Vehicle Anti-Theft Market 2018 Global Regional, And Key Players Analysis - Johnson Electric, Delphi Automotive LLP, ZF-TRW, Mitsubishi Electric Corporation, Robert Bosch GmbH, And TokaiRika 2023

Vehicle Anti-Theft Market 2018 Research Report – Global Forecast to 2023, is latest report on Vehicle Anti-Theft Market analysis by product (Immobilizer, Steering lock, Central locking, alarm), by technology (GPS, GSM, RTLS, Face detection system, automotive biometric technology) by vehicle type (Passenger car, Commercial vehicle) - Forecast 2016-2022.

Some of the key players in the Automotive Position sensor market are Bharat Heavy Electricals Limited, Berliner Maschinenbau, Lokomo, China Northern Rail Corporation Limited, Bombardier Transportation, Brookville Equipment Corporation, GE Transportation, and Alstom Ferroviaria S.p.A

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Vehicle anti-theft system is a technology which is used to prevent unauthorized access of vehicle. Anti-theft systems have evolved from the invention of lock and key to the introduction of biometric technology. Anti-theft devices adds security to vehicles and may also lower vehicle insurance rates. It also provides advanced protection like stolen vehicle tracking, microprocessors with digital signal processing, ultrasonic sensors, rechargeable batteries, and closed tool chain for configuration and simulation.

 There are various trends evolved in the anti-theft vehicle system which are implemented using Global Positioning System (GPS) and Global System for Mobile Communication (GSM). This system are smart enough to locate the vehicle if it has stolen. There are various developments taken place in the anti-theft system which includes operation of ARM 7 microcontroller, GSM and GPS module simultaneously with an accelerometer and temperature sensor, hybrid GPS-GSM localization of vehicles Tracking System, security system based on RFID, GPS and GSM, and among others. All the above models are effective in terms of vehicle security is concerned.

There are various anti-theft devices used in  order to keep the car safe which includes steering wheel lock, Tire lock, baby monitoring, kill switch, electronic tracking system, and among others. The different factors that are responsible for the growth of the vehicle anti-theft market are sophisticated security system, alert message to mobile phone and rising awareness about vehicle anti-theft devices. Other factors such as safety and convenience of end user and also provide advance systems such as car security camera, steering lock are expected to drive the market in future. Additionally, high demand from customers and high purchasing power has upped demand for vehicles and boosted the market for anti-theft vehicle systems. However, the rising production cost makes these features unaffordable for consumers and hamper the market of vehicle anti-theft system.

Vehicle Anti-Theft market is application driven, and systems are gaining popularity across the end user and technologies like such as GPS, RTLS, and Automotive Biometric Technology which is referred as one of the major driving factors for market. Asia pacific is estimated to account for the largest share, in terms of value, of the Vehicle Anti-Theft System Market. This can be mainly attributed to the rising vehicle production and the increasing installation of safety features in passenger cars, commercial vehicles.

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