UK Vehicle Security

UK Vehicle Security

The motor vehicle security market in the UK was worth an estimated £298m at manufacturers' selling prices (msp) and £333m at end-user prices (allowing for margins of those products that are sold in the aftermarket), in 2005. In 2006, the market was valued at £318m at end-user prices, a fall of 5.5% on 2005.

The market includes: locks; other mechanical devices, such as mechanical immobilisers, clamps and motorcycle anchors, and security marking of vehicles; tracking systems; and other electronic devices, which include immobilisers, alarms and combined alarm/immobilisers, and newer products to combat key theft and hijacking. Most of the demand for vehicle security products comes from the new-vehicle sector rather than the aftermarket.

In 2005 and 2006, the main factors depressing sales in the UK market were a downturn in new vehicle production and a decrease in new car registrations. The reasons behind these negative influences included: the difficulty of competing with car-manufacturing countries in the eurozone and in countries outside Western Europe with lower labour costs; the high cost of motor fuel; and other increases in the running costs of cars.

The economic background in the UK was generally favourable to consumer expenditure in 2005 and 2006, but consumer confidence has been rather fragile. Consumers have had to contend with rises in household bills, a high level of consumer debt, a sterner stance from lenders in 2006 and the fear of interest-rate rises, which materialised in the latter half of 2006 and in early 2007.

There has been a continual improvement in the vehicle crime prevention level since 2003, owing to the use of effective immobilisers and other security measures. However, the theft of keys and identity devices is a growing threat.

Key Note expects a further decrease in the total UK market for vehicle security in 2007. Thereafter, the volume of the market is likely to be fairly flat, although, with a move towards the higher-value products, inflation is likely to produce some annual growth.

1. Market Definition
REPORT COVERAGE
MARKET SECTORS
Locks
Other Mechanical Devices
Tracking Systems
Other Electronic Devices
MARKET TRENDS
Vehicle Production
Table 1: Passenger Car and Commercial Vehicle Production in Great Britain (000 vehicles), 2001-2005
Vehicle Registrations
Table 2: New Vehicle Registrations and Total Vehicles Licensed in Great Britain (000 vehicles), 2001-2005
ECONOMIC TRENDS
Population
Table 3: UK Resident Population Estimates by Sex (000), Mid-Years 2001-2005
Gross Domestic Product
Table 4: UK Gross Domestic Product at Current and Annual Prices (£m), 2001-2005
Inflation
Table 5: UK Rate of Inflation (%), 2001-2005
Household Disposable Income
Table 6: UK Household Disposable Income Per Capita (£), 2001-2005
Unemployment
Table 7: Actual Number of Unemployed Persons in the UK (million), 2001-2005
CONSUMER CONFIDENCE
MARKET POSITION
THE UK
Overseas
Table 8: World Production of Motor Vehicles by Country and Region (%), 2005

2. Market Size
THE TOTAL MARKET
Table 9: The Total UK Vehicle Security Market by Sector by Value at Current Prices (£m at msp), 2002-2006
Figure 1: The Total UK Vehicle Security Market by Sector by Value at Current Prices (£m at msp), 2002-2006
Table 10: The Total UK Vehicle Security Market by Value at Current End-User Prices (£m), 2002-2006
By market sector
Locks
Table 11: The Apparent UK Market for Vehicle Locks by Value at Current Prices (£m at msp and %), 2002-2006
Other Mechanical Devices
Table 12: The UK Other Mechanical Devices Sector by Value at Current Prices (£m at msp and %), 2002-2006
Tracking Systems
Table 13: The UK Tracking Systems Sector by Value at Current Prices (£m at msp and %), 2002-2006
Other Electronic Devices
Table 14: The UK Other Electronic Devices Sector by Value at Current Prices (£m at msp and %), 2002-2006
OVERSEAS TRADE
General Overview
Imports
Table 15: UK Imports of Motor Vehicle Locks by Value (£m), 2002-2006
Table 16: UK Imports of Motor Vehicle Alarms by Value (£m), 2002-2006
Exports
Table 17: UK Exports of Motor Vehicle Locks by Value (£m), 2002-2006
Table 18: UK Exports of Motor Vehicle Alarms by Value (£m), 2002-2006

3. Industry Background
RECENT HISTORY
NUMBER OF COMPANIES
EMPLOYMENT
Table 19: Number of Staff Employed by Vehicle Security Specialists, Years Ending 31st December 2001 and 2005
REGIONAL VARIATIONS IN THE MARKETPLACE
DISTRIBUTION
HOW ROBUST IS THE MARKET?
LEGISLATION
KEY TRADE ASSOCIATIONS
Mobile Electronics & Security Federation
Motor Insurance Repair Research Centre
Society of Motor Manufacturers and Traders
Sold Secure

4. Competitor Analysis
THE MARKETPLACE
MARKET LEADERS
Autolok Security Products Ltd
Company Structure
Current and Future Developments
Financial Results
CE Marshall Ltd
Company Structure
Financial Results
Directed Electronics Inc
Company Structure
Financial Results
HUF UK Ltd
Company Structure
Financial Results
Retainagroup Ltd
Company Structure
Current and Future Developments
Financial Results
TG21 PLC
Company Structure
Current and Future Developments
Financial Results
Tracker Network (UK) Ltd
Company Structure
Financial Results
Trackstar Ltd
Company Structure
Current and Future Developments
Financial Results
Weston Body Hardware Ltd
Company Structure
Financial Results
Other Companies
OUTSIDE SUPPLIERS
Marketing activity
Main Media Advertising Expenditure
Table 20: Main Media Advertising Expenditure on Vehicle Security Equipment (£000), Years Ending September 2005 and 2006
Trade and Consumer Shows

