Global Automotive Gesture Recognition System Market Gains from Rise in Consumer Preference for Application-based Technologies


Published Date : Mar 12, 2018

ALBANY, New York, March 12, 2018 - The automotive gesture recognition system market is anticipated in a report added by MarketResearchReports.biz to primarily improve its growth on the back of the rise in the manufacture of passenger automobiles. Automotive gesture recognition system is not that commonly installed in commercial automobiles yet. Titled “Automotive Gesture Recognition System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025,” the report sheds light on more factors that could enhance growth in the near future. The market could see a classification according to sales channel, application, type of system, and type of authentication.

In the coming years, the demand for automotive gesture recognition system could increase with escalating concerns regarding driver’s safety and a rising count of consumers preferring application-based technologies. Automotive gesture recognition system and other technologically sophisticated devices could gather a high demand because of the rise of safety regulations implemented by several government bodies around the globe. During the course of the completion of the forecast tenure, the growth of the market could be helped with increasing efforts taken by governments and OEMs to develop and implement the usage of electric and autonomous automobiles.

According to sales channel, the world automotive gesture recognition system market could be segregated into aftermarket and OEM. Among the two, the OEM market is foreseen to grab a larger share due to the increase in the total price of automobiles after installing automotive gesture recognition system. In terms of application, the market could witness the dominance of multimedia, navigation, and infotainment because of their aggressive pace of growth expected to be exhibited in the coming years. This could be on account of their improved demand owing to rising focus on providing convenience and comfort to drivers and improving overall user experience during the operation of navigation and infotainment systems.

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However, there could be other applications of automotive gesture recognition system contributing to market growth, such as lighting systems. By system type, touchless system is foretold to account for a telling growth in the international automotive gesture recognition system market because of its significantly advanced technology. The technology used in touchless system allows drivers to operate specific vehicle functions only using gestures without the need to touch the interface while enjoying the comfort of the ride. Touch-based system could be another segment deemed important for the market in the foreseeable future.

On the basis of type of authentication, the international automotive gesture recognition system market could see segmentation into iris or vision, face, leg, and fingerprint or handprint. Among all of these expected segments of the market, fingerprint or handprint is projected to collect a handsome share during the forecast tenure. This could be because of the ease of recognition offered when using automotive gesture recognition system.

By region, the international automotive gesture recognition system market could be segmented into different regions. However, Asia Pacific is forecast to account for a sizable share of the market owing to the presence of leading automobile manufacturers in South Korea, Japan, and China. Another factor that could help the region to sustain its lead in the market is increased automobile production.

Some of the leading companies operating in the international automotive gesture recognition system market are Visteon Corp., Synaptics Incorporated, SoftKinetic, Harman International Industries, and Continental AG. The report offers a comprehensive evaluation of the competitive landscape as well.

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