[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Car Security Systems Market by Type (Alarm, Immobilizer, Remote Keyless Entry (RKE) & Central Locking System) & Region (Asia-Oceania, Europe, North America & ROW) - Industry Trends & Forecast to 2019

September 2014 | 247 pages | ID: C8A9C3A0F47EN
MarketsandMarkets

US$ 5,650.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
Increasing vehicle thefts across the globe, government regulations related to vehicle security, and increased vehicle sales are acting as the main driving factor for growth of the passenger car security systems market. This market is estimated to grow at a significant rate in the next five years. The global passenger car security systems market in terms of volume is projected to reach 290 million units, generating an estimated market value of around $11,533.0 million by 2019. In 2014, the largest market of passenger car security systems is estimated to be in the Asia-Oceania region, followed by Europe, North America, and RoW.

This report segments the market based on system type and region. On the basis of region, it is segmented into Asia-Oceania (China, Japan, South Korea, and India), Europe (Germany, France, and U.K.), North America (U.S., Canada, and Mexico) and Rest of the World (Brazil, Russia, and South-Africa). Based on system type, it is segmented into alarm, immobilizer, remote keyless entry (RKE), and central locking system. Market size in terms of volume is provided in thousand units (‘000 units) and value in terms of USD million ($million). Market estimates are provided for each security system type in all key countries of respective regions considered. The top passenger car security systems suppliers are profiled in detail with their recent developments and their strategic industry activities. The report also provides the qualitative aspects of the passenger car security systems market, such as drivers, restraints, opportunities, and key issues which are affecting the manufacturers and the market for security systems. The report also provides a glance on the key vehicle occupant protection systems provided by major OEM’s.

Major passenger car security system manufacturers are Continental AG (Germany), Robert Bosch GmbH (Germany), Delphi Automotive PLC (U.K.), Lear Corp. (U.S.), Valeo SA (France), and TRW Automotive Holding (U.S.). Other players are operating on a regional level; however, these local players are also collaborating with major players in this industry to increase the quality of their products.
1 INTRODUCTION

1.1 Objectives of the Study
1.2 Report Description
1.3 Scope of the Study
  1.3.1 By Region
    1.3.1.1 Asia-Oceania
    1.3.1.2 Europe
    1.3.1.3 North America
    1.3.1.4 ROW
  1.3.2 By Type
    1.3.2.1 Alarm
    1.3.2.2 Immobilizer
    1.3.2.3 Remote Keyless Entry (RKE)
    1.3.2.4 Central Locking System
  1.3.3 Product Definition
    1.3.3.1 Alarm
    1.3.3.2 Immobilizer
    1.3.3.3 Remote Keyless Entry
    1.3.3.4 Central Locking System
1.4 Stakeholders

2 RESEARCH METHODOLOGY

2.1 Global Passenger Car Security Systems Market
2.2 Description of the Passenger Car Security Systems Demand Model
  2.2.1 Market Size Estimation
2.3 Market Crackdown & Data Triangulation
  2.3.1 Market Share Estimation
  2.3.2 Key Data Taken From Secondary Sources
  2.3.3 Key Data Taken From Primary Resources
2.4 Assumptions

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

4.1 Market Segmentation
4.2 Passenger Car Security Systems Market Overview
  4.2.1 Market Size, By Region
  4.2.2 Market Size, By Type
  4.2.3 Market –Regional Snapshot
  4.2.4 Market By Region & Type Snapshot
  4.2.5 Market Growth Matrix
  4.2.6 Passenger Car Security Systems: Market Share, By Company
4.3 Vehicle theft Statistics of Key Countries
  4.3.1 Europe
  4.3.2 North America
  4.3.3 Asia-Oceania
  4.3.4 ROW

