The report “Top 10 Automotive Technologies Market (Remote diagnostics devises, biometric vehicle access, vehicle security, 3D printing in Automotive, On board internet, HUD, Vehicle Intelligence, Night Vision system, BDS, LDWS ), and Region – Global Forecast to 2021”, published by Markets and Markets. The automotive market for top 10 automotive technologies is projected to grow at a CAGR of 17.35%, to reach a market size of USD 139.02 Billion by 2021.
Vehicle security systems are expected to dominate the market for the top 10 automotive technologies, and are projected to capture the highest market share in terms of volume. According to Interpol statistics in 2015 there has been 7% increase in vehicle theft as compared to 2014, this increase is accounts to the high-tech and modern theft techniques. With an increasing number of advanced vehicle technologies, the Automotive Technologies Market has seen an increased demand, especially for the vehicle security systems market.