In a recent business intelligence study, FactMR presents the nitty-gritty of the global vehicle anti-theft system market considering 2012-2016 as the historic year and 2017–2022 as the stipulated timeframe.
The business report highlights the drivers, restraints, opportunities and trends affecting vehicle anti-theft system market growth.
Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.The vehicle anti-theft system market report highlights the following players:OMRON CorporationRobert Bosch GmbHZF TRW Automotive Holdings CorporationDelphi Automotive Plc.OthersThe vehicle anti-theft system market report examines the operating pattern of each player – new product launches, partnerships, and acquisitions – has been examined in detail.As per this assessment, several influential factors have been concluded so as to determine the expected transformations set to occur in the global vehicle anti-theft system market.
With alarming instances of vehicle thefts all around the world, the demand for vehicle anti-theft system has experienced a major escalation.
Furthermore, technologically upgraded vehicle anti-theft systems with the integration of smartphones & smartwatches have surely favored the global vehicle anti-theft system market to attract more customers.
The report discourses the global vehicle anti-theft system market is anticipated to acquire a valuation of US$ 9,670.5 Mn by 2022-end.
According to IMARC Group’s latest report, titled “Vehicle Anti-Theft System Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,”.
The vehicle anti-theft systems market, however, is expected to recover from 2021 onwards and exhibit moderate growth during 2021-2025.A vehicle anti-theft system is an integrated security device that inhibits any unauthorized access to the vehicle.
The system enhances vehicle security, prevent illegal activities, and provide real-time tracking of the automobile.
As a result, the anti-theft system is widely installed in passenger cars, two-wheelers, commercial vehicles, and off-highway vehicles.Request for a free sample copy of this report: https://www.imarcgroup.com/vehicle-anti-theft-system-market/requestsampleMarket TrendsThe increasing number of safety regulations due to the growing incidences of vehicle theft is primarily augmenting the demand for vehicle anti-theft systems.
Besides this, the expanding vehicle fleet and increasing consumer awareness towards numerous benefits of anti-theft devices are also catalyzing the product demand.
Moreover, the emergence of advanced anti-theft devices integrated with Internet-of-Things (IoT) and near field communication (NFC) technologies is further driving the market growth.