Published by Coherent Market Insights
Posted on September 24, 2021
3 min readLast updated: February 2, 2026
The car security market is growing due to vehicle biometrics. Key players include Omron and Valeo, with a 6% CAGR expected.
United States/WA: The global car security market was valued at US$ 7,971.5 Mn in terms of value in 2019. The market is estimated to grow at a CAGR of 6.0% during the forecast period.
Report Pages:[130 Pages]
The Competitive Area of the Car Security Market is Defined by Key Players Like:–Omron Corporation, Tokai Rika Co., Ltd., Valeo S.A., Continental AG, Delphi Automotive PLC, Robert Bosch GmbH, Denso Corporation, Mitsubishi Electric Corporation, and Tokai Rika Co., Ltd.
Automotive security refers to the branch of computer security focused on the cyber risks related to the automotive context. The increasingly high number of ECUs in vehicles and, alongside, the implementation of multiple different means of communication from and towards the vehicle in a remote and wireless manner led to the necessity of a branch of cybersecurity dedicated to the threats associated with vehicles. Not to be confused with automotive safety. The method used to hack the system was the implementation of a pre-programmed chip into the controller area network (CAN) bus. By inserting this chip into the CAN bus, he was able to send arbitrary messages to CAN bus. One other thing that Miller has pointed out is the danger of the CAN bus, as it broadcasts the signal which the message can be caught by the hackers throughout the network.
These systems all have their pros and cons, which we will look at a little closer below. You might find that you do not need to have just one of these systems. Instead, you may want to consider some of the benefits that can come from having these types of systems working together. A car alarm and a car tracker tend to work well together, for example. . Most vehicles have something similar installed on them. When the system is triggered, either by attempting to break in or by standing too close to the vehicle, a loud alarm sounds to attempt to scare off would-be thieves. The continuing evolution of automotive technology aims to deliver even greater safety benefits and – one day – deliver automated driving systems (ADS) that can handle the whole task of driving when we don’t want to or can’t do it ourselves.
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The post [PDF] Car Security Market Witnesses Upward Trend with Increasing Adoption of Vehicle Biometrics appeared first on Gatorledger.
The article discusses the growth of the car security market, focusing on the adoption of vehicle biometrics.
Key players include Omron Corporation, Valeo S.A., and Continental AG.
The increasing adoption of vehicle biometrics is a major driver of market growth.
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