Automotive Biometrics Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Shenzhen Goodix Technology Co. Ltd. Valeo S.A. Voicebox Technologies Corp. Voxx International

Automotive biometrics market is anticipated to grow at a significant CAGR of 17.6% during the forecast period (2024-2031). Biometrics in automobiles uses built-in sensors to identify and authenticate drivers and passengers. These sensors can use face, iris, voice, and fingerprint biometrics for safety, security, and comfort. The growing technological advancements in automobiles to improve safety & security features have driven the growth of the global automotive biometrics market. The high cost of installation of these advanced features may restrain its market potential. However, the growing adoption of autonomous vehicles is anticipated to offer lucrative opportunities to the growth of the global market.

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The integration of biometrics in automobiles offers another level of security to a vehicle. The biometric components allow the driver to personalize the vehicle settings such as music, seat mirror position, navigation, and temperature. The system will be connected to an interior camera which recognizes the driver's face, thus personalizing his settings. The Emotion management system (EMS) technology uses a combination of sensors and cameras to monitor the driver's heart rate, grip on the steering wheel, body temperature, arm movement, head movement, vocal patterns, and respiration rate. If any of these are triggered, the system would offer stimuli like nature sounds, fragrance, relaxing music or cool blasts of air to change driver's behavior. In case of a light headed feeling while driving under the influence, the biometric powered vehicle will slow and stop safely, preventing any impending accident.

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• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Automotive Biometrics Market by Technology
o Fingerprint Recognition
o Voice Recognition
o Facial Recognition
o Palm Recognition
o Other (Iris Recognition)

Global Automotive Biometrics Market by Vehicle Type
o Passenger Cars
o Commercial Vehicles

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World

Company Profiles
o B-Secur Ltd.
o Cerence Inc. (Nuance Communications Inc.)
o EyeLock Inc.
o Fujitsus
o Hitachi Ltd.
o Methode Electronics
o Nuance Communications
o Precise Biometrics AB
o Robert Bosch GmbH
o Safran S.A.
o Sensory Inc.
o Shenzhen Goodix Technology Co. Ltd.
o Valeo S.A.
o Voicebox Technologies Corp.
o Voxx International

The Report Covers
• Market value data analysis of 2023 and forecast to 2031.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global automotive biometrics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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