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Table of Contents
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 a detailed 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 2018 to 2023 and market forecast for 2024 to 2030 based on revenue generated. The study includes market value in terms of revenue in million USD for years 2018-2030 and compound annual growth rate (CAGR) in % from 2024 to 2030. The market is expected to show constant growth between 2024 to 2030.
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 users to make precise decision 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. Report 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 consists 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 a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2024 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2024) |
USD 2526.96 million |
Forecast Value (2031) |
USD 3415.87 million |
CAGR (2025-2030) |
4.4 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Automotive Immobilizer Technology Market was valued at around USD 2526.96 million in 2023 & estimated to reach USD 3415.87 million by 2030.
Automotive Immobilizer Technology Market is likely to grow at Compound Annual Growth Rate (CAGR) of 4.4% between 2024 to 2030.
Automotive Immobilizer Technology Market? is dominated by the Electronic Key segment and the North America region holds the highest market share in 2023.
Some of the top key players in the Automotive Immobilizer Technology Market? are
Primary driving factors for the growth of the Automotive Immobilizer Technology Market? include Increase in vehicle theft and the demand for embellish anti-theft system along with rising production of vehicles with improved vehicle protection instrument.
Yes, the report includes COVID 19 impact on the market.
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