openPR Logo
Press release

Global Biometric Driver Identification System Market Inclinations Highlighting Enhanced Revenue in the Coming Years with Market players- Bioenable Technologies Pvt. Ltd, Bayometric LLC, Continental AG, Fujitsu Ltd, Denso Corporation, HID Global Corporatio

01-21-2019 02:17 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Global Biometric Driver Identification System Market

Biometric driver identification system is an advanced technology in the vehicle, ensuring its safety. The system uses various technologies such as fingerprint and facial recognition, retina scan, hand geometry, voice analysis, etc., to identify the driver and also to avoid unauthorized access. It also alerts the driver in real-time in case of any distraction. The biometric driver identification system also customizes in-vehicle features as per the driver comfort including seat alignment, the temperature in the vehicle, adjusting steering as per the comfort of the driver.

To get sample copy of report visit: https://www.factmr.com/connectus/sample?flag=S&rep_id=283

Automotive manufacturers are integrating biometric driver identification system to ensure safety as well as enhance driver experience with help of various advanced features. A biometric identification system in automobiles is emerging as keyless entry device. Manufacturers are focusing on adding standard features in biometric driver identification system such as loading personalized settings including maps, communication system, dashboard display, etc. Biometric driver identification system is being increasingly used by fleet management companies as it ensures security and safety, assist in evaluating individual driver performance, and helps to detect unauthorized vehicle use.

According to the report by FactMR, the Global Biometric Driver Identification System Market is expected to see healthy growth throughout the forecast period. The global market for biometric driver identification system is projected to bring in US$ 25,559.5 million revenue by the end of 2022. Increasing awareness about vehicle safety among individuals is one of the factors boosting the demand for biometric driver safety system. Along with security, the biometric systems in vehicles are also equipped with advanced features, enhancing the driving experience.   

Compact Passenger Cars to Emerge as Largest User of Biometric Driver Identification System

Towards the end of 2017, compact passenger cars are expected to account for nearly one-third of the revenue share. Compact passenger cars are projected to surpass US$ 7,600 million value by the end of 2022. Meanwhile, mid-sized passenger cars will also experience impressive growth throughout the forecast period.     

Access complete report about Biometric Driver Identification System Market: https://www.factmr.com/report/283/biometric-driver-identification-system-market

Engine Start-Stop System to Gain Maximum Revenue Share

Engine start-stop system is expected to experience impressive growth during 2017-2022. By the end of 2022, engine start-stop system is estimated to create an incremental opportunity exceeding US$ 4,500 million between 2017 and 2022.

Iris Scan to Emerge as Leading Biometrics Technology in Vehicles

Among various biometrics technologies for vehicle authentication, Iris scan will gain maximum traction in a biometric driver identification system. Iris scan is expected to register healthy growth rate during the forecast period. Meanwhile, face recognition technology is also likely to witness robust growth through 2022.   

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global biometric driver identification system market through 2022, which include Bioenable Technologies Pvt. Ltd, Bayometric LLC, Continental AG, Fujitsu Ltd, Denso Corporation, HID Global Corporation, Gentex Corporation, Mitsubishi Heavy Industries Ltd, Robert Bosch GmbH, and Hitachi Ltd.  

For any query get easily connect with an Analyst: https://www.factmr.com/connectus/sample?flag=AE&rep_id=283

About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
Read Industry News at - https://www.industrynewsanalysis.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 Global Biometric Driver Identification System Market Inclinations Highlighting Enhanced Revenue in the Coming Years with Market players- Bioenable Technologies Pvt. Ltd, Bayometric LLC, Continental AG, Fujitsu Ltd, Denso Corporation, HID Global Corporatio here

News-ID: 1517752 • Views:

