Automotive Gesture Recognition Market Estimated to Soar Higher During 2017 to 2022
This report provides prognosis and analysis of the automotive gesture recognition market. It offers historical data along with forecast data for 2022.
[USPRwire, Tue Apr 16 2019] FactMR has actively published a new research study titled “Automotive Gesture Recognition Market Estimated to Soar Higher During 2017 to 2022 | Key Players are NXP Semiconductors, Cognitec Systems GmbH, Gestigon GmbH, etc.” to its broad online database. This assessment works to discourse the major trends, opportunities and drivers motivating the automotive gesture recognition market during 2017-2022. The insights structured for presenting the target market are procured from both primary research and secondary research, and are utilized for validation that is valuable to investors, manufacturers and new entrants. As per research findings, the global automotive gesture recognition market is expected to showcase impressive growth in CAGR during the period until 2022.
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The dominance of the touch-based gesture recognition systems in the automotive gesture recognition market against the backdrop of a prominent end-user sentiment for touch-based technologies. While over 80% of the global market shares in 2017 were captured by touch-based gesture recognition segment, touchless systems have entered the market witnessing a considerably rising consumer confidence and are expected to witness an optimistic market outlook during the forecast period and beyond. However, adoption of touchless automotive gesture recognition system in the simple operations increases complexity and is likely to face the challenge of restricted adoption as compared to touch-based systems.
To align with the rising awareness regarding driver safety and growing consumer demand for safety features, automakers are actively engaged in ways to install multiple safety features in the automobiles that ensure safety without affecting the interior design of automobiles. Owing to technological advancements, implementation of sensor-based electronic devices in automobiles has amplified in the past decade. On the same lines, the human-machine interface (HMI) in the form of gesture recognition is being installed in automobiles at a higher rate. Further, with the increasing government regulations for driver safety, the trend of installation of the functional safety features has been propelled, in turn, expected to drive the automotive gesture recognition market at an exponential rate in the coming years.
Electrification of the automotive industry has introduced autonomous and electric vehicles that are the highest consumer of electronic devices. Autonomous vehicles, in particular, present the epitome of electronic device operations where the vehicle is guided by sensors and assisting systems providing minimum human intervention. Sensor-based automotive gesture recognition technology is likely to be installed in the increasing numbers of electric and autonomous vehicles. Growing importance of driver safety and ongoing electrification of the automotive industry is set to present new opportunities for the automotive gesture recognition market.
Browse Automotive Gesture Recognition Market Report with TOC – https://www.factmr.com/report/20/automotive-gesture
FactMR’s new report analyzes the automotive gesture recognition market performance on the global stage during the forecast period of 2012 – 2022. The report provides a thorough analysis and valuable insights into the automotive gesture recognition market that provides the readers with an all-inclusive scenario of the market. Considering various facets of the market, the market study focuses on important segments including product types of the automotive gesture recognition market including touch-based systems and touchless systems.
The report elaborates other segments on the basis of recognition types including hand/fingerprint, vision/iris and facial; based on application types including multimedia/navigation/infotainment, lighting systems, and door/window opening and based on vehicle type passenger car (PC), light commercial vehicle (LCH) and heavy commercial vehicle (HCV) of the automotive gesture recognition market. An exhaustive research study backed by historical data, current market size and future market projections delivers the most credible market forecast of the automotive gesture recognition market.
Automotive gesture recognition is comprised of electronic system installed in automobiles as a part of the human-machine interface (HMI). The automotive gesture recognition systems work on and the motion sensors of the gesture recognition system perceive physical movements of the driver without the need of physical contact or manual data insertion. Eye tracking, facial recognition, voice recognition, and lip movement analysis are known as perceptual user interfaces that collectively form gesture recognition system in automobiles.
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