Car Security System Market Volume Forecast and Value Chain Analysis 2026
Increasing sales of new vehicles, along with rising awareness among car owners and a robust aftermarket growth are bolstering the global car security system market. Automobile manufacturers are increasing the deployment of security systems in new vehicles to stand out in competition. Furthermore, increasing adoption of telematics across the globe is enabling easy car monitoring techniques and comfort to car owners with enhancement in car security. However high cost of product and high installation charges are limiting OEM and aftermarket opportunities. Automakers provide more options in their premium car variants which in turn is decreasing the adoption by new vehicle owners. Whereas establishment of new car production plants in countries such as Mexico, Turkey, India and China are increasing car security system market opportunities in these regions.
Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/REP-GB-617
The global car security system is segmented on the basis of sales channel (OEM and Aftermarket), product type (immobilizer system, remote central locking system, alarm system and other systems) and car type (Economic cars, Mid-range cars and Premium cars).
On the basis of sales channel, the OEM market segment is expected to dominate globally, but market share of OEM and aftermarket sub-segment is changing from one country to the other. In regions where less cars are produced such as Middle East and Africa, aftermarket segment is a major market and is anticipated to continue to dominate the market in terms of value and volume over the forecast period. There is a strong demand in OEM segment in the regions such as North America, Western Europe and APEJ owing to increasing production of cars and establishment of new production plants. North America has the largest aftermarket share which is expected to decrease over the forecast period.
On the basis of car type, (Economic cars include mini and small cars- A & B segment cars as defined by EEC regulation and SUVs, MPVs & light trucks costing less than US$ 15000, midrange cars include C & D segment cars and SUVs, MPVs & light trucks costing between US$ 15,000- 30,000, and Premium segment cars include E & F segment cars and SUVs, MPVs & Light trucks costing more than US$ 30,000). Midrange cars are anticipated to dominate throughout the forecast period. Whereas economic cars segment are expected to exhibit the highest CAGR over the forecast period. Car security systems used in economic cars are of low value and adds less value to the market. And premium cars are loaded with many security system which increases the security systems value installed per car.
On the basis of product type, the global car security system market is segmented into immobilizer system, remote central locking system, alarm system and other systems which include vehicle trackers, perimeter sensors, ultrasonic sensors and glass break sensors. Others segment is expected to register the highest CAGR in market whereas remote central locking system will continue to dominate in aftermarket and OEM market. Immobilizers are mostly sold in OEM market owing to their large penetration in all the car types.
The global car security system market is segmented into the seven key regions of North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, and Middle East & Africa (MEA)). North America is the largest market for car security systems owing to a large aftermarket and higher cost of products. APEJ will dominate the market by 2018 and will continue to increase its share in the future. Japan’s recent downfall in the realm of car production has affected the regional market, but increasing vehicle fleet and increasing car exports will increase Japanese market with a CAGR of 3% over the forecast period.
Request to View TOC @ https://www.futuremarketinsights.com/askus/rep-gb-617
Key players in the global car security system market include Valeo S.A., Continental A.G., Delphi Automotive PLC, Hella KGaA Hueck & Co., Tokai Rika Co., Ltd., Mitsubishi Electric Corporation, Denso Corporation, Robert Bosch GmbH, Lear Corporation, Omron Corporation.
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Car Security System Market Volume Forecast and Value Chain Analysis 2026 here
News-ID: 1175436 • Views: 99
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for OEM
Technological Advancements Driving Automotive OEM Coatings Market
The global automotive original equipment manufacturers (OEM) coatings market attained a value of $10,997.4 million in 2018 and is predicted to reach a value of $13,661.4 million by 2024, registering a 4.2% CAGR during the forecast period (2019-2024). The market is growing because of the growth potential of automotive industry in emerging economies and technological advancements. Paints that are used on automobiles for protection and decoration purposes are referred to
UniStrong Is Now a 42Gears OEM Partner
42Gears Mobility Systems, a leading Unified Endpoint Management (UEM) player announces that it has onboarded UniStrong as an OEM partner. UniStrong is a renowned provider of high-precision products, rugged devices and services for the Global Geospatial Industry. The partnership will help UniStrong integrate their rugged devices with 42Gears’s suite of products to deliver best-in-class mobility management ready rugged computing solutions. UniStrong rugged devices are routinely used in the GIS,
Humidity Measurement Module for OEM Applications
The EE1900 humidity module from E+E Elektronik is optimised for the measurement of relative humidity (RH) or dew point temperature (Td) in climate and test chambers. With outstanding temperature compensation across the working range from -70 °C to 180 °C (-94 °F to 356 °F) and the choice of stainless steel and plastic probes, the module is suitable for a wide range of applications. High Accuracy in Harsh Environment The excellent
Global OEM Insulation Market Analysis with Trends and Operational Strategies
Qyresearchreports include new market research report Global OEM Insulation Market Research Report 2018 to its huge collection of research reports. In this report, the global OEM Insulation market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. The global OEM Insulation market is expanding on account of various factors which
Unicon Software and VXL Instruments signing OEM-partnership agreement
The German company Unicon Software welcomes VXL Instruments as its latest OEM-partner. Unicon’s software solutions eLux and Scout Enterprise will now also be available as built-in version especially on VXL’s D- and MD-series. VXL Instruments was established in 1976 and is a global leader in cloud computing access devices such as Thin Clients. Through technology partnerships with Citrix or VMware, VXL is committed to deliver innovative solutions to its customers. VXL’s
Adyton Systems announces OEM partnership with Symantec
Adyton Systems strengthens its next-generation firewall with the integration of Symantecs’ RuleSpace in its security application. Leipzig, Germany, July 3, 2012. Adyton Systems announced a new global OEM partnership with Symantec. This will enable Adyton Systems to equip its next-generation firewall NETWORK PROTECTOR with additional functionality for Internet security. Using Symantec’s URL filter RuleSpace, Internet content will be scanned and compared against the RuleSpace database. This allows suspicious websites to be