- Press Release -

Rockville, Md. The global market for vehicle anti-theft systems is set to grow from US$ 6.7641 Bn in 2017 to US$ 9.6705 Bn by the end of 2022, a 7.4% CAGR that Fact.MR links to rapid advances in security technology. Recent systems increasingly connect with smartphones and smartwatches, tying anti-theft features to navigation, fuel status and nearby points of interest, while biometrics open the door to anti-DUI enforcement alongside theft prevention.

Immobilizers lead by product, passenger cars generate most demand, and face-detection is the dominant technology. Asia Pacific excluding Japan is the most lucrative region, with North America growing fastest.

Products, Technology and Vehicles

Immobilizers are expected to hold the largest revenue share by 2022, while central locking systems grow fastest to become the second most lucrative product. Steering locks and biometric capture devices track similar growth rates, with steering locks bringing in more revenue. On the technology side, face-detection leads, automotive biometrics post the highest CAGR, and real-time location stays the second most adopted approach. Passenger cars account for nearly three-fourths of the market by vehicle type and grow at a high single-digit rate.

Regionally, Asia Pacific excluding Japan is the most lucrative market by revenue. North America is expected to register the highest growth rate through 2022, though Europe remains more lucrative than North America across the forecast period.

Connectivity Redefines Security

The direction of travel is toward smarter, connected protection. As manufacturers focus on convenience and safety, anti-theft hardware is merging with the vehicle's wider electronics, and OEMs are expanding capacity and technical centres to keep up with rising demand. Biometric methods, in particular, are moving security from something the driver carries to something the driver is.

Suppliers and Their Playbook

The field brings together large tier-one suppliers and specialist electronics firms.

• Denso Corporation, Continental AG, OMRON Corporation, Robert Bosch GmbH, ZF TRW Automotive Holdings Corporation, Delphi Automotive Plc, TOKAI RIKA CO., LTD., Mitsubishi Electric Corporation, VOXX International Corporation, Lear Corporation, and HELLA KGaA Hueck & Co. are among the key players profiled in the report.

Reading the Market for Decisions

For suppliers, growth favours those investing in biometrics and connected security for passenger cars. Investors get a market with a healthy CAGR and a clear technology direction. Procurement teams can plan around immobilizers leading volume, passenger car applications dominating, and Asia Pacific carrying the largest revenue opportunity through 2022.

About the Report

Fact.MR's study covers the global vehicle anti-theft system market for the 2017 to 2022 forecast period, with segmentation by product, technology, vehicle type and region. It sizes each segment, maps the competitive field, and weighs the technology forces shaping demand. Further detail is available in the vehicle anti-theft system market report.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.