The vehicle anti-theft system market size is valued at USD 19.05 billion by 2027 and is expected to grow at a compound annual growth rate of 7% over the forecast period of 2021 to 2027.
A vehicle anti-theft system is an effective car security system integrated with the Global System for Mobile Communication (GPS) and Global Positioning System (GPS) to prevent theft and determine the exact location of the vehicle. The system immediately alerts the vehicle owner by sending an alarm via a sensor or sending a notification to a connected device. The system also turns off the engine or locks other components such as the steering and tires, along with precautions such as shutting off the fuel supply and shutting off the engine ignition in case of a theft report.
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Market Segments
By Vehicle Type
- Passenger car
- Commercial vehicles
- Off-Highway vehicles
By Product
- Alarm
- Biometric capture device
- Passive keyless entry
- Central locking system
- Immobilizer
- Steering lock
By Active and Passive
- Active anti-theft System
- Passive anti-theft System
Competitive Landscape
Key companies profiled in the vehicle anti-theft system market report 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 among others.
Scope of the Report
The research study analyzes the global Vehicle Anti-Theft System industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global Vehicle Anti-Theft System Market is available at:https://www.orionmarketreports.com/vehicle-anti-theft-system-2-market/52088/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Vehicle Anti-Theft System Market Report
1.What was the Vehicle Anti-Theft System Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Vehicle Anti-Theft System Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Vehicle Anti-Theft System Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Vehicle Anti-Theft System market.
- The market share of the global Vehicle Anti-Theft System market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Vehicle Anti-Theft System market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Vehicle Anti-Theft System market.
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