January 27, 2021

recognition

DUBLIN, Nov. 17, 2020 /PRNewswire/ — The “Biometric in the Automotive Market – Growth, Trends, Forecasts (2020 – 2025)” report has been added to ResearchAndMarkets.com’s offering.

The global biometric in automotive market was valued at USD 183.59 million in 2019, and it is expected to reach USD 503.15 million by 2025, registering a CAGR of 19.06% during the period of 2020-2025. After the increased adoption of biometrics in electronic devices, the applications of biometrics in automotive vehicles have also been gaining traction in recent years. Yet the implementation of this technology has been limited to the premium vehicle segment, but in recent years, its applications are estimated to enter the general personal vehicle segment due to its better vehicle security and other accessibility advantages.

Key Market Trends

Fingerprint Recognition is Expected to Grow at a Significant Rate

  • Fingerprint recognition technology evolved rapidly in the past few years, owing to the increased adoption of mobile devices and its increased adoption of biometric systems. Its application is majorly dominated by security and access control functions. This resulted in the advancements of fast-track technology in this segment, such as in display solutions.
  • The increasing rate of adoption of fingerprint sensors across the consumer industries is expected to create significant opportunities for its adoption in the automotive sector. According to Credit Suisse, the global fingerprint sensing shipments are expected to reach about 1.1 billion units in 2020, which represents a projected increase of more than 200 million units in three years.
  • The decreasing price of fingerprint sensors is making it affordable for various automakers to deploy them in their future cars without significantly impacting the price of the automobile, early adoption has prompted competitors as well to offer similar solutions. The average selling price of fingerprint sensors decreased from USD 5.5 in 2014 to USD 2.1 in 2019 and is expected to reach USD 2 in 2020.
  • Also, the increasing trend of keyless entry in cars and push-button ignition systems has further triggered the development of fingerprint sensors in automobiles. The driver needs to place their finger on the capacitive sensor on the door handle to open the car door.
  • Further, governments across the world are supporting the emergence of automated/connected vehicles. For instance, the standardization of ADAS and autonomous driving is accelerating in China. The Ministry of Industry and Information Technology of the Chinese government issued the key working points of Intelligent Connected Vehicle Standardization for 2018 to promote and facilitate the development of the intelligent connected vehicles industry. Such trends are expected to boost the deployment of fingerprint recognition technology in the industry.

North America Holds Significant Market Share

  • North America is one of the largest automotive manufacturing hubs in the world. The automotive industry has shown marginal growth in recent years. The automotive sector in this region is facing a stiff competition from the used car market, which constituted about 75% of the total auto sales in the United States in 2018, according to the estimates by the US
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Nov 17, 2020 (Market Insight Reports) —
Selbyville, Delaware, Market Study Report LLC recently added a new title on 2020-2026 Global Automotive Gesture Recognition Market Report from its database. The report provides study with in-depth overview, describing about the Product, Size, Share, Industry Scope and elaborates market outlook and status to 2026.

Automotive gesture recognition is changing the relationship people have with technical devices, thereby opening the doors for a whole new world of input possibilities. In gesture recognition systems, a command or an input performs functions without having the user make contact with the device by directly touching it. A sensor detects a particular gesture or a movement, and then performs a suitable command.

Request a sample Report of Automotive Gesture Recognition Market at:https://www.marketstudyreport.com/request-a-sample/871728/?utm_source=Marketwatch.com/&utm_medium=SP

Automotive gesture recognition market is set to record significant gains over the forthcoming timeframe owing to the rising demand for of the system by luxury car manufacturers. Gesture recognition empowers humans to interact with machines and computers in a more natural way without having any physical contact with these devices.

Automotive manufacturers have started using the technology in some cars to let drivers control the music volume as well as answer phone calls without the distraction of having to touch a screen or a button physically.

As there is no physical contact between the user and the device, the device and its components do not undergo any wear and tear. This feature also makes the system ideal for applications in hazardous or dirty environments, where it is safer or preferable not to touch a device or the screen.

Based on application, the market is segmented into infotainment/multimedia/navigation, lighting system, and others. The other application segment includes door/window opening/closing, gear shifting, and AC blower among others. The lighting system registered a market share of 25% in 2019 due to the increasing integration of lighting gesture control by OEMs catering the demand for advanced features in vehicles.

Some of the key players operating in the industry are NXP Semiconductors, Apple Inc, eyeSight Technologies Ltd, Delphi Automotive PLC, Renesas,Cognitec System GmbH, Continental AG, Gestigon GmbH, Harman International, Intel, Jabil, Melexis, Cognitec System GmbH, Neonode, Inc, Qualcomm, Inc., Navtek Solutions, Sony Dephthsensing solutions (SoftKinetic), Synaptics Incorporated, Texas Instruments, and Visteon Corporation.

The automotive gesture recognition market is bifurcated in terms of product, authentication, application, and regional landscape.

With respect to product, the market is classified into touch-based and touchless. Among these, the touchless product segment is likely to record a CAGR of 20% over 2020 – 2026 due to rising adoption of gesture-based systems by luxury car manufacturers.

Based on authentication, the market is categorized into hand/fingerprint/palm/leg, face, and vision. Among these, the face authentication segment will witness a CAGR of 18% through the forecast timeframe owing to increasing demand for an effective non-contact interface between the driver and the recognition system.

Face recognition works on a simple and non-obtrusive principle. When a driver registers

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Woolpert was recently approved for two separate distinctions in the Google Cloud Partner Program: Retail Expertise and Automotive Expertise. According to Google, partners are awarded Expertise status “for demonstrated customer success.”

Woolpert supports the mapping, location services, and data storage needs of its nearly 500 Google customers, while providing personalized geospatial and technical support.

The firm also invests in developing location-based solutions specific to customer needs.

“We have a significant number of customers in both the retail and the automotive, transportation, and logistics industries—these two are by far our most robust verticals,” said Woolpert director of cloud sales Rick Bennett. “We work diligently to ensure we have a successful track record with all of our customers, and we’re honored the Google Cloud Partner Program has certified our expertise in these industries.”

Woolpert was awarded the Google Cloud Partner of the Year Award for Location-based Services this spring and the Google Cloud Partner Award for Customer Success in the Google Maps Platform in 2018.

Woolpert has been a Google Cloud Partner since 2017 and a Google Maps Partner since 2014. In August, the firm launched GeoAwareness, a quick-start solution designed to improve online ordering and curbside pickup, which supports both the retail and logistics industries.

“We are very appreciative to be part of the Google ecosystem, to support the rollout of their solutions and help expand their offerings,” Bennett said. “We want to continue to combine the wealth of Google knowledge with our half-century of geospatial expertise to provide elevated customer service and to create next-level solutions to meet or exceed all client needs.”

For more information about this news, visit https://woolpert.com/.

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