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Oct. 15, 2020, 3:31 a.m. EDT

Vehicle Anti-Theft System Market 2020: Analysis, Top Companies, Size, Share, Demand and Opportunity To 2025

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Oct 15, 2020 (SUPER MARKET RESEARCH via COMTEX) -- According to IMARC Group's latest report, titled "Vehicle Anti-Theft System Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,". The vehicle anti-theft systems market, however, is expected to recover from 2021 onwards and exhibit moderate growth during 2021-2025.

A vehicle anti-theft system is an integrated security device that inhibits any unauthorized access to the vehicle. It generally includes alarm, steering lock, central lock, remote keyless access, immobilizer, biometric capture device, etc. The system enhances vehicle security, prevent illegal activities, and provide real-time tracking of the automobile. As a result, the anti-theft system is widely installed in passenger cars, two-wheelers, commercial vehicles, and off-highway vehicles.

Request for a free sample copy of this report: https://www.imarcgroup.com/vehicle-anti-theft-system-market/requestsample

Market Trends

The increasing number of safety regulations due to the growing incidences of vehicle theft is primarily augmenting the demand for vehicle anti-theft systems. Besides this, the expanding vehicle fleet and increasing consumer awareness towards numerous benefits of anti-theft devices are also catalyzing the product demand. Moreover, the emergence of advanced anti-theft devices integrated with Internet-of-Things (IoT) and near field communication (NFC) technologies is further driving the market growth. Additionally, the wide availability of innovative product variants with numerous high-tech features, such as face recognition, voice detection, biometric, and radio frequency identification systems, is also propelling the demand for vehicle anti-theft systems. Furthermore, the growing popularity of GPS-assisted anti-theft protection systems and novel sensor technology to reduce keyless car theft rates will continue to drive the market growth in the coming years.

Vehicle Anti-Theft System Market 2020-2025 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Continental AG (etr:CON)

  • Delphi Technologies

  • Denso Corporation (tyo:6902)

  • HELLA GmbH & Co. KGaA (etr:HLE)

  • Johnson Electric Holdings Limited (hkg:0179)

  • Lear Corporation /zigman2/quotes/203548859/composite LEA +0.05%

  • Mitsubishi Electric Corporation (tyo:6503)

  • Omron Corporation (tyo:6645)

  • Robert Bosch GmBH

  • TOKAIRIKA CO. LTD. (tyo:6995)

  • VOXX International Corporation /zigman2/quotes/202681645/composite VOXX -1.92%

  • U-Shin Ltd. (Minebea Mitsumi Inc.)

  • ZF Friedrichshafen AG.

The report has segmented the market on the basis of vehicle type, product type, technology and region.

Breakup by Vehicle Type:

  • Passenger Vehicle

  • Commercial Vehicle

  • Others

Breakup by Product Type:

  • Immobilizers

  • Alarm

  • Steering Lock

  • Central Locking System

$ 179.01
+0.09 +0.05%
Volume: 262,942
April 9, 2021 4:00p
P/E Ratio
Dividend Yield
Market Cap
$10.76 billion
Rev. per Employee
US : U.S.: Nasdaq
$ 19.45
-0.38 -1.92%
Volume: 130,120
April 9, 2021 4:00p
P/E Ratio
Dividend Yield
Market Cap
$465.40 million
Rev. per Employee
1 2
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