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 2024-2031


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

Automotive Biometrics Market Dynamics

Automotive Biometrics Market Driver

  • 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.
  • Human-machine interface (HMI), passenger window touchscreens, and other technological developments are propelling the market's expansion. The use of iris recognition technology will also open up new opportunities for automobile biometrics. The HMI also enables the dashboard of the driver to function similarly to an iPad by using the voice-activated interface to view data from the cloud. These beneficial features are anticipated to improve the automotive sector, which will support the expansion of the automotive biometrics market over the forecast period.

Automotive Biometrics Market Restraint 

  • The high installation costs for this technology, which limit its use to the premium/luxury segment of automobiles, are one of the main obstacles the global automotive biometrics market must overcome. Another significant issue with automobile biometrics is that, due to the system's high level of security, it is impossible for family members or friends to take over driving in an emergency.
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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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