Global Automotive Gesture Recognition Market is valued at approximately USD 1845 million in 2019 and is anticipated to grow with a healthy growth rate of more than 30.5% over the forecast period 2020-2027.
A recent report on Automotive Gesture Recognition Market provides a detailed analysis on the industry size, revenue forecasts and geographical landscape pertaining to this business space. Additionally, the report highlights primary obstacles and latest growth trends accepted by key players that form a part of the competitive spectrum of this business.
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Market Analysis of Automotive Gesture Recognition –
In recent years, the gesture recognition has emerged as a major innovation field in the automotive industry that will be increasingly used in the next-generation car for enhancing useras driving experience. Gesture recognition usually determines whether the driver has presented a recognizable finger or hand gestures within an allocated space without contacting a touchscreen. The adoption of gesture control and recognition in automotive vehicles, making it easier to use built-in systems and mitigates the possibility of affecting a distraction-related accident by facilitating drivers to better concentrate on the road while driving. Therefore, many automobile manufacturers, governments, and consumers have become increasingly aware of the reimbursements of this technology, thereby, component suppliers have started deploying dedicated electronic hardware to aid with gesture recognition. Furthermore, the rise in production & sales of passenger cars and commercial vehicles, along with the rise in trend of vehicle electrification and autonomous driving are the few factors responsible for the CAGR of the market during the forecast period.
The regional analysis of the global Automotive Gesture Recognition market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia-pacific is the leading/significant region across the world in terms of market share owing to the rise in the production of vehicles with advanced features, and the presence of a significant number of advanced vehicle manufacturers in the region. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as increasing disposable income of the individuals and escalating demand for advanced safety, convenience, and comfort systems would create lucrative growth prospects for the Automotive Gesture Recognition market across the Asia-Pacific region.
Major market player included in this report are:
Harman International Industries, Inc.
NXP Semiconductors N.V.
Eyesight Technologies Ltd.
Omek Interactive Ltd.
Cognitec Systems GmbH
The detailed segments and sub-segment of the market are explained below:
Touch Based Systems
By Authentication Type:
Hand/Finger Print/Leg Recognition
Rest of the World
Table Of content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
1.2.1. Automotive Gesture Recognition Market, by Region, 2018-2027 (USD Million)
1.2.2. Automotive Gesture Recognition Market, by Component, 2018-2027 (USD Million)
1.2.3. Automotive Gesture Recognition Market, by Authentication Type, 2018-2027 (USD Million)
1.2.4. Automotive Gesture Recognition Market, by Application, 2018-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Automotive Gesture Recognition Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Automotive Gesture Recognition Market Dynamics
3.1. Automotive Gesture Recognition Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Automotive Gesture Recognition Market Industry Analysis
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