Passenger Car Security Systems Market to Grow at 4% CAGR by 2019 Says a New Research Report at ReportsnReports.com
Dallas, Texas (PRWEB) June 02, 2015 -- According to the Global Passenger Car Security Systems Market 2015-2019 report, in the current competitive environment, OEMs need to be in sync with the latest technological trends. With the increasing number of car thefts, there is growing awareness about passenger car security systems among end-users. Vendors are also increasing their reach through advertisements, trade fairs, seminars and webinars, and other promotional events. This is helping end-users in choosing suitable passenger car security systems. Also, the ready availability of advanced and user-friendly security systems is encouraging end-users to invest in the passenger car security systems market.
The complete report spread across 95 pages and provides 43 Exhibits. Browse Global Passenger Car Security Systems Market 2015-2019 report at http://www.reportsnreports.com/reports/401098-global-passenger-car-security-systems-market-2015-2019.html .
Technologies such as RFID, RTLS, and GPS are used to track down stolen cars. For instance, General Motors' subsidiary, OnStar, provides car navigation systems, subscription-based communications, roadside assistance, and stolen vehicle assistance.
The analysts forecast the global passenger car security systems market to grow at a CAGR of 4.01% over the period 2014-2019. The global passenger car security systems market is highly fragmented with the presence of numerous small vendors that operate in niche markets. As niche market players have new technologies in their portfolio, the most favored way for large vendors to enter the market is through the partnerships of these niche players. Further, with increased competition, vendors might choose partnerships for consolidating their strengths. For instance, Dynamco has partnered with Dynatron Passenger car security for vehicle alarms. It also provides GPS, which is a vehicle tracking system.
Several mobile app vendors are introducing vehicle tracking systems, which can be easily installed in the mobile devices. These apps help drivers connect their smartphones wirelessly through the Internet to the vehicle for functions such as tracking vehicle location, lock/unlock a car, remotely start a car, and press the panic button in case of emergency.
Passenger Car Security Systems Market Size:
To calculate the market size, the report considers the revenue generated from the sales of security products for passenger cars, which is dependent on car production and car sales.
The passenger car security systems market report also presents the vendor landscape and a corresponding detailed analysis of the top six vendors in the market. In addition, the major drivers that influence market growth are discussed in the report. It also outlines the challenges faced by vendors and the market at large, as well as the key emerging trends.
Purchase a Copy of Global Passenger Car Security Systems Market 2015-2019 Report at http://www.reportsnreports.com/purchase.aspx?name=401098.
The market is segmented on the basis of the following:
• Products: Immobilizers, vehicle alarms, central locking systems, and RKE
• Geography: Americas, EMEA, and APAC
Key Market Drivers
• Growing Customer Awareness
• Need for Reliable Passenger car security Systems
• Need to Comply with Government Regulation
• Availability of Affordable Passenger car security Solutions
Key Market Trends
• Increase in Number of Partnerships
• Increased Usage of Smart Mobile Apps in Passenger car security Systems
• New Alliances among Service Providers
• Increased Adoption in Developing Countries
The following companies are the key players in the global passenger car security systems market: Alps Electric, Bosch, Continental, Delphi Automotive, Mitsubishi Electric and TRW Automotive.
Other Prominent Vendors in the market are: Hella Kgaa Hueck, LearTokai Rika and Valeo.
The Global Passenger Car Security Systems Market 2015-2019 report states that passenger car security systems are not infallible and this degree of unreliability may hamper market growth.
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Global Connected Car M2M Connections and Services Market 2015-2019:
Analysts forecast the Global Connected Car M2M Connections and Services market to grow at a CAGR of 26.19% over the period 2014-2019.
Key Vendors: BMW, General Motors, Gemalto, Sierra Wireless and Verizon Telematics
Other Prominent Vendors: Airbiquity, Apple, Alcatel-Lucent, AT&T, Audi, Bell Mobility, CalAmp, China Mobile, Daimler, Daihatsu, Delphi Automotive, Datora, Deutsche TeleKom, Ericsson, Everything Everywhere, Ford Motor, Garmin, Harman International, Hyundai Motors, Intel, Ituran, KDDI, Luxoft Holdings, Mahindra, Masternaut, Microsoft, Nokia, Nuance Communications, OmniLink, Orange, Porche, RACO Wireless, Sony, Sprint, Tesla Motors, Telefonica, Telenor, TCS, Telit Communications, TomTom, Toyota Motors, Transatel, Vodafone, Virdata, Viper, Vodacom, Volvo, Wireless Car and Zubie.
Explore Other Reports by Infiniti Research at http://www.reportsnreports.com/publisher/infiniti-research-limited/.
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Ritesh Tiwari, ReportsnReports.com, http://www.reportsnreports.com/, +1 (888) 391-5441, [email protected]
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