5 MARKET OVERVIEW

5.1 Introduction
5.2 Market Dynamics
  5.2.1 Drivers
    5.2.1.1 Increasing Vehicle thefts
    5.2.1.2 Vehicle Security Regulations
    5.2.1.3 Increasing Consumer Awareness About Sophisticated Vehicle Security Features
  5.2.2 Restraints
    5.2.2.1 High Cost of Premium Security Features
    5.2.2.2 Durability & Reliability of Electronic Components Used in Vehicle Security
  5.2.3 Opportunities
    5.2.3.1 Increasing Demand for Keyless Access & Engine Start Security Systems
    5.2.3.2 Driver Assistance Provided By Security Systems
    5.2.3.3 Growing Use of Smart Mobile Apps in Vehicle Security Systems
  5.2.4 Challenges
    5.2.4.1 High Cost of Subscription Based Vehicle Security Services
    5.2.4.2 Provision for Standard Security Features in Entry-Level Passenger Cars
5.3 Burning Issue
  5.3.1 Hacking Attacks on Vehicle Security Systems
5.4 Winning Imperative
  5.4.1 Integration of Multiple Security Features Into A Single Module
5.5 Porter’s Five force Analysis
  5.5.1 Bargaining Power of Suppliers
  5.5.2 Threat of Substitution
  5.5.3 Threat of New Entrants
  5.5.4 Bargaining Power of Buyers
  5.5.5 Degree of Competition
5.6 Value Chain Analysis
5.7 Market Share Analysis
5.8 Economic Growth Analysis of Key Countries
  5.8.1 India
  5.8.2 China
  5.8.3 France
  5.8.4 Germany
  5.8.5 U.S.
  5.8.6 South Africa
  5.8.7 Russia
  5.8.8 Brazil

6 TECHNOLOGICAL OVERVIEW

6.1 Introduction
6.2 Key Security Systems Used
  6.2.1 Alarms
    6.2.1.1 Car Alarm
    6.2.1.2 Remote Car Alarms
      6.2.1.2.1 Working
  6.2.2 Immobilizers
    6.2.2.1 Working
  6.2.3 Keyless Entry
    6.2.3.1 Remote Keyless Entry (RKE)
      6.2.3.1.1 Working
    6.2.3.2 Passive Entry/Passive Start (PEPS)
      6.2.3.2.1 Working
  6.2.4 Central Locking
6.3 Telematics In Vehicle Security System
  6.3.1 Safety & Security Telematics Market Size
    6.3.1.1 Market Estimates (Volume), By Region
    6.3.1.2 Market Estimates (Value), By Region
6.4 Oem Provided Technologically Advanced Customized Vehicle Security Solutions
  6.4.1 Assist & Security Plus (BMW)
  6.4.2 On Star (GM)
  6.4.3 Tracking Assistant Plus (Audi)
  6.4.4 Tracker Plus (Mercedes-Benz)
  6.4.5 Safety Connect (Toyota)
6.5 Future Technologies
  6.5.1 Biometric Security Solutions
    6.5.1.1 Key Advantages of Biometric Security Solutions
  6.5.2 Voice Recognition Security Solutions
6.6 Overview of Vehicle Occupant Security Systems
  6.6.1 Armored Vehicles Provided By Key Oems
    6.6.1.1 Armored Vehicle Model Specifications

7 PASSENGER CAR SECURITY SYSTEMS MARKET, BY REGION

7.1 Introduction
7.2 Market By Region
  7.2.1 Market Estimates (Volume)
  7.2.2 Market Estimates (Value)
  7.2.3 Asia-Oceania
    7.2.3.1 Market Estimates (Volume), By Country
    7.2.3.2 Market Estimates (Value), By Country
    7.2.3.3 China
      7.2.3.3.1 Market Estimates (Volume), By Type
      7.2.3.3.2 Market Estimates (Value), By Type
    7.2.3.4 Japan
      7.2.3.4.1 Market Estimates (Volume), By Type
      7.2.3.4.2 Market Estimates (Value), By Type
    7.2.3.5 South Korea
      7.2.3.5.1 Market Estimates (Volume), By Type
      7.2.3.5.2 Market Estimates (Value), By Type
    7.2.3.6 India
      7.2.3.6.1 Market Estimates (Volume), By Type
      7.2.3.6.2 Market Estimates (Value), By Type
  7.2.4 Europe
    7.2.4.1 Market Estimates (Volume), By Country
    7.2.4.2 Market Estimates (Value), By Country
    7.2.4.3 Germany
      7.2.4.3.1 Market Estimates (Volume), By Type
      7.2.4.3.2 Market Estimates (Value), By Type
    7.2.4.4 France
      7.2.4.4.1 Market Estimates (Volume), By Type
      7.2.4.4.2 Market Estimates (Value), By Type
    7.2.4.5 U.K.
      7.2.4.5.1 Market Estimates (Volume), By Type
      7.2.4.5.2 Market Estimates (Value), By Type
  7.2.5 North America
    7.2.5.1 Market Estimates (Volume), By Country
    7.2.5.2 Market Estimates (Value), By Country
    7.2.5.3 U.S.
      7.2.5.3.1 Market Estimates (Volume), By Type
      7.2.5.3.2 Market Estimates (Value), By Type
    7.2.5.4 Canada
      7.2.5.4.1 Market Estimates (Volume), By Type
      7.2.5.4.2 Market Estimates (Value), By Type
    7.2.5.5 Mexico
      7.2.5.5.1 Market Estimates (Volume), By Type
      7.2.5.5.2 Market Estimates (Value), By Type
  7.2.6 ROW
    7.2.6.1 Market Estimates (Volume), By Country
    7.2.6.2 Market Estimates (Value), By Country
    7.2.6.3 Brazil
      7.2.6.3.1 Market Estimates (Volume), By Type
      7.2.6.3.2 Market Estimates (Value), By Type
    7.2.6.4 Russia
      7.2.6.4.1 Market Estimates (Volume), By Type
      7.2.6.4.2 Market Estimates (Value), By Type
    7.2.6.5 South Africa
      7.2.6.5.1 Market Estimates (Volume), By Type
      7.2.6.5.2 Market Estimates (Value), By Type

