Technological Advancements & the Growth of the Automotive Industry are Expected to Drive the Vehicle Anti-Theft System M

1. Technological Advancements & the Growth of the Automotive Industry are Expected to Drive 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. The vehicle anti-theft system market, in terms of value, is projected to grow at a CAGR of 7.76% from 2016 to 2021. The market is estimated to be USD 6.59 Billion in 2016, and is projected to reach USD 9.57 Billion by 2021. The growth of this market is fueled by increasingly stringent safety regulations, technological advancements, and the growing adoption of biometric technologies. 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. Speak to our analyst about Vehicle anti-theft system Market The market report analyzes and forecasts (2016 to 2021) the market size, in terms of volume (units) and value (USD million), of the market. The report segments the global market and forecasts its size, by volume and value, on the basis of region (Asia-Pacific, Europe, North America, and Rest of the World (RoW)). It provides a detailed analysis of various forces acting in the market (drivers, restraints, opportunities, and challenges). It also segments the vehicle anti-theft system market and forecasts its size, by volume and value, on the basis of product type (alarms, immobilizers, steering locks, biometric capture devices, and passive keyless entry systems). Additionally, it segments the market and forecasts its size, by volume and value, on the basis of technology (global positioning system, global system for mobile communication, face detection system, real- time location system, remote frequency identification device, and automotive biometric technology). The report strategically profiles key players and comprehensively analyzes their market shares and core competencies. It also tracks and analyzes competitive developments such as joint ventures, mergers & acquisitions, new product launches, expansions, and other activities carried out by key industry participants. The research methodology used in the report involves various secondary sources such as Society of Indian Automobile Manufacturers (SIAM), China Association of Automobile Manufacturers (CAAM), Japan Automobile Manufacturers Association (JAMA), and paid databases and directories. Experts from related industries and suppliers have been interviewed to understand the future trends of this market. The bottom-up approach has been used to estimate and validate the size of the global market. The market size, by volume, is derived by identifying the country-wise production volumes and analyzing the demand trends. 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 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 of Vehicle anti-theft system Market

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