DUBLIN—Research and Markets has announced the addition of the "Global Car Security Systems Market: Analysis of Growth, Trends Progress and Challenges (2015-2020)" report to their offering.

The Car Security Systems Market is expected to grow at a CAGR of 4.24% by the year 2020.

The incidents of car theft have come down significantly in recent years, and that can be attributed to the rising usage of the car security systems. But the number is still disturbingly high and the theft numbers are concentrated amongst entry level cars, which have basic security systems. The incidence of theft amongst luxury cars, which have state of the art security systems, is relatively less pointing towards the effectiveness of having modern security systems in the car.

The market is matured in the developed regions of North America and Europe, where most cars come factory equipped with various car security systems. Legislation in vehicle security will play an important role in the expansion of the market. Many countries, including emerging markets such as Brazil and Malaysia, have legislations that require each new car produced to have immobilizers present. However, this legislation is not there in many fast growing and big markets like India. But most major markets, in the coming years will have basic car safety regulations, which will boost the car security market globally.

The demand for immobilizers is expected to rise fastest amongst all categories, as most new automobiles coming post 2020, globally are expected to feature these systems.

Companies Mentioned:

  • Alps Electric
  • Bosch
  • Clifford
  • Continental
  • Delphi Automotive
  • Hella
  • Lear
  • Mitsubishi Electric
  • Pricol
  • Tokai Rika
  • Valeo
  • Viper

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Overview And Trends

4. Market Dynamics

5. Car Security Systems Market, Segmented By Type

6. Car Security Systems Market, Segmented By Region

7. Competitive Landscape

8. Key Vendor Analysis

9. Future Outlook Of The Market

For more information visit http://www.researchandmarkets.com/research/tszbff/global_car

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Car Electronics and GPS, Physical Access Control