Global Passenger Car Security Systems Market 2015-2019 : The following companies are the key players in the global
passenger car security systems market: Alps Electric, Bosch,
Continental, Delphi Automotive, Mitsubishi Electric and TRW Automotive
Other Prominent Vendors in the market are: Hella Kgaa Hueck, LearTokai Rika and Valeo
Commenting on the report, an analyst said: The global passenger car
security systems market is highly fragmented with the presence of
numerous small vendors that operate in niche markets. As niche market
players have new technologies in their portfolio, the most favored way
for large vendors to enter the market is through the partnerships of
these niche players. Further, with increased competition, vendors might
choose partnerships for consolidating their strengths. For instance,
Dynamco has partnered with Dynatron Passenger car security for vehicle
alarms. It also provides GPS, which is a vehicle tracking system.
According to the report, in the current competitive environment, OEMs
need to be in sync with the latest technological trends. With the
increasing number of car thefts, there is growing awareness about
passenger car security systems among end-users. Vendors are also
increasing their reach through advertisements, trade fairs, seminars and
webinars, and other promotional events. This is helping end-users in
choosing suitable passenger car security systems. Also, the ready
availability of advanced and user-friendly security systems is
encouraging end-users to invest in passenger car security systems.
Further, the report states that passenger car security systems are
not infallible and this degree of unreliability may hamper market
growth.
The study was conducted using an objective combination of primary and
secondary information including inputs from key participants in the
industry. The report contains a comprehensive market and vendor
landscape in addition to a SWOT analysis of the key vendors.
