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Global Finger Print Vehicle Access Market Size, Trends and Growth Opportunity, By Technology (Iris Recognition, Face Recognition), Vehicle Type (Passenger Car, Battery Electric Vehicle), Application (Door, Steering Wheel, Car Mirror, On Board) By Region and forecast till 2027.


Report ID : IR1001118 | Industries : Automotive and Transportation | Published On :May 2024 | Page Count : 254

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  • Global Finger Print Vehicle Access Market Size, Trends and Growth Opportunity, By Technology (Iris Recognition, Face Recognition), Vehicle Type (Passenger Car, Battery Electric Vehicle), Application (Door, Steering Wheel, Car Mirror, On Board) By Region and forecast till 2027.
    Global Finger Print Vehicle Access Market
    Global Finger Print Vehicle Access Market was valued at USD 1,439.40 Million in 2021 and is slated to reach at USD 2544.10 Million by 2027 at a CAGR of 9.30 % from 2022-2027.
    A fingerprint vehicle system is a device that prevents unauthorized entry into the vehicle unless the driver's fingerprint is provided. A variety of techniques and provisions protect finger print vehicle access systems, including multimodal systems, data-hiding techniques, template-on-token, match-on-token, and cancellable systems.
    Market Drivers
    Consumers' primary concern is privacy, which is driving up demand for authentication. Vehicle theft is one of the most serious issues that customers have encountered as a result of a lack of safety and security systems in their vehicles. As a result of the increasing risk of vehicle theft, there is a greater demand for finger print authentication solutions in vehicles, which is a safer security solution. This is the major factor that is expected to boost the growth of the finger print vehicle access market over the forecast period. Because of its high uniqueness and reliability, fingerprint vehicle access is in high demand; the fingerprint recognition system is expected to account for the majority of the finger print vehicle access market. Fingerprints are as distinct for each individual consumer as they are for everyone else. As a result, the possibility of fraud in the fingerprint recognition system is much lower than in other recognition systems, which is expected to significantly increase the use of finger print recognition systems in vehicles.
    Market Restraints
    The high cost of the product and the high cost of system installation act as market restraints, slowing the growth rate of finger print vehicle access during the forecasted period. The risk of cyber-attacks and hackers also undermines consumers' perceptions of the dependability of finger print vehicle access systems, which are expected to be a major factor in challenging the growth rate of finger print vehicle access.
    Impact of COVID-19
    COVID-19 is an extraordinary global public health disaster that has harmed nearly every industry and is expected to stymie industrial growth throughout the forecast period. Our ongoing research entails looking into the underlying COVID-19 issues as well as potential future directions. COVID-19 is being studied by looking at changes in consumer behavior and demand, purchasing patterns, supply chain rerouting, market dynamics, and government action.
    Recent Developments
    Fujitsu announced the development of a new technology in October 2016 that would use machine learning and image processing to analyse traffic surveillance camera images. With this technology, the company intends to improve accuracy and incident detection.
    EyeLock (subsidiary) announced a new iris identification system in February 2016.
    Car ignition start-up technology. EyeLock's technology examines over 240 points in each eye, and the vehicle begins only after the scan matches the driver's iris template. Nuance Communications introduced the Dragon Drive connected car platform and the Nuance Mix voice platform in March 2016. This technology would give automakers the ability to create intelligent and conversational voice experiences for their vehicles.
    Market Segmentation
    Global Finger Print Vehicle Access Market By Technology, Vehicle Type, Application. By Technology such as Iris Recognition, Face Recognition. By Vehicle Type such as Passenger Car, Battery Electric Vehicle. By Application such as Door, Steering Wheel, Car Mirror, On Board.
    Regional Analysis
    Global Finger Print Vehicle Access Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. In terms of market share and revenue, Europe dominates the finger print vehicle access market. This is due to the region's adoption of advanced technologies, as well as its growing automotive industry. Asia Pacific is expected to be one of the fastest developing regions due to the region's adoption of modernized technology and growing vehicle production, as well as the prevalence of cost-effective biometric systems.
