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Automotive Biometric Market by Technology (Fingerprint, Voice Recognition, Facial Recognition, Iris Recognition, and Others), and Vehicle Type (Two-wheelers, Passenger Cars, and Commercial Vehicles) - Global Opportunity Analysis and Industry Forecast, 2017-2023

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May 2018 | 954 Views
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Automotive biometrics is an electronic device used for identification and authentication in automobiles for various applications such as start/stop of engine, open/close of door, and infotainment system. Biometric identification system offers multi-level protection by facilitating access to confidential information to drivers from the vehicles database. It provides a unique anti-theft protection feature, which identifies the person driving the vehicle and conveys a message to owner in case of unauthorized access. This market is anticipated to witness lucrative growth rate during the forecast period, owing to its advantages such as accuracy and high-end protection, user-friendly, convenience for operating instrument cluster and easy trackability.

The global automotive biometric market is driven by premium reductions by insurance companies for vehicles installed with biometric systems. Moreover, stringent regulations related to biometric identification systems boost the market growth. However, failure of electronic components used in biometric vehicle access systems and increased price range of biometric systems restrain the market growth. Furthermore, rise in demand for safety features, convenience & advent of concept cars, and rise in number of electric vehicles in the automotive industry propel the market growth.

The market is segmented based on technology and vehicle type. On the basis of technology, it is classified into fingerprint biometrics, voice recognition, facial recognition, iris recognition, and others. Based on vehicle type, it is categorized into two-wheelers, passenger cars, and commercial vehicles. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the report include BIODIT, Denso Corporation, Hitachi Ltd., Fujitsu Ltd., Safran S.A, Synaptics Incorporated, Nuance Communications, Methode Electronics, Hid-Global, and VOXX International.

Key Benefits

  • This report provides an extensive analysis of the current & emerging market trends and dynamics in the global automotive biometric market.
  • In-depth analysis is provided by constructing market estimations for the key market segments from 2017 to 2023.
  • The report provides the quantitative analysis of the current trends and future estimations, which assists to identify the prevailing market opportunities.
  • Competitive intelligence of the industry helps to understand the competitive scenario across the geographies.

Automotive Biometric Market Key Segments

By Technology

  • Fingerprint Biometrics
  • Voice Recognition
  • Facial Recognition
  • Iris Recognition

By Vehicle Type

  • Two-wheelers
  • Passenger Cars
  • Commercial Vehicles

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • UK
    • Germany
    • France
    • Russia
    • Rest of Europe
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Players in the Value Chain

  • BIODIT
  • Denso Corporation
  • Hitachi Ltd.
  • Fujitsu Ltd.
  • Safran S.A.
  • Synaptics Incorporated
  • Nuance Communications
  • Methode Electronics
  • Hid-Global
  • VOXX International
 
 
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