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Dec. 2, 2021, 4:43 a.m. EST

Vehicle Anti-Theft System Market Report 2021-26: Industry Size, Share, Growth and Forecast

Vehicle Anti-Theft System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

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Dec 02, 2021 (Heraldkeepers) -- According to IMARC Group's latest report, titled "Vehicle Anti-Theft System Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global vehicle anti-theft system market exhibited moderate growth during 2015-2020. Looking forward, the market is expected to grow at a CAGR of around 4% during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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 Free Sample 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.

Ask Analyst and Browse Full Report with TOC & List of Figure: https://bit.ly/31OfFIZ

List of Key Companies Covered in this Market Report:

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 +1.28%
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 +3.84%
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

Breakup by Product Type:

Steering Lock
Central Locking System
Biometric Capture Device
Remote Keyless Entry

Breakup by Technology:

Global Positioning System (GPS)
Global System for Mobile Communications (GSM)
Real-Time Location System (RTLS)
Face Detection System
Remote Frequency Identification Device (RFID)
Automotive Biometric Technology

Breakup by Geography:

$ 136.56
+1.72 +1.28%
Volume: 356,836
May 27, 2022 4:00p
P/E Ratio
Dividend Yield
Market Cap
$8.16 billion
Rev. per Employee
US : U.S.: Nasdaq
$ 8.38
+0.31 +3.84%
Volume: 83,604
May 27, 2022 4:00p
P/E Ratio
Dividend Yield
Market Cap
$200.59 million
Rev. per Employee
1 2
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