Global Automotive Biometrics Market

Automotive Biometrics Market Size, Share, Growth Analysis, By Technology(Fingerprint Scan, Voice Recognition, Facial Recognition, Others), By Vehicle Type(Passenger Car, Commercial Vehicle), By Sales Channel(OEMs, Aftermarket), By Region - Industry Forecast 2025-2032


Report ID: SQMIG25A2135 | Region: Global | Published Date: February, 2024
Pages: 165 | Tables: 89 | Figures: 76

Automotive Biometrics Market Regional Insights

With a share of 45% in 2021, North America dominated the automotive biometrics market. One of the world's primary hubs for the production of automobiles is located in North America. This is because customers in the area are becoming more accustomed to such technologically complex products, which is projected to raise demand for automotive biometrics. Furthermore, it is anticipated that international manufacturers would play a significant role in the North American automotive biometrics market, particularly in the United States and Canada. The region's strong adoption of automotive biometrics can be attributed to a few variables, including the region's large number of auto parts suppliers and the rising number of automobiles on the road.

Automotive biometrics companies in the region are getting more and more active in partnerships and commercial expansion to increase their geographic footprint, which is what is primarily driving the market in Europe. Additionally, the government and automotive firms in Europe support technology harmonisation and offer financing for R&D in order to strengthen the competitiveness of the European automotive biometrics industry and protect its technological infrastructure. As a result, it is anticipated that the market for automotive biometrics would expand in these countries.

Additionally, it is projected that APAC would have significant growth during the study period. The automotive biometrics business has seen the most significant change in these nations. In developing Asian nations like China, India, and Malaysia, there is a substantial market need for automotive biometrics due to the expansion of the Asian economy's GDP and the significant presence of automobile manufacturers.

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Automotive Biometrics Market size was valued at USD 1.1 billion in 2019 and is poised to grow from USD 1.2 billion in 2023 to USD 3.9 billion by 2031, growing at a CAGR of 17.3% in the forecast period (2024-2031).

There are a few worldwide players that are acting in larger part of the nations and a developing number of more modest players in the provincial level, who are offering moderate quality items in a reasonable scope of costs. The major players in the automotive biometrics market Hitachi, Ltd (Japan), FUJITSU (Japan), Safran (France), Synaptics Incorporated(US), Nuance Communications Inc (US), Methode Electronics(US), HID Corporation/Assa ABLOY AB (US), VOXX International Corp (US), Fingerprint Cards AB (Europe), Voicebox Technologies Corporation (US). 'Safran', 'Methode Electronics', 'Fingerprint Cards AB', 'Hitachi Ltd.', 'Fujitsu Limited', 'Nuance Communications, Inc.', 'Voicebox Technologies', 'Synaptics Incorporated', 'Continental AG', 'Sonavation, Inc.', 'Valid', 'HID Global', 'EyeLock LLC', 'BehavioSec Inc.', 'IDEX Biometrics ASA', 'BIODIT Technology', 'BioEnable Technologies Pvt. Ltd.', 'VOXX International Corporation', 'HARMAN International', 'Voicetrust GmbH'

The demand for advanced automotive biometrics is anticipated to increase as the development of driverless vehicles comes into more emphasis. Biometric systems are commonly used in automobile security systems because of their great accuracy. The likelihood of a security breach is quite low because biometric systems rely on biological confirmations like fingerprints, voice recognition, and iris scanning, among others.

To improve the safety and security of automobiles, a number of automakers have expressed a strong interest in the implementation of automotive biometrics. OEMs working in the automotive industry are forming strategic alliances with wearable technology companies. To obtain the biometric data, these wearable devices can be connected through Bluetooth.

With a share of 45% in 2021, North America dominated the automotive biometrics market. One of the world's primary hubs for the production of automobiles is located in North America. This is because customers in the area are becoming more accustomed to such technologically complex products, which is projected to raise demand for automotive biometrics. Furthermore, it is anticipated that international manufacturers would play a significant role in the North American automotive biometrics market, particularly in the United States and Canada. The region's strong adoption of automotive biometrics can be attributed to a few variables, including the region's large number of auto parts suppliers and the rising number of automobiles on the road.

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Global Automotive Biometrics Market

Report ID: SQMIG25A2135

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