Car Security System Market - Forecast(2024 - 2030)

Report Code: AM 85553 Report Format: PDF + Excel

Overview

Car Security System Market is forecast to reach $4.78 billion by 2025, after growing at a CAGR of 6.92% during 2020-2025. With the significant rise in the production and sales of cars globally alongside the increasing car thefts is analyzed to impact on the growth of the car security system market during the forecast period 2020-2025.

Key Takeaways

Asia-Pacific dominates the Car Security system market owing to the large manufacturing base of the automobile and also the increasing theft cases in this region.

The advancement in the technologies aiming for the car security are acting as the key driver for the car security system market.

Immobilizer systems is analyzed to hold the significantly highest share in the components, due to high implementation in almost every vehicle owing to the electronic safety provided by the immobilizer.

Component - Segment Analysis

Alarm and central locking system alongside the immobilizer help the driver to lock and unlock the car from remotely. All the cars are mostly equipped with these systems as this avoids the theft of the vehicle by properly locking all the doors and triggers the alarm it the car door is opened forcefully. The GPS tracker is also analyzed to hold a significant share due to the traceability provided by these components in case the car is stolen.

Technology - Segment Analysis

The significant rise in the automotive market is impacting the growth of the car security market. Moreover the significant rise in the car thefts in the regions such as Europe, Australia and so on are creating a dire need for employment of the technologies such as GPS tracking, Face detection, real time location system and so on are analyzed to grow at a significant rate during the forecast period. The GPS technology is included in almost all the vehicles enabling the driver to identify the vehicle in case of the theft. Hence it is holding a significantly highest share and is also analyzed to grow at a higher rate during the forecast period. Adding up to these, the significant rise in the investments for connected cars that involve GPS, real time location system and so on are analyzed to boost the market. Deployment of various technologies including smart key, anti-hijack systems and motion detectors is projected to drive market growth over next few years.

Geography - Segment Analysis

APAC dominated the Car Security system market, followed by North America and Europe. The economy of APAC is mainly influenced by the economic dynamics of countries such as China and India, but with growing foreign direct investment for economic development of South East Asia, the current scenario is changing. China has the largest automotive industry in the world holding 35 percent share in global passenger cars sales in 2017, as stated by OICA.  India also has excellent potential for automotive industry growth in the future. The country's automotive industry experienced 8% growth in production in 2018, over the previous year. Moreover the significant rise in the investments involved in the car manufacturing industries in the APAC region are also impacting the growth of the Car Security system market.

Drivers – Car Security System Market

Increasing technological advancements

The significant rise in the investments for the technologies implemented in the car security systems are impacting on the growth of the car security market. The connected cars widely employ all the technologies involved for car security and the significant rise in the connected cars market is analyzed to impact the car security system market during the forecast period.

Challenges – Car Security System Market

Higher manufacturing costs

The costs involved in the manufacturing of the car security systems and components is significantly high which has become a restraint for the car security market. Due to the higher costs incurred in manufacturing these systems, the manufacturers do not include these systems in the manufacturing of the economic cars

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Car Security market. In 2018, the market of Car Security has been consolidated by the top players including Strattec Security Corporation, Mitsubishi Electric Corporation, Omron Automotive Electronics Co. Ltd, Denso Corporation, Honda Lock Mfg. Co Ltd, Delphi Automotive LLP, Witte Automotive, Continental AG, among others.

Acquisitions/Technology Launches

In 2018, Strattec Security Corporation has launched bolt lock that offers jeep jk spare tire lock.

In Jan 2019, Apple has acquired Drive.ai, a self-driving startup for $200M, for the development of the self-driving cars.

