openPR Logo
Press release

Vehicle Security Market - Latest Report on the Current Trends and Future Opportunities to 2030

10-11-2022 05:15 AM CET | Logistics & Transport

Press release from: Market Research Future - MRFR

Vehicle Security Market Overview:

The Vehicle Security Market, in terms of cost, is projected to reach USD 10,168 million by 2030, recording a 6.90% CAGR from 2022-2030.

A Vehicle Security system is a protection system for a vehicle against external, spiteful threats to protect it in all likely ways. This Vehicle Security system contains recognition, prevention, and retort to threats over various technologies, like radio frequency recognition and ultrasonic. The international Vehicle Security Market is projected to grow significantly over the forecast period owing to the acceptance of biometric expertise in Vehicle Security and the growing number of progressive Vehicle Security technologies.

The scope for approval in semi-autonomous and independent vehicle systems is projected to generate a chance for the merchants working in the international market. The potential letdown of electronic pieces of machinery in the international market is projected to detain growth over the forecast period. The Vehicle business corporations initially focused on consuming phones to recover ease in vehicles. It provides intelligent, dependable, and adequate vehicle security. Thus, the growth in events of vehicle theft is projected to drive the development of the international Vehicle Security Market over the forecast period.

Request Free Sample of Report @ https://www.marketresearchfuture.com/sample_request/4077

With the nonstop spread of the novel coronavirus worldwide in early 2020, automakers had to take dangerous events like plant conclusions to close the stretch of COVID-19. The condition was inexact as many European companies deferred work, and the US and Asia-Pacific automakers had lengthy closure periods. In contrast, the international lockdown assisted in binding the effect of coronavirus. It harshly affected the whole value chain of the automotive business. In other regions, governments have practically ever-more severe actions on social communication, travel, and workplace presence.

The coronavirus pandemic has demonstrated how susceptible motorized supply chains are to disturbance, hindering international supply plans. The sudden shutdown of manufacturing centers in various nations caused extensive chaos among international auto producers and was handled increasingly in South America, European countries, the US, India, and. Many motorized OEMs and suppliers have moved their manufacturing events to low-cost nations and are now trying to set up shorter or confined supply chains.

The demand for these raw materials for processing is rapidly increasing that are restricted due to coronavirus, but some processing is now open. The dependence on Vehicle Security components styles importing and exporting raw materials and end products is more multifaceted due to disturbance in the supply chain.

Read Report Overview @ https://www.marketresearchfuture.com/reports/vehicle-security-market-4077

Key Players

Denso Corporation (Japan)
Robert Bosch GmbH (Germany)
HELLA GmbH & Co. KGaA (Germany)
Valeo (France)
Mitsubishi Electric Corporation (Japan)
Continental AG (Germany)
Lear Corporation (US)
Tokairika
Co Ltd (Japan)
Omron Corporation (Japan)
Alps Alpine Co. Ltd (Japan)
Market segmentation:

The international market for Vehicle Security is divided based on technology, vehicle type, components, and sales channel.

Based on component

The international Vehicle Security Market is divided into:

Central locking systems
Remote keyless entry systems
Ultrasonic intruder protection systems
Automatic collision detection systems
Automatic driver recognition systems
Backup battery sirens
Others
Based on technology

The international Vehicle Security Market is divided into:

Radiofrequency identification
Ultrasonic
Others
Based on vehicle type

Passenger cars
Commercial vehicles
Based on sales channel

Original equipment manufacturers (OEMs)
Regional analysis:

The Vehicle Security market is divided into Europe, Asia-Pacific, North America, and the Rest of the World. It is projected to produce at the uppermost rate in Asia-Pacific over the forecast period due to increased automobile demand, mainly in China and India.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 15

