The global automotive biometric access system market is predicted to realize a market worth of USD 1,236.eight million by 2022, rising at a CAGR of 16.5% through the forecast interval (2016-2022). The biometric automotive car entry system market is segmented into fingerprint recognition, voice recognition, Irish recognition and others. The others market contains gesture recognition, face recognition, and palm recognition, and so forth. Fingerprint recognition kind is the commonest kind of biometric entry system used inside the autos to securely entry the automobile and therefore, held the utmost market share of roughly 50% in 2014.
In a car, the biometric system gives safety based mostly on the organic traits that embrace fingerprint recognition, voice recognition, iris recognition and others. These patterns are completely different for each human being, and therefore, make car entry safer, as an illustration in unlocking gate and home windows, navigation entry and others. The straightforward to make use of and simple to put in options has made the biometric entry techniques a outstanding product for autos, making the system quick and dependable. Such options would drive the market development of automotive biometric entry techniques. The know-how finds its applicability not solely in luxurious class autos but additionally within the mid-size and decrease finish autos in developed areas akin to Germany, US and others.
Based on traits kind, the market is segmented into physiological and behavioral. In 2014, physiological attribute section dominated the worldwide automotive biometric entry system market. Based on the product sale, the market is segmented into OEM and Aftermarket. Biometric entry system is essentially utilized in shopper autos, finally making it the best income producing section based mostly on finish person kind.
Further, for higher evaluation and understanding the market penetration of automotive biometric entry system market, the market is bifurcated into completely different geographies and international locations together with North America (U.S., Canada, Mexico and Others), Europe (Germany, U.Okay., France, Russia, Spain, Italy and Others), Asia-Pacific (China, Japan, India, South Korea, Singapore, Malaysia and Others) and LAMEA (UAE, Saudi Arabia, Brazil, Argentina, South Africa, Nigeria and Others). In 2014, Europe dominated the worldwide automotive biometric entry system market, holding roughly 41% share by way of income. The presence of main automotive producers and growing demand for safety inside the autos has helped the area to be the best income generator throughout all geographies.
Some of the outstanding corporations profiled within the global automotive biometric access system market are Delphi Automotive Plc., Ford Motors Co., Fingerprint Cards AB (publ), Synaptic Incorporated, Robert Bosch GmbH, NEC Corporation, Hitachi, Ltd., Siemens AG, VOXX International Corporation and Panasonic Corporation.