Automotive Immobilizer Market Growing at 3.77% CAGR to 2020

New Research on Global Automotive Immobilizer Market 2016-2020report adds in RnRMarketResearch.com including 85 Pages and provides Exhibits.

The automotive immobilizer, also known as engine immobilizer, is a vehicle anti-theft system. It is embedded into the engine ECU. It allows the engine to start only with the vehicle’s authorized key. The transponder chip in the vehicle key stores the digital security code or password. The code stored in the key and the one stored in the vehicle unit should match for the ECU to allow engine ignition. Once matched, the immobilizer sends a signal to the engine management system to activate the engine.

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The analysts forecast global automotive immobilizer market to grow at a CAGR of 3.77% during the period 2016-2020. This report covers the present scenario and the growth prospects of the global automotive immobilizer market for 2016-2020. To calculate the market size, the report considers a top down approach, wherein the overall automobile production units are considered, which includes passenger cars, LCVs, and HCVs.

Adoption of biometrics-based vehicle security systems will be a key trend for market growth. Biometrics include methods to execute measurements based on human biology. Such technologies work to identify physical parameters, such as voice, finger or palm print, iris structure, and typing rhythm among others. The automotive industry has explored biometric technologies over the last few years in a bid to enhance the functionality and security aspects of automobiles. Typically, the application of biometric technologies in the automotive domain includes vehicle access, ignition permissions, anti-theft systems, and on-board communication programs among others.

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Key players in the global automotive immobilizer market: Continental, Delphi, Bosch, Hella, and Mitsubishi Electric. Other Prominent Vendors in the market are: Alps Electric, Autowatch, Cyclops, Lear, Mastergard Enterprises, NXP, Revelco, Strattec security, Tokai Rika, Valeo, and ZF TRW Automotive.

One of the key drivers for market growth will be regulations driving standardization of vehicle security systems. Since several regulatory bodies across the globe have taken initiatives to improve and standardise safety even in entry level vehicles, immobilizers are gradually attaining an adoption rate of 100%. Present day keyless entry systems communicate with vehicles through microwave or radio frequency. The latest technologies that involve smartphones or smartwatches to unlock/lock vehicle doors have increased the possibility of these systems to be hacked. This is leading to higher security requirements, so the need for standardization has become inevitable. No automotive electronic component is made by a single company.

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One of the key drivers for market growth will be increased use of surface-modified titanium in fixation systems. Use of titanium to manufacture cervical implants has increased in the recent years. Spinal implants such as screws, plates, single-piece fixation systems, and bolts are being manufactured with titanium over stainless steel. A new class of titanium implants with nano-roughened (micron-level) surface modifications are being used to induce greater osteoblast differentiation of stem cells than PEEK. These implants are strong, lightweight, and allow for better computed tomography (CT) and MRI imaging after implantation with minimum interference. Also, titanium implants maintain a porous structure on the inner surfaces promoting the integration of bone for enhanced fusion and retroserrated toothing on the caudal and cranial surfaces of the implant, providing adequate primary stability. Hence, growing use of titanium in fixation systems will drive the growth of the anterior cervical fixation devices market.

Further, the report states that vehicle entry systems have evolved from using mechanical components to advance electronic components. These components use electromagnetic communication to lock and unlock doors. But they have been exposed to cybercrimes. The market witnesses challenges arising from concerns over electronic vulnerability of the system. This is certainly an issue that is bound to attract attention from consumers and insurance providers. Although regulatory bodies have been actively taking initiatives in reducing the vulnerability of automotive security systems from hacktivists and organised crimes, experts believe that organised crime has been successful in developing counter mechanisms to penetrate automotive security systems.

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