Global Biometric Driver Identification System Market Trends & Future Insights Analyzed for the Period 2017-2022

Posted on 2018-07-03 by Mark Hub in Industrial, Retail // 0 Comments

ROCKVILLE, US, 2018-Jul-03 — /EPR Network/ — FactMR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “Biometric Driver Identification System Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022” has been added to the wide online database of FactMR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global Biometric Driver Identification System Market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2022.

Biometric driver identification system is being used to prevent unauthorized access to vehicles. Automobile industry is increasingly adopting biometric identification system to ensure security of the car. Manufacturers are offering various biometrics technology for authentication such as facial and fingerprint recognition, voice analysis, iris-based in-car biometrics, hand geometry, etc. biometric identification system are being developed with some advanced features such as behavior-based algorithms to ensure performance and safety. This FactMR report discusses key prospects for growth of global biometric driver identification system market during the forecast period, 2017-2022, offering pragmatic insights to lead market players towards devising & implementing informed strategies.

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Biometric driver identification system is an advanced technology in the vehicle, ensuring its safety. The system uses various technologies such as fingerprint and facial recognition, retina scan, hand geometry, voice analysis, etc., to identify the driver and also to avoid unauthorized access. It also alerts the driver in real-time in case of any distraction. The biometric driver identification system also customizes in-vehicle features as per the driver comfort including seat alignment, the temperature in the vehicle, adjusting steering as per the comfort of the driver.

Automotive manufacturers are integrating biometric driver identification system to ensure safety as well as enhance driver experience with help of various advanced features. A biometric identification system in automobiles is emerging as keyless entry device. Manufacturers are focusing on adding standard features in biometric driver identification system such as loading personalized settings including maps, communication system, dashboard display, etc. Biometric driver identification system is being increasingly used by fleet management companies as it ensures security and safety, assist in evaluating individual driver performance, and helps to detect unauthorized vehicle use.

According to the report by FactMR, the global biometric driver identification system market is expected to see healthy growth throughout the forecast period. The global market for biometric driver identification system is projected to bring in US$ 25,559.5 million revenue by the end of 2022. Increasing awareness about vehicle safety among individuals is one of the factors boosting the demand for biometric driver safety system. Along with security, the biometric systems in vehicles are also equipped with advanced features, enhancing the driving experience.

Compact Passenger Cars to Emerge as Largest User of Biometric Driver Identification System

Towards the end of 2017, compact passenger cars are expected to account for nearly one-third of the revenue share. Compact passenger cars are projected to surpass US$ 7,600 million value by the end of 2022. Meanwhile, mid-sized passenger cars will also experience impressive growth throughout the forecast period.

Engine Start-Stop System to Gain Maximum Revenue Share

Engine start-stop system is expected to experience impressive growth during 2017-2022. By the end of 2022, engine start-stop system is estimated to create an incremental opportunity exceeding US$ 4,500 million between 2017 and 2022.

Iris Scan to Emerge as Leading Biometrics Technology in Vehicles

Among various biometrics technologies for vehicle authentication, Iris scan will gain maximum traction in a biometric driver identification system. Iris scan is expected to register healthy growth rate during the forecast period. Meanwhile, face recognition technology is also likely to witness robust growth through 2022.

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Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global biometric driver identification system market through 2022, which include Bioenable Technologies Pvt. Ltd, Bayometric LLC, Continental AG, Fujitsu Ltd, Denso Corporation, HID Global Corporation, Gentex Corporation, Mitsubishi Heavy Industries Ltd, Robert Bosch GmbH, and Hitachi Ltd.

Table Of Content:

Global Biometric Driver Identification System Market – Executive Summary
Global Biometric Driver Identification System Market Overview
2.1. Introduction
2.1.1. Global Biometric Driver Identification System Market Taxonomy
2.1.2. Global Biometric Driver Identification System Market Definition
2.2. Global Biometric Driver Identification System Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Biometric Driver Identification System Market Y-o-Y Growth
2.3. Global Biometric Driver Identification System Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
Global Biometric Driver Identification System Market Analysis and Forecast By Vehicle Type
3.1. Global Biometric Driver Identification System Market Size and Forecast By Vehicle Type, 2012-2022
3.1.1. Compact Passenger Cars Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Mid-sized Passenger Cars Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

Continue…@@

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