openPR Logo
Press release

Biometric Sensor Market 2020-2030: Business Development Strategies by Industry Giants: 3M Cogent, Crossmatch Technologies Inc., Safran, NEC Corp, Fujitsu, Fulcrum Biometrics, Precise Biometrics Ab, Infineon Technologies AG, IDEX ASA, and ZKTECO Inc.

05-11-2020 08:30 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Biometric Sensor Market

Biometric Sensor Market

Allied Market Research published a report, titled, "Biometric Sensor Market- Global Opportunity Analysis and Industry Forecast, 2017-2025." The report provides a detailed analysis of the drivers & opportunities, wavering market trends, competitive market scenario, and market size & estimates. As per the report, the global biometric sensor market was estimated at $944.0 million in 2017 and is expected to hit $1.92 billion by 2025, registering a CAGR of 9.3% during 2018-2025.

The key market players analyzed in the report include Crossmatch Technologies Inc., Safran, Fulcrum Biometrics, Precise Biometrics Ab, NEC Corporation, IDEX ASA, ZKTECO Inc., Fujitsu, 3M Cogent, and Infineon Technologies AG. Incorporating a number of exclusive strategies including expansions, mergers & acquisitions, partnerships, joint ventures, collaborations, and others, these market players have become able to heighten their stand in the industry.

Download Sample of this 250+ Pages Research Report: https://www.alliedmarketresearch.com/request-sample/1859

Key Benefits for Biometric Sensor Market:

o Comprehensive analysis of the current and future trends in the biometric sensor market are provided.

o The report offers a competitive scenario of the market and elucidates on the growth trends, driving factors, scope, opportunities, and challenges.

o The report includes a comprehensive analysis of the key segments to provide insights on the biometric sensor market.

o Porters Five Forces analysis highlights the potential of buyers and suppliers as well as provides insights on the competitive structure of the market to devise effective growth strategies and facilitate better decision-making
Value chain analysis provides key inputs on the role of stakeholders involved at various stages.

Biometric sensor market is segmented based on biometric sensor type, application, end users, and geography.

The biometrics sensors market is segmented based on different types such as capacitive sensors, ultra sound sensors, optical sensors, thermal sensors, and electric field sensors. Optical sensors are used among large number of applications as compared to other types of sensors available in the market. Based on the application, the biometric sensor market is further categorized into voice scan, finger scan, hand scan, facial scan, iris scan, and vein scan. The end-users for biometric sensors include consumer electronics, commercial centers & buildings, medical research & lab, bank & finance service sector, and others. The biometric sensor market has been analyzed on the basis of regions, which include North America (U.S., Rest of North America), Europe (UK, Germany, France, Italy, Russia, and rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea, Taiwan, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).

Interested? Do Purchase Enquiry Now: https://www.alliedmarketresearch.com/purchase-enquiry/1859

Rise in number of identity threats & emergence of touchless fingerprint technology and growth in popularity of wearable devices such as smart watches & smart bands, using biometric sensors fuel the growth of the global biometric sensor market. On the other hand, high cost of biometric technology and easy availability of alternative cheap non-biometric technologies restrain the growth to some extent.

The optical sensors segment to retain its dominance till 2025-

Based on type, the optical sensors segment contributed to more than one-third of the total market share in 2018 and is expected to dominate throughout the forecast period. High-end developments on optical sensors have spurred the growth of the segment. The thermal sensors segment, on the other hand, is projected to grow at the fastest CAGR of 14.6% throughout the study period. Increasing R&D for thermal sensors has worked as the major driving factor for the growth.

The finger scan segment held the largest share in 2017-

Based on application, the finger scan segment accounted for nearly two-fifths of the total market revenue in 2018 and is anticipated to lead the trail by 2025. Increasing security concerns propel the growth of the segment. Simultaneously, the voice scan segment would showcase the fastest CAGR of 14.6% during the study period. Rising demand for biometric sensors in consumer electronics has driven the growth.

COVID-19 Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Biometric Sensor Market @ https://www.alliedmarketresearch.com/request-for-customization/1859?reqfor=covid

Asia-Pacific to maintain its lion's share-

Based on geography, the Asia-Pacific region garnered the major share in 2017, contributing to more than one-third of the total market. Increasing technological advancements in the region have led to the growth. At the same time, the LAMEA region would cite the fastest CAGR of 15.3% during the estimated period. Rapid developments in building infrastructures have prompted the growth.

