Disruptive Innovations to Propel the Vehicle Anti-Theft System Market towards US$ 9.5 Billion by 2022 End

With alarming instances of vehicle thefts across the globe, the demand for vehicle anti-theft system has been undergoing a sea change. Fortifications in the vehicle anti-theft systems have further encouraged integration of smartphones & smartwatches, thereby influencing dynamics of the vehicle anti-theft system market. Moreover, exclusive features such as GPS-tracking and fuel-oriented updates are pushing adoption of vehicle anti-theft systems. To enlighten readers about stellar business opportunities in the industry, Fact.MR compiled a research study on vehicle anti-theft system market for the forecast period of 2017 to 2022. The report opines the global vehicle anti-theft system market to touch a valuation of US$ 9,670.5 Mn by 2022-end.

OEMs in the vehicle anti-theft system market are incessantly working toward expansion of technical centers and multiplying their production rates to furnish the overwhelming demand. Rising emphasis on extensive R&D activities by a huge number of companies is also empowering the potential of vehicle anti-theft system market. Automotive giants such as Porsche had introduced an exclusive anti-theft protection system for all of its classic models. This system offers an autonomous sensor package, which can be installed at concealed points on the vehicles. Fine-tuned versions of this system are likely to be suitable for installation in all Porsche classic vehicles from 356 to Carrera GT.

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The report offers actionable and valuable market insights of Vehicle Anti-theft System. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Vehicle Anti-theft System Market across various industries and regions.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Vehicle Anti-theft System market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Vehicle Anti-theft System

This newly published and insightful report sheds light on Market Insights of Vehicle Anti-theft System, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Vehicle Anti-theft System Market.

According to the latest report by Fact.MR, the global market for vehicle anti-theft systems is expected to reach revenues worth US$ 6.764.1 Mn in 2017, with sales expected to expand at an impressive 7.4% CAGR during the forecast period 2017 to 2022. The market is further projected to account for revenues worth US$ 9,670.5 Mn by 2022-end.

Recent developments in anti-theft systems for vehicles have shown the possibility of integrating smartphones & smartwatches in vehicle systems. This is further expected to enable linking with many other features, enhancing the driving experience for vehicle owners. For example – this technology will offer information related to distances, amount of fuel left in vehicles, and maps of places nearby. The growth of biometric technology has promised to develop anti-DUI enforcements as well as anti-theft measures. Factors such as these are expected to drive growth of the global vehicle anti-theft system market.

The technological advancements in anti-theft systems for vehicles have registered a robust expansion over the recent past, owing to rising focus of vehicle manufacturers in offering convenience & safety to passengers. OEMs are concentrating on boosting their production capacity, coupled with expansion of their technical centers, with an aim to fulfil increasing vehicle demand worldwide. These factors are further estimated to fuel growth of the market over the forecast period.

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10 Projections for the Global Vehicle Anti-Theft System Market

Immobilizer anti-theft systems are expected to remain preferred among products, to account for largest revenues by 2022-end.
Sales of central locking systems are expected to exhibit the fastest expansion, to be the second most lucrative product in the global market for vehicle anti-theft systems by 2022-end.
Sales of steering locks, and biometric capture devices in the global vehicle anti-theft system market are estimated to register similar CAGRs through 2022. Revenues from steering locks are expected to remain comparatively larger than the biometric capture devices.
Vehicle anti-theft systems will witness largest adoption in passenger cars, exhibiting a high single-digit CAGR over the forecast period. Revenues from vehicle anti-theft systems sold in passenger cars will account for nearly 3/4thshare of the market, on the basis of vehicle type.
Face-detection technology is estimated to be dominant in the global market for vehicle anti-theft systems.
Sales of the automotive biometric technology are expected to exhibit the highest CAGR through 2022.
Real time location will continue to be the second largest adopted technology for vehicle anti-theft systems during the forecast period.
In terms of revenues, Asia Pacific Excluding Japan (APEJ) is expected to remain the most lucrative market for vehicle anti-theft systems.
Vehicle anti-theft systems’ sales in North America are estimated to register the highest CAGR through 2022. However, market in Europe will continue to be comparatively more lucrative than the market in North America during the forecast period.
Key players profiled in the global market for vehicle anti-theft systems 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.

Competitive Landscape
In the section on 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, 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

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.

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Report Benefits & Key Questions Answered

Vehicle Anti-theft System Company & brand share analysis: The report offers in-depth Vehicle Anti-theft System brand share analysis to estimate percentage of the market covered by Tier 1, Tier 2, and Tier 3 companies
Vehicle Anti-theft System Historical volume analysis: The report offers a comparative analysis between historic sales of Vehicle Anti-theft System and projected sales performance for 2021-2031
Vehicle Anti-theft System Category & segment level analysis: Fact MR presents a comprehensive analysis of factors enabling sales growth across key segments. It underscores chief growth drivers and offers valuable information to identify sales prospects a local and regional levels
Vehicle Anti-theft System Consumption by demographics: To offer informed recommendation, the report studies behavior and consumption pattern of consumers. The demographics analysis is intended at helping business better understand consumer preference and design their product and market strategies around it
Post COVID consumer spending on Vehicle Anti-theft System: The Fact MR market survey carefully studies consumer spending behavior post COVID-19. It gauges how prevailing trends have influenced their behavior, subsequently impacting their spending power

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