"Market Intelligence for High-Geared Performance"

Biometric Vehicle Access System Market Size, Share & Industry Analysis, By Type (Fingerprint Recognition System, Voice Recognition System, Others), By Vehicle Type (Passenger Cars, Electric Vehicles) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI103572 | Status : Ongoing

 

KEY MARKET INSIGHTS

Biometric vehicle access system is a technological equipment developed for automatically accessing the vehicle and is preferred by various automotive companies across the world. This system is based on physiological and behavioural characteristics and is used to verify and recognize the manual access for better anti-theft protection, comfort and safety for car owners. It is a user-friendly, convenient and reliable technology for monitoring and identifying the user. The system involves few access tests that verifies the authorized controls. After clearing these tests, the system permits the user to start the engine of the vehicle. The rising need for higher efficiency, accuracy and extra protection in vehicles are encouraging the automotive manufacturers to install biometric access system in vehicles. There are various versions in this system such as the voice verification, finger print recognition, hand geometry, iris or retina recognition and face recognition. Moreover, the automotive companies are adopting this technology to fulfil the safety and security demand of customers as well as to maintain their dominance in the industry. The biometric vehicle access system is majorly adopted by the renowned automotive brands such as Mercedes-Benz, Volkswagen, BMW, and Ford to strengthen the safety and security systems in their vehicles.


Key Market Driver -

rise in the demand for safety and security systems in vehicles is expected to drive the growth of the market in the future period.

Key Market Restraint -

High cost of technology, complexity in operating the system as well as potential failure of electric components may hinder the growth of this market.


Market Segmentation:


Globally, the biometric vehicle access system market is segmented by type, by vehicle type and by geographic coverage. By type, the segment is further divided into finger print recognition system and voice recognition system. The finger print recognition system segment holds the largest share of the global market owing to its high reliability and easy operation. Fingerprints of people are never same, they differ from each other. Therefore, the probabilities of fraud in the fingerprint recognition system is lesser as compared to the voice recognition system. There are more chances that the voice of two people can be the same which can lead to fraud. Moreover, the prominent automotive companies such as Mercedes-Benz, BMW, Volkswagen, etc. deploy fingerprint recognition system in their luxury vehicles which ultimately boosts the growth of the biometric vehicle access system market across the globe. Furthermore, the rapid development and innovation of technologically advanced safety and security features in vehicles is creating high demand in the automotive industry. The development of retina or iris and face recognition system is expected to propel the market growth of biometric vehicle access system owing to the increasing demand for enhanced safety and security features. By vehicle type, the market is further divided into passenger cars and electric vehicles. The passenger car segment holds the maximum share of the global market. Also, the rise in the urbanization, improvement in the standard of living, developing infrastructures and the rise in the income level of people are the foremost factors that are propelling the number of vehicles across the world. Moreover, the rising safety and security concerns among people are encouraging the manufacturers to install biometric vehicle access system in cars which is expected to fuel the growth of the market.         

Key Players:


Major players operating in the global biometric vehicle access system market include Hitachi, Ltd., Synaptics Incorporated., Nuance Communications, Inc., HID Global Corporation, Safran and VOXX International Corp. among others.

Key Insights



  • New Advancements in biometric vehicle access system

  • Number of Products, Key Countries, 2019

  • New Product Launches, Key Players


Regional Analysis:


Geographically, the biometric vehicle access system market is segmented into North America, Europe, Asia Pacific, and the rest of the world. Europe holds the largest share of the global market owing to the presence of prominent automotive companies in this region. The automotive industry in this region rapidly adopting technologically advanced systems which is fuelling the growth of the market. Asia Pacific is expected to show an exponential growth in the global market owing to the high volume of sales and production of vehicles in this region. Moreover, the rapid development and innovation of technologies by the automotive industry is propelling the growth of biometric vehicle access system in the region. The developing and developed economies such as India, China, Japan, and South Korea have been investing a high amount in the automotive industry to develop advanced safety features in vehicles which is projected to propel the biometric vehicle access system market in this region.

To gain extensive insights into the market, Request for Customization


Segmentation






















 ATTRIBUTE

  DETAILS

By Type



  • Fingerprint Recognition System

  • Voice Recognition System

  • Others



By Vehicle Type



  • Passenger Cars

  • Electric Vehicles



By Geography



  • North America (USA, Canada, and Mexico)

  • Europe (Germany, France, U.K., and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)

  • Rest of the World






  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Automotive & Transportation Clients

Bosch
Deloitee
Asahi
KIA
Hitachi

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X