Car Security Market, by Car Type (Economic Cars, Mid-Range Cars, Premium cars), by Sales Channel (OEM, Aftermarket), by Product Type (Immobilizer system, Remote Central Locking System, Alarm System, Other Systems) and by Region (North America, Europe, Asi

Car Security Market, by Car Type (Economic Cars, Mid-Range Cars, Premium cars), by Sales Channel (OEM, Aftermarket), by Product Type (Immobilizer system, Remote Central Locking System, Alarm System, Other Systems) and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Car security system or vehicle security system is an intelligent electronic device installed in the car, in order to dissuade theft of the vehicle itself, the content in it or both. Generally, high-end vehicles are equipped with car security system with basic anti-theft solutions in mid-range cars. Car security system varies according to the type of car. Generally, high-end vehicles are equipped with car security system with basic anti-theft solutions in mid-range cars. Over the years, automakers have introduced innovative vehicle security systems such as alarm system, which produces an audible albeit loud sound when there is an attempt of unauthorized entry. Furthermore, high-end luxury cars have immobilizer system, wherein the security system restricts the car’s movement by locking gear, steering wheel, lever or electronics systems.
Increasing car thefts worldwide has compelled the car owners to deploy advanced security systems in their vehicles. The increase in car enhanced security measures and technologies have encouraged car owners to adopt anti-theft solutions for their cars. Thus, improved security system and growing awareness among consumers regarding benefits of car security systems are expected to boost the global car security system market growth over the forecast period. According to Germany’s BKA Federal Police, in 2015, around 18,500 stolen vehicles were not recovered. According to Federal Bureau of Investigation (FBI), in 2012, around 721,053 motor vehicle thefts were reported. This was a 0.6% Y-o-Y increase in vehicle theft and a loss of US$ 4.3 Bn worth of vehicles.
Market Taxonomy
This report segments the global car security system market on the basis of car type, sales channel, product type and region. On the basis of car type, the market is segmented into Economic Cars, Mid-Range Cars, and Premium cars. On the basis of sales channel, the market is segmented into OEM, and aftermarket. On the basis of product type, the market is segmented into immobilizer system, remote central locking system, alarm system and others.
For a comprehensive understanding of market dynamics, the market is analyzed across key geographical regions, namely, North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Each of these regions is analyzed on the basis of market findings across major countries in these regions, for a macro-level understanding of the market.

Key features of the study:
This report provides an in-depth analysis of the global car security system market with market size (Thousand Units and US$ Million) and CAGR (%) over the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by leading players
It profiles leading players in the global car security system market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
Key companies covered as part of this study include Omron Corporation, Tokai Rika Co., Ltd., Valeo S.A., Continental AG, Delphi Automotive PLC, Robert Bosch GmbH, Denso Corporation, Mitsubishi Electric Corporation, and Panasonic Corporation among others.
Insights from this report will allow marketers and management authorities of companies to make informed decisions with respect to future product launches, technology upgrades, market expansion, and marketing tactics
Various strategy matrices used in analyzing the global Car security system Market would provide stakeholders vital inputs to make strategic decisions accordingly

Detailed Segmentation:
Global Car Security System Market, By Car Type:
Economic Cars
Mid-Range Cars
Premium Cars
Global Car Security System Market, By Sales Channel:
OEM
Aftermarket
Global Car Security System Market, By Product Type:
Immobilizer system
Remote Central Locking System
Alarm System
Other Systems
Company Profiles
Omron Corporation
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Tokai Rika Co., Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Valeo S.A
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Continental AG
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Delphi Automotive PLC
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Robert Bosch GmbH
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Denso Corporation
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Mitsubishi Electric Corporation
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Panasonic Corporation
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
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