Report Feature
The future of the biometric market looks promising with opportunities in the passenger car, light commercial vehicles, and electric vehicle markets. The automotive biometric market is expected to gro
w with a CAGR of 25% from 2019 to 2024. The major drivers for this market are growing concerns for vehicular security, increased use of multifactor authentication, increased demand for premium segment vehicles to boost the market for biometric identification, and increase in legislations regarding biometric identification systems.A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of biometric market report download the report brochure.
The study includes the biometric market size and forecast for the biometric market through 2024, segmented by technology, by sensor, by processing component, by application, by wearable, by end use, and by region as follows:
By Technology [$M shipment analysis for 2013 – 2024]
- Fingerprint
- Voice
- Iris
- Facial
- Gesture
- Multimodal
By Sensor [$M shipment analysis for 2013 – 2024]
- CMOS
- Optical
- Retinal
By Processing Component [$M shipment analysis for 2013 – 2024]
- Processing units
- Micro-computers
- Micro-chipsets
By Application [$M shipment analysis for 2013 – 2024]
- Biometric vehicle access system
- Engine start-stop system
- Driver fatigue & drowsiness monitoring system
- Eye tracking/Blink monitoring
- Facial expressions/Head movements
- Heart rate monitoring
- Memory steering
- Memory seats
- Infotainment system
By Wearable [$M shipment analysis for 2013 – 2024]
- Watches
- Eyeglasses
- Headsets
By End Use [$M shipment analysis for 2013 – 2024]
-
Passengers Car
- Small cars
- Compact cars
- Mid-Sized cars
- Luxury cars
- SUVs & Crossovers
- Light Commercial Vehicle
- Electric Vehicle
By Region [$M shipment analysis for 2013 – 2024}
-
North America
- United States
- Canada
- Mexico
-
Europe
- Germany
- UK
- Italy
-
Asia Pacific
- China
- Japan
- India
-
Rest of the World
- Brazil
- Turkey
Some of the biometric companies profiled in this report include Hitachi, FUJITSU, Safran, Synaptics, Nuance Communications, Methode Electronics, HID Corporation/Assa ABLOY, VOXX International, Fingerprint Cards, Voicebox, Technologies, Robert Bosch, Continental, and Valeo, and others.
Some of the features of this report:
- Market size estimates:Automotive biometric market size estimation in terms of value ($M) shipment.
- Trend and forecast analysis:Market trend (2013-2018) and forecast (2019-2024) by application, and end use industry.
- Segmentation analysis:Market size by technology, by sensor, processing component, by application, by wearables, by end use, and by region.
- Regional analysis:Automotive biometric market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth opportunities:Analysis on growth opportunities in different applications and regions for biometric in the automotive biometric market.
- Strategic analysis:This includes M&A, new product development, and competitive landscape biometric in the automotive biometric market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the automotive biometric market by application (biometric vehicle access system, engine start-stop system, driver fatigue & drowsiness monitoring system, eye tracking/blink monitoring, facial expressions/head movements, heart rate monitoring, memory steering, memory seats, and infotainment system, by wearable (watches, eyeglasses, and headsets), by end use (passenger car[small car, compact car, mid-size car, large car, suvs & crossovers], light commercial vehicles, and electric vehicles), and by region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the biometric market?
Q.5 What are the business risks and threats to the biometric market?
Q.6 What are emerging trends in this biometric market and the reasons behind them?
Q.7 What are some changing demands of customers in the biometric market?
Q.8 What are the new developments in the biometric market? Which companies are leading these developments?
Q.9 Who are the major players in this biometric market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this biometric area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this, biometric market?
Table of Contents
1. Executive Summary 2. Market Trends and Forecast Analysis from 2013 to 2024 2.1: Introduction, Background, and Classification 2.2: Supply Chain 2.3: Industry Drivers and Challenges
5. Competitor Analysis 5.1: Product Portfolio Analysis 5.2: Market Share Analysis 5.3: Operational Integration 5.4: Geographical Reach 5.5: Porter’s Five Forces Analysis
7. Company Profiles of Leading Players 7.1: Hitachi 7.2: FUJITSU 7.3: Safran 7.4: Synaptics 7.5: Nuance Communications 7.6: Methode Electronics 7.7: HID Global Corporation/Assa ABLOY 7.8: VOXX International 7.9: Fingerprint Cards 7.10: Voicebox Technologies
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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