Global Passenger Car Security Systems Market 2019-2023

Global Passenger Car Security Systems Market 2019-2023

Global Passenger Car Security Systems Market: About this market

Technavio’s passenger car security systems market analysis considers the sales based on immobilizer, central lock system, alarm system, and RKE and others. Our analysis also considers the sales of passenger car security systems in North America, Europe, APAC, MEA, and South America. In 2018, the central lock system segment as well as immobilizer segment, both had a significant market share, and this trend is expected to continue over the forecast period. Factors such as technological advancements will play a significant role in the central lock system segment to maintain its market position. Also, our global passenger car security systems market report looks at factors such as an increase in car thefts, the emergence of connected cars, and rise in demand from emerging APAC countries. However, high cost of premium security features, the potential failure of electronic components used in vehicle security systems, and increase in cybersecurity risk may hamper the growth of the passenger car security systems industry over the forecast period.

Global passenger car security systems market: Overview

Emergence of connected cars

A connected car is equipped with internet access. This enables the car to share internet access and data with devices present inside as well as outside the vehicle. The advances in the internet of things (loT) has resulted in a renewed interest in connected cars. The ability of vehicles on the road to communicate with each other and other non-automotive devices and human-machine connectivity are the promises proposed by loT and connected vehicle technologies. However, connected cars have complex software to provide advanced functionalities, which are prone to various malware attacks. a connected car has loT devices, which can be hacked. Thus, an increase in the adoption of connected cars will necessitate the use of security systems in connected cars, which will boost the growth of the passenger car security system market. Although the growth momentum of the passenger car security systems market will decelerate, it will continue to register a CAGR of over 2% during the forecast period.

High cost of premium security features

The global automotive industry has been proactive in embracing new safety technologies, and the adoption of biometrics is set to increase in the industry. However, the cost of security systems, such as smart entry systems, immobilizers, and anti-theft systems is high. Therefore, the high cost of premium security features is expected to be a restraining factor for the growth of the passenger car security systems market during the forecast period.

For the detailed list of factors that will drive the global passenger car security systems market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of few major players, the global passenger car security systems market is concentrated. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading passenger car security systems manufacturers, that include Continental AG, Hella GmbH & Co. KGaA, Tokai Rika Co. Ltd., Valeo SA, and ZF Friedrichshafen AG.

Also, the passenger car security systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global automotive components market
      • Table Segments of global automotive components market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Immobilizer - Market size and forecast 2018-2023
      • Table Immobilizer - Market size and forecast 2018-2023 ($ millions)
      • Table Immobilizer - Year-over-year growth 2019-2023 (%)
    • Central lock system - Market size and forecast 2018-2023
      • Table Central lock system - Market size and forecast 2018-2023 ($ millions)
      • Table Central lock system - Year-over-year growth 2019-2023 (%)
    • Alarm system - Market size and forecast 2018-2023
      • Table Alarm system - Market size and forecast 2018-2023 ($ millions)
      • Table Alarm system - Year-over-year growth 2019-2023 (%)
    • RKE and others - Market size and forecast 2018-2023
      • Table RKE and others - Market size and forecast 2018-2023 ($ millions)
      • Table RKE and others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision Framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Growth of biometric technology
    • Increase in use of smart mobile apps for passenger cars
    • Rise in risks associated with keyless cars
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Continental AG
      • Table Continental AG - Vendor overview
      • Table Continental AG - Business segments
      • Table Continental AG - Organizational developments
      • Table Continental AG - Geographic focus
      • Table Continental AG - Segment focus
      • Table Continental AG - Key offerings
    • Hella GmbH & Co. KGaA
      • Table Hella GmbH & Co. KGaA - Vendor overview
      • Table Hella GmbH & Co. KGaA - Business segments
      • Table Hella GmbH & Co. KGaA - Organizational developments
      • Table Hella GmbH & Co. KGaA - Geographic focus
      • Table Hella GmbH & Co. KGaA - Segment focus
      • Table Hella GmbH & Co. KGaA - Key offerings
    • Tokai Rika Co. Ltd.
      • Table Tokai Rika Co. Ltd. - Vendor overview
      • Table Tokai Rika Co. Ltd. - Organizational developments
      • Table Tokai Rika Co. Ltd. - Key offerings
    • Valeo SA
      • Table Valeo SA - Vendor overview
      • Table Valeo SA - Business segments
      • Table Valeo SA - Organizational developments
      • Table Valeo SA - Geographic focus
      • Table Valeo SA - Segment focus
      • Table Valeo SA - Key offerings
    • ZF Friedrichshafen AG
      • Table ZF Friedrichshafen AG - Vendor overview
      • Table ZF Friedrichshafen AG - Organizational developments
      • Table ZF Friedrichshafen AG - Geographic focus
      • Table ZF Friedrichshafen AG - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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