openPR Logo
Press release

Automotive Gesture Recognition Market 2018 Top Key Players Continental AG, Harman International, Visteon Corporation, Cognitec System, Qualcomm Technologies, Softkinetic International, Gestigon, Eyesight Technologies

08-04-2018 01:20 PM CET | Tourism, Cars, Traffic

Press release from: Global Market Insights, Inc.

Automotive Gesture Recognition Market

Automotive Gesture Recognition Market

Market Overview:-

Global Automotive Gesture Recognition Market is projected to cross USD 13 billion by 2024. Shifting customer preference towards application-based automobile technologies combined with rising awareness for driver safety is enhancing the revenue generation over the study period. Increasing number of sensors and electronic components in the vehicle will further stimulate the product adoption rate.

Multimedia/navigation/infotainment segment is projected to capture maximum share of around 60% over the forecast time span. Automobile OEMs are concentrating on enhancing customer experience with navigation and infotainment systems, accelerating the product demand. These systems support in reducing driver distraction with easy multimedia operability in the vehicle, increasing the segment growth. Door/window opening application growth can be credited to automakers focusing on developing enhanced vehicle features.

Request For Sample Copy Of This Report @ https://www.gminsights.com/request-sample/detail/1369

Top Key Players:-

The key players of global Automotive Gesture Recognition Market are Continental AG, Harman International, Visteon Corporation, Cognitec System GmbH, and Qualcomm Technologies, Softkinetic International SA, NXP Semiconductors, Synaptics Incorporated, Gestigon Gmbh, and Eyesight Technologies.

Regional Segmentations:-

Europe automotive gesture recognition market is predicted to surpass USD 6 billion by 2024. Increasing sales of luxury cars such as BMW 5 and 7 series is significantly contributing the regional growth.

North America will pose a CAGR of around 40% over the study period owing to increasing R&D expenditures by OEMs.

Make an inquiry before buying this report @ https://www.gminsights.com/inquiry-before-buying/1369

Major Points of Table Of Content:-

3. Automotive Gesture Recognition Industry Insights

3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Component supplier
3.3.2. Manufacturers
3.3.3. Profit margin analysis
3.3.4. Distribution channel analysis
3.3.5. Vendor matrix
3.3.5.1. Role
3.3.5.2. Product portfolio
3.3.5.3. Global presence
3.4. Pricing trends by region
3.4.1. North America
3.4.2. Europe
3.4.3. LATAM
3.4.4. APAC
3.4.5. MEA
3.4.6. Cost structure analysis
3.5. Technology landscape
3.5.1. Time of Flight sensor (ToF)
3.5.2. Haptic feedback technology
3.6. Automotive gesture recognition industry trends
3.6.1. Autonomous vehicles
3.6.2. China affecting global industry
3.6.3. Changing traditional business models
3.6.4. Adoption of new mobility solutions
3.7. Gesture recognition by automobile OEM
3.7.1. Audi Connect
3.7.2. BMW I Drive
3.7.3. Ford Sync
3.7.4. Volvo Sensus
3.7.5. Nissan Connect
3.8. Global automotive production overview, 2016
3.8.1. PCV
3.8.2. LCV
3.8.3. HCV
3.9. Regulatory landscape
3.9.1. North America
3.9.2. Europe
3.9.3. Asia Pacific
3.9.4. Latin America
3.9.5. MEA
3.10. Industry best practices & key buying criteria
3.11. Industry impact forces
3.11.1. Growth drivers by region
3.11.1.1. North America
3.11.1.2. Europe
3.11.1.3. Asia Pacific
3.11.1.4. Latin America
3.11.1.5. MEA
3.11.2. Industry pitfalls & challenges
3.12. Growth potential analysis
3.13. Porter’s analysis
3.14. Competitive landscape, 2016
3.14.1. Strategic dashboard
3.15. PESTLE analysis

Browse Full Report @ https://www.gminsights.com/industry-analysis/automotive-gesture-recognition-market

Touch based systems generated approximately USD 550 million in 2016 and is predicted to continue its dominance over the projected time span due to high customer preference. Touchless systems will pose a CAGR of approximately 44% over the forecast period due to provision of improved features and enhanced user experience.

