|
|
(Transportation-News.com, March 05, 2019 ) As per the latest market intelligence report published by Stratview Research, the Automotive Immobilizer Market is growing at excellent CAGR of 4.4% in the forecasted period.
The research studies Automotive Immobilizer Market in the trend period of 2010 to 2015 and forecasted period of 2016 to 2021 under three segments by Vehicle type (Passenger Car, Light Duty Vehicle, and Medium & Heavy Duty Vehicle), by End Market (OEMs and Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016-2021
The study finds –
Passenger car segment to remain the largest immobilizers market driven by High demand of better comfort, security vehicles and increasing car production.
Asia-Pacific region will remain the growth engine of the global automotive immobilizers market in the next five years, driven by emerging economies, such as China and India.
Click here to read the detailed description: https://www.stratviewresearch.com/160/automotive-immobilizer-market.html
Go through the TOC: https://www.stratviewresearch.com/toc/160/automotive-immobilizer-market.html
Immobilizer Market in the Automotive Industry: Highlights
An engine immobilizer is an anti-theft system that comprises an electronic security device fitted to the vehicle. It prevents the engine from running unless the correct key is present. Automotive key fob is either a digital coded key or a smart key embedded with a RFID transponder which sends signals to the immobilizer control unit. The engine immobilizer is an electronic chip embedded into the ECU of the vehicle, which is activated by a key fob. If the code in the key and the immobilizer matches, the ECU activates the fuel and ignition system of the vehicle.
Countries have started implementing vehicle theft prevention regulations with the purpose to curb the vehicle theft. Some major automobile producing countries, such as Germany and US have implemented the regulations that mandate immobilizers for all new vehicles sold. This has led to the growth of the immobilizers in the automotive industry and currently, almost 100% of the new vehicles have immobilizers either as a standard or an optional feature.
The global immobilizer market in the automotive industry promises a good growth opportunity and is expected to witness 4.4% CAGR during the forecast period of 2016 to 2021. Increasing automotive production, stringent vehicle theft prevention regulations, growing keyless entry systems market, and demand of high security vehicles are the major drivers of the global automotive immobilizer market.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Stratview Research
Ritesh Gandecha
+1-313-307-4176
sales@stratviewresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
|
