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The Global Vehicle Anti-Theft System Market is projected to grow at a CAGR of over 7% during 2022-2026 on account of growing adoption of biometric technologies, technological advancements and stringent safety regulations.
Increase in theft and safety awareness in vehicles among consumer is encouraging automobile manufacturers to produce vehicles with best theft and safety system, which is driving the Global Vehicle Anti-Theft System Market through 2026.
Based on product, the market has been segmented into Alarm, Passive Keyless Entry, Immobilizer, Steering Lock, Biometric Capture Device and Central Locking System. In 2026, the immobilizer segment dominated the market in terms of value. The APAC region dominated the market in 2020 and is estimated to maintain its dominance during 2022-2026 due to rising use of biometric technology and the increasing demand for multifactor authentication.