PUNE, India, March 26, 2017 /PRNewswire-iReach/ -- The
Europe is the largest region in
the automotive GRS market. In 2016, the largest regional market for
the automotive GRS is the European market. The disposable income is
high in developed countries like Germany and UK and the demand for premium as
well as comfort features in a vehicle is increasing. Complete
report on "Automotive Gesture Recognition Systems Market"
spread across 130 pages, profiling 10 companies and supported with
67 tables and 51 figures is now available at
http://www.rnrmarketresearch.com/automotive-gesture-recognition-systems-market-by-component-type-touch-based-systems-and-touchless-systems-authentication-type-hand-fingerprint-leg-face-vision-iris-application-lighting-system-and-region-st-to-2021-market-report.html
.
The Asia-Pacific market is the
fastest growing in terms of value, and is dominated by China, a key market for the automotive GRS in
the region. Increasing passenger car production in developing
countries in Asia-Pacific such as
China and India on the backdrop of positive economy
outlook and favoring demographics is one of the major factors
contributing to the growth of the Asia-Pacific market.
The hand/fingerprint authentication type is the largest market
segment, in terms of value, in the automotive GRS market. The
hand/fingerprint segment is the largest market among authentication
type segments in the automotive GRS market. This segment is
expected to continue its dominance during the forecast period while
growing at a high CAGR owing to factors such as increasing trend in
ease of communication between the vehicle and the user through
gestures. For example, access to navigation and entertainment
features using hand and fingerprint gesture controls.
The fastest growing trend in the automotive gesture recognition
systems (GRS) market is the touchless systems; the GRS
manufacturers are adopting these systems in their vehicle to reduce
distraction. The fastest growing trend in the automotive GRS market
is the touchless systems market. The demand for automotive GRS has
increased because of enhanced user experience and greater comfort.
In addition, automotive manufacturers are adopting the GRS system
in their vehicle to reduce driver workload and distraction to make
their vehicle accident free. However, high price of GRS, and low
consumer awareness may hamper the growth of the GRS market to some
extent.
The touchless system is expected to grow at a high CAGR among
component type segment. The touchless systems segment is estimated
to hold the largest market size of automotive GRS 2016. It is
expected to grow at a high CAGR, owing to rise in demand for
passenger cars across the globe and OEMs focus to enhance user
experience.
This research study is obliging for following audience:
- Automotive component manufacturers
- Raw material suppliers
- Automotive manufacturers
- Distributors and suppliers of automotive components/parts
- Industry associations and experts
The automotive GRS market consists of various major system
manufacturers. Companies such as Continental AG (Germany), HARMAN International Industries
(U.S.), SoftKinetic (Belgium),
Synaptics Incorporated (U.S), Visteon Corp (U.S), NXP
Semiconductors (Netherlands), Omek
Interactive Ltd. (Israel),
Qualcomm Inc. (U.S.), eyeSight Technologies Ltd. (Israel) and Cognitec Systems GmbH
(Germany) are the major
manufacturers of gesture recognition systems globally.Download
PDF Brochure "Automotive Gesture Recognition Systems Market by
Component Type (Touch Based Systems, and Touchless Systems),
Authentication Type (Hand/Fingerprint/Leg, Face, Vision/iris),
Application (Lighting System), and Region - Global Forecast to
2021" research report at
http://www.rnrmarketresearch.com/contacts/request-sample?rname=935189
.
In the process of determining and verifying, the market size for
several segments and sub segments gathered through secondary
research, extensive primary interviews were conducted with key
people. In Tier 1 (62%), Tier 2 (25%) and Tier 3 (13%) companies
were contacted for primary interviews. The interviews were
conducted with various key people such as C-Level (37%), D-Level
(38%) and Manager Level (25%) from various key organizations
operating in the automotive gesture recognition systems market. The
primary interviews were conducted worldwide covering regions such
as Americas (12%), Europe (50%),
APAC (25%) and Middle East
(13%).
Research Coverage: The report covers the automotive GRS market
based on Region (North America,
Europe, Asia-Pacific, and Rest of World), component
type (touch based systems and touchless systems), Application type
(multimedia/infotainment/navigation, lighting systems and others),
and authentication type (hand/fingerprint/leg recognition, face
recognition, vision/iris recognition and others).
On a related note, another research titled Automotive HMI
Market Global Forecast to 2021 says, the automotive HMI market
is projected to grow at a CAGR of 11.93%, to reach $28.13 billion by 2021. The acoustic interface
technology is the fastest growing technology in automotive HMI
market. The Instrument cluster segment is estimated to hold the
largest market size. Asia-Pacific
is the largest market and North
America is the fastest growing market in the automotive HMI
market. Companies such as Continental AG (Germany), Luxoft Holding, Inc. (Switzerland), Delphi Automotive PLC (U.K.),
Synaptics Incorporated (U.S.), Visteon Corporation (U.S.), Valeo
S.A. (France), Harman
International Industries, Inc. (U.S.), Clarion co. Ltd
(Japan), Magneti Marelli S.P.A
(Italy), Alpine Electronics Inc.
(Japan), Altran Technologies SA
(France) and Voice box
technologies (U.S.) have been profiled in this 166 pages research
report available at
http://www.rnrmarketresearch.com/automotive-hmi-market-by-technology-visual-and-acoustic-product-voice-control-central-display-instrument-cluster-steering-mounted-control-hud-rse-display-access-light-duty-vehicle-type-function-and-reg-st-to-2021-market-report.html
.
About Us:
RnRMarketResearch.com is your single source for all market
research needs. Our database includes 500,000+ market research
reports from over 100+ leading global publishers & in-depth
market research studies of over 5000 micro markets. With
comprehensive information about the publishers and the industries
for which they publish market research reports, we help you in your
purchase decision by mapping your information needs with our huge
collection of reports.
Connect with Us:
G+ / Google Plus:
https://plus.google.com/104156468549256253075/posts
Twitter: https://twitter.com/RnRMR
Facebook:
https://www.facebook.com/pages/RnR-Market-Research/413488545356345
RSS / Feeds: http://www.rnrmarketresearch.com/feed
Media Contact: Ritesh Tiwari, RnR Market Research,
+1-888-391-5441, sales@rnrmarketresearch.com
News distributed by PR Newswire iReach:
https://ireach.prnewswire.com
SOURCE RnRMarketResearch.com