The global Remote Vehicle Shutdown Market is forecasted to be worth USD 679.7 Million by 2027, according to a current analysis by Emergen Research. The rising cases of robbery in commercial vehicles entail the need for advanced technologies to protect the vehicle. Due to the robberies, the logistics industry frequently suffers massive losses and increased demand for advanced technology to prevent the robberies, which is expected to propel the market growth over the forecast period. Besides, the rapid adoption of IoT and Artificial intelligence in the vehicle to provide improved reliability and security is anticipated to further propel the market growth over the forecast timeframe.

The report offers an exhaustive overview of the market, along with a precise summary of the market’s leading regions. Our team of analysts has studied the existing competitive landscape of the market inside out, focusing on the leading companies and their business expansion strategies. The report ends with conclusive data offering useful insights into the market growth on both regional and global levels.

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The prominent players of the global Remote Vehicle Shutdown market are expected to contribute significantly to the revenue generation owing to increasing demand for the Remote Vehicle Shutdown products in the industry.

Prominent Players Profiled in the Remote Vehicle Shutdown Market:

Sonic Electronix, Inc., Fleetsmart, Cobra Car Tech. Ltd., OnStar Corporation, Frotcom International, Scania AB, PassTime, EMCO Software, LoJack Corporation, and Tracker Connect (Pty) Ltd., among others.

Key Highlights From The Report

• In January 2019, in partnership with LoJack, Pioneer Electronics Inc. introduced the rDrive, a connected service solution. By allowing improved accessibility, surveillance, location-based services, and in-vehicle Wi-Fi hotspots, rDrive enhances the experience of vehicle ownership and driving. This will enhance LoJack position in the U.S.
• Due to the growing integration of IoT, artificial intelligence, and other automation processes in the vehicle, the automatic segment is anticipated to dominate the market with a CAGR of 8.0% over the forecasted period.
• Due to the increasing cases of car thievery globally, the passenger car segment is expected to hold the largest market over the forecast period. Due to the increasing robbery cases in logistical vehicles, the commercial vehicle segment is estimated to rise substantially in the forecast timeframe.
• Due to the rising concern for the safety of cars, North America is expected to hold the largest market over the forecast period. The Asia Pacific is expected to witness the fastest market growth as auto theft cases have increased rapidly in this region over the past three years.

Remote Vehicle Shutdown Market Segmentation:

The report categorizes the market into different key segments based on types and applications, along with key regional segmentation. The report offers insights into the segment expected to garner traction during the forecast period, and the region expected to dominate the market in the coming years.

• Type Outlook (Revenue, USD Million; 2017-2027)
  • Automatic
  • Manual
• Propulsion Outlook (Revenue, USD Million; 2017-2027)
  • Electric
  • Diesel
  • Petrol
• Vehicle Outlook (Revenue, USD Million; 2017-2027)
  • Commercial
  • Passenger

Key Geographical Segments:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Research Methodology

Our team of analysts has performed an accurate analysis of significant market elements leveraging advanced primary and secondary research tools. They have deployed well-known analytical tools like SWOT Analysis and Porter’s Five Forces Analysis for the comprehensive market study. A great deal of vital data &information related to the Remote Vehicle Shutdown market has been gathered in the report from various reliable sources. Under the primary research study, detailed supply chain analysis, value chain analysis, several industry experts’ interviews, and a brief analysis of the Remote Vehicle Shutdown market’s vendor landscape have been covered. Therefore, as part of secondary research, the report offers vital information pertaining to the company profiles of the key market contenders. Hence, the report’s market segmentation section looks at the global sector to scrutinize key trends, regional markets, and recent industry developments.

Reasons to Purchase this Report:

• The report performs qualitative and quantitative analyses of the Remote Vehicle Shutdown market based on both the economic and non-economic factors.
• It accurately indicates the regional segments expected to witness the fastest market growth rate.
• The report endows the reader with an in-depth understanding of the competitive landscape of the Remote Vehicle Shutdown market, with the market ranking of the major players and their new product launches, partnerships, and various other business expansion strategies.
• Table of Content
  Chapter 1. Methodology & Sources
  1. Market Definition
      1.2. Research Scope
      1.3. Methodology
      1.4. Research Sources
            1.4.1. Primary
            1.4.2. Secondary
            1.4.3. Paid Sources
      1.5. Market Estimation Technique
  Chapter 2. Executive Summary
      2.1. Summary Snapshot, 2019-2027
  Chapter 3. Key Insights
  Chapter 4. Remote Vehicle Shutdown Market Segmentation & Impact Analysis
      4.1. Remote Vehicle Shutdown Market Segmentation Analysis
      4.2. Industrial Outlook
            4.2.1. Market indicators analysis
            4.2.2. Market drivers analysis
                      4.2.2.1. The rise in theft of vehicles
                      4.2.2.2. Increasing demand for advanced automatic technology for vehicle security
            4.2.3. Market restraints analysis
                      4.2.3.1. Concern related to privacy and vehicle damage
      4.3. Technological Insights
      4.4. Regulatory Framework
      4.5. Porter’s Five Forces Analysis
      4.6. Competitive Metric Space Analysis
      4.7. Price trend Analysis
      4.8. Covid-19 Impact Analysis
• Chapter 5. Remote Vehicle Shutdown Market By Type Insights & Trends Revenue (USD Million)
  1. Type Dynamics & Market Share, 2019 & 2027
            5.1.1. Automatic
            5.1.2. Manual

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