Stolen Vehicle Recovery Systems Market Size, Industry Analysis Report By component (Ultrasonic intruder protection system (UIP), Backup battery siren (BBS), Central locking systems, Automatic collision detection system, Automatic collision detection system, Automatic driver recognition system (ADRS), Remote keyless entry system), By vehicle type (Passenger vehicle, Commercial vehicle), By technology (Ultrasonic, Radio frequency identification) & Region - Forecasts By 2033
- PUBLISHED ON
- 2023-09-19
- NO OF PAGES
- 217
- CATEGORY
- Automotive & Transportation
Market Overview
The Global Stolen Vehicle Recovery Systems is presently worth USD 12,304.8 million and is poised to amplify at a CAGR of 7.2% over 2023-2033, thereby amassing a valuation of USD 23,005.3 million by end of the assessment timeline.
Report Scope
Report Attributes | Description |
Market Forecast in 2022 | USD 12,304.8 Million |
Market Forecast in 2033 | USD 23,005.3 Million |
CAGR % 2023-2033 | 7.2% |
Base Year | 2022 |
Historic Data | 2020-2021 |
Forecast Period | 2023-2033 |
Report USP | Product Vehicle type, end-user industry, company share, company heatmap, company Material Technology Vehicle type capacity, growth factors and more |
Segments Covered | Component, Vehicle type, Technology |
Regional Scope | North America, Europe, APAC, South America and Middle East and Africa |
Country Scope | U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Key Companies | HELLA GmbH & Co., KGaA, Robert Bosch GmbH, Valeo, Continental AG,, Denso Corporation,, Mitsubishi Electric Corporation, OMRON Corporation, ALPS Alpine Co., Ltd., Tokairika, Co., Ltd., Lear Corporation,, and Spireon |
Stolen Vehicle Recovery Systems Market: Description
An anti-theft gadget that enables users to find their vehicle if it is lost is called a stolen vehicle recovery device. The user's automobile can still be stolen even with the gadget installed. If it gets into the wrong hands, it can assist clients reclaim it safely. Law enforcement personnel can find and recover the vehicle with the aid of radiofrequency technology included in vehicle recovery systems. Special computers send radio signals to the stolen car when users report a car theft to the police. It will be simpler to retrieve the vehicle thanks to these radio signals, which turn on the vehicle recovery system in the automobile and relay the location to police computers.
With the use of several devices, including a remote keyless entry system, central locking system, automated collision detection system, and ultrasonic intruder protection system, the stolen car security system successfully eliminates the likelihood of vehicle theft (UIP). The market for stolen car monitoring systems is expanding due to an increase in consumer expenditure on automobile telematics, particularly in the Asia-Pacific region, as well as increased knowledge of more contemporary technologies.
Vehicles that have been stolen are recovered using trucks. In addition, they are utilised for moving police tools and supplies to and from crime sites. The demand for trucks is anticipated to rise as a result of rising car theft rates, increased need for specialised vehicles in law enforcement, technical developments in the field of recovering stolen vehicles, and increased need for logistics as a result of global business expansion.
Ultrasonic, radio frequency identification (RFID), and other technologies make up the different segments of the market for stolen car recovery systems globally. The market's radio frequency identification category held the largest market share in 2021. RFID is a wireless technology that includes readers and tags. Through one or more antennas, the reader sends out radio waves and receives signals from the RFID tag. The car's key sensor is activated by a radio frequency signal. The vehicle is locked when the tag sensor determines that the driver does not have authorization to operate the vehicle. Due to its versatility, RFID is so ideal and in high demand for applications involving vehicle safety.
Stolen Vehicle Recovery Systems Market- Segmental Analysis:
Component Insights
The Ultrasonic intruder protection system (UIP) segment holds the largest market share, and is expected to grow to more in the upcoming years.
Vehicle type Insights
Passenger vehicle segment hold the largest market share among others, and is projected to grow further in the coming years.
