Britons Spending Heavily on Security Accessories for their Automobiles
DUBLIN, Ireland--Sept. 2, 2005--Research and Markets (http://www.researchandmarkets.com/reports/c23618) has announced the addition of Vehicle Security Devices Market in the UK (2005 -2009) to their offering.With a large number of Britons spending heavily on security accessories for their automobiles, the market for vehicle security devices has experienced a boom. It is because of this that the car thefts have receded significantly in the United Kingdom since 1997. Further, the rationalization and consolidation on international vehicle security devices across the world, especially among the Western countries, has contributed to the growth of this market rapidly. In light of increasing sales value, this market research report "Vehicle Security Devices Market in UK (2005 - 2009)" addresses the changing pattern of consumer behavior, analyzes demand for advanced security devices, car locks and immobilizers in UK.
Valued at GBP 311million (GBP) in 2004, the market for motor security devices in UK is estimated to witness significant growth, reaching approximately GBP 409million (GBP) by 2009. In addition, an official consent by U.K. Department for Transport recently, over the application of RFID-tagged license plates for private and commercial vehicles, got some overwhelming responses from local and international investor groups. Based on this changing scenario, analysts envision new business opportunities for the small and medium sized UK motor security device markets by 2009.
This report examines the market for security equipment and commercial vehicle markets in UK and includes statistical information on the sale of car locks, mechanical devices, vehicle tracking systems, electronic immobilizers, and other security applications used by the Britons in recent years. The report also contains the profiles of some of the leading competitors in each of these segments as well as the latest technological developments, market shares, mergers, and acquisitions in the market.
Companies mentioned:
- Autolok Security Products Ltd.
- CE Marshall Ltd.
- Directed Electronics Inc.
- Electro Systems Ltd.
- HUF UK Ltd.
- Retainagroup Ltd.
- Toad Group PLC.
- Tracker Network (UK) Ltd.
- Trackstar Ltd.
- Weston Body Hardware Ltd.
- NavTrak
- Laserline Direct Ltd.
- Alpha Dot Security Ltd.
For more information visit http://www.researchandmarkets.com/reports/c23618