Automotive Biometric Market to cross $3.8 Bn by 2032, Says Global Market Insights Inc.
Major automotive biometric market participants include Continental AG, Synaptics Incorporated, Fingerprint Cards AB, Aware Inc., and Shenzhen Goodix Technology Co. Ltd
Selbyville, Delaware, Aug. 15, 2024 (GLOBE NEWSWIRE) —
The automotive biometric market valuation is predicted to exceed USD 3.8 billion by 2032, as reported in a
Some of the top firms engaged in the automotive biometric market include Continental AG, Synaptics Incorporated, Fingerprint Cards AB, Aware Inc., and Shenzhen Goodix Technology Co. Ltd. These market players are coming up with advanced technologies for enhanced vehicle security. For instance, in January 2024, Continental introduced the “Face Authentication Display,” a biometric access control system that uses discreetly mounted cameras for user recognition on the vehicle’s B-pillar and driver display for ensuring secure vehicle access and ignition.
Partial chapters of report table of contents (TOC):
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Industry 360º synopsis, 2018 – 2032
2.2 Business trends
2.2.1 Total Addressable Market (TAM), 2024-2032
Chapter 3 Automotive Biometric Market Insights
3.1 Industry ecosystem analysis
3.2 Vendor matrix
3.3 Profit margin analysis
3.4 Technology & innovation landscape
3.5 Patent analysis
3.6 Key news and initiatives
3.7 Regulatory landscape
3.8 Impact forces
3.8.1 Growth drivers
3.8.1.1 Growing focus on driver monitoring and safety
3.8.1.2 Shift toward Advanced Driver Assistance Systems (ADAS)
3.8.1.3 Increasing integration of biometric authentication in vehicles
3.8.1.4 Demand for seamless and convenient user experiences
3.8.1.5 Regulatory push for improved vehicle safety standards
3.8.2 Industry pitfalls & challenges
3.8.2.1 Privacy concerns regarding biometric data collection
3.8.2.2 Potential for system hacking and security breaches
3.9 Growth potential analysis
3.10 Porter’s analysis
3.10.1 Supplier power
3.10.2 Buyer power
3.10.3 Threat of new entrants
3.10.4 Threat of substitutes
3.10.5 Industry rivalry
3.11 PESTEL analysis
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About Global Market Insights Inc.
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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