8 MARKET BY TYPE

8.1 Introduction
8.2 Market By Type
  8.2.1 Market Estimates (Volume), By Type
  8.2.2 Market Estimates (Value), By Type
8.3 Alarm
  8.3.1 Market Estimates (Volume), By Region
  8.3.2 Market Estimates (Value), By Region
  8.3.3 Asia-Oceania
    8.3.3.1 Market Estimates (Volume), By Country
    8.3.3.2 Market Estimates (Value), By Country
  8.3.4 Europe
    8.3.4.1 Market Estimates (Volume), By Country
    8.3.4.2 Market Estimates (Value), By Country
  8.3.5 North America
    8.3.5.1 Market Estimates (Volume), By Country
    8.3.5.2 Market Estimates (Value), By Country
  8.3.6 ROW
    8.3.6.1 Market Estimates (Volume), By Country
    8.3.6.2 Market Estimates (Value), By Country
8.4 Immobilizers
  8.4.1 Market Estimates (Volume), By Region
  8.4.2 Market Estimates (Value), By Region
  8.4.3 Asia-Oceania
    8.4.3.1 Market Estimates (Volume), By Country
    8.4.3.2 Market Estimates (Value), By Country
  8.4.4 Europe
    8.4.4.1 Market Estimates (Volume), By Country
    8.4.4.2 Market Estimates (Value), By Country
  8.4.5 North America
    8.4.5.1 Market Estimates (Volume), By Country
    8.4.5.2 Market Estimates (Value), By Country
  8.4.6 ROW
    8.4.6.1 Market Estimates (Volume), By Country
    8.4.6.2 Market Estimates (Value), By Country
8.5 Remote Keyless Entry (Rke)
  8.5.1 Market Estimates (Volume), By Region
  8.5.2 Market Estimates (Value), By Region
  8.5.3 Asia-Oceania
    8.5.3.1 Market Estimates (Volume), By Country
    8.5.3.2 Market Estimates (Value), By Country
  8.5.4 Europe
    8.5.4.1 Market Estimates (Volume), By Country
    8.5.4.2 Market Estimates (Value), By Country
  8.5.5 North America
    8.5.5.1 Market Estimates (Volume), By Country
    8.5.5.2 Market Estimates (Value), By Country
  8.5.6 ROW
    8.5.6.1 Market Estimates (Volume), By Country
    8.5.6.2 Market Estimates (Value), By Country
8.6 Central Locking System
  8.6.1 Market Estimates (Volume), By Region
  8.6.2 Market Estimates (Value), By Region
  8.6.3 Asia-Oceania
    8.6.3.1 Market Estimates (Volume), By Country
    8.6.3.2 Market Estimates (Value), By Country
  8.6.4 Europe
    8.6.4.1 Market Estimates (Volume), By Country
    8.6.4.2 Market Estimates (Value), By Country
  8.6.5 North America
    8.6.5.1 Market Estimates (Volume), By Country
    8.6.5.2 Market Estimates (Value), By Country
  8.6.6 ROW
    8.6.6.1 Market Estimates (Volume), By Country
    8.6.6.2 Market Estimates (Value), By Country

9 COMPETITIVE LANDSCAPE

9.1 Introduction
9.2 Market Players
  9.2.1 Passenger Car Security Systems Manufacturers
    9.2.1.1 Company’s Relative Market Position, By Region
  9.2.2 Key Growth Strategies
9.3 Expansions
9.4 New Product Launches/Developments & R&D
9.5 Agreements, Partnerships, Collaborations, Joint Ventures & Supply Contracts
9.6 Mergers &Acquisitions

