Overview
Automotive immobilizer technology market is categorized into Electronic Key, Electronic Code and Other. An automotive immobilizer is primarily an anti-theft system that prevents the vehicle to get started by a fake key or a duplicate key. Most of the modern vehicles come with an electronic key, which consists of electronic codes. When the key is inserted into the vehicle's starting system, the same transmits the electronic code to the vehicle's ECU contained within the immobilizer. If the transmitted codes sent by the transponder chip, placed inside the electronic key, matches with that of the vehicle's immobilizer system, the vehicle will start. In all other conditions, the vehicle would not start representing a condition of a false start by fake key. By sales channel, Automotive immobilizer technology market can be divided into OEMs and After Market. The OEMs segment holds a main share of the automotive immobilizer market, as compared to the other segment. This is due to the higher production of vehicles with immobilizer. The OEM immobilizer segment for passenger cars consists of factory-fitted immobilizers. The projected largest market for automotive immobilizers in terms of size is Asia. Manufacturers are focusing on enhancing the functions of key fobs by integrating them with smartphones. This will provide a higher level of security using a linked immobilizer system. This in turn, will drive the growth prospects for the vehicle immobilizer market. Automotive immobilizer technology market can be segregated into Passenger Vehicles and Commercial Vehicles. The passenger vehicle segment holds a prominent share of the market, as compared to the commercial vehicle segment, owing to the higher rate of adoption of the anti-theft system. In the passenger Vehicles segment, the sales volume of mid-segment and premium segment vehicles are increasing in Europe, whereas, the demand for entry-level vehicles is increasing from Asian economies. This will boost the adoption of immobilizers in these vehicles. The rising number of reported instances of hacking into the system for unauthorized entry into cars, compelled governments to introduce stringent
regulations regarding the vulnerability in electronic security systems. This in turn, will boost the demand for car immobilizer and vehicle immobilizer. In terms of region, the global automotive panoramic windshield market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a major market share of the global market due to high vehicle production in the region. China is the world’s largest automotive market with strong growth potential in the next five years. Increasing disposable income and demand of high security featured vehicles have spurred the demand for efficient security systems in this region. All the key immobilizer manufacturers are targeting the Asia-Pacific region and growing manufacturing capacity to tap the growth potential. Also, Europe and North America account for a significant share of the global immobilizer for automotive market, owing to the high rate of adoption and demand for vehicle safety in these regions. Germany was the first country to employ immobilizers in vehicles. Germany was followed by the U.S., to incorporate immobilizers in vehicles. Increasing demand for improved vehicle protection systems in these regions is estimated to boost the immobilizer for automotive market. The automotive immobilizer market is characterized by the presence of numerous vendors. The majority of key players are concentrated in the North American and European countries such as Germany, France, and the US. To improve their market positions, the vendors in the vehicle immobilizer market are focusing on technological advancements in terms of functionality, reliability, and accuracy. Some of the key immobilizer manufacturers for the global automotive industry are Robert Bosch GmbH, Continental AG, Delphi, HELLA, ZF TRW Automotive, NXP Semiconductors, Valeo, ALPS Electric Co. Ltd., Mitsubishi Electric Corporation, Ravelco, Lear Corporation., and TOKAIRIKA, Co, Ltd. New product development, capacity expansion and regional expansion are the key strategies adopted by the key players to gain competitive edge in the market.
Major players in the Market are identified through secondary research and their Market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top manufacturers; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and Marketing executives. The percentage splits, Market shares, growth rate and breakdowns of the product Markets are determined through using secondary sources and verified through the primary sources. Inquiry about report OR ask for Sample Report @ https://www.profsharemarketresearch.com/inquiry/automotive-immobilizertechnology-market-report-inquiry/ Global Automotive Immobilizer Technology Market: Product Type Electronic Key Electric Code Global Automotive Immobilizer Technology Market: Sales Channel OEMs
After Market Global Automotive Immobilizer Technology Market: Application Passenger Vehicle Commercial Vehicle Global Automotive Immobilizer Technology Market: Competitive Analysis Continental Delphi Bosch Hella Mitsubishi Electric Corporation Alps Electric AutoWatch Dynamco Lear Corporation Mastergard Enterprises NXP Semiconductors Ravelco STRATTEC SECURITY CORPORATION TOKAI RIKA Valeo ZF TRW Automotive Automotive Immobilizer Technology Market: Regional Analysis North America U.S.A Canada Europe France Germany Spain UK Rest of Europe Asia Pacific
China Japan India South East Asia
Latin America Brazil Middle East and Africa
Access Full Report @ https://www.profsharemarketresearch.com/automotive-immobilizer-technologymarket/ Automotive Immobilizer Technology Market Report delivers comprehensive analysis of : Market Forecast for 2019-27 Market growth drivers Challenges and Opportunities Emerging and Current market trends Market player Capacity, Production, Revenue (Value) Supply (Production), Consumption, Export, Import analysis End user/application Analysis About Profshare Profshare Market Research is a full service market research company that delivers in depth market research globally. We operate within consumer and business to business markets offering both qualitative and quantitative research services. We work for private sector clients, along with public sector and voluntary organisations. Profshare Market Research publishes high quality, in-depth market research studies, to help clients obtain granular level clarity on current business trends and expected future developments. We are committed to our client’s needs, providing custom solutions best fit for strategy development and implementation to extract tangible results.
For more information, visit https://www.profsharemarketresearch.com/ OR Email us at sales@profsharemarketresearch.com Contact : Mia Cox Sales Manager miacox@profsharemarketresearch.com