Car Alarm System Market to Witness Sales Slump in Near Term Due to COVID-19; Long-term Outlook Remains Positive

In the report, “Car Alarm System Market: Global Industry Analysis and Opportunity Assessment, 2016 – 2026”, Future Market Insights analyses the global Car Alarm System market for the period 2016–2026. The primary objective of the report is to offer updates and market opportunities in the global Car Alarm System market.

To understand and assess the global Car Alarm System market, the report is categorically split into four sections: market analysis by region, by product type, by car type and by sales channel. The report analyses the global Car Alarm System market in terms of market value (US$ Mn) and volume (‘000 Units)

Report description

The report starts with an overview of the Car Alarm System market across the globe. This section also includes FMI’s analyses of key trends, drivers and restraints from the supply and demand perspectives. Impact analysis of key growth drivers and restraints based on the weighted average model are included in the report to better equip and arm clients with crystal-clear, decision-making insights.

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The next section of the report includes analysis of the global Car Alarm System market on the basis of geographical segmentation. The global Car Alarm System market is geographically segmented into seven key regions:

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia-Pacific Excluding Japan
  • Japan
  • Middle East and Africa

The section that follows analyses the market on the basis of product type and presents the forecast in terms of volume and value for the next 10 years. Product type covered in the report are:

  • Immobilizer System
  • Remote Central Locking System
  • Alarm System
  • Other Systems (Vehicle Trackers, Perimeter Sensor, Ultrasonic Sensor and Glass Break Sensor)

This is followed by a section analysing the market based on car type and presents the forecast in terms of volume and value for the next 10 years. By car type, the market is segmented into:

  • Economic Cars
  • Mid-Range Cars
  • Premium Cars

The next section analyses the market based on sales channel and presents the forecast in terms of volume and value for the next 10 years. By sales channel, market is segmented into:

  • OEM Market
  • Aftermarket

In the final section of the report, the Car Alarm System market landscape is included to provide report audiences with a dashboard view, based on categories of providers across the value chain, presence in Car Alarm System product portfolio and key differentiators.

Research methodology

To calculate the market size, the report considers the average selling price of various types of Car Alarm Systems based on car type and regions across geographies. Market prices are taken at manufacturer’s level which also vary by sales channel- OEM and Aftermarket. Market size has been calculated differently for OEM market and aftermarket. Each of these sales channel follow different trends and provide different opportunities in the various segments. Final addition of both the sales channel is done after calculating market split by car type, product type and region. Furthermore, qualitative inputs from primary respondents have been incorporated to arrive at appropriate market estimates. The forecast presented here assesses the total revenue from the Car Alarm System market.

When developing the market forecast, the starting point is sizing up the current market and previous years market, which forms the basis on how the market is anticipated to take shape in the near future. Given the characteristics of the market, we triangulated the outcome on the basis of various analysis results based on supply side and demand side. However, quantifying the market across the aforementioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them after the forecast has been completed.

In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities across the Car Alarm System market.

As previously highlighted, the market for Car Alarm System is split into various segments, based on region, product type, car type and sales channel. All these segments or categories have been analysed in terms of basis point share (BPS) to understand individual segment’s relative contribution to growth. This detailed level of information is important for identification of many key trends in the Car Alarm System market.

Table Of Content

1. Executive Summary

2. Market Overview

2.1. Market Definition

2.2. Market Taxonomy

3. Car Alarm System Market Analysis 

3.1. Market Volume Analysis

3.1.1. Replacement Rate and Lifecycle Analysis

3.2. Pricing Analysis

3.2.1. Pricing Assumptions

3.2.2. Price Projections Per Region

3.3. Market Size and Forecast

3.3.1. Market Size and Y-o-Y Growth

3.3.2. Absolute $ Opportunity

3.4. Market Overview

3.4.1. Value Chain

3.4.2. Profitability Margins

3.4.3. List of Active Participants

3.4.3.1. Component Suppliers

3.4.3.2. Integrators

3.4.3.3. Manufacturers

3.4.3.4. Distributors / Retailers

3.4.3.5. MRO Service Providers

3.5. Product  – Cost Teardown Analysis

4. Market Dynamics

4.1. Macro-economic Factors

4.2. Drivers

4.2.1. Supply Side

4.2.2. Demand Side

4.3. Restraints

4.4. Opportunity

4.5. Forecast Factors – Relevance and Impact

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Another key feature of this report is the analysis of the Car Alarm System market by region, product type, car type and sales channel and its revenue forecast in terms of absolute dollar. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global Car Alarm System market.

Furthermore, to understand key segments in terms of growth and performance in the Car Alarm System market, Future Market Insights developed a market attractiveness index. The resulting index should help providers to identify real market opportunities.