Press release
Global Automotive Gesture Recognition Market: by Manufacturers, Types, Regions and Application Research Report Forecast to 2022
Fact.MR
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An improved operability of drivers is pivotal in boosting the efficiency of automobiles. Through automotive gesture recognition systems, drivers are not compelled to use physical contact for operating the vehicle’s key features, and can reserve their handheld control to steering systems. Automotive gesture recognition systems are becoming popular among car buyers, owing to their advantage in reducing driver distractions, and lowering the occurrence of road mishaps caused by preoccupied drivers. With growing adoption of technologies, there is a strong chance that almost every passenger car hitting the road will be equipped with automotive gesture recognition systems in the years to come.
Fact.MR’s report on the global automotive gesture recognition market offers key insights on how adoption of automotive gesture recognition will gain vigorous momentum during the forecast period, 2017-2022. In 2017, the global automotive gesture recognition market is pegged to reach a value of US$ 1.19 Bn. With rising inclination towards touchless operability solutions, the global automotive gesture recognition market is anticipated to bring in revenues worth over US$ 4.2 Bn, reflecting a soaring CAGR by the end of 2022.
Demand for Touch-based Gesture Recognition Systems to Gain Traction
While developers of automotive gesture recognition systems are aiming to reduce the need of physical contact in in-car operations, the report distinctly highlights the demand for touch-based products. Considering this contradiction, the report emphasizes that drivers will be more inclined towards touch-based automotive gesture recognition systems as adopting touchless sensing technologies in simple operations will be more complex for the entire driving community. Between 2017 and 2022, the global revenues amassed from sales of touch-based automotive gesture recognition products are likely to showcase an increment of US$ 2.7 Bn. In 2017, touchless products are likely to account for a little over 18% of the market. Adoption of touchless products is, thus, expected to be lower than that of touch-based automotive gesture recognition systems.
Multimedia, Infotainment & Navigation – Key Application of Automotive Gesture Recognition
Infotainment is likely to be the best-suited application for automotive gesture recognition systems. Through voice recognition, drivers can effortlessly change songs, videos, radio channels and other media, and boost their in-car entertainment quotient. Navigation is also observed as a lucrative application for automotive gesture recognition systems as a simple hand gesture will help car turn on the side indicators.
The report highlights that over three-fourth of global automotive gesture recognition system sales by the end of 2017 will be accounted by their application in multimedia, infotainment or navigation. Collectively, these application segments will gain 181 BPS by 2022 over 2017, registering US$ 2.5 Bn incremental opportunity over the forecast period.
Competition Tracking
The report has also profiled leading manufacturers of automotive gesture recognition systems, observing their active participation in the expansion of global market. These companies include Cognitec Systems GmbH, Eyesight Technologies, Harman International, NXP Semiconductors, Gestigon GmbH, Qualcomm technologies Inc., Synaptics Incorporated, Continental AG, Softkinetic, and Visteon Corporation.
Browse Full Report with TOC- https://www.factmr.com/report/20/automotive-gesture
Table of Content:
Chapter 1. Global Automotive Gesture Recognition System Market – Executive Summary. 32
Chapter 2. Global Automotive Gesture Recognition System Market Overview. 33
2.1. Introduction. 34
2.1.1. Global Automotive Gesture Recognition System Market Taxonomy. 34
2.1.2. Global Automotive Gesture Recognition System Market Definition. 34
2.2. Global Automotive Gesture Recognition System Market Size (US$ Mn) and Forecast, 2012-2022. 35
2.2.1. Global Automotive Gesture Recognition System Market Y-o-Y Growth. 35
2.3. Global Automotive Gesture Recognition Market: Macroeconomic Factors. 35
2.4. Global Automotive Gesture Recognition Market impact factors. 37
2.5. Supply Chain. 40
2.6. Cost Structure. 41
2.7. Pricing Analysis. 41
2.8. Raw Material Sourcing Strategy and Analysis. 41
2.9. List of Distributors. 41
2.10. Key Participants Market Presence (Intensity Map) By Region. 42
2.11. Competitive Assessment and Technology Trends in Future. 42
Chapter 3. Global Automotive Gesture Recognition System Market Analysis and Forecast By Product Type. 43
3.1. Global Automotive Gesture Recognition System Market Size and Forecast By Product Type, 2012-2022. 43
3.1.1. Touch Based Systems Automotive Gesture Recognition System Market Size and Forecast, 2012-2022. 43
3.1.1.1. Revenue (US$ Mn) Comparison, By Region. 43
3.1.1.2. Market Share Comparison, By Region. 45
3.1.1.3. Y-o-Y growth Comparison, By Region. 45
3.1.2. Touchless Systems Automotive Gesture Recognition System Market Size and Forecast, 2012-2022. 46
3.1.2.1. Revenue (US$ Mn) Comparison, By Region. 46
3.1.2.2. Market Share Comparison, By Region. 48
3.1.2.3. Y-o-Y growth Comparison, By Region. 48
Continued….
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized automotive market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
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