10 COMPANY PROFILES (OVERVIEW, FINANCIAL, PRODUCTS & SERVICES, STRATEGY, AND DEVELOPMENTS)

10.1 Alps Electric Co., Ltd.
10.2 Continental AG
10.3 Delphi Automotive PLC
10.4 Hella Kgaa Hueck & Co.
10.5 Lear Corporation
10.6 Mitsubishi Electric Corporation
10.7 Robert Bosch Gmbh
10.8 Trw Automotive Holdings Corp.
10.9 Tokai Rika Co., Ltd.
10.10 Valeo SA (Details Might Not Be Captured in Case of Unlisted Companies.)

LIST OF TABLES

Table 1 Subscription Based Vehicle Security Service Providers
Table 2 Passenger Car Security Systems: Raw Material Suppliers, Component & System Manufacturers & End Users
Table 3 Major Players in Passenger Car Security Systems Market
Table 4 India: Economic Indicator & Description
Table 5 China: Economic Indicator & Description
Table 6 France: Economic Indicator & Description
Table 7 Germany: Economic Indicator & Description
Table 8 U.S.: Economic Indicator & Description
Table 9 South Africa: Economic Indicator & Description
Table 10 Russia: Economic Indicator & Description
Table 11 Brazil: Economic Indicator & Description
Table 12 Safety & Security Telematics Market Size, By Region, 2012–2019 (‘000 Units)
Table 13 Safety & Security Telematics Market Size, By Region, 2012–2019 ($Million)
Table 14 Passenger Car Security Systems Market Size, By Region, 2012-2019 ('000 Units)
Table 15 Market Size, By Region, 2012 -2019 ($Million)
Table 16 Asia-Oceania: Market Size, By Country, 2012-2019 ('000 Units)
Table 17 Asia-Oceania: Market Size, By Country, 2012-2019 ($Million)
Table 18 China Passenger Car Security Systems Market Size, By Type, 2012-2019 ('000 Units)
Table 19 China: Market Size, By Type, 2012-2019 ($Million)
Table 20 Japan Passenger Car Security Systems Market Size, By Type, 2012-2019 ('000 Units)
Table 21 Japan: Market Size, By Type, 2012-2019 ($Million)
Table 22 South Korea: Market Size, By Type, 2012-2019 ('000 Units)
Table 23 South Korea: Market Size, By Type, 2012-2019 ($Million)
Table 24 India: Passenger Car Security Systems Market Size, By Type, 2012-2019 ('000 Units)
Table 25 India: Passenger Market Size, By Type, 2012-2019 ($Million)
Table 26 Europe: Passenger Car Security Systems Market Size, By Country, 2012-2019 ('000 Units)
Table 27 Europe: Market Size By Country, 2012-2019 ($Million)
Table 28 Germany: Market Size, By Type, 2012-2019 ('000 Units)
Table 29 Germany: Market Size, By Type, 2012-2019 ($Million)
Table 30 France Passenger Car Security Systems Market Size, By Type, 2012-2019 ('000 Units)
Table 31 France: Market Size, By Type, 2012-2019 ($Million)
Table 32 U.K Passenger Car Security Systems Market Size, By Type, 2012-2019 ('000 Units)
Table 33 U.K: Market Size, By Type, 2012-2019 ($Million)
Table 34 North America: Passenger Car Security Systems Market Size, By Country, 2012-2019 ('000 Units)
Table 35 North America: Market Size, By Country, 2012-2019 ($Million)
Table 36 U.S: Passenger Car Security Systems Market Size, By Type, 2012-2019 ('000 Units)
Table 37 U.S: Passenger Market Size, By Type, 2012-2019 ($Million)
Table 38 Canada: Passenger Car Security Systems Market Size, By Type, 2012-2019 ('000 Units)
Table 39 Canada: Market Size, By Type, 2012-2019 ($Million)
Table 40 Mexico: Market Size, By Type, 2012-2019 ('000 Units)
Table 41 Mexico: Market Size, By Type, 2012-2019 ($Million)
Table 42 ROW: Market Size, By Country, 2012-2019 ('000 Units)
Table 43 ROW: Market Size, By Country, 2012-2019 ($Million)
Table 44 Brazil: Market Size, By Type, 2012-2019 ('000 Units)
Table 45 Brazil: Market Size, By Type, 2012-2019 ($Million)
Table 46 Russia Passenger Car Security Systems Market Size, By Type, 2012-2019 ('000 Units)
Table 47 Russia: Market Size, By Type, 2012-2019 ($Million)
Table 48 South Africa Passenger Car Security Systems Market Size, By Type, 2012-2019 ('000 Units)
Table 49 South Africa: Market Size, By Type, 2012-2019 ($Million)
Table 50 Market Size, By Type, 2012-2019 (‘000 Units)
Table 51 Market Size, By Type, 2012-2019 ($ Million)
Table 52 Passenger Car Alarm Market Size, By Region, 2012-2019 (‘000 Units)
Table 53 Passenger Car Alarm Market Size, By Region, 2012-2019 ($Million)
Table 54 Asia-Oceania: Passenger Car Alarm Market Size, By Country, 2012-2019 (‘000 Units)
