Worldwide Business Information and Market Reports
Telephone +44 1404 891528 Fax +44 1404 891717 Email reportfinder @ tiscali.co.uk
ISBN 1-85765-840-X
WANT TO BUY THIS? Just one of a HUGE range of titles from publishers such as Aktrin, AMA Research, eMarketer, Key Note, MAPS, MBD, MSI and The Prospect Shop that you can BUY RIGHT NOW online from us. To buy or to browse further, use either of the Back To buttons below to activate our catalogue. If you would like to buy this title, you will find it in alphabetic order in the Index using the first Back To button. If you need further information, please contact us using the details at the top of this page. Please tell your colleagues if you find our site useful!

Key Note estimates that the market for vehicle security products was worth £219m at manufacturers' selling prices (msp) in 1997. The broad product sectors in this market are locks, other mechanical devices (including mechanical immobilisers), tracking systems and other electronic devices. The latter includes electronic and electromechanical immobilisers, alarms and combined alarm and immobiliser systems. Security marking, e.g. window etching, accounts for a small share of the market. There is a high level of product innovation in the vehicle security industry, as the manufacturers have to keep ahead of the attempts of thieves to override their systems
.After a period of very strong growth, the market
appears to be maturing. Demand depends to a large extent on the new car market,
although there is still scope for aftermarket sales to upgrade or add security
features to cars on the road.
The level of vehicle crime is decreasing,
partly as a result of improved security. However, fewer stolen cars are being
recovered, and it appears that more crimes are being committed by skilled
professional thieves. Increasingly sophisticated devices are therefore needed
to protect vehicles. Despite the improvement in the car crime rate, the level
in the UK is far higher than the European average.
New car registrations in the UK have been rising
annually for several years. They are expected to rise again in 1998, before
levelling off and decreasing slightly. Output by the UK motor industry
continues to rise and exports are increasing -- although production of cars for
the home market is declining.
The product sector showing the strongest growth is
that of stolen vehicle tracking, which only came on to the market in the UK
towards the end of 1993. This sector still has very good prospects. There is
also potential for greater protection of commercial vehicles (CVs) and their
loads.
Government policy on alleviating the problems of traffic pollution and congestion could have a big impact on car sales and, consequently, on the vehicle security market. If the Government is successful in reducing the number of cars on the road, the overall vehicle security market could experience a gradual decline after 1998
Text © 1998 Key Note
Ariadne - working together with our customers to enhance productivity and increase knowledge
© 1999 www.the-list.co.uk Ariadne
Last updated by Duncan Nottage 5th March 1999