0
Allied Market Research
2023
Vehicle Security Market

Vehicle Security Market

Size, Share, Competitive Landscape and Trend Analysis Report by Vehicle Type (Passenger Car, Light Duty Vehicle, Medium Heavy-Duty Vehicle), by Product (Alarm, Immobilizers, Remote Keyless Entry (RKE), Passive Keyless Entry (PKE), Central Locking System) and by Technology (Position System, Mobile Communication System, Face Detection System, Real Time Location System): Global Opportunity Analysis and Industry Forecast, 2023-2032

Report Code: A13931
Pages: NA
Tables: NA
Charts: NA
  • Formats*:

  • pdf

    Single User License, Five User
    License & Enterprise User License

  • xls

    Data Pack Excel License

  • ppt

    It comes with the additional cost
    of $2500.00 contact sales.

 

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

  • The COVID-19 outbreak has widely disrupted the automotive industry. It has resulted in shut down of manufacturing facilities and a drop in the sales volume. Furthermore, the demand for both commercial and passenger vehicles is expected to drop in 2020. This decline, as expected, will adversely affect the vehicle security market, as vehicle production is directly proportional to the demand for vehicle security market. The budget allocation for R&D is likely to be reduced, which will hamper the innovation of automotive headrest. Companies, however are taking precautionary measures to tackle the adverse effects of the outbreak.

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. 
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. 
Increase in demand for application-based technologies and rise of biometric technology provide lucrative opportunities for the global vehicle security market.

Market Trends 

RFID (Radio Frequency Identification) Blocking Key Sleeves 

  • Thieves are getting sophisticated with their techniques therefore automotive smart security device manufacturers are continuously introducing and improving the finest smart car safety equipment. RFID-Blocking Key Sleeves are one such advanced technological improvement that drive the auto protection market. In this technology, besides the seat of the driver, the vehicle will be equipped with an RFID reader. To pass the security check, the driver must hold the RFID tag on the RFID reader once inside the car. If the RFID tag matches, only then the vehicle ignition will be started, otherwise the alert signal will be sent to the owner, along with the location, using GPS for location identification and the GSM for message transmission. Furthermore, the vehicle will emit emergency sounds as well as the alert tone. The RFID industry now claims that the theft rate of car models equipped with RFID entry systems has been decreased by 90%. The devices are trusted by both automakers and insurance companies. Furthermore, the development of such products is anticipated to result in the revolutionary improvements in vehicle safety systems and drive the growth of the global vehicle security market during the forecast period.

Key Benefits of the Report:

  • This study presents the analytical depiction of the vehicle security industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with challenges of vehicle security market.
  • The current market is quantitatively analyzed to highlight the growth scenario of the vehicle security market.
  • The report provides a detailed vehicle security market analysis based on competitive intensity and the competition that will take shape in coming years.

Questions Answered in the Vehicle Security Market Research Report:

  • Who are the leading market players active in the vehicle security market?
  • What would be the detailed impact of COVID-19 on the market?
  • What are the current trends that would influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the vehicle security market?

Vehicle Security Market Report Highlights

Aspects Details
By Vehicle Type
  • Passenger Car
  • Light Duty Vehicle
  • Medium & Heavy-Duty Vehicle
By Product
  • Alarm
  • Immobilizers
  • Remote Keyless Entry (RKE)
  • Passive Keyless Entry (PKE)
  • Central Locking System
By Technology
  • Position System
  • Mobile Communication System
  • Face Detection System
  • Real Time Location System
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players Delphi, Robert Bosch, Continental AG, Lear Corporation, Alps Electric, Valeo, Hella Group, TRW Automotive, Mitsubishi Electric Corporation
 

Loading Table Of Content...


 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.

Purchase Options

Call or Email Us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : +44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Enquiry Now
Related Tags

Purchase Full Report of
Vehicle Security Market

Start reading.
This Report and over 71,223+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,690  $3,321
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
  • Data Pack
  • $3,930  $3,537
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Single User
  • $5,820  $4,947
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Five Users
  • $6,540  $5,559
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Enterprise
    License/PDF

  • $9,870  $7,896
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Library
    Membership

  • $999 $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

Related Reports
*Terms and Conditions Apply
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time for readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers