Pharmaceutical solvents Market to Reach US$ 4.1 Bn in Revenues by 202 Car Security System Market | Seite 6

Car Security System Market Analysis
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.
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.
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