Press Release

Global Passenger Car Security Systems 2019 Research – Industry Study, Growth, Size, Share, Trends, Forecast to 2024

Passenger Car Security Systems

Global “Passenger Car Security Systems Market” an overview of the global market is provided with a prime focus on factors boosting and hampering the market. This will help investors get a clear understanding of which aspects to focus on and how to economically support the market globally. The impact of the prevailing regulatory scenarios on both regional and worldwide Passenger Car Security Systems market is provided in detail in the report.

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report:

  • Bosch
  • Continental
  • Delphi Automotive
  • Alps Electric
  • TRW Automotive
  • Lear
  • Hella
  • Valeo
  • Tokai Rika
  • Mitsubishi
  • Fortin
  • Viper
  • Avital
  • Cheetah
  • Mitech
  • Compustar
  • Autowatch
  • Crimestopper
  • Scorpion Group
  • iKeyless
  • Changhui
  • Yamei
  • Hirain
  • Shouthern Dare
  • Hongtai

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    Passenger car security systems are systems designed to permit or deny access to vehicles. Advanced microelectronics and RF technologies have improved security functions and featured new capabilities. Currently, the technologies most widely and successfully applied in these systems are Immobilizer, RKE, PKE and PKG.As international economic situation is complicated, in the next few years there will be many uncertainties although. Due to the government’ policy and the high production of passenger car security systems in the international market, the current demand for passenger car security systems product is relatively high in the mature market, such as Japan, EU, US and China.In 2014, the global production of the passenger car security systems reaches over 126 million units; the growth rate is around 5% during the last five years. And we estimate the growth rate will be stable in the following years. According to this study, over the next five years the Passenger Car Security Systems market will register a 1.7% CAGR in terms of revenue, the global market size will reach US$ 7460 million by 2024, from US$ 6870 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Passenger Car Security Systems business.   

    Segmentation by product type:

  • Immobilizer
  • Remote Keyless Entry (RKE)
  • Passive Keyless Entry (PKE)
  • Passive Keyless Go (PKG)

    Segmentation by application:

  • OEM
  • Aftermarket

    This report also splits the market by region:

    • Americas
    • United States
    • Canada
    • Mexico
    • Brazil
    • APAC
    • China

    This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of the Passenger Car Security Systems market, to estimate the size of various other dependent submarkets in the overall market. All percentage shares split, and breakdowns have been determined using secondary sources and verified primary sources.

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    Research objectives

    To study and analyze the global Passenger Car Security Systems consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.

    To understand the structure of the Passenger Car Security Systems market by identifying its various subsegments.

    Focuses on the key global Passenger Car Security Systems manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in the next few years.

    To analyze the Passenger Car Security Systems with respect to individual growth trends, future prospects, and their contribution to the total market.

    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

    To project the consumption of Passenger Car Security Systems submarkets, with respect to key regions (along with their respective key countries).

    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

    To strategically profile the key players and comprehensively analyze their growth strategies.

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