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    Automotive Immobilizer Market | Covid-19 Impact Analysis

    Automotive Immobilizer Market | Covid-19 Impact Analysis

    Automotive Immobilizer Market | Covid-19 Impact Analysis
    Report code - SRTI122 Delivery - 2 Weeks
    Automotive Immobilizer Market Size, Share, Trend, Forecast, & Competitive Analysis
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    Impact of COVID-19 on Automotive Immobilizer Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Automotive Immobilizer Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Automotive Immobilizer Market Insights

    An engine immobilizer is an anti-theft system that comprises an electronic security device fitted to the vehicle. It prevents the engine from running unless the correct key is present. Automotive key fob is either a digital coded key or a smart key embedded with a RFID transponder which sends signals to the immobilizer control unit. The engine immobilizer is an electronic chip embedded into the ECU of the vehicle, which is activated by a key fob. If the code in the key and the immobilizer matches, the ECU activates the fuel and ignition system of the vehicle.

    Rising vehicle theft has always been a concern to the government of the many countries. Countries have started implementing vehicle theft prevention regulations with the purpose to curb the vehicle theft. Some major automobile producing countries, such as Germany and US have implemented the regulations that mandate immobilizers for all new vehicles sold. This has led to the growth of the immobilizers in the automotive industry and currently, almost 100% of the new vehicles have immobilizers either as a standard or an optional feature.

    The global immobilizer market in the automotive industry promises a good growth opportunity and is expected to witness >4% CAGR during the forecast period of 2020 to 2025. Increasing automotive production, stringent vehicle theft prevention regulations, growing keyless entry systems market, and demand of high security vehicles are the major drivers of the global automotive immobilizer market.

     

    Automotive Immobilizer Market Share Analysis

    Automotive Immobilizer Market Analysis

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    Automotive Immobilizer Market Share by Vehicle Type

    Passenger car segment is expected to remain the largest immobilizers market during the forecast period. High demand of better comfort, security vehicles and increasing car production will continue to drive the demand of the immobilizers in the passenger car segment.

    Regional Insights

    Asia-Pacific region will remain the growth engine of the global automotive immobilizers market in the next five years, driven by emerging economies, such as China and India. China is the world’s largest automotive market with strong growth potential in the next five years. Increasing disposable income and demand of high security featured vehicles have spurred the demand for efficient security systems in this region. All the major immobilizer manufacturers are targeting the Asia-Pacific region and increasing manufacturing capacity to tap the growth potential.

    Automotive Immobilizer Market Analysis

    Key Players

    The supply chain of this market comprises raw material suppliers, immobilizer system manufacturers, keyless entry system manufacturers, distributors, and Automotive OEMs. The key automotive OEMs are Toyota, Daimler, GM, Ford, Hyundai, and Chrysler.

    The global automotive immobilizer market is a consolidated market. The key immobilizer manufacturers for the global automotive industry are Continental AG, Robert Bosch, Hella Group, Delphi, Valeo, TRW Automotive, Alps Electric and Mitsubishi Electric Corporation. New product development, capacity expansion and regional expansion are the key strategies adopted by the key players to gain competitive edge in the market.

     

    Research Methodology

    For calculating the market size, our analysts follow either Top-Bottom or Bottom-Top approach or both, depending upon the complexity or availability of the data points. Our reports offer high-quality insights and are the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. We leverage multitude of authenticated secondary sources, such as company annual reports, government sources, trade associations, journals, investor presentation, white papers, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts are usually executed to obtain both qualitative and quantitative insights.

     

    Market Scope & Segmentation

    Research Scope

    Trend & Forecast Period

    2014-2025

    Forecast

    >4% CAGR during 2020-2025

    Regions Covered

    North America, Europe, Asia-Pacific, Rest of the World

    Figures & Tables

    >150

    Customization

    Up to 10% customization available free of cost

     

    The market is segmented in the following ways:

    Automotive Immobilizer Market Size, Share & Forecast by Vehicle Type:

    • Passenger Car
    • Light Duty Vehicles
    • Medium & Heavy-Duty Vehicles

    Automotive Immobilizer Market Size, Share & Forecast by End Market:

    • OEM
    • Aftermarket

    Automotive Immobilizer Market Size, Share & Forecast by Region:

    • North America
    • Europe
    • Asia – Pacific
    • Rest of the World

    Automotive Immobilizer Market Forecast

    Report Features

    This report, from Stratview Research, studies the global immobilizer market in the automotive industry over the period 2014 to 2025. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis.
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Market trend and forecast analysis.
    • Market segment trend and forecast.
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for the existing and new players.
    • Key success factors.

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3)
    • SWOT analysis of key players (up to 3)

    Regional Segmentation

    • Current market segmentation of any one of the regions by vehicle type

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your enquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of the Automotive Immobilizers Market in the foreseeable years?

    Driven by a number of factors like Increasing automotive production, the automotive immobilizer market is projected to grow at >4% CAGR during 2020-25.

    Which country/region is expected to be the growth engine of the Automotive Immobilizer Market?

    Asia-Pacific region is expected to be the the growth engine of the global automotive immobilizers market in the next five years, driven by emerging economies, such as China and India.

    Which vehicle type is expected to remain dominant?

    Passenger car is expected to remain the most dominant vehicle type in the market in the coming years.

    Who are the key players in the Automotive Immobilizer Market?

    Continental AG, Robert Bosch, Hella Group, Delphi, Valeo, TRW Automotive, Alps Electric and Mitsubishi Electric Corporation. are among the key players in the automotive immobilizer market.

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