Technology Insights
Ultrasonic segment lead the market with the highest market share, and is anticipated to increase more in the coming future years.
Regional Insights
The major regions constituting the geographical ambit of this business sphere are North America, Middle East & Africa, Europe, Asia Pacific, and South America. Among these, Asia-Pacific is projected to capture a substantial revenue share over 2023-2033.
Competitive Analysis
The prominent companies defining the competitive terrain of this marketplace are HELLA GmbH & Co., KGaA, Robert Bosch GmbH, Valeo, Continental AG,, Denso Corporation,, Mitsubishi Electric Corporation, OMRON Corporation, ALPS Alpine Co., Ltd., Tokairika, Co., Ltd., Lear Corporation,, and Spireon.
Stolen Vehicle Recovery Systems Market- Segmental Analysis
By component
· Ultrasonic intruder protection system (UIP)
· Backup battery siren (BBS)
· Central locking systems
· Automatic collision detection system
· Automatic collision detection system
· Automatic driver recognition system (ADRS)
· Remote keyless entry system
By vehicle type
· Passenger vehicle
· Commercial vehicle
· Others
By technology
· Ultrasonic
· Radio frequency identification
· Others
1. Global Stolen Vehicle Recovery System Market Introduction and Market
Overview
1.1.
Objectives of the Study
1.2.
Global Stolen Vehicle Recovery
System Market Scope and Market Estimation
1.2.1.Global Stolen
Vehicle Recovery System Overall Market Size, Revenue (US$ Mn) and Volume (Units),
Market CAGR (%), Market forecast (2023 - 2030)
1.2.2.Global Stolen
Vehicle Recovery System Market Revenue Share (%) and Growth Rate (Y-o-Y) from
2019 - 2030
1.3.
Market Segmentation
1.3.1.Component
of Global Stolen Vehicle Recovery System Market
1.3.2.Type of
Global Stolen Vehicle Recovery System Market
1.3.3.Technology
of Global Stolen Vehicle Recovery System Market
1.3.4.Region
of Global Stolen Vehicle Recovery System Market
2. Executive Summary
3. Market Factor Analysis
3.1. Global Stolen Vehicle
Recovery System Market Application Trends under COVID-19 Outbreak
3.1.1.Global
COVID-19 Status Overview
3.1.2.Influence
of COVID-19 Outbreak on Global Stolen Vehicle Recovery System Market Application
Development
3.2. Market Dynamics
3.2.1.Drivers
3.2.2.Limitations
3.2.3.Opportunities
3.2.4.Impact
Analysis of Drivers and Restraints
3.3. Value Chain/ Ecosystem
Analysis
3.3.1.Manufacturers
/ Vendors
3.3.2.Distributors
3.3.3.Buyers /
End-users
3.3.4.Forward
Integration & Backward Integration of Key Stakeholders
3.4. Global Stolen Vehicle
Recovery System Market - Pricing Trends Analysis & Average Selling Prices
(ASPs)
3.5. Porter’s Five Forces
Analysis
3.5.1.Bargaining
Power of Suppliers
3.5.2.Bargaining
Power of Buyers
3.5.3.Threat
of Substitutes
3.5.4.Threat
of New Entrants
3.5.5.Competitive
Rivalry
3.6. PEST Analysis
3.6.1.Political
Factors
3.6.2.Economic
Factors
3.6.3.Social
Factors
3.6.4.Technological
Factors
3.7. Impact of Russia Ukraine
War on Stolen Vehicle Recovery System Market
3.8. Impact of Economic
Downturn on Stolen Vehicle Recovery System Market
3.9. Stolen Vehicle Recovery
System Production Capacity, by Major Countries
3.10. Market Investment
Opportunity Analysis (Top Investment Pockets), By Segments & By Regions
4. Global Stolen Vehicle
Recovery System Market Estimates & Forecast Trend Analysis, by Component
4.1.
