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Global Vehicle Anti-Theft System Market Share, Forecast: By Vehicle Type: Passenger Vehicle, Commercial Vehicle, Others; By Product Type: Immobilisers, Alarm, Steering Lock, Central Locking System, Biometric Capture Device, Remote Keyless Entry; By Technology; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
Global Vehicle Anti-Theft System Market Outlook
The global vehicle anti-theft system market attained a value of about USD 12.35 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 6.57% to reach nearly USD 18.08 billion by 2032.
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Increasing Car Ownership Boosting the Growth of the Vehicle Anti-Theft System Industry
The global market for vehicle anti-theft system is being aided by the increasing car ownership in both developing and developed countries due to the inflating disposable income of the growing middle-class population. Moreover, the rising incidences of vehicle theft in emerging economies is increasing the deployment of vehicle anti-theft systems. The rising demand for vehicle anti-theft systems that can offer ease of installation to enhance their cost-effectiveness is significantly contributing to the growth of the market.
Moreover, the development of affordable vehicle anti-theft systems is expected to bolster the industry growth. The growing preference for vehicle anti-theft systems that can be customised in accordance with one’s requirement is predicted to provide further impetus to the market growth in the forecast period.
The extensive use of global positioning system (GPS) technology in vehicle anti-theft systems is propelling the market growth. As global positioning systems can provide real-time location of vehicles, it enables owners to track their vehicles and prevent theft. Moreover, the introduction of various stringent regulations regarding vehicle safety and parking in various countries is fuelling the market growth. As the demand for anti-theft systems that can detect the movement of axes of cars to provide towing alerts to owners is surging, the market is witnessing robust growth.
Vehicle Anti-Theft System: Market Segmentation
A vehicle anti-theft system is a system that prevents unwanted intrusion or theft of a vehicle while enhancing its security. It utilises various technologies to detect potential threats that can lead to the theft of vehicles, due to which it is increasingly deployed by vehicle owners. A vehicle anti-theft system can range from simple vehicle alarms to biometric capture devices.
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The major vehicle types of vehicle anti-theft systems are:
- Passenger Vehicle
- Commercial Vehicle
- Others
The market can be broadly categorised on the basis of its product types into:
- Immobilisers
- Alarm
- Steering Lock
- Central Locking System
- Biometric Capture Device
- Remote Keyless Entry
By technology, the market is divided into:
- Global Positioning System (GPS)
- Global Systems for Mobile Communications (GSM)
- Real Time Location System (RTLS)
- Face Detection System
- Remote Frequency Identification Device (RFID)
- Automotive Biometric Technology
The EMR report looks into the regional markets of vehicle anti-theft system like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Demand for Automotive Biometric Technology to Bolster the Market Growth of Vehicle Anti-Theft System
The integration of various technological advancements in vehicle anti-theft systems are positively impacting the market growth. The deployment of automotive biometric technology to enhance the security of automotive while bolstering the convenience of users is propelling the market growth. The advent of automated vehicles is leading to a surge in the risk of cyberattacks and errors. This, in turn, is escalating the deployment of automotive biometric technology to boost the privacy of owners. Moreover, the rising use of fingerprint technology is expected to enhance anti-theft systems by recognising the fingerprints of drivers to prevent the risk of automobile theft.
The development of multi-modal technologies that scan fingerprint, iris, and facial recognition to prevent the intrusion of unauthorised persons in vehicles is projected to provide further impetus to the growth of the vehicle anti-theft system industry. In addition, leading companies are increasingly initiating various research activities to develop keyless car technology to eliminate the risk of vehicles’ theft through forged keys, which is projected to provide further impetus to the market growth in the forecast period.
Key Industry Players in the Global Vehicle Anti-Theft System Market
The report presents a detailed analysis of the following key players in the global vehicle anti-theft system market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Continental AG
- DENSO Corporation
- Hella KGaA Hueck & Co.
