Automotive Gesture Recognition System Market by Technology and Geography - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR70670
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The automotive gesture recognition system market size will grow up to $ 993.54 mn at a CAGR of 11.14% during 2021-2025.

The automotive gesture recognition system market report extensively covers market segmentations by Technology (Face recognition, Iris recognition, and Fingerprint/leg recognition) and Geography (Europe, North America, APAC, MEA, and South America) and potential market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post COVID-19 impact on the market from this report.

What will the Automotive Gesture Recognition System Market Size be in 2021?

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Automotive Gesture Recognition System Market: Key Drivers and Trends

According to our research output, there has been a negative impact on the market growth post COVID-19 era. Key drivers such as the rising penetration of gesture controls in mid-segment vehicles are notably supporting the automotive gesture recognition system market growth. However, one of the foremost factors impeding market growth is . Get detailed insights on the trends and challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This post-pandemic automotive gesture recognition system market report has assessed the shift in consumer behavior and identified trends and drivers that will help market players outmaneuver challenges. Technology innovations, implementation, and improvisation scope identified in the automotive gesture recognition system market trends is essential for building new business opportunities across segmentations and geographies.

Who are the Major Automotive Gesture Recognition System Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

  • Cognitec Systems GmbH
  • Continental AG
  • Harman International Industries Inc.
  • Intel Corp.
  • Microchip Technology Inc.
  • Microsoft Corp.
  • NXP Semiconductors NV
  • Qualcomm Inc.
  • Sony Corp.
  • Visteon Corp.

From our Porter’s five forces analysis study, get detailed insights on the functional involvement of the buyers and suppliers to form well-rounded knowledge about the supply chain and create cost reduction plans. The automotive gesture recognition system market analysis report also contains exhaustive observation on the organic and inorganic growth strategies deployed by the vendors. Click here to uncover details of successful business strategies adopted by the vendors.

Furthermore, to make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy the full automotive gesture recognition system market statistics report to understand the magnitude of the economic impact on each segment and recovery expectations.

Download a free sample of the automotive gesture recognition system market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Automotive Gesture Recognition System Market?

Automotive Gesture Recognition System Market Share by Geography

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US, Germany, China, France, and UK are the key markets for automotive gesture recognition system market in North America. Learn about the key, emerging, and untapped markets from our automotive gesture recognition system market size, share, & trends analysis report for targeting your business efforts toward promising growth regions. 45% of the market’s growth will originate from North America during the forecast period.

North America has been recording significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in North America is drivers.2.lower. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Technology Segments in the Automotive Gesture Recognition System Market?

Automotive Gesture Recognition System Market Share by Technology

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The automotive gesture recognition system market share growth by the __ segment has been significant. The automotive gesture recognition system market report provides comprehensive understanding of the subsegments of the target market to identify niche customer groups and demographic requirements. Furthermore, the report provides insights on the impact of COVID-19 on market segments, which can be used to deduce transformation patterns in consumer behavior in the coming years and improvise business plans.

This report provides thorough automotive gesture recognition system market segment analysis that will help you gauge the existing competition, demographics, lucrative target customer groups, solutions to improve sales and services, and other crucial market intelligence data. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment and the growth of the automotive gesture recognition system market size.

Automotive Gesture Recognition System Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 11.14%

Market growth 2021-2025

$ 993.54 million

Market structure

Concentrated

YoY growth (%)

10.33

Regional analysis

Europe, North America, APAC, MEA, and South America

Performing market contribution

North America at 45%

Key consumer countries

US, Germany, China, France, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Cognitec Systems GmbH, Continental AG, Harman International Industries Inc., Intel Corp., Microchip Technology Inc., Microsoft Corp., NXP Semiconductors NV, Qualcomm Inc., Sony Corp., and Visteon Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Factors Covered in this Automotive Gesture Recognition System Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive automotive gesture recognition system market growth during the next five years
  • Precise estimation of the automotive gesture recognition system market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive gesture recognition system market across Europe, North America, APAC, MEA, and South America 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive gesture recognition system market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Technology

    • Market segments
    • Comparison by Technology
    • Face recognition - Market size and forecast 2020-2025
    • Iris recognition - Market size and forecast 2020-2025
    • Fingerprint/leg recognition - Market size and forecast 2020-2025
    • Market opportunity by Technology

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • Europe - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Cognitec Systems GmbH
      • Continental AG
      • Harman International Industries Inc.
      • Intel Corp.
      • Microchip Technology Inc.
      • Microsoft Corp.
      • NXP Semiconductors NV
      • Qualcomm Inc.
      • Sony Corp.
      • Visteon Corp.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The automotive gesture recognition system market growth will increase by $993.54 million during 2020-2025.
      The automotive gesture recognition system market is expected to grow at a CAGR of 11.14% during 2020-2025.
      Technavio has segmented the automotive gesture recognition system market by technology (Face recognition, Iris recognition, and Fingerprint/leg recognition) and geographic (Europe, North America, APAC, MEA, and South America).
      Cognitec Systems GmbH, Continental AG, Harman International Industries Inc., Intel Corp., Microchip Technology Inc., Microsoft Corp., NXP Semiconductors NV, Qualcomm Inc., Sony Corp., Visteon Corp. are a few of the key vendors in the automotive gesture recognition system market.
      North America will register the highest growth rate of 44.84% among the other regions. Therefore, the automotive gesture recognition system market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the automotive gesture recognition system market growth are:
      • Rising penetration of gesture controls in mid-segment vehicles
      • Advances in electric vehicles and autonomous cars
      The automotive gesture recognition system market vendors should focus on grabbing business opportunities from the face recognition segment as it accounted for the largest market share in the base year.
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