According to a market report by Lucintel, the future of the automotive biometric market looks promising with opportunities in the passenger car, light commercial vehicles, and electric vehicle markets. The automotive biometric market is expected to grow 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 luxury vehicles equipped with biometric identification, and increasing government regulations regarding biometric identification systems.
To download report brochure, please go to https://www.lucintel.com/automotive-biometric-market.aspx and click "report brochure" tab
Within the biometric market, biometric vehicle access system, engine start-stop system, driver fatigue and drowsiness monitoring system, eye tracking/blink monitoring, facial expressions/head movements, heart rate monitoring, memory steering, memory seats, and infotainment system are the major end use applications. Biometric vehicle access system is the largest end use application for automotive biometric market.
Fingerprint, voice, iris, facial, gesture, and multimodal are the major technology segment of the automotive biometric market.
North America will remain the largest region over the forecast period due to increasing demand for luxury vehicles and rising concerns on vehicles theft.
Hitachi, FUJITSU, Safran, Synaptics, Nuance Communications, Methode Electronics, HID Global Corporation/Assa ABLOY, VOXX International, Fingerprint Cards, Voicebox, Technologies, Robert Bosch, Continental, and Valeo are the major suppliers of the automotive biometric.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the automotive biometric market by technology, by sensor, processing component, by application, by wearables, by end use, and by region. Lucintel has prepared a comprehensive research report titled "Automotive Biometric Identification Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the automotive biometric market by technology, by sensor, processing component, by application, by wearables, 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]
By Processing Component [$M shipment analysis for 2013 – 2024]
Processing units
Embedded micro-computers
Micro-chipsets
By Application [$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]
Passenger 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
Europe
Germany
Russia
France
United Kingdom
Italy
Asia Pacific
Japan
India
South Korea
Indonesia
China
The Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/automotive-biometric-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.