1. Car Security System Market - Overview
        1.1 Definitions and Scope
2. Car Security System Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Car Security System Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Car Security System Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Car Security System Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Car Security System Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Car Security System Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Car Security System Market - By Car Type (Market Size -$Million / $Billion)
8.1 Economic Car
8.2 Mid-Range Car
9. Car Security System Market - By Component (Market Size -$Million / $Billion)
9.1 Alarm And Central Locking System
9.2 Immobilizer System
9.3 Gps Tracker System
9.4 Passive And Keyless Entry
10. Car Security System - By Sales Type (Market Size -$Million / $Billion)
10.1 OEM
10.2 Aftermarket
11. Car Security System- By Geography (Market Size -$Million / $Billion)
        11.1 Car Security System Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Car Security System- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Car Security System- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Car Security System - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong Kong
                  11.8.5.9 Rest of APAC
        11.9 Car Security System-Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Car Security System Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Car Security System Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at a global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Car Security System Market - Key Company List by Country Premium
15. Car Security System Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Continental A.G.
15.3 Delphi Automobile PLC
15.4 Denso Corporation
15.5 Hella kgaa Hueck & Co.
15.6 Lear Corporation
15.7 Mitsubishi Electric Corporation 
15.8 Omron Corporation
15.9 Robert Bosch gmbh
15.10 Tokai Rika Co., Ltd.
15.11 Valeo S.A.
15.12 Company 11
15.13 Company 12 & More
*Financials would be provided on a best efforts basis for private companies
16. Car Security System Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Car Security System Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global Car Security System Market Analysis And Forecast, By Car Type Market 2019-2024 ($M)
1.1 By Car Type Market 2019-2024 ($M) - Global Industry Research
1.1.1 Economic Car Market 2019-2024 ($M)
1.1.2 Mid-Range Car Market 2019-2024 ($M)
2.Global Car Security System Market Analysis And Forecast, By Component Type Market 2019-2024 ($M)
2.1 Alarm And Central Locking System Market 2019-2024 ($M) - Global Industry Research
2.2 Immobilizer System Market 2019-2024 ($M) - Global Industry Research
2.3 Gps Tracker System Market 2019-2024 ($M) - Global Industry Research
2.4 Passive And Keyless Entry Market 2019-2024 ($M) - Global Industry Research
3.Global Car Security System Market Analysis And Forecast, By Sale Channel Type Market 2019-2024 ($M)
4.Global Car Security System Market Analysis And Forecast, By Car Type Market 2019-2024 (Volume/Units)
4.1 By Car Type Market 2019-2024 (Volume/Units) - Global Industry Research
4.1.1 Economic Car Market 2019-2024 (Volume/Units)
4.1.2 Mid-Range Car Market 2019-2024 (Volume/Units)
5.Global Car Security System Market Analysis And Forecast, By Component Type Market 2019-2024 (Volume/Units)
5.1 Alarm And Central Locking System Market 2019-2024 (Volume/Units) - Global Industry Research
5.2 Immobilizer System Market 2019-2024 (Volume/Units) - Global Industry Research
5.3 Gps Tracker System Market 2019-2024 (Volume/Units) - Global Industry Research
5.4 Passive And Keyless Entry Market 2019-2024 (Volume/Units) - Global Industry Research
6.Global Car Security System Market Analysis And Forecast, By Sale Channel Type Market 2019-2024 (Volume/Units)
7.North America Car Security System Market Analysis And Forecast, By Car Type Market 2019-2024 ($M)
7.1 By Car Type Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Economic Car Market 2019-2024 ($M)
7.1.2 Mid-Range Car Market 2019-2024 ($M)
8.North America Car Security System Market Analysis And Forecast, By Component Type Market 2019-2024 ($M)
8.1 Alarm And Central Locking System Market 2019-2024 ($M) - Regional Industry Research
8.2 Immobilizer System Market 2019-2024 ($M) - Regional Industry Research
8.3 Gps Tracker System Market 2019-2024 ($M) - Regional Industry Research
8.4 Passive And Keyless Entry Market 2019-2024 ($M) - Regional Industry Research
9.North America Car Security System Market Analysis And Forecast, By Sale Channel Type Market 2019-2024 ($M)
10.South America Car Security System Market Analysis And Forecast, By Car Type Market 2019-2024 ($M)
10.1 By Car Type Market 2019-2024 ($M) - Regional Industry Research
10.1.1 Economic Car Market 2019-2024 ($M)
10.1.2 Mid-Range Car Market 2019-2024 ($M)
11.South America Car Security System Market Analysis And Forecast, By Component Type Market 2019-2024 ($M)
11.1 Alarm And Central Locking System Market 2019-2024 ($M) - Regional Industry Research
11.2 Immobilizer System Market 2019-2024 ($M) - Regional Industry Research
11.3 Gps Tracker System Market 2019-2024 ($M) - Regional Industry Research
11.4 Passive And Keyless Entry Market 2019-2024 ($M) - Regional Industry Research
12.South America Car Security System Market Analysis And Forecast, By Sale Channel Type Market 2019-2024 ($M)
13.Europe Car Security System Market Analysis And Forecast, By Car Type Market 2019-2024 ($M)
13.1 By Car Type Market 2019-2024 ($M) - Regional Industry Research
13.1.1 Economic Car Market 2019-2024 ($M)
13.1.2 Mid-Range Car Market 2019-2024 ($M)
14.Europe Car Security System Market Analysis And Forecast, By Component Type Market 2019-2024 ($M)
14.1 Alarm And Central Locking System Market 2019-2024 ($M) - Regional Industry Research
14.2 Immobilizer System Market 2019-2024 ($M) - Regional Industry Research
14.3 Gps Tracker System Market 2019-2024 ($M) - Regional Industry Research
14.4 Passive And Keyless Entry Market 2019-2024 ($M) - Regional Industry Research
15.Europe Car Security System Market Analysis And Forecast, By Sale Channel Type Market 2019-2024 ($M)
16.APAC Car Security System Market Analysis And Forecast, By Car Type Market 2019-2024 ($M)
16.1 By Car Type Market 2019-2024 ($M) - Regional Industry Research
16.1.1 Economic Car Market 2019-2024 ($M)
16.1.2 Mid-Range Car Market 2019-2024 ($M)
17.APAC Car Security System Market Analysis And Forecast, By Component Type Market 2019-2024 ($M)
17.1 Alarm And Central Locking System Market 2019-2024 ($M) - Regional Industry Research
17.2 Immobilizer System Market 2019-2024 ($M) - Regional Industry Research
17.3 Gps Tracker System Market 2019-2024 ($M) - Regional Industry Research
17.4 Passive And Keyless Entry Market 2019-2024 ($M) - Regional Industry Research
18.APAC Car Security System Market Analysis And Forecast, By Sale Channel Type Market 2019-2024 ($M)
19.MENA Car Security System Market Analysis And Forecast, By Car Type Market 2019-2024 ($M)
19.1 By Car Type Market 2019-2024 ($M) - Regional Industry Research
19.1.1 Economic Car Market 2019-2024 ($M)
19.1.2 Mid-Range Car Market 2019-2024 ($M)
20.MENA Car Security System Market Analysis And Forecast, By Component Type Market 2019-2024 ($M)
20.1 Alarm And Central Locking System Market 2019-2024 ($M) - Regional Industry Research
20.2 Immobilizer System Market 2019-2024 ($M) - Regional Industry Research
20.3 Gps Tracker System Market 2019-2024 ($M) - Regional Industry Research
20.4 Passive And Keyless Entry Market 2019-2024 ($M) - Regional Industry Research
21.MENA Car Security System Market Analysis And Forecast, By Sale Channel Type Market 2019-2024 ($M)

