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1063006

Automotive Gesture Recognition System Market: Current Analysis and Forecast (2021-2027)

Published: | UnivDatos Market Insights Pvt Ltd | 215 Pages | Delivery time: 1-2 business days

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Automotive Gesture Recognition System Market: Current Analysis and Forecast (2021-2027)
Published: January 1, 2022
UnivDatos Market Insights Pvt Ltd
Content info: 215 Pages
Delivery time: 1-2 business days
  • Description
  • Table of Contents

Global Automotive Gesture Recognition System Market is anticipated display a CAGR of around ~16% over the forecast period (2021-2027). The automotive gesture recognition system market is predicted to develop due to factors such as the acceptance of smart technology features in automobiles and the involvement of novel technologies for enhanced user interface (UI). However, market development is constrained by technological troubleshooting, upgrading, and maintenance, as well as a drop in vehicle production and sales. On the contrary, market participants are expected to benefit from engaging into agreements and contracts with car OEMs for long-term commercial possibilities and expansion in emerging countries. Automotive manufacturers are concentrating their R&D efforts on equipping vehicles with more digital and modern technology in order to improve consumer safety and satisfaction. Tesla is the R&D investment leader, spending about $2,984 each car. In recent years, the car industry has made significant progress in advanced driver assistance systems (ADAS) to increase driver and passenger safety and operational efficiency. Furthermore, the growing demand for sophisticated ADAS features such as automated emergency braking and adaptive cruise control, as well as higher government restrictions aimed at reducing road accidents, has prompted major automobile OEMs to include ADAS technologies in their next-generation vehicles.

Insights Presented in the Report

"Amongst Component Type, Touchless Systems segment dominated the market in 2020"

Based on Component Type, the market is segmented into Touch Based Systems and Touchless Systems. The Touchless Systems segment is expected to grow at a higher CAGR during the forecasted period. By component type, the touchless system sector is expected to develop at the quickest rate throughout the projection period. This is due to factors such as improved user experience in touchless gesture recognition systems' different applications and driving comfort

"Amongst Authentication Type, Hand/Fingerprint/Leg segment dominated the market in 2020."

Based on Authentication Type, the market is segmented into Hand/Fingerprint/Leg, Face, Vision/IRIS and Others. The Hand/Fingerprint/Leg segment is expected to grow at a higher CAGR during the forecasted period. By authentication type, the Hand/ Fingerprint/ Leg authentication type is expected to have the greatest market size. The expansion of the visual interface market is being fueled by factors such as technical advancements and enhanced safety standards

"Amongst Application, Multimedia/Infotainment/Navigation segment dominated the market in 2020."

Based on Application, the market is segmented into Multimedia/Infotainment/Navigation, Lighting Systems and Others. The Multimedia/Infotainment/Navigation segment is expected to grow at a higher CAGR during the forecasted period. During the projected period, the multimedia/infotainment/navigation category is expected to increase at the quickest rate. With the growing focus on lowering driver distraction concerns, most gesture recognition system makers and OEMs are concentrating on improving the user experience when operating these infotainment or navigation systems, as well as delivering convenience and comfort to the driver

"Europe represents as the largest market."

Based on the estimation, during the projection period of 2021-2027, Europe is expected to grow at a higher CAGR. By value and volume, the European area is anticipated to be the largest market with the highest proportion of the market. Because of the high penetration of Gesture Recognition System as well as significant car production and sales due to high discretionary income in countries like Germany and the United Kingdom, the European market is expected to be the largest. Because of the existence of the world's most well-known automotive manufacturers, the market in Europe is expected to increase significantly, owing to the high demand for gesture recognition systems. Many passenger automobiles and buses in Europe, for example, are outfitted with this technology, which greatly improves driver and vehicle safety. Some of the major players operating in the market includes Synaptics Incorporated, Continental AG, Visteon Corp, NXP Semiconductors, Qualcomm Inc., Cognitec Systems GmbH, Cipia Vision Ltd, Samsung Electronics Co., Ltd., Sony Corporation, Neonode Inc etc.

