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Global Automotive Biometrics Market: By Type: Hardware, Software; By Technology: Fingerprint Scan, Iris Recognition, Palm Recognition, Voice Recognition, Facial Recognition; By Vehicle Type; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Automotive Biometrics Market Outlook

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.

 

Global Automotive Biometrics Market

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North America and Europe to be Significant Regional Markets for Automotive Biometrics

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.

 

Market Segmentation

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.

 

Global Automotive Biometrics Market by Segments

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By type, the market includes:

  • Hardware
  • Software

Based on technology, the market is divided into:

  • Fingerprint Scan
  • Iris Recognition
  • Palm Recognition
  • Voice Recognition
  • Facial Recognition

The different types of vehicles are:

  • Passenger Vehicle
  • Commercial Vehicle

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.

 

Global Automotive Biometrics Market by Region

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Increasing Demand for Vehicle Safety Augmenting the Market Growth

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.

 

Key Players in the Global Automotive Biometrics Market

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:

  • IRITECH, INC.
  • Fujitsu Limited
  • Continental AG
  • BioEnable Technologies Pvt. Ltd.
  • Others

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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
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:

  • Type
  • Technology
  • Vehicle Type
  • Region
Breakup by Type
  • Hardware
  • Software
Breakup by Technology
  • Fingerprint Scan
  • Iris Recognition
  • Palm Recognition
  • Voice Recognition
  • Facial Recognition
Breakup by Vehicle Type
  • Passenger Vehicle
  • Commercial Vehicle
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • IRITECH, INC.
  • Fujitsu Limited
  • Continental AG
  • BioEnable Technologies Pvt. Ltd.
  • Others
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    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Software
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
    8.5    Global Automotive Biometrics Market by Technology
        8.5.1    Fingerprint Scan
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Iris Recognition
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Palm Recognition
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Voice Recognition
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Facial Recognition
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2018-2022)
            8.5.5.3    Forecast Trend (2023-2028)
    8.6    Global Automotive Biometrics Market by Vehicle Type
        8.6.1    Passenger Vehicle
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Commercial Vehicle
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
    8.7    Global Automotive Biometrics Market by Region       
        8.7.1    North America
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2022) 
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Europe
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022) 
            8.7.2.3    Forecast Trend (2023-2028)
        8.7.3    Asia Pacific
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2022) 
            8.7.3.3    Forecast Trend (2023-2028)
        8.7.4    Latin America
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2022) 
            8.7.4.3    Forecast Trend (2023-2028)
        8.7.5    Middle East and Africa
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2018-2022) 
            8.7.5.3    Forecast Trend (2023-2028)
9    North America Automotive Biometrics Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Automotive Biometrics Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Automotive Biometrics Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Automotive Biometrics Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Automotive Biometrics Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    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

Key Questions Answered in the Report

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.

Analyst Review

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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