Press release
Lucintel Forecasts Automotive Biometric Market to grow at a CAGR of 25% from 2019 to 2024
According to the recent study the Automotive Biometric Market is projected to grow at a CAGR of 25% from 2019 to 2024. Growth in this market is primarily driven by growing concerns for vehicular security, increased use of multifactor authentication, increased demand for premium segment vehicles to boost the market for biometric identification, and increase in legislations regarding biometric identification systems.Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in automotive biometric market by application (biometric vehicle access system, engine start-stop system, driver fatigue & drowsiness monitoring system, eye tracking/blink monitoring, facial expressions/head movements, heart rate monitoring, memory steering, memory seats, and infotainment system), by wearable (watches, eyeglasses, and headsets), by end use (passenger car[small car, compact car, mid-size car, large car, suvs & crossovers], light commercial vehicles, and electric vehicles), and by region (North America, Europe, Asia Pacific, and Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/automotive-biometric-market.aspx
“Biometric vehicle access system market is expected to remain the largest segment during the forecast period.”
Based on application, the automotive biometric market is segmented into biometric vehicle access system, engine start-stop system, driver fatigue & drowsiness monitoring system, eye tracking/blink monitoring, facial expressions/head movements, heart rate monitoring, memory steering, memory seats, and infotainment system. Lucintel forecasts that the biometric vehicle access system market is expected to remain the largest segment.
“North America will dominate the automotive biometric market in near future”
North America will remain the largest region over the forecast period due to increasing demand for luxury vehicles and rising concerns on vehicles theft.
Download Brochure of this report by clicking on https://www.lucintel.com/automotive-biometric-market.aspx
Major players of automotive biometric market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Hitachi, FUJITSU, Safran, Synaptics, Nuance Communications, Methode Electronics, HID Global Corporation/Assa ABLOY, VOXX International, Fingerprint Cards, Voicebox, Technologies, Robert Bosch, Continental, and Valeo are among the major automotive biometric providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/automotive-biometric-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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