Automotive Immobilizer Market Manufacturers, Growth Rate By Application, Market Size And Forecast  2018 - 2026

 An immobilizer for automotive is an electronic security appliance, which prevents the engine from operating unless the appropriate key is present. A vehicle incorporated with an immobilizer can be started only after the identified key has successfully communicated with the transponder, which reduces the chances of vehicle theft that is carried out by bypassing the ignition system in the engine. This, in turn, reduces vehicle theft. An immobilizer also integrates the transmission of data for the remote keyless entry system, the tire pressure monitoring system, and the passive start and entry system into a single receiver control module. 

Increase in vehicle theft and the demand for embellish anti-theft system is a key factor that is expected to drive the  automotive immobilizer market during the forecast period. Increase in production of vehicles with enhanced vehicle protection mechanism is also projected to boost the immobilizer for automotive market during the forecast period. Integration of transmission data into a single receiver control module curtails the space and cost of the device, thereby making the appliance efficient. Research across the world has revealed that incorporation of an immobilizer in the vehicle resulted in a 40% reduction of vehicle theft. These benefits are likely to provide lucrative opportunities to the immobilizer for automotive market.

The immobilizer for automotive market can be segment based on components, vehicle type, sales channel, and region. Based on components, the immobilizer for automotive market can be bifurcated into five segments, which include transceiver, electronnullic control unit, and other segments. In terms of components, the transceiver segment accounted for a major share of the market. Transceivers are devices that transmit and receive signals, in particular, a combined radio transmitter and receiver. In automotive, transceivers, receive and exchange data that provide input to the electronic control unit. 

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Based on vehicle type, the immobilizer for automotive market can be segregated into passenger vehicles and commercial vehicles. The passenger vehicle segment holds a prominent share of the market, as compared to the commercial vehicle segment, owing to the higher rate of adoption of the anti-theft system. Based on vehicle, passenger vehicles were the most vulnerable to hot wiring and car theft, and these means posed a real threat to automobile owners around the world. 

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In terms of sales channel, the immobilizer for automotive market can be divided into original equipment manufacturer (OEMs) and another segment. The OEMs segment holds a major share of the market, as compared to the other segment. This is due to the higher production of vehicles with immobilizer. 

Based on geography, the immobilizer for automotive market can be segmented into five regions. Europe and North America account for a significant share of the global immobilizer for automotive market, owing to the high rate of adoption and demand for vehicle safety in these regions. Germany was the first country to employ immobilizers in vehicles. Germany was followed by the U.S., to incorporate immobilizers in vehicles. Rising demand for improved vehicle protection systems in these regions is expected to boost the immobilizer for automotive market. 

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Prominent players operating in the global immobilizer for automotive market include Robert Bosch GmbH, Continental AG, Delphi, HELLA GmbH & Co. KGaA, ZF Friedrichshafen AG, NXP Semiconductors, Valeo, ALPS Electric Co., Ltd., Mitsubishi Electric Corporation, Wabco, Ravelco, Lear Corporation., and TOKAIRIKA, Co, Ltd. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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