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Vehicle Anti-Theft System Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

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Elena Anderson
Vehicle Anti-Theft System Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

According to IMARC Group’s latest report, titled “Vehicle Anti-Theft System Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,”. The vehicle anti-theft systems market, however, is expected to recover from 2021 onwards and exhibit moderate growth during 2021-2025.

A vehicle anti-theft system is an integrated security device that inhibits any unauthorized access to the vehicle. It generally includes alarm, steering lock, central lock, remote keyless access, immobilizer, biometric capture device, etc. The system enhances vehicle security, prevent illegal activities, and provide real-time tracking of the automobile. As a result, the anti-theft system is widely installed in passenger cars, two-wheelers, commercial vehicles, and off-highway vehicles.

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Market Trends

The increasing number of safety regulations due to the growing incidences of vehicle theft is primarily augmenting the demand for vehicle anti-theft systems. Besides this, the expanding vehicle fleet and increasing consumer awareness towards numerous benefits of anti-theft devices are also catalyzing the product demand. Moreover, the emergence of advanced anti-theft devices integrated with Internet-of-Things (IoT) and near field communication (NFC) technologies is further driving the market growth. Additionally, the wide availability of innovative product variants with numerous high-tech features, such as face recognition, voice detection, biometric, and radio frequency identification systems, is also propelling the demand for vehicle anti-theft systems. Furthermore, the growing popularity of GPS-assisted anti-theft protection systems and novel sensor technology to reduce keyless car theft rates will continue to drive the market growth in the coming years.

Vehicle Anti-Theft System Market 2020-2025 Analysis and Segmentation:

 

Breakup by Vehicle Type:

  1. Passenger Vehicle
  2. Commercial Vehicle
  3. Others

Breakup by Product Type:

  1. Immobilizers
  2. Alarm
  3. Steering Lock
  4. Central Locking System
  5. Biometric Capture Device
  6. Remote Keyless Entry

Breakup by Technology:

  1. Global Positioning System (GPS)
  2. Global System for Mobile Communications (GSM)
  3. Real-Time Location System (RTLS)
  4. Face Detection System
  5. Remote Frequency Identification Device (RFID)
  6. Automotive Biometric Technology

Explore full report with table of contents: https://www.imarcgroup.com/vehicle-anti-theft-system-market

Breakup by Region:

  1. North America
  2. Europe
  3. Asia Pacific
  4. Latin America
  5. Middle East and Africa

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  1. Continental AG
  2. Delphi Technologies
  3. Denso Corporation
  4. HELLA GmbH & Co. KGaA
  5. Johnson Electric Holdings Limited
  6. Lear Corporation
  7. Mitsubishi Electric Corporation
  8. Omron Corporation
  9. Robert Bosch GmBH
  10. TOKAIRIKA CO. LTD.
  11. VOXX International Corporation
  12. U-Shin Ltd. (Minebea Mitsumi Inc.)
  13. ZF Friedrichshafen AG.

The report has segmented the market on the basis of vehicle type, product type, technology and region.

Browse Related Report:

https://www.imarcgroup.com/foldable-electric-vehicle-market

https://www.imarcgroup.com/autonomous-underwater-vehicle-market

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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