Automotive biometrics market is anticipated to grow at a significant CAGR of 17.6% during the forecast period (2024-2031). Biometrics in automobiles uses built-in sensors to identify and authenticate drivers and passengers. These sensors can use face, iris, voice, and fingerprint biometrics for safety, security, and comfort. The growing technological advancements in automobiles to improve safety & security features have driven the growth of the global automotive biometrics market. The high cost of installation of these advanced features may restrain its market potential. However, the growing adoption of autonomous vehicles is anticipated to offer lucrative opportunities to the growth of the global market.
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The global automotive biometrics market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America).
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Automotive Biometrics Market Report Segment
By Technology
- Fingerprint Recognition
- Voice Recognition
- Facial Recognition
- Palm Recognition
- Other (Iris Recognition)
By Vehicle Type
- Passenger Cars
- Commercial Vehicles
Global Automotive Biometrics Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- The Middle East & Africa
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global automotive biometrics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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