Market Overview:
The global vehicle anti-theft system market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidences of vehicle theft and the subsequent need for anti-theft systems. Additionally, the increasing demand for luxury and premium vehicles is also propelling the growth of this market. The alarm segment is expected to hold the largest share of the global vehicle anti-theft system market in 2018. This segment is projected to grow at a CAGR of 7% during the forecast period from 2018 to 2030. The immobilizer segment is projected to grow at a CAGR of 5% during this period, while steering lock, passive keyless entry, central locking system and biometric capture device segments are projected to grow at a CAGR exceeding 7%.
Product Definition:
A vehicle anti-theft system is a system that is designed to deter or prevent the theft of a motor vehicle. Vehicle anti-theft systems can include features such as an alarm, immobilizer, or GPS tracker. The purpose of a vehicle anti-theft system is to protect the investment that motorists make in their vehicles and to help reduce car theft rates.
Alarm:
Alarm is a signal that indicates the occurrence of some event or the approach of some time limit. It serves as an alert to take preventive measures before it becomes too late. The automotive anti-theft system market has been witnessing growth over the past few years and this trend is expected to continue over the forecast period owing to increase in vehicle thefts across various regions.
Immobilizer:
Immobilizer is a security device used in the anti-theft system of vehicles. It prevents the vehicle from being started if it is removed from the charging station. The term “Immobilizer” was trademarked by Denso Corporation, but there are several other companies manufacturing and selling similar products under different brand names. Some of these brands are Calibra, Ctek Auto Parts, Electralloy and KST Mobility Solutions among others.
Application Insights:
The passenger car segment led the global vehicle anti-theft system market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing consumer preference for vehicles with higher safety features, such as engine immobilizers and theft-deterrent systems, which are increasingly being installed in new passenger cars across the globe.
Passenger cars make up more than 60% of overall automotive sales globally; this factor is expected to drive demand for VATS during the forecast period. Furthermore, stringent government regulations on road safety coupled with rising awareness about vehicular security are anticipated to further fuel industry growth over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing cases of vehicle theft and rising adoption of anti-theft systems in emerging economies, such as India and China. In addition, increasing demand for luxury vehicles in these countries is further anticipated to drive the market growth. For instance, according to OICA, Asia Pacific passenger car sales increased by 3% from 2015 to 2016 while commercial vehicle sales witnessed a robust increase of 4% during the same period.
North America accounted for more than 25% share in 2017 owing to high demand from U.S., where automotive industry has been witnessing steady growth since past few years due t oeconomic recovery and technological advancements coupled with stringent regulations regarding safety features installed in new vehicles (passenger cars & commercial vehicles).
Growth Factors:
- Increasing demand for vehicles: The global vehicle population is increasing at a rapid pace. This is expected to result in an increase in the demand for anti-theft systems, as they provide security against theft and vandalism.
- Growing awareness about the benefits of anti-theft systems: There is a growing awareness among consumers about the benefits of installing anti-theft systems in their vehicles. This is likely to boost the growth of the market in the coming years.
- Technological advancements: The development of new and innovative technologies has led to the introduction of advanced vehicle anti-theft systems, which are more effective than traditional ones. This is likely to fuel market growth over the forecast period.
- Rising crime rates: The incidence of vehicular theft has been on a rise across different regions due to increased crime rates and lack of security measures adopted by drivers/ownerships worldwide .This will create opportunities for players operating in this market as it will lead to an increase in demand for their products/services .
