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Global Hand Geometry Vehicle Access Market Size, Trends and Growth Opportunity, By Technology (Iris Recognition, Face Recognition), By Vehicle Type (Passenger Car, Battery Electric Vehicle), By Authentication (Fingerprint, Voice recognition, Hand Geometry), By Application (Door, Steering Wheel, Car Mirror, On Board), By End User (FSR, QSR, Institutional, Others), By Region and forecast till 2030.


Report ID : IR1002010 | Industries : Automotive and Transportation | Published On :June 2024 | Page Count : 254

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  • Global Hand Geometry Vehicle Access Market Size, Trends and Growth Opportunity, By Technology (Iris Recognition, Face Recognition), By Vehicle Type (Passenger Car, Battery Electric Vehicle), By Authentication (Fingerprint, Voice recognition, Hand Geometry), By Application (Door, Steering Wheel, Car Mirror, On Board), By End User (FSR, QSR, Institutional, Others), By Region and forecast till 2030.
    Global Hand Geometry Vehicle Access Market
    Global Hand Geometry Vehicle Access Market was valued at USD 364.07 million in 2022 and is slated to reach USD 924.21 million by 2030 at a CAGR of 12.35% from 2023-2030.
    Automated car access based on physiologic or behavioural characteristics is made possible by a technology known as a hand geometry vehicle access system. It is used for manual access verification and identification to improve anti-theft security and learn more about automobile owners' comfort and safety. The biometric vehicle access system uses user-friendly, safe, and useful technologies. A variety of systems, including voice recognition, fingerprint recognition, and more, are included under the umbrella term "biometric vehicle entry system." Compared to fingerprint recognition systems for car access, voice recognition systems are less prevalent on the market.
    Market Drivers
    The market for hand geometry car access will see increased demand as a result of technology developments that enable speedy authentication and user-friendly high-end protection systems. The system's performance is enhanced by the international electrical technical commission (IEC) and international organisation for Standardisation (ISO) design standards, which guarantee the system's operability. The introduction of cutting-edge information technology, including human-machine interfaces (HMI) and touchscreens for passenger windows, is accelerating market expansion. The use of iris recognition technology will further broaden the potential applications of the biometric card access system. Additionally, the HMI makes it possible for the driver's dashboard to serve as an iPad, replete with a voice-activated user interface for browsing cloud data. The automotive business will benefit from these positive traits, which will increase market size.
    Seeing as to its high reliability and individuality, fingerprint recognition is projected to have a substantial impact on the market's growth. Because each fingerprint is distinctive, it is simple to tell one person from another. As a result, compared to traditional recognition, the chance of fraud in the fingerprint recognition system is lower. The automobile industry is leading the way in using fingerprint recognition technology to improve safety in vehicles, which has sped up the growth of this industry. Fingerprint recognition technology will allow drivers to easily and swiftly unlock and start their vehicles. This approach, which mostly depends on the preferences of every single driver, lowers the likelihood of auto theft. Because of this important advancement, the vehicle's fingerprint recognition system has been reinforced, which will promote the growth of the sector.
    Market Restraints
    Hand geometry biometric vehicle entry will only have a limited market due to worries about owner data security and hazards brought on by a growing number of technological components in cars. System dysfunctionality, which results in system failure and false authentication, will limit the use of technology during the forecasted time. The biometric car entrance system uses current technology, such as sensors, cameras, and other connected technologies. Cybersecurity risk has increased as a result of connection and connected devices. When linked gadgets are used, data is generated that contains the traveller's personal information, which hackers could misuse. Because new technology is expensive, automakers find it challenging to implement it.
    Market Segmentation
    Global Hand Geometry Vehicle Access Market is segmented into Technology, Authentication, Vehicle Type, Application and End-User. By Technology such as Iris Recognition, Face Recognition. By Authentication such as Fingerprint, Voice recognition, and Hand Geometry. By Vehicle Type such as Passenger Car, Battery Electric Vehicle. By Applications such as Doors, Steering Wheel, Car Mirrors, On Board. By End-User such as FSR, QSR, Institutional, and Others.
    Regional Analysis
    Global Hand Geometry Vehicle Access Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Throughout the predicted period, Europe will maintain its current pattern of market dominance. The adoption of cutting-edge technologies and the region's expanding automobile industry are the main causes of the region's dominance. A significant demand from developing nations would cause Asia-Pacific to grow at the fastest rate over the projection period. In addition, there is a rise in vehicle production, widespread use of affordable biometric systems, and acceptance of advanced technology.
    Key Players
    This report includes a list of numerous Key Players, namely Hitachi, Ltd. (Japan), Nuance Communications, Inc. (U.S.), BioEnable Technologies Pvt. Ltd. (India), FindBiometrics (Canada), Iritech, Inc. (U.S.), Continental AG (Germany), CAPGEMINI ENGINEERING(India), Methode Electronics (U.S.), Synaptics Incorporated. (U.S.), Fujitsu (Japan).
    Market Taxonomy
    By Technology
    •        Iris Recognition
    •        Face Recognition
    By Authentication
    •        Fingerprint
    •        Voice recognition
    •        Hand Geometry
    By Vehicle Type
    •        Passenger Car
    •        Battery Electric Vehicle
    By Application
    •        Door
    •        Steering Wheel
    •        Car Mirror
    •        On Board
     By End User
    •        FSR
    •        QSR
    •        Institutional
    •        Others
    By Region
    •        North America
    •        Latin America
    •        Europe
    •        Asia Pacific
    •        Middle East & Africa.
     
