)
    • By Device
    • By Vehicle Type
    • By System
    • By Hardware
    • By Technology

Reasons To Buy This Report:

  • Market size estimation of the vehicle anti-theft systems market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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