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Anti-Theft System Market Research Report
By Type
Alarm, Immobilizer, Steering Lock, Passive Keyless Entry, Central Locking System, Biometric Capture Device
By Application
Passenger Car, Commercial Vehicle, Off-Highway Vehicle (Construction Vehicles)
By Companies
Continental, Delphi Automotive, ZF TRW Automotive, Robert Bosch, Mitsubishi Electric, Voxx, Tokai Rika, Johnson, U-Shin, Continental
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
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Anti-Theft System Market Report Segments:
The global Vehicle Anti-Theft System market is segmented on the basis of:
Types
Alarm, Immobilizer, Steering Lock, Passive Keyless Entry, Central Locking System, Biometric Capture Device
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
Passenger Car, Commercial Vehicle, Off-Highway Vehicle (Construction Vehicles)
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:
- Continental
- Delphi Automotive
- ZF TRW Automotive
- Robert Bosch
- Mitsubishi Electric
- Voxx
- Tokai Rika
- Johnson
- U-Shin
- Continental
Highlights of The Vehicle Anti-Theft 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:
- Alarm
- Immobilizer
- Steering Lock
- Passive Keyless Entry
- Central Locking System
- Biometric Capture Device
- By Application:
- Passenger Car
- Commercial Vehicle
- Off-Highway Vehicle (Construction Vehicles)
- 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 Vehicle Anti-Theft 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.
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- Correctly Positioning New Products
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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 vehicle anti-theft system is a security feature that helps protect your car from being stolen. It uses various sensors to detect if the car has been tampered with, and if it has, the system will activate alarms and prevent the car from starting.
Some of the major players in the vehicle anti-theft system market are Continental, Delphi Automotive, ZF TRW Automotive, Robert Bosch, Mitsubishi Electric, Voxx, Tokai Rika, Johnson, U-Shin, Continental.
The vehicle anti-theft system market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vehicle Anti-Theft 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 Vehicle Anti-Theft System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vehicle Anti-Theft 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 Vehicle Anti-Theft 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 Vehicle Anti-Theft System Market Size & Forecast, 2020-2028
4.5.1 Vehicle Anti-Theft System Market Size and Y-o-Y Growth
4.5.2 Vehicle Anti-Theft 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 Alarm
5.2.2 Immobilizer
5.2.3 Steering Lock
5.2.4 Passive Keyless Entry
5.2.5 Central Locking System
5.2.6 Biometric Capture Device
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 Passenger Car
6.2.2 Commercial Vehicle
6.2.3 Off-Highway Vehicle (Construction Vehicles)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vehicle Anti-Theft 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 Vehicle Anti-Theft 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 Alarm
9.6.2 Immobilizer
9.6.3 Steering Lock
9.6.4 Passive Keyless Entry
9.6.5 Central Locking System
9.6.6 Biometric Capture Device
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 Passenger Car
9.10.2 Commercial Vehicle
9.10.3 Off-Highway Vehicle (Construction Vehicles)
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 Alarm
10.6.2 Immobilizer
10.6.3 Steering Lock
10.6.4 Passive Keyless Entry
10.6.5 Central Locking System
10.6.6 Biometric Capture Device
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 Passenger Car
10.10.2 Commercial Vehicle
10.10.3 Off-Highway Vehicle (Construction Vehicles)
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 Alarm
11.6.2 Immobilizer
11.6.3 Steering Lock
11.6.4 Passive Keyless Entry
11.6.5 Central Locking System
11.6.6 Biometric Capture Device
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 Passenger Car
11.10.2 Commercial Vehicle
11.10.3 Off-Highway Vehicle (Construction Vehicles)
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 Alarm
12.6.2 Immobilizer
12.6.3 Steering Lock
12.6.4 Passive Keyless Entry
12.6.5 Central Locking System
12.6.6 Biometric Capture Device
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 Passenger Car
12.10.2 Commercial Vehicle
12.10.3 Off-Highway Vehicle (Construction Vehicles)
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 Alarm
13.6.2 Immobilizer
13.6.3 Steering Lock
13.6.4 Passive Keyless Entry
13.6.5 Central Locking System
13.6.6 Biometric Capture Device
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 Passenger Car
13.10.2 Commercial Vehicle
13.10.3 Off-Highway Vehicle (Construction Vehicles)
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 Vehicle Anti-Theft System Market: Competitive Dashboard
14.2 Global Vehicle Anti-Theft System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Continental
14.3.2 Delphi Automotive
14.3.3 ZF TRW Automotive
14.3.4 Robert Bosch
14.3.5 Mitsubishi Electric
14.3.6 Voxx
14.3.7 Tokai Rika
14.3.8 Johnson
14.3.9 U-Shin
14.3.10 Continental
