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Vehicle Anti -Theft Market Synopsis and, Major Companies Analysis and Forecast to 2022
Vehicle Anti -Theft Market Synopsis and, Major Companies Analysis and Forecast to 2022, 6/30/2020 - Market Research Future (MRFR) has launched a new release on the global Vehicle Anti -Theft Market. The report presents a thorough overview of the global Vehicle Anti -Theft Market on the back of a detailed analysis of the market’s historical growth trajectory and leading segments. The market’s historical growth trajectory is assessed in detail in the report in order to understand the major factors underlying the market’s growth in the study period. Vehicle Anti -Theft Market – Overview

An anti-theft system is used in the vehicles to prevent an unauthorized access to the vehicles. Anti-theft systems have evolved from the invention of lock and key to the introduction of biometric technology. The technology driven automotive industry is based on the biometric and other software based system in order to prevent the vehicle from theft.Anti-theft devices adds security to vehicles and may also lower vehicle insurance rates. It also provides advanced protection like stolen vehicle tracking, microprocessors with digital signal processing, ultrasonic sensors, rechargeable batteries, and closed tool chain for configuration and simulation. According to a recent study report published by the Market Research Future, The global market of Vehicle Anti-Theft is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2022).

There are various trends evolved in the Vehicle Anti -Theft Market which are implemented using Global Positioning System (GPS) and Global System for Mobile Communication (GSM). This system are smart enough to locate the vehicle if it has stolen. There are various developments taken place in the anti-theft system which includes operation of ARM 7 microcontroller, GSM and GPS module simultaneously with an accelerometer and temperature sensor, hybrid GPS-GSM localization of vehicles Tracking System, security system based on RFID, GPS and GSM, and among others. All the above models are effective in terms of vehicle security is concerned.

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