Car Security System Market Share

  • Report ID: 392
  • Published Date: Jul 22, 2024
  • Report Format: PDF, PPT

Car Security System Market Share

North America Market Forecast

The North America car security system market, amongst the market in all the other regions, is projected to hold the largest car security system market share by the end of 2036 backed by the increasing sales of luxury cars in developed countries. 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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Car Security System Market Growth
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Author Credits:  Saima Khursheed


  • Report ID: 392
  • Published Date: Jul 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of car security system is evaluated at USD 8.86 Billion.

The car security system market size was over USD 8.44 Billion in 2023 and is expected to exceed USD 16.93 Billion by the end of 2036, growing at over 5.5% CAGR during the forecast period i.e., between 2024-2036. Rising number of car thefts, increasing purchasing power along with rising awareness for car security are the major factors driving the market growth.

North America industry is likely to hold majority revenue share by 2036, driven by increasing sales of luxury cars in developed countries in the region.

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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