More Releases from Fact.MR

Waxy Maize Starch Market Is Expected To Surpass US$ 6.49 Billion At CAGR Of 5.8% …
The waxy maize starch market was valued at US$ 3.68 Billion in 2022 and is projected to exhibit a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period. By 2032, it is anticipated that the market for waxy maize starch will reach a valuation of US$ 6.49 Billion. The Waxy Maize Starch Industry sales study offers a comprehensive analysis on diverse features including production capacities, Waxy Maize Starch demand,
Paintball Equipment Market Is Set To Rake In A Revenue Of US$ 403.5 Million By 2033: Fact.MR Report
Paintball Equipment Market Is Set To Rake In A Revenue Of US$ 403.5 Million By 2 …
The global paintball equipment market accounts for a value of US$ 223.1 million in 2023 and is forecasted to exhibit expansion at 6.1% CAGR over the next ten years. As a result, global paintball equipment demand is estimated to reach a market size of US$ 403.5 million by the end of 2033 The Paintball Equipment Industry sales study offers a comprehensive analysis on diverse features including production capacities, Paintball Equipment demand,
Lactase Enzyme Market Is Projected To Evolve At 4% CAGR And Account For US$ 1.1 Billion By 2033
Lactase Enzyme Market Is Projected To Evolve At 4% CAGR And Account For US$ 1.1 …
The global market for lactase enzymes is expected to grow steadily, with a projected compound annual growth rate (CAGR) of 4% from 2023 to 2033. Sales of lactase enzymes worldwide are forecasted to rise from US$ 742 million in 2023 to approximately US$ 1.1 billion by the conclusion of 2033. The Lactase Enzyme Industry sales study offers a comprehensive analysis on diverse features including production capacities, Lactase Enzyme demand, product
Auto Dialer Software Market to Witness Exponential Growth, Expected to Hit US$ 1 Billion by 2032 at 9.5% CAGR
Auto Dialer Software Market to Witness Exponential Growth, Expected to Hit US$ 1 …
It is anticipated that the value of the global auto dialer software market would increase from US$ 382 million in 2021 to US$ 417 million in FY 2022. The industry saw a 9.2% YoY gain over the previous year. Sales of auto dialer software are expected to soar from 2022 to 2032 at a CAGR of 9.5%, reaching a value of US$ 1 billion by the end of the aforementioned projection

All 5 Releases


More Releases for Biometric

Biometric ATM Market Growing Penetration and Adoption of Voice Biometric Solutio …
The global biometric ATM market size is expected to be valued at US$ 1,960.5 million in 2022 and grow at a CAGR of 30.3% over the forecast period. Biometric ATMs are self-service automated teller machines (ATMs), or cash machines, that use a biometric measure to identify customers and allow them to withdraw cash. Biometric authentication may be the only customer identifier used, or it may be used in conjunction with
Mantra's fingerprint scanners now support biometric log-in with Windows Biometri …
Mantra Softech, one of the leading Biometrics and RFID solutions companies, has recently announced that its three fingerprint scanners i.e. MFS500, Mapro CX, and Mapro OX, drivers now support Windows Biometric Framework and work with "Hello" for login in windows 8.1 and 10 with fingerprint authentication. The WBF has a set of services and interfaces to support the development and management of biometric devices. This framework provides compatibility with biometric services
Healthcare Biometric Market, Worldwide, 2030
The “Healthcare Biometric Market Analysis to 2030” is a specialized and in-depth study of the Healthcare Biometric industry with a focus on the Healthcare Biometric market trend. The report aims to provide an overview of the Healthcare Biometric market with detailed market segmentation by component, application, end-user, and geography. The Healthcare Biometric market is expected to witness high growth during the forecast period. The report includes key statistics on the
Ahmedabad-based leading Biometric firm Mantra Softech launches the portable biom …
With the increasing security concerns and rise in the deployment of biometric fingerprint, facial and iris recognition devices, several verticals are making a smart move by adopting biometric technology. The world witnessed a huge growth in Indian biometric market, especially after incorporation of various government-led initiatives like UID-Aadhaar, issuance of ePassports, visas, etc. Indian biometric market upsurged tremendously in 2018, reaching the value of $1.7 billion and is further expected
Biometric ATM Market 2018 - The demand of Biometric ATM will drastically increas …
Biometric ATM Market Survey 2018 The Biometric ATM Market report is a complete research study on the Biometric ATM market, which attempts to present a clear picture of the key factors that shape this market. The assessments of a number of market segments, distinguished on the basis of the products, their applications, and the geographies, come under the scope of this research study. It further provides the profile reviews of the leading market
Global Biometric Sensors Market: Innovative Features of Biometric Sensors Notice …
SAN FRANCISCO, Nov. 28, 2017 According to the latest report published by Variant Market Research, the global biometric sensors market is projected to reach $1,820 million by 2024, from $868 million in 2016; at a CAGR of 9.7% from 2016 to 2024. Click Here to Request a Free Sample PDF of This Report @ https://www.variantmarketresearch.com/report-categories/semiconductor-electronics/biometric-sensors-market/sample-request Rising adoption for fingerprint identification in electronic devices to drive the global biometric sensors market The global