Automotive Gesture Recognition Systems Market worth 3144.8 Million USD by 2021 - PowerPoint PPT Presentation

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Automotive Gesture Recognition Systems Market worth 3144.8 Million USD by 2021

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The automotive gesture recognition systems (GRS) market is estimated to be USD 829.5 Million in 2016, and is growing at a CAGR of 30.5%. – PowerPoint PPT presentation

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Title: Automotive Gesture Recognition Systems Market worth 3144.8 Million USD by 2021


1
MarketsandMarkets Presents
Automotive Gesture Recognition Systems Market
worth 3144.8 Million USD by 2021
http//www.marketsandmarkets.com/Market-Reports/au
tomotive-gesture-recognition-systems-market-799463
6.html
2
The report "Automotive Gesture Recognition
Systems Market by Component Type (Touch Based
Systems, and Touchless Systems), Authentication
Type (Hand/Fingerprint/Leg, Face, Vision/iris),
Application (Lighting System), and Region -
Global Forecast to 2021", The automotive gesture
recognition systems (GRS) market is projected to
grow at a CAGR of 30.5, from USD 829.5 Million
in 2016 to USD 3144.8 Million by 2021.
Browse 67 market data tables and 51 figures
spread through 130 pages and in-depth TOC
on "Automotive Gesture Recognition Systems Market
by Component Type (Touch Based Systems, and
Touchless Systems), Authentication Type
(Hand/Fingerprint/Leg, Face, Vision/iris),
Application (Lighting System), and Region
Global Forecast to 2021" http//www.marketsandmar
kets.com/Enquiry_Before_Buying.asp?id7994636 Ear
ly buyers will receive 10 customization on
reports.
3
In terms of volume, the market is expected to
reach 15.1 million units by 2021. The major
growth drivers for the automotive GRS market are
the rise in consumer demand for application based
technologies and increasing awareness about
driver safety and regulations in the automobile
industry. The Multimedia application is
estimated to be the largest market in automotive
GRS market The Multimedia segment is estimated
to have the largest market share of the
automotive GRS market Owing to the increased
focus on reducing driver distraction factors, a
majority of the GRS manufacturers and OEMs are
focusing on enhancing the user experience while
operating these infotainment or navigation
systems and providing convenience and comfort to
the driver. The hand/ fingerprint authentication
type of automotive GRS is estimated to be the
fastest growing in automotive GRS market The
Hand/ Fingerprint segment is estimated to be the
fastest growing authentication type in the
automotive GRS market. Factors such as
innovations in technological advancement, and
increased safety regulations are prompting the
growth of the visual interface market.
4
The Asia-Pacific is estimated to be the fastest
growing region for the automotive GRS market The
Asia-Pacific  is projected to be the fastest
growing region for  the Automotive GRS market,
owing to the increased demand for automobiles
with rising disposable income in countries such
as China and India. The Asia-Pacific automotive
GRS market is dominated by China, which is the
key market for automobiles in the region owing to
increased demand for automobiles and growth in
per capita income in the country. The major
players such as Continental AG (Germany), HARMAN
International Industries (U.S.), SoftKinetic
(Belgium), Synaptics Incorporated (U.S), Visteon
Corp (U.S), NXP semiconductors (Netherlands),
Omek Interactive Ltd. (Israel), Qualcomm Inc.
(U.S.), eyeSight Technologies Ltd. (Israel) and
Cognitec Systems GmbH (Germany) are the
automotive GRS manufacturers that have been
covered in this study.
5
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6
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