Automotive Gesture Recognition Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
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Gesture recognition systems help to interpret human motion by making use of computing device. Stringent regulations against distracted driving and the growing need for enhanced driver efficiency are piloting the global automotive industry towards gesture recognition technology.
With the growing number of accidents, gesture recognition systems which are intuitive and capable of retrieving information easily are making a mark in the automotive industry.
The global automotive gesture recognition systems market is being strongly driven by the growing awareness and regulations concerning vehicle safety coupled with the rising acceptance of gesture recognition technology in automotive electronics.
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Integration of multiple technologies in a vehicles and the increasing inclination towards electric and autonomous vehicles are set to offer potential growth opportunities to the expansion of the automotive gesture recognition systems market during the forecast period. However, high integration costs, high power consumption, low technology awareness and compatibility issues are restraining the growth of the market.
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The global automotive gesture recognition systems market can be segmented on the basis of component type, application, authentication type, and region. Based on component type the global market can be bifurcated into touch based systems and touchless systems.
Touchless systems are expected to witness faster growth during the forecast period, owing to factors such as convenience to the driver and enhanced passenger experience offered by touchless gesture recognition in various applications. By application, the automotive gesture recognition systems market can be segregated into multimedia/infotainment/navigation, lighting systems and others.
The others segment is inclusive of door & window opening and closing and gear shifting among others. Additionally, the market can be classified by authentication type into finger printhand/leg recognition, facial recognition, IRIS/vision recognition and others.
The others segment is inclusive of head recognition, voice recognition and eyelids blinkrates among others. The global automotive gesture recognition systems market can be further classified geographically into North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Europe is anticipated to hold the largest share of the automotive gesture recognition systems market throughout the forecast period, owing to the high penetration of gesture recognition systems in automobiles in this region and the presence of countries such as the U.K. and Germany having high vehicle production.
North America is also set to acquire a substantial share of the global market, driven by continuous research and development activities by auto makers and national security and better safety concerns. However, Asia Pacific is projected to witness the swiftest growth during the forecast period.
The growth in this region can be attributed to the rapidly expanding automotive industry in Asia along with rising disposable income in countries like India and China. Further, the emerging countries of Asia Pacific are also witnessing expansions from key players and attracting investment, which is expected to further fuel the market growth from 2017 – 2025.
The global automotive gesture recognition systems market report provides the market share analysis of the key industry participants operating in the industry. The global market comprises a considerable number of manufacturers.
These players have been exhaustively profiled and their business overview, financial overview, business strategies and recent developments have been covered under the purview of the report. Some of the major players operating in the global automotive gesture recognition systems market include Continental AG, Synaptics Incorporated, Visteon Corp., Harman International Industries, Inc., Qualcomm Inc., NXP Semiconductors N.V., Eyesight Technologies Ltd., Softkinetic Inc., Omek Interactive Ltd.
and Cognitec Systems GmbH among others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size.
The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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