1.1 MARKET ATTRACTIVENESS ANALYSIS 17

1.1.1 GLOBAL VEHICLE SECURITY MARKET, BY TECHNOLOGY 18

1.1.2 GLOBAL VEHICLE SECURITY MARKET, BY COMPONENT 19

1.1.3 GLOBAL VEHICLE SECURITY MARKET, BY VEHICLE TYPE 20

1.1.4 GLOBAL VEHICLE SECURITY MARKET, BY SALES CHANNEL 21

1.1.5 GLOBAL VEHICLE SECURITY MARKET, BY REGION 22

2 MARKET INTRODUCTION 23

2.1 DEFINITION 23

2.2 SCOPE OF THE STUDY 23

2.3 RESEARCH OBJECTIVE 23

2.4 MARKET STRUCTURE 24

2.5 KEY BUYING CRITERIA 24

3 RESEARCH METHODOLOGY 25

3.1 RESEARCH PROCESS 25

3.2 PRIMARY RESEARCH 26

3.3 SECONDARY RESEARCH 27

3.4 MARKET SIZE ESTIMATION 28

3.5 FORECAST MODEL 29

3.6 LIST OF ASSUMPTIONS 30

4 MARKET INSIGHTS 31

5 MARKET DYNAMICS 33

5.1 INTRODUCTION 33

5.2 DRIVERS 34

5.2.1 RISING INCIDENTS OF VEHICLE THEFT 34

5.2.2 ADOPTION OF BIOMETRIC TECHNOLOGY IN VEHICLE SECURITY 35

5.3 RESTRAINTS 36

5.3.1 POTENTIAL FAILURE OF ELECTRONIC COMPONENTS 36

5.3.2 HIGH COST OF THE VEHICLE SECURITY SYSTEM 36

5.4 OPPORTUNITIES 37

5.4.1 SCOPE FOR ADOPTION IN SEMI-AUTONOMOUS AND AUTONOMOUS VEHICLE SYSTEMS 37

5.4.2 INCREASED DEMAND FOR APPLICATION-BASED TECHNOLOGIES 37

5.5 IMPACT ANALYSIS OF COVID-19 37

5.5.1 IMPACT ON OVERALL AUTOMOTIVE INDUSTRY 37

5.5.2 IMPACT ON PRODUCTION 38

5.5.2.1 NISSAN 38

5.5.2.2 RENAULT GROUP 38

5.5.2.3 VOLVO 38

5.5.2.4 VOLKSWAGEN GROUP 38

5.5.2.5 FIAT CHRYSLER AUTOMOBILES 39

5.5.2.6 HYUNDAI-KIA 39

5.5.2.7 DAIMLER 39

5.5.3 IMPACT ON VEHICLE SECURITY INDUSTRY 39

5.5.3.1 IMPACT ON SUPPLY CHAIN 39

5.5.3.2 IMPACT ON RAW MATERIAL 39

5.5.3.3 CASH FLOW CONSTRAINTS 40

5.5.3.4 IMPACT ON MARKET DEMAND 40

5.5.3.5 IMPACT ON PRICING 40

5.5.4 IMPACT ON WORLD TRADE 40

5.5.4.1 ECONOMIC IMPACT 40

5.5.5 IMPACT ON THE VEHICLE SECURITY MARKET 41

5.5.6 IMPACT ON SUPPLY CHAIN OF VEHICLE SECURITY 41

5.5.6.1 PRODUCTION SHUTDOWN 41

5.5.6.2 CASH FLOW CONSTRAINTS 41

5.5.6.3 IMPACT ON IMPORT/EXPORT 41

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:
Market Research Future
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Website: https://www.marketresearchfuture.com
Sales: info@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 Vehicle Security Market - Latest Report on the Current Trends and Future Opportunities to 2030 here

