Stolen Vehicle Recovery Market Share

Market Share of Stolen Vehicle Recovery Industry

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.

Stolen Vehicle Recovery Market Leaders

1. Robert Bosch GmbH

2. Vodafone Automotive S.p.A.

3. CalAmp Wireless Networks Corporation (Lojack Corporation)

4. Altron Limited (NETSTAR)

5. Tokai Rika Co., Ltd.

*Disclaimer: Major Players sorted in no particular order