Vehicle Security Systems Market 2018 – 2026 | Size, Share, Analysis and Forecast | Credence Research
May 7, 2019
Growth In Vehicle Security Systems Market Helped In Curbing The Cases Worldwide
SAN JOSE, United States - May 7, 2019 /MarketersMedia/ —
According to a new market research report published by Credence Research “Vehicle Security Systems Market (by Product Type: Alarm System, Immobilizers, Central Locking Systems and Others (Keyless Entry, Passive Entry, etc.); by Technology: GPS, Mobile Communication, Biometrics, and Real-time Location System; by Distribution Channel: OEM and Aftermarket; by Vehicle Type: Two-wheelers, Passenger Car, Commercial Vehicle, and Others (Earthmoving Vehicle, Adventure Sports Vehicles, etc.)) - Growth, Future Prospects, and Competitive Landscape, 2018-2026”, the vehicle security systems market estimated to grow with a CAGR of 6.7% during the forecast period from 2018 to 2026.
Market Insights
According to data from Interpol, more than 7 Mn cases for stolen vehicles were reported by the end of December 2017 across the globe. Total 126 countries helped Interpol to collect the data and the number is too high to ignore. However, the number is witnessing a gradual reduction thanks to improved vehicle security systems introduced by automotive manufacturers into their products. The number slide down from 7.41 Mn in 2015 to 7.19 and expected to go down even further in coming years.
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Besides auto-theft, several other crimes are also prevented that involves use of stolen cars and hence, vehicle security systems proved to be win-win situation for law enforcement and car owners. Almost every major automotive manufacturers are rolling out their product line with security systems encouraged by the demand by consumers. Growing demand passenger cars and especially in developing countries in Asia Pacific and proportional crime committed associated with them crowned the region as the leader in vehicle security systems market in 2017.
The region contemplated to reign supreme throughout the forecast period from 2018 to 2026. Other region including North America and Europe also contributed considerably in the overall market value. High adoption rate and rapidly evolving technology expected to propel the vehicle security systems market in coming years.
Market Segmentation
by Vehicle Type (2016–2026; US$ Bn):
Two-wheeler
Passenger Car
Commercial Vehicle
Others (Earthmoving Vehicle, Adventure Sports Vehicles, etc.)
Geography Segment (2016–2026; US$ Bn):
North America
Europe
Asia Pacific (APAC)
Rest of the World (RoW)
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Competitive Insights:
The overall vehicle security systems market is quite consolidated and characterized by limited number of international players. Thes players have a clear domination over the market and made extremely difficult for new entrant to participate into the market. However, these big players are also finding it difficult to maintain their market position in this highly competitive market. These players have extensive economic background and do not hesitate to invest in product research & development.
Long-term association with automotive manufacturers and diverse geographical presence are few of the major strategies followed religiously by these players. The report highlights business strategies and development of major vehicle security systems vendors including Hella KGaA Hueck & Co., Continental AG, Robert Bosch, Hella Group, Denso Corporation, Delphi Automotive PLC, Valeo S.A., Omron Corporation, Lear Corporation, TRW Automotive, Alps Electric, and Mitsubishi Electric Corporation among others.
Key questions answered in this report
What are the recent trends in global vehicle security systems market and possible prospective for automotive security systems providers?
How rise in demand for automotive and crimes associated with them created a postive environment for growth of global as well as regional automotive security systems market?
Which are the largest and fastest growing segment in product type, technology, distribution channel and vehicle type?
Which is the most attractive geographical region/country for overall vehicle security systems market?
How developing technology and biometrics systems play a crucial part in overall vehicle security systems market in coming years?
What is the market value, estimation, and tendencies in developing regions such as Asia Pacific, Middle East & Africa, and Latin America?
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Table of Content:
Chapter 1. Preface ........
Chapter 2. Executive Summary ........
Chapter 3 Market Dynamics ........
Chapter 4 Global Vehicle Security Systems Market Analysis, by Product Type
4.1 Overview
4.1.1 Global Vehicle Security Systems Market Value Share, by Product Type, 2017 & 2026 (Value, %)
4.1.2 Global Vehicle Security Systems Market Value, by Product Type, 2016 – 2026 (US$ Mn)
4.2 Alarm System
4.2.1 Global Alarm Vehicle Security Systems Market, 2016 – 2026 (US$ Mn)
4.3 Immobilizers
4.3.1 Global Immobilizers Vehicle Security Systems Market, 2016 – 2026 (US$ Mn)
4.4 Central Locking System
4.4.1 Global Central Locking Vehicle Security Systems Market, 2016 – 2026 (US$ Mn)
4.5 Others
4.5.1 Global Other Vehicle Security Systems Market, 2016 – 2026 (US$ Mn)
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Chapter 5 Global Vehicle Security Systems Market Analysis, by Technology
5.1 Overview
5.1.1 Global Vehicle Security Systems Market Value Share, by Technology, 2017 & 2026 (Value, %)
5.1.2 Global Vehicle Security Systems Market Value, by Technology, 2016 – 2026 (US$ Mn)
5.2 GPS
5.2.1 Global GPS Vehicle Security Systems Market, 2016 – 2026 (US$ Mn)
5.3 Mobile Communication
5.3.1 Global Mobile Communication Vehicle Security Systems Market, 2016 – 2026 (US$ Mn)
5.4 Biometrics
5.4.1 Global Biometrics Vehicle Security Systems Market, 2016 – 2026 (US$ Mn)
5.5 Real-time Location System
5.5.1 Global Real-time Location Vehicle Security Systems Market, 2016 – 2026 (US$ Mn)
Chapter 6 Global Vehicle Security Systems Market Analysis, by Distribution Channel
6.1 Overview
6.1.1 Global Vehicle Security Systems Market Value Share, by Technology, 2017 & 2026 (Value, %)
6.1.2 Global Vehicle Security Systems Market Value, by Technology, 2016 – 2026 (US$ Mn)
6.2 OEM
6.2.1 Global OEM Storage Vehicle Security Systems Market, 2016 – 2026 (US$ Mn)
6.3 Aftermarket
6.3.1 Global Aftermarket Vehicle Security Systems Market, 2016 – 2026 (US$ Mn) ........
Chapter 12 Company Profiles
12.1 Hella KGaA Hueck & Co.
12.2 Continental AG
12.3 Robert Bosch
12.4 Denso Corporation
12.5 Delphi Automotive PLC
12.6 Valeo S.A.
12.7 Omron Corporation
..................... toc continued
The complete Vehicle Security Systems Market report is available at https://www.credenceresearch.com/report/vehicle-security-systems-market
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