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Global Industry Insight: Gesture Recognition and Touch-Less Sensing Market Size, Share, Development, Growth and Demand Forecast to 2020

11-24-2016 09:27 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Market Research

Global Industry Insight: Gesture Recognition and Touch-Less

The gesture recognition and touch-less sensing market is growing at a significant rate mainly due to the increased adoption by original equipment manufacturers (OEMs).The other factors driving the global gesture control market include low cost of gesture enabling software and growing demand of this technology in e-passport programs. Integration of multiple technologies and increase in use of touch-less sanitary equipment in residential sector are some of the factors providing growth opportunities to the gesture recognition and touch-less sensing market in the coming years.

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Touch-less sensing and gesture recognition technology enables the consumer to interact with a device and give electronic commands without the touching it. This is performed by the use of automated systems in which human actions are analyzed by software, followed by certain machine tasks. Infrared and capacitive sensors effectively sense the proximity of any human near the device and perform different tasks as indicated by its functionality. It improves the user experience and also improves the quality of service. Gesture recognition has brought about a revolutionary change in which consumer interacts with machines. The increasing development in research and development activities in touch-less sensing technology in the recent years is further boosting the market scope for such devices.

On the basis of technology, the gesture recognition market can be categorized as touch-based gesture recognition and touch-less gesture recognition. Touch-based gesture recognition technology includes gyroscope, accelerometer and combo sensor or inertial measurement unit. Touch-less gesture recognition technology includes ultrasonic technology, 3d vision technologies, capacitive or electric field, 2d camera based, and infrared array. The gesture recognition market can also be categorized on the basis of applications as healthcare, defense, consumer electronics, advertisement and communication, and automotive. Consumer electronics in which gesture recognition is present include smart television, laptops and tablets, set-top box, gaming console, and smartphones.

Browse For Related Research: www.psmarketresearch.com/industry-report/semiconductor-and-electronics

On the basis of technology, the touch-less sensing market can be categorized as sensors, camera based technology, radio frequency identification technology, and voice recognition. On the basis of products, the touch-less sensing market can be categorized as touch-less biometric and sanitary equipment. Sanitary equipment includes touch-less trashcans, touch-less faucets, touch-less paper towel dispensers, hand dryers, and touch-less soap dispensers. Touch-less biometric includes face recognition system, touch-less fingerprint recognition, voice recognition, and iris recognition. On the basis of application, the touch-less sensing market can be categorized o as government sector, automotive sector, consumer electronics, healthcare, and finance and banking.

The key factors driving the gesture recognition and touch-less sensing market include growth of travel, healthcare and education applications, enhanced user experience and growing need of sophisticated automatic processes in government sector, banking and financial services. The rise in demand for gesture recognition technologies in smartphones offers a significant opportunity to the gesture recognition and touch-less sensing manufactures as smartphone market is growing at a significant pace. The key factors restraining the growth of gesture recognition and touch-less sensing market include high replacement cost, lack of haptic perception, user resistance to the technology, and high power consumption by the products using gesture recognition and touch-less sensing technology.

Report Coverage

Provides comprehensive understanding of the market with the help of informed market outlook, opportunities, challenges, trends, size and growth, competitive analysis, major competitors and Porter analysis

Identifies the key drivers of growth and challenges of the key industry players.

Also, assesses the future impact of the propellants and restraints on the market

Uncovers potential demands in the market

Porter analysis identifies competitive forces within the market

Provides information on the historical and current market size and the future potential of the market

Provides sizes of key regional markets using yardsticks of processes, segments, products, end user and technology, etc (as applicable)

Highlights the competitive scenario of the market, major competitors, market share, benchmarking, investments and merger acquisitions

Provides profiles of major competitors of the market including details of their operations, product and services, recent developments and key financial metrics.

Profiles provide better understanding of competition as well as the demands of the market.

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

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