- Lear Corporation
- Mitsubishi Electric Corporation
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Vehicle Type, Product Type, Technology, Region |
| Breakup by Vehicle Type | Passenger Vehicle, Commercial Vehicle, Others |
| Breakup by Product Type | Immobilisers, Alarm, Steering Lock, Central Locking System, Biometric Capture Device, Remote Keyless Entry |
| Breakup by Technology | Global Positioning System (GPS), Global Systems for Mobile Communications (GSM), Real Time Location System (RTLS), Face Detection System, Remote Frequency Identification Device (RFID), Automotive Biometric Technology |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Continental AG, DENSO Corporation, Hella KGaA Hueck & Co., Lear Corporation, Mitsubishi Electric Corporation, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Vehicle Anti-Theft System Market Analysis
8.1 Key Industry Highlights
8.2 Global Vehicle Anti-Theft System Historical Market (2018-2023)
8.3 Global Vehicle Anti-Theft System Market Forecast (2024-2032)
8.4 Global Vehicle Anti-Theft System Market by Vehicle Type
8.4.1 Passenger Vehicle
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Commercial Vehicle
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Others
8.5 Global Vehicle Anti-Theft System Market by Product Type
8.5.1 Immobilisers
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Alarm
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Steering Lock
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Central Locking System
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Biometric Capture Device
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Remote Keyless Entry
8.5.6.1 Historical Trend (2018-2023)
8.5.6.2 Forecast Trend (2024-2032)
8.6 Global Vehicle Anti-Theft System Market by Technology
8.6.1 Global Positioning System (GPS)
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Global Systems for Mobile Communications (GSM)
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Real Time Location System (RTLS)
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Face Detection System
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Remote Frequency Identification Device (RFID)
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Automotive Biometric Technology
8.6.6.1 Historical Trend (2018-2023)
8.6.6.2 Forecast Trend (2024-2032)
8.7 Global Vehicle Anti-Theft System Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Vehicle Anti-Theft System Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Vehicle Anti-Theft System Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Vehicle Anti-Theft System Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Vehicle Anti-Theft System Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Vehicle Anti-Theft System Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Continental AG
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 DENSO Corporation
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Hella KGaA Hueck & Co.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Lear Corporation
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Mitsubishi Electric Corporation
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Vehicle Anti-Theft System Market: Key Industry Highlights, 2018 and 2032
2. Global Vehicle Anti-Theft System Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2023
3. Global Vehicle Anti-Theft System Market Forecast: Breakup by Vehicle Type (USD Billion), 2024-2032
4. Global Vehicle Anti-Theft System Historical Market: Breakup by Product Type (USD Billion), 2018-2023
5. Global Vehicle Anti-Theft System Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
6. Global Vehicle Anti-Theft System Historical Market: Breakup by Technology (USD Billion), 2018-2023
7. Global Vehicle Anti-Theft System Market Forecast: Breakup by Technology (USD Billion), 2024-2032
8. Global Vehicle Anti-Theft System Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Vehicle Anti-Theft System Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Vehicle Anti-Theft System Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Vehicle Anti-Theft System Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Vehicle Anti-Theft System Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Vehicle Anti-Theft System Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Vehicle Anti-Theft System Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Vehicle Anti-Theft System Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Vehicle Anti-Theft System Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Vehicle Anti-Theft System Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Vehicle Anti-Theft System Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Vehicle Anti-Theft System Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Vehicle Anti-Theft System Market Structure
Key Questions Answered in the Report
In 2023, the global vehicle anti-theft system market attained a value of nearly USD 12.35 billion.
The market is projected to grow at a CAGR of 6.57% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 18.08 billion by 2032.
The market is being aided by the growing car ownership, the rising demand for customisable vehicle anti-theft systems, and the introduction of stringent government regulations.
The industry is projected to be propelled by technological advancements, the growing demand for autonomous vehicles, the rising deployment of automotive biometric technology, and the development of keyless car technology.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major vehicle types of vehicle anti-theft system in the industry are passenger vehicle and commercial vehicle, among others.
The significant product types in the market are immobilisers, alarm, steering lock, central locking system, biometric capture device, and remote keyless entry.
The various technologies of vehicle anti-theft system are global positioning system (GPS), global systems for mobile communications (GSM), real time location system (RTLS), face detection system, remote frequency identification device (RFID), and automotive biometric technology.
The major players in the industry are Continental AG, DENSO Corporation, Hella KGaA Hueck & Co., Lear Corporation, and Mitsubishi Electric Corporation, among others.
Analyst Review
The global vehicle anti-theft system market attained a value of nearly USD 12.35 billion in 2023, driven by the growing car ownership. Aided by the growing technological advancements, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 6.57%. The market is projected to reach about USD 18.08 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its vehicle types, the vehicle anti-theft system industry can be segmented into passenger vehicle and commercial vehicle, among others. On the basis of product types, the industry is divided into immobilisers, alarm, steering lock, central locking system, biometric capture device, and remote keyless entry. By technology, the market is divided into global positioning system (GPS), global systems for mobile communications (GSM), real time location system (RTLS), face detection system, remote frequency identification device (RFID), and automotive biometric technology. The major regional markets for vehicle anti-theft system are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Continental AG, DENSO Corporation, Hella KGaA Hueck & Co., Lear Corporation, and Mitsubishi Electric Corporation, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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