Highly Demand in vehicle security system market Battle for Market Share- 2021


Posted July 28, 2017 by pankaj_kaware

Highly Demand in vehicle security system market Battle for Market Share: Expansion Was the Key Strategy Growth Opportunities and Trends – 2021

 
The vehicle security system market, in terms of value, is projected to grow at a CAGR of 7.2% from 2016 to 2021. The market is estimated to be USD 7.57 Billion in 2016, and is projected to reach 10.75 Billion by 2021. In this study, 2015 has been considered the base year, and 2016 to 2021 the forecast period, for estimating the market size of the vehicle security system market. The study segments the market on the basis of vehicle type, product type, technology, and region.

The market has been classified by product type as follows: alarm, immobilizer, remote keyless entry, passive keyless entry, and central locking system. It has been segmented by technology into global positioning system, global system for mobile communication, face detection system, and real-time location system. Enhanced safety features and the increasing production of vehicles are expected to drive the vehicle security system market in the Asia-Pacific. The region is estimated to lead the market, in terms of value, in 2016. The North American region is estimated to be the second-largest market for vehicle security systems, owing to the growing trend of installing safety features in vehicles.



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The research methodology used in the report involves various secondary sources, including paid databases and directories. Experts from related industries and suppliers have been interviewed to understand the future trends of the vehicle security system market. The bottom-up approach has been used to estimate the market size, wherein country-wise vehicle production statistics have been taken into account for each vehicle type (passenger car, commercial vehicle, and off-highway vehicle).

Browse 96 market data Tables and 62 Figures spread through 190 Pages and in-depth TOC on "Vehicle Security System Market by Type, Technology, Vehicle Type (Passenger Car, Commercial Vehicles and Off-Highway Vehicles), and by Region (Asia-Pacific, Europe, North America and Rest of the World) - Industry Trends and Forecast to 2021"

http://www.marketsandmarkets.com/Market-Reports/automotive-security-market-184165229.html

The ecosystem of the vehicle security system industry consists of manufacturers such as Robert Bosch GmbH (Germany), Continental AG (Germany), and Lear Corporation (U.S.), research institutes such as the Automotive Research Association of India (ARAI), European Automotive Research Partners Association (EARPA), and the United States Council for Automotive Research (USCAR), and regional automobile associations such as China Association of Automobile Manufacturers (CAAM), Japan Automobile Manufacturers Association (JAMA), and the European Automobile Manufacturers Association (ACEA).



Target Audience

Manufacturers of vehicle security systems
Dealers and distributors of vehicle security systems
Industry associations
Investment firms
Equity research firms
Private equity firms

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Scope of the Report

By Product Type
Alarm
Immobilizer
Remote Keyless Entry
Passive Keyless Entry
Central Locking System
By Vehicle Type
Passenger Car
Commercial Vehicle
Off-Highway Vehicle
By Technology
Global Positioning System
Global System for Mobile Communication
Face Detection System
Real-Time Location System
By Region
North America
Asia-Pacific
Europe
RoW


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Issued By pankaj
Country India
Categories Automotive
Tags vehicle security system market , car security systems market
Last Updated July 28, 2017