Reasons to buy this report:

The study includes market sizing and forecasting analysis validated by authenticated key industry experts

The report presents a quick review of overall industry performance at one glance

The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments

Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry

The study comprehensively covers the market across different segments

Deep dive regional & country-level analysis of the industry

Customization Options:

The Global Automotive Gesture Recognition System Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

Product Code: UMAU21640

TABLE OF CONTENTS

1 MARKET INTRODUCTION

  • 1.1. Market Definitions
  • 1.2. Limitation
  • 1.3. Stake Holders
  • 1.4. Currency used in Report

2 RESEARCH METHODOLOGY OR ASSUMPTION

  • 2.1. Research Process of the Automotive Gesture Recognition System Market
  • 2.2. Research Methodology of the Automotive Gesture Recognition System Market
  • 2.3. Forecasting Method
  • 2.4. Respondent Profile
  • 2.5. Main Objective of the Automotive Gesture Recognition System Market Study

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 AUTOMOTIVE GESTURE RECOGNITION SYSTEM MARKET COVID-19 IMPACT

6 AUTOMOTIVE GESTURE RECOGNITION SYSTEM MARKET REVENUE, 2019-2027F

7 MARKET INSIGHTS BY COMPONENT TYPE

  • 7.1. Touch Based Systems
  • 7.2. Touchless Systems

8 MARKET INSIGHTS BY AUTHENTICATION TYPE

  • 8.1. Hand/Fingerprint/Leg
  • 8.2. Face
  • 8.3. Vision/IRIS
  • 8.4. Others

9 MARKET INSIGHTS BY APPLICATION

  • 9.1. Multimedia/Infotainment/Navigation
  • 9.2. Lighting Systems
  • 9.3. Others

10 MARKET INSIGHTS BY REGION

  • 10.1. NORTH AMERICA AUTOMOTIVE GESTURE RECOGNITION SYSTEM MARKET
    • 10.1.1. United States
    • 10.1.2. Canada
    • 10.1.3. Rest of North America
  • 10.2. EUROPE AUTOMOTIVE GESTURE RECOGNITION SYSTEM MARKET
    • 10.2.1. Germany
    • 10.2.2. France
    • 10.2.3. United Kingdom
    • 10.2.4. Spain
    • 10.2.5. Rest of Europe
  • 10.3. ASIA-PACIFIC AUTOMOTIVE GESTURE RECOGNITION SYSTEM MARKET
    • 10.3.1. China
    • 10.3.2. Japan
    • 10.3.3. India
    • 10.3.4. South Korea
    • 10.3.5. Rest of Asia Pacific
  • 10.4. REST OF WORLD AUTOMOTIVE GESTURE RECOGNITION SYSTEM MARKET

11 AUTOMOTIVE GESTURE RECOGNITION SYSTEM MARKET DYNAMICS

  • 11.1. Market Drivers
  • 11.2. Market Challenges
  • 11.3. Impact Analysis

12 AUTOMOTIVE GESTURE RECOGNITION SYSTEM MARKET OPPORTUNITIES

13 AUTOMOTIVE GESTURE RECOGNITION SYSTEM MARKET TRENDS

14 EMISSION AND FUEL ECONOMY REGULATIONS

15 DEMAND AND SUPPLY SIDE ANALYSIS

  • 15.1. Demand Side Analysis
  • 15.2. Supply Side Analysis

16 VALUE CHAIN ANALYSIS

17 COMPETITIVE SCENARIO

  • 17.1. COMPETITIVE LANDSCAPE
    • 17.1.1. Company Shares, By Revenue

18 COMPANY PROFILED

  • 18.1. Synaptics Incorporated
  • 18.2. Continental AG
  • 18.3. Visteon Corp
  • 18.4. NXP Semiconductors
  • 18.5. Qualcomm Inc.
  • 18.6. Cognitec Systems GmbH
  • 18.7. Cipia Vision Ltd
  • 18.8. Samsung Electronics Co., Ltd.
  • 18.9. Sony Corporation
  • 18.10. Neonode Inc

19 DISCLAIMER