Vehicle Anti-Theft System Market anticipated to witness healthy CAGR over 2018-2025 - PowerPoint PPT Presentation

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Vehicle Anti-Theft System Market anticipated to witness healthy CAGR over 2018-2025

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Request for TOC report @ A key factor leading to the growth of the Vehicle Anti-Theft System Market is the need for a multilayered security approach. Over the years, the cybersecurity threats have become advanced and sophisticated. Hence, the traditional remedies for fighting viruses and malicious codes are increasingly becoming ineffective. This has driven the companies to adopt multilayered security solutions to protect their network infrastructures, driving the growth of the Vehicle Anti-Theft System Market. – PowerPoint PPT presentation

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Title: Vehicle Anti-Theft System Market anticipated to witness healthy CAGR over 2018-2025


1
Vehicle Anti-Theft System Market predicted to
grow exponentially by 2025 Global Market
Insights, Inc.
2
Regional Analysis of Vehicle Anti-Theft System
Market
  • According to a new research report by the market
    research and strategy consulting firm, Global
    Market Insights, Inc, North America is
    anticipated to hold a majority share in the
    Vehicle Anti-Theft System Market . Vehicle
    Anti-Theft System Market size is set to witness
    lucrative growth to 2025 due to stringent safety
    regulations imposed by governments to reduce the
    incidents of vehicle thefts. With rising
    incidents of vehicle thefts, automakers are
    rapidly adopting multi-factor authentication and
    technological advancements such as biometric
    technology. This is driving the growth of the
    vehicle anti-theft system market over the
    forecast period.
  • With fast growing population, year-on-year
    increase in sales Asia Pacific (APAC) is
    estimated to hold the largest market share in the
    vehicle anti-theft system market. various leading
    players in this region including Honda Motor
    Company (Japan), Hyundai Motor Company (South
    Korea), and Toyota (Japan) are partnering with
    technology companies to enhance security system
    of the vehicle driving the regional growth. North
    America is estimated to be fast growing as
    big-three automakers of this region, which
    include Fiat-Chrysler Automotive, Ford Motor
    Company, and General Motor Company will influence
    the vehicle anti-theft systems market over the
    forecast period.

3
  • Application Analysis of Vehicle Anti-Theft System
    Market
  • The rise in Bluetooth and NFC-based technologies
    is anticipated to drive the growth of vehicle
    anti-theft system market as these technologies
    enhance vehicle security without the internet.
    NFC technologies require less power and help in
    locking unlocking vehicles. It also helps in
    sharing information to users such as position of
    car, fuel status, and lock status, among others.
    Bluetooth technologies help in connecting
    vehicles to vehicles, infrastructure, and
    everything. It provides navigation, driver
    assistance, and lock-unlock features to enhance
    the security of vehicles.
  • By product, the immobilizer segment is expected
    to hold the largest share in the vehicle
    anti-theft system market due to the mandatory
    installation of immobilizers as a result of
    stringent government regulations across various
    countries. By technology, the Face Detection
    System (FDS) is estimated to gain the largest
    share in the vehicle anti-theft system market due
    to the growing adoption of the lock-unlock
    feature by car manufacturers. It prevents drunk
    driving as it monitors the consciousness of
    drivers through eye movement. Passenger cars is
    estimated to hold the largest market share in the
    vehicle type segment of the vehicle anti-theft
    system market due to the increasing purchasing
    power of consumers, improvement in lifestyle, and
    rapid infrastructure development.

4
Competitive Market Share of Vehicle Anti-Theft
System Market
  • Some of the key market players of the vehicle
    anti-theft system market are Audi AG, BMW AG,
    Daimler AG, Continental AG, Ford Motor Company,
    General Motors Company, Honda Motor Co., Ltd.,
    Hyundai Motor Corporation, Lear Corporation,
    Robert Bosch GmbH, Tesla Inc., Toyota Motor
    Corporation, Volvo Corporation, and ZF-TRW. These
    players are constantly entering into strategic
    partnerships and mergers acquisitions with
    various technology companies to gain a
    competitive advantage and become market leader.
    For instance, Ford Motor Company Mahindra Group
    inked strategic alliances to develop their
    products on multiple areas such as electric
    vehicle, connected vehicle project, and the
    development of compact SUVs. This collaboration
    is expected to focus on enhancing the security
    and anti-theft system over the forecast period.

5

Browse Full Market Research Report On Vehicle
Anti-Theft System Market _at_ https//bit.ly/2UdvuH
S Request for an in-depth table of
contents for this report _at_ https//bit.ly/2UduX8Q
6
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