Anti-theft system is used to prevent unauthorized activity. It secures devices, data, vehicle, and others from being stolen. Its technology of detection includes face detection, real-time location system, and global positioning system.
Portland, OR -- (SBWIRE) -- 09/27/2017 -- Rise in demand and awareness of safety technologies is expected to fuel the market during the forecast period. Further, favorable government regulation toward safety is also anticipated to boost the market growth. However, premium cost of the system is expected to restrict the market growth. Moreover, rise in adoption of cloud-based subscription programs is one of the major growth opportunities for the anti-theft system market.
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The report segments the anti-theft system market in the basis of component, product type, technology, industry verticals, and geography. On the basis of component, it is divided into hardware, software, and services. On the basis of product type, it is classified into biometric capture devices, remote keyless entry, alarm, and others. On the basis of technology, it is categorized face detection, real-time location system, global positioning system, and others. On the basis of industry verticals, it is segmented into automotive, banking financial services and insurance (BFSI), consumer electronics, government, retail, and others. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Key players profiled in the report include Continental AG, Delphi Automotive, Robert Bosch GmbH, Johnson Electric, U-Shin Ltd., Lear Corporation, ZF-TRW, Mitsubishi Electric, Tokai Rika Ltd., and VOXX International.
Anti-Theft System Market Key Segments:
By Product Type
- Biometric Capture Device
- Remote Keyless Entry