Face Detection System to Be the Largest Contributor to the Vehicle Anti-Theft System Market

1. Face Detection System to Be the Largest Contributor to the Vehicle Anti- Theft System Market The report "Vehicle Anti-Theft System Market by Product (Steering Lock, Alarm, Biometric Capture Device, Immobilizer), Technology (GPS, GSM, RTLS), Vehicle Type (Passenger Car, Commercial Vehicle, Off-Highway Vehicle), and Region - Global Forecast to 2021", The vehicle anti-theft system market is estimated to be USD 6.59 Billion in 2016, and is projected to grow to USD 9.57 Billion by 2021, at a CAGR of 7.76%. The growing demand for multifactor authentication and technological advancements in vehicle anti-theft systems are some of the key factors fueling the growth of this market. Browse 93 market data tables and 61 figures spread through 154 pages and in-depth TOC on “Vehicle Anti- Theft System Market by Product (Steering Lock, Alarm, Biometric Capture Device, Immobilizer), Technology (GPS, GSM, RTLS), Vehicle Type (Passenger Car, Commercial Vehicle, Off-Highway Vehicle), and Region - Global Forecast to 2021” https://www.marketsandmarkets.com/Market-Reports/vehicle-anti-theft-system-market-85985251.html Early buyers will receive 10% customization on reports. Face detection systems to hold the largest share in the vehicle anti-theft system market, by technology The face detection system (FDS) segment is estimated to account for the largest share in the vehicle anti-theft system market. FDS is currently being incorporated in vehicles to prevent drunk driving. The system is used to monitor the drivers state of consciousness through eye movement. It also identifies an authorized vehicle-user based on a facial recognition system. Additionally, the vehicle immobilizer system sends a message to the registered phone number of the vehicle-user in case of any discrepancy. These features are increasing the demand for this technology. Immobilizers: A promising market due to stringent safety regulations The immobilizer segment is estimated to hold the largest share in the vehicle anti-theft system market, by product. Mandatory installation of immobilizers has drastically reduced thefts in various countries. The growing demand for safety features as a result of government regulations has boosted the market for immobilizers. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=85985251 The global market has been segmented on the basis of product, technology, vehicle type, and region. The market has been segmented on the basis of product type into alarms, steering locks, immobilizers, passive

2. keyless entry, biometric capture devices, and central locking. The immobilizer segment is estimated to account for the largest market share, in terms of value, in 2016. The vehicle anti-theft system market has been segmented by technology into global positioning system, global system for communication, face detection system, real-time location system, remote frequency identification device, and automotive biometric technology. The automotive biometric technology segment is expected to hold the largest market share, by value, in 2016. A key factor driving the global market is the progressively stringent safety regulations in the automotive industry. Upcoming advanced safety technologies are also expected to boost market growth. The ecosystem of the vehicle anti-theft system industry consists of manufacturers such as Robert Bosch GmbH (Germany), Continental AG (Germany), and Lear Corporation (U.S.), research institutes such as the Automotive Research Association of India (ARAI), European Automotive Research Partners Association (EARPA), and the United States Council for Automotive Research (USCAR), and regional automobile associations such as China Association of Automobile Manufacturers (CAAM), Japan Automobile Manufacturers Association (JAMA), and the European Automobile Manufacturers Association (ACEA). Target Audience Manufacturers of vehicle anti-theft systems Dealers and distributors of vehicle anti-theft systems Industry associations Investment firms Equity research firms Private equity firms Asia-Pacific: Largest market for vehicle anti-theft systems Asia-Pacific is estimated to account for the largest share, in terms of value, of the vehicle anti-theft system market in 2016. The demand for anti-theft systems in this region is triggered by the growing population in urban areas. The automotive industry in Asia-Pacific has witnessed a year-on-year increase in sales. The region is also the leading producer of automobiles in the world. The Asia-Pacific region is estimated to dominate this market, in terms of value, in 2016. The increasing demand for multifactor authentication and rising use of biometric technology are key factors driving the growth of the vehicle anti-theft system market across all regions. The report analyzes all major players in the vehicle anti-theft system market, including Robert Bosch GmbH (Germany), Continental AG (Germany), Lear Corporation (U.S.), and ZF-TRW (U.S.). Request Sample: https://www.marketsandmarkets.com/requestsample.asp?id=85985251

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