How big is the Stolen Vehicle Recovery Market?

The Stolen Vehicle Recovery Market size is expected to reach USD 9.55 billion in 2024 and grow at a CAGR of 5.5% to reach USD 12.49 billion by 2029. Read More

What is the current Stolen Vehicle Recovery Market size?

In 2024, the Stolen Vehicle Recovery Market size is expected to reach USD 9.55 billion. Read More

Who are the key players in Stolen Vehicle Recovery Market?

Robert Bosch GmbH, Vodafone Automotive S.p.A., CalAmp Wireless Networks Corporation (Lojack Corporation), Altron Limited (NETSTAR) and Tokai Rika Co., Ltd. are the major companies operating in the Stolen Vehicle Recovery Market. Read More

Which is the fastest growing region in Stolen Vehicle Recovery Market?

Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Stolen Vehicle Recovery Market?

In 2024, the Asia Pacific accounts for the largest market share in Stolen Vehicle Recovery Market. Read More

What years does this Stolen Vehicle Recovery Market cover, and what was the market size in 2023?

In 2023, the Stolen Vehicle Recovery Market size was estimated at USD 9.02 billion. The report covers the Stolen Vehicle Recovery Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Stolen Vehicle Recovery Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Stolen Vehicle Recovery Market Size & Share Analysis - Industry Research Report

Stolen Vehicle Recovery Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Stolen Vehicle Recovery Market is Segmented by Vehicle Type (Passenger Cars and Commercial Vehicles), Technology (GPS Tracking, Ultrasonic, RFID Chips, and Other Technologies), Solution (Ultrasonic Intrusion Protection, Battery Backed Alarms, Central Lock Systems, and Other Solutions), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Report Offers the Market Size in Value Terms in USD for all the Abovementioned Segments.

Stolen Vehicle Recovery Industry Overview

The stolen vehicle recovery market is dominated by several key players, such as Robert Bosch GmbH, Altron Ltd, Vodafone Automotive S.p.A., and CalAmp Wireless Networks Corporation (Lojack Corporation). The major players are investing in R&D facilities to develop vehicle security platforms, which is anticipated to boost the market in the coming years. The strategic development between tier-1 suppliers and original equipment manufacturers globally is likely to witness significant market growth during the forecast period. For instance,

In January 2024, Netstar, a subsidiary of Altron Limited, announced a strategic collaboration with Microsoft. Netstar seamlessly integrated with Microsoft's Connected Fleets Architecture through this partnership, hosting all services in the secure and scalable Microsoft cloud.
In June 2023, Hyundai Motor Company and Vodafone Automotive collaborated to offer customers cutting-edge connected features and services. As part of this collaboration, Vodafone Business would introduce its Global Internet of Things (IoT) Connectivity for Connected Car Service to numerous Hyundai, Kia, and Genesis models sold in the European market.