5. Strengths, Weaknesses, Opportunities and Threats
THE TOTAL MARKET
Strengths
Weaknesses
Opportunities
Threats
BY Market sector
Locks
Strengths
Weaknesses
Opportunities
Threats
Other Mechanical Devices
Strengths
Weaknesses
Opportunities
Threats
Security Marking
Strengths
Weaknesses
Opportunities
Threats
Tracking Systems
Strengths
Weaknesses
Opportunities
Threats
Other Electronic Devices
Strengths
Weaknesses
Opportunities
Threats
Alarms
Strengths
Weaknesses
Opportunities
Threats

6. Buying Behaviour
HOUSEHOLD PENETRATION OF COMMON CAR SECURITY MEASURES
Table 21: Vehicle Security Precautions on Main Cars in Households in England and Wales (% of households), 2003/2004 and 2005/2006
VICTIMS OF CAR CRIME
THE NEW VEHICLE MARKET
THE AFTERMARKET
Purchasing of Security Devices
Vehicle Locks
Table 22: Purchasing and Fitting of Vehicle Locks in the Last 12 Months by Sex, Age, Social Grade and Region (% of adults), 2006
Car Alarms
Table 23: Purchasing and Fitting of Car Alarms in the Last 12 Months by Sex, Age, Social Grade and Region (% of adults), 2006
Electrical Car Immobilisers
Table 24: Purchasing of Electrical Car Immobilisers in the Last 12 Months by Sex, Age, Social Grade and Region (% of adults), May 2006
Mechanical Car Immobilisers
Table 25: Purchasing of Mechanical Car Immobilisers in the Last 12 Months by Sex, Age, Social Grade and Region (% of adults), May 2006

7. Current Issues
VEHICLE CRIME LEVELS
Table 26: Incidence of Motor Vehicle Theft in England and Wales (000 offences), Years Ending March 2000/2001 to 2004/2005
Table 27: Incidence of Motor Vehicle Crime in Scotland (000 offences), 2001/2002 to 2005/2006
REGIONAL DIFFERENCES IN VEHICLE CRIME
Table 28: Theft of/from a Motor Vehicle by Region in England and Wales (incidence per 1,000 population), 2005/2006
GROWING CAR CRIME RISKS
EFFECTIVENESS OF SECURITY MEASURES
Table 29: Vehicle Security Precautions on Cars Targeted in Thefts (%), 2005/2006
SECURITY OF COMMERCIAL VEHICLES
BRITISH INSURANCE CAR SECURITY AWARDS
ICE AWARDS

8. The Global Market
WORLD PRODUCTION OF MOTOR VEHICLES
THE US
EUROPE
CHINA
THAILAND
JAPAN

9. Forecasts
INTRODUCTION
The Economy
Population
Table 30: Forecast UK Resident Population by Sex (000), Mid-Years 2006-2010
Gross Domestic Product
Table 31: Forecast UK Growth in Gross Domestic Product in Real Terms (%), 2006-2010
Inflation
Table 32: Forecast UK Rate of Inflation (%), 2006-2010
Unemployment
Table 33: Forecast Actual Number of Unemployed Persons in the UK (million), 2006-2010
New Vehicle Output
The New Car Market in the UK
FORECASTS 2007 to 2011
Table 34: The Forecast Total UK Vehicle Security Market by Sector by Value at Current Prices (£m at msp), 2007-2011
Table 35: The Forecast Total UK Vehicle Security Market by Value at Current End-User Prices (£m), 2007-2011
Market growth
Figure 2: The Total UK Vehicle Security Market by Value at Current Prices (£m at msp), 2002-2011
Future Trends

10. Company Profiles
Huf Uk Ltd
Retainagroup LTD
Tg21 Plc
TRacker Network (uk) LTD
TRackstar Ltd
Weston Body Hardware LTD

11. Consumer Confidence
METHODOLOGY
KEY FINDINGS THIS QUARTER
THE WILLINGNESS TO BORROW
Confidence Slips Slightly
Table A: The Average Amount Consumers Are Willing to Borrow in Order to Purchase Expensive Items at Current and Constant November 2004 Prices (£ and £bn), November 2005-2006
Significantly More Adults Are Willing to Borrow
Table B: The Number of Adults Willing to Borrow in Order to Purchase Expensive Items (000 and %), November 2005-2006
SPENDING FROM SAVINGS
Little Change in Spending from Savings
Table C: The Average Amount Consumers Are Willing to Spend from Savings in Order to Purchase Expensive Items at Current and Constant November 2004 Prices (£ and £bn), November 2005-2006
Saving Grows in Relative Importance
Table D: The Average Amounts Adults Are Confident Spending to Purchase Expensive Items (£ and %), November 2005-2006

12. Further Sources
Associations
Publications
General Sources
Government Publications
Other Sources
Bisnode Sources