Top Industry Leaders in the Stolen Vehicle Recovery Market
*Disclaimer: List of key companies in no particular order
Latest Company Updates:
July 2023: In the UK, Chubb introduced a vehicle monitoring system that will assist the insurer's clients in preventing car larceny. Criminals now frequently target high-value vehicles, especially "keyless" models. Chubb S5 Vehicle Tracker and Chubb S5 Vehicle Tracker Plus are feature-rich and compatible with all makes and models of vehicles. The trackers, which were developed in collaboration with Global Telemetrics, a billing and stolen vehicle recovery platform, are accessible to Personal Risk Services (PRS) clients of Chubb in the United Kingdom. Theft of luxury vehicles has increased substantially over the past few years due to the increased sophistication of the technology utilized by auto criminals. Chubb has designed its vehicle trackers to offer the utmost level of security for our clientele, ensuring the protection of their belongings and instilling in them a sense of tranquility.
July 07, 2022: IMS Vehicle Security Solution is the only fully-managed, end-to-end vehicle security monitoring and recovery solution in the industry. It is designed for fleet-based organizations, including car sharing, leasing, and rental car companies. By integrating IMS's sophisticated security services with the brand-new, ultra-covert IMS Sleeper device, the likelihood of recovering stolen commercial vehicles is substantially increased. The rise in personal and commercial vehicle larceny worldwide is largely attributable to the proliferation of keyless start vehicles and the fact that less than 52 percent of commercial fleet vehicles are equipped with GPS tracking devices, according to new research conducted by Censuswide. Amidst a period when customer service and revenue growth must take precedence, the increased focus of businesses on vehicle security and monitoring, as well as self-managing vehicle recovery efforts, is a significant distraction caused by the rise in vehicle larceny.
Top listed global companies in the industry are:
- Denso Corporation (Japan)
- Robert Bosch GmbH (Germany)
- HELLA GmbH & Co. KGaA (Germany)
- Valeo (France)
- Mitsubishi Electric Corporation (Japan)
- Continental AG (Germany)
- Lear Corporation (US)
- Tokairika, Co, Ltd (Japan)
- OMRON Corporation (Japan), and others.