Report Description Table of Contents The passenger car security systems market was worth USD 12.5 billion in 2023 and will be worth USD 21.9 billion by 2030, growing at a CAGR of 8% during the forecast period. The Passenger Car Security Systems market is driven by the rising demand for advanced vehicle safety features amid increasing car theft rates and stricter regulations for vehicle safety. Global car theft incidents continue to be a significant concern, with the FBI reporting over 720,000 vehicle thefts in the U.S. alone in recent years. This has pushed automakers to integrate advanced security systems such as biometric access control, GPS tracking, and anti-theft alarm systems. For example, modern keyless entry systems combined with facial or fingerprint recognition provide heightened protection against unauthorized access. The latest developments include the integration of artificial intelligence and IoT in security systems, which enable tracking of vehicles in real-time as well as physically control vehicles remotely to render them useless. In addition, the emergence of electrically connected car services is increasing the requirement for effective cybersecurity, boosting the growth of the passenger car security systems market. A key opportunity in the Passenger Car Security Systems market lies in the rapid growth of connected and autonomous vehicles, expected to surpass 80 million units globally by 2025. With these vehicles relying heavily on digital infrastructure, the need for advanced cybersecurity and anti-theft systems is increasing. For example, the rise of smart keys and mobile app-based car access creates new vulnerabilities, making real-time tracking, remote immobilization, and encryption critical for modern car security systems. Recent advancements include the integration of blockchain technology for securing car-to-cloud communication and enhancing the protection of data and vehicle systems. Additionally, the push for stricter safety regulations and consumer demand for greater vehicle protection are opening doors for manufacturers to innovate and deliver more robust, connected security solutions. Market Segmentation By System Type: Alarm Systems Immobilizers Remote Keyless Entry (RKE) Biometric Systems (Facial Recognition, Fingerprint Scanners) GPS Tracking Systems Central Locking Systems By Vehicle Type: Hatchbacks Sedans SUVs Electric Vehicles (EVs) By Technology: Passive Keyless Entry (PKE) Active Keyless Entry Mobile App-Based Systems Blockchain-based Security Systems Cloud-based Security Systems By Sales Channel: OEM (Original Equipment Manufacturer) Aftermarket By Region North America US Mexico Canada Rest of North America Europe Switzerland Russia France Germany U.K Finland Turkey Netherlands Belgium Spain Italy Rest of Europe Asia Pacific India China South Korea Japan Singapore Thailand Indonesia Malaysia Philippines Australia Rest of Asia-Pacific LAMEA Brazil Argentina Uruguay Saudi Arabia Rest of LAMEA Segment Analysis for the Passenger Car Security Systems Market By System Type: Leading Segment: Alarm Systems Alarm systems hold the largest market share, accounting for over 30%, as they are a standard security feature in most passenger cars. These systems are cost-effective & widely adopted across all vehicle segments, particularly in emerging markets. Toyota includes basic alarm systems in its entry-level models, ensuring broad accessibility. Alarm systems are expected to grow steadily at a CAGR of 7% due to consistent demand. Fastest-Growing Segment: Biometric Systems Biometric systems are growing at a CAGR of 12%, driven by advancements in facial recognition & fingerprint scanners. Premium car manufacturers like Tesla & BMW are integrating biometric systems into their high-end vehicles to enhance security. BMW’s Digital Key Plus uses facial recognition to unlock cars, reflecting a shift toward cutting-edge security solutions. By Vehicle Type: Leading Segment: SUVs SUVs account for over 40% of the market share due to their popularity and higher average price points, which justify the integration of advanced security systems. Brands like Ford and Hyundai offer SUVs equipped with GPS tracking and immobilizer systems to deter theft. This segment is projected to expand at a CAGR of 8% as SUVs continue to dominate global passenger car sales. Fastest-Growing Segment: Electric Vehicles (EVs) The EV segment is growing at a CAGR of 14%, fueled by increasing EV adoption globally. EVs often come equipped with advanced security features such as blockchain-based & mobile app-based systems. Tesla offers mobile app-based security that allows users to monitor & control their vehicles remotely which highlights the segment's technological advancements. By Technology: Leading Segment: Passive Keyless Entry (PKE) PKE dominates the market with a 35% share because of its seamless functionality & integration across vehicle types. Leading