Most Lucrative Vehicle Anti-Theft Systems Market Size, Share and Forecast 2017-2022 and Projected To Register the Maximum CAGR through 2022

Adoption of cutting-edge technologies including pulse-echo & continuous wave algorithms, ultrasonic & inclination sensors, microprocessors equipped with digital signal processing, closed tool chain for simulation & configuration, and rechargeable batteries, are expected to enhance the efficiency and performance of vehicle anti-theft systems. FactMR’s report discusses key prospects for growth of Global Vehicle Anti-Theft System Market during the forecast period, 2017-2022, offering pragmatic insights to lead market players towards devising & implementing informed strategies.

The scope of the report is to analyze the global vehicle anti-theft system market for the period 2017-2022 and give readers an accurate, unbiased analysis. Existing manufacturers, suppliers, and stakeholders in the overall automotive market can benefit from the insights offered in this report. The comprehensive analysis offered in the report can also be of interest to leading automotive journals and trade magazines.

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From simple lock & key to sophisticated biometric identification systems, vehicle anti-theft systems have witnessed a slew of developments over the past few years. The underpinning devices and technologies, preventing unauthorized vehicle access, have undergone major transformations. Several factors such as threshold for theft, financial costs, and ease of use have rendered vehicle anti-theft systems with higher demand among vehicle owners. There has been a robust expansion in technological advancements in vehicle anti-theft security market, which is primarily driven by increasing focus of manufacturers to offer safety and convenience to vehicle passengers. In addition, OEMs are substantially expanding their technical centers, and increasing their production capacity, in a bid to cater increasing demand for vehicles worldwide. This in turn will fuel the adoption of vehicle anti-theft systems.

Recent developments in vehicle anti-theft systems have implied the integration of smartwatches and smartphones into vehicle systems, which will further be capable of being linked with several other features for enhancing the driving experience. For example – along with performing locking functions, this technology will provide information about distances, maps of areas nearby, and amount of fuel in vehicle. Expansion of biometric technology promises the development of anti-DUI enforcement, and anti-theft measures. These factors are further expected to augment growth of the global vehicle anti-theft system market.

Immobilizer Anti-Theft Systems to Remain Preferred in Vehicles

Based on product type, Immobilizer anti-theft systems will continue to be preferred in vehicles, and are expected to account for the largest revenues by 2022-end. Sales of central locking anti-theft systems are estimated to register the highest CAGR, to be the second largest adopted product in the global vehicle anti-theft system market by 2022-end. In addition, sales of biometric capture devices, and steering locks vehicle anti-theft systems are expected to exhibit similar CAGRs through 2022, however revenues from sales of steering locks will remain larger than biometric capture devices.

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In terms of revenues, face-detection technology is expected to remain dominant in the global vehicle anti-theft system market. However, sales of automotive biometric technology are estimated to register the fastest expansion through 2022. Real time location is expected to remain the second most lucrative technology adopted for vehicle anti-theft systems over the forecast period.

Asia Pacific Excluding Japan (APEJ) will remain the most lucrative region for sales of vehicle anti-theft systems, in terms of revenues. However sales of vehicle anti-theft systems in North America are expected to register the fastest expansion. However, in terms of revenues, Europe will remain comparatively more lucrative than North America in the global vehicle anti-theft system market.

Competition Tracking

Key players in the global vehicle anti-theft system market include Continental AG, Robert Bosch GmbH, Delphi Automotive Plc, Mitsubishi Electric Corporation, Lear Corporation, VOXX International Corporation, TOKAI RIKA, CO, LTD., ZF TRW Automotive Holdings Corporation, OMRON Corporation, Denso Corporation, and HELLA KGaA Hueck & Co.

Table of Contents

Chapter 1. Global Vehicle Anti-Theft System Market – Executive Summary. 26

Chapter 2. Global Vehicle Anti-Theft System Market Overview. 28

2.1. Introduction. 28

2.1.1. Global Vehicle Anti-Theft System Market Taxonomy. 28

2.1.2. Global Vehicle Anti-Theft System Market Definition. 28

2.2. Global Vehicle Anti-Theft System Market Size (US$ Mn) and Forecast, 2012-2022. 29

2.2.1. Global Vehicle Anti-Theft System Market Y-o-Y Growth. 29

2.3. Global Vehicle Anti-Theft System Market: Macroeconomic Factors. 29

2.3.1. Economic Outlook. 29

2.3.2. International Policy. 30

2.3.3. Profitability of Enterprises. 30

2.3.4. Increasing Purchasing Power of Middle Class. 30

2.3.5. Complex Eco System. 30

2.3.6. Supply chain Issues. 31

2.3.7. End-user Sentiment. 31

2.4. Global Vehicle Anti-Theft System Market Impact Factors. 31

2.4.1. The Influence of China. 31

2.4.2. Innovations in Technology. 31

2.4.3. Dilemma on Shift to New Technologies. 32

2.4.4. Disruption in Traditional Business Models. 32

2.4.5. Rising Component Costs in Developing Countries. 32

2.4.6. Shrinking Product Development Time. 32

2.4.7. Fluctuating Input costs. 33

2.4.8. Adoption of New Mobility Solutions. 33

2.4.9. Focus on Granular Insights – City-wise Analysis will Replace Region-wise Analysis. 33

2.4.10. Rising Complexity Influencing Greater Emphasis on Platformimg. 33

2.4.11. Increasing R&D expenditure. 34

2.4.12. Trends. 34

2.4.12.1. Focus on Granular Insights – City-wise Analysis will Replace Region-wise Analysis. 34

2.4.12.2. Rising Complexity Influencing Greater Emphasis on Platforming. 34

CONTINUED…………

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