19 February 2019
Visiongain’s new report the Biometric Vehicle Access Technologies Market Report 2019-2029 : Forecasts & Analysis by Biometric Type (Fingerprint Recognition, Iris Recognition, Face Recognition, Other (Retinal Scan, Hand Geometry, Palm Vein Authentication, and Voice Identification)), by Vehicle Type (Passenger Cars, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV)) & by Region and Country Plus Profiles of Top Companies indicates that the global biometric vehicle access technologies market will reach a value of $574.3m in 2019.
The lead analyst of the report said: "The biometric vehicle access technologies market is about to enter a period of phenomenal growth and innovation. The next ten years will see the upsurge demand of biometric technologies in passenger vehicles as well as commercial goods vehicles.
Emerging innovators are more focusing upon R&D to bring smarter, easier and accessible biometric technologies to increase vehicle security and safety. The biometric technologies for use in vehicles are in an emerging phase and in the coming years these technologies will feature in more applications in vehicles. Currently luxury and high end vehicles are having biometric technologies installed and this phenomenon will trickle down in future. The Asia Pacific region is currently the most favourable market as it is growing at a strong rate."
The 159 page report contains 157 tables, charts and graphs that add visual analysis in order to explain developing trends within the biometric vehicle access technologies market. Visiongain provides forecasts for the period 2019-2029 for the leading biometric vehicle access technologies submarkets, namely by Biometric Type (Fingerprint Recognition, Iris Recognition, Face Recognition, Other (Retinal Scan, Hand Geometry, Palm Vein Authentication, and Voice Identification)), By Vehicle Type (Passenger Cars, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV)).
The comprehensive report offers market forecasts and analysis for 4 regions and 19 leading national markets plus the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering more than 15 companies leading the field in biometric vehicle access technologies.
The Biometric Vehicle Access Technologies Market Report 2019 2029 report will be of value to anyone who wants to better understand the biometric vehicle access technologies market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the biometric vehicle access technologies industry.
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Rising vehicle demand especially in developing economies such as China and India; rising adoption of autonomous vehicles, growing IoT; and other economic factors; are estimated to increase the adoption of biometric vehicle access technologies in passenger vehicles segment
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