     
     
     
     
     

    Global Hand Geometry 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 Hand Geometry Vehicle Access Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4Cumulative Impact due to recent Energy Crises
    4.2.5 Cumulative Impact due to nearing Economic Downturn
    4.2.6 Post Covid-19 World Supply and Demand Conditions
    4.2.7 Cumulative Impact of Russia-Ukraine Conflict
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Hand Geometry Vehicle Access Market, By Technology
    5.1 Y-o-Y Growth Comparison, By Technology
    5.2 Global Hand Geometry Vehicle Access Market Share Analysis, By Technology
    5.3 Global Hand Geometry Vehicle Access Market Size and Forecast, By Technology
    5.3.1 Iris Recognition
    5.3.2 Face Recognition 
    6 Global Hand Geometry Vehicle Access Market, By Authentication
    6.1 Y-o-Y Growth Comparison, By Authentication
    6.2 Global Hand Geometry Vehicle Access Market Share Analysis, By Authentication
    6.3 Global Hand Geometry Vehicle Access Market Size and Forecast, By Authentication
    6.3.1 Fingerprint
    6.3.2 Voice recognition
    6.3.3 Hand Geometry
    7 Global Hand Geometry Vehicle Access Market, By End-User
    7.1 Y-o-Y Growth Comparison, By End-User
    7.2 Global Hand Geometry Vehicle Access Market Share Analysis, By End-User
    7.3 Global Hand Geometry Vehicle Access Market Size and Forecast, By End-User
    7.3.1 FSR
    7.3.2 QSR
    7.3.3 Institutional
    7.3.4 Others 
    8 Global Hand Geometry Vehicle Access Market, By Vehicle Type
    8.1 Y-o-Y Growth Comparison, By Vehicle Type
    8.2 Global Hand Geometry Vehicle Access Market Share Analysis, By Vehicle Type
    8.3 Global Hand Geometry Vehicle Access Market Size and Forecast, By Vehicle Type 
    8.3.1 Passenger Car
    8.3.2 Battery Electric Vehicle
    9 Global Hand Geometry Vehicle Access Market, By Application 
    9.1 Y-o-Y Growth Comparison, By Application
    9.2 Global Hand Geometry Vehicle Access Market Share Analysis, By Application
    9.3 Global Hand Geometry Vehicle Access Market Size and Forecast, By Application
    9.3.1 Door
    9.3.2 Steering Wheel
    9.3.3 Car Mirror
    9.3.4 On Board 
    10 Global Hand Geometry Vehicle Access Market, By Region
    10.1 Global Hand Geometry Vehicle Access Market Share Analysis, By Region
    10.2 Global Hand Geometry Vehicle Access Market Share Analysis, By Region
    10.3 Global Hand Geometry Vehicle Access Market Size and Forecast, By Region
    11 North America Hand Geometry Vehicle Access Market Analysis and Forecast (2023-2030)
    11.1 Introduction
    11.2 North America Hand Geometry Vehicle Access Market Share Analysis, By Technology
    11.3 North America Hand Geometry Vehicle Access Market Size and Forecast, By Authentication
    11.4 North America Hand Geometry Vehicle Access Market Size and Forecast, By End-User
    11.5 North America Hand Geometry Vehicle Access Market Size and Forecast, By Vehicle Type
    11.6 North America Hand Geometry Vehicle Access Market Size and Forecast, By Application
    11.7 North America Hand Geometry Vehicle Access Market Size and Forecast, By Country
    11.7.1 U.S.
    11.7.2 Canada
    11.7.3 Mexico
    12 Europe Hand Geometry Vehicle Access Market Analysis and Forecast (2023-2030)
    12.1 Introduction
    12.2 Europe Hand Geometry Vehicle Access Market Share Analysis, By Technology
    12.3 Europe Hand Geometry Vehicle Access Market Size and Forecast, By Authentication 
    12.4 Europe Hand Geometry Vehicle Access Market Size and Forecast, By End-User
    12.5 Europe Hand Geometry Vehicle Access Market Size and Forecast, By Vehicle Type
    12.6 Europe Hand Geometry Vehicle Access Market Size and Forecast, By Application
    12.7 Europe Hand Geometry Vehicle Access Market Size and Forecast, By Country
    12.7.1 Germany
    12.7.2 France
    11.7.3 UK
    11.7.4 Rest of Europe
    13 Asia Pacific Hand Geometry Vehicle Access Market Analysis and Forecast (2023-2030)
    13.1 Introduction
    13.2 Asia Pacific Hand Geometry Vehicle Access Market Share Analysis, By Technology
    13.3 Asia Pacific Hand Geometry Vehicle Access Market Size and Forecast, By Authentication 
    13.4 Asia Pacific Hand Geometry Vehicle Access Market Size and Forecast, By End-User
    13.5 Asia Pacific Hand Geometry Vehicle Access Market Size and Forecast, By Vehicle Type
    13.6 Asia Pacific Hand Geometry Vehicle Access Market Size and Forecast, By Application
    13.7 Asia Pacific Hand Geometry Vehicle Access Market Size and Forecast, By Country
    13.7.1 China        
    13.7.2 Japan
    13.7.3 India
    13.7.4 Rest of Asia Pacific
    14 Latin America Hand Geometry Vehicle Access Market Analysis and Forecast (2023-2030)
    14.1 Introduction
    14.2 Latin America Hand Geometry Vehicle Access Market Share Analysis, By Technology
    14.3 Latin America Hand Geometry Vehicle Access Market Size and Forecast, By Authentication 
    14.4 Latin America Hand Geometry Vehicle Access Market Size and Forecast, By End-User
    14.5 Latin America Hand Geometry Vehicle Access Market Size and Forecast, By Vehicle Type
    14.6 Latin America Hand Geometry Vehicle Access Market Size and Forecast, By Application
    14.7 Latin America Hand Geometry Vehicle Access Market Size and Forecast, Country
    14.7.1 Brazil
    14.7.2 Rest of Latin America
    15 Middle East Hand Geometry Vehicle Access Market Analysis and Forecast (2023-2030)
    15.1 Introduction
    15.2 Middle East Hand Geometry Vehicle Access Market Share Analysis, By Technology
    15.3 Middle East Hand Geometry Vehicle Access Market Size and Forecast, By Authentication 
    15.4 Middle East Hand Geometry Vehicle Access Market Size and Forecast, By End-User
    15.5 Middle East Hand Geometry Vehicle Access Market Size and Forecast, By Vehicle Type
    15.6 Middle East Hand Geometry Vehicle Access Market Size and Forecast, By Application
    15.7 Middle East Hand Geometry Vehicle Access Market Size and Forecast, By Country
    15.7.1 Saudi Arabia
    15.7.2 UAE
    15.7.3 Egypt
    15.7.4 Kuwait
    15.7.5 South Africa
    16 Competitive Analysis
    16.1 Competition Dashboard
    16.2 Market share Analysis of Top Vendors
    16.3 Key Development Strategies
    17 Company Profiles
    17.1 Hitachi, Ltd. (Japan) 
    17.1.1 Overview
    17.1.2 Offerings
    17.1.3 Key Financials
    17.1.4 Business Segment & Geographic Overview
    17.1.5 Key Market Developments
    17.1.6 Key Strategies
    17.2 Nuance Communications, Inc. (U.S.)  
    17.2.1 Overview
    17.2.2 Offerings
    17.2.3 Key Financials
    17.2.4 Business Segment & Geographic Overview
    17.2.5 Key Market Developments
    17.2.6 Key Strategies
    17.3 BioEnable Technologies Pvt. Ltd. (India) 
    17.3.1 Overview
    17.3.2 Offerings
    17.3.3 Key Financials
    17.3.4 Business Segment & Geographic Overview
    17.3.5 Key Market Developments
    17.3.6 Key Strategies
    17.4 FindBiometrics (Canada) 
    17.4.1 Overview
    17.4.2 Offerings
    17.4.3 Key Financials
    17.4.4 Business Segment & Geographic Overview
    17.4.5 Key Market Developments
    17.4.6 Key Strategies
    17.5 Iritech, Inc. (U.S.) 
    17.5.1 Overview
    17.5.2 Offerings
    17.5.3 Key Financials
    17.5.4 Business Segment & Geographic Overview
    17.5.5 Key Market Developments
    17.5.6 Key Strategies
    17.6 Continental AG (Germany) 
    17.6.1 Overview
    17.6.2 Offerings
    17.6.3 Key Financials
    17.6.4 Business Segment & Geographic Overview
    17.6.5 Key Market Developments
    17.6.6 Key Strategies
    17.7 Capgemini Engineering (India) 
    17.7.1 Overview
    17.7.2 Offerings
    17.7.3 Key Financials
    17.7.4 Business Segment & Geographic Overview
    17.7.5 Key Market Developments
    17.7.6 Key Strategies        
    17.8 Methode Electronics (U.S.) 
    17.8.1 Overview
    17.8.2 Offerings
    17.8.3 Key Financials
    17.8.4 Business Segment & Geographic Overview
    17.8.5 Key Market Developments
    17.8.6 Key Strategies
    17.9 Synaptics Incorporated. (U.S.) 
    17.9.1 Overview
    17.9.2 Offerings
    17.9.3 Key Financials
    17.9.4 Business Segment & Geographic Overview
    17.9.5 Key Market Developments
    17.9.6 Key Strategies
    17.10 Fujitsu (Japan)
    17.10.1 Overview
    17.10.2 Offerings
    17.10.3 Key Financials
    17.10.4 Business Segment & Geographic Overview
    17.10.5 Key Market Developments
    17.10.6 Key Strategies