car security system market revenue expected to increase at a cagr of 6.0% over 2016–2026

Download Car Security System Market Revenue Expected to Increase at a CAGR of 6.0% over 2016–2026

Post on 16-Jan-2017

11 views

Category:

Business

0 download

Embed Size (px)

TRANSCRIPT

Automotive Aftermarket: ASEAN Industry Analysis and Opportunity Assessment 2015 2025

Car Security System Market: Global Industry Analysis and Opportunity Assessment, 2016 2026December 20162015 Future Market Insights, All Rights ReservedReport Id : REP-GB-617Status : Nov-16Category : Automotive & Transportation

1

AboutFuture Market Insights2015 Future Market Insights, All Rights ReservedFuture Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends.We provide research services at a global as well as regional level; key regions include GCC, ASEAN, andBRIC.Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail.We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing the perfect solution for our client.

Research Capabilities

Subscription InformationCustomized ResearchSyndicated ResearchInvestment ResearchSocial Media Research

Sector CoverageAutomotive and TransportationElectronics, Semiconductor, and ICTRetail and Consumer ProductsIndustrial Automation and EquipmentChemicals & MaterialsFood and BeveragesServices and UtilitiesEnergy, Mining, Oil, and GasFor detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268Email: hari.t@futuremarketinsights.com

Customized Research

Syndicated Research

Investment Research

Social Media Research

2

2

Research Methodology (1/2)Systematic Research ApproachIn-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.PMR formulates a detailed discussion guide to conduct expert and industry interviewsPMR develops a list of industry players (manufacturers), distributors, retailers and industry expertsPMR conducts interviews with industry experts, industry players, distributors and retailersData is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final dataData is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industryPMR delivers industry insights and information in the required format (PDF)

Data CollectionData Filter& AnalysisResearch &IntelligenceActionableInsightsBusinessSolution

ACBPrimary ResearchCompany AnalysisDesk Research

Identifying key opinion leadersQuestionnaire designIn-depth interviewsCoverage across value chainMarket participantsKey strengthsProduct portfolioMapping as per value chainKey focus segments Key industry expertsChannel studyDevelopmentsMarket dynamicsProductsConclusionsSOLUTIONPrimary Research #LinkedinZoominfoSalesforceAvention

FactivaGBIGeniosMeltwater

Company websitesCompany annual reportsWhite papersFinancial reports2015 Future Market Insights, All Rights ReservedSecondary Research #Paid Publications#

Insights

Market profiling

Formulating discussion guide

Developing list of respondents

Data analysis

Data validation

Data collection1234567# includes sources of databases 3

Car Security System Market Revenue Expected to Increase at a CAGR of 6.0% over 20162026Future Market Insights delivers key insights on the globalcar security system marketin a new publication titled Car Security System Market: Global Industry Analysis and Opportunity Assessment, 2016 2026. Global sales of car security systems is estimated to be valued at US$ 6,787.3 Mn by the end of 2016, witnessing a Y-o-Y growth of 4.8% over 2015. North America is estimated to account for a value share of 30.0% in the global car security system market by 2016 end but Asia Pacific excluding Japan (APEJ) is anticipated to gain a higher growth rate throughout the forecast period. In this report, Future Market Insights analyses the factors and trends impacting the growth and performance of the global car security system market.Increasing sales of new vehicles, along with rising awareness among car owners and a robust aftermarket growth are bolstering the global car security system market. Automobile manufacturers are increasing the deployment of security systems in new vehicles to stand out in competition. Furthermore, increasing adoption of telematics across the globe is enabling easy car monitoring techniques and comfort to car owners with enhancement in car security. However high cost of product and high installation charges are limiting OEM and aftermarket opportunities. Automakers provide more options in their premium car variants which in turn is decreasing the adoption by new vehicle owners. Whereas establishment of new car production plants in countries such as Mexico, Turkey, India and China are increasing car security system market opportunities in these regions.

