Global Automotive Immobilizer Market 2017-2021
About Automotive Immobilizer
An automotive immobilizer is primarily an anti-theft system that prevents the vehicle to get started by a fake key or a duplicate key. Most of the modern vehicles come with an electronic key, which consists of electronic codes. When the key is inserted into the vehicle's starting system, the same transmits the electronic code to the vehicle's ECU contained within the immobilizer. If the transmitted codes sent by the transponder chip, placed inside the electronic key, matches with that of the vehicle's immobilizer system, the vehicle will start. In all other conditions, the vehicle would not start representing a condition of a false start by fake key.
Technavio’s analysts forecast the global automotive immobilizer market to grow at a CAGR of 4.35% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive immobilizer market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Automotive Immobilizer Market 2017-2021
Technavio recognizes the following companies as the key players in the global automotive immobilizer market: Continental, Delphi, Bosch, Hella, and Mitsubishi Electric Corporation.
Other Prominent Vendors in the market are: Alps Electric, AutoWatch, Dynamco, Lear Corporation, Mastergard Enterprises, NXP Semiconductors, Ravelco, STRATTEC SECURITY CORPORATION, TOKAI RIKA, Valeo, and ZF TRW Automotive.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is development of advanced intelligent key with touch controls. Key fobs, which are a part of keyless entry systems, have been in use for more than a decade. The immobilizer is passively activated once the ignition key is turned off and the vehicle door is closed with the key fob. However, this system is still vulnerable as during the event of a key theft, the holder of the key is free to operate the car.”
According to the report, one driver in the market is regulatory authorities driving OEM fitment of vehicle security measures. Since several regulatory bodies across the globe have taken initiatives to improve and standardize safety even in entry-level vehicles, immobilizers are gradually attaining an adoption rate of 100%. Present day keyless entry systems communicate with vehicles through microwave or radio frequency. The latest technologies that involve smartphones or smartwatches to unlock/lock vehicle doors have increased the possibility of these systems to be hacked. This is leading to higher security requirements; so, the need for standardization has become inevitable.
Further, the report states that one challenge in the market is system working issues and operating vulnerabilities. Automotive immobilizer system has played a crucial role in improving the security of vehicles since its inception. It has boosted the confidence and trust among the consumers to a certain extent; however, it has not been able to reduce the vehicle thefts. The electronic immobilizers used in modern vehicles have significant advantages and benefits when it comes to vehicle's security; however, in certain situations, owners face vehicle starting issues, which in most cases is due to some problems in the immobilizer's working.
Continental, Delphi, Bosch, Hella, Mitsubishi Electric Corporation, Alps Electric, AutoWatch, Dynamco, Lear Corporation, Mastergard Enterprises, NXP Semiconductors, Ravelco, STRATTEC SECURITY CORPORATION, TOKAI RIKA, Valeo, and ZF TRW Automotive.
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