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

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).

A vehicle's ignition switch, vehicle immobiliser, rationalisation, and health monitoring are just a few of the applications for which automotive biometrics are used as an electronic device for identification and authentication. Any type of biometric system could exist, including voice recognition, facial recognition, and fingerprint scanners.

One of the key factors driving the demand for the automotive biometric market during the forecast period is the rising public concern over safety and security. The use of biometrics in the automotive industry spans a wide range of applications, including access control for securing a vehicle using different biometric scanners, enabling personalised vehicles for users to enable drivers and passengers to call up playlists, contacts, and preferred apps, and their adoption in automotive vehicles is anticipated to rise over the course of the forecast period.

One of the main causes is the increasing competition among service providers of automotive biometric systems, and the local governments' growing support for the use of safety and security systems in cars has strengthened the design and development of automotive biometric in accordance with the regulations set forth by governing bodies operating in the semiconductor and automotive industries across various regions.

US Automotive Biometrics Market is poised to grow at a sustainable CAGR for the next forecast year.