Press Release Summary = The recent market research report, \"Vehicle Security Devices Market in UK (2005 - 2009)\" , examines the market for security equipment and commercial vehicle markets in UK and includes statistical information on the sale of car locks
Press Release Body = Vehicle Security Devices Market in UK With a large number of Britons spending heavily on security accessories for their automobiles, the market for vehicle security devices has experienced a boom. It is because of this that the car thefts have receded significantly in the United Kingdom since 1997. Further, the rationalization and consolidation on international vehicle security devices across the world, especially among the Western countries, has contributed to the growth of this market rapidly. In light of increasing sales value, the market research report "Vehicle Security Devices Market in UK (2005 - 2009)", addresses the changing pattern of consumer behavior, analyzes demand for advanced security devices, car locks and immobilizers in UK.
Valued at £311million (GBP) in 2004, the market for motor security devices in UK is estimated to witness significant growth, reaching approximately £409million (GBP) by 2009. In addition, an official consent by U.K. Department for Transport recently, over the application of RFID-tagged license plates for private and commercial vehicles, got some overwhelming responses from local and international investor groups. Based on this changing scenario, analysts envision new business opportunities for the small and medium sized UK motor security device markets by 2009
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