Global Stolen Vehicle Recovery
System Market Revenue (US$ Mn) and Volume (Units) Estimates and Forecasts, by Component,
2019 to 2030
4.1.1.Ultrasonic
intruder protection system (UIP)
4.1.2.Backup
battery siren (BBS)
4.1.3.Central
locking systems
4.1.4.Automatic
collision detection system
4.1.5.Automatic
driver recognition system (ADRS)
4.1.6.Remote
keyless entry system
5. Global Stolen Vehicle
Recovery System Market Estimates & Forecast Trend Analysis, by Type
5.1.
Global Stolen Vehicle Recovery
System Market Revenue (US$ Mn) and Volume (Units) Estimates and Forecasts, by Type,
2019 to 2030
5.1.1.Passenger
vehicle
5.1.2.Commercial
vehicle
5.1.3.Others
6. Global Stolen Vehicle
Recovery System Market Estimates & Forecast Trend Analysis, by Technology
6.1.
Global Stolen Vehicle Recovery
System Market Revenue (US$ Mn) and Volume (Units) Estimates and Forecasts, by Technology,
2019 to 2030
6.1.1.Ultrasonic
6.1.2.Radio
frequency identification
6.1.3.Others
7. Global Stolen Vehicle
Recovery System Market Estimates & Forecast Trend Analysis, by Region
7.1.
Global Stolen Vehicle Recovery
System Market Revenue (US$ Mn) and Volume (Units) Estimates and Forecasts, by
Region, 2019 to 2030
7.1.1.North
America
7.1.2.Europe
7.1.3.Asia
Pacific
7.1.4.Middle East & Africa
7.1.5.South
America
8. North America Stolen Vehicle Recovery System Market: Estimates & Forecast Trend Analysis
8.1. North America Stolen Vehicle Recovery System Market Assessments
& Key Findings
8.1.1.Stolen
Vehicle Recovery System Market Introduction
8.1.2.Stolen
Vehicle Recovery System Market Size Estimates and Forecast (US$ Million & Units)
(2019 – 2030)
8.1.2.1.
By Type
8.1.2.2.
By Technology
8.1.2.3.
By Component
8.1.2.4.
By Country
8.1.2.4.1.
The U.S.
8.1.2.4.2.
Canada
8.1.2.4.3.
Mexico
9. Europe Stolen Vehicle Recovery System Market: Estimates & Forecast Trend Analysis
9.1.
Europe Stolen Vehicle Recovery
System Market Assessments & Key Findings
9.1.1.Stolen
Vehicle Recovery System Market Introduction
9.1.2.Stolen
Vehicle Recovery System Market Size Estimates and Forecast (US$ Million & Units)
(2019 – 2030)
9.1.2.1.
By Type
9.1.2.2.
By Technology
9.1.2.3.
By Component
9.1.2.4.
By Country
9.1.2.4.1.
Italy
9.1.2.4.2.
Germany
9.1.2.4.3.
U.K.
9.1.2.4.4.
France
9.1.2.4.5.
Spain
9.1.2.4.6.
Rest of Europe
10. Asia Pacific Stolen Vehicle Recovery System Market: Estimates & Forecast Trend Analysis
10.1. Asia Pacific Market Assessments & Key Findings
10.1.1.
Stolen Vehicle Recovery System
Market Introduction
10.1.2.
Stolen Vehicle Recovery System
Market Size and Volume Estimates and Forecast (US$ Million & Units) (2019 –
2030)
10.1.2.1.
By Type
10.1.2.2.
By Technology
10.1.2.3.
By Component
10.1.2.4.
By Country
10.1.2.4.1. China
10.1.2.4.2. Japan
10.1.2.4.3. India
10.1.2.4.4. Australia
10.1.2.4.5. South Korea
10.1.2.4.6. ASEAN
10.1.2.4.7. Rest of Asia Pacific
11. Middle East & Africa Stolen Vehicle Recovery System Market: Estimates & Forecast Trend Analysis
11.1. Middle East & Africa Market Assessments & Key Findings
11.1.1.