Hand/fingerprint authentication segment of the automotive gesture recognition industry is predicted to be the fastest growing with over 43% CAGR between 2017 and 2024. This can be attributed to technological improvements coupled with rising usage of TOF sensors. Safety regulations is further boosting the product demand. Vision/iris will exhibit over 41% CAGR due to increasing customers and manufacturers interest in deployment of such systems. With technical improvements automotive gesture recognition business is estimated to witness sturdy growth over the projected time span. For instance, in May 2016, BMW installed gesture recognition in its 7- series cars. Increasing electric vehicle demand will further provide growth prospects to the technology providers and automakers.

About Global Market Insights:

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.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Auto Blog: http://freeautomotivenews.com
Email: sales@gminsights.com
Web: www.gminsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Gesture Recognition Market 2018 Top Key Players Continental AG, Harman International, Visteon Corporation, Cognitec System, Qualcomm Technologies, Softkinetic International, Gestigon, Eyesight Technologies here

News-ID: 1162469 • Views:

More Releases from Global Market Insights, Inc.

Hepatitis B Vaccine Market Set to Surpass $12 Billion by 2034
Hepatitis B Vaccine Market Set to Surpass $12 Billion by 2034
The global hepatitis B vaccine market is poised for significant expansion over the next decade, fueled by rising liver disease cases, expanded immunization coverage, and advancements in vaccine development. Valued at USD 6.7 billion in 2024, the market is projected to reach USD 7.3 billion in 2025 and surge to USD 12 billion by 2034, reflecting a healthy compound annual growth rate (CAGR) of 5.7%. A major driver behind this growth
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health. This in turn has led to a surge in demand for various functional foods
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock. According to Global Market Insights Inc estimates
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key players Eaton, Schneider, Siemens, Hitachi, Powell, Hubbell
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091 Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group

All 5 Releases


More Releases for Auto

Auto Leads: Revolutionizing Lead Generation for Auto Detailers
Auto Leads, a digital marketing company specializing in helping auto detailers grow their businesses, has quickly become a leader in lead generation for the industry. Founded by Austin Kennedy, a former auto detailer with three years of hands-on experience, Auto Leads offers a solution to help detailers attract high-quality customers, particularly for premium services like Ceramic Coating. What Auto Leads Is Auto Leads focuses on digital marketing solutions for auto detailing businesses,
Winter Park Auto Repair: Cech Auto Unveils Auto Repair Financing, Expert Service …
Image: https://www.getnews.info/wp-content/uploads/2024/10/1730165920.png Cech Auto announces the launch of flexible auto repair financing, offering Winter Park customers accessible payment solutions for essential vehicle maintenance and repairs. A leading Winter Park auto repair [https://www.cechauto.com/] shop, Cech Auto unveils its new auto repair financing option, providing customers with flexible payment solutions for all repair services. With competitive financing plans available, Cech Auto makes essential vehicle maintenance and repairs more accessible, ensuring that customers can address
Auto Locksmith America Revolutionizes Auto Locksmith Services Nationwide
Newsdesk, March 22, 2024 - Auto Locksmith America Revolutionizes Auto Locksmith Services Nationwide Employing state-of-the-art tools and technology, the company ensures a seamless, hassle-free experience for clients. Auto Locksmith America, a prominent auto locksmith company headquartered in Mississippi, unveils its latest suite of services and enticing offers tailored to cater to a spectrum of auto locksmith needs. With nearly 14 years of steadfast service, the company stands as a beacon of
Auto Chess Game Market | Auto Chess, Dota Auto Chess, Hearthstone, Honor Of King …
The global auto chess game market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the auto chess game market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants. From the perspective of market dynamics, this report explores the factors driving the growth
E-Commerce Automotive Aftermarket | (Flipkart, eBay, Auto Zone, Advance Auto Par …
The growing emergence of creative business models is one of the pivotal factors propelling e-commerce automotive aftermarket industry share. At present, the store, brokerage, and social commerce models have been intensely contributing toward the growth of online commerce. Taking into account the growing popularity of electronic commerce across the automotive sector, many giants in e-commerce automotive aftermarket have been making heavy investments to enhance their storage capacity by developing new
Auto Driveaway Provides Reliable and Safe Auto Shipping Services
FOR IMMEDIATE RELEASE Philadelphia, PA: Recently, Auto Driveaway has been awarded for being one of the most reliable and secure auto shipping companies in the country by renowned entities. The company has more than 40 offices across the country that helps to track and update every detail about the consignment. Every delivery is managed professionally resulting in scheduled delivery without providing any damage, dent or issues to the vehicle. The company provides