Table 55 Asia-Oceania: Passenger Car Alarm Market Size, By Country, 2012-2019 ($Million)
Table 56 Europe: Passenger Car Alarm Market Size, By Country, 2012-2019 (‘000 Units)
Table 57 Europe: Passenger Car Alarm Market Size, By Country, 2012-2019 ($Million)
Table 58 North America: Passenger Car Alarm Market Size, By Country, 2012-2019 (‘000 Units)
Table 59 North America: Passenger Car Alarm Market Size, By Country, 2012-2019 ($Million)
Table 60 ROW: Passenger Car Alarm Market Size, By Country, 2012-2019 (‘000 Units)
Table 61 ROW: Passenger Car Alarm Market Size, By Country, 2012-2019 ($Million)
Table 62 Passenger Car Immobilizer Market Size, By Region, 2012-2019 (‘000 Units)
Table 63 Passenger Car Immobilizer Market Size, By Region, 2012-2019 ($Million)
Table 64 Asia-Oceania: Passenger Car Immobilizer Market Size, By Country, 2012-2019 (‘000 Units)
Table 65 Asia-Oceania: Passenger Car Immobilizer Market Size, By Country, 2012-2019 ($ Million)
Table 66 Europe: Passenger Car Immobilizer Market Size, By Country, 2012-2019 (‘000 Units)
Table 67 Europe: Passenger Car Immobilizer Market Size, By Country, 2012-2019 ($Million)
Table 68 North America: Passenger Car Immobilizer Market Size, By Country, 2012-2019 (‘000 Units)
Table 69 North America: Passenger Car Immobilizer Market Size, By Country, 2012-2019 ($Million)
Table 70 ROW: Passenger Car Immobilizer Market Size, By Country, 2012-2019 (‘000 Units)
Table 71 ROW: Passenger Car Immobilizer Market Size, By Country, 2012-2019 ($Million)
Table 72 Passenger Car Remote Keyless Entry Market Size, By Region, 2012-2019 (‘000 Units)
Table 73 Passenger Car Remote Keyless Entry Market Size, By Region, 2012-2019 ($Million)
Table 74 Asia-Oceania: Passenger Car Remote Keyless Entry Market Size, By Country, 2012-2019 (‘000 Units)
Table 75 Asia-Oceania: Passenger Car Remote Keyless Entry Market Size, By Country, 2012-2019 ($Million)
Table 76 Europe: Passenger Car Remote Keyless Entry Market Size, By Country, 2012-2019 (‘000 Units)
Table 77 Europe: Passenger Car Remote Keyless Entry Market Size, By Country, 2012-2019 ($Million)
Table 78 North America: Passenger Car Remote Keyless Entry Market Size, By Country, 2012-2019 (‘000 Units)
Table 79 North America: Passenger Car Remote Keyless Entry Market Size, By Country, 2012-2019 ($Million)
Table 80 ROW: Passenger Car Remote Keyless Entry Market Size, By Country, 2012-2019 (‘000 Units)
Table 81 ROW: Passenger Car Remote Keyless Entry Market Size, By Country, 2012-2019 ($Million)
Table 82 Passenger Car Central Locking System Market Size, By Region, 2012-2019 (‘000 Units)
Table 83 Passenger Car Central Locking System Market Size, By Region, 2012-2019 ($Million)
Table 84 Asia-Oceania: Passenger Car Central Locking System Market Size, By Country, 2012-2019 (‘000 Units)
Table 85 Asia-Oceania: Passenger Car Central Locking System Market Size, By Country, 2012-2019 ($Million)
Table 86 Europe: Passenger Car Central Locking System Market Size, By Country, 2012-2019 (‘000 Units)
Table 87 Europe: Passenger Car Central Locking System Market Size, By Country, 2012-2019 ($Million)
Table 88 North America: Passenger Car Central Locking System Market Size, By Country, 2012-2019 (‘000 Units)
Table 89 North America: Passenger Car Central Locking System Market Size, By Country, 2012-2019 ($Million)
Table 90 ROW: Passenger Car Central Locking System Market Size, By Country, 2012-2019 (‘000 Units)
Table 91 ROW: Passenger Car Central Locking System Market Size, By Country, 2012-2019 ($Million)
Table 92 Passenger Car Security Systems: Manufacturers & their Products
Table 93 Expansions, 2011-2014
Table 94 New Product Launches/Developments &R&D, 2011-2014
Table 95 Agreements, Partnerships, Collaborations, Joint Ventures & Supply Contracts, 2011-2014
Table 96 Mergers &Acquisitions, 2011-2014
Table 97 Category & Products offered
Table 98 Category & Products offered
Table 99 Products & their Functions
Table 100 Category & Products offered
Table 101 Category & Products offered
Table 102 Category & Products offered
Table 103 Security Systems & their Description
Table 104 Category & Products offered

