Press release
Automotive Gesture Recognition Market: Shift towards Touchless Systems Gaining Momentum || Key Player: NXP Semiconductors, Synaptics Incorporated, Continental AG, eyeSight Technologies, and Oemk Interactive Ltd.
compatibility with electronic infrastructure of a vehicle are pushing growth of automotive gesture recognition market. This report offers a prophecy on the expansion of automotive gesture recognition market during 2017-2022, offering cutting-edge intelligence for the players of automotive gesture recognition market, which can positively impact their growth tactics.
As per the meticulous research study on ‘Automotive Gesture Recognition Market’ compiled by Fact.MR for a forecast timespan of 2017 to 2022, the market valued at US$ 1,119.6 Mn and is projected to value approximately US$ 4,239.4 Mn by 2022 end.
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Rampant digitization across the automotive industry is contemplated to be one of the predominant factors driving automotive gesture recognition market. A user-friendly interface with minimal technical complexities makes it easy to access, thereby enabling automotive gesture recognition market to procure strong gains. Moreover, the automotive gesture recognition market is likely to benefit from rising number of customers seeking for application-based vehicle technologies. Governmental implications across several regions for ensuring road safety is also anticipated to invigorate growth of automotive gesture recognition market.
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Analysis and Forecast by Product Type
This section incorporates a market prognosis of automotive gesture recognition market by product type. For all the product types as per taxonomy in automotive gesture recognition market report, the readers get quick access to projections of revenue (US$ Mn) comparison by region, market share comparison by region, and Y-o-Y growth comparison by region for every product type.
Analysis and Forecast by Recognition Type
This section addresses the futuristic growth clip of automotive gesture recognition market by vehicle type. Be it hand/finger print, vision/iris, and facial recognition type as per segmentation of automotive gesture recognition market report, the reader gets actionable insights on revenue (US$ Mn) comparison by region, market share comparison by region, and Y-o-Y growth comparison by region.
Analysis and Forecast by Application
This section draws insights on the growth course of automotive gesture recognition market by application. With budding applications such as multimedia/navigation/infotainment, lighting systems, and door/window opening, this section of the automotive gesture recognition market report provides striking intelligence on revenue (US$ Mn) comparison by region, market share comparison by region, and Y-o-Y growth comparison by region for each application.
Market Definition
Automotive gesture recognition is comprised of electronic system installed in automobiles as a part of the human-machine interface (HMI). The automotive gesture recognition systems work on and the motion sensors of the gesture recognition system perceive physical movements of the driver without the need of physical contact or manual data insertion. Eye tracking, facial recognition, voice recognition, and lip movement analysis are known as perceptual user interfaces that collectively form gesture recognition system in automobiles.
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From a geographical standpoint, the automotive gesture recognition market have flourished across regions such as North America and Europe, thanks to a flourishing automotive ecosystem coupled with seamless accessibility. However, APEJ is anticipated to take over being the supreme one in automotive gesture recognition market. This region is perceived to a highly lucrative one in automotive gesture recognition market, primarily in the light of premier automobile manufacturing hubs such as China, India and South Korea.
Some of the major companies in the automotive gesture recognition market include Cognitec Systems GmbH, SoftKinetic, Harman International Industries, Visteon Corp., NXP Semiconductors, Synaptics Incorporated, Continental AG, eyeSight Technologies, and Oemk Interactive Ltd.
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