Global Concrete Repair Mortars Market, 2016 – 2024 Global Vehicle Anti-Theft Systems Market, 2016 – 2 | Page 3

Vehicle Anti-Theft Systems Market
and remote keyless entry. Based on technology, the market is segregated into the
global system for communication (GSM), global positioning system (GPS), global
radio frequency identification, face detection system, automotive biometric technology
and real-time location system (RTLS). On the basis of vehicle type, the vehicle anti-
theft system market is classified into the commercial vehicle, passenger car, off-
highway vehicle. Diversification of the global market based on region is seen into
North America, Asia-Pacific, Europe, Latin America and the Middle East and Africa.
Global Vehicle Anti-Theft Systems Market: Growth Factors
The global vehicle anti-theft system market is a growing market. Major factors
contributing towards this growth are a massive increase in the number of vehicles of
different kinds, rising awareness about vehicle anti-theft devices, government
regulations pertaining to vehicle safety and increasing development made in
technology. In addition, increasing instances of theft in parking lots have necessitated
the use of advanced anti-theft mechanisms for vehicle and passenger security and
safety. The immobilizer system and the face detection system are the different sectors
showing major growth in the vehicle anti-theft system market.
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Global Vehicle Anti-Theft Systems Market: Regional Analysis
The largest market share in the vehicle anti-theft system market is held by Asia
Pacific. Major countries contributing towards this growth are India, China, Australia,
Japan and New Zealand. The growth of Asia-Pacific can be contributed to reasons