Monday, 26 March 2018

Automotive Security System Market and Business Opportunities with Top Market Players Forecast to 2018-2022

MRC Announces the Publication of its Research Report – Global Automotive Security System Market 2018-2022

MRC recognizes the following companies as the key players in the global automotive security system market: Bosch, Continental, Delphi*, HELLA, Valeo, and ZF
Commenting on the report, an analyst from MRC’s team said: “The latest trend gaining momentum in the market is Growing popularity of remote-start car system. Keyless entry system eliminates the need for carrying physical keys for door lock/unlock, increasing the convenience of customers. Additionally, the advanced system allowed customers to start cars without the need for key insertion. These systems contributed significantly to the revenue growth of the automotive security system market.”
According to the report, one of the major drivers for this market is Growing popularity of biometric technology. As the automotive industry is continuously facing hacking issues, automotive OEMs are continuously looking for new technologies that are much more safe, secure, convenient, and user-friendly. Biometric technology is the front-runner for achieving the desired objectives in automotive applications. Biometric technology including voice-controlled navigation and infotainment system forms an integral part of modern vehicles. However, the usage of biometric technology in automotive security system may lead to enhancement in the security of vehicles. As a result, the adoption of biometric technology for security purpose is expected to be crucial for revenue growth of the global automotive security system market.
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Further, the report states that one of the major factors hindering the growth of this market is High replacement cost associated with smart keys and immobilizers. Previously, automotive keys were basic mechanical keys, which has now evolved into the electronic key fob. Until the 1990s, vehicle keys were so simple in design that a duplicate key could have been made at any locksmith shop or hardware store. Therefore, automotive OEMs have started offering keys with enhanced security such as electronic keys with immobilizer.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
Global automotive electronics market
Automotive security system
PART 05: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 06: MARKET SIZING
Market definition
Market sizing 2017
Market size and forecast 2017-2022
PART 07: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 08: MARKET SEGMENTATION BY PRODUCT
Segmentation by product
Comparison by product
Keyless entry system Market size and forecast 2017-2022
Immobilizer Market size and forecast 2017-2022
Alarm Market size and forecast 2017-2022
Central locking system Market size and forecast 2017-2022
Market opportunity by product
PART 09: CUSTOMER LANDSCAPE
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PART 10: REGIONAL LANDSCAPE
Geographical segmentation
Regional comparison
APAC Market size and forecast 2017-2022
EMEA Market size and forecast 2017-2022
Americas Market size and forecast 2017-2022
Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 13: MARKET TRENDS
Growing popularity of remote-start car system
Growing development of new security system for classic cars
Introduction of 3D gesture in key fob
PART 14: VENDOR LANDSCAPE
Overview
Landscape disruption
Competitive benchmarking
……………….Continued
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