August 22, 2019 by Steve Blade
Vehicle anti-theft systems are devices installed on vehicles or associated premises to prevent unauthorized approach to vehicles and incidences of theft. While traditional vehicle anti-theft system included simple lock & key, implementation of advanced technologies such as face detection, GPS, GSM, biometric, and others have introduced a variety of vehicle anti-theft system in the market such as alarm, steering lock, immobilizer, central locking, passive keyless entry and biometric capture devices.
Fact.MR has compiled a market research analysis of the vehicle anti-theft system market in the report titled “Vehicle Anti-theft System Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022”. A comprehensive analysis backed by historical data and current market scenario has formed the basis of the derived forecast of the vehicle anti-theft system market during the period 2017 – 2022. The report starts with a short yet informative executive summary of vehicle anti-theft system market that equips the readers with pioneering insights on the market roadmap. It sheds light on the leading segments of vehicle anti-theft system market and their growth statistics for clear understanding.
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Several agencies suggest use of GPS telematics to remotely monitor a vehicle through a personal computer or a smartphone. Accordingly, the use of microcontroller based anti-theft security system using GSM networks as also grown in popularity. The emergence of software which integrates smartphone and smart watches in the vehicle anti-theft system has brought disruption in the market. These factors are anticipated to propel the vehicle anti-theft system market.
Despite manufacturers in the vehicle anti-theft system market going an extra mile in ensuring end-to-end security systems, high-tech criminals seem to have keys for all of these sophisticated efforts. Transmitter ‘relay’ attacks or hacks have emerged as frequently practiced malicious techniques. Manufacturers in the vehicle anti-theft system market are all set to develop tight specifications to combat against such malicious efforts. The sales of vehicle anti-theft systems in North America is foreseen to register the fastest growth through 2022. However, the Europe vehicle anti-theft system market is likely to sustain its lucrativeness than the North America vehicle anti-theft system market during the forecast period.
Vehicle Anti-theft System Market: Competitive Landscape
In the section of the competitive landscape, the report delivers a dashboard view of the key market players operating in the vehicle anti-theft system market. The companies have been profiled based on their product portfolios, recent innovations, their relative market positions, and business strategies. Key companies profiled in the vehicle anti-theft system market report include Denso Corporation, Continental AG, OMRON Corporation, Robert Bosch GmbH, ZF TRW Automotive Holdings Corporation, Delphi Automotive Plc, TOKAI RIKA, CO, LTD., Mitsubishi Electric Corporation, VOXX International Corporation, Lear Corporation, and HELLA KGaA Hueck & Co among others.
For example, Porsche, a leading German automobile manufacturer has announced the inclusion of GPS-enabled anti-theft protection in its classic Porsche models. Another key manufacturer in the vehicle anti-theft system market - Continental AG, another German leader in manufacturing of automotive components has announced plans to carve out the powertrain division under the new “Continental Group” umbrella brand which will also include Continental Automotive that delivers chassis and safety and interior units. Bosch, a leading manufacturer of vehicle anti-theft systems has introduced a new TRACI solution for agricultural and construction machinery, vehicles and special equipment tracking.
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