The security systems form an integral part of any vehicle produced across the globe. Anti-theft alarms and immobilizers were initially employed by the automobile OEMs to prevent vehicle hijack or thefts. The European region was the first to undergo mandatory adoption of immobilizers in the countries of Germany, the U.K., and Finland. It was then followed by Canada in the North American region, Australia and Malaysia in the Asia-Oceania region, and Brazil in the Rest of the World (RoW). The mandatory usage of immobilizers in all passenger cars sold in these countries was mainly because of the high rates of vehicle crimes. Other security technologies, such as alarms, power door locks, and remote keyless entry (RKE) were further developed to make the complete vehicle security more efficient. Earlier, in the anti-theft alarm system, only a few sensors were used at the doors, but now sensors are even provided inside the vehicle, such as interior pressure sensors, microphone sensors, and shock sensors, which have made the alarm system more efficient.

The need for reliable and improved security systems resulted in the development of the central locking and RKE systems. The RKE systems are linked to the vehicle immobilizer and central locking system. The RKE is used to arm or disarm both the systems in the vehicle. Another key factor responsible for advancements in the vehicle security field is the requirements of insurance companies in vehicles, in order to get it insured. Also, the presence of standard security systems in the vehicles led to lower insurance premiums for the vehicle owners to pay. Thus, globally the number of vehicle thefts started to diminish year-on-year, but the vehicle recovery rate is comparatively low. As time passed by, GPS based tracking and security systems were developed in order to provide further security to the vehicle and increase the chances of recovery of the vehicles, in case they are stolen. General Motors (U.S.) launched the OnStar GPS based service, which provides features such as remote alarm, remote door unlocking, stolen vehicle locator, vehicle slow down, emergency assistance, automatic collision, and more. This technology has been helping in recovering stolen vehicles to a large extent.

After OnStar, OEMs such as BMW, Audi, Mercedes-Benz, and Toyota followed the pursuit and developed their own patented GPS based security services. Currently, these technologies/services are largely found in premium passenger car segment; however, in the coming years the mid-segment cars would also soon come equipped with these systems.

To take step towards anti-theft, Germany, the U.K., Finland, Canada, Australia, Brazil, and Malaysia have issued regulations regarding specific type of security systems such as immobilizers and alarm made mandatory in new cars sold. These regulations mainly gave rise to the demand for immobilizers and alarms. Today, in most of the cars, alarms, immobilizers, key RKE’s and central locking systems are found by default as the standard security systems. It is projected that this demand will keep on growing in the next five years owing to the aforementioned factors. The developing countries such as China, South Korea, India, Brazil, and Russia are expected to drive the market for these systems, as the passenger car sales volume is increasing at a significant rate year-on-year.

According to the study, the passenger car security systems market size in terms of value is estimated to grow from $XX million in 2014 to $XX million by 2019, at a CAGR of XX% during the review period considered (2014 to 2019). As of 2014, the demand for passenger car security systems is estimated to be the largest in the Asia-Oceania region, with a market share of about XX%, followed by Europe (XX%), North America (XX%), and RoW (XX%). Globally, China, the U.S., and Germany are identified to be the largest markets for passenger car security systems in terms of value in 2014 with a share of XX%, XX%, and XX%, respectively.

In terms of growth rate, India, Brazil, South Africa, China, and Russia are identified to show the highest growth for security systems in terms of value for the period under study.



More Publications