The global Biometric in Automotive market was valued at US$ 479.4 million in 2022 and is projected to reach US$ 745.6 million by 2029, at a CAGR of 6.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Biometric in Automotive market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
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The China market for Global Biometric in Automotive market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Biometric in Automotive market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Automotive Biometrics is an electronic device utilized for identification and authentication in vehicles for number of applications mainly, vehicular access, ignition switch, vehicle immobilizer, rationalization, and health monitoring.
This report aims to provide a comprehensive presentation of the global market for Biometric in Automotive, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biometric in Automotive. This report contains market size and forecasts of Biometric in Automotive in global, including the following market information:
Global Biometric in Automotive Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
One trend in market is need or user-friendly features in rapidly expanding car infotainment system. It is seen that in-car electronics generated more problems for users of cars from Cadillac, Ford, and Honda. The majority of the respondents reported frustrations while using car infotainment systems. We estimate that the use of biometric voice systems can be a solution to ameliorate problems associated with operating car infotainment systems such as car audio, communications, or navigation functions. This should offer better convenience to users.
Biometric voice systems are built within the in-vehicle infotainment system and help the user to interact with the system. A major factor that drives the growth of the automotive biometric vehicle access system market is the high rate of accuracy as it asks for biological evidences such as fingerprint scan, face & others, hence, increasing the level of safety. Biometric access system does not ask for passwords, which makes it difficult to be hacked or stolen. Moreover, hackers cannot easily track down the passwords as the access is given on the owner?s recognition. In addition, biometric vehicle systems are easier and faster with respect to the operating pace. Some of the car manufacturers such as Ford, BMW, Mercedes-Benz, and Volkswagen plan to incorporate the biometric system in the cars for the safety and convenience of the customers.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Biometric in Automotive companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Biometric in Automotive Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Biometric in Automotive Market Segment Percentages, by Type, 2022 (%)
Fingerprint Scan
Voice Recognition
Face Recognition
Others
Global Biometric in Automotive Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Biometric in Automotive Market Segment Percentages, by Application, 2022 (%)
Passenger Car
Commercial Vehicle
Global Biometric in Automotive Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Biometric in Automotive Market Segment Percentages, By Region and Country, 2022 (%)
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
The Middle East and Africa (Middle East, Africa)
South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Biometric in Automotive revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Biometric in Automotive revenues share in global market, 2022 (%)
key players include:
BioEnable
Miaxis
Sonavation
Synaptics
Techshino
Outline of Major Chapters:
Chapter 1: Introduces the definition of Biometric in Automotive, market overview.
Chapter 2: Global Biometric in Automotive market size in revenue.
Chapter 3: Detailed analysis of Biometric in Automotive company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Biometric in Automotive in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
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