The global automotive gesture recognition system (AGRS) market size is expected to reach USD XX million by 2028 at a CAGR of XX%, according to a new report by Emergen Research. Some of the key factors driving the global market revenue growth are the thriving automotive industry, increasing sales of electric and autonomous/self-driving cars, rise in disposable incomes of consumers, and growing concerns about automotive safety. Booming sales of high-end luxury cars and rapid integration of automotive gesture recognition systems for enhanced car safety and driver’s convenience are other key factors are expected to boost market revenue growth in the upcoming years.
The report also describes the key business strategies, demand and supply ratios, leading regions, and the renowned market players, in a nutshell, offering a futuristic outlook of the overall Automotive Gesture Recognition System Market The market intelligence report is a prototype of the 360° overview of the global Automotive Gesture Recognition System Market , shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications.
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Some Key Highlights in the Report:
- Among component type segments, the touchless systems segment acquired the largest revenue share in the global automotive gesture recognition system (AGRS) market in 2020. Growing demand for touchless AGRS for the next-level driving experience and significant technological advancements in touchless displays such as ToF (time-of-flight) imagers and high-performance sensors are among the key factors contributing to the growth of this segment.
- Based on application, the multimedia/infotainment/navigation segment is expected to register the fastest revenue growth rate over the forecast period, owing to some favorable factors. Rising demand for luxury cars with high-end built-in infotainment and multimedia systems, increasing purchasing power of consumers – mainly in developing countries of the world – and rising need for a safer and more comfortable driving experience are the key factors driving this segment’s growth.
The report offers a complete analysis of the global Automotive Gesture Recognition System market on a global and regional scale and offers a forecast for the market for 8 years. The report provides extensive coverage of the market drivers, restraints, limitations, growth prospects, threats, opportunities, and current and emerging trends in the market. The report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position. It also sheds light on the collaborations in the competitive landscape, such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate and government deals, licensing agreements, and others.
Key companies profiled in the Automotive Gesture Recognition System report include:
Continental AG, Harman International Industries, SoftKinetic, Synaptics, uSens Inc., Visteon Corporation, NXP Semiconductors N.V., Samsung Electronics Co. Ltd., Sony Corporation, Omek Interactive Ltd., Qualcomm Technologies Inc., Cipia Vision Ltd. (formerly Eyesight Technologies), Cognitec Systems, and Neonode Inc.
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The report further covers comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a complete understanding of the competitive landscape and scenario of each market player. The report also provides an in-depth analysis of the applications and product types offered in the market.
For the purpose of this report, the global automotive gesture recognition system (AGRS) market is segmented on the basis of authentication type, component type, application, and region:
Authentication Type Outlook (Revenue, USD Million; 2018–2028)
- Face Recognition
- Hand/Finger Print/Leg Recognition
- Vision/Iris Recognition
Component Type Outlook (Revenue, USD Million; 2018–2028)
- Touch-based Systems
- Touchless Systems
Application Outlook (Revenue, USD Million; 2018–2028)
- Lighting Systems
- Others (gear shifting, door and window opening/closing, etc.)
Regional Outlook (Revenue, USD Million; 2018-2028)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of the Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- Rest of the Middle East & Africa
To know more about the Automotive Gesture Recognition System report, visit @ https://www.emergenresearch.com/industry-report/automotive-gesture-recognition-system-market
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type & applications
Chapter 9: Current and Future Trends
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