Stolen Vehicle Recovery System
Market Introduction
11.1.2.
Stolen Vehicle Recovery System
Market Size and Volume Estimates and Forecast (US$ Million & Units) (2019 –
2030)
11.1.2.1.
By Type
11.1.2.2.
By Technology
11.1.2.3.
By Component
11.1.2.4.
By Country
11.1.2.4.1. U.A.E.
11.1.2.4.2. Saudi Arabia
11.1.2.4.3. Egypt
11.1.2.4.4. South Africa
11.1.2.4.5. Rest of Middle East & Africa
12. South America Stolen Vehicle Recovery System Market: Estimates & Forecast Trend Analysis
12.1. South America Market Assessments & Key Findings
12.1.1.
Stolen Vehicle Recovery System
Market Introduction
12.1.2.
Stolen Vehicle Recovery System
Market Size and Volume Estimates and Forecast (US$ Million & Units) (2019 –
2030)
12.1.2.1.
By Type
12.1.2.2.
By Technology
12.1.2.3.
By Component
12.1.2.4.
By Country
12.1.2.4.1. Brazil
12.1.2.4.2. Argentina
12.1.2.4.3. Colombia
12.1.2.4.4. Rest of South America
13.
Competition Landscape
13.1. Stolen Vehicle Recovery System Market Competition Matrix &
Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants
13.2. Stolen Vehicle Recovery System Market Competition White Space
Analysis, By End-user
13.3. Stolen Vehicle Recovery System Market Competition Regional Intensity
Map Analysis, By Geographies Served
13.4. Stolen Vehicle Recovery System Market Concentration & Company
Market Shares (%) Analysis, 2022
14.
Company Profiles
14.1.HELLA GmbH & Co., KGaA
14.1.1.
Company Overview & Key
Stats
14.1.2.
Financial Performance &
KPIs
14.1.3.
Product Portfolio
14.1.4.
Business Strategy & Recent
Developments
* Similar details would be provided for all the players
mentioned below
14.2.Robert Bosch GmbH
14.3.Valeo,
14.4.Continental AG
14.5. Denso Corporation
14.6.Mitsubishi Electric Corporation
14.7.OMRON Corporation
14.8.ALPS Alpine Co., Ltd
14.9.Tokairika, Co., Ltd.
14.10.
Lear
Corporation
14.11.
Spireon.
14.12.
Others**
15.
Research Methodology
15.1.
External Power
Outputs / Databases
15.2.
Internal
Proprietary Database
15.3.
Primary
Research
15.4.
Secondary
Research
15.5.
Assumptions
15.6.
Limitations
15.7.
Report
FAQs
16.
Research Findings & Conclusion
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Market Estimates and Forecast
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Frequently Asked Questions
What is the market size and growth projections?
The Global Stolen Vehicle Recovery Systems is presently worth USD 12,304.8 million and is poised to amplify at a CAGR of 7.2% over 2023-2033, thereby amassing a valuation of USD 23,005.3 million by end of the assessment timeline.
What are the drivers shaping various markets?
The car's key sensor is activated by a radio frequency signal. The vehicle is locked when the tag sensor determines that the driver does not have authorization to operate the vehicle. Due to its versatility, RFID is so ideal and in high demand for applications involving vehicle safety.
Who are the key competitors of market Players?
Some of the major players operating within the market are HELLA GmbH & Co., KGaA, Robert Bosch GmbH, Valeo, Continental AG,, Denso Corporation,, Mitsubishi Electric Corporation, OMRON Corporation, ALPS Alpine Co., Ltd., Tokairika, Co., Ltd., Lear Corporation,, and Spireon
What are the top performing segments, and countries / regions of each of the markets?
The major regions constituting the geographical ambit of this business sphere are North America, Middle East & Africa, Europe, Asia Pacific, and South America.
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