Press release
Vehicle Anti-theft System Market to Reach an Estimated Value of US$ 9,670.5 Mn by 2022
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 market for vehicle anti-theft systems.
Request For Sample Report @ www.factmr.com/connectus/sample?flag=S&rep_id=39
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.
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.
Check Discount @ www.factmr.com/connectus/sample?flag=D&rep_id=39
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 3/4th share 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.
Click to View Complete Report @ www.factmr.com/report/39/vehicle-anti-theft-system-market
About Us
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
Fact.MR
Office: Dublin 2
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-6111-593
( Dublin 2 )
Email: sales@factmr.com
Web: www.factmr.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 Anti-theft System Market to Reach an Estimated Value of US$ 9,670.5 Mn by 2022 here
News-ID: 702181 • Views: …
More Releases from Fact.MR
Agricultural Film Market is forecasted to reach US$ 21 billion with 5.9% CAGR by …
Fact.MR, a market research and competitive intelligence service, states that historically, the use of Agricultural Films grew at a 3.5% CAGR from 2016 to 2020, with the United States, China, India, and Japan holding a sizable portion of the global market. by 2021, the greenhouse film industry is expected to have grown to a valuation of over US$ 10 billion, largely due to price increases in agricultural films.
For More Insights…
Medical Equipment Rental Market is projected to expand at a CAGR of 5.5% to reac …
The latest industry analysis from Fact.MR, a company that offers competitive intelligence and market research, projects that the global Medical Equipment Rental Market will grow at a 5.5% CAGR and reach US$ 98 billion in size by the end of 2033.
The industry that deals with the short-term rental or lease of medical equipment to healthcare facilities, organizations, and individuals is known as the "medical equipment rental market." The goal of…
Craft Beer Market is forecasted to reach a value of US$ 174.68 Billion by 2032
The worldwide craft beer market was expected to be worth $76.3 billion in 2020 and $81.64 billion in 2021. The market will grow at a steady CAGR of 6.9% between 2022 and 2032. By the end of 2032, this market is predicted to have a global valuation of US$174.68 billion.
The surge in demand for more beer styles coupled with increase in per capita income among the target customers has triggered…
Window Blinds Market Forecasted to Achieve US$ 4.69 Billion by 2034
The global window blinds market is expected to reach $2.99 billion in 2024, growing at a 5.8% CAGR to $4.69 billion by the end of 2034.
Window blinds are adjustable window coverings made of slats or vanes, allowing for versatile control over light and privacy. They come in various materials, including wood, metal, or plastic, and can be easily adjusted to regulate sunlight and maintain privacy. Unlike heavy curtains, blinds are…
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…
