Vehicle Security Systems Market
Vehicle Security Systems Market Global Industry Assessment & Forecast
Segments Covered
- By Product Type Alarm, Keyless Entry, Immobilizer, Central Locking, Other Types
- By Vehicle Type Commercial Vehicles, Passenger Vehicles, Off-highway Vehicles
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 9.28 Billion |
Revenue 2028: | 14.72 Billion |
Revenue CAGR (2021 - 2028): | 8.10% |
Fastest Growing Region (2022 - 2028) | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Table of Content:
- Chapter No. 1: Introduction
- Report Scope
- Objectives of the Study
- USP & Key Offerings
- Target Audience
- Vantage Market Research Report Guidance/Walk-through
- Chapter No. 2: Premium Insights
- Market Snapshot
- Top Investment Pockets
- Market Attractiveness Analysis, By Product Type
- Market Attractiveness Analysis, By Vehicle Type
- Market Attractiveness Analysis, By North America
- Insights from Primary Respondents
- Chapter No. 3: Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter’s Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
- Pricing Analysis
- Patent Analysis
- Value Chain Analysis
- Downstream Buyers
- Distributors/Traders List
- Chapter No. 4: Competitive Landscape
- Competition Matrix – 2020
- Company Market Share Analysis – 2020
- Company Market Share, 2020
- Company Market Revenue, 2017 – 2020 (USD Million)
- Company Y-o-Y Growth, 2018 – 2020 (%)
- Strategic Developments
- CAcquisitions & Mergers
- New Product Launch
- New Product Launch
- New Product Launch
- Chapter No. 5: COVID 19 Impact Analysis
- Impact Assessment of COVID-19 Pandemic, By North America
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Quarterly Market Revenue Forecast by North America 2020 & 2021
- Pre COVID-19 Market Revenue, By North America, 2016-2019 (USD Million)
- Post COVID-19 Market Revenue, By North America, 2020-2028 (USD Million)
- Key Strategies Undertaken by Companies to Tackle COVID-19
- Short Term Dynamics
- Long Term Dynamics
- Impact Assessment of COVID-19 Pandemic, By North America
- Chapter No. 6: Global Vehicle Security Systems Market - Segment Analysis
- Overview
- Global Vehicle Security Systems Market, 2016 – 2028 (USD Million)
- Global Market Revenue, By North America, 2020 & 2028
- Global Market Revenue, By North America, 2020 & 2028
- Global Market Revenue, By North America, 2020 & 2028
- Global Keyword Market - By Vehicle Type
- Overview
- Global Keyword Market - By North America
- Overview
- Global Market Revenue, By North America, 2016 – 2028 (USD Million)
- Chapter No. 7: North America Vehicle Security Systems Market - Segment Analysis
- Overview
- North America Vehicle Security Systems Market, 2016 – 2028 (USD Million)
- North America Market, By Product Type
- North America Market Revenue, By Product Type, 2016 – 2028
- North America Market, By Vehicle Type
- North America Market Revenue, By Vehicle Type, 2016 – 2028
- North America Market, By
- North America Market Revenue, By , 2016 – 2028 (USD Million)
- Chapter No. 8: Europe Vehicle Security Systems Market - Segment Analysis
- Overview
- Europe Vehicle Security Systems Market, 2016 – 2028 (USD Million)
- Europe Market Revenue Share, By , 2020 & 2028
- Europe Market, By Product Type
- Europe Market Revenue, By Product Type, 2016 – 2028
- Europe Market, By Vehicle Type
- Europe Market Revenue, By Vehicle Type, 2016 – 2028
- Europe Market, By
- Europe Market Revenue, By , 2016 – 2028 (USD Million)
- Chapter No. 9: Asia Pacific Vehicle Security Systems Market - Segment Analysis
- Overview
- Asia Pacific Vehicle Security Systems Market, 2016 – 2028 (USD Million)
- Asia Pacific Market Revenue Share, By , 2020 & 2028
- Asia Pacific Market, By Product Type
- Asia Pacific Market Revenue, By Product Type, 2016 – 2028
- Asia Pacific Market, By Vehicle Type
- Asia Pacific Market Revenue, By Vehicle Type, 2016 – 2028
- Asia Pacific Market, By
- Asia Pacific Market Revenue, By , 2016 – 2028 (USD Million)
- Chapter No. 10: Latin America Vehicle Security Systems Market - Segment Analysis
- Overview
- Latin America Vehicle Security Systems Market, 2016 – 2028 (USD Million)
- Latin America Market Revenue Share, By , 2020 & 2028
- Latin America Market, By Product Type
- Latin America Market Revenue, By Product Type, 2016 – 2028
- Latin America Market, By Vehicle Type
- Latin America Market Revenue, By Vehicle Type, 2016 – 2028
- Latin America Market, By
- Latin America Market Revenue, By , 2016 – 2028 (USD Million)
- Chapter No. 11: Middle East & Africa Vehicle Security Systems Market - Segment Analysis
- Overview
- Middle East & Africa Vehicle Security Systems Market, 2016 – 2028 (USD Million)
- Middle East & Africa Market Revenue Share, By , 2020 & 2028
- Middle East & Africa Market, By Product Type
- Middle East & Africa Market Revenue, By Product Type, 2016 – 2028
- Middle East & Africa Market, By Vehicle Type
- Middle East & Africa Market Revenue, By Vehicle Type, 2016 – 2028
- Middle East & Africa Market, By
- Middle East & Africa Market Revenue, By , 2016 – 2028 (USD Million)
- Chapter No. 12: Marketing Strategy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
- Economic/Political Environmental Change
- Chapter No. 13: Company Profiles
- Company
- Chapter No. 14: Research Methodology
- Research Methodology
- Phase I - Secondary Research
-
Phase II - Data Modeling
- Company Share Analysis Model
- Revenue Based Modeling
- Phase III - Primary Research
-
Research Limitations
- Research Limitations
FAQ
Frequently Asked Question
What is the global demand for Vehicle Security Systems in terms of revenue?
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The global Vehicle Security Systems valued at 9.28 Billion in 2020 and is expected to reach 14.72 Billion in 2028 growing at a CAGR of 8.10%%.
Which are the prominent players in the market?
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The prominent players in the market are Tokai Rika Co. Ltd., Robert Bosch GmbH, ZF TRW Automotive Holdings Corporation, Mitsubishi Electric Corporation, Hella Kgaa Hueck & Co., Denso Corporation, Lear Corporation, Continental AG, Valeo SA, Delphi Automotive..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 8.10%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
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The driving factors of the Vehicle Security Systems include
- The increasing technological innovation in the automotive security industry is anticipated to augment the growth of the vehicle security systems market during the forecast period. The current technological developments like tracking systems, passive immobilizers, and personal alarm pagers, provides high-tech alternatives that makes the vehicles harder to steal and easier to track. Additionally, car and alarm manufacturers are constantly trying to improve their security systems against theft. Great achievements have been made recently by incorporating the alarm system as an integral part of the vehicle electronics.
- The implementation of government regulations for installing security systems is expected fuel the growth of the vehicle security systems market during the forecast period. For instance, it is compulsory to fit government approved immobilizers before licensing or transferring a vehicle in the territory according to Government of Western Australia, Department of Transport. Moreover, installing vehicle security system decreases the probability of car theft to a higher percentage. Additionally, some insurance companies refuse to provide insurance to vehicles that does not have a security systems installed in them.
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Vehicle Security Systems in 2020.