manufacturers like Audi & Mercedes-Benz incorporate PKE systems as a standard feature in mid to high end models. PKE systems are projected to grow steadily at a CAGR of 9%, supported by their widespread adoption. Fastest-Growing Segment: Mobile App-Based Systems Mobile app-based systems are growing at a CAGR of 15%, driven by consumer demand for connected vehicle features. For example, General Motors’ OnStar system enables users to lock/unlock vehicles, track locations & monitor diagnostics via a mobile app, exemplifying the trend toward enhanced connectivity & security. By Sales Channel: Leading Segment: OEM (Original Equipment Manufacturer) OEMs account for over 65% of the market share, as manufacturers increasingly integrate security systems during production. Companies like Honda & Volkswagen offer factory-installed immobilizers & alarm systems as standard which ensures vehicle security from the point of sale. OEM sales are expected to grow at a CAGR of 8% due to their convenience & reliability. Fastest-Growing Segment: Aftermarket The aftermarket segment is expanding at a CAGR of 11%, driven by consumer demand for retrofitting older vehicles with advanced security features. Third-party solutions like Viper alarm systems & CarLock tracking devices allow car owners to enhance security without buying new vehicles. This segment is particularly strong in regions with a high prevalence of used cars. By Region: Leading Region: North America North America holds the largest market share of over 35%, supported by stringent vehicle security regulations and the widespread adoption of advanced systems. The U.S. leads the region with high penetration of GPS tracking and immobilizer systems. For example, Ford includes remote keyless entry and immobilizer systems in most of its passenger vehicles. North America is expected to grow at a CAGR of 7.5% due to continuous technological innovation. Fastest-Growing Region: Asia Pacific APAC is expanding at a CAGR of 13%, driven by increasing vehicle sales in China and India and rising consumer awareness of security systems. Regional manufacturers like Tata Motors & BYD are incorporating central locking systems & alarm systems into their vehicles to cater to the growing demand. The expansion of the EV market in this region further accelerates the adoption of advanced security solutions. Key Players Robert Bosch GmbH Continental AG Valeo S.A. Denso Corporation Delphi Automotive PLC Hella GmbH & Co. KGaA Lear Corporation ZF Friedrichshafen AG Mitsubishi Electric Corporation Alps Alpine Co., Ltd. Tokai Rika Co., Ltd. Passenger Car Security Systems Market Report Coverage Report Attribute Details Forecast Period 2023 – 2030 Market Size Value in 2023 USD 12.5 billion Revenue Forecast in 2030 USD 21.9 billion Overall Growth Rate CAGR of 8% Base Year for Estimation 2022 Historical Data 2017 – 2021 Unit USD Billion, CAGR (2023 – 2030) Segmentation By Type, By Technology, By Application, By Region By Type Immobilizers, Central Locking Systems, Alarms, Biometric Security Systems By Technology Global Positioning System (GPS), Radio Frequency Identification (RFID), Biometrics By Application Theft Prevention, Vehicle Access Control, In-Vehicle Monitoring By Region North America, Europe, Asia-Pacific, LAMEA Country Scope US, Canada, Mexico, UK, Germany, France, China, Japan, India, South Korea, Australia, etc. Pricing and Purchase Options Avail customized purchase options to meet your exact research needs. Frequently Asked Question About This Report How big is the Passenger Car Security Systems Market? The Passenger Car Security Systems market was valued at USD 12.5 billion in 2023 and is expected to reach USD 21.9 billion by 2030, growing at a CAGR of 8% during the forecast period. What are the key factors driving the growth of the Passenger Car Security Systems Market? The rise in vehicle thefts, increasing consumer demand for advanced safety features, and stringent government regulations on vehicle security are key drivers. Which region held the largest Passenger Car Security Systems Market share? Europe leads the market due to a strong focus on vehicle safety regulations and high adoption of advanced security systems. Which application had the largest Passenger Car Security Systems Market share? The alarm systems segment holds a substantial share, driven by the widespread use of alarms as a primary vehicle security measure. Who are the major players in the Passenger Car Security Systems Market? Key players include Continental AG, Robert Bosch GmbH, and Valeo S.A. . Table of Contents 1. PASSENGER CAR SECURITY SYSTEMS MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030) 1.1. North America 1.2. Europe 1.3. Asia Pacific 1.4. Latin America 1.5. Middle East & Africa 2. PASSENGER CAR SECURITY SYSTEMS MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030) 2.1. North America 2.2. Europe 2.3. Asia Pacific 2.4. Latin America 2.5. Middle East & Africa 3. MARKET SHARE ANALYSIS – PASSENGER CAR SECURITY SYSTEMS MARKET 3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume 3.2. Market Share, 2023 3.3. Market By System Type and End Use Outlook Analysis 4. HISTORIC TRENDS IN PASSENGER CAR SECURITY SYSTEMS MARKET 5. EMERGING MARKET TRENDS 6. NORTH AMERICA PASSENGER CAR SECURITY SYSTEMS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 6.1. North America Passenger Car Security Systems Historical Market ($MILLION), (2017 – 2023) 6.2. North America Passenger Car Security Systems Market ($MILLION) and Forecasts (2024 – 2030) 6.3. North America Passenger Car Security Systems Market Type ($MILLION), and Forecasts (2024 – 2030), By System Type 6.3.1. Alarm Systems 6.3.2. Immobilizers 6.3.3. Remote Keyless Entry (RKE) 6.3.4. Biometric Systems (Facial Recognition, Fingerprint Scanners) 6.3.5. GPS Tracking Systems 6.3.6. Central Locking Systems 6.4. North America Passenger Car Security Systems Market Type ($MILLION), and Forecasts (2024 – 2030), By Vehicle Type 6.4.1. Hatchbacks 6.4.2. Sedans 6.4.3. SUVs 6.4.4. Electric Vehicles (EVs) 6.5. North America Passenger Car Security Systems Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology 6.5.1. Passive Keyless Entry (PKE) 6.5.2. Active Keyless Entry 6.5.3. Mobile App-Based Systems 6.5.4. Blockchain-based Security Systems 6.5.5. Cloud-based Security Systems 6.6. North America Passenger Car Security Systems Market Type ($MILLION), and Forecasts (2024 – 2030), By Sales Channel 6.6.1. OEM (Original Equipment Manufacturer) 6.6.2. Aftermarket 6.7. North America Passenger Car Security Systems Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 6.7.1. USA 6.7.2. Canada 6.7.3. Rest of North America 7. USA PASSENGER CAR SECURITY SYSTEMS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8. EUROPE PASSENGER CAR SECURITY SYSTEMS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8.1. Europe Passenger Car Security Systems Historical Market ($MILLION), (2017 – 2023) 8.2. Europe Passenger Car Security Systems Market ($MILLION) and Forecasts (2024 – 2030) 8.3. Europe Passenger Car Security Systems Market Type ($MILLION), and Forecasts (2024 – 2030), By System Type 8.4. Europe Passenger Car Security Systems Market Type ($MILLION), and Forecasts (2024 – 2030), By Vehicle Type 8.5. Europe Passenger Car Security Systems Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology 8.6. Europe Passenger Car Security Systems Market Type ($MILLION), and Forecasts (2024 – 2030), By Sales Channel 8.7. Europe Passenger Car Security Systems Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 8.7.1. Germany 8.7.2. France 8.7.3. UK 8.7.4. Italy 8.7.5. Spain 8.7.6. Rest of Europe 9. APAC PASSENGER CAR SECURITY SYSTEMS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 9.1. APAC Passenger Car Security Systems Historical Market ($MILLION), (2017 – 2023) 9.2. APAC Passenger Car Security Systems Market ($MILLION) and Forecasts (2024 – 2030) 9.3. APAC Passenger Car Security Systems Market Type ($MILLION), and Forecasts (2024 – 2030), By System Type 9.4. APAC Passenger Car Security Systems Market Type ($MILLION), and Forecasts (2024 – 2030), By Vehicle Type 9.5. APAC Passenger Car Security Systems Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology 9.6. APAC Passenger Car Security Systems Market Type ($MILLION), and Forecasts (2024 – 2030), By Sales Channel 9.7. APAC Passenger Car Security Systems Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 9.7.1. China 9.7.2. Japan 9.7.3. South Korea 9.7.4. India 9.7.5. Australia 9.7.6. Rest of APAC 10. LATIN AMERICA PASSENGER CAR SECURITY SYSTEMS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 10.1. Latin America Passenger Car Security Systems Historical Market ($MILLION), (2017 – 2023) 10.2. Latin America Passenger Car Security Systems Market ($MILLION) and Forecasts (2024 – 2030) 10.3. Latin America Passenger Car Security Systems Market Type ($MILLION), and Forecasts (2024 – 2030), By System Type 10.4. Latin America Passenger Car Security Systems Market Type ($MILLION), and Forecasts (2024 – 2030), By Vehicle Type 10.5. Latin America Passenger Car Security Systems Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology 10.6. Latin America Passenger Car Security Systems Market Type ($MILLION), and Forecasts (2024 – 2030), By Sales Channel 10.7. Latin America Passenger Car Security Systems Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 10.7.1. Brazil 10.7.2. Argentina 10.7.3. Rest of Latin America 11. COMPANY PROFILES: 11.1. ROBERT BOSCH GMBH 11.1.1. Company Overview 11.1.2. Company Snapshot 11.1.3. Operating business segments 11.1.4. Product offered and Revenue 11.1.5. Production & Sales 11.2. Continental AG 11.3. Valeo S.A. 11.4. Denso Corporation 11.5. Delphi Automotive PLC 11.6. Hella GmbH & Co. KGaA 11.7. Lear Corporation 11.8. ZF Friedrichshafen AG 11.9. Mitsubishi Electric Corporation 11.10. OTHER MARKET PLAYERS