Biometric Sensor Market Segments:

The market is segmented on the basis of type, application, end users, and geography

By Type

o Capacitive Sensors
o Ultra Sound Sensors
o Optical Sensors
o Thermal Sensors
o Electric Field Sensors

By Application

o Voice Scan
o Finger Scan
o Hand Scan
o Facial Scan
o Iris Scan
o Vein scan
o Others

By Geography

o North America

o U.S.
o Canada
o Mexico

o Europe

o UK
o France
o Germany
o Italy
o Russia
o Rest of Europe

o Asia-Pacific

o Japan
o China
o India
o Taiwan
o South Korea
o Australia
o Rest of Asia-pacific

o LAMEA

o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA

Access Report Summary: https://www.alliedmarketresearch.com/biometric-sensor-market

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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 Biometric Sensor Market 2020-2030: Business Development Strategies by Industry Giants: 3M Cogent, Crossmatch Technologies Inc., Safran, NEC Corp, Fujitsu, Fulcrum Biometrics, Precise Biometrics Ab, Infineon Technologies AG, IDEX ASA, and ZKTECO Inc. here

News-ID: 2040421 • Views: 482

More Releases from Allied Market Research

Automotive Smart Helmet Market Statistics 2020: Advanced Technologies, Trends, C …
Allied Market Research published a new report, titled, "Automotive Smart Helmet Market." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage. Get detailed COVID-19 impact
Hybrid Funds Market Size, Share and Growth | Analysis - 2027
INTRODUCTION TO REPORT The report published by Allied market research, titled, “Hybrid Funds Market”, offers a comprehensive analysis of key growth drivers, key segments, development strategies, market opportunities, and competitive landscape. This study offers detailed insights for market players, investors, stakeholders, and new entrants to understand the industry dynamics and determine strategic steps to gain the competitive advantage. COVID_19 Scenarios: The Hybrid Funds has been the worst hit by COVID-19 globally. Based
Equity Funds Market Size, Share, Growth | Industry Trends & Analysis 2027
INTRODUCTION: Allied market Research’s upcoming report titled, “Equity Funds Market”, offers an analysis of Equity Funds market. According to the report the market is expected to register a considerable market growth by 2027. The upcoming reports would offer an extensive analysis of all the key drivers and opportunities supporting the growth and expansion of EQUITY FUNDS industry THE COVID-19 SCENARIO: The industry has been going through a transformational phase in which nothing is
Mobile Medical Imaging Services Market Top Players Analysis, Business Developmen …
The global Mobile Medical Imaging Services Market is valued to be $XX billion in 2027 and is poised to grow at a steady CAGR of X.X% to reach $XX billion by the end of forecast period. Download Sample PDF of Report @https://www.alliedmarketresearch.com/request-sample/4002 It is also expected that the benefits of fixed medical imaging systems, such as increased awareness of mobile medical imaging services, the evolution of digitization and remote monitoring, flexibility and

All 5 Releases


More Releases for Sensor

Wireless pressure sensor
AMSYS presents the barometric wireless pressure sensors of the AMS 4506 series in a small, compact and robust plastic housing (35 x 25 x 13.5 mm³). The wireless pressure sensor AMS 4506 from AMSYS is suitable for barometric pressure measurement and vacuum monitoring. The particular advantage of this wireless sensor is that it can be used in places that are difficult to access, such as wind turbines, in applications that
Global Body Sensor Market - By Type (EEG Sensor, Visual Sensor, Respiration Sens …
Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalog by adding a fresh study titled “Global Body Sensor Market - Assessment Covering Growth Factors and Upcoming Trends by 2022 End”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2022. The report also targets important facets such as market drivers, challenges, latest trends,
Actuator Sensor Interface Market: Growing Demand For Actuator Sensor Interface
An industrial networking solution (protocol, data access method and physical layer) that is used in a distributed control system (DCS), programmable logic controller (PLC), and PC-based automation system is called an actuator sensor interface or AS-i. An AS-i is designed to connect field input/output (I/O) devices (for instance ON/OFF devices such as rotary encoders, sensors, push buttons, valve position sensors, and analog inputs and outputs) in process applications and discrete
Global Passive Infrared Sensor (PIR Sensor) Market Report Till 2022
Market Study Report Add New Global Passive Infrared Sensor (PIR Sensor) Market Outlook 2017-2022 to its research database presenting an informative study covering the market with detailed analysis. The report will assist reader with better understanding. The report spread across 95 pages with table and figures in it. A passive infrared sensor (PIR sensor) is an electronic sensor that measures infrared (IR) light radiating from objects in its field of view.
Motion Sensor Market Revenue Forecast 2015 - 2023 Microwave Sensor, Infrared Mot …
Research report on "Motion Sensor Market (By Types - MEMS Magnetometer, MEMS Accelerometer, MEMS Gyroscope and Sensor Combos By Technology Types - Microwave Sensor, Infrared Motion Sensor, Tomographic Sensor, Ultrasonic Sensor and Others By Application Type - Industrial Application, Consumer electronics, Automotive Application, Fitness and Wellness, Healthcare, Aerospace and Defense and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023" Motion sensor is a device that
Automotive MEMS Sensor
The Insight Partners added “Laser Technology Market to 2025” to its research database. The report is spread across 150 pages and supported by 10 company leaders. A laser is a coherent and focused beam of photons; coherent, in this context, means that it is all one wavelength, unlike ordinary light which showers on us in many wavelengths. Laser technology is used for an extensive range of professional field measurement applications which