Market Overview:
The global car security system market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for advanced car security systems in developed and developing countries. The immobilizer system segment is expected to hold the largest share of the global car security system market during the forecast period, owing to its high adoption rate in premium cars. However, the alarm system segment is projected to grow at a higher CAGR than other segments during the forecast period, as it offers better protection against theft and vandalism. In terms of application, economic cars are expected to account for a larger share of the global car security system market than mid-range and premium cars duringthe forecast period.
Product Definition:
A car security system is a type of alarm system that is installed in a car to deter theft and vandalism. Car security systems typically include an alarm, motion detectors, and/or glass break sensors. The alarm will sound when someone attempts to steal or vandalize the car. The motion detectors will detect movement around the car, and the glass break sensors will detect breaking of the windows. Car security systems are important because they can help protect cars from theft and vandalism.
Immobilizer system:
Immobilizer system is a security feature in vehicles that prevents the engine from starting if the vehicle is moved or attempts are made to tamper with it. The immobilizer systems uses an electrical connection between the battery and a sensor inside the ignition switch. If this connection is broken, then the car cannot be started even by using all of your efforts.
Remote Central Locking System:
The global remote central locking system and it's usage in the car security system market size was valued at USD 6,100.0 thousand in 2015. The increasing demand for vehicle theft has led to an increase in the installation of these systems across all segments of automotive industry globally.
Increasing number of vehicles with key-less entry & start systems are expected to drive the demand over the forecast period.
Application Insights:
The premium cars segment is expected to witness the fastest growth over the forecast period. The high demand for premium cars in countries, such as India and China, on account of rising income levels among consumers is expected to be a key factor driving the global car security system market. In addition, governments across various regions are encouraging people to buy luxury vehicles as part of economic initiatives for promoting tourism. This will further increase product demand during the forecast period.
The mid-range and economy car segments are projected to witness significant growth over the next six years owing to increasing consumer disposable income levels coupled with growing economies like Brazil, Russia and South Africa that have a large number of low cost compact cars being sold on a regular basis throughout this period which can be equipped with basic safety features such as immobilizers or alarm systems at an economical price tag making them affordable by most customers globally thereby boosting industry expansion trends significantly over this span of time.
Regional Analysis:
North America dominated the global car security system market in 2017. This can be attributed to stringent regulations imposed on OEMs by regulatory bodies, such as National Highway Traffic Safety Administration (NHTSA), Department of Transportation (DOT). The increasing number of vehicle theft cases in North America has led to the adoption of these systems for vehicular protection. According to a study conducted by the Texas A&M University, approximately 1.5 million vehicles are stolen every year from the U.S.
Growth Factors:
- Increasing demand for car security systems from the automotive sector as a result of increasing instances of vehicle theft and vandalism.
- Growing awareness about the benefits of using car security systems, which is encouraging more consumers to invest in such systems.
- The increasing installation of car security systems in rental cars and fleet vehicles as a result of rising concerns over safety and security issues.
- The growing demand for advanced features in car security systems, such as remote start, keyless entry, and GPS tracking capabilities, which is fueling market growth.
- The increasing number of partnerships between automakers and suppliers to develop new car security system technologies that offer enhanced protection against theft and vandalism
Scope Of The Report
Report Attributes
Report Details
Report Title
Car Security System Market Research Report
By Type
Immobilizer system, Remote Central Locking System, Alarm System, Other Systems
By Application
Economic Cars, Mid-Range Cars, Premium Cars
By Companies
Valeo, Continental, Delphi Automotive, Hella KGaA Hueck, Tokai Rika, Mitsubishi, Denso, Bosch, Lear, Omron
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Car Security System Market Report Segments:
The global Car Security System market is segmented on the basis of:
Types
Immobilizer system, Remote Central Locking System, Alarm System, Other Systems
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Economic Cars, Mid-Range Cars, Premium Cars
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Valeo
- Continental
- Delphi Automotive
- Hella KGaA Hueck
- Tokai Rika
- Mitsubishi
- Denso
- Bosch
- Lear
- Omron
Highlights of The Car Security System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Immobilizer system
- Remote Central Locking System
- Alarm System
- Other Systems
- By Application:
- Economic Cars
- Mid-Range Cars
- Premium Cars
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Car Security System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A car security system is a device or service that helps protect your vehicle from theft. Some common features of car security systems include alarm systems, immobilizers, and tracking devices.
Some of the major players in the car security system market are Valeo, Continental, Delphi Automotive, Hella KGaA Hueck, Tokai Rika, Mitsubishi, Denso, Bosch, Lear, Omron.
The car security system market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Car Security System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Car Security System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Car Security System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Car Security System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Car Security System Market Size & Forecast, 2020-2028
4.5.1 Car Security System Market Size and Y-o-Y Growth
4.5.2 Car Security System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Immobilizer system
5.2.2 Remote Central Locking System
5.2.3 Alarm System
5.2.4 Other Systems
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Economic Cars
6.2.2 Mid-Range Cars
6.2.3 Premium Cars
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Car Security System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Car Security System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Immobilizer system
9.6.2 Remote Central Locking System
9.6.3 Alarm System
9.6.4 Other Systems
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Economic Cars
9.10.2 Mid-Range Cars
9.10.3 Premium Cars
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Immobilizer system
10.6.2 Remote Central Locking System
10.6.3 Alarm System
10.6.4 Other Systems
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Economic Cars
10.10.2 Mid-Range Cars
10.10.3 Premium Cars
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Immobilizer system
11.6.2 Remote Central Locking System
11.6.3 Alarm System
11.6.4 Other Systems
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Economic Cars
11.10.2 Mid-Range Cars
11.10.3 Premium Cars
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Immobilizer system
12.6.2 Remote Central Locking System
12.6.3 Alarm System
12.6.4 Other Systems
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Economic Cars
12.10.2 Mid-Range Cars
12.10.3 Premium Cars
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Immobilizer system
13.6.2 Remote Central Locking System
13.6.3 Alarm System
13.6.4 Other Systems
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Economic Cars
13.10.2 Mid-Range Cars
13.10.3 Premium Cars
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Car Security System Market: Competitive Dashboard
14.2 Global Car Security System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Valeo
14.3.2 Continental
14.3.3 Delphi Automotive
14.3.4 Hella KGaA Hueck
14.3.5 Tokai Rika
14.3.6 Mitsubishi
14.3.7 Denso
14.3.8 Bosch
14.3.9 Lear
14.3.10 Omron
