Under Vehicle Surveillance Market 2018 Global Leaders: Delphi Automotive PLC, Continental AG, DENSO, Honeywell Security Group, Law Enforcement Associates, SecuScan, Hangzhou Hikvision Digital Technology

Market Research Future published a research report on “Under Vehicle Surveillance Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Highlights

The global under-vehicle surveillance market is highly competitive. Various established international brands, domestic brands and as well as new entrants form a competitive landscape. The key players are nonstop increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. The under-vehicle surveillance market is highly competitive due to the presence of several large vendors. The competition among the vendors will intensify due to the increase in product extensions and various above mentioned factors. The players in the under-vehicle surveillance market compete on the basis of the factors such as technology, features, design and compatibility. The vendors or the manufacturers are continuously coming up with new ideas and technologies to gain competitive advantage over their competitors.

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Key Players:

The key players in the global under vehicle surveillance market include- Delphi Automotive PLC (U.K.), Robert Bosch GmbH (Germany), Continental AG (Germany), DENSO Corporation (Japan), Honeywell Security Group (U.S.), COMM-PORT Technologies (U.S.), Law Enforcement Associates (U.S.), SecuScan (Germany) and Hangzhou Hikvision Digital Technology Co. Ltd. (China) among others.

Regional Analysis

The global under-vehicle surveillance market is expected to grow significantly over the forecast period, 2017-2023. Military & Defense segment of under-vehicle surveillance market globally drives the market majorly due to their growing demand for security measures, favorable government regulations across different countries and growing demand for out-vehicle surveillance in order to prevent risks. The market is expected to have higher growth rate as compared to the previous years. The global under-vehicle surveillance market segmented into four main regions such as North America, Asia-Pacific, Europe and Rest of the World. Automotive segments hold a largest share in the North American region. The reason is attributed to implementation of under vehicle surveillance solutions across various sectors.

Also, sectors are looking for better technologically advanced solutions in this region. Therefore, North American market accounted for the largest market share.

Asia-Pacific region is expected to grow over the forecast period. Countries such as Japan, China and India contributes largely to the overall market share. The reason is attributed to the increasing number of businesses in this region and the growing adoption of under vehicle surveillance solutions in the automobile sector.

North-America accounted for the largest market share. Countries such as U.S. and Canada contributes largely to the overall market share. The reason is attributed to increasing number of vendor present across this region and the growing use of technologically advanced solutions and presence of technical expertise.

Segments

For the purpose of this study, Market Research Future has segmented the market of under vehicle surveillance into type, end-users and region.

Type

• Fixed
• Portable

End-users

• Government
• Commercial
• Energy plant entrances
• Military & Defense
• Others

Region

• North America
• Europe
• Asia Pacific
• Rest of the World

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Intended Audience

• Device manufacturers
• Network Operators
• Distributors
• Suppliers
• Research firms
• Software Developers
• Commercial Banks
• Vendors
• Government Agencies
• Vendors
• End-user sectors
• Technology Investors

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This release was published on openPR.