The growing demand for safety features as a result of government regulations has boosted the market
for immobilizers.
Make an Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=85985251
Asia-Pacific: Largest market for vehicle anti-theft systems
Asia-Pacific is estimated to account for the largest share, in terms of value, of the Vehicle Anti-Theft
System Market in 2016. The demand for anti-theft systems in this region is triggered by the growing
population in urban areas. The automotive industry in Asia-Pacific has witnessed a year-on-year increase
in sales. The region is also the leading producer of automobiles in the world.
Face detection systems to hold the largest share in the Vehicle Anti-Theft System Market, by
technology
The face detection system (FDS) segment is estimated to account for the largest share in the Vehicle
Anti-Theft System Market. FDS is currently being incorporated in vehicles to prevent drunk driving. The
system is used to monitor the driver's state of consciousness through eye movement. It also identifies
an authorized vehicle-user based on a facial recognition system. Additionally, the vehicle immobilizer
system sends a message to the registered phone number of the vehicle-user in case of any discrepancy.
These features are increasing the demand for this technology.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche
opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently
servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost
75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their
painpoints around revenues decisions.