Automotive Biometric Market Size, Share, Trends and Forecast 2024-2032

 IMARC Group, a leading market research company, has recently releases report titled “Automotive Biometric Market Report by Technology (Fingerprint Scan, Voice Recognition, Facial Recognition, and Others), Vehicle Type (Passenger Car, Commercial Vehicle), Sales Channel (OEMs, Aftermarket), Application (Vehicle Security System, Driver Safety System, Advanced Steering and Infotainment, and Others), and Region 2024-2032”, Offers a comprehensive analysis of the industry, which comprises insights on the global automotive biometric market.

How Big is the Automotive Biometric Market?

The global automotive biometric market size reached US$ 989.6 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 3,097.0 Million by 2032, exhibiting a growth rate (CAGR) of 13.2% during 2024-2032.

Industry Overview of Automotive Biometric

Automotive biometric refers to an electronic device that comprises various sensors, retinal and fingerprint scans, and voice recognition systems to identify the correct owner of the vehicle and prevent theft cases. It is also capable of sensing the anxiety and stress levels of the driver by collecting data from the seat, steering wheel, and accelerator to improve the safety aspects of the driver and the vehicle. It is widely installed in various rental vehicles to enable in-car payments for availing a wide variety of in-car value-added services, such as access to satellite radio, premium passenger entertainment, and internet access. It also enables rental service providers to issue temporary mobile keys for vehicle access and remote start. It is incorporated in various public transportation, such as buses, to make sure no traveler is left behind at rest stops on local haul routes and school field trips and track the attendance of the driver while ensuring the chauffeur is alert and driving safely. Furthermore, automotive biometric is used by taxi service providers to ensure only authorized and licensed drivers are taking fares and enable drivers to log hours biometrically.

For an in-depth analysis, you can refer sample copy of the report:  https://www.imarcgroup.com/automotive-biometric-market/requestsample


What are the growth prospects and trends in the automotive biometric industry?

At present, the increasing demand for automotive biometric, as it is user-friendly, reliable, and offers convenient identification and monitoring methods, represents one of the primary factors influencing the market positively. Besides this, the rising trend of carpooling and adopting rented cars for personal usage to travel longer distances and save fuel expenses is propelling the growth of the market.

In addition, the growing purchase of various electric vehicles (EVs) equipped with smart features to improve the driving experience of individuals and reduce the utilization of fuels is offering a favorable market outlook. Apart from this, the increasing integration of biometrics in cars to achieve hands-free features, automatic preset adjustments, and various other safety benefits is contributing to the growth of the market. Additionally, key market players are focusing on manufacturing self-driving cars integrated with artificial intelligence (AI) and the internet of things (IoT), which are capable of driving with minimum human assistance and are highly susceptible to their environment to prevent the occurrence of road accidents.

They are also incorporating a wide variety of innovative features, such as an automatic adjustment of the seat and rearview mirror according to the preferences of the driver. Moreover, the increasing integration of automotive biometrics to improve passenger safety is bolstering the growth of the market.

Leading Companies Operating in the Global Automotive Biometric Industry:

  • Aware Inc.
  • BioEnable Technologies Pvt. Ltd.
  • Continental AG
  • Fingerprint Cards AB
  • Fujitsu Limited
  • Hitachi Ltd.
  • IriTech Inc.
  • Methode Electronics Inc.
  • Precise Biometrics AB
  • Shenzhen Goodix Technology Co. Ltd.
  • Synaptics Incorporated
  • VOXX International Corporation

Automotive Biometric Market Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Technology:

  • Fingerprint Scan
  • Voice Recognition
  • Facial Recognition
  • Others

Breakup by Vehicle Type:

  • Passenger Car
  • Commercial Vehicle

Breakup by Sales Channel:

  • OEMs
  • Aftermarket

Breakup by Application:

  • Vehicle Security System
  • Driver Safety System
  • Advanced Steering and Infotainment
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

 

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