LIST OF FIGURES

1.US Car Security System Market Revenue, 2019-2024 ($M)
2.Canada Car Security System Market Revenue, 2019-2024 ($M)
3.Mexico Car Security System Market Revenue, 2019-2024 ($M)
4.Brazil Car Security System Market Revenue, 2019-2024 ($M)
5.Argentina Car Security System Market Revenue, 2019-2024 ($M)
6.Peru Car Security System Market Revenue, 2019-2024 ($M)
7.Colombia Car Security System Market Revenue, 2019-2024 ($M)
8.Chile Car Security System Market Revenue, 2019-2024 ($M)
9.Rest of South America Car Security System Market Revenue, 2019-2024 ($M)
10.UK Car Security System Market Revenue, 2019-2024 ($M)
11.Germany Car Security System Market Revenue, 2019-2024 ($M)
12.France Car Security System Market Revenue, 2019-2024 ($M)
13.Italy Car Security System Market Revenue, 2019-2024 ($M)
14.Spain Car Security System Market Revenue, 2019-2024 ($M)
15.Rest of Europe Car Security System Market Revenue, 2019-2024 ($M)
16.China Car Security System Market Revenue, 2019-2024 ($M)
17.India Car Security System Market Revenue, 2019-2024 ($M)
18.Japan Car Security System Market Revenue, 2019-2024 ($M)
19.South Korea Car Security System Market Revenue, 2019-2024 ($M)
20.South Africa Car Security System Market Revenue, 2019-2024 ($M)
21.North America Car Security System By Application
22.South America Car Security System By Application
23.Europe Car Security System By Application
24.APAC Car Security System By Application
25.MENA Car Security System By Application