Car Security System Market Share

  • Report ID: 392
  • Published Date: Dec 06, 2024
  • Report Format: PDF, PPT

Car Security System Market Share

North America Market Forecast

North America industry is poised to hold largest revenue share of 32% by 2037.It was observed that in the United States, a luxury car manufacturer reported 2021 sales of more than 330,600 vehicles in 2021. Moreover, the increasing disposable income, a growing desire to buy high-maintenance security cars along with rapid manufacturing of luxury cars with innovative and technologically advanced security systems are anticipated to drive the regional car security system market growth during the forecast period.

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Author Credits:  Saima Khursheed


  • Report ID: 392
  • Published Date: Dec 06, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of car security system is assessed at USD 9.34 billion.

The car security system market size was over USD 8.95 billion in 2024 and is anticipated to cross USD 17.73 billion by 2037, witnessing more than 5.4% CAGR during the forecast period i.e., between 2025-2037. Rising number of car thefts, increasing purchasing power along with rising awareness for car security will boost the market growth.

North America industry is poised to hold largest revenue share of 32% by 2037, driven by increasing sales of luxury cars in developed countries in the region.

The major players in the market are Qualcomm Technologies, Inc., Mitsubishi Electric Corporation, Continental A.G., Delphi Automotive LLP, Hella KGaA Hueak & Co., Tokai Rika Co Ltd., Robert Bosch GmbH, Denso Corporation, Strattec Security Corporation, Witte Automotive
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