Market Overview:
The global vehicle security systems market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for passenger cars and commercial vehicles, and the rising concerns over vehicle theft and safety. The alarm segment is expected to hold the largest share of the global vehicle security systems market in 2018, followed by immobilizer, remote keyless entry, passive keyless entry, and central locking system segments. The alarm segment is projected to grow at a CAGR of 8% during the forecast period from 2018 to 2030. This growth can be attributed to its growing popularity among consumers owing to its ability to provide protection against theft attempts as well as accidents or collisions.
Product Definition:
Vehicle security systems are systems used to protect vehicles from theft or damage. They can include features such as alarms, immobilizers, and tracking devices. Vehicle security systems are important because they can help protect vehicles from theft or damage and can help track down stolen vehicles.
Alarm:
The global alarm system market is expected to witness significant growth over the forecast period. The demand for these systems is increasing owing to the growing crime rate and terrorist attacks across the world. In addition, rapid technological advancements in automotive security are also expected to drive market growth over the next few years.
An alarm system monitors external conditions.
Immobilizer:
Immobilizer is a security device used in vehicles to prevent the engine from turning over if the vehicle is moved without first being unlocked. The system works by detecting an electromagnetic field generated by a nearby radio frequency identification (RFID) tag embedded in the key fob or near car antenna.
The RFID tag contains information that allows the immobilizer to know whether or not this is indeed a valid vehicle,.
Application Insights:
The commercial vehicles segment held the largest share of over 60.0% in 2017. The growth can be attributed to the rising demand for trucks and buses from various industries across the globe. Increasing number of terrorist attacks in public places has led to a rise in security systems adoption among bus owners or operators, thereby boosting vehicle security system sales across this application segment.
Passenger car drivers are increasingly concerned about safety and comfort while driving their cars, especially at night time or remote locations where assistance may not be available within reasonable time due to geographical constraints such as remoteness or hilly terrain.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to stringent regulations regarding vehicle security systems and increasing instances of carjacking across various regions. Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising concerns about vehicle theft and robbery as well as growing demand for high-quality vehicles with enhanced safety features in this region. Moreover, improving economic conditions are likely to contribute toward higher sales of premium cars, thereby driving product demand over the forecast period. Europe accounted for a significant share of revenue in 2017 due to growing emphasis on vehicular safety coupled with government initiatives such as those undertaken by Germany that mandate installation of specific automotive security systems in all new vehicles sold there from 2018 onward (as per an order issued by BGSK).
Growth Factors:
- Increasing demand for vehicle security systems from the commercial sector as a result of rising crime rates.
- The increasing number of luxury cars and SUVs being sold, which are more prone to theft.
- The growing popularity of aftermarket security systems that can be installed in any car model.
- The increasing use of GPS-based tracking systems for stolen vehicles recovery purposes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Security Systems Market Research Report
By Type
Alarm, Immobilizer, Remote Keyless Entry, Passive Keyless Entry, Central Locking System
By Application
Passenger Car, Commercial Vehicles
By Companies
Continental AG (DE), Delphi Automotive (US), Denso Corporation (JP), Hella Kgaa Hueck & Co. (DE), Lear Corporation (US), Mitsubishi Electric Corporation (JP), Robert Bosch GmbH (DE), Tokai Rika Co., Ltd. (JP), Valeo SA (FR), ZF TRW Automotive Holdings Corporation (US), Continental AG (DE)
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
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Security Systems Market Report Segments:
The global Vehicle Security Systems market is segmented on the basis of:
Types
Alarm, Immobilizer, Remote Keyless Entry, Passive Keyless Entry, Central Locking System
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 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 AG (DE)
- Delphi Automotive (US)
- Denso Corporation (JP)
- Hella Kgaa Hueck & Co. (DE)
- Lear Corporation (US)
- Mitsubishi Electric Corporation (JP)
- Robert Bosch GmbH (DE)
- Tokai Rika Co., Ltd. (JP)
- Valeo SA (FR)
- ZF TRW Automotive Holdings Corporation (US)
- Continental AG (DE)
Highlights of The Vehicle Security Systems 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
- Remote Keyless Entry
- Passive Keyless Entry
- Central Locking System
- By Application:
- Passenger Car
- Commercial 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 Security Systems 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
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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?
Vehicle security systems are a type of electronic security system that is installed in vehicles. Vehicle security systems can include features such as intrusion detection, alarm notification, and tracking. Vehicle security systems can help protect vehicles from theft or vandalism.
Some of the major companies in the vehicle security systems market are Continental AG (DE), Delphi Automotive (US), Denso Corporation (JP), Hella Kgaa Hueck & Co. (DE), Lear Corporation (US), Mitsubishi Electric Corporation (JP), Robert Bosch GmbH (DE), Tokai Rika Co., Ltd. (JP), Valeo SA (FR), ZF TRW Automotive Holdings Corporation (US), Continental AG (DE).
The vehicle security systems market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vehicle Security Systems 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 Security Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vehicle Security Systems 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 Security Systems 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 Security Systems Market Size & Forecast, 2020-2028
4.5.1 Vehicle Security Systems Market Size and Y-o-Y Growth
4.5.2 Vehicle Security Systems 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 Remote Keyless Entry
5.2.4 Passive Keyless Entry
5.2.5 Central Locking System
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 Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vehicle Security Systems 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 Security Systems 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 Remote Keyless Entry
9.6.4 Passive Keyless Entry
9.6.5 Central Locking System
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 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 Remote Keyless Entry
10.6.4 Passive Keyless Entry
10.6.5 Central Locking System
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 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 Remote Keyless Entry
11.6.4 Passive Keyless Entry
11.6.5 Central Locking System
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 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 Remote Keyless Entry
12.6.4 Passive Keyless Entry
12.6.5 Central Locking System
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 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 Remote Keyless Entry
13.6.4 Passive Keyless Entry
13.6.5 Central Locking System
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 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 Security Systems Market: Competitive Dashboard
14.2 Global Vehicle Security Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Continental AG (DE)
14.3.2 Delphi Automotive (US)
14.3.3 Denso Corporation (JP)
14.3.4 Hella Kgaa Hueck & Co. (DE)
14.3.5 Lear Corporation (US)
14.3.6 Mitsubishi Electric Corporation (JP)
14.3.7 Robert Bosch GmbH (DE)
14.3.8 Tokai Rika Co., Ltd. (JP)
14.3.9 Valeo SA (FR)
14.3.10 ZF TRW Automotive Holdings Corporation (US)
14.3.11 Continental AG (DE)
