Press release
Automotive Gesture Recognition Systems (GRS) Market: Global Industry Analysis and Forecasts, 2016 - 2024
This technology helps the drivers to easily interact with the car and efficiently control various vehicle functions such as, opening or closing windows & doors, adjusting ambient temperature & overhead lighting, and addressing phone calls. Moreover, it provides users with easy navigation of infotainment options and reduces distraction level.
Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1369
OEMs are highly focused on enhancing user experience through technological advancements. Increased acceptance and maturity of gesture recognition technologies from consumer electronics industry is anticipated to positively impact the automotive gesture recognition systems market. United Nations is aiming to reduce the human fatality rates up to 50% by 2020, through its initiative 2030 Agenda for Sustainable Development.
Limitations of equipment used, image noise, inconsistent lighting, and background objects in image-based gesture recognition have witnessed considerable technology challenge. Low accuracy and reliability of software used is anticipated to restrain automotive gesture recognition systems market growth. Moreover, robust vision methods requirement to capture human motions such as facial expressions, hand tracking or gaze direction by visual sensors.
These haptic feedback solutions are featured to restrict driver distraction and ensure safety, are expected to pose significant threat to automotive gesture recognition systems market. Tier 1 suppliers that include Continental and Bosch among few other have already introduced infotainment products with haptic touch controls to cater the increasing demands.
Moreover, technological advancements in these sensor types are expected to provide ample growth opportunities to major players. Industry participants’ requirement to differentiate their automobiles in the competition will provide viable growth opportunities to technology vendors offering automotive gesture recognition systems in gear shifts, multimedia, and lighting systems. For instance, in June 2015, BMW implemented gesture recognition in its Series 7 cars.
On the basis of applications automotive gesture recognition systems market segments include lighting systems, door/window opening/closing, multimedia/infotainment navigation and gear shifting. Multimedia is projected to have largest industry share, due to growing focus on driver distraction reduction.
U.S. is expected to significantly contribute to industry size, owing to development of stringent regulations to restrict the use of mobile devices during use vehicle in motion. Recent focus of U.S. based technology development companies and automobile OEMs towards automotive gesture recognition systems commercialization is predicted to reduce their overall product prices.
Make an inquiry for buying this report @ https://www.gminsights.com/inquiry-before-buying/1369
Some major players in automotive GRS market include Continental AG, EyeSight Technologies Ltd., HARMAN International, CogniVue, Neonode, Texas Instruments, Renesas, Melexis, Thalmic Labs, NXP Semiconductors, SoftKinetic, Qualcomm Inc., Synaptics Inc., Cognitec Systems GmbH, Visteon Corp., PointGrab, and Omek Interactive Ltd.
Browse Related Reports:
• Automotive Electronics Control Unit (ECU) Market Size By Application (Powertrain, Chassis Electronics, Safety & Security, Entertainment, Communication & Navigation), Industry Outlook Report, Regional Analysis, Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023
https://www.gminsights.com/industry-analysis/automotive-ECU-market-report
• Automotive Radar Market Size By Application (Adaptive Cruise Control (ACC), Blind Spot Detection (BSD), Lane Departure Warning System (LDWS), Parking Assistance (PA), Forward Collision Warning System (FCWS)), Industry Analysis Report, Regional Outlook (U.S., Germany, France, China, Japan, Brazil), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024
https://www.gminsights.com/industry-analysis/automotive-radar-market
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
29L Atlantic Avenue, Suite L 105,
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 Automotive Gesture Recognition Systems (GRS) Market: Global Industry Analysis and Forecasts, 2016 - 2024 here
News-ID: 499892 • Views: …
More Releases from Global Market Insights Inc.
Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Incl …
The agricultural adjuvants market is expected to observe noteworthy growth on account of increasing demand for high-quality crops. Adjuvants commonly act as an additive in pesticides that increase its effectiveness and smoothen its mixing application.
The demand for plant protection products in countries like Bangladesh, India, and Vietnam has surged considerably in recent years. Ever-increasing population across developing economies has forced farmers to produce large quantities of high-quality yields. Citing…
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - …
The U.S. minoxidil industry has been impacted by the COVID-19 pandemic in the form of increased stress amid job losses and health issues, creating rising incidences of hair fall and associated problems. The industry is expected to gain commendable proceeds on account of an upsurge in research studies concerned with the effectiveness of minoxidil.
Citing one such instance, in January 2021, a study published in the Dermatologic Therapy supported the efficacy…
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Tren …
Owing to these factors, estimates have revealed that the global sulfosuccinate market size will exceed USD 475.7 million in annual estimation by 2024.
Increasing adoption of high-performance materials that meet application-specific requirements across various industries, including pharmaceuticals will stimulate the need for sulfosuccinate compounds. The surging disposable incomes of consumers mainly across the developing nations have also fueled their spending capacities on household and personal care.
Sulfosuccinates are mainly a mild type…
By 2026, Graphene Market will register over 35% CAGR | Applied Nanotech, Inc, an …
The global Graphene Market is slated to gain significant momentum over the forthcoming years, as a result of the growing product consumption in the electronics sector, particularly in developing countries. This high consumption can be attributed to its superior qualities such as high electrical conductivity, durability, and toughness.
Request a sample of this research report @
https://www.gminsights.com/request-sample/detail/233
Top Key Players in The Market are:
Graphenea S.A., Applied Graphene Materials plc, ACS…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…
