Vehicle Anti-Theft Market Overview:
According to MRFR analysis, the global Vehicle Anti-Theft
Market Size is expected to register a CAGR
of ~7.12% from 2022 to 2030 and hold a value of over USD 18.89 billion by 2030.
A device that stops unauthorized vehicle access is
a car anti-theft system. The advancement has led to the creation of anti-theft
techniques. Anti-theft equipment makes cars more secure and might result in
lower auto insurance rates.
Additionally, it incorporates sophisticated
security components including tracking for stolen vehicles, microprocessors
with digital signal processing, ultrasonic sensors, rechargeable batteries, and
a closed toolchain for setup and simulation.
Key Players
·
Continental AG
·
Robert Bosch GmbH
·
Tokai Rika, Ltd.
·
Lear Corporation
·
Johnson Electric
·
Delphi Automotive LLP
·
ZF-TRW
·
Mitsubishi Electric
Corporation
·
VOXX International
Corp.
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report of Vehicle Anti-Theft Market
Regional Analysis
The market is dominated by the Asia-Pacific
region. This is a result of the rapidly expanding urban population in the area,
which has led to a rise in car sales and burgeoning auto manufacturing year
after year. Future market dominance will remain in the Asia Pacific region.
Asia Pacific has the largest market share, followed by North America, then
Europe. The sector in North America is growing because of the local presence of
original equipment manufacturers (OEMs), including Ford Motor Company, General
Motors, and Fiat-Chrysler Automotive. This has boosted the vehicle anti-theft
market share together with a sizable customer base and high purchasing power
among end users.
Market
Segmentation
The Global Vehicle
Anti-Theft Market Share has been segmented into
Vehicle Type, Product Type, and Technology
Based on the Vehicle Type, the market has been
segmented into Passenger Vehicles, Commercial Vehicles, and Others.
Based on the Product Type, the market has been
segmented into Immobilizers, Alarms, Steering Lock, Central Locking Systems,
Biometric Capture Devices, and Remote Keyless Entry.
Based on the Technology, the market has been
segmented into Global Positioning System (GPS), Global System for Mobile
Communications (GSM), Real-Time Location System (RTLS), Face Detection System,
Remote Frequency Identification Device (RFID), Automotive Biometric Technology.
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