Anti-Theft Equipment Market is predicted to reach USD 113.0 billion at a CAGR of 13% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Anti-Theft Equipment Market”.

The Anti-Theft Equipment market is estimated to register a CAGR of 13.00% during the forecast period of 2024 to 2032.

MRFR recognizes the following companies as the key players in the global Anti-Theft Equipment market— Bosch Limited, Continental AG, ZF Friedrichshafen AG, Delphi Automotive PLC, Lear Corporation, Valeo SA, Tokai Rika Co., Ltd., Mitsubishi Electric Corporation, VOXX International Corporation, and Directed Electronics, Inc.

Market Highlights

The global Anti-Theft Equipment market is expected to register a CAGR of 13.00% during the forecast period and is estimated to reach USD 113.0 billion by 2032.

The anti-theft equipment market is growing due to rising concerns about theft and burglary across various residential, commercial, and automotive sectors. Increasing crime rates and technological advancements in anti-theft systems drive market expansion. Additionally, the proliferation of smart home and IoT devices enhances demand for integrated security solutions. Moreover, stringent regulations mandating the installation of anti-theft measures in vehicles further contribute to market growth. These factors collectively propel the Anti-Theft Equipment market forward.

Segment Analysis

The global Anti-Theft Equipment market has been segmented based on Type and Application.

Based on type, the market is segmented into Steering Lock, Alarm, and Biometric Capture Device. Steering lock types dominated the anti-theft equipment market in 2023 due to their simplicity, effectiveness, and affordability. Unlike electronic systems prone to hacking, steering locks provide a physical barrier, deterring thieves. Their universal compatibility and ease of installation appeal to a wide range of vehicle owners, making them the preferred choice for safeguarding against theft.

Based on application, the global Anti-Theft Equipment market has been segmented into Passenger Car, Commercial Vehicle, and Off-Highway Vehicle. The Passenger car applications secured the leading market share in anti-theft equipment in 2023 due to their high demand and widespread usage. With an increase in car ownership globally, there's a growing need for effective security measures. Anti-theft systems tailored specifically for passenger cars offer targeted solutions, addressing the concerns of individual car owners and meeting regulatory requirements, thus driving their market dominance.

Regional Analysis

The global Anti-Theft Equipment market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The Europe Anti-Theft Equipment market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Anti-Theft Equipment market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Anti-Theft Equipment market comprises the Middle East, Africa, and Latin America.

North America captured the largest market share in the anti-theft equipment market for several reasons. The region has a high rate of vehicle ownership, leading to a larger addressable market for anti-theft solutions. Increasing concerns about property security and rising incidences of theft drive demand for security equipment. Additionally, stringent regulations and insurance mandates further incentivize the adoption of anti-theft measures. Moreover, the presence of key market players and continuous technological advancements contribute to North America's dominance in the market.

Europe captured the second largest market share in the anti-theft equipment market due to several factors. Europe has a significant automotive industry and a high rate of vehicle ownership, driving demand for vehicle security systems. The stringent regulations and insurance requirements mandate the installation of anti-theft devices in vehicles. Additionally, increasing concerns about property security and urbanization contribute to the demand for anti-theft equipment. Moreover, the presence of established market players and technological innovation further bolster Europe's position in the market.

The Asia Pacific region is experiencing the highest compound annual growth rate (CAGR) in the anti-theft equipment market for several reasons. The region has witnessed rapid urbanization and economic growth, leading to increased vehicle ownership and property investments. The rising concerns about theft and security drive demand for anti-theft solutions. Additionally, technological advancements and the availability of affordable security systems contribute to market growth. Moreover, supportive government initiatives and infrastructure development further fuel the adoption of anti-theft equipment in the Asia Pacific region.

Furthermore, the rest of the world's Anti-Theft Equipment market is divided into the Middle East, Africa, and Latin America. The rest of the world is experiencing growth in the Anti-Theft Equipment market due to increasing urbanization, rising disposable incomes, and a surge in theft-related crimes. Moreover, heightened awareness about security measures and advancements in anti-theft technologies are driving market expansion across various regions outside major markets.

Key Findings of the Study

• The global Anti-Theft Equipment market is expected to reach USD 113.0 billion by 2032, at a CAGR of 13.00% during the forecast period.


• The Asia Pacific region is the fastest-growing market for anti-theft equipment due to rapid urbanization, increasing consumer awareness about security, rising disposable incomes, and a surge in theft-related incidents.


• Based on application, the passenger car segment was attributed to holding the largest market in 2023.


• Bosch Limited, Continental AG, ZF Friedrichshafen AG, Delphi Automotive PLC, Lear Corporation, Valeo SA, Tokai Rika Co., Ltd., Mitsubishi Electric Corporation, VOXX International Corporation and Directed Electronics, Inc are the key market players.