    Key Players
    This report includes a list of numerous Key Players, namely Apple Inc. (US), Egis Technology (Taiwan), Crucialtec (South Korea), Next Biometrics (Norway), Novatek Microelectronics (Taiwan), Qualcomm Technologies, Inc. (U.S.), Q Technology (China), CMOS Sensor Inc. (US), ELAN Microelectonics (Taiwan), Focaltech (China).
    Market Taxonomy  
    By Technology

    • Iris Recognition
    • Face Recognition
    By Vehicle Type
    • Passenger Car
    • Battery Electric Vehicle
    By Application
    • Door
    • Steering Wheel
    • Car Mirror
    • On Board
    By Region
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa.

    Global Finger Print Vehicle Access Market 
    1 Introduction 
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Finger Print Vehicle Access Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Finger Print Vehicle Access Market, By Technology
    5.1 Y-o-Y Growth Comparison, By Technology
    5.2 Global Finger Print Vehicle Access Market Share Analysis, By Technology
    5.3 Global Finger Print Vehicle Access Market Size and Forecast, By Technology
    5.3.1 Iris Recognition
    5.3.2 Face Recognition
    6 Global Finger Print Vehicle Access Market, By Vehicle Type
    6.1 Y-o-Y Growth Comparison, By Vehicle Type 
    6.2 Global Finger Print Vehicle Access Market Share Analysis, By Vehicle Type 
    6.3 Global Finger Print Vehicle Access Market Size and Forecast, By Vehicle Type 
    6.3.1 Passenger Car
    6.3.2 Battery Electric Vehicle
    7 Global Finger Print Vehicle Access Market, By Application
    7.1 Y-o-Y Growth Comparison, By Application
    7.2 Global Finger Print Vehicle Access Market Share Analysis, By Application
    7.3 Global Finger Print Vehicle Access Market Size and Forecast, By Application
    7.3.1 Door
    7.3.2 Steering Wheel
    7.3.3 Car Mirror
    7.3.4 On Board 
    8 Global Finger Print Vehicle Access Market, By Region
    8.1 Global Finger Print Vehicle Access Market Share Analysis, By Region
    8.2 Global Finger Print Vehicle Access Market Share Analysis, By Region
    8.3 Global Finger Print Vehicle Access Market Size and Forecast, By Region
    9 North America Finger Print Vehicle Access Market Analysis and Forecast (2022-2027)
    9.1 Introduction
    9.2 North America Finger Print Vehicle Access Market Share Analysis, By Technology
    9.3 North America Finger Print Vehicle Access Market Size and Forecast, By Application
    9.4 North America Finger Print Vehicle Access Market Size and Forecast, By Vehicle Type
    9.5 North America Finger Print Vehicle Access Market Size and Forecast, By Country
    9.5.1 U.S.
    9.5.2 Canada
    9.5.3 Mexico
    10EuropeFinger Print Vehicle Access Market Analysis and Forecast (2022-2027)
    10.1 Introduction
    10.2 Europe Finger Print Vehicle Access Market Share Analysis, By Technology
    10.3 Europe Finger Print Vehicle Access Market Size and Forecast, By Application
    10.4 Europe Finger Print Vehicle Access Market Size and Forecast, By Vehicle Type
    10.5 Europe Finger Print Vehicle Access Market Size and Forecast, By Country
    10.5.1 Germany
    10.5.2 France
    10.5.3 UK
    10.5.4. Rest of Europe
    11Asia Pacific Finger Print Vehicle Access Market Analysis and Forecast (2022-2027)
    11.1 Introduction
    11.2 Asia Pacific Finger Print Vehicle Access Market Share Analysis, By Technology
    11.3 Asia Pacific Finger Print Vehicle Access Market Size and Forecast, By Application
    11.4 Asia Pacific Finger Print Vehicle Access Market Size and Forecast, By Vehicle Type
