Automotive Security System Market: Market Size, Market Share, Global Industry Growth, and Forecast 2018- 2023

Global automotive security systems market has been witnessing growth, owing to remote keyless entry and passive key-less entry types which are becoming a trend and giving manufacturers ample opportunities to grow in this market. Automotive security systems protect vehicles from theft. Vehicles these days are equipped with different kinds of security systems, either as a standard or as an option. Some of the automotive security systems include alarms, remote keyless entry, passive keyless entry, and GPS trackers.

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The automotive security system market is expected to be dominated by North America and Europe, as vehicles in these regions come with factory fitted security systems. Among all the security systems, car immobilizer has witnessed significant growth in demand, as it is a simple and effective security system. Moreover, remote keyless entry and passive key-less entry types are becoming a trend among buyers. However, these features are available only in top-end models. However, despite this, aftermarket security system solutions can be installed in basic models too.
The upcoming report from Quince Market Insights focuses on these key impact factors influencing the market, along with identifying major segments and companies operating in the market. The study is designed to provide a holistic view with a broad scope covering every possible segment influencing the demand for automotive security system market.

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Market Segmentation:

By Type:

• Alarm
• Immobilizer
• Remote key-less Entry
• Passive key-less Entry
• Central Locking System
• Others

By End-Use Industry:

• OEMs
• Aftermarket

By Vehicle Type

• Passenger Car
• Heavy Duty Vehicle
• Light Duty Vehicle
This upcoming study will be published shortly with a focus on key stakeholders in the market. Regions covered in the study include North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World.

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Major Companies Operating in the Market:

• Bosch GmbH
• TRW Automotive
• Lear Corporation
• Hella

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About Quince Market Insights:

Quince Market Insights is a global market research and consulting company publishing syndicate studies as well as consulting assignments pertaining to market opportunities that promise high growth in the future. The company also provides information on different research practices such as competitive analysis, product mapping, value chain analysis, etc., assisting clients in strategic decision-making.

This release was published on openPR.