Vehicle Anti-Theft System Market to Surpass USD 11.6 Bn by 2021, Projects MarketsandMarkets in Its New Report Recently Added at MarketPublishers.com
LONDON–(BUSINESS WIRE)–#market–Constantly increasing demand along with enhancing awareness of safety
technologies propels the vehicle anti-theft system market growth. This
market is poised to grow from the current value of USD 8.33 billion to
exceed USD 11.6 billion by the year 2021, registering a CAGR of almost
7% in the next five years. Other important market growth drivers include
rising vehicle sales, favourable government initiatives and increasing
number of vehicle thefts cases. However, the escalating productions
costs make premium safety features beyond means of consumers, this could
hamper growth in the vehicle anti-theft system market in the offing.
This year, the immobilizer sector ranks the first in the overall vehicle
anti-theft system market, holding the largest market share. Ongoing
technological advancements perform as the major growth driver for the
immobilizer sector. The latest immobilizer system for vehicles sends a
message, including additional info, for instance, the GPS location of
the vehicle or the image of a person in the driver seat, to the vehicle
user in case of forced entry.
Today, APAC is the biggest regional market for vehicle anti-theft
systems. This regional market is expected to see the highest CAGR
between 2016 and 2021, boosted by increasing vehicle production and
rising adoption of safety features in commercial vehicles, passenger
cards and off-highway vehicles.
Cutting-edge MarketsandMarkets research publication “Vehicle
Anti-Theft System Market by Product, Technology, Vehicle Type, and
Region – Global Forecast to 2021” has been recently uploaded at
MarketPublishers.com.
Report Details:
Published: October, 2016
Pages: 157
Price: US$ 5,650.00
This report presents a detailed guide to the world’s vehicle anti-theft
systems market, including trustworthy data on the historical, current
and projected market performance at different geographical levels.
Report Scope:
- detailed analysis of the vehicle anti-theft systems market;
- historical insights;
-
granular analysis of the major growth influencing factors (drivers,
limiters, opportunities and challenges); - overview of the recent product developments and innovations;
-
info on the competitive landscape and profiles of top ten companies
(with details on product & services portfolio, the recent financial
activities and business strategies, and contact details); -
in-depth analysis of the current situation across the main regional
markets for vehicle anti-theft systems; -
comprehensive market assessment on the basis of products, technologies
and vehicle types; - Porter’s five forces analysis;
- future forecasts through 2021;
- etc.
Many other insightful market research studies by MarketsandMarkets are
available in
this Market Publishers’ catalogue.
Contacts
The Market Publishers, Ltd.
Natalie Aster
Tel: +44 208 144 6009
Fax:
+44 207 900 3970
ps@marketpublishers.com
MarketPublishers.com
