Number of pages:
Parameters | Details |
---|---|
Base Year |
2021 |
Historical Data |
2016-2021 |
Forecast Data |
2022-2028 |
Base Year Value (2021) |
USD 2318.45 million |
Forecast Value (2028) |
USD 3134.016113 million |
CAGR (2022 to 2028) |
4.4 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Global Automotive Immobilizer Technology Market is estimated to reach USD 3001.93 million by 2027, growing at a CAGR of 4.4 % between 2019 and 2027
An immobilizer for automotive is an electronic security appliance, which prevents the engine from operating unless the appropriate key is present. A vehicle incorporated with an immobilizer can be started only after the identified key has successfully communicated with the transponder, which reduces the chances of vehicle theft that is carried out by bypassing the ignition system in the engine. This, in turn, reduces vehicle theft. An immobilizer also integrates the transmission of data for the remote keyless entry system, the tire pressure monitoring system, and the passive start and entry system into a single receiver control module.
Increase in vehicle theft and the demand for embellish anti-theft system is a key driving factor that is expected to drive the immobilizer for automotive market during the forecast period. Increase in production of vehicles with improved vehicle protection instrument is also projected to boost the immobilizer for automotive market during the forecast period. Integration of transmission data into a single receiver control module curtails the space and cost of the device, thereby making the appliance efficient. Research across the world has revealed that incorporation of an immobilizer in the vehicle resulted in a 40% reduction of vehicle theft. These benefits are likely to provide lucrative opportunities to the immobilizer for automotive market.
The study covers detail analysis, growth and forecast of the Automotive Immobilizer Technology Market. The report includes market analysis on global and regional level. The study covers historical data analysis from 2014 to 2017 and market forecast for 2019 to 2027 based on revenue generated. The study includes market value in terms of revenue in billion USD for years 2014-27 and compound annual growth rate (CAGR) in % for from 2019-2027. The market is expected to show constant growth between 2019-2027.
The report comprises value chain analysis for each of the product segments. Value chain analysis offers in depth information about value addition at each stage. The study includes drivers and restraints for Automotive Immobilizer Technology Market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. Research report includes major player analysis with shares of each player inside market, growth rate and market attractiveness in different end users/regions. Our study Automotive Immobilizer Technology Market helps user to make precise decision in order to expand their market presence and increase market share.
The report provides Automotive Immobilizer Technology Market Dynamics ,includes industry growth drivers, challenges, opportunities , risk, constraints as well as threats .Reports also includes Manufacturing Cost Analysis mainly included Raw Materials Analysis, Price Trend of product, Mergers & Acquisitions, Expansion, Key Suppliers of product, Concentration Rate of Automotive Immobilizer Technology Market, Manufacturing Process Analysis. Research Report contains Market Effect Factors analysis mainly included Technology Progress, Consumer Needs Trend, External Environmental Change.
Global Automotive Immobilizer Technology Market: Product Type
Global Automotive Immobilizer Technology Market: Sales Channel
Global Automotive Immobilizer Technology Market: Application
Global Automotive Immobilizer Technology Market: Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Automotive Immobilizer Technology Market:
Geographical analysis of Global Automotive Immobilizer Technology Market :
Global Automotive Immobilizer Technology Market Report delivers comprehensive analysis of :
Automotive Immobilizer Technology Market was valued at around USD 2318.45 million in 2021 & estimated to reach USD 3134.016113 by 2028.
Automotive Immobilizer Technology Market is likely to grow at compounded annual growth rate (CAGR) of 4.4% between 2022 to 2028.
Yes, the report includes COVID 19 impact on the market.
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