Gesture Recognition in Automotive Market Detailed Analysis 2018-2025 | Cognivue, Harman, Microsoft, Softkinetic

Qyresearchreports include new market research report “Global Gesture Recognition in Automotive Market Size, Status and Forecast 2025” to its huge collection of research reports.

Gesture recognition is the ability of a device to identify and respond to different gestures, such as movement of hands, fingers, arms, head, or the entire body, of an individual.

Driver safety regulations by various governments have boosted the adoption of automotive gesture recognition systems due to provision of benefits such as improved maneuvering control, compatibility of vehicles electronic systems and drivability. However, high cost of integration and complexity may limit their adoption, hampering the automotive gesture recognition market growth. Manufacturers are investing heavily for upgrading the existing gesture recognition technology with advanced sensors, resulting in increased costs, further posing a threat to the industry growth.

Passenger cars will dominate the automotive gesture recognition market, generating a demand for over 32 million units over the forecast timeframe. Rising demand from infotainment, navigation and multimedia features in the vehicles will stimulate the industry penetration. Surging demand for medium and high-end passenger vehicle across the globe along with shifting customer preference towards highly advanced variants in given vehicle range will further boost the automotive gesture recognition market from passenger cars. Heavy commercial vehicle manufacturers are less likely to adopt these systems owing to less proximity of vehicles in public utilities.

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Europe is anticipated to dominate the automotive gesture recognition market, crossing USD 6 billion over the next eight years. High penetration of the premium cars such as BMW 5 and 7 series across the region is expected to primarily support the regional dominance. Established automotive industry with substantial vehicle production is likely to further propel the revenue generation. North America automotive gesture recognition market will exhibit more than 40% CAGR from 2017 to 2024 owing to rising demand for these systems across the region. This high demand is credited to rising R&D investments by OEMs and shifting consumer preference towards advanced vehicle features.
In 2017, the global Gesture Recognition in Automotive market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

This report focuses on the global top players, covered
Cognivue
Harman
Microsoft
Softkinetic
…

Market segment by Type, the product can be split into
Touch Based Systems
Touchless Systems

Market segment by Application, split into
Multimedia/Navigation/Infotainment
Door/Window
Sunroof
AC Blower

The study objectives of this report are:

To study and forecast the market size of Gesture Recognition in Automotive in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.

Read Comprehensive Overview of Report @ https://www.qyresearchreports.com/report/global-gesture-recognition-in-automotive-market-size-status-and-forecast-2025.htm

Key Stakeholders
Gesture Recognition in Automotive Manufacturers
Gesture Recognition in Automotive Distributors/Traders/Wholesalers
Gesture Recognition in Automotive Subcomponent Manufacturers
Industry Association
Downstream Vendors

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