Vehicle Anti-Theft System Market to Witness Robust Expansion by 2028

With the increase in vehicle sales due to the increase in consumer purchasing power in developing economies, the market for vehicle anti-theft systems is proliferating. The anti-theft system is a vehicle alarm used to prevent unauthorized access inside a vehicle and ensure the safety of passengers and the vehicle. Car manufacturers have increased the installation of the anti-theft system to prevent it from being used by an unauthorized person. With the advances in technology over the years, the vehicle’s anti-theft system has allowed advanced protection such as determining the exact location of the vehicle, detecting intrusion and detection devices and battery-powered sounders. The growing risk of theft is driving the market for vehicle anti-theft systems.

Company Profile

• Continental AG
• Lear Corporation
• Tokai Rika Ltd.
• Delphi Automotive LLP
• Johnson Electric
• VOXX International Corp.
• Mitsubishi Electric Corporation
• ZF Friedrichshafen AG

Market Segmentation

By Vehicle Type:

• Passenger Cars
• Commercial Vehicle
• OTR

By Product:

• Alarm
• Passive Keyless Entry
• Immobilizer
• Steering Lock
• Biometric Capture Device
• Central Locking System

By Application:

• Prototyping & Tooling
• Manufacturing Complex Components
• Research, Development & Innovation

Scope of the Report

The research study analyzes the Vehicle Anti-Theft System Market 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

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 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Vehicle Anti-Theft System Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Vehicle Anti-Theft System Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Key Benefits of Buying the Vehicle Anti-Theft System Market Report:

• Comprehensive analysis of the changing competitive landscape.
• Assists in decision making processes for the businesses along with detailed strategic planning methodologies.
• The report offers an 8-year forecast and assessment of the Vehicle Anti-Theft System
• Helps in understanding the key product segments and their estimated growth rate.
• In-depth analysis of market drivers, restraints, trends, and opportunities.
• Comprehensive regional analysis of the Vehicle Anti-Theft System
• Extensive profiling of the key stakeholders of the business sphere.
• Detailed analysis of the factors influencing the growth of the Vehicle Anti-Theft System Market.