    11.5 Asia Pacific Finger Print Vehicle Access Market Size and Forecast, By Country
    11.5.1 China 
    11.5.2 Japan
    11.5.3 India
    11.5.4. Rest of Asia Pacific
    12Latin America Finger Print Vehicle Access Market Analysis and Forecast (2022-2027)
    12.1 Introduction
    12.2 Latin America Finger Print Vehicle Access Market Share Analysis, By Technology
    12.3 Latin America Finger Print Vehicle Access Market Size and Forecast, By Application
    12.4 Latin America Finger Print Vehicle Access Market Size and Forecast, By Vehicle Type
    12.5 Latin America Finger Print Vehicle Access Market Size and Forecast, Country
    12.5.1. Brazil
    12.5.2.Rest of Latin America
    13Middle East Finger Print Vehicle Access Market Analysis and Forecast (2022-2027)
    13.1 Introduction
    13.2 Middle East Finger Print Vehicle Access Market Share Analysis, By Technology
    13.3 Middle East Finger Print Vehicle Access Market Size and Forecast, By Application
    13.4 Middle East Finger Print Vehicle Access Market Size and Forecast, By Vehicle Type 
    13.5 Middle East Finger Print Vehicle Access Market Size and Forecast, By Country
    13.5.1. Saudi Arabia
    13.5.2. UAE
    13.5.3. Egypt
    13.5.4. Kuwait
    13.5.5. South Africa
    14Competitive Analysis
    14.1 Competition Dashboard
    14.2 Market share Analysis of Top Vendors
    14.3 Key Development Strategies
    15Company Profiles
    15.1 Apple Inc. (US)
    15.1.1 Overview
    15.1.2 Products
    15.1.3 Key Financials
    15.1.4 Business Segment & Geographic Overview
    15.1.5 Key Market Developments
    15.1.6 Key Strategies
    15.2. Egis Technology (Taiwan)
    15.2.1 Overview
    15.2.2 Products
    15.2.3 Key Financials
    15.2.4 Business Segment & Geographic Overview
    15.2.5 Key Market Developments
    12.2.6 Key Strategies
    15.3. Crucialtec (South Korea)
    15.3.1 Overview
    15.3.2 Products
    15.3.3 Key Financials
    15.3.4 Business Segment & Geographic Overview
    15.3.5 Key Market Developments
    15.3.6 Key Strategies
    15.4 Next Biometrics (Norway)
    15.4.1 Overview
    15.4.2 Products
    15.4.3 Key Financials
    15.4.4 Business Segment & Geographic Overview
    15.4.5 Key Market Developments
    15.4.6 Key Strategies
    15.5 Novatek Microelectronics (Taiwan)
    15.5.1 Overview
    15.5.2 Products
    15.5.3 Key Financials
    15.5.4 Business Segment & Geographic Overview
    15.5.5 Key Market Developments
    15.5.6 Key Strategies
    15.6 Qualcomm Technologies, Inc. (U.S.)
    15.6.1 Overview
    15.6.2 Products
    15.6.3 Key Financials
    15.6.4 Business Segment & Geographic Overview
    15.6.5 Key Market Developments
    15.6.6 Key Strategies
    15.7 Q Technology (China)
    15.7.1 Overview
    15.7.2 Products
    15.7.3 Key Financials
    15.7.4 Business Segment & Geographic Overview
    15.7.5 Key Market Developments
    15.7.6 Key Strategies 
    15.8 CMOS Sensor Inc. (US)
    15.8.1 Overview
    15.8.2 Products
    15.8.3 Key Financials
    15.8.4 Business Segment & Geographic Overview
    15.8.5 Key Market Developments
    15.8.6 Key Strategies
    15.9 ELAN Microelectonics (Taiwan)
    15.9.1 Overview
    15.9.2 Products
    15.9.3 Key Financials
    15.9.4 Business Segment & Geographic Overview
    15.9.5 Key Market Developments
    15.9.6 Key Strategies
    15.10 Focaltech (China)
    15.10.1 Overview
    15.10.2 Products
    15.10.3 Key Financials
    15.10.4 Business Segment & Geographic Overview
    15.10.5 Key Market Developments
    15.10.6 Key Strategies