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The global automotive biometrics market reached a value of about USD 312 million in 2021. The industry is further expected to grow at a CAGR of approximately 16.10% in the forecast period of 2023-2028 to reach a value of around USD 764.1 million by 2027.
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North America is anticipated to be one of the dominant regions in the global automotive biometrics system industry. This is due to the increasing disposable income of the consumers in the region and consumers' desire to adapt to technologically advanced things, which is projected to drive the demand for automotive biometrics. For example, in November 2019, Nuance Communications, a leading biometrics provider for the automotive industry in the United States, announced that it would spin off its automotive biometrics division, forming Cerence Inc., a separate public company focused solely on the automotive biometrics industry. The firm indicated this approach to acquire a first-mover advantage in creating biometrics for the automobile sector. The automotive industry is a freshly emerging market for biometrics applications in this region. The corporations are positioning and segmenting their biometric offerings for the market strategically.
Europe is likely to have a significant share in the global market for automotive biometrics. The market in Europe is primarily driven by increased concerns about vehicle safety and security and automotive biometrics firms in the region that are progressively partnering and expanding their operations to expand their regional presence. To accelerate the European automotive biometrics industry's competitiveness and preserve its technological infrastructure, the government and automotive companies of Europe support technical harmonisation and provide funding for research and development. Thus, the market demand for automotive biometrics is anticipated to grow.
Due to the increasing demand for vehicles in China, Japan, India, and South Korea, Asia Pacific is also expected to witness higher growth percentages. Automotive biometric systems are used to identify and verify automobiles for improving vehicle safety and comfort. The automotive biometric market is growing in line with rising vehicle sales.
Automotive biometrics are electronic devices used in automobiles for identification and authentication for several functions, such as vehicular access, ignition switch, vehicle immobiliser, rationalisation, and health monitoring. Fingerprint scanners, facial recognition, voice recognition, and other biometric technologies are among the parts of the automotive biometrics industry.
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By type, the market includes:
Based on technology, the market is divided into:
The different types of vehicles are:
The regional markets for the automotive biometrics industry can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
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Fingerprint scans, facial and voice recognition, and other biological evidence are so precise that they boost safety and privacy, which is one of the major factors driving the growth of the automotive biometrics industry. The application of biometrics in the automotive industry can be found in a variety of areas, including access control for starting a vehicle using biometric scanners, enabling personalised cars for users to call up playlists, contacts, and preferred apps, and such uses of biometrics in automotive vehicles are expected to grow over the forecast period. Changing lifestyles and increased disposable income have resulted in global demand for luxury automobiles. This increased demand for automotive biometrics in numerous regions is projected to fuel the market expansion over the forecast period. Some car manufacturers, such as Ford, Mercedes-Benz, BMW, and Volkswagen, are aiming to include biometric systems in their vehicles for the safety and convenience of their consumers. The rise of connected cars is hastening the adoption of advanced technologies, such as the Internet of Things, artificial intelligence, and machine learning, thereby augmenting the growth of automotive biometrics globally.
The report gives a detailed analysis of the following key players in the global automotive biometrics industry, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
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Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Technology |
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Breakup by Vehicle Type |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Automotive Biometrics Market Analysis
8.1 Key Industry Highlights
8.2 Global Automotive Biometrics Historical Market (2018-2022)
8.3 Global Automotive Biometrics Market Forecast (2023-2028)
8.4 Global Automotive Biometrics Market by Type
8.4.1 Hardware
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Software
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.5 Global Automotive Biometrics Market by Technology
8.5.1 Fingerprint Scan
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Iris Recognition
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Palm Recognition
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Voice Recognition
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Facial Recognition
8.5.5.1 Historical Trend (2018-2022)
8.5.5.2 Forecast Trend (2023-2028)
8.6 Global Automotive Biometrics Market by Vehicle Type
8.6.1 Passenger Vehicle
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Commercial Vehicle
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.7 Global Automotive Biometrics Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2022)
8.7.5.2 Forecast Trend (2023-2028)
9 North America Automotive Biometrics Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Automotive Biometrics Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Automotive Biometrics Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Automotive Biometrics Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Automotive Biometrics Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 IRITECH, INC.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Fujitsu Limited
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Continental AG
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 BioEnable Technologies Pvt. Ltd.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Others
17 Key Trends and Developments in the Market
List of Figures and Tables
1. Global Automotive Biometrics Market: Key Industry Highlights, 2018 and 2028
2. Global Automotive Biometrics Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Automotive Biometrics Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Automotive Biometrics Historical Market: Breakup by Technology (USD Million), 2018-2022
5. Global Automotive Biometrics Market Forecast: Breakup by Technology (USD Million), 2023-2028
6. Global Automotive Biometrics Historical Market: Breakup by Vehicle Type (USD Million), 2018-2022
7. Global Automotive Biometrics Market Forecast: Breakup by Vehicle Type (USD Million), 2023-2028
8. Global Automotive Biometrics Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Automotive Biometrics Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Automotive Biometrics Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Automotive Biometrics Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Automotive Biometrics Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Automotive Biometrics Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Automotive Biometrics Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Automotive Biometrics Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Automotive Biometrics Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Automotive Biometrics Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Automotive Biometrics Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Automotive Biometrics Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Automotive Biometrics Market Structure
In 2021, the global automotive biometrics market attained a value of nearly USD 312 billion.
The market is projected to grow at a CAGR of 16.10% between 2023 and 2028.
The market is estimated to witness healthy growth in the forecast period of 2023-2028 to reach USD 764.1 billion by 2027.
The major drivers of the market include the increased funding for research and development, rising vehicle sales, increasing application of biometrics in automotive vehicles, changing lifestyles, increased disposable income, the rise of connected cars, and the adoption of advanced technologies.
Increasing demand for vehicle safety and a surge in demand for luxury automobiles are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different types are hardware and software.
The market is divided into fingerprint scan, iris recognition, palm recognition, voice recognition, and facial recognition based on technology.
The different types of vehicles are passenger vehicles and commercial vehicles.
The major players in the industry are IRITECH, INC., Fujitsu Limited, Continental AG, and BioEnable Technologies Pvt. Ltd., among others.
The global automotive biometrics market attained a value of USD 312 million in 2021, driven by the increasing demand for vehicle safety. Aided by the rising vehicle sales and surge in demand for luxury automobiles, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 16.10%. The market is projected to reach USD 764.1 billion by 2027.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The different types are hardware and software. Based on technology, the market is divided into fingerprint scan, iris recognition, palm recognition, voice recognition, and facial recognition. The different types of vehicles are passenger vehicles and commercial vehicles. The major regional markets for automotive biometrics are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. The key players in the global automotive biometrics market are IRITECH, INC., Fujitsu Limited, Continental AG, and BioEnable Technologies Pvt. Ltd., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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