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The global Remote Vehicle Shutdown Market is forecasted to be worth USD 679.7 Million by 2027, according to a current analysis by Emergen Research.
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Remote Vehicle Shutdown Market Size Worth USD 679.7 Million by 2027 www.emergenresearch.com
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Market Summary The global Remote Vehicle Shutdown Market is forecasted to be worth USD 679.7 Million by 2027, according to a current analysis by Emergen Research. The rising cases of robbery in commercial vehicles entail the need for advanced technologies to protect the vehicle. Due to the robberies, the logistics industry frequently suffers massive losses and increased demand for advanced technology to prevent the robberies, which is expected to propel the market growth over the forecast period. Besides, the rapid adoption of IoT and Artificial intelligence in the vehicle to provide improved reliability and security is anticipated to further propel the market growth over the forecast timeframe. However, it is anticipated that privacy issues and the risk of automotive damage due to the engines' lockdown will restrain the market growth over the forecast timeframe. www.emergenresearch.com
Market Summary • Some Key Highlights from the Report • In January 2019, in partnership with LoJack, Pioneer Electronics Inc. introduced the rDrive, a connected service solution. By allowing improved accessibility, surveillance, location-based services, and in-vehicle Wi-Fi hotspots, rDrive enhances the experience of vehicle ownership and driving. This will enhance LoJack position in the U.S. • Due to the growing integration of IoT, artificial intelligence, and other automation processes in the vehicle, the automatic segment is anticipated to dominate the market with a CAGR of 8.0% over the forecasted period. • Over the forecast timeframe, the petrol segment is expected to dominate the market as petrol is cheaper than diesel, and cars seem to be slightly convenient to purchase and maintain. • To receive a free sample of the report, visit @ https://www.emergenresearch.com/request-sample/202 www.emergen research.com
Market Summary • Emergen Research has segmented the global Remote Vehicle Shutdown Market on the basis of type, propulsion, vehicle, and region: • Type Outlook (Revenue, USD Million; 2017-2027) • Automatic • Manual • Propulsion Outlook (Revenue, USD Million; 2017-2027) • · Electric • · Diesel • · Petrol • Vehicle Outlook (Revenue, USD Million; 2017-2027) • · Commercial • · Passenger • Request a discount on the report @ https://www.emergenresearch.com/request-discount/202
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