Global Automotive Biometric Vehicle Access System Market to Grow at a CAGR of 19.55% By 2020

ALBANY, NY, April 25, 2017 : Biometrics include methods to execute measurements based on human biology. Such technologies work to identify physical parameters, such as voice, fingerprint or palm print, iris structure, and typing rhythm. The automotive industry has explored biometric technologies over the past few years in a bid to enhance the functionality and security aspects of automobiles. Typically, the application of biometric technologies in the automotive domain includes vehicle access, ignition permissions, anti-theft systems, and on-board communication programs.

Technavios analysts forecast the global automotive biometric vehicle access system market to grow at a CAGR of 19.55% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the global automotive biometric vehicle access system market 2016-2020. To calculate the market size, the report considers the revenue generated from sale of biometric vehicle access systems at OEM level.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Automotive Biometric Vehicle Access System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
BioEnable
Techshino
Miaxis
Nymi
Sonavation

Other prominent vendors
BIODIT
Denso
EyeLock
FPC
Fujitsu
HID Global
IriTech
KeyLemon
NEC
Nuance
Olea Sensor Networks
Safran
Synaptics
VOXX

Market driver
Issues with car insurance for vehicles geared with keyless entry systems
For a full, detailed list, view our report

Market challenge
Sensitivity issues can impede functional goals of the security system
For a full, detailed list, view our report

Market trend
Need for user-friendly features in rapidly expanding car infotainment system
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.