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 Corporation
- Robert Bosch GmbH
- ZF TRW Automotive Holdings Corporation
- Delphi Automotive Plc.
- Others
The 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. Such higher revenue shares are motivated with high-end improvements including GPS-tracking and fuel-oriented updates, thereby, pushing the adoption of vehicle anti-theft systems.
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Active Incorporation of Face-Detection Technology to Draw Serious Traction
According to research insights, face-detection technology has been proving its ground to replace the concept of car key by user face identification. With the current advances in automotive electronics, there is a boost in the offering of multiple vehicle anti-theft system technologies that does offer face-detection technology merged with safety and luxury. It has been observed that automotive biometric technology is likely to register improved performance; whereas, real-time location technology records for the second largest share across the vehicle anti-theft system market.
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OverviewThe Global Vehicle Anti-Theft Market an anti-theft system is used in the vehicles to prevent an unauthorized access to the vehicles.
It also provides advanced protection like stolen vehicle tracking, microprocessors with digital signal processing, ultrasonic sensors, rechargeable batteries, and closed tool chain for configuration and simulation.
According to a recent study report published by the Market Research Future, The global market of Vehicle Anti-Theft is booming and expected to gain prominence over the forecast period.
The market is forecasted to demonstrate a stunning growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2022).Get free sample pdf @ https://www.marketresearchfuture.com/sample_request/2036There are various trends evolved in the anti-theft vehicle system which are implemented using Global Positioning System (GPS) and Global System for Mobile Communication (GSM).
There are various developments taken place in the anti-theft system which includes operation of ARM 7 microcontroller, GSM and GPS module simultaneously with an accelerometer and temperature sensor, hybrid GPS-GSM localization of vehicles Tracking System, security system based on RFID, GPS and GSM, and among others.
All the above models are effective in terms of vehicle security is concerned.There are various anti-theft devices used in order to keep the car safe which includes steering wheel lock, Tire lock, baby monitoring, kill switch, electronic tracking system, and among others.