Car Security System Market2015 Future Market Insights, All Rights Reserved4

Segmentation highlightsThe global car security system is segmented on the basis of sales channel (OEM and Aftermarket), product type (immobilizer system, remote central locking system, alarm system and other systems) and car type (Economic cars, Mid-range cars and Premium cars).On the basis of sales channel, the OEM market segment is expected to dominate globally, but market share of OEM and aftermarket sub-segment is changing from one country to the other. In regions where less cars are produced such as Middle East and Africa, aftermarket segment is a major market and is anticipated to continue to dominate the market in terms of value and volume over the forecast period. There is a strong demand in OEM segment in the regions such as North America, Western Europe and APEJ owing to increasing production of cars and establishment of new production plants. North America has the largest aftermarket share which is expected to decrease over the forecast period.On the basis of car type, (Economic cars include mini and small cars- A & B segment cars as defined by EEC regulation and SUVs, MPVs & light trucks costing less than US$ 15000, midrange cars include C & D segment cars and SUVs, MPVs & light trucks costing between US$ 15,000- 30,000, and Premium segment cars include E & F segment cars and SUVs, MPVs & Light trucks costing more than US$ 30,000). Midrange cars are anticipated to dominate throughout the forecast period. Whereas economic cars segment are expected to exhibit the highest CAGR over the forecast period. Car security systems used in economic cars are of low value and adds less value to the market. And premium cars are loaded with many security system which increases the security systems value installed per car.Car Security System Market2015 Future Market Insights, All Rights Reserved5

On the basis of product type, the global car security system market is segmented into immobilizer system, remote central locking system, alarm system and other systems which include vehicle trackers, perimeter sensors, ultrasonic sensors and glass break sensors. Others segment is expected to register the highest CAGR in market whereas remote central locking system will continue to dominate in aftermarket and OEM market. Immobilizers are mostly sold in OEM market owing to their large penetration in all the car types.Regional projectionsThe global car security system market is segmented into the seven key regions of North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, and Middle East & Africa (MEA)). North America is the largest market for car security systems owing to a large aftermarket and higher cost of products. APEJ will dominate the market by 2018 and will continue to increase its share in the future. Japans recent downfall in the realm of car production has affected the regional market, but increasing vehicle fleet and increasing car exports will increase Japanese market with a CAGR of 3% over the forecast period.Vendor insightsKey players in the global car security system market include Valeo S.A., Continental A.G., Delphi Automotive PLC, Hella KGaA Hueck & Co., Tokai Rika Co., Ltd., Mitsubishi Electric Corporation, Denso Corporation, Robert Bosch GmbH, Lear Corporation, Omron Corporation.Car Security System Market2015 Future Market Insights, All Rights Reserved6

2015 Future Market Insights, All Rights ReservedTable of ContentExecutive Summary

2. Market Overview

2.1. Market Definition

2.2. Market Taxonomy

3. Car Security System Market Analysis

3.1. Market Volume Analysis3.1.1. Replacement Rate and Lifecycle Analysis

3.2. Pricing Analysis3.2.1. Pricing Assumptions3.2.2. Price Projections Per Region

3.3. Market Size and Forecast3.3.1. Market Size and Y-o-Y Growth3.3.2. Absolute $ Opportunity7

2015 Future Market Insights, All Rights ReservedTable of Content3.4. Market Overview3.4.1. Value Chain3.4.2. Profitability Margins3.4.3. List of Active Participants3.4.3.1. Component Suppliers3.4.3.2. Integrators3.4.3.3. Manufacturers3.4.3.4. Distributors / Retailers3.4.3.5. MRO Service Providers

3.5. Product - Cost Teardown Analysis

4. Market Dynamics

4.1. Macro-economic Factors

4.2. Drivers4.2.1. Supply Side4.2.2. Demand Side8

2015 Future Market Insights, All Rights ReservedTable of Content