LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global automotive immobilizer market report. This research report also lists 11 other prominent vendors that are expected to impact the market during the forecast period.
The automotive immobilizer, also known as engine immobilizer, is a vehicle anti-theft system. It is embedded into the engine ECU. It allows the engine to start only with the vehicle's authorized key. The transponder chip in the vehicle key stores the digital security code or password. The code stored in the key and the one stored in the vehicle unit should match for the ECU to allow engine ignition. Once matched, the immobilizer sends a signal to the engine management system to activate the engine.
Car theft has been cited to have decreased substantially because of the increased penetration of transponder-based immobilizer systems. With the increasing tech savviness involved in theft professionalism, the demand for enhanced protection mechanisms through better encryption methods and better integration of security systems in vehicle electronics has been cited to be surging. This has also led to the development of advanced immobilizers that can be operated even through a smart phone. This eliminates the requirement of key fobs and keys. The security-deficient storage practices have led to the rise in failures of existing immobilizer systems.
Due to the complex nature of the automotive industry, most of the security system manufacturers are constantly under high cost restrictions and pressure from the OEM suppliers, which forces the manufacturers to operate in strict margins and with little scope of operational inefficiencies. Although the automotive industry promises volumes, the profitability is under doubt due to the high cost pressure.
“The automotive industry is governed by strict regulations and standards which will further impact and influence the profitability of vehicle security systems. To maintain profitability in the market, players require constant investment in research and at the same time maintain cost of production,” says Siddharth Jaiswal, a lead automotive electronics analyst from Technavio.
As the automotive industry requires high standard compliance, material and component suppliers play a critical role in the automotive security system value chain. Numerous large as well as smaller regional players operate, supply materials and components. Some of the major players include NXP, Infineon, Microchip, and Atmel among others.
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Top five automotive immobilizer market vendors
Continental has been working on integrating various vehicle functionalities with vehicle access control components over the past couple of years. For instance, Continental’s immobilizer units can be linked with remote keyless entry system and its passive keyless entry system with smart phones. Additionally, the company has been focusing on exploring means to integrate other vehicle functions such as tire pressure monitoring system with vehicle access control components.
Delphi Automotive provides electrical and electronic, power train, active safety, and thermal technology solutions to the commercial and automotive vehicle markets.
The company sells its products to distributors, retailers and OEMs. The company has 129 manufacturing facilities and 15 technical centers in 33 countries. The company is one of the largest tier supplier in automotive industry with strong manufacturing and R&D facilities with strong client base.
Bosch is a leading supplier of technology and services globally. The company operates in four main segments: Automotive Technology, Consumer Goods, Industrial Technology, and Energy and Building Technology. The company targets sectors such as Automotive, Industrial Technology, and Household Appliances and is an independent supplier of parts to companies in these sectors. It also deals in packaging technology, control technology, power tools, solar energy, and security systems.
Hella is involved in designing and selling of lighting technology, systems, and electronic components for the automotive industry globally. It specializes in headlamps and electric control circuits. Over the past decade, the company has significantly expanded its operations in the automotive electronics market specialising in safety, fuel efficiency and comfort.
Mitsubishi Electric Corporation
Mitsubishi Electric Corporation is involved in developing, manufacturing, and marketing electric and electronic equipment that are used in energy and electric systems, industrial automation, information and communication systems, electronic devices, and home appliances. Its business is divided into six segments, which include energy and electric systems, industrial automation systems, information and communication systems, electronic devices, home appliances, and others.
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