Report Code: A13931 | Pages: NA | ||
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Vehicle security systems, such as alarms, central locks, remote keyless entry, passive entry systems, and anti-theft systems, are intended to protect the vehicle against theft or hijack. The usage of automotive security systems across the globe has gradually increased over time. Almost all major automobile manufacturers now provide vehicle security systems either as a standard or as an optional feature on their vehicles. The vehicle security system not only ensures passenger safety but it also improves passenger comfort. There is an increase in the demand for high security, due to the rise in car thefts across the globe which drives the demand for efficient vehicle security systems.
COVID-19 Impact Analysis
Top Impacting Factors
Rise in incidents of vehicle theft, adoption of biometric technology in vehicle security, stringent security regulations, multi-factor authentication for vehicle safety, increase in the number of advanced security technologies drive the growth of the global vehicle security market.Â
High cost of premium security features and potential failure of electronic components used in vehicle security hinder the growth of the global vehicle security market.Â
Increase in demand for application-based technologies and rise of biometric technology provide lucrative opportunities for the global vehicle security market.
Market TrendsÂ
RFID (Radio Frequency Identification) Blocking Key SleevesÂ
Key Benefits of the Report:
Questions Answered in the Vehicle Security Market Research Report:
Vehicle Security Market Report Highlights
Aspects | Details |
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By Vehicle Type |
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By Product |
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By Technology |
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By Region |
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Key Market Players | Delphi, Robert Bosch, Continental AG, Lear Corporation, Alps Electric, Valeo, Hella Group, TRW Automotive, Mitsubishi Electric Corporation |
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