More Information @ http://bit.ly/2Fj10bQ Automotive Gesture Recognition Market size was worth over USD 800 million in 2016 and the demand is estimated to exhibit at over 43% CAGR from 2017 to 2024.

1. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Automotive Gesture Recognition Market Analysis, Trends,
Growth and Forecast To 2024

2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
 Driver safety regulations by various governments have boosted the adoption of
automotive gesture recognition systems due to provision of benefits such as
improved maneuvering control, compatibility of vehicle’s electronic systems and
drivability.
 However, high cost of integration and complexity may limit their adoption,
hampering the automotive gesture recognition market growth. Manufacturers are
investing heavily for upgrading the existing gesture recognition technology with
advanced sensors, resulting in increased costs, further posing a threat to the
industry growth.
 With technological advancements in sensor technology, automotive gesture
recognition market is expected to observe exponential growth rate over the forecast
period. In 2016, BMW introduced gesture recognition in its 7- series cars.
Automotive Gesture Recognition Industry Background

3. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
 Automotive Gesture Recognition Market size is estimated to surpass USD 13
billion by 2024; according to a new research report by Global Market Insights,
Inc. Automotive gesture recognition market will exhibit over 42% CAGR from
2017 to 2024.
 High consumer preference towards application-based vehicle technologies
coupled with rising awareness regarding driver safety will stimulate the revenue
generation over the forecast timeframe. Increasing electronic components and
sensors in vehicles will further support the adoption of these systems. In
addition, drivers will access multiple vehicle features without losing control on
the steering wheels.
Automotive Gesture Recognition Industry Overview

4. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
 Touch based systems accounted for maximum automotive gesture recognition
market share, crossing USD 550 million in 2016 and will continue its dominance
over the next eight years. This can be credited to high preference owing to their
strong prevalence over the past years.
 Automotive gesture recognition touchless systems will exhibit substantial
growth, exhibiting around 44% CAGR till 2024 owing to provision of advanced
features and enhanced user experience delivered by these systems.
Automotive Gesture Recognition Industry By Product

5. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Latest Research Report On Aircraft Communication System Market @
https://www.gminsights.com/industry-analysis/automotive-gesture-recognition-
market
Request for a sample of this research report @
https://www.gminsights.com/request-sample/detail/1369

6. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
 Passenger cars will dominate the automotive gesture recognition market,
generating a demand for over 32 million units over the forecast timeframe.
Rising demand from infotainment, navigation and multimedia features in the
vehicles will stimulate the industry penetration.
 Surging demand for medium and high-end passenger vehicle across the globe
along with shifting customer preference towards highly advanced variants in
given vehicle range will further boost the automotive gesture recognition market
from passenger cars. Heavy commercial vehicle manufacturers are less likely
to adopt these systems owing to less proximity of vehicles in public utilities.
Automotive Gesture Recognition Industry By Vehicle

7. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
U.S. Automotive Gesture Recognition Market, By Application, 2016 & 2024, (Units)

8. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
 Multimedia/navigation/infotainment application in the automotive gesture
recognition market is anticipated to acquire the maximum share of more than
60% by the end of 2024. Automobile OEMs are focusing on improving customer
experience with infotainment and navigation systems, primarily driving the
demand. Driver distraction can be reduced with easy operability of multimedia
in the car with gesture control, supporting the growth of the segment.
 Growth of door/window opening segment is attributed to vehicle manufacturers
focusing on delivering improved functional features in the vehicles. Moreover,
increasing driver control over the vehicle to ensure safety will stimulate the
demand for the segment.
Automotive Gesture Recognition Industry By Application

9. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
 Hand/fingerprint authentication is estimated to be the fastest growing segment
in the automotive gesture recognition market, exhibiting over 43% CAGR from
2017 to 2024. Its growth is credited to technological advancements in touch
sensing along with increasing usage of time of flight (TOF) sensors. Safety
regulations focusing on driver safety will boost the product demand.
 Vision/iris is likely to grow significantly, witnessing more than 41% CAGR owing
to rising interest of manufacturers and customers towards installation of these
systems.
Automotive Gesture Recognition Industry By
Authentication

10. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
 Europe is anticipated to dominate the automotive gesture recognition market,
crossing USD 6 billion over the next eight years. High penetration of the
premium cars such as BMW 5 and 7 series across the region is expected to
primarily support the regional dominance. Established automotive industry with
substantial vehicle production is likely to further propel the revenue generation.
 North America automotive gesture recognition market will exhibit more than
40% CAGR from 2017 to 2024 owing to rising demand for these systems
across the region. This high demand is credited to rising R&D investments by
OEMs and shifting consumer preference towards advanced vehicle features.
Automotive Gesture Recognition Industry By Region

11. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
 Qualcomm Technologies Inc., Continental AG, Visteon Corporation, Harman
International, and Cognitec System GmbH are among major companies in
automotive gesture recognition market. Other prominent vendors include
Gestigon Gmbh, Synaptics Incorporated, Softkinetic International SA, Eyesight
Technologies, NXP Semiconductors, and Neonode, Melexis and Jabil.
 The industry is dominated by few established players, competing to acquire
maximum share. High growth potential of automotive gesture recognition
market invites new participants, thereby intensifying the competition. Large
players are focusing on acquiring or investing in small companies to gain
access to latest technologies and increase their foothold.
Competitive Automotive Gesture Recognition Industry
Share

12. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Scope, definition & forecast parameters
1.2. Data Sources
1.2.1. Primary
1.2.2. Secondary
Chapter 1 Methodology & Scope

13. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
2.1. Automotive gesture recognition 3600 synopsis, 2013 – 2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Authentication trends
2.1.4. Application trends
2.1.5. Vehicle trends
2.1.6. Regional trend
Chapter 2 Executive Summary

14. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Browse Full TOC @ https://www.gminsights.com/toc/detail/automotive-gesture-
recognition-market

15. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Industry Coverage

16. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Stay In Touch
Website: www.gminsights.com
Social Media: