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    Automotive Gesture Recognition Market Report

    Automotive Gesture Recognition Market Report
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    Automotive Gesture Recognition Market Size, Share, Trend, Forecast, & Industry Analysi See more...

    Impact of COVID-19 on Automotive Gesture Recognition Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Automotive Gesture Recognition Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Automotive Gesture Recognition Market is likely to witness a robust CAGR of approximately 18.0%, during the forecast period. The increasing integration & adoption of digital systems in the modern-day vehicles in order to enhance passenger comfort and control, is one of the major factors fueling the growth of the automotive gesture recognition market. Of late, there has been a surge in the demand for electric vehicles, which is expected to present a festoon of opportunities in the market. With the increasing demand for passenger and driver safety in vehicles, automobile manufacturers are actively engaged in developing new technology and automation features for vehicles. In addition, there has been a significant rise in the disposable income of consumers, which is immensely boosting the market growth. These are some of the major factors likely to bolster the growth of the automotive gesture recognition market during the forecast period.

    Automotive Gesture Recognition Market – Snapshot

    Growth

    ~18.0% for the next five years

    Major Product Type

    Touch-based Systems

    Dominant Application Type

    Navigation/Multimedia/Infotainment Systems

    Region with the highest demand

    North America

    Key Players

    Aptiv, Bosch Sensortec GmbH, Continental AG, gestigon GmbH, Melexis, Sony Depthsensing Solutions SA/NV, Synaptics Incorporated, Texas Instruments Incorporated, Visteon Corporation, Volkswagen

    Segment Analysis

    Automotive-Gesture-Recognition-Market-Dominant-Segments

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    Automotive Gesture Recognition Market Share: By Product Type

    Based on the product type, the market is segmented into touch-based systems and touchless systems. The touch-based gesture recognition systems have a higher demand currently as compared to the touchless systems, as a large number of companies are engaged in the development and installation of such touch technologies in the modern-day vehicles. Of late, due to the increased adoption of automation technologies in the automobiles, vehicle manufacturers are focusing on the integration of touchless systems in vehicles. With the rising preference for electric vehicles among the consumers lately, it is expected that the touchless gesture recognition technologies would gain traction in the market and exhibit a rapid growth, during the forecast period.

    Automotive Gesture Recognition Market Share: By Authentication Type

    Based on the authentication type, the market is segmented into hand recognition/fingerprint recognition/palm recognition/leg recognition, facial recognition, vision/iris recognition, and others. Over the years, with the rapidly changing consumer demands, there has been several advancements in passenger vehicles. One such feature is the biometric security system of the vehicles for enhanced car security. As a result of the large number of technological advancements in the market, it is estimated that the hand recognition/fingerprint recognition/palm recognition/leg recognition market sub-segment would gain the maximum traction and grow steadily, during the forecast period.

    Automotive Gesture Recognition Market Share: By Application Type

    Based on the application type, the market is segmented into navigation/multimedia/infotainment systems, lighting systems, and others. Among these applications, the navigation/multimedia/infotainment systems are estimated to lead the market during the forecast period. As a large percentage of the automotive gesture recognition systems is used for infotainment purpose, such as scanning radio channels and playing music, they account for a larger share of the market as compared to other applications. Similarly, navigation is another feature that is very much sought after by consumers, which increases their demand respectively.

    Automotive Gesture Recognition Market Share: By Region

    In terms of regions, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the world. Among these regions, North America is expected to be dominant for the automotive gesture recognition market throughout the forecast period. The region leads the global market in terms of the technological advancements and thus, generates a very demand w.r.t vehicular automation. In addition, with the ongoing R&D in electric and driverless vehicles, the overall demand for the automotive gesture recognition systems is anticipated to increase, during the forecast period. Furthermore, several companies in countries such as China, India, Japan, and South Korea have invested significantly in the market, lately, which results in a rapid growth of the Asia-Pacific region, during the forecast period.

    Automotive-Gesture-Recognition-Market-By-Region

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    Market Scope & Segmentation

    Automotive gesture recognition system helps in enhancing safety and control of vehicles. This system gets initiated and performs the desired actions, after sensing/receiving a human touch or gesture.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Automotive Gesture Recognition Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The automotive gesture recognition market is segmented into the following categories. 

    Automotive Gesture Recognition Market Size, Share, & Forecast, by Product Type:

    • Touch-based Systems (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Touchless Systems (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Automotive Gesture Recognition Market Size, Share, & Forecast, by Authentication Type:

    • Hand Recognition/Fingerprint Recognition/Palm Recognition/Leg Recognition (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Facial Recognition (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Vision/Iris Recognition (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Automotive Gesture Recognition Market Size, Share, & Forecast, by Application Type:

    • Navigation/Multimedia/Infotainment Systems (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Lighting Systems (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Automotive Gesture Recognition Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Key Players

    Some of the key players in the automotive gesture recognition market are-

    • Aptiv
    • Bosch Sensortec GmbH
    • Continental AG
    • gestigon GmbH
    • Melexis
    • Sony Depthsensing Solutions SA/NV
    • Synaptics Incorporated
    • Texas Instruments Incorporated
    • Visteon Corporation
    • Volkswagen.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation by any one of the application types by product type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

    Frequently Asked Questions (FAQs)

    The automotive gesture recognition market is expected to witness an impressive growth of 18.0% CAGR in the foreseeable future.

    Aptiv, Bosch Sensortec GmbH, Continental AG, gestigon GmbH, Melexis, Sony Depthsensing Solutions SA/NV, Synaptics Incorporated, Texas Instruments Incorporated, Visteon Corporation, Volkswagen are among the key players in the automotive gesture recognition market.

    North America is expected to remain dominant in the automotive gesture recognition market during the forecast period.

    The navigation/multimedia/infotainment systems are expected to lead the automotive gesture recognition market in the coming years.

    Hand recognition/fingerprint recognition/palm recognition/leg recognition market sub-segment is expected to gain the maximum traction in the automotive gesture recognition market during the next five years.

    The touch-based gesture recognition systems have a higher demand currently as compared to the touchless systems in the automotive gesture recognition market.

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