News-ID: 2762904 • Views: 757

More Releases from Market Research Future - MRFR

Off-Road Equipment Market Size Worth at USD 523 billion by 2038 | Caterpillar In …
Market Overview The off-road equipment market is projected to reach USD 523 billion and at a CAGR of 4 % by 2021-2028 during the forecast period. The consumers who operate off-road vehicles include off-road equipment carrying their tasks on and above ground. The off-road vehicles come in a wide range of styles, including big mining trucks, farm equipment and more. The main factor driving market expansion is the regulations governing large machinery.
Open IoT Platform Market is Anticipated to Reach US$ 59 Billion by 2030
Market Highlights The open IoT platform market is growing rapidly over 22% of CAGR and is expected to reach at approx. USD 59 Billion by the end of forecast period. As compared to other regions, the open IoT platform market in North America is expected to witness significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of open IoT platform
Digital Marketing Software Market Projected to Hit USD $264.5 Billion at a 19.20 …
Market Overview The Digital Marketing Software industry is expected to witness a growth of over USD 264.5 Billion by the year 2030 while registering a CAGR of 19.20%. The Digital Marketing Software market value was USD 23 million in the year 2019, it has witnessed a huge growth rate in a short period. The digital marketing share in the overall marketing budget of organizations and real-time marketing is on the rise,
Mobile Security Software to Will Receive Outstanding Growth of USD 42.13 Billion …
Market Overview: The market research made on the mobile security software shows a potential growth at the valuation of USD 42.13 Billion during the forecast timeline which with 2030 with a CAGR of 14.58%. The market for mobile security software is growing and further is likely to offer some of the best opportunities in the BFSI, defense, healthcare, government, IT, and telecom sector. There are some prominent drivers for such market growth

All 5 Releases


More Releases for Vehicle

Connected Car Devices Industry Forecast to 2028 Global Market Analysis by Commun …
Connected car devices assist in monitoring vehicles and drivers. These devices update owners and fleet managers about the emissions, vehicle performance, vehicle maintenance, on-board diagnostics (OBD), pertaining to fuel economy index, etc. Also, it provides GPS tracking and real-time alerts. Increasing concerns and awareness regarding safety and high demand for advanced system and safety features in vehicles are driving the growth of the connected car devices market. Sample PDF showcases the
Steering Tie Rod Market Vehicle (Passenger car, Commercial vehicle, and Heavy-du …
A steering tie rod is an integral part of the steering mechanism in an automobile as it is a lean structural bar or rod which is used as a tie and it is capable of carrying only ductile loads. The rod tends to transmit a force from the rack gear to the steering knuckle, which enables the wheel to turn while the vehicle is moving. This tie rod comprises two
Offshore AUV & ROV Market by ROV, High Capacity Electric Vehicle, Small Vehicle, …
This study report Global Offshore AUV & ROV Market, the analyst provides growth estimates, forecasts, and an in-depth analysis of all key factors at play in the Market. The report takes into account the micro and macro factors that are likely to impact the growth trajectory of the Market. The study further presents details on the investments initiated by several organizations, institutions, government, and non-government bodies. The report investigates and analyzes
Automotive ABS and ESC Market Report 2018: Segmentation by Product (Three Channe …
Global Automotive ABS and ESC market research report provides company profile for Robert Bosch, TRW, Machino, Haldex, Aisin Seiki, Hitachi, Autoliv, Contenental, Delphi, Denso and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The
Vehicle to Vehicle (V2V)/Vehicle to Infrastructure (V2I) Market expected to grow …
The V2V/V2I market has penetration into different technologies such as smart sensors, big data analytics and cloud computing. The smart sensors manage and control traffic on the roads by offering the drivers and passengers a plethora of advanced transport services aimed at improving driving efficiency and safety. Big data analytics aids the companies in understanding the user requirements and expectations thus bringing about relevant changes in the automotive developments. Vehicular
Wheelchair Accessible Vehicle Market : by Vehicle Type - Large Size Vehicle, Med …
Researchmoz added Most up-to-date research on "2017 Global Wheelchair accessible vehicles Industry Report" to its huge collection of research reports. This report is an essential reference for those who look for detailed information on global Wheelchair accessible vehicles market. The report covers data on national, regional, and global markets including historical and future trends for supply, demand, prices, trading, competition as well as global major vendors' information. In addition