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Global Automotive Gesture Recognition Market size was valued at USD 24.48 billion in 2023 and is poised to grow from US$ 28.91 billion in 2024 to US$ 109.41 billion by 2032, growing at a CAGR of 18.10% during the forecast period (2024-2032) according to a new report by Intellectual Market Insights Research.
There is a considerable growth in the worldwide automotive gesture recognition market driven by increasing desire for better user experiences in cars and technological improvements. The need for physical interaction with buttons and screens are eliminated by Automobile movement recognition systems by allowing drivers and passengers to operate a variety of vehicle functions with basic hand gestures. In addition to improving convenience it also improves safety by reducing driving distractions.
One of the main factors driving the growth of this industry is the increasing integration of advanced driver assistance systems (ADAS) and autonomous driving technologies in contemporary automobiles. As autonomous vehicles become more commonplace. The demand for simple, inconspicuous methods of interacting with the car's systems grows. This need is met by gesture recognition technology, which offers a user-friendly interface that feels natural to operate. Automakers are also being encouraged to include gesture recognition technology into their vehicles in order to reduce the mental strain on drivers due to the increased focus on passenger and driver safety.
By technological developments in sensors and machine learning algorithms the accuracy and dependability of gesture recognition systems have been greatly improved. Especially in difficult situations like dim lighting or changing weather many gestures may be reliably interpreted by modern systems. More important tasks like climate control, emergency signalling, and navigation in addition to basic infotainment controls can now be done by gesture recognition technology.
Consumer preference for connected automobiles and smart vehicle technology is one other major factor propelling the automotive gesture recognition market. Car makers are under pressure to innovate and provide features that improve the overall driving experience as buyers seek out automobiles with the newest technologies. By offering a modern and intuitive user interface that appeals to consumers who are familiar with technology this trend is complimented by gesture recognition systems.
By the introduction of tighter safety regulations for automobiles by regulatory agencies worldwide the use of gesture recognition systems is being accelerated. These technologies can be extremely helpful in ensuring that safety rules are met by guaranteeing that drivers can access and manage car functions without taking their eyes off the road. Drivers can use simple gestures to stay focused on the road to answer calls, change the music track, or alter the level.
To differentiate their products in a competitive market automotive manufacturers are also recognizing the potential of gesture recognition technology. By offering advanced gesture-based interfaces, manufacturers can enhance the believed value of their vehicles and attract a broader customer base. Where consumers are willing to pay a premium for modern technologies that enhance comfort and convenience it is particularly important there.
The report will cover the qualitative and quantitative data on the Global Automotive Gesture Recognition Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.
By Product Type (Touch-based Systems and Touchless Systems), By Authentication Type (Hand Recognition/Fingerprint Recognition/Palm Recognition/Leg Recognition, Facial Recognition, Vision/Iris Recognition, and Others), By Application Type (Navigation/Multimedia/Infotainment Systems, Lighting Systems, and Others)
Study Period | 2024-32 |
Base Year | 2023 |
Estimated Forecast Year | 2024-32 |
Growth Rate | CAGR of 18.10% from 2024 to 2032 |
Segmentation | By Product Type, By Authentication Type, Application Type, By Region |
Unit | USD Billion |
By Product Type |
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By Authentication Type |
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By Application Type |
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By Region |
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In June 2024, Volkswagen AG resolves on investment by Volkswagen of initially 1 billion USD in Rivian Automotive, Inc., and intends to establish a joint venture with Rivian Automotive, Inc., in the area of E/E architecture. Total investments from Volkswagen in Rivian Automotive, Inc., and the joint venture could grow to up to 5 billion USD until 2026.
In December 2022, Aptiv PLC, a global technology company focused on making mobility safer, greener and more connected, has completed the acquisition of an 85% equity stake in Intercable Automotive Solutions from Intercable S.r.l. As an industry leader in high voltage power distribution and interconnect technology, Intercable Automotive Solutions will enhance Aptiv’s position as a global leader in vehicle architecture systems. The transaction is valued at €595 million, subject to customary post-closing adjustments, and is expected to be accretive to earnings per share starting in 2023.
The market scope is segmented because of By Product Type, By Authentication Type, and Application Type.
Touch-based gesture recognition systems are more in demand than touch less systems. This is due to many companies are actively developing and installing these touch technologies in modern automobiles.
The market sub-segment for hand recognition, fingerprint recognition, palm recognition, and leg recognition expected to expand at the fastest rate during the forecast period. Over the years, customer needs have changed quickly passenger vehicles have seen many developments, including the integration of biometric security systems for improved car security.
In 2023 Navigation, multimedia, and infotainment systems commanded over 67.5% of the market share are expected to maintain their leadership position throughout the upcoming year.as compared to other applications automotive gesture recognition systems, particularly for tasks like radio channel scanning and music playback, these systems hold a larger market share.
Throughout the duration of the predicted period North America is projected to dominate the automotive gesture recognition market. Vehicular automation is in high demand because the region is at the forefront of technological advancements.in North America due to increasing demand for automotive gesture recognition systems, the ongoing research and development in electric and driverless vehicles are expected. This strong expansion is driven by significant investments in innovation and the presence of major automotive manufacturers and tech companies.
The automotive gesture recognition market in the Asia-Pacific region is growing quickly because of substantial investments from companies in countries such as China, India, Japan, and South Korea. These countries are concentrating on improving their technological capabilities and automotive infrastructure, supporting the expanding market in the area.in these nations the key factors of driving this expansion are the increasing consumer demand for advanced vehicle features and the growing automotive industry.
Consumer demand for convenience and safety features s driving an increasing number of premium and mainstream vehicles in North America to incorporate gesture recognition systems. The region's concentration of major tech companies and automotive leaders on the development and adoption of these advanced systems. Also, the market is growing because of government initiatives and programmes that favour automation and vehicle safety.
Modern cars with the newest innovations are becoming more and more popular in the Asia-Pacific area due to increased disposable incomes and fast urbanisation. A favourable environment for the development of gesture recognition systems is being created by the governments of these nations, which are simultaneously pushing the use of electric and driverless cars. Exchange of technology and knowledge is made easier by partnerships between domestic and foreign businesses, which is driving up market prices.
The objective of the report is to present comprehensive analysis of Global Automotive Gesture Recognition System Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
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14 Jun 2022