The Automotive Gesture Recognition System Market is Predict to reach $4.8 Billion by 2030, at a CAGR of 18%

Automotive Gesture Recognition System Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Automotive Gesture Recognition System Market size is expected to reach $4.8 billion by 2030, rising at a market growth of 18.0% CAGR during the forecast period.

The Touch Based Systems segment exhibits a highest CAGR of 17.3% during (2023 - 2030). Touch-based systems allow users to control infotainment functions such as navigation, music, and connectivity with a simple touch on the screen. Touch interfaces enable users to adjust climate control settings, including temperature, fan speed, and seat heating/cooling functions. Touch-based systems can work with voice recognition technology, allowing users to input commands through touch or voice.

The Multimedia/Infotainment/Navigation segment is generating the highest revenue in the Global Automotive Gesture Recognition System Market by Application in 2022; thereby, achieving a market value of $2.5 billion by 2030. Automotive gesture recognition systems enable users to control infotainment features seamlessly using hand gestures. This includes adjusting volume, changing tracks, and navigating through multimedia menus. Gesture recognition facilitates touch-free control of navigation systems. Users can perform gestures to zoom in or out on maps, set destinations, and interact with navigation menus.

The Facial Recognition segment is experiencing a CAGR of 18.3% during (2023 - 2030). Facial recognition serves as a robust biometric authentication method, enhancing vehicle security. It allows for secure access to the vehicle, preventing unauthorized use or entry. Facial recognition enables driver monitoring systems to identify and analyze the driver's facial features, tracking factors like attention, drowsiness, and emotional states. Facial recognition can create secure user profiles, linking specific facial features to individual preferences and settings.

The Europe region dominated the Global Automotive Gesture Recognition System Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.6 billion by 2030. The North America region is anticipated to grow at a CAGR of 17.5% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 18.6% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/automotive-gesture-recognition-system-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Aptiv PLC, Cognitec Systems GmbH (Salto Systems, S.L.), Continental AG, NXP Semiconductors N.V., Samsung Electronics Co., Ltd. (Samsung Group), Sony Corporation, Synaptics Incorporated, Qualcomm Incorporated, Visteon Corporation, and Apple, Inc.

Global Automotive Gesture Recognition System Market Segmentation

By Component

• Touchless Systems
• Touch Based Systems

By Application

• Multimedia/Infotainment/Navigation
• Lighting Systems
• Others

By Authentication Type

• Hand/Finger Print/Leg Recognition
• Vision/IRIS Recognition
• Facial Recognition
• Others

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• Aptiv PLC
• Cognitec Systems GmbH (Salto Systems, S.L.)
• Continental AG
• NXP Semiconductors N.V.
• Samsung Electronics Co., Ltd. (Samsung Group)
• Sony Corporation
• Synaptics Incorporated
• Qualcomm Incorporated
• Visteon Corporation
• Apple, Inc.

Related Reports:

North America Automotive Gesture Recognition System Market Size, 2030

• January-2024
• 117 Pages

LAMEA Automotive Gesture Recognition System Market Size, 2030

• January-2024
• 130 Pages

Europe Automotive Gesture Recognition System Market Size, 2030

• January-2024
• 129 Pages

Asia Pacific Automotive Gesture Recognition System Market Size, 2030

• January-2024
• 130 Pages