Research and Markets: Global Passenger Car Security Systems Market 2015-2019: The Global Passenger Car Security Systems Market to Grow at a CAGR of 4.01% Over the Period 2014-2019
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/fvssdq/global_passenger) has announced the addition of the “Global Passenger Car Security Systems Market 2015-2019” report to their offering.
With an increase in the production and sales of vehicles worldwide, instances of car theft or hijacking are on the rise. Passenger car security products such as immobilizers, alarms, central locking systems, and RKE protect cars from theft or hijacking. These passenger car security products immediately alert the owner and the SOCs in cases of theft.
Technologies such as RFID, RTLS, and GPS are used to track down stolen cars. For instance, General Motors’ subsidiary, OnStar, provides car navigation systems, subscription-based communications, roadside assistance, and stolen vehicle assistance.
– Alps Electric
– Delphi Automotive
– Mitsubishi Electric
– TRW Automotive
Other Prominent Vendors
– Hella KGaA Hueck
– Tokai Rika
Commenting on the report, an analyst from the research team said: The global passenger car security systems market is highly fragmented with the presence of numerous small vendors that operate in niche markets. As niche market players have new technologies in their portfolio, the most favored way for large vendors to enter the market is through the partnerships of these niche players. Further, with increased competition, vendors might choose partnerships for consolidating their strengths. For instance, Dynamco has partnered with Dynatron Passenger car security for vehicle alarms. It also provides GPS, which is a vehicle tracking system.
For more information visit http://www.researchandmarkets.com/research/fvssdq/global_passenger.
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Sector: Telematics and Vehicle Electronics, Car Electronics and GPS