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Automotive Gesture Recognition Market Report 2026: Apple, Cognitec Systems GmbH, Continental AG, Eyesight Technologies, Aptiv PLC., Gestigon GmbH, Harman International Industries, Intel, Jabil Inc., Melexis, Navtek Solutions, Neonode, NXP Semiconductors

06-02-2020 05:36 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: DecResearch.com

sudeep kedar

sudeep kedar

Europe automotive gesture recognition market is likely to proliferate exponentially attributing to the growing deployment of these systems across luxury cars in the region. In fact, it is estimated that about 40% of the luxury car companies in the region have installed gesture recognition systems in their vehicle models.

A major chunk of automotive gesture recognition systems market growth is projected to come from increasing sales of luxury passenger cars. The growing affordability for high-end and premium cars has further augmented the demand for these systems. In addition, electric vehicles and self-driving cars are the major factors making PCV the dominating profitable segment of the industry.

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The automotive gesture recognition market is set to observe massive growth over the forthcoming years owing to the increasing implementation of gesture control systems in the sector by vehicle manufacturers to provide improved security, safety, and user experience to their customers.
With respect to the product segment, the touch-based gesture control systems segment is likely to register a CAGR of more than 12% across the forthcoming timeframe. The touch-based gesture control interface is highly useful and convenient for drivers as they can just draw predefined symbols anywhere on the touch panel to trigger several functions to obtain direct access to the feature or service.

A major chunk of automotive gesture recognition systems industry growth is projected to come from increasing sales of luxury passenger cars. The growing affordability for high-end and premium cars has further augmented the demand for these systems. In addition, electric vehicles and self-driving cars are the major factors making PCV the dominating profitable segment of the industry.
Various new technology companies are entering the automotive sector owing to heavy growth potential the technology possesses and the ongoing proliferation of the existing automotive companies. These new entries are further increasing the competition across the industry. Existing market giants are focusing on making investments in major industry players consolidate their foothold and to gain access to recent technologies.

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Some Point from Table of Contents:

Chapter 4 Automotive Gesture Recognition Market, By Product
4.1 Key trends by product
4.2 Touch-based
4.2.1 Market estimates and forecast, 2017 - 2026
4.3 Touchless
4.3.1 Market estimates and forecast, 2017 - 2026
Chapter 5 Automotive Gesture Recognition Market, By Authentication
5.1 Key trends by authentication
5.2 Hand/Fingerprint/Palm/Leg
5.2.1 Market estimates and forecast, 2017 - 2026
5.3 Face
5.3.1 Market estimates and forecast, 2017 - 2026
5.4 Vision
5.4.1 Market estimates and forecast, 2017 - 2026

Browse complete Table of Contents (ToC) of this research report @
https://www.decresearch.com/toc/detail/automotive-gesture-recognition-market

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DecResearch.com, powered by GMI, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI. Via this platform, users not only get to answers to their questions about these reports, they also have an additional avenue to talk to the sales and